Lauren Colombo
Rochester,MI
Summary
Diligent procurement professional with solid background in managing commodities across various industries. Experienced with strategic sourcing, supplier negotiations, and market analysis. Utilizes these skills to enhance supply chain efficiency and achieve cost savings. Track record of maintaining robust supplier relationships and driving successful procurement strategies.
Overview
23
23
years of professional experience
Work History
Senior Commodity Manager
First Brands Group/Trico Products
09.2013 - 06.2023
- Developed and implemented sourcing strategies to optimize supply chain efficiency.
- Managed supplier relationships, ensuring compliance with quality and delivery standards.
- Analyzed market trends to identify cost-saving opportunities and mitigate risks.
- Led cross-functional teams in negotiating contracts, achieving favorable terms and conditions.
- Streamlined procurement processes, resulting in reduced lead times and improved inventory management.
- Increased supply chain efficiency by implementing strategic sourcing and procurement processes.
- Enhanced supplier relationships through regular communication, performance evaluations, and collaborative problem-solving initiatives.
Purchasing Manager-Direct Materials
ITT Industries/Cooper Standard
06.2002 - 07.2006
- Established strategic sourcing strategies to optimize procurement processes through global negotiations and strategic supplier relationships.
- Developed and executed strategic global vision for $250M direct production annual spend for fluid handling systems.
- Implemented reverse auction software for tooling cost reductions.
- Participated in Cross Functional Teams globally to realize synergies amongst divisions.
- Conducted supplier performance evaluations to ensure compliance with quality standards.
- Led training initiatives for purchasing staff, fostering professional development and efficiency.
- Analyzed market trends and adjusted procurement strategies accordingly for optimal results.
Senior Buyer-Stampings
Valeo Automotive Systems, NA
04.2000 - 06.2002
- Developed and implemented stamping commodity strategy.
- Conducted RFP/RFQ’s for all new product platforms.
- Negotiated contracts with suppliers to secure competitive pricing and favorable terms.
- Analyzed market trends to identify cost-saving opportunities and improve procurement strategies.
- Managed supplier relationships to ensure timely delivery of quality materials.
- Collaborated with cross-functional teams to align procurement plans with organizational objectives.
- Coordinated supplier VA/VE activity.
Education
Bachelor of Arts - Accounting
Michigan State University
Skills
- Advanced Microsoft Office skills
- Skilled in managing Access databases
- ERP software proficiency
- Commodity strategy formulation
- Proficient in negotiation strategies
- ERP/MRP Implementation and Analysis
- Supplier relationship management
- Supply chain optimization
- Strategic pricing negotiations
- Sourcing optimization strategies
- Cost analysis proficiency
Timeline
Senior Commodity Manager
First Brands Group/Trico Products
09.2013 - 06.2023
Purchasing Manager-Direct Materials
ITT Industries/Cooper Standard
06.2002 - 07.2006
Senior Buyer-Stampings
Valeo Automotive Systems, NA
04.2000 - 06.2002
Bachelor of Arts - Accounting
Michigan State University