Lorenzo Martinez
Springville,UT
Summary
Strategic Senior Buyer & Sourcing Specialist with 6 years of experience managing $10M+ global portfolios across SaaS, Aerospace, and Retail sectors. I have a proven track record of driving margin improvement through data-driven negotiation, inventory optimization, and lean supply chain principles. I am passionate about Cycling, Snowboarding, and CrossFit. As a cycling enthusiast, I have a deep knowledge of the cycling industry and am committed to delivering high-quality product assortments that align with brand integrity and financial targets.
Overview
7
7
years of professional experience
Work History
Senior Sourcing Analyst
Qualtrics
06.2024 - Current
- Executed procurement strategy for global Hardware and Technical portfolios, curating a high-quality product assortment that aligns with brand standards and financial targets while achieve 20% cost avoidance with major providers.
- Developed a cost-mitigation framework to address supply volatility, securing advantageous pricing and volume discounts to avoid a 32% forecasted price increase.
- Partnered with Legal to standardize a "PO-Direct" invoicing policy in Coupa, streamlining the payment lifecycle and ensuring 100% accuracy in vendor disbursements.
- Acted as a primary business partner for the Marketing department, aligning procurement activities with department-wide budget goals and critical project timelines.
International Buyer
Crumbl
09.2023 - 06.2024
- Orchestrated the sourcing strategy for the Canadian market expansion, conducting deep market analysis to onboard suppliers that delivered a 25% cost reduction for high-volume ingredient categories.
- Nurtured strategic relationships with global vendors, negotiating terms and key buys to maximize gross margin and ensure 100% supply chain continuity during rapid growth.
- Collaborated with executive leadership to implement revenue-driving initiatives, including an offsite sales model adopted company-wide in 2024.
Senior Buyer
Parker Aerospace
08.2020 - 08.2023
- Managed a $10M+ annual spend portfolio, maintaining 85%+ "On-Time In-Full" delivery and optimizing stock health to minimize stockouts and excess inventory.
- Negotiated pricing and terms on new and existing purchase orders, achieving up to 30% savings while upholding strict quality standards and supplier compliance.
- Reduced procurement lead times by 20 weeks through aggressive vendor management and strategic expediting of critical product orders.
- Executed continuous improvement initiatives as the purchasing lead for Kaizen events, implementing processes that mitigated losses due to supplier quality issues.
Materials Analyst
Autoliv Inc.
02.2020 - 08.2020
- Utilized consumer analytics and replenishment data to forecast demand, reducing operational costs through lean inventory management.
- Managed the efficiency of 15+ weekly international shipments, ensuring fast fulfillment and accurate delivery to maintain optimal stock turns.
- Advised on trends and/or shifts in demand and reduce operations costs.
- Resolved issues with customers, shipping, inventory, and buyers to ensure timely product arrival.
Supply Chain Intern
Supply Chain Intern
05.2019 - 08.2019
- Assisted with value stream mapping of operations process; implemented strategies to reduce inventory by 30%.
- Collected and entered quantitative data in Excel for the preparation of product forecasts.
- Collaborated with management on ways to improve operations efficiency and process productivity.
Education
Bachelor of Science - Supply Chain Management
Weber State University, Goddard School of Business & Economics
Ogden, UTSkills
- Supplier Relationship Management
- Contract Lifecycle Management MSA, SOWs, SaaS Licensing
- Category Strategy & Spend Analysis
- Cross-functional Leadership
- Financial and Operational Risk Analysis
- Continuous Improvement (Kaizen/Lean)
Timeline
Senior Sourcing Analyst
Qualtrics
06.2024 - Current
International Buyer
Crumbl
09.2023 - 06.2024
Senior Buyer
Parker Aerospace
08.2020 - 08.2023
Materials Analyst
Autoliv Inc.
02.2020 - 08.2020
Supply Chain Intern
Supply Chain Intern
05.2019 - 08.2019
Bachelor of Science - Supply Chain Management
Weber State University, Goddard School of Business & Economics