Megan Button
Newport,MI
Summary
Purchasing and Supply Chain leader with 20 years of diverse commodity management expertise. Exceptional leadership, strategic planning, negotiation, contract negotiation, problem-solving, and communication skills. Disciplined professional with a strong history of building and leading teams to exceed organization objectives. Adept at optimizing resources and generating significant cost savings by developing and applying best business practices across large-scale organizations. Organized Purchasing Manager with diligence, resourcefulness and experience to expand and improve regional operations for multiple locations. Self-directed and proactive with strong program management abilities.
Overview
24
24
years of professional experience
Work History
Senior Purchasing Manager North America Indirect Material and Services
TENNECO
01.2016 - Current
- Managed portfolio of $250M spend for Indirect Material and MRO items while communicating commodity strategies to key stakeholders.
- Effectively document, communicate, and gain buy-in across stakeholder base to ensure alignment
- Drive strategic Indirect supplier selection and relationship cultivation
- Reduced inventory by $5M by continuously reviewing min/max levels
- Served as point of contact for collaborating with consultants that involved cost savings projects.
- Supported over 80 locations in US, Canada, and Mexico.
- Develop and negotiate long-term purchasing contracts that include favorable pricing, payment terms, volume growth incentives, and year-over-year productivity savings gains.
- Built and maintained relationships and cadence with four distinct business units and leadership in each.
- Oversee implementation of category plans and ensure that process improvement and procurement activities deliver expected business value.
- Led and oversaw implementation of category plan for corrugated spend of $40M starting with issuing RFP, supplier negotiation, and final contract negotiation that resulted in $8M savings annually.
- Analyzed spend data to uncover opportunities for cost reduction and process optimization across various categories of goods and services procured by organization.
- Optimized working capital by negotiating favorable payment terms with vendors without compromising supplier relations or product quality.
Purchasing Manager North America Indirect Material and Services
TENNECO
04.2015 - 01.2016
- Led cross-functional team in executing cost reduction initiatives, resulting in significant savings on material purchases. Achieved over $12.1M in cost reductions.
- Supervise team of eight buyers including one located in Mexico.
- Trained junior staff members on best practices in purchasing management, contributing to their professional development and growth within the organization.
- Team ROI 9.20x the Opex budget; team paid for themselves every 1.3 months.
- Communicated business plans for teams' managed commodities to all levels of organization.
- Implemented policies to reduce cost and eliminate waste. Developed transparent cost model for corrugated packaging that produced net cost reduction of $2.7M.
- Nominated and received award as a finalist in the Monroe office for recognition from peers.
Senior Buyer, Indirect Material and Services
TENNECO
05.2013 - 04.2015
- Collaborated with cross-functional business units, including development, implementation, and negotiating contracts for sourcing and cost-reduction solutions.
- Increased responsibilities and commodities that included Natural Gas and Electricity.
- Implemented process with scrap supplier to obtain third-party weight tickets and transparent pricing tied to appropriate index. Scrap volumes increased by 30% and a $500k improvement in pricing was recognized.
- Designed and implemented complete waste management program that reduced waste and consolidated commodities for full rebates paid back to company.
- Reduced landfill deposits by 90%
- Achieved cost savings by implementing strategic sourcing and supplier negotiations with over $600K in cost savings at multiple locations.
- Implemented Research and Development tax credit that saved $3M.
Buyer V, Indirect Material and Services
TENNECO
07.2010 - 05.2013
- Received award for significant cost reductions through external supplier collaboration.
- Consolidated PPE with EHS regional managers that reduced SKU count, improved product life, and increased safety accountability plant wide.
- Green belt project completed that streamlined all multifunctional devices across entire enterprise for US locations.
- Eliminated locally networked printing devices and optimized productivity throughout multiple plants.
- Defined, managed, and built standardized list of printing devices.
- Implemented vending machines at facilities for point of use for MRO items. Savings achieved 20% on consumption reduction.
Buyer IV, Indirect Material and Services
TENNECO
12.2006 - 07.2010
- Increased responsibilities with managed portfolio of $75M in spend.
- Commodities included tooling, safety, industrial supplies, fork trucks, background checks, and drug screens.
- Annual savings achieved of $1.2M year over year
- Directly responsible for negotiating long-term agreement with major manufacturer of electrical components that resulted in piece price savings of $500K annually.
- Established purchasing procedure for leasing equipment through corporate treasury. This eliminated order complications and improved delivery.
- Drove efficiencies and enhancements with preferred LTA providers by further focusing on product standardization, common processes, and price parity.
- Standardized PPE assessment performed saving over $150K annually.
Buyer III, Indirect Material and Services
TENNECO
01.2004 - 12.2006
- Procured $50M annually in goods and services, including industrial gas, welding supplies, and travel.
- Led regional commodity sourcing teams as lead buyer that affected all facilities in North America.
- Achieved annual commodity cost reduction targets of 6% through productivity negotiations.
- Implemented propane tax credit on fork trucks which gained $250K back to company.
Junior Buyer, Indirect Material and Services
TENNECO
08.2002 - 01.2004
- Managed a portfolio of $20M in spending that included temporary labor.
- Supported 16 locations in the US and Canada
- Performed a reverse auction that saved $1M annually by establishing productivity and long-term agreements with two key vendors
- Managed supplier relationships and executed supply agreements.
Purchasing Clerk
TENNECO
08.2001 - 08.2002
Inside Sales Representative
TENNECO
04.2000 - 08.2001
Warranty Representative
TENNECO
11.1999 - 04.2000
Education
MBA - Business Administration And Management
Siena Heights University
Adrian, MI01.2019
Bachelor of Arts - Liberal Arts And General Studies
Siena Heights University
Adrian, MI01.2012
Associate of Arts -
Monroe County Community College
Monroe, MI01.2005
Skills
- SAP
- Price Negotiation
- Stakeholder relationship development
- Cost Reduction
- Contract Negotiation
- Supplier Relationship Management
- Strategic Sourcing
- Procurement Policies
- Supplier negotiation
- Efficiency Improvement
- Strategic Planning
- Bidding processes
Affiliations
- National Association of Purchasing Managers/ISM-Member, 2010-01-01, Present
- ABWA/American Business Women's Association-Member, 2015-01-01, Present
Awards
- Recipient of the 2012 Corporate United Award for Excellence in External Collaboration, 2012
- Recipient of the 2016 Employee Recognition Program, 2016
Timeline
Senior Purchasing Manager North America Indirect Material and Services
TENNECO
01.2016 - Current
Purchasing Manager North America Indirect Material and Services
TENNECO
04.2015 - 01.2016
Senior Buyer, Indirect Material and Services
TENNECO
05.2013 - 04.2015
Buyer V, Indirect Material and Services
TENNECO
07.2010 - 05.2013
Buyer IV, Indirect Material and Services
TENNECO
12.2006 - 07.2010
Buyer III, Indirect Material and Services
TENNECO
01.2004 - 12.2006
Junior Buyer, Indirect Material and Services
TENNECO
08.2002 - 01.2004
Purchasing Clerk
TENNECO
08.2001 - 08.2002
Inside Sales Representative
TENNECO
04.2000 - 08.2001
Warranty Representative
TENNECO
11.1999 - 04.2000
MBA - Business Administration And Management
Siena Heights University
Bachelor of Arts - Liberal Arts And General Studies
Siena Heights University
Associate of Arts -
Monroe County Community College