Olivia Lim
Irvine,CA
Summary
Global Sourcing Manager well-versed in supply chain activities experienced in partnering cross-functionally with suppliers, internal customers and analysts to execute projects and improve processes. Maintains agile and aggressive supply base while procuring high quality goods at fair and competitive prices. Familiarity with supplier contracts, product conformity and problem solving methodologies.
Overview
17
17
years of professional experience
Work History
Global Sourcing Manager
Karma Automotive
Irvine, CA
11.2022 - Current
- Manage supply operations, execute strategies in partnership with component planning, finished goods planning, factory operations and order fulfillment teams
- Define, implement, and drive execution of program requirements, workflows, and plans
- Leads sourcing process with suppliers, including RFI/RFP/RFQ, negotiation, supplier selection, PO execution, and delivery
- Negotiate cost, delivery, quality, transportation, and other standard or special contract terms
- Owns and drives supplier performance, interfaces with supplier Quality Assurance and APQP activities, production part PPAPs, and quality issues
- Develop and maintain dashboards to track program status and to communicate key project metrics to broader organization including ELT, Program Management, Finance, Engineering and Manufacturing Plant (KICC)
- Demonstrated ownership of sourcing projects and ability to follow through in timely manner
- Measured and proven KPI including cost savings through all vehicle modules, enterprise resources, and contract negotiation – Cost savings and cash flow improvements - $1MM from 2022-2023
- Work across multiple platforms leveraging current and preferred suppliers for purchasing continuity
- Ownership of multiple modules: Thermal Management, Interiors, Safety&Restraints, Testing and Certification, Enterprise (Facilities, IT, HR), Marketing, and Design.
- Administered agreements by negotiating change orders, executing contract extensions and resolving administrative issues
- Liaised with internal and external stakeholders to identify and leverage contract value opportunities
- Collaborated with strategic partners to develop and manage key performance indicators and quality assurance processes
- Developed and implemented strategic purchasing procedures and control systems to reduce direct costs and carrying costs
- Managed and coordinated communications with candidates during interview and hiring process
- Supported recovery activities to prevent supply disruptions caused by business closures and accounting delays
- Developed requests for proposal and issued requests for quotes to support sourcing efforts
- Managed and developed relationships with suppliers to attain maximum cost efficiency and leverage buying power
- Streamlined portfolio, negotiated payment terms and promoted spending transparency to support cross-disciplinary goals
Senior Sourcing and New Product Development Manager
OneMonroe | Ryadon Inc
Foothill Ranch
02.2011 - 11.2022
- Manage multiple complex and concurrent projects saving over $6MM for stakeholders over 2 year period
- Prepare bids, RFI, RFP, RFQ, cost/revenue analysis, and perform white-glove support for internal teams
- Maintaining inventory, product details, info records, and revision levels for thousands of products
- Manage procurement diversity to establish vendor information tracking, develop spending baseline, and course correct as needed
- Led company through ISO9001-2008 and ISO9001-2015 certification.
- Maintained internal product knowledge database
- Identified opportunities for new products and improvements to existing products to increase sales
- Created product roadmaps to help guide product development processes and align with overall business goals
- Liaised with internal and external parties on procurement of new product formulations, international requirements and regulatory changes
- Managed product launches by creating plans and coordinating with marketing teams to maximize promotional reach
- Established, initiated and optimized business development strategies based on company targets, product specifications, market data, and budget factors
- Analyzed and reported on KPIs to validate and demonstrate success of marketing campaigns
Senior Buyer
Global Sourcing Solutions, Inc.
Aliso Viejo, CA
01.2010 - 02.2011
- Created and managed 2,000+ purchase orders which equates to more than 8MM
- Mockup advertising displays footprints for Motive Marketing and implemented displays in 200 stores in SoCal
- Client facing role with proven sales presentation success and landed 96% of projects where was sole presenter
- Mentored junior customer service representatives
- Organized client portfolios for company President and Vice President and built processes for data reporting
- White-glove support for top clients (Costco, Pez, Clean Ones, Fender, Samsung).
Purchasing & Planning Specialist
ProMart Industries, Inc.
Irvine
03.2009 - 01.2010
- Created sales presentations for clients like Bed Bath & Beyond, Wal-Mart, and Ross
- Managed product development worksheets for overseas manufacturers
- Negotiating complicated international and domestic contracts, including NDA’s, sales contracts, supplier audits, and process audits
- Reduce TCO by 19% in first 8 months of taking over by aggregating spends, consolidating freight, and improve lead times.
Buyer
Ryadon Inc.
Foothill Ranch
10.2006 - 03.2009
- Managed long-term material requirement planning process for all commodities
- Cost reduction through resourcing of high-volume parts and leveraging buys
- (Cost savings $200,000)
- Reduced costs by average of 5% annually, largely through long term agreements, minimum run sizes and reducing supplier base for volume leverage
- Managed supplier performance to ensure full demand coverage, purchase order reconciliation and understanding supply gaps
- Strategically sourced out alternative materials that are cost justified meeting QA standards set for production
- Managed production information in ERP system ensuring master data integrity, history and traceability.
Education
Bachelor of Arts - Sociology
University of California, Los Angeles
Los Angeles, CAAssociate of Arts - Accounting
Irvine Valley College
Skills
Process ImprovementSupply Chain ManagementVendor Relation ManagementCRM, QMS, ERP, SAP proficiencyData AnalysisCost/Benefit AnalysisBilingual (Mandarin/English)Cross collaboration in diversity culture environment
Supply Base Development
Strategic Business Relationships
Global Sourcing Strategies
Cost Reduction Initiatives
Negotiation Strategies
Raw Material Purchasing
Process Development
Contract Negotiation
Document preparation
Procurement expertise
Vendor sourcing
Data analysis understanding
Account management
Requests for information
Profit and loss understanding
Strategic planning
Bid coordination
Timeline
Global Sourcing Manager
Karma Automotive
11.2022 - Current
Senior Sourcing and New Product Development Manager
OneMonroe | Ryadon Inc
02.2011 - 11.2022
Senior Buyer
Global Sourcing Solutions, Inc.
01.2010 - 02.2011
Purchasing & Planning Specialist
ProMart Industries, Inc.
03.2009 - 01.2010
Buyer
Ryadon Inc.
10.2006 - 03.2009
Bachelor of Arts - Sociology
University of California, Los Angeles
Associate of Arts - Accounting
Irvine Valley College