Zigang (Ziggy) Chen
Chicago,IL
Summary
Well-qualified Sourcing Specialist with a five-year record of Chemical and Raw Material Sourcing performance. Expert in vendor relations, contract negotiation and price structuring. Works cross functionally with internal stakeholders and management to improve item quality and sourcing procedures, as well as suppliers and external stakeholders to maximize the sourcing strategic value.
Overview
11
11
years of professional experience
1
1
Certification
Work History
Global Sourcing Manager
Fuchs Lubricants Co.
Chicago, IL
04.2024 - Current
- Formulated procurement plans for various packaging types, organic chemicals, esters, and subcontracting services worth $35 million annually.
- In 2024 YTD, implement $2.3MM of savings in the assigned spend categories via negotiations, vendor base management, qualifications, and other initiatives.
- Accomplished de-risking using multi-sourcing for primary components including ester SKUs, cartridges and silicates to maintain uninterrupted supply (10 projects total, including steel pails).
- Identify and issue RFQs to the supply base, and serve as the primary point of contact for questions/clarification, as well as the gatekeeper for all supplier submissions/responses.
- Analyze supplier submissions to RFQs and lead cross-functional teams to develop a Total Cost of Ownership model to serve as a foundation to develop sourcing strategies for various spend categories.
- Monitor relevant markets and feedstocks to identify supply trends and risks and communicate research to the cross-functional teams and leadership.
- Coordinate and leverage the Fuchs' global network of purchasing professionals to take advantage of our combined experience and buying power.
- Lead the management of all commercial aspects for suppliers of purchasing categories above including vendor selection, strategic sourcing, commercial terms & conditions, pricing, cost saving initiatives, performance (delivery, quality, capacity, financial health), issue/supply resolution.
- Actively manage spending within categories via a data-driven approach (SAP).
- Foster collaborative and effective communication between supply base and internal stakeholders (Operations, Planning, Quality, R&D, Sales).
- Support Procure-to-Pay process for the supply base for all assigned spend categories.
Global Procurement Sourcing Specialist
Sherwin Williams
Cleveland, OH
01.2022 - 04.2024
- Develop sourcing strategies, executing sourcing strategies, monitoring market movements, negotiate agreements consistent with global commodity team strategies and all applicable Business Unit business operating plans and objectives, working with a broad base of business groups, and resolving issues with suppliers
- Support and Manage TGIC, Castor Oils, Specialty Industrial Resins and Tail Spend categories ($12MM/Year)
- Develop, issue and analyze RFQ’s for assigned commodities or those areas directed by Sourcing Manager
- Monitor supply, shipments, and quality standards of existing suppliers while fostering new professional relationships with prospective suppliers through collaborations (through projects and samples)
- Utilize AOM and APEX to maximize tolling strategies and values within the purchasing network
- Communicate to stakeholders sourcing strategies, pricing, and market conditions impacting supplies and services. Work closely with stakeholders to ensure strategy alignment with total cost and assured supply and service.
- Identify and develop new suppliers to ensure uninterrupted supply of materials and services
- Work with other Sourcing Managers to negotiate and implement sourcing agreements/contracts which help to increase supply assurance, reduce risk and improve Sherwin-Williams’ competitive position in the market
- Forecast pricing on assigned categories to provide top management with key information for determining future pricing and budgetary impacts
- Management of established pricing (verification, resolution of discrepancies, etc.). Negotiate and resolve any claims or disputes concerning a supplier’s performance on categories managed
- Develop and implement cost savings projects and initiatives for assigned categories
- Ensure compliance with department policies, procedures and applicable laws, rules and regulations
- Complete paperwork, recognizing discrepancies and promptly addressing for resolution
Global Procurement Sourcing Analyst
Sherwin Williams
Cleveland, Ohio
02.2018 - 01.2022
Corporate Banking Associate, Mid-Large Cap
PNC
Cleveland, OH
08.2016 - 11.2017
- Supported mid-sized companies with revenues ranging from $50M to $500M.
- Aid regional underwriters in daily tasks of drafting deals, conducting due diligence, and completing bookings.
- Conducted quantitative risk assessments for client portfolios.
- Perform financial analysis, and gather audited financial statements from clients' points of contact.
- Executed booking, renewal, and modification of ~$85M in financial agreements.
- Regularly identified and assessed new cross-selling strategies within organization.
Co-Founder
Flashcare, Startup Company
Cleveland, Ohio
04.2015 - 11.2017
- Healthcare Informatics Startup Company
- Hired 5 additional employees
- Competed in 5 competitions, won two First Place Awards
- Raised first-round funding and collaborated with more than 25 advisors
- Built prototypes, and engaged with Cleveland healthcare community in fundraising and advising stages.
Procurement Analyst
Wolstein Research Center
Cleveland, OH
05.2015 - 08.2016
- Order over $150,000 in supplies, chemicals and equipment for the Department of Pathology
- Enter requisitions and follow up with suppliers and order receivers through PeopleSoft ERP
- Track payment, shipping and POs through PeopleSoft ERP
- Model and manage the requisition, vendor and order database on an hourly basis
- Assisted billing of equipment and supplies for PIs
Outreach Specialist
Case Western Reserve University
Cleveland, OH
08.2013 - 07.2015
- Contact alumni about contact information, records and past contributions
- Record and analyze experiences and feedback
- Process over $100,000 in donations and pledges
- Update contact databases
- Serve as ambassador to the alumni and parents on behalf of the university
Education
MBA - Supply Chain
Bowling Green State University
Bowling Green, OHBachelor of Science - Business Management & Finance
Case Western Reserve University
Cleveland, OHSkills
- Strategic sourcing
- Global procurement
- Demand planning
- Logistics management
- Cost analysis
- Supplier relationship management
- Category management
- Cost reduction initiatives
- Negotiation expertise
- Oracle
- Raw material purchasing
- Lean six sigma
- Strategic business relationships
- Supplier evaluation
- Trend analysis
- Supplier performance
Languages
- Chinese
- Portuguese
Affiliations
- Phi Kappa Phi (MBA - Honors, BGSU, 2022)
Languages
Chinese (Mandarin)
Native/ Bilingual
Portuguese
Limited
Certification
- Lean Certified
Timeline
Global Sourcing Manager
Fuchs Lubricants Co.
04.2024 - Current
Global Procurement Sourcing Specialist
Sherwin Williams
01.2022 - 04.2024
Global Procurement Sourcing Analyst
Sherwin Williams
02.2018 - 01.2022
Corporate Banking Associate, Mid-Large Cap
PNC
08.2016 - 11.2017
Procurement Analyst
Wolstein Research Center
05.2015 - 08.2016
Co-Founder
Flashcare, Startup Company
04.2015 - 11.2017
Outreach Specialist
Case Western Reserve University
08.2013 - 07.2015
MBA - Supply Chain
Bowling Green State University
Bachelor of Science - Business Management & Finance
Case Western Reserve University
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