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Lonnie Hughes
Procurement Manager
Summary
Procurement Manager with over 8 years of experience in negotiating multi-million dollar contracts, implementing strategic sourcing initiatives, and leading teams of procurement professionals. Proven track record of reducing costs, improving quality, and mitigating supply chain risks. Expertise in budget management, contract negotiation, supplier relationship management, and procurement process improvement.
Education
Bachelor’s Degree in Supply Chain Management or related field
December 2017
Skills
- Budget Management
- Contract Negotiation
- Supplier Relationship Management
- Procurement Process Improvement
- Demand Planning
- Inventory Management
Work Experience
Procurement Manager
- Led negotiations with key vendors to secure favorable terms and conditions, ensuring compliance with regulations
- Implemented a procurement process improvement program, reducing cycle times by 20%
- Utilized data analytics to identify and mitigate supply chain risks, improving supplier reliability
- Developed and managed a supplier diversity program to increase supplier base and foster innovation
Procurement Manager
- Negotiated multimillion dollar contracts to improve quality and reduce costs by 10% for top tier suppliers
- Implemented a strategic sourcing initiative to consolidate spend, resulting in a 5% cost reduction across multiple categories
- Developed and executed a sourcing strategy for complex, highvalue commodities, achieving a cost reduction of 15%
- Managed a team of procurement professionals to achieve cost savings, reduce risk, and improve supplier performance
Accomplishments
- Led a crossfunctional team to implement a new procurement system, resulting in a 15% reduction in procurement cycle time
- Negotiated a 10% reduction in contract pricing with a key supplier, saving the company millions of dollars
- Developed a supplier risk management program that identified and mitigated potential risks in the supply chain
- Improved the procurement process through vendor consolidation and strategic sourcing, resulting in increased efficiency and cost savings
- Established and managed a preferred supplier program, resulting in improved supply chain visibility and reduced inventory costs
Awards
- Bronze Medallion for Excellence in Procurement Management from the Institute for Supply Management
- Supplier of the Year Award from a major client for outstanding performance in procurement
- Recognition for Outstanding Achievement in Procurement from the companys CEO
Certificates
- Certified Professional in Supply Management (CPSM)
- APICS Certified Supply Chain Professional (CSCP)
- ISM Certified Procurement Manager (CPM)
- Six Sigma Green Belt
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How To Write Resume For Procurement Manager
- Highlight your experience in negotiating and managing multi-million dollar contracts.
- Quantify your accomplishments by providing specific examples of cost savings and improvements achieved.
- Showcase your expertise in strategic sourcing, supplier relationship management, and procurement process improvement.
- Demonstrate your ability to lead and motivate a team of procurement professionals.
Essential Experience Highlights for a Strong Procurement Manager Resume
- Negotiate and manage multi-million dollar contracts to secure favorable terms and conditions.
- Implement strategic sourcing initiatives to consolidate spend and reduce costs.
- Develop and execute sourcing strategies for complex, high-value commodities.
- Manage a team of procurement professionals to achieve cost savings, reduce risk, and improve supplier performance.
- Lead negotiations with key vendors to secure favorable terms and conditions, ensuring compliance with regulations.
- Implement a procurement process improvement program, reducing cycle times and improving efficiency
Frequently Asked Questions (FAQ’s) For Procurement Manager
What are the key skills required to be a Procurement Manager?
Key skills include budget management, contract negotiation, supplier relationship management, procurement process improvement, demand planning, and inventory management.
What are the different industries that Procurement Managers can work in?
Procurement Managers can work in a wide range of industries, including manufacturing, healthcare, retail, and technology.
What are the career advancement opportunities for Procurement Managers?
Procurement Managers can advance to roles such as Chief Procurement Officer, Supply Chain Manager, or Operations Manager.
What are the challenges that Procurement Managers face?
Challenges include managing supply chain risks, ensuring compliance with regulations, and staying up-to-date on industry best practices.
What are the in-demand skills for Procurement Managers?
In-demand skills include data analytics, risk management, and sustainability.