Senior Vice President Of Purchasing resume example

Wholly owned captive finance subsidiary of General Motors.

Led the strategic negotiations of critical enterprise systems and outsourcing service agreements that allowed GM Financial to grow from $8b to a $100b in 10 years.

• Negotiated an agreement Fidelity for a servicing platform to host auto finance customers. A complex implementation 3 years and consolidated 2 legacy platforms. s and $65mThis agreement required for implementation and hosting took 120 days, $65m implementation and $15m sustain. to Resulted in savings of $20m.
• Leveraged GM's Oracle software license agreement for general ledger, human resource, and database applications. Negotiated a separate $3m annual cloud hosting agreement with Oracle.
• Developed and deployed an invoice validation tool for Azure. Resulted in $500k in refunds for over-billing and Microsoft correcting online portal to reflect the correct discounts.
• Collaborated with IT to build a strategic partnership with NTT for offshore IT resources. $13m annual contract with commitments by NTT responds quickly with quality resources supporting new projects and sustain activities.
• Negotiated the complex agreements vehicle protection program launched into production October 2022. Collaborated with business owners, cyber, privacy and outside consultants in order to met the tight deadline to executed outsourcing and insurance agreement for new captive insurance entity.
• Negotiated the agreement with Guidewire for an auto insurance platform supporting the new line of business launching in 2023 with expected $2b in annual revenue. A 5 year, $6.6m agreement executed in 70 days with approval from all stakeholders. Resulted in 11m savings.
• Persuaded bank management executives leadership to include an additional vendor in bid for the industrial bank platform against the advice of outside consultant. Resulted in selection of Fiserv and savings of 40% over other bids. Agreement includes an opt out clause in the event bank application is not approved by FDIC.
• Recruited, mentored and developed a diverse and highly talented team of 55 professionals and ranked as one of the best in company as evidenced by employee engagement surveys, tenure of staff and low turn over rate.
• Issued 300m annual purchase orders in compliance with company policies. 2 year review cycle by internal audit resulting in no remediation items.
• Implemented enterprise sourcing strategies for key areas while building strong vendor partnerships.
• Coordinated with GM to implement company vehicle program in accordance with GM's policies. Responsible for 1,400 company cars across the US and Canada.
• Implemented the repo agent network in support of repossession of 7,000 vehicles per month. Resulted in no fines or penalties from exams by regulatory agency.
• Implemented global vendor management framework to support the vendor life cycle from onboarding to termination. Developed vendor risk and remediation process along with trend analysis.
• Developed and deployed a corporate invoice processing for 2m in monthly invoices for telecom, shipping, travel and corporate credit cards.
• Selected to lead the project for the transformation of the end of lease letters for customers. Identified opportunities to reengineering the process and implement system configuration changes resulting in avoiding hiring 200 FTEs, leveraging bots and data to send out 75k monthly letters. Required collaboration with customer experience, analytics and IT teams to implement recommendations. Resulted in 90m of additional revenue to bottom line while earning customers for life.
• Developed and implemented end to end solution for leasing of vehicles to GM's in support of Maven, a Gig entity. This included the accounting for 170m inventory, secure title management, consolidated monthly invoice, and general ledger entries. Replicated solution for Australia, and Canada. Resulted in 10m to bottom line.