rick varnadoe

Highly accomplished executive with extensive leadership experience in domestic and international procurement. Advanced data analytics and inventory optimization skills. *Hands On* leadership approach to success with teams at each function. 

• Diverse:  Skilled in delivering results in all spend types: raw materials, services, software, finished goods, SG&A.
• Experienced:  over 20 years leading Product Management, Procurement, Sourcing, Purchasing, Forecasting, Logistics
• Capable:  Strong business acumen (MBA, Six Sigma, Harvard Analytics) and certifications (CPM, CIPP, CSCP)
• Adaptable and Resourceful: Thrive in chaos whether supporting an existing team, creating a new function/team, or as an individual contributor.  Highly successful whether local or leading remotely). 
• Leader:  Established, trained, and led highly successful teams, written and documented full Supply Chain SOP.

Expert experience building successful Supply Chain Teams across multiple industries.  Diverse Expertise in  Retail Consumer Goods, Technology, Chemicals, Biomedical and Pharma, Building Materials, Automotive, Telecommunications, Product Design and Development, Software Development, Indirect Support Services, Capital Expense and R&D, MRO, Supplier Diversity.

·       Savings: Delivered Negotiated savings to generate $421 million EBITDA gain

·       Global Reach: Created Sourcing relationships in 18 countries across multiple categories (chemicals, electronics, bioscience, plastics, Finished Goods, raw materials, commodities, metals)

·       Crisis Resolution: 100% material supply to guarantee no COVID supply disruptions

·       Control: Spotlight-Drove $3.7 million inventory reduction while increasing service level fill from 67% to 98.4%

·       Outsourcing: $9 million in Savings sourcing multiple contract manufacturers (CMOs) of Equipment, Parts, Finished Goods

·       Compliance: 100% success rate in regulatory agency audits (FDA, EPA, DOT, ISO, MDSAP)

·       Contract Negotiation: $518 million Financial Impact by Negotiating over 1000 supply contracts

·       Team Building: Trained/mentored over 150 procurement professionals and promoted 19 to Leadership roles.

·       Process Excellence:  Created and Implemented complete Processes for Purchasing, Contract Management, Strategic Sourcing, ERP Configuration and Deployment.

·       Innovation:  Authored and implemented 2 Demand Planning, Forecasting, Inventory Management ERP.