Charles Anderson
Farmington
Summary
Strategic Sourcing Manager with a strong track record in cost reduction and supplier management at Toro Company. Expertise in negotiation and data analytics led to significant savings and improved procurement processes. Demonstrated success in enhancing supply chain efficiency and fostering strategic business relationships.
Overview
26
26
years of professional experience
Work History
Strategic Sourcing Manager
Toro Company Bloomington MN
Bloomington
03.2023 - Current
- Lead the sourcing process for Raw Steel, Metal Fabrication, Fasteners and casting and Machining, including developing Commodity Strategies, Requests for Proposals (RFPs), evaluating supplier responses, and conducting negotiations.
- Conduct market research and analysis to identify qualified suppliers, understand market trends, and optimize pricing strategies.
- Develop and implement sourcing strategies that align with company objectives and overall procurement goals.
- Manage supplier relationships, fostering open communication and collaboration to ensure quality and timely delivery of goods and services.
- Analyze procurement data and identify cost-saving opportunities.
- Manage and mitigate risks associated with the supply chain.
- Develop and maintain strong working relationships with internal stakeholders across various departments.
- Stay up-to-date on industry best practices and procurement trends.
Commodity Manager
Toro Company Bloomington MN
Bloomington
03.2022 - 03.2023
- Developed an updated sourcing strategy for all raw material commodities that incorporated customer requirements, product requirements, market conditions, tariffs, business risk, and supplier capabilities.
- Communicated on a continuous basis with internal customers to understand business objectives, expectations and specific requirements.
- Created the Toro Commodity Basket and commodity newsletter to give monthly material guidance and updates to my internal customers and coworkers.
- Served as an internal resource regarding supplier new products, capabilities, technologies, and sourcing process.
- Develop and maintain knowledge of market conditions, trends, sources of supply and supplier capabilities for materials, services within the raw material commodity.
- Lead sourcing negotiations with all levels of supplier contacts to establish terms of contracts, memorandum of understanding and schedule agreements.
- Developed, maintained and strengthened long-term supplier relationships.
- Resolved complex problems relating to supplier quality and service, contract disputes, and other challenges.
General Manager
Metals USA Horicon WI
Horicon
03.2020 - 01.2022
- Oversee daily operations of the business unit.
- Ensure the creation and implementation of a strategy designed to grow the business.
- Coordinate the development of key performance goals for functions and direct reports.
- Provide direct management of key functional managers in the business unit.
- Ensure the development of tactical programs to pursue targeted goals and objectives.
- Ensure the overall delivery and quality of material to customers.
- Engage in key or targeted customer activities.
- Oversee key hiring and talent development programs.
- Evaluate and decide upon key investments in equipment, infrastructure, and talent.
- Communicate strategy and results to the unit's employees.
- Report key results to corporate officers.
Supply Base Manager
John Deere Enterprise Supply Management
09.2015 - 01.2020
- Developed Strategic Sourcing Strategies for the steel commodity that can easily be followed and utilized by buying units.
- Negotiated long-term agreements with suppliers to ensure best in class cost and dedication from suppliers.
- Lead the sourcing team comprised of production buyers, new product buyers, cost management specialists, and engineers for all forms of Steel raw materials with spend over $500M.
- Developed and lead the current John Deere Directed Buy program. This included supplier identification, onboarding and oversight processes.
- Lead integration activities with Divisional Metal Fabrication teams and assisted in identifying new suppliers to be added to the supply base.
- Implementing an Enterprise wide cost transparency initiative to drive suppliers to provide detailed cost information when quoting that can then be used to develop process base cost models and industry cost models for better predictive pricing.
- Exiting a major supplier due to performance, competitiveness, and lack of gap closure, this will result in over $2M in cost reduction for FY18 and FY19.
- Develop Strategic Sourcing Strategies for the steel commodity that can easily be followed and utilized by buying units.
- Manage high-level strategic supplier contacts, develop relationships, resolve supplier issues, integrate early in the sourcing process for better quality parts, and award high-performing suppliers with additional business.
- Define and lead the Plate portfolio and purchasing strategy for Deere Hitachi.
Cost Management Specialist
John Deere Enterprise Supply Management
02.2011 - 09.2015
- As Co- Chair of the Supply Chain Risk Leadership Council lead many initiatives to promote Supply Chain Risk processes and sustainability guidelines that could be used across many industries.
- Lead the initiative Define and Execute a Supplier Financial Risk Process. This is a sustainable global process for evaluating the risk at all suppliers globally in a similar fashion. This process has become the standard that continues to be used to evaluate the financial risk of our entire supply.
- Lead the materials forecasting process and development of new tools and process including a Deere Commodity Basket. This is used to provide high level, region specific guidance on the impact of raw material changes on the entire company. This process drives alignment from all regions for material forecasting.
- Support Strategic Sourcing and Unit Supply Management in all aspects of cost. This includes analyzing quotes, performing should costs, running regression analysis and understanding results to drive action, and driving for market driven material related price adjustments.
- Provide industry/market analysis for the Metal Fabrication commodity and Enterprise Steel team.
- Lead and/or assist in supplier negotiations by using fact-based information based on analysis of quotes, use of cost models, material indices, currency, or other appropriate analysis.
Cost Management Specialist
John Deere C&F Division
06.2008 - 02.2011
- Lead cost reduction activities, analyzed quotes, and made supplier selection based on quality, cost, process capability, lead time, and supplier stability
- Lead the initiative to create standardized commodity contracts to be used by Strategic Sourcing across North America.
- Participated in resourcing activities and make versus buy decisions
- Averaged 100% of should costs to quoted parts – goal was 115%
- Developed the template, pre-work, and training for running successful PDP program cost lock-ins, this was implemented in all programs at Seeding.
- Led, implemented, and coordinated over $2.1M in cost reduction projects both for OFP and PDP related parts for the weldments, structural tubing, and fabricated assembly commodities.
- Led the negotiation of supplier agreements with specific suppliers resulting in cost models, implementation strategies and a documented agreement.
Supply Management SPO Specialist
John Deere C&F Division
02.2007 - 06.2008
- Lead the evolution of several distribution centers in Europe for sustainability.
Golf Retail Store
Self Employed
02.2004 - 12.2007
Controller/Operations Manager
Mid Continental Chemical
08.2001 - 02.2005
- Served on advisory committee of Chevron Oronite to assist in identifying and solving supply chain issues at the Metairie LA production plant.
- Implemented changes to the Accounting, Logistics and Warehouse Operations procedures to better facilitate daily operations.
- Designed and completed the installation of new Accounting software and server applications
- Lead the consolidation of old contract warehouses into one new production and one new distribution center. Created and implemented the new procedures and oversaw the day to day operations of these facilities.
Accounting Manager
Barton Solvents
08.2000 - 07.2001
Staff Accountant
Honkamp Krueger & Co.
11.1999 - 08.2000
Education
Masters - Organizational Leadership
St. Ambrose University
06.2019
Masters - Business Administration
St. Ambrose University
12.2015
Bachelor of Arts - Accounting
Loras College
12.1999
Skills
- Cost reduction initiatives
- Supplier relationship management
- Negotiation strategies
- Demand forecasting
- Supply chain optimization
- Cost reduction strategies
- Global sourcing
- Global sourcing strategies
- Category management
- Raw material purchasing
- Negotiation expertise
- Supply base development
- Strategic business relationships
- Supplier evaluation
- Data analytics
- Supplier performance
- Business acumen
- Problem-solving aptitude
- MS office
- Coaching and mentoring
- Organizational skills
- Track market changes
- Interpersonal skills
- Policy improvements
- Procurement proposals
- Business negotiation
- Negotiation
- Multitasking
- Problem-solving abilities
- Strategic planning
Timeline
Strategic Sourcing Manager
Toro Company Bloomington MN
03.2023 - Current
Commodity Manager
Toro Company Bloomington MN
03.2022 - 03.2023
General Manager
Metals USA Horicon WI
03.2020 - 01.2022
Supply Base Manager
John Deere Enterprise Supply Management
09.2015 - 01.2020
Cost Management Specialist
John Deere Enterprise Supply Management
02.2011 - 09.2015
Cost Management Specialist
John Deere C&F Division
06.2008 - 02.2011
Supply Management SPO Specialist
John Deere C&F Division
02.2007 - 06.2008
Golf Retail Store
Self Employed
02.2004 - 12.2007
Controller/Operations Manager
Mid Continental Chemical
08.2001 - 02.2005
Accounting Manager
Barton Solvents
08.2000 - 07.2001
Staff Accountant
Honkamp Krueger & Co.
11.1999 - 08.2000
Masters - Organizational Leadership
St. Ambrose University
Masters - Business Administration
St. Ambrose University
Bachelor of Arts - Accounting
Loras College
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