Laura V

- Lead strategic sourcing, supply chain, and inventory management for a multi-site electronics manufacturer, PCBAs, contract manufacturers, and global suppliers. - Partner with executive leadership (CEO, CFO, and CMO) to develop sourcing strategies, mitigate supply chain risks, and support business growth. - Manage and develop a procurement team across three states, driving operational excellence and achieving financial and service-level objectives. - Negotiate domestic and international supplier agreements, delivering cost savings, supply continuity, and improved commercial terms. - Reduced End-of-Life component exposure by 85% through proactive lifecycle management, risk mitigation, and supplier engagement. - Led ERP process improvements, system migrations, and acquisition integrations while maintaining uninterrupted supply chain operations. - Implement continuous improvement initiatives focused on inventory optimization, working capital reduction, procurement governance, and supplier performance.

Evaluated and negotiated contracts with domestic and international suppliers, analyzing market conditions. Reported directly to the CEO, CMO, and CFO on critical business components. Managed a team of six buyers across three states, achieving monthly business targets. Conducted monthly BOM analysis to prevent shortages and secure the best prices, reducing End-of-Life components by 85%. Developed SOPs and WOs based on ERP systems, ensuring seamless procurement processes and successful audits. Experienced in system migration and mergers, minimizing supply chain impact. Over 15 years of experience negotiating prices for components and services. 25 years of experience developing inventory controls to identify demand and reduce costs.

- Research, identify & qualify suppliers, technologies, materials and processes (potential and/or new)Resulting in 22 new designs at a saving of over $10M. - Establish budgetary cost for assigned commodities within the R&D phase. - Develop, implement & manage global sourcing strategies for assigned commodities. - Select and qualify suppliers to support sourcing strategy - Negotiate and execute supplier contracts, including NDA's - Maintain relationships with suppliers to support commodity strategies - Complete and present supplier scorecards/business reviews, Complete new supplier documentation and system set up.

Researched and qualified suppliers, technologies, and materials, resulting in 22 new designs and over $10M in savings. Established budgetary costs for commodities during the R&D phase. Implemented a Safety Stock system, reducing inventory value by $2M in one year. Negotiated contracts for printer and scanner devices, achieving a $300,000 annual cost reduction.

-Assess costs and negotiate vendor and supply prices. -Analyze business supply needs and ensure businesses are getting the best possible material. -Manage inventory and order supplies and materials as needed. -Resolve pricing conflicts and place bids with different vendors as required.

• Monthly Cost Reduction, Long term Agreement contacts, Budget Planning, VAVE and invoice query resolution. • RFQ of complex and unusual chemical and components for R&D projects. • Procures Maintenance, Repair and Operations (MRO) supplies and consumables. • In a period of 3-6 months lower the Non-Conformance Material by 75% and the invoices discrepancies by 80%. All in collaboration with AP, QA Engineers and team work.

• Serve as central point of contact for commercial and strategic issues with customer. • Solve problems pertaining to my accounts and negotiate the terms and conditions of accounts. • Quoting harnesses and components with good sales margins. • Bring in new accounts for a company, as well as maintaining positive relationships with existing clients. • Involved in the monetary workings of accounts and make funding, budgeting, and spending decisions. • Allocate resources and track their performance to achieve plan

Saved $1M annually by standardizing supplier prices in Mexico. Resolved invoice queries to ensure efficient payments and prevent supply issues. Managed cost reduction, budget planning, and pricing discrepancies. Coordinated with Toyota and Mazda on design changes. Improved procedures for annual budget savings. Achieved 5% annual cost savings with key suppliers.

• Saved the company around 1M a year by standardizing prices two different suppliers in Mexico in 2016. • Invoice Query Resolution - ensure timely action to ensure payments are efficient and Suppliers do not hold accounts, cease supply. • Monthly Cost Reduction, Long term Agreement contacts, Budget Planning, VAVE, Pricing Discrepancies, DNB and BBK reports. • Toyota and Mazda Coordinator: monthly meetings with Engineers and Buyer to talk about design changes for future business. • Improved department procedures which resulted in annual budget savings. • Utilized expertise and established supplier relationships to average a 5% annual cost savings with key suppliers. Both year I have achieved and exceed Cost Reduction goals.

• Weekly analysis of production changes to identify possible raw material shortages and inform in advance of the result to the manufacturing plant to make a decision and avoid customer shipment delays. • Weekly reports of build out and ramp up for Honda, Toyota, GM, Nissan, Mazda, Subaru, Kawasaki, Mitsubishi and FIAT new models to identify the exclusive p/ns of each vehicle and control the obsolete cost and make sure all new material is purchase in time to cover pre-production trial and have a good SOP. • Direct contact with Design Engineers and Project Manager to see upcoming Design Changes, Full model changes and Minor changes. Result: I was able to have all exclusive components ready 6 months in advance and safe around 20% on airfreight rush shipments. • Debug every three months the prototype inventory. • Coordinate the expedition of Service Parts for Japanese OEMs.

 Negotiation of prototype prices with current and new supplier through the sourcing and analysis of the supplier market..  Ensure the quality of purchased components in collaboration with the Purchasing Quality team and delivery of it 3 weeks prior to production.  Maintain a good mutual communication between Project Managers, Product Engineers and all related areas to ensure that any engineering change do not affect our commitments with our customers.  Customer contact responsible of keeping inform our different clients of construction dates, results of builds and delivery dates as well as receive information about new orders, design modifications..  Managed receiving, storage and shipping of components.  Present monthly evaluation of prototypes builds (scraps %, tooling cost, and dimensional lab time).