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Topic: Supplier
Metrics: The Evolution of Sourcing within IR - Security
& Safety Sector
Sourcing
globally can definitely challenge your professional ability
and especially the expectations you've come to expect from not
only your suppliers, but also your own organization. This presentation
will address some of these and share with you with some of the
experiences Security & Safety Sector (SSA) has had. You
will also be introduced to some of the strategies and tools
that have been developed to help define our performance metrics
and enable us to achieve the performance levels we need. These
include supplier assessments, legal issues and support, cultural
understanding, staffing, documentation needs, customs and logistics,
and many more. While IR-SSA is a worldwide manufacturer, this
information can be useful to anyone involved with domestic and
offshore procurement of services and technology, as well.
Strategic
Sourcing within Ingersoll-Rand has taken on a new focus the
past 5 years, and the Security & Safety Sector's (SSA) sourcing
organization has been a leader and pacesetter for the Corporation.
Within SSA the change began with the development of the Walk
Of Fire, which is a process that leads an organization from
a Rudimentary performance level all the way to Excellence and
World Class. It has moved SSA from a group of stand-alone companies
with their own individual processes, practices, and ideals,
which frequently clashed or wasted valuable financial and people
resources, to one which has potential to leverage throughout
the sector and with all the other business units of I-R, as
well. In particular, the Walk Of Fire focuses on four (4) primary
sourcing processes; (1) Spend Analysis, (2) Market Analysis,
(3) Strategy Development, and (4) Contracts, Policies, and Professional
Development. Within each of these comes the design and development
of the various tools and practices that each and every sourcing
professional, or Commodity Manager, has at their disposal as
they manage their particular supply base and spend responsibility.
The objective, as it always should be, is to identify and develop
a supply chain that supports the individual business needs,
offers growth potential to the best of the best, and enables
leverage opportunities across the entire Ingersoll-Rand organization
worldwide. SSA still has a long way to go, but wants to be the
company others use as a benchmark model.
Bio:
Steve Richardson is the Manager of Global and OEM Sourcing within
the Security & Safety Sector of Ingersoll-Rand, headquartered
in Carmel, Indiana. His primary focus today lies with identifying
and developing offshore suppliers and with the outsourcing and
re-sourcing from various I-R operations in the States and in
Mexico. The Security & Safety Sector of I-R is a $1.5 billion
operation with plants throughout the U.S., Europe, Asia, and
Australia/New Zealand. Products include steel doors, door exit
and closer devices, trim and hardware, locksets (Schlage), and
an increasing focus on electronic and bio-tech technologies
such as hand and fingerprint readers. He began his career with
IR in June of 1998 as the Sourcing Manager for Steelcraft, a
$100 million commercial steel door manufacturer located in Cincinnati,
OH. From there he moved back to Colorado Springs as the leader
for all OEM and offshore outsourcing for SSA. He began his career
in Purchasing & Sourcing directly from Idaho State University
in 1973 and has worked for companies such as Bucyrus-Erie Company
(Idaho), FMC Corporation (Idaho & California), Besteel Industries
(California), Emerson Electric - Western Forge (Colorado), and
Contours, Inc., (Ohio). Working with both small, as well as
Fortune 500 procurement organizations prepared him for his involvement
in streamlining the sourcing practices currently being refined
and used within Ingersoll-Rand.
Steve has a Lifetime C.P.M. certification and has been certified
C.P.M. since 1983. He joined NAPM as a charter member of the
Southern Idaho Chapter and served in most of the leadership
chairs, including President. When he moved to Southern California
he was a member of the Orange County Chapter, and was the first
President of the newly formed Inland Empire Chapter in 1987.
He has also served as Pro-D and Membership chair with Southern
Colorado, as well as Director. In addition, he has been a member
with the Akron, OH and Cincinnati, OH NAPM associations.
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Speaker:
Steve Richardson, C.P.M.
Topic:
Supplier Metrics: The Evolution of Sourcing within IR - Security
& Safety Sector
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