Colin Dray, MBA
Director Of Procurement @ MÜNZING
About
Transparent. Strategic. Solutions-focused. These are just a few of the qualities that Colin Dray is known for. With more than a decade of procurement achievements, he has delivered exceptional results while navigating COVID challenges and other complex business initiatives. Managing up to $120M in spend, 6 direct reports, and 350 vendors, he acts as the go-to supply chain resource. Currently, Colin is the Director of Procurement at Munzing North America LP (incl. Magrabar). Here he orchestrates procurement for North America, covering all aspects of materials (food and industrial), CAPEX, logistics, warehousing, etc. Among his most prominent achievements was his oversight of a complete supply chain integration due to Hexion’s ATG acquisition. He forged lasting vendor relationships, handled tough negotiations, and arranged sourcing to deliver a 6% reduction in raw material cost while simultaneously bringing down risk by approving second sources for 80% of single-source materials. He also governed domestication and transfers of technology efforts from a supply chain perspective, attaining a profitability boost of 20%+. Earlier in his career, Colin excelled in Strategic Sourcing Manager, Plant Manager, and Strategic Buyer roles. At the Sika Corporation, he managed $32M of Plasticizer spend and outpaced profitability targets by delivering $3.6M in savings. This was one of many cost reduction attainments he secured, and he was subsequently selected to support executive-level planning and visioning. Among his peers, Colin has earned a reputation for his measured leadership, ability to utilize analytics and technologies, and focus on clear, reliable goals. Supporting these achievements are his exemplary educational qualifications. These include an MBA in Global Supply Chain Management from Clarkson University. His professional development includes being chosen for the highly selective Sika Emerging Leadership Program (1 out of 25 staff). Key areas of specialization: Supply Chain Management Procurement System/Facility Integrations Global Strategic Planning Budget Management – $120M Team Leadership – 6 Direct Risk Mitigation Data Analysis Continuous Improvement Vendor Management-350 Communication/Reporting Warehousing Inventory Management Petrochemicals Food Ingredients In his free time, he enjoys sports, weightlifting and spending time with his family. He is also an active member of the community, contributing to local community projects such as Project Playground 2.0. You can reach Colin at draycc@gmail.com
United States
Flanders
Chemicals
Category Management, Strategic Sourcing, Logistics, Procurement, Supply Chain Management, Procurement Management, Global Sourcing, Strategy, Continuous Improvement, Contract Management, Manufacturing, Business Process Improvement, Technology Integration, Business Development, Inventory Management, Freight, Regulatory Compliance, Data Analysis, Project Management, SAP
Experience

Director Of Procurement
Bloomfield, New Jersey
► Overhauled S&OP during migration to SAP resulting in a planning horizon of 1300%+ while also cutting costs $100K and increasing on-time delivery to 98% within a short timeframe. ► Supervised SAP rollout as a trusted expert, establishing training documents and training users on the solutions integrated into a single global client while meeting strict deadlines. ► Achieved 11.9% in cost reduction across key materials, constantly enhancing utilization of $6M in CAPEX spend (warehouse buildout, laboratory, and other major projects. Negotiated 10%+ in reductions and forged lasting relationships that were essential in future initiatives.
Strategic Sourcing Manager
Lyndhurst, NJ
► Extended payment terms and enhanced net working capital while negotiating faster terms, delivering a pacesetting $1.4M savings annually without compromising long-term business goals. ► Negotiated $16M of PVC spend to produce $2M in savings despite significant operational challenges. ► Improved methods to oversee silicones plant resulting in 2.5% annual raw materials reduction. Ranked amongst the top of all managers in performance reviews companywide.
Colin Dray, MBA's Contact Information
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