Luis Humberto Ocañas Morales

- Designed and executed procurement strategies to optimize purchasing processes and enhance operational efficiency. - Evaluated and selected suppliers based on quality, cost, and delivery performance criteria. - Managed a spend portfolio of $821 million USD, achieving 5% cost savings through strategic negotiations and supplier development. - Oversaw the department’s cost and expense budget, ensuring alignment with corporate financial goals. - Led the development and implementation of procurement policies and procedures, improving compliance and standardization. - Directed CAPEX project sourcing, ensuring timely and cost-effective acquisition of capital goods. - Created and executed training and development plans for procurement management personnel. Implemented corrective actions for material claims, reducing supply chain disruptions and improving supplier accountability.

- Teach classes within the Department of Business Management and Leadership.

- Design and execute procurement strategies that optimize purchasing processes and improve efficiency. - Evaluate and select suppliers based on quality, cost and delivery capability criteria. - Conduct negotiations with suppliers that result in 10% savings and improved payment terms. - Manage an $87 million expense portfolio, ensuring effective control and optimization of resources. - Conduct market research to identify trends and opportunities that impact purchasing strategy.

- Led the identification and establishment of relationships with suppliers, negotiating contracts, and ensuring that the procurement of iron ore met quality and price requirements. - Conducted a thorough analysis of the iron ore market, including supply and demand dynamics, price trends, and competitor activities, to inform strategic decisions. - Directed internal teams (such as logistics, finance, and sales) and collaborated with external partners to align on strategies and ensure smooth operations. - Developed and implemented long-term strategies for the sourcing and utilization of iron ore, enhancing competitiveness in the market. - Evaluated market risks and formulated strategies to mitigate them, addressing issues such as price volatility and supply disruptions. - Manage inventory levels to ensure optimal supply chain operations.

- Supervise and control inputs and outputs of raw materials and final products. - Production Supervision Support: Provide support in the supervision of all phases of production to ensure proper financial and administrative control. - Maintain databases for tracking commodity prices, inventory levels and supplier information.