Theresa Proffitt

• Identify and recommend suppliers for components utilized in IPG and catheter-based medical devices. Major areas of focus are extrusions, wire, and metal machined parts. • Manage the Request for Quote process for New Product Development (NPD) programs, including recommendations based upon supplier capabilities, cost, lead times and project deliverables. • Develop a strategic sourcing process that supports the cost, lead time and quality requirements of the organization. • Collaborate with Project Management, Quality and Engineering teams to improve the interactions with the Purchasing and Warehouse teams. • Ensure supply constraints, tariff impacts and price changes are reported up through the organization.

• Enhanced client's NDA and Distribution contract templates to minimize risk and improve effectiveness. • Implemented a system to track contract expirations, ensuring timely renewals. • Developed standardized work instructions to optimize supply chain team performance. • Mentored 4 supply chain planners and 1 buyer that improved their knowledge of both purchasing and planning best practices.

• Established and implemented the inventory management process for the unique components used on a NPI program. • Negotiated Non-Disclosure Agreements and Design and Development agreements with suppliers for R&D development. • Facilitated conversations between R&D and Suppliers. Responsible for all supplier relationships for the project. • Directed the work and mentored the buyer supporting the project to ensure component orders were timely, at the correct quantities, and with appropriate approvals. • Collaborated with R&D, Operations, Marketing, Clinical and Quality on project objectives and challenges to ensure alignment among all functional areas. • Created and managed project status presentation updates and presented to supply chain leadership team on a quarterly basis. • Facilitated resolution with external suppliers on component quality issues and inventory shortages. Several components were sole sourced which require daily/weekly review with both internal stakeholders and suppliers to ensure sufficient availability. • Executed the quarterly project forecasting cycle. This included leading the cross-functional review meetings, summarizing updates to the Project Manager and submitting the forecast to Finance in Dodeca.

• Directed work for 4 category managers responsible for injection molding, silicone molding, metal machining, plastic machining, extrusions, PCBA’s, sensors, batteries, and tissue patches. Total spend responsibility of $400 million across 100+ suppliers. This team achieved savings of $10-$15 million annually and managed other initiatives that improved on-time supplier delivery performance. • Collaborated with cross-functional leadership and Global Category Management to improve the supplier business review process and to stay aligned with global preferred supplier strategies. • Negotiated supply agreements and Non-Disclosure Agreements with strategic suppliers that achieved cost reductions of 2.50% year-over-year and drove improvements in quality and service. • Collaborated with Quality and suppliers to improve quality performance, driving increased efficiencies in the inspection process and reduced the risk of inventory availability. • Communicated cost savings and department initiative status updates to senior leadership on a quarterly basis. • Utilized Power BI reports and SAP transactional data to develop annual goals and objectives to improve supply chain performance.

• Directed work for 3 buyers and 2 planners for the Structural Heart (SH) division, with responsibility for $80 million in annual purchases. • Conducted regular reviews of existing supply chain procedures to identify opportunities for streamlining operations. • Established raw material inventory goals and risk management objectives for inventory coverage that helped reduce working capital by $7 million without increasing inventory shortage risk. • Monitored supplier performance metrics such as quality, cost, lead time, and delivery accuracy. • Identified potential suppliers for injection molding, fabric, animal tissue, suture, extrusions, and machined metals, reviewed with the Commodity managers to ensure alignment with long term sourcing strategies, and negotiated contracts that met the company's needs in terms of pricing, quality, and service level. • Negotiated supply agreements for non-managed commodities (suture, fabric and tissue) that resulted in $2 million cost savings. • Developed and maintained relationships with the preferred suppliers to ensure timely delivery and competitive pricing on raw materials. • Mentored buyers and provided guidance on resolving disputes with suppliers regarding defective components, late deliveries, or pricing issues.

Worked in FS accounting and corporate purchasing