Marcus Olsen

Lead the Corporate Purchasing function for a Fortune 500 company with over $3 billion in annual spend utilizing Total Cost of Ownership and Servant Leadership philosophy. Develop policies and procedures to manage highly decentralized organization structure. Develop and implement organizational development planning for field and corporate purchasing personnel. Manage Strategic Sourcing and Compliance functions for domestic and global staff. Ensure relevant metrics are developed and implemented that help to drive change and promote world class purchasing results.

Responsible to develop state of the art sourcing strategies, manage stratetgic sourcing projects, negotiate with suppliers, ensure stakeholder collaboration and support, and deliver bottom line cost savings to clients.

Direct purchasing function globally with a spend of approximately $450 million annually Lead a team of 24 professionals directly plus an additional 13 shared service center resources Create policies and procedures that generate competitive advantage, ensure free and open markets, and assure supply for 10 manufacturing facilities both domestic and global Ensure team alignment with corporate goals in regards to leveraging vendor spend and relationships. Recent results include the development of a consignment program (creation of over $10 million in working capital), development of cost out programs (over $5 million of hard cost and $5 million of soft cost savings annually), and the improvement of all KPMs through a structured team reorganization.

Led and developed strategic sourcing efforts and team members responsible for $500 million in energy, capital, and facilities management categories. Negotiated contracts with vendors, then implement and measure compliance with the negotiated contracts. Led and developed commodity teams to include 3 directly reporting commodity managers and 8 extended team members from sourcing operations. Identified and implemented over $10 million in EBITDA impact savings annually.

Applied advanced planning and optimization tools to lead supply chain optimization and streamlining efforts for a range of companies, types and sizes. Presented the results of the streamlining studies to upper management with attention to the change management necessary to enact the suggested models. Trained and consulted clients on the theory and use of LogicTools' Decision Support Software. The software is a tool used to help companies optimize their supply chains through inventory management, facility location, plant location, and transportation utilization. Created supply chain KPIs for individual company optimization models. Managed the consulting office including designing and managing the consulting VPN. Developed and published the LogicTools newsletter: "LogicNotes".