Amanda Wang
VP Enterprise Procurement at State Compensation Insurance Fund- Claim this Profile
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Topline Score
Bio
Experience
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State Compensation Insurance Fund
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United States
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Insurance
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700 & Above Employee
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VP Enterprise Procurement
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Jul 2014 - Present
Accomplishments: Established a centralized Third Party Risk Management Program Implemented a risk based contracting process aimed at balancing speed with enterprise risk appetite Developed and launched the State Fund Supplier Diversity Initiative Initiated the creation of the Contingent Workforce Management unit Provide strategic leadership to deliver superior Enterprise Procurement results by leveraging State Fund’s buying power, establishing strategic supplier… Show more Accomplishments: Established a centralized Third Party Risk Management Program Implemented a risk based contracting process aimed at balancing speed with enterprise risk appetite Developed and launched the State Fund Supplier Diversity Initiative Initiated the creation of the Contingent Workforce Management unit Provide strategic leadership to deliver superior Enterprise Procurement results by leveraging State Fund’s buying power, establishing strategic supplier relationships, and reducing overall procurement costs through aggressive negotiations. These results positively influence bottom line results and have a direct impact on creating competitive advantage for State Fund. Overall responsibilities include managing an annual Enterprise Spend in excess of $350 million and a Claims Spend in the hundreds of millions of dollars. In collaboration with Executive Committee, business unit leaders, and key stakeholders, develop and implement sourcing strategies to drive cost savings, efficiency, and support enterprise goals. Support Executive Committee in managing the relationship with strategic suppliers. Lead contract negotiations, contract development activities, and the selection of key suppliers. Escalation point for contract disputes with strategic suppliers. Lead strategy and support activities including spend analytics, development of annual strategic sourcing plan, and performance measurements. Maintain contact with business unit leaders to ascertain performance of Enterprise Procurement organization and makes adjustments as necessary to improve such performance. Prepare and manage an annual operating budget to achieve enterprise and program objectives.
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Professional & Corporate Services, Category Manager
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Jul 2012 - Jul 2014
Interim VP Enterprise Procurement Oct. 2013- Jun. 2014 Manage all strategic sourcing activities associated with Corporate and Professional Services spend at State Fund with an emphasis on developing a portfolio of Claims contract service providers In collaboration with business unit leaders and key stakeholders, develop and execute category strategies to drive cost savings, efficiency, and support enterprise goals. Effectively influence stakeholders and others to facilitate and promote… Show more Interim VP Enterprise Procurement Oct. 2013- Jun. 2014 Manage all strategic sourcing activities associated with Corporate and Professional Services spend at State Fund with an emphasis on developing a portfolio of Claims contract service providers In collaboration with business unit leaders and key stakeholders, develop and execute category strategies to drive cost savings, efficiency, and support enterprise goals. Effectively influence stakeholders and others to facilitate and promote Enterprise Procurement processes and policies. Mentor and coach subordinate staff to effectively execute strategic sourcing strategies and achieve performance goals. Defined the annual category strategy, was involved in complex negotiations requiring greater commodity and procurement expertise including developing and managing critical solutions to strategic enterprise/supplier relationships.
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Sourcing Program Lead
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Jul 2007 - Jul 2012
Source, negotiate, execute, and manage contracts for the purchase or lease of capital equipment, products and services with a focus on facilities, construction and executive consulting services Build and lead inter-departmental sourcing teams Build collaborative working relationships with internal and external stakeholders Collaborate across teams to share information and coordinate on new ideas at the weekly editorial board meetings Acted as a process expert for the department;… Show more Source, negotiate, execute, and manage contracts for the purchase or lease of capital equipment, products and services with a focus on facilities, construction and executive consulting services Build and lead inter-departmental sourcing teams Build collaborative working relationships with internal and external stakeholders Collaborate across teams to share information and coordinate on new ideas at the weekly editorial board meetings Acted as a process expert for the department; Ariba administrator and Super User
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Worker's Compensation Claims Adjuster
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Feb 2005 - Jun 2007
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Customer Service Representative
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Sep 2004 - Feb 2005
Provided a high level of customer service; Resolved customer service issues in an appropriate and timely manner; Processed customer orders accurately; Communicated with the shipping department any potential problems or changes and monitor customer orders. Provided a high level of customer service; Resolved customer service issues in an appropriate and timely manner; Processed customer orders accurately; Communicated with the shipping department any potential problems or changes and monitor customer orders.
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NUMMI
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Automotive
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200 - 300 Employee
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Product Planning/Sales Liaison Co-op
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Jul 2003 - Aug 2004
Assisted in database management of two service parts databases; Interacted daily with suppliers; dealt with quality issues of service parts; Created and updated training manuals for programs/processes; Extracted, interpreted and organized service parts data in preparation for data entry. Assisted in database management of two service parts databases; Interacted daily with suppliers; dealt with quality issues of service parts; Created and updated training manuals for programs/processes; Extracted, interpreted and organized service parts data in preparation for data entry.
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Education
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University of Phoenix
MBA, Business Administration -
California State University - East Bay
Bachelors, Business Administration