Matthew Stanfield
Senior Director at Alvarez & Marsal Consumer and Retail Group- Claim this Profile
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Experience
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Alvarez & Marsal Consumer and Retail Group
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United States
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Business Consulting and Services
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1 - 100 Employee
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Senior Director
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Nov 2020 - Present
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Alvarez & Marsal
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United States
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Business Consulting and Services
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700 & Above Employee
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Senior Director
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Mar 2014 - Present
Deliver performance improvement results for Fortune 1000 companies with emphasis on:> Strategic sourcing activities that generate Enterprise wide cost reductions> Commodity strategy development and deployment involving all affected functions> Supply chain risk management (supplier & raw material cost)> Best Cost Country sourcing > Strategic sourcing organization changes> Value stream mapping> Operational improvements> Working capital improvements
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Senior Director of Commodities & Global Director of Chemicals
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Jul 2010 - Mar 2014
> Led the NAFTA sourcing team with $2B in spend & the global team for $1B in Global Chemical spend (olefins, styrenics, urethanes, coatings, and glass)> Accountable for the development and execution of NAFTA and Global direct material strategies and negotiations> Raw material hedges / risk management tools to generate an enterprise acceptable risk profile> Develop and execute direct material budgets with planned cost reductions> Best cost-country sourcing vs. low-cost country > Raw material hedging & risk management tools to minimize volatility due to commodity price spikes
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Director of Commodities - NAFTA
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Aug 2007 - Jul 2010
> Led the sourcing organization for $2B in mechanical commodities, chemical commodities, and electrical commodities for use in appliance production> Organized & executed raw material and component negotiations inside NAFTA, Europe, and Asia> Accelerated low-cost country sourcing> Decreased NOWC by increasing days payable outstanding
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Commodity Manager - Chemicals
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Feb 2005 - Aug 2007
> Indirectly led purchasing agents across 8 manufacturing locations> Designed & executed annual negotiations for styrenics, olefins, and urethanes> Developed commodity strategies and executed with cross-functional teams> Implemented consignment programs to decrease NOWC> Responsible for annual productivity plans on $500M in annual spend> Developed disaster recovery plans to minimize impact from Hurricanes affecting petrochemical production in the US Gulf Coast
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Purchasing Agent
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2002 - 2005
Chemical & Electromechanical Direct Material Purchases
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Process Improvement Engineer
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2000 - 2002
Lean Manufacturing, ISO Process, and Work Flow
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Education
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Clemson University