Nick Palassis
Procurement Direct Spend Manager at Styrolution- Claim this Profile
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Bio
Experience
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INEOS Styrolution America LLC
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United States
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Chemical Manufacturing
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300 - 400 Employee
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Procurement Direct Spend Manager
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May 2015 - Present
Responsible for the Procurement of Monomers (Acrylonitrile, Butadiene and Styrene) PBR and SBR synthetic rubbers and Raw Materials for 7 Styrolution sites in North America, Canada and Mexico. Responsible for the Procurement of Monomers (Acrylonitrile, Butadiene and Styrene) PBR and SBR synthetic rubbers and Raw Materials for 7 Styrolution sites in North America, Canada and Mexico.
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INEOS
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Switzerland
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Chemical Manufacturing
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700 & Above Employee
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Procurement Manager
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Sep 2007 - Apr 2015
Responsible for managing contracts and the negotiation of high dollar product and service agreements, as well as leading competitive bids (RFPs/RFIs and reverse auctions). Procurement of monomers, additives, packaging supplies, MRO , capital equipment and site services. Team member of Corporate Strategic sourcing teams for Raw Materials, MRO, and Packaging Materials and services with the goal of reducing cost. Monitor, maintain and exercise optimum inventory standardization. Identify, implement, and report on cost savings and cost avoidance opportunities. Maintain vendor contact in order to secure quality items at a competitive cost and on a timely basis. Secure new suppliers through structured bidding process, bid analysis. Responsible for implementing the SAP procurement module for site. Responsible for Contract negotiations with emphasis in cost reduction. Show less
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Procurement Manager
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2007 - 2015
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LANXESS
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Germany
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Chemical Manufacturing
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700 & Above Employee
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Procurement Specialist
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Oct 2003 - Sep 2007
Reduced cost by one million dollars as a member of the Strategic Sourcing Teams on raw material, Waste Management, and site services for the site. Reduced operating cost by over 2 million dollars over one and a half years via direct negotiations with suppliers, spec consolidation, packaging redesign and waste reduction. Reduced cost by one million dollars as a member of the Strategic Sourcing Teams on raw material, Waste Management, and site services for the site. Reduced operating cost by over 2 million dollars over one and a half years via direct negotiations with suppliers, spec consolidation, packaging redesign and waste reduction.
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Covestro
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Germany
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Chemical Manufacturing
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700 & Above Employee
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Senior buyer
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1999 - 2003
• Implemented corporate initiated purchasing programs to meet corporate objectives. Recognized for top performance and earned Outstanding Performance Award. • Introduced reverse auctions, and e-Procurement to the site and was responsible for saving over 500K dollars via online bidding. • Implemented corporate initiated purchasing programs to meet corporate objectives. Recognized for top performance and earned Outstanding Performance Award. • Introduced reverse auctions, and e-Procurement to the site and was responsible for saving over 500K dollars via online bidding.
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Bayer
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Chemical Manufacturing
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700 & Above Employee
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Senior Controls Engineer
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1993 - 1999
• Prepared Front End Packages for a variety of capital projects for site. This included design, procurement, installation, startup of multiple extruder compounding lines, conveying lines, including installation of PLC and Fisher Provox DCS process systems. • Prepared Front End Packages for a variety of capital projects for site. This included design, procurement, installation, startup of multiple extruder compounding lines, conveying lines, including installation of PLC and Fisher Provox DCS process systems.
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R.A. Jones
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Cincinnati, Ohio
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Sr. Systems Engineer
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Apr 1993 - Sep 1996
Designed the interface and control architecture for 100 million dollar project that comprised of new building and multiple food packaging lines. Developed the plan layout, selection of equipment for a robotic assembly line for a leader in the cellular communications equipment manufacturer. Designed the interface and control architecture for 100 million dollar project that comprised of new building and multiple food packaging lines. Developed the plan layout, selection of equipment for a robotic assembly line for a leader in the cellular communications equipment manufacturer.
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Drackett Corp. (now S.C. Johnson Wax)
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Cincinnati, Ohio
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Sr. Electrical Engineer
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Mar 1988 - Mar 1993
Design of high speed process and packaging equipment applying Allen-Bradley PLC's and Operator Interfaces and electronic line synchronization Design of high speed process and packaging equipment applying Allen-Bradley PLC's and Operator Interfaces and electronic line synchronization
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Kroger
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United States
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Retail
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700 & Above Employee
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Sr. Electrical Engineer
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May 1980 - Mar 1988
Completed a 29 million dollar state of the art Food manufacturing plant on schedule and within budget from design to startup. Directed and completed a six million plant renovation which included the redesign, automation of modern process and high speed packaging equipment. Completed a 29 million dollar state of the art Food manufacturing plant on schedule and within budget from design to startup. Directed and completed a six million plant renovation which included the redesign, automation of modern process and high speed packaging equipment.
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Education
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University of Illinois at Chicago
Bachelor's degree, Electrical Engineeting -
University of Phoenix
Course Work, Logistics, Materials, and Supply Chain Management