Daniel F. Summe

Vice President, Sourcing & Vendor Management Director @First Financial Bank

Direct Vendor Management & Sourcing for this $17 billion bank reporting to the CFO Establish initial Sourcing procedures along with extensively revising existing Vendor Management policies, procedures and training program. Negotiate nearly $50 million in contract savings since start. Author a compliance required contract addendum for all critical, high and moderate high risk vendors of the Bank while successfully negotiating the terms thereof. Represent Vendor Management in all related meetings with the OCC (Office of the Comptroller of the Currency) and the Federal Reserve. Custom Design and implement a new vendor management system in RSA Archer. Establish a positive Sourcing work environment with business owners that led to a better monitoring of business relationships. Successfully integrate multiple acquisitions into the Vendor/Contract Management system.