Jarrett Underdown

About Jarrett Underdown

As a dynamic and growth-focused Executive, I have extensive experience in driving significant organizational growth and operational efficiency within the manufacturing and supply chain services sector. Through leading high-impact strategies across procurement, strategic sourcing, and supply chain optimization, I have achieved multimillion-dollar cost savings and optimized operational workflows.Being a forward-thinking Leader, I have spearheaded major acquisition integrations and fostered strong supplier relationships to ensure seamless supply chain continuity and competitive advantage. I am known for building and mentoring cross-functional teams to peak performance, aligning with corporate objectives.As a compassionate and motivational professional, I prioritize the development and mentorship of my teams to achieve peak performance. I strive to provide value as a company resource and have consistently achieved recognition, awards, and promotional opportunities through my commitment to leveraging expertise in ERP/MRP systems and process optimization, delivering tangible results in high-growth environments.

Experience

1. Vice President of Procurement

   Artisanal Brewing Ventures

   Jan 2019 — Present · Charlotte, NC, US

   Elevated from Director to Vice President, reports directly to the Chief Operating Officer, providing critical updates and strategic insights to the C-Suite and Executive Board on procurement initiatives and performance. Initiate the integration of procurement operations across five acquired companies into a single, centralized organization, establishing an efficient shared services team. Leads the development and implementation of a unified procurement strategy to streamline supplier management.Highlights of accomplishments in this role include:• Promoted company revenue growth by 54% from 2019 to the present, through strategic leadership in procurement and acquisitions.• Streamlined Artisanal Brewing Ventures\' contracts into a single $40-45M portfolio, achieving a 300% efficiency increase from previously separate $10-12M spends.• Developed and executed a strategic sourcing and cost savings program that realized $2M in savings in its first year and $3M in the second year, setting a benchmark for procurement efficiency.• Recruited and developed a dynamic centralized procurement department, achieving a comprehensive portfolio management of items across 127 suppliers, instrumental in supporting company revenue.

Education

• University of Pittsburgh

  Bachelor's degree, Finance

• UNC Kenan-Flagler Business School

  Executive MBA Candidate

Skills

• Procurement
• Inventory Management
• Management
• Strategic Planning
• Supply Chain
• Sap
• Lean Manufacturing
• Six Sigma
• Demand Planning
• Productivity
• Portfolio Management
• Contract Negotiation
• Finance
• Forecasting
• Continuous Improvement
• Cross-Functional Team Leadership
• Supply Chain Management
• Strategic Sourcing
• Spend Analysis
• Manufacturing
• Consumer Products
• Product Development