Lily Bai
Head of Procurement @Clearly Clean Products, LLC
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WORK HISTORY
Head of Procurement @Clearly Clean Products, LLC
US
Reported to the CEO as the key member of the Executive Team. Held direct accountability of 100% of the total company spend Lead procurement strategies for all company spend, aligned procurement goals with company growth objectives, analyzed spend categories, developed and implemented effective cost-saving strategies, spearheaded cost-saving projects, presented procurement initiatives and achievements to the Executive Team and Board Members during QBRs Developed and executed sourcing strategies for packaging materials, consolidated vendor base, leveraged spend, successfully identified spec re-engineering opportunities and optimized operational efficiencies, achieved savings of 35% Closely monitored PET and PCR domestic and overseas market, analyzed ICIS, developed APET and RPET sheet sourcing strategies, led contract negotiations, achieved savings of $0.15/lb explored overseas sourcing opportunities, re-evaluated material specs, implemented VMI, launched green initiatives Defined and executed centralized capital procurement policy and strategies, collaborated extensively with cross-functional teams on projects, led complex contract negotiations, attentively focused on TCO, achieved average savings of 10% on CAPEX Solicited bids for energy in PA deregulated market, resulted in a 30% cost savings Identified alternative suppliers for absorbent pads, achieved savings of 10% Developed and implemented category sourcing strategies for indirect commodities and shared services, achieved annual savings of 40% on different spend categories Fostered strong business alliances with key internal stakeholders, ensured buy-in for cost savings initiatives Established strategic alliances with key raw material suppliers, managed supply risks, ensured security of supply and regulatory compliance Spearhead supply agreement negotiations, focusing on high value and improved payment and delivery terms, while enhancing vendor-managed inventory practices.
EDUCATION
Northwest University of Xi'an
BA
Yonsei University
Master of Business Administration (MBA)
SKILLS
ABOUT LILY BAI
High-impact, operationally-focused global procurement executive with 20+ years of…
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