Mauricio Castillo
Global Commodity Management, Titanium Raw Materials @Arconic
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WORK HISTORY
Global Commodity Management, Titanium Raw Materials @Arconic
Pittsburgh, PA, US
Manage global spend of $170M across three categories (Titanium Sponge, Alloys & Revert) in support of aero grade raw materials production including ingot, plate, bar, billet and bloom.* Lead development, communication and deployment of procurement strategies for Titanium supply chain activities across all Arconic business units globally.* Managed key supplier relationships domestic and international to ensure desired cost, delivery, and quality levels were realized, and where necessary executed corrective actions to mitigate non-conformance.* Lead negotiation and implementation of consignment agreements for critical raw materials resulting in significant working capital benefits.* Lead Titanium Sponge contract negotiations valued at $420M life of contract achieving cost reductions, increased order flexibility, working capital reductions and mitigation of price adjustment provisions.* Negotiation of directed buy agreements between producers and toll houses eliminating pricing volatility for indexed based materials* Analyzed revert streams identifying internal scrap utilization opportunities driving inventory reductions.* Work with business planning and operations teams to establish SIOP process to ensure alignment of production scheduling and demand forecasting.
EDUCATION
Nova Southeastern University
Master of Business Administration (MBA), Finance, General
University of Central Florida
Bachelor's degree, International Economics
SKILLS
ABOUT MAURICIO CASTILLO
High-impact Procurement and Sourcing leader with more than sixteen years’ experience in commodity management, supplier performance, program management and strategic sourcing. Leader of large global teams with proven track record of delivering results. Extensive experience in contract negotiations, supplier development, materials management and alternative source development.
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