Roy Hoffman

About Roy Hoffman

Experienced executive management professional with an impressive history spanning over 34 years. Proven success in leading and driving strategic initiatives, optimizing operations, and delivering exceptional results. Skilled in building high-performing teams, cultivating strong client relationships, and implementing effective business strategies. Seeking executive management roles to leverage experience and contribute to the growth and success of an organization.

Experience

1. Director of Assets

   Newark Electronics

   Jan 2012 — Present · Chicago, IL, US

   Lead the Demand Planning, Purchasing and Inventory Management functions in North America. Accountable for:• Directing a team of 30 associates including managers, analysts, buyers and IT developers.• Managing $150M of inventory and $400M in annual spend across 400 suppliers and stocking products.• Supplier relationships and negotiations resulting in $9M annual COGS reductions and $2M in annual supplier rebates. • Working within a global matrix organization across 3 regions to develop and execute a global supply chain strategy delivering purchase cost reductions, improved customer experience and working capital improvement.• Collaborating with cross-functional teams (i.e. Sales, Marketing, Finance, Product Management, Supplier Management and Distribution Center) to ensure alignment of strategy and objectives.• Consistently achieving product availability, inventory turns and working capital objectives.• Developing best-in-class analytics and processes to improve performance.• Growing and maintaining a high-performance culture within function, resulting in consistent goal achievement, improved engagement and personal development. • Executing product life cycle management activities to reduce slow moving, obsolete inventories including $12M in annual supplier inventory returns,$1M in annual Broker and Donation sales and monthly sales and marketing promotions to stimulate demand.

Education

• Northern Illinois University

  Bachelor of Science, Business Management

  1986 — 1990