Morcosresume 2012


Published on

Supply Chain Director/ Sr. Manager

  • Be the first to comment

  • Be the first to like this

No Downloads
Total views
On SlideShare
From Embeds
Number of Embeds
Embeds 0
No embeds

No notes for slide

Morcosresume 2012

  1. 1. GEORGE MORCOS <br />2864 Holly Hall Street Houston, Texas 77054<br />(713) 842-2674<br />Dear Sir/Madam,<br /> <br />As a brief introduction, I am enclosing my resume and a summary of achievements below for your review. I hope that we have an opportunity to speak in the near future should you find any of my qualifications of interest. I appreciate a moment of your time to learn more about your needs and how I can support your goals. <br />I am a Supply-Chain executive leveraging extensive expertise in global sourcing (strategically and tactically). I have delivered multi-million dollar savings through proven negotiating skills, lean process, and Six Sigma acumen.  <br />Career highlights:<br />Directed Global Supply and inventory planning processes<br />Led sourcing teams in reviewing sourcing plan development, ensuring spends leverage, adhering to category strategy and utilizing best in class supply chain practices. <br />Budget development, staff planning, management and evaluation of staff<br />Promoting compliance with all corporate procurement policies and procedures <br />Negotiation skills and ability to work well with suppliers & internal/ external customers<br />Managed annual spends exceeding $1B<br />Implemented and supported new ERP (Oracle) system<br />Implemented and supported new JD Edward system<br />Acquisition & Integration, Integrated supply chain module for three acquisitions<br />Standardized supply-chain processes and implemented improvement programs<br />Headed personnel training for GE’s first purchasing center in Spain<br />Excellent expertise in Supply Chain, Finance, and Operations (managed operations/increased company profits) <br />Financial management experience, managed three P&L cost centers, and improved net income<br />Strong leader, comfortable in leading cross function teams<br />Proven ability to lead new company start-up efforts, led new construction company start up in South East Asia<br />International experience working in North America, Europe, Middle East, and South East Asia<br />Multilingual in Arabic and Greek<br />International leadership includes heading a worldwide transition from an outdated legacy system to a customized, 11i ERP application<br />Well versed in various cultures producing results for companies in the 21st century’s global marketplace<br />Thank you for considering the enclosed résumé. I welcome a meeting and am available at your convenience.<br />  <br />Sincerely,<br />George Morcos<br />GEORGE MORCOS<br />2864 Holly Hall Street Houston, Texas 77054<br />(713) 842-2674<br />PROFILE<br />Global Supply Chain Executive with extensive international business experience and demonstrated track record in implementing cost-reduction strategies such as inventory consolidation, consignment inventory, vendor recovery, and outsourcing services resulting in significant profitability improvements. Although, I am focused on meeting objectives, I am personable, value relationships with management and peers to achieve results based on mutual trust and respect.<br /> Achievement Highlights<br />Received progressive promotions with additional responsibilities supporting multi-million dollar turbine installations and overhaul projects within the GE Energy Business <br />Led Strategic Sourcing and Procurement organization for 40 Domestic and International locations <br />Responsible for Global and Regional Suppliers selection working with engineering and quality at the early stage of the qualification process to ensure operation efficiencies<br />Set the strategy, evaluated suppliers’ capabilities, led negotiation and signed agreements <br />Supply Chain Management<br />Managed and measured suppliers’ overall performance<br />Identify, select, and pre-qualify the best suppliers for various industries (manufacturing, construction, and services)<br />Reduced number of suppliers through integration resulting in controlled business spending, reduced overhead cost, and increased cash flow<br />Led implementation of ERP (Oracle 11i) Supply Chain Module and JD Edwards Supply Chain Module - super-user<br />Outstanding Negotiation Skills<br />Led development and execution of negotiating strategies with suppliers, including specific target of pricing, service, and quality<br />Continuous improvement by identifying and implementing new opportunities for cost saving, cost avoidance, and performance management <br />Managed annual spend of $ 1.1B <br />Direct and indirect materials<br />Services for manufacturing<br />Services and Construction <br />Proven forecast accuracy track record - allowing more inventory turns, increased working capital, and cash to the business <br />Instrumental in establishing standardized supply chain processes and training – First GE European purchasing center in Spain<br />Established executive network - key venders, suppliers, and sub-contractors ensuring competitive edge<br />George Morcos – Page 2<br />CAREER OVERVIEW<br />Supply Chain Consultant: April 2009 to Current (Houston, TX)<br />Applying Supply Chain, financial, and operations experience to provide leadership in strategic and tactical sourcing processes, guiding clients in the areas of: <br />Procure-to-PayProcurement of capital equipment, materials, and services<br />Lean StrategyProductivity and cash flow improvements<br />Vendor management LTA, inventory reduction, and JIT stock management<br />Contract negotiationRisk management<br />Leader and mentor who can build, manage, and develop an outstanding performance oriented team<br />Optimizing supply base through strategic sourcing, control, management of all suppliers and spend across diverse categories<br />Promote agreements that reflect shared risk between the supplier and the business<br />Establish execution plans and facilitate the implementation of cost reduction recommendation to achieve/exceed targeted cost reduction goals and overall product improvement<br />Identify critical risks of potential reduction levers, document total cost of ownership, and its impact on the business<br />Engaged in consulting assignment for manufacturing companies and service industry<br />Senior Supply Chain Manager - GE Infrastructure Energy: 2000 to 2009 (Houston, TX)<br />Defined, measured, analyzed, improved, and controlled processes under Six Sigma standards<br />Directed Global supply and inventory planning processes<br />Market intelligence analysis to determine commodity cost trend, content of material/ labor in products to negotiate the lower total cost. <br />Drove sourcing strategies and executed initiatives in support of service centers and customer projects worldwide<br />Edited, updated procurement procedures to include the latest guidelines and improvements<br />Managed prime contracts & sub-contracts for facility expansion, installation, overhaul of Gas Turbine projects <br />Provided ongoing direction in standardizing processes, procedures, terms and conditions<br />Promoted procurement best practices by investigating alternatives and recommending change<br />Hired, directed, mentored, and motivated a group of 25 buyers to achieve higher level of performance<br />Lowered annual MRO expenses by 30M (15% of 200M) and continued to slash cost year-over-year (average 3%)<br />Set up consignments inventory programs with key suppliers and delivered $10M one time saving <br />Reduced the annual MRO POs # by 75%, resulted in $375k annual saving (5,000 PO x75% = 3,750x$100=375K) <br />Increased the annual e-auction volume to 90M, and delivered $ 3 – 4M annual saving<br />Delivered $60+aggregate saving over nine years, repeatedly lowering direct/indirect costs (10%+)<br />Conducted negotiations with suppliers, assessed their capabilities, risk involved and awarded contracts <br />Led supplier recovery initiatives to rapidly execute repayments and replacements of defective materials<br />Supported sales operation in preparing customer quotations, particularly in estimating material lowest total cost <br />George Morcos – Page 3<br />National Sourcing Manager - GE Power Systems: 1995 to 1999 (Burlington, ONT, Canada)<br />Concurrently responsible for Supply Chain and Finance Operations in Canada<br />Renegotiated current agreement, reduced the number of suppliers, and delivered substantial cost saving <br />Managed team of eight buyers across Canada, provided training and mentoring <br />Represented division as member of GE Canada Sourcing Council and represented Canada in several conferences<br />Finance Manager - GE Power Systems: 1988 to 1995 (Burlington, ONT, Canada)<br />Ensured adequate controllership over assets within three service centers, and implemented controls to ensure integrity of financial records<br />Responsible for forecasting and budgeting operational costs<br />Supervised staff of five, maintained general ledgers, and prepared operating reviews<br />Generated financial statements and supporting analyses on monthly, quarterly, and annual basis <br />Prepared year-end audit schedules and coordinated external auditors for each center<br />Trained and mentored management on accounting software and financial procedures for three service centers, and provided ongoing support for operations<br />Accountant - GE Shaefer Townsend: 1987 to 1988 (Hamilton, ONT, Canada)<br />Provided high level financial leadership for construction accounting<br />Managed activities of administrative and accounting staff for two offices of GE Canada subsidiary<br />Coordinated reporting on multi-million dollars construction projects, statistical performance and tax data<br />EDUCATION<br />AFMC: Advance Financial Management Program - GE Jack Welch Business Development Institute, NY<br />FABD: Financial Analysis for Business Decision Makers - GE Jack Welch Business Development Institute, NY<br />BACHELOR of SCIENCES DEGREE: Accounting and Finance - Cairo University, Cairo, Egypt<br />DIPLOMA: Management, Accounting, and Administration - Business Management Institute, Cairo, Egypt<br />SPECIAL SKILLS<br />Certified Six Sigma Green Belt<br />Solid computer experience<br />Extensive knowledgeable and experience (e-Purchasing cards, e-auctions, and web invoicing)<br />Fluent in English and Arabic; conversational in Greek language<br />Familiar with business protocols of Europe, Middle East, and Asia<br />