Keith Fatzinger
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Head of Strategic Sourcing, Procurement Operations and Accounts Payable
St. Louis, Missouri, United States
Résumé
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Head of Strategic Sourcing, Procurement Operations and Accounts PayableDelineaMay 2022 - Current (4 years 5 months)Lead all Procurement and spend management activities, including strategic sourcing, contract negotiations, supplier management, and end-to-end Procure-to-Pay operations, within a PE-backed SaaS organization.
Built and scaled the Procurement function at Delinea from inception, including the design and global rollout of core governance frameworks such as the Global Procurement Policy, No PO/No Pay policy, and Travel & Expense policies—establishing financial discipline, spend visibility, and compliance where none previously existed.
Oversee the Accounts Payable function, managing the processing and payment of 12,000+ invoices annually representing more than $100M in spend, supported by an offshore team handling transactio- Global VP Corporate Indirect Procurement / Asset Services and Multi FamilyCushman WakefieldJan 2015 - Mar 2022 (7 years 3 months)Led the global corporate indirect strategic sourcing function for a PE-backed commercial real estate firm, with direct oversight of the Americas and center-led design and support for EMEA and APAC teams. Managed total global spend of $500M and influenced $2B in Asset Services (Property Management) spend.
Negotiated national supplier agreements to deliver best-in-class pricing and services, generating incremental EBIT of $4M annually. Consistently drove $7M in annual bottom-line savings and $20M in cost avoidance/value-add initiatives.
Implemented and operationalized global travel and corporate card programs across the US, UK, Canada, Australia, New Zealand, Singapore, and South America, standardizing reporting metrics, - Vice President of ProcurementDTZ formerly Cassidy TurleyJul 2012 - Jan 2015 (2 years 7 months)Charged with developing and implementing the long term strategic direction of the procurement and supply chain organization at Cassidy Turley.
Oversaw procurement sourcing activities for a $30MM corporate operating expense budget as well as over $1 billion in client directed spend through the Building Management Services division.
Delivered $3.8M in cost savings and $300K in rebate/signing bonus dollars to the bottom line. Average cost savings of 17% realized through leveraged sourcing activities.
Drove process and procedures changes through the management of an integrated travel and expense platform and the creation and rollout of a wireless device policy and centralized administration.
Worked c - Manager - Secondary Packaging MaterialsAnheuserBusch InBevJun 2011 - Jul 2012 (1 year 2 months)Managed the supply chain of a $300MM secondary packaging area. Responsibilities included:
- Budget forecasting and variance review
- Folding carton inventory and supply chain management to support production at 12 U.S. breweries
- Inventory management
- Planning and execution of new packaging/graphics to support branding changes and introductions of new brands
- Partnered with Commercial Innovation Team to plan and execute all beer brand graphics changes, mitigating risk of potential obsolete inventory
- Drove cost savings through implementation of Value Engineering (VE) projects - Manager - ProcurementAnheuserBusch InBevJan 2009 - Jun 2011 (2 years 6 months)Oversaw a $100MM budget for indirect services and materials which include the following categories: facilities maintenance, trade services, janitorial supplies, and a fleet management program consisting of 1,500 vehicles.
- Team Lead - ProcurementAnheuserBusch IncNov 2007 - Jan 2009 (1 year 3 months)Managed the strategic sourcing and contracting activities supporting the Anheuser-Busch, Inc. Branded Products Group which included promotional products and merchandise used to market the beverage portfolio.
- Purchasing AgentAnheuserBusch IncMay 2006 - Nov 2007 (1 year 7 months)Responsible for the strategic sourcing and contracting activities for a $20MM professional services category that included consulting, training and financial services.
- BuyerMacysJun 1997 - Apr 2006 (8 years 11 months)Retail buyer overseeing $20M in annual sales revenue in the junior footwear category spanning 43 stores. Responsible for all aspects of managing the business: sales, profitability, product selection, pricing, marketing, store setup and turnover. Brands in the portfolio included Steve Madden, Skechers, Nike, Converse, and a private label program.
Education
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- Bachelor of Science (BS, MarketingUniversity of Missouri Trulaske College of BusinessJan 1993 - Jan 1997 (4 years 1 month)
Projects (professional or personal)
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