Edmund has over 15 years of sourcing and procurement and management consulting experience. He has worked with more than 40 organizations of all sizes across multiple industries to improve their financial and operational performance by executing third party cost reduction activities, helping companies think differently about their spend, and challenging the status quo.
He has trained and led teams of talented functional specialists to drive the identification and execution of over $1 billion in savings opportunities through COGS optimization, indirect sourcing, demand management, policy and governance implementation, M&A/PMI synergy execution, and procurement transformation.
Key Engagements:
- Led a sourcing program for a $500M North American home furnishing company that transformed both COGS and indirect sourcing processes for the organization. Performed technical cost reduction across more than 60 SKUs, created a digital production allocation tool, and optimized manufacturing footprint near-shore to achieve $30M+ EBITDA improvements for the organization.
- Advised a $12B leading North American home goods retailer in identifying and realizing 10%+ marketing cost reductions through a review of both traditional and digital media investments, while improving the effectiveness of the marketing investments to ensure zero top line impact as a result of the cost reductions.
- Led an Indirect optimization program at a US department store chain with 600+ stores, and conducted rapid sourcing on 8 existing contracts, demand optimization in 3 categories, and 10+ discretionary spend review workshops. Achieved $40M+ cost reductions in facilities management, corporate and employee services, marketing, and other GNFR categories, all within 3 months.
- Supported a $11B broadcast channel retailer to conduct a margin improvement process, by conducting 40+ data driven negotiations with national brands and taking control over manufacturing, pricing, and design-to-value of their private brands in addition to assortment optimization. Achieved ~$100M annual margin improvement across Culinary and Home Décor product categories.