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Joseph Reinholtz

JR
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Roles available for:

  • Fractional
  • Consulting
  • Contract
  • Interim

FCPO

Fractional Chief Procurement Officer

  • Millstone Twp, New Jersey, United States
JR
Message

Joseph Reinholtz

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Roles available for:

  • Fractional
  • Consulting
  • Contract
  • Interim

FCPO

Fractional Chief Procurement Officer

  • Millstone Twp, New Jersey, United States
Experience
  • Vice President; Head of Global Sourcing

Strengths in this role: Experienced and strategic procurement leader with over 18 years of experience in managing global sourcing, supply chain operations, and sustainability initiatives. Strategic thinker with an eye towards implementation and action. Created AI chatGPT resource that improved triage of P2P emails to responsible decision makers by 92% leading to FTE reductions.

Industry Group: Consumer Goods

Industry: Food Production

Years of experience: 18 years

Industry Group: Manufacturing

Industry: Oil & Energy

Years of experience: 18 years

Company name: DNP Foods America (Raw Material Manufacturer to Personal Care and Food Markets)

Company size: 250 employees

Role in this company: Lead a $100 million spend with a team of 10, including 5 direct reports and over 40 contract manufacturers. Spearheaded procurement for raw material, packaging, IT/cybersecurity, capital and external manufacturing Delivered a 10% savings reduction in top 3 spend items and increased sales and margin by implementing a market-relevant customer strategy, leveraging market, and competitive AI data scraped insights. Negotiated and implemented hydroponic farms and supercritical CO2 capital projects

Company name: Estée Lauder Companies

Company size: 40,000 employees

Role in this company: Managed procurement activities valued at $950 million annually across seven global sites. Led a team of 10 in sourcing raw materials, packaging, and external manufacturing. Delivered 4% net cost productivity across a $1B spend through strategic partnerships, scale, and value engineering. Led supply chain sustainability initiatives, creating policies, risk mitigation, mapping, traceability, and community stories for key materials. Implemented blockchain for vanilla supply chain

Company name: L'Oréal

Company size: 90,000 employees

Role in this company: Managed procurement activities valued at $500 million annually across twenty sites globally. Led a team of 6 in sourcing raw materials, packaging, and external manufacturing. Implemented sustainable sourcing projects, including a Guar project involving 7,000 farmers, enhancing supply chain sustainability and direct pricing with growers. Delivering $3.2 million in annual savings from leveraging new vendors and formula pricing previously not achievable. Enhanced market risk management

Company name: Baker Hughes International

Company size: 52,000 employees

Role in this company: Managed procurement activities valued at $460 million annually across 120 sites globally. Led a team of 12 in sourcing chemicals and external manufacturing. Established the “Category Management” function, achieving significant year-over-year savings and supplier relationship management. Surpassed 2015 Hard-Savings Goal of $17.5MM by $3MM through strategic initiatives, including vertical integration projects, procurement optimization, demand management, and excess/obsolete re-sales

Company name: Rhodia, Inc.

Company size: 35,000 employees

Role in this company: Procurement activities valued at $180 million annually across eleven sites across the Americas. Portfolio: Oleochemicals (Fatty Alcohols/Acids), Oxo Alcohols, Amines, and Preservatives. • Utilized an Irish bank to consign on-site material for strategic large parcel buy-forward purchases with no working capital impact (RM inventory reduction of $25MM)

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Dear Employers, Members & Friends of GigX

 

First, we hope you and yours are as safe and well as possible, considering these unprecedented times.

Second, we wanted to make you aware of the new membership & pricing options so you can see what we've been working on for the community. You can find further information on our blog, as well as a variety of other helpful content.

Third, for employers and outplacement companies that are facing the necessity and consequences of layoffs and furloughs, we have solutions such as volume pricing to allow the inclusion of a GigX Membership in transition/service packages to ease the adjustment and provide access to the gig economy for those affected.

Finally, we are pleased to announce a new partnership with SoleVenture that will provide GigX Members with additional benefits, and opportunities for SoleVenture’s customers to increase their exposure.

Together we will persevere.

Stay strong!
The GigX Team