George Lott

Hi, I'm George Lott. Welcome to my profile!

George Lott's Experience:

• Global Sourcing at BEA Cabin Interior Products

  October 2008 - December 2014

• Global Supply Chain Purchasing Manager at GENERAL MOTORS 2006-2008

  November 2006 - November 2008

  Strategically sourced and maintained supplier/vendor contracts related to chassis metallic systems, axles and props. Responsibilities included negotiating prices and terms with suppliers while leading efforts related to benchmarking, continuous improvement, and developing requirements for an automotive manufacturing company. Generated $32M annual savings in 2007/2008 versus a $675M purchase value through global sourcing, negotiating and value stream mapping Budgetary responsibility for contracts with an annual purchase value of $2.5B during 2008CY within the Global Purchasing and Supply Chain organization Directed the implementation of common business processes across global regions (Asia, Africa, Europe, Latin America and North America) Coordinated and conducted raw material weight audit which yielded a piece price savings of $1.5M in YTD savings and retro-savings of $750K (USD) Led complexity reduction initiative to reduce cost and improve financial performance through economies of scale and benchmark data. Savings yield, $3.1M Facilitated timely launches for new products for production (GM Australia)

• Global Commodity Manager at General Motors

  November 2006 - October 2008

  Commodity responsibilities for driveline components (i.e. axles, drive modules, propshafts)

• Purchasing Manager at TI Automotive

  2003 - 2006

• Purchasing Manager (Electrical) at Packard Electric

  April 2000 - February 2003

  Responsible to manage 12-member team of buyers and support agents in the procurement of electrical devices and electronic systems. APV of $400M, 3600 purchased orders processed annually in support of associated activities for design, build, and installation of assemblies for various GM-vehicle programs. Spearheaded global fuse synergy project through creative use of e-sourcing and generated savings of $5M. Effective utilization of online bidding to meet the global requirements for the division. Effectively achieved cost avoidance through mutually beneficial cost reduction workshop with supplier(s) that negated a price increase of $275K. Established and maintained database of approved vendors and suppliers, achieved rightsizing targets of 15% reduction within the initial year. Championed supplier diversity metrics for Electrical commodity.

• Global Commodity Manager at Delphi Automotive Systems

  January 2000 - January 2003

  Fuel Systems - Commodity (Metallic) Managed multiple international supplier contracts across North America, Asia and Europe. Global spend of $155M; includes stampings, aluminum die-castings, powdered metal, precious metals, clamps, brackets, heat shields, carbon bearings, brass fittings, contacts and valves. Strategically sourced and negotiated an expiring $5M warehousing and packaging contract resulting in $1M annual savings Responsible for implementation of link and leverage strategies across operations; Exceeded N.A. stretch targets of 6% through effective negotiations and global market test initiatives. Utilization of supplier development tools and cost walks to manage performance opportunities. Successfully negotiated a one year extension of an expired $3M contract resulting in a cost avoidance of $300k and continuation of production at European facilities. Fuel Systems - Commodity (Electrical & Aftermarket) 2003-2005 Responsible to achieve business metrics in material budget, supplier quality and rationalization. Link and Leverage global spend to facilitate competitive pricing. Electrical component procurement to include sensors, resistor cards, harnesses, regulators, brushes, wipers and magnets. Global free spend of $25M; direct material procurement content for development of fuel systems applications. Achieved $2M ($USD) savings annually, managed 4 regional commodity buyers and met performance initiatives. Coordinated and participated in global negotiations with major Tier 1 suppliers of fuel module applications. Effectively launched (NA) Aftermarket programs through global sourcing initiatives in China, India and Eastern Europe. Negotiated long-term contracts with cost reductions averaging 8%.

• Supply Chain Manager at GENERAL MOTORS CORPORATION

  January 1998 - January 2000

  Supervised staff of 10 supplier quality and supplier development engineers, facilitated lean implementation workshops that effectively governed the quality, delivery and performance (PPM) of 180 suppliers globally. Conducted value-stream analysis workshops to achieve enhanced product flow, cost reductions and zero defects. Coordinated supplier development workshops that managed shared savings of $3M, through elimination of waste, reducing material variance by 20% while improving yields by 40%. Focused on removal of hidden cost, process waste. Responsible for problem resolution of supplier quality issues, including coordination of root cause investigation and corrective action implementation. Managed reduction in manufacturing downtime associated with defective product, late shipments and capacity constraints.

• Purchasing at Triumph Group

  April 2015

George Lott's Education:

• Prairie View A&M University

  1981 – 1985
  BSME

• Prairie View A&M University

  Bachelor
  Concentration: Mechanical Engineering