Tex Moseri: Sr. Director Global Sourcing in , GA
Tex Moseri
Sr. Director Global Sourcing
United States
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Outdoor
Run
Work experience
Serta Simmons
Sr. Director Global Sourcing | 09/2014 - Current
Strategic Sourcing leadership for both Serta and Simmons brand in aligning new product introduction/innovation with advanced manufacturing, suppliers, and product readiness execution. Strategic planning and operations management for global product introduction. Overall annual spend management > $1.5B in direct materials purchases.
Selected Highlights
- Led sourcing business transformation including set up of category management teams and aligned business processes between brands to drive 5% bottom line improvement
- Led supply chain optimization to drive greater than $50 million in annual savings for 3 years running
- Deployed systems to ensure timely technology qualification and NPI to drive 100% supply readiness and cost at new product introduction
- Implemented a vendor managed inventory systems (VMI) to improve by 35% OTIF to plants currently at 99.5% and plants to retail customer at 100% within 48 hours
- Delivered 100% suppliers under contract to mitigate risks from business disruptions, and optimize supply chain performance by 30%
- Championed S&OP efforts to drive reduction in E&O during NPI phase in and phase-out by 80%
- Developed and implemented strategic sourcing systems: P2P, RFI & RFQ for core components and accessories business units
- P&L responsibility for strategic sourcing organizations
New Balance Athletic Shoe, Inc.
Head Of Global Material Sourcing | 10/2007 - 09/2014
Overall value chain vision/strategy creation, annual spend responsibility/allocation of greater $800M for footwear/apparel. Lead/manage material sourcing teams across Asia and the USA. Lead the global product compliance team for footwear, apparel, equipment & licensees. NB sustainability leadership with responsibility for creating upstream supplier partnerships. Support Innovation and product creation group in the ideation and deployment of new materials/manufacturing processes at T2/T3.
Selected Highlights
- Delivered consistent YOY cost savings of > 5% on total material spend
- Introduced supply chain performance metrics to improve overall supplier performance by 40%
- Deployed IT procurement tool for supply chain visibility & metrics tracking
- Implemented sustainability initiatives in material content and manufacturing processes
- Hired Asia & US footwear & Apparel material sourcing teams in core material categories
- Developed domestic supply chain for US footwear manufacture through strategic partnerships
- Delivered innovative technologies from concept to product through strategic supply partnerships
- Increased upstream penetration of product compliance practices in supply chain beyond T1/T2
- Led external collaboration efforts with working groups on sustainable & responsible sourcing
- Led annual cost negotiations and contracts with suppliers