Procurement Professional with over 16 years experience in ensuring the delivery of Materials/Equipment/Services at lowest Total Cost of Ownership. Extensive experience in the area of Strategic Procurement of Engineered Equipment for both Maintenance and Capital Projects. Proven success in working with Capital Project Teams to develop sourcing strategies and adding value to equipment sourcing processes. Managerial experience
Procurement Professional with over 16 years experience in ensuring the delivery of Materials/Equipment/Services at lowest Total Cost of Ownership. Extensive experience in the area of Strategic Procurement of Engineered Equipment for both Maintenance and Capital Projects. Proven success in working with Capital Project Teams to develop sourcing strategies and adding value to equipment sourcing processes. Managerial experience of leading teams of Procurement Professionals as well as overseeing and guiding procurement staff of EPC contractors. Dual degreed Engineer (Mechanical and Petroleum) with four years of experience in technical support and small capital projects and four years of experience in oil and gas exploration and production engineering. Acquired practical knowledge and skills from work experience enabling thorough analysis of problems and plan of action to expedite solutions. Good organizational skills allowing processing of several projects concurrently. Excellent interpersonal skills with focus on customer service. Ability to interact favorably with all organizational disciplines.
Manager Category Management--Principal @ From August 2012 to Present (3 years 5 months) Houston, Texas AreaMaterials, Equipment and General Services Procurement Team Lead @ BP Texas City is BP’s largest oil refinery in the world and the third-largest refinery in the US, BP Texas City is capable of processing approximately 460,000 barrels of crude oil each day. The plant includes 29 oil-refining units.
Responsible for providing guidance and direction to team of 9 to 12 Procurement Specialists and developing the link between Procurement and the End Users. Drive value delivery by ensuring robust local commodity strategies are developed as well as working closely with the Market Sector to ensure alignment with national and global strategies.
• Developed and implemented a Stage Gate Review process for sourcing projects to ensure consistency in process and documentation, optimize value delivery and robust strategies.
• Lead the recruiting and hiring of Procurement Specialist needed to support the transformation of the Texas City Site Procurement department. Assisted the Procurement Transformation Manager in implementing new organizational structure and policies.
• Mentored Specialists on development of Commodity Strategies
• Ensure policies and procedures and implemented to drive safe and compliant operations
• Organized training and development opportunities for staff From June 2010 to August 2012 (2 years 3 months) Capital Project Procurement Manager-Operation Canadian Crude(OCC) @ OCC is a $6 Billion Program to reconfigure BP’s Whiting, Indiana refinery to be able to process Canadian Tar Sands Crude.
Responsible for driving the OCC procurement strategy across the OCC Program and through the Engineering and Procurement Contractors (EPC). Provide Procurement direction and oversight to four OCC EPC procurement teams. Ensure that the OCC procurement strategies and procedures support OCC project schedule and technical requirements and adhere to BP Group Policies.
• Develop and implement sub sector sourcing strategies in conjunction with the respective R&M Market Sector Commodity Managers, BP upstream counterparts (as appropriate) and EP procurement teams.
• Help develop and drive cross project activities that include, Program Strategy and Procedures, Supplier Integrity Management and Performance Management (including supplier qualifications), Pipeline Reporting and internal/external OCC Program Procurement communications
• Develop sourcing strategy appropriate to the purchasing strategies, understanding the need for potential early commitment into the market to ensure capacities are available for the Project
• Develop purchasing schedules for Project; and manage purchasing plans in light of these schedules
• Coordinate and liaise with the Procurement groups within the Whiting site and key EPC contractors’ organisations supporting OCC.
• Coordinate and direct the input of the BP Manufacturing Procurement Commodity managers related to various service and equipment contracts that may be used to support the Project.
• Manage supplier management relationships to deliver “best value” procurement solutions and optimum cost for third party spending which cover the support from the various suppliers related to the authorised budget expenditure for the Project.
• Align with Engineering Authority team to ensure technical requirements are fully represented and adhered to in the RFPs and Purchase Orders for the projects From May 2006 to June 2010 (4 years 2 months) Procurement Project Manager @ Responsible for providing Project Management skills to various Procurement Projects in North America and Europe.
• Developed market approach for sourcing caustic soda in North America and Europe. Became well versed quickly in new commodity area in order to develop sourcing strategy. Managing project from strategy development to contract execution.
• Developed pilot approach for fee based alliance agreement in the area of Tank Maintenance.
• Developed work process flow for utilizing Project Controls Master Enabling Agreements. Renegotiated three agreements to deliver cost savings with lower rate structures. Also improved contract structure and implemented procedures for managing contractors. From January 2005 to May 2006 (1 year 5 months) Global Commodity Manager, Fabricated Engineered Equipment @ Responsible for setting and leading the strategic approach to market creating world class sourcing solutions from detailed market expertise/knowledge, rigorous performance based supplier relationship management and the effective application of common tools and processes. Developed deep knowledge, expertise and external networks in the Fabricated Engineered Equipment market. Directly responsible and accountable for procurement strategies and tactics that ensure business requirements are fulfilled and value is optimized across multiple businesses. Expert knowledge of market intelligence in commodity area.
• Successfully developed, executed, and managed an average of 14 North American and Global Fabricated Engineered Equipment agreements concurrently covering heat exchangers, pressure vessels, fired heaters, structural steel and fabricated piping with an average of $50 million annual spend generating savings in the excess of $5 million in annual savings.
• Successfully lead cross functional teams to evaluate potential suppliers for strategic agreements and structuring of agreements.
• Successfully negotiated North American and Asian strategic sourcing agreements for maximum value to the corporation.
• Supporting numerous Capital Projects in the purchasing of Fabricated Engineered Equipment and related services.
• Supported North American and European sites on their procurement requirements.
• Worked with site maintenance teams to improve work processes for better coordination between the sites and fabricators
• Provide value on non-strategic, one-time purchases through effective negotiations and leverage.
• Vast experience in monitoring and expediting suppliers throughout purchasing process. From April 2003 to January 2005 (1 year 10 months) Strategic Sourcing Specialist, Fabricated Equipment @ Strategic Sourcing Specialist, Fabricated Engineered Equipment
December 2000 to April 2003 and August 1995 to March 1999
Responsible along with Commodity Manager to develop and manage strategic relationships with suppliers. Monitored and reported measurement for the stakeholders and strategic suppliers in areas such as cost savings, quality, timeliness, technology leadership, customer focus and continuous improvement. These efforts resulted in lowest Total Cost of Ownership for these commodity areas. From August 1995 to April 2003 (7 years 9 months) Procurement Specialist/Team Leader of Material Coordinators @ Provided procurement support for the Texas City Refinery and Chemical Plant. Support included:
• Sharing procurement knowledge with plant personnel on vendor selection, preparing Requests for Quotes (RFQs), negotiating with vendors for lowest total cost of ownership for corporation, and monitoring vendor performance
• Supervise five Material Coordinators for Refinery who are responsible for material purchase transactions associated with Blanket Agreements as well as other purchases under $20,000.
• Responsible for maintaining Site Procurement ISO procedures and documents for the Chemical Plant
• Responsible for negotiating, maintaining and updating Site and Regional Sourcing Agreements for various commodity areas. From March 1999 to December 2000 (1 year 10 months) Mechanical Project Engineer @ Chocolate Bayou Chemical Plant
Responsibilities included providing engineering designs and services in projects to eliminate process nuisances, optimization of equipment, improve operability, and maximize profitability at large olefin/polypropylene complex employing over 800. Coordinated capital and expense projects from initial design through construction. Estimated costs of capital projects.
• Designed equipment and facilities to convert catalyst mixing and pumping system from hexane based to mineral oil based. This was an extensive project which included pump sizing, foundation design, building erection, bridge crane and hoist sizing and installation, vessel wand agitator design, as well as structural and piping design. Excellent coordination skills were exhibited in order to achieve a successful and timely startup of project.
• Designed and coordinated environmental projects including elimination of polypropylene pellets from sewers by installing hydrosieves, support structures, pumps, and piping.
• Designed and coordinated project for separation of feeding catalyst and promoter to the reactor to allow for greater flexibility in unit’s catalyst section. This project included vast rerouting of piping, additional piping, and new equipment sizing and selection. Results included cutting catalyst consumption in half.
• Improved cutting system for polypropylene pellets by investigating die, knives, and steam supply options and recommending superior system.
• Designed and coordinate numerous small capital and maintenance projects. From December 1991 to August 1995 (3 years 9 months)
BS, Mechanical Engineering, Petroleum Engineering @ University of Missouri-Rolla From 1982 to 1987 Karetha Foster is skilled in: Refineries, Team Building, Strategic Sourcing, Oilfield, Risk Assessment, Production Planning, Procurement, Supply Management, Contract Management, EPC, Petroleum, Materials Management, Refinery, Gas, Engineering
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