Fred Lietz

Fred Lietz Email and Phone Number

Vice President And Cpo @ Bmo Financial Group
toronto, ontario, canada

Fred Lietz's Contact Information

Fred Lietz personal email

n/a

Fred Lietz Current Company

bmo.com

Bmo Financial Group

Vice President And Cpo
toronto, ontario, canada
Website:
bmo.com
Employees:
42056
Industry:
Financial Services

Fred Lietz Work Experience

  • bmo.com
    Vice President Procurement
    Andrew Corporation Jan 01 - Oct 06 · 5 yrs 9 mos
  • bmo.com
    Retired
    Molex End date missing
    Lisle, Illinois, United States
  • bmo.com
    Vice President Of Procurement - Direct Material
    Molex End date missing
    Lisle, Illinois, United States
    The role includes Direct Material sourcing and New Product Development sourcing and is responsible for:- Direct material cost leadership for the enterprise- Leading global sourcing engineer teams co-located with all design centers- Driving cross-functional alignment between Material Sourcing, NPD Sourcing and the business- Creating value through the development and implementation of global sourcing strategies- Development of a high performing team of strong professionals with the right skills- Implementing state of the art sourcing systems, tools and processes Show less
  • bmo.com
    Managing Director, Sourcing Technology And Product Operation, Diversity Head
    Bmo Financial Group Oct 13 - Feb 16 · 2 yrs 4 mos
    Toronto, Ontario, Canada
    * Recruited to lead the enterprise wide sourcing efforts for the IT and Global Operations organization with a total spend of $ 1.5Band a team of 20 sourcing professionals located in Canada, Asia and the US. * Delivered $20+M in savings annually. * Led ideation, conceptualization and implementation of an enterprise wide supplier innovation program that provided a pipeline of $100M of potential cost reductions over three years. * Led the enterprise wide Supplier Diversity Program and improved the diversity spend by 18% in the US. * Represented the bank as executive committee member of CASE (Chicago Anchors of a Strong Economy) to support business development and job creation in Chicago under the World Business Chicago strategic direction. Show less
  • bmo.com
    Vice President Of Procurement
    Navistar Inc 2011 - May 13 · 2 yrs 4 mos
    Lisle, Illinois, United States
    Navistar RV is a division of Navistar Corporation which is a $ 15 billion full line manufacturer and designer of commercial trucks, diesel engines, school buses, military vehicles and recreational vehicles. Fully responsible for the bottom line impact of the entire Supply Chain including Sourcing, Materials Management, Receiving, Material Handling and Logistics.
  • bmo.com
    Vice President, Global Operations Strategy And Chief Procurement Officer
    Federal Signal Corporation 2007 - 2011 · 4 yrs
    Oak Brook, Illinois, United States
    * Implemented a common set of performance metrics and corresponding improvement plans at all manufacturing sites globally. This effort drove performance improvements through discipline and more focus on root cause analysis and corrective actions. * Led manufacturing footprint strategy for the company which included site consolidations and outsourcing of none-core manufacturing processes like PCB assembly and wiring harness assembly. * Assisted the businesses in manufacturing lay-out development to increase manufacturing efficiencies and material flow simplification. * Facilitated best practices sharing across all manufacturing locations. As an example, the Quality/Warranty Improvement Process of one of the US locations was implemented in Europe and improved the quality performance by 30%. * Created and implemented a comprehensive approach to improve the Cash to Cash Conversion Cycle across the entire supply chain. The pilot implementation improved working capital by 20%. Show less
  • bmo.com
    Vice President Procurement
    Federal Signal Corporation 2007 - 2010 · 3 yrs
    Oak Brook, Illinois, United States
    * Implemented new organization structure including hiring and or re-assigning of 7 key people * Delivered average net cost reductions of 5% to 6%. * Launched significant emerging market sourcing initiatives in China and Eastern Europe. * Established clear processes for procurement involvement in new product development. * Implemented a new preferred transportation carrier program with 30% savings.
  • bmo.com
    Global Director, Non-Poduction Procurement
    Whirlpool Corporation Dec 97 - Dec 00 · 3 yrs
    Benton Harbor, Michigan, United States
    Reported to the Senior Vice President of Global Procurement. Formed a new global procurement group to manage allnon-production purchases worldwide which included tooling, equipment, professional services, travel, MRO. The total spend was$1.8B managed by a team of 25 located in Brazil, Europe and the US. Achieved $150M of savings year over year through competitive bidding and negotiation processes, bundling of services with fewer suppliers and standardization of equipment like PCs and software. Implemented the first B2B system to support and streamline the procurement activities and transactions which allowed reducing procurement headcount by 10%. Show less
  • bmo.com
    Director, Strategic Sourcing, North America Region
    Whirlpool Corporation Jan 96 - Nov 97 · 1 yr 10 mos
    Benton Harbor, Michigan, United States
    Led strategic sourcing development and implementation for all major raw materials and components with total purchases of $1.2B. Negotiated major contracts with key suppliers which led to lower pricing, improved payment terms, quality improvement commitments, flexibility and inventory improvements. Led cross-functional team to explore and implement cost reduction workshops at key supplier’s facilities and delivered 3-4% savings in addition to the normal contract negotiations.

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Frequently Asked Questions about Fred Lietz

What company does Fred Lietz work for?

Fred Lietz works for Bmo Financial Group

What is Fred Lietz's role in his workplace?

Fred Lietz's role in his workplace is Vice President And Cpo.

Which industry does Fred Lietz work in currently?

Fred Lietz works in the industry Financial Services.

What is Fred Lietz's email address?

Fred Lietz's email address is fslietz1@comcast.net

What is Fred Lietz's direct phone number?

Fred Lietz's direct phone number is +16302079237

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