Mark Power
Veltem-Beisem
Summary
Results-driven Procurement and Supply Chain Leader with over 20 years of experience across industries.
Proven success in leading transformations, driving cost savings, and implementing organizational change.
Passionate about building high-performing teams with a results-focused mindset.
Overview
23
23
years of professional experience
Work History
Integration Director
Ascend Performance Materials
01.2023 - Current
- Leading post-merger integration of three production sites across Europe and India, driving cross-functional teams to achieve $20M in identified synergies
- Oversaw SAP implementation and coordinated functional support, achieving full integration of a newly acquired production site within 100 days
Procurement Director
Ascend Performance Materials
09.2019 - 01.2023
- Created a new organization to support acquisitions and expansion
- $300M spend / 5 FTE’s
- Achieved $5M (5%) cost reduction in year 1 whilst eliminating multiple single source risks
- Improved performance management for logistics suppliers, boosting customer OTD to >95%
Executive Director, Purchasing & Supply Chain
Spandex
06.2018 - 08.2019
- Led a global Purchasing & Supply Chain organization of 30 FTEs managing $350M in spend
- Transitioned to strategic supply chain management, focusing on inventory optimization
Purchasing Director – Indirects & Logistics
Huntsman Europe
Everberg
01.2017 - 05.2018
- Oversaw $350M European Indirects & Logistics Procurement spend, managing a team of 20 experienced professionals
- Stabilized the team post-separation of the Pigments & Additives business unit, implementing a new organizational model and Ariba e-Sourcing
Senior PMO Manager
Huntsman Europe
Everberg
10.2014 - 04.2018
- Directed Rockwood business integration, supporting the realization of $30M synergy savings in procurement and supply chain
- Led a large scale working capital improvement project for the Polyurethanes business generating $25M annual cash flow improvement
Purchasing Manager
Huntsman Europe
Everberg
09.2009 - 09.2014
- Launched and scaled an operational procurement center managing $350M spend across 2,500 materials and 600 suppliers
- Led 20 buyers, speaking 12 languages, supporting 25 sites
- Introduced performance management tools with KPI’s covering purchasing value creation, supply risk mitigation and supplier innovation
Leader, Global Strategic Sourcing
Mastercard
Waterloo
03.2008 - 08.2009
- Executed an offshore outsourcing project for transactional finance activities, saving over $1M annually
- Conducted a global RFQ for facility management outsourcing, achieving $1.5M in annual savings
Buyer - Senior Buyer
Toyota Europe
09.2001 - 04.2008
- Progressed from Graduate Trainee to Senior Buyer, managing purchasing across a range of materials and suppliers
- Delivered year-on-year savings and earned recognition for outstanding achievement on a Kaizen project
Education
Business Studies Degree - Economics Major
DeMontfort University
Leicester, England01.2001
Toyota Production System Certification -
Nagoya, Japan01.2007
ISO 14001 & IATF Auditor Training -
Brussels, Belgium01.2008
Skills
- SAP MM / WM / APO
- Celonis
- Supplier relationship management
- Procurement process improvement
- E-procurement systems
- Culture transformation
- Organizational development
Accomplishments
- Streamlined Operations: Centralized raw material procurement operations, reducing headcount from 33 to 20 FTEs, and achieving $1M in fixed cost savings
- Improved working capital: Led cross-functional initiatives to identify and deliver $25M of cash flow improvement
- Integrated Businesses: Successfully led four post-merger business integration projects, achieving identified synergies and SAP implementations within time and budget
Languages
English
First Language
Dutch
Upper Intermediate (B2)
B2
French
Elementary (A2)
A2
Timeline
Integration Director
Ascend Performance Materials
01.2023 - Current
Procurement Director
Ascend Performance Materials
09.2019 - 01.2023
Executive Director, Purchasing & Supply Chain
Spandex
06.2018 - 08.2019
Purchasing Director – Indirects & Logistics
Huntsman Europe
01.2017 - 05.2018
Senior PMO Manager
Huntsman Europe
10.2014 - 04.2018
Purchasing Manager
Huntsman Europe
09.2009 - 09.2014
Leader, Global Strategic Sourcing
Mastercard
03.2008 - 08.2009
Buyer - Senior Buyer
Toyota Europe
09.2001 - 04.2008
Business Studies Degree - Economics Major
DeMontfort University
Toyota Production System Certification -
ISO 14001 & IATF Auditor Training -
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