Grace Woo
|
Current
City: Los Angeles, CA
Chapter:
SCORE Los Angeles
PROFESSIONAL EXPERIENCE McCORMICK & CO │ Los Angeles, CA Fortune 1000 CPG Company, $3B global leader in spice & seasoning production & distribution. Director of Sourcing 2006- present Develop unified operation and supply chain strategy for 7 global business units as a pilot program for corporate rollout. Participate in Corporate Strategy projects, from negotiation, evaluation to integration. Maintain strategic relationships with global suppliers. Lead contract negotiation and operation optimization projects that resulted in 20% order leadtime reduction, 20% inventory carrying cost reduction and 10-15% COGS reduction. Lead product innovation, commercializing 10-15 SKUs per year at fast 18 months ideation to launch cycle by fostering long term innovation pipeline. Lead a team of 15 in supply chain, quality and product development. Restructured team with management reorganization to heighten performance. Coach local managers on talent management and communication skill to succeed in multi-cultural/language/locations matrix environment. Key Achievements Strategy Development & Alignment: Initiated and successfully obtained buy in from business heads to collaborate and create strategy review and reporting system to ensure strategies of each cross function team are constantly aligned for this fast moving, competitive category. Operation Optimization: Conceptualized & rolled out global innovation process optimization initiatives that is projected to improve go to market speed by 15%. Secured buy in from senior managements and cross functional team leaders globally. Cost Containment: Led multiple cost containment projects that achieved 10-15% COGS savings by relocating production sites to leverage cost advantages of various global locations. Financial Management: Principal investigator of $4M capex project, provided analysis and recommendations on financial and operation viability of relocating manufacturing base from Turkey to Asia. Post Merger Integration: Led post merger operation integration efforts of two $140M acquisitions in complex global matrix organizations settings in US, France, Switzerland, UK, Canada, China & Thailand. M&A: Participated in Corporate level M&A due diligence & led negotiation in strategic alliances. EPICUREAN INT. INC │ Union City, CA CPG start-up with 30% annual sales growth. Acquired by McCormick & Co in 2006 Senior Manager Product Development 2002-2006 Led product development process, from strategy formulation to commercialization execution. Developed operation processes and systems in entrepreneurial, fast growing environment to support explosive sales growth and keep the innovation pipeline filled with next generation products. Key Achievements New Business Start Up: Founded supply chain operation in China, grew operation from zero to $10M in 3 years New Product Development: Instrumental for role in growing sales from $20M to $45M in 3 years through innovative products sourcing. Developed best selling products lines that accounted for 25% of annual sales. ICF CONSULTING │ San Francisco, CA Global professional services firm partnering with government and commercial clients in US, Europe, Asia and South America. Associate, Economics Development 2002 Developed economic revitalization strategies and implementation plan for local economic development agencies. Clients included the State of Mississippi and City of Baton Rouge. HSBC BANKING │ Hong Kong, China Top Global Financial Service Company, with offices in 87 countries and 300,000 employees globally. Manager, Corporate Banking 1996-2000 Managed trade service & financing services to corporate clients, from letter of credit to currency hedging. Led a team of 20 trade finance professionals. EDUCATION Harvard Business School, Boston MA Program for Leadership Development 2009-2010 London School of Economics & Political Science, London, UK BSc Economics University of California at Berkeley, Berkeley CA MCP Urban Planning OTHER ACTIVITIES Counselor, SCORE Los Angeles Chapter 2011- |


