Libby Erickson

Libby Erickson

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  • Timeline

  • About me

    Sr. Technical Product Manager | Advisor Technology Solutions at Ameriprise Financial Services, LLC

  • Education

    • Cardinal Stritch University

      -
      BSBA Business Administration

      Graduated cum laude.

    • Cardinal Stritch University

      -
      Masters Business Administration

      Graduated cum laude.

  • Experience

    • Jostens

      Apr 2000 - Dec 2004

      Managed suppliers for select product lines, conducted strategic commodity quote packages, developed and negotiated cost reduction activities with assigned suppliers through negotiation and process improvement. Negotiated and purchased capital equipment. Negotiated multi-year strategic agreements with suppliers. Key Contributions:• Negotiated $163K in cost savings for Jostens in 2004.• Negotiated and implemented new supplier for office supplies in company-wide initiative, which resulted in improved processes and savings of $111K in the first 15 months of contract. • Collaborated on cross-functional team to successfully implement Jostens One Card Program company-wide that resulted in improved processes and cost savings of $65K.• Presented with a Jostens Leader Award for performance in process improvements that resulted in time reductions and increased department capacity.• Received formal recognition and “On The Spot” awards for exceeding annual goals and performance plans. Show less Managed select product lines and assisted with travel services. Conducted strategic commodity quote packages, negotiated with suppliers to achieve Jostens business objectives, and developed and implemented cost reduction activities with assigned suppliers. Provided purchasing input to other functional areas as requested for new products. Supported the Project Management team. Audited Visa Procurement Card program to ensure adherence to the process. Key Contributions: • Negotiated $150K in cost savings. Show less

      • Buyer

        Apr 2004 - Dec 2004
      • Associate Buyer

        Apr 2002 - Mar 2004
      • Int'l Logistics / Travel Administer

        Apr 2001 - Mar 2002
      • Project Coordinator

        Apr 2000 - Mar 2001
    • Nilfisk

      Feb 2005 - Aug 2007
      Buyer

      Managed material availability in support of the production schedule. Developed requests for proposals, solicited quotations, evaluated bids, and negotiated price with suppliers in support of company objectives. Managed supplier relationships; including risk management, commodity strategy, inventory management, problem resolution, and evaluation of supplier performance. Executed strategies and tactics to achieve best total cost as it relates to pricing, logistics, and inventory.

    • Carl Zeiss IMT

      Aug 2007 - Jul 2011
      Strategic Buyer

      Joined Strategic Purchasing team to manage domestic and international suppliers for select product lines and to source assigned commodities. Negotiated multi-year agreements with suppliers to achieve Carl Zeiss’ business objectives. Implemented cost reduction activities with assigned suppliers through negotiation and process improvement. Conducted total cost analysis on strategic commodities for various suppliers. Key Contributions: • Negotiated building lease resulting in $267,600 savings over the 5 year lease term.• Negotiated a multi-year contract and Kanban program for bearing commodity which realized a $15,000 cost savings. • Negotiated a fleet lease agreement resulting in annual savings of $12,600.• Negotiated and implemented a hardware VMI program which reduced inventory by 76% and decreased the warehouse work load.• Implemented the global supplier performance tool (ACS) at the US plant. Show less

    • Carl Zeiss Industrial Metrology

      Feb 2011 - May 2012

      Joined Business Excellence team to manage improvement projects utilizing Lean methods. Set schedules and provided direction for the multi-functional project team members, coached and supported teams and individuals on identifying waste, drove teams to Root Cause utilizing problem solving tools and facilitated Value Stream Mapping. Facilitated Kaizen events including pre-planning, execution, and follow-up. Supported the development of Standard Work. Developed and delivered Lean training to employees.Key Contributions: • Managed the NSP project resulting in a 24 week reduction in the process.• Managed the Distributor Commission Payment project which resulted in accurate P&L bookings and timely Distributor payments.• Developed, trained, and conducted company-wide 5S events for 150+ employees. Show less Joined the Cultural Journey team to coordinate, personalize, and facilitate Team Summits with alignment to the vision and values of the global Carl Zeiss Organization. Worked with team leaders to adapt the training module to derive meaning and applicability of the values to the participants. Ensured that Team Summits were completed within the prescribed timeline and completed reporting and documentation requirements with submission to the corporate Cultural Journey office in Germany.Key Contributions: • Conducted 20 Team Summits for over 200 employees; includes leader coaching and pre and post meetings. Show less

      • Lean Project Specialist

        Jul 2011 - May 2012
      • Navigator

        Feb 2011 - May 2012
    • Hollywood Fashion Secrets

      May 2012 - Nov 2013
      Sales and Demand Analyst

      Developed sales forecast and recommended to Senior Management changes to sales forecast through sales to budget variance analysis. Evaluated sales performance versus plan and adjusted plan as necessary. Analyzed sales trends and sell through data and made recommendations to Sales based on the results. Developed and presented various sales reports to upper management. Managed inventory investment. Analyzed customer demand and developed demand flow for operations. Key Contributions:• Developed and implemented a master planning schedule, in the absence of an ERP system, resulting in better buying decisions.• Analyzed inventory and reduced by 33%. Show less

    • Project Consulting Group (PCG)

      Mar 2015 - Dec 2015
      Consultant

      Business Analyst on Advisor Collections project at AmeripriseAssisted in establishing the new Collection Utility within the Advice & Wealth Management Lead Finance Office. Key Contributions:• Developed and documented procedures for Collection Utility • Provided status updates via various reporting methods • Identified resources across the company to assist in the team’s efforts on document gathering for external counsel

    • Ameriprise Financial Services, LLC

      Dec 2015 - now

      Member of Collection Utility team supporting recovery of firm capital. Key contributions: • Lead the semi-annual review of legal documents and worked cross functionally to determine revisions needed and ensured implementation • Continuously improved processes and put controls in place to better mitigate risk • Supported external counsel in pursuing termed advisor debt

      • Sr. Technical Product Manager | Advisor Technology Solutions

        May 2022 - now
      • Business Program Manager, CRM Adoption | The Personal Advisor Group

        Oct 2018 - Sept 2022
      • Senior Manager | Advice & Wealth Management | Finance

        Dec 2015 - Sept 2018
  • Licenses & Certifications

    • Certificate in Project Management

      Cardinal Sritch University
    • Lean Office Practitioner

      Manufacturers Alliance