Richard Belden

Richard Belden

Buyer

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  • Timeline

  • About me

    Senior Manager, Global Parts Purchasing & Strategic Sourcing at AGCO

  • Education

    • Blue Coat School, Coventry

      1988 - 1995
    • Coventry University

      1995 - 2000
      BA Hons Urban & Regional Planning with Local Economic Development
  • Experience

    • Parkside Packaging Ltd

      Jul 2001 - Sept 2004
      Buyer

      Working at a regional leader in the provision of packaging, I was tasked to ensure the company was purchasing product at competitive rates, whilst ensure continuity of product supply. My specific role encompassed:Supplier allocation and account managementControlling a spend in excess of 2M USD across the following packaging materials:o Cardboard productso Solid Board productso Polythene productsComplete procurement and expediting activitiesSupplier auditing and quality assessment To offer cover for the Purchase Manager in his absence Show less

    • AGCO Corporation

      Oct 2004 - now

      Managing and leading 5 teams, across 7 sites within Europe and North America, with EAME and Global Aftermarket Purchasing responsibility covering an annual spend in excess of 240M USD, ensuring a strong Strategic focus, with alignment across all Parts Purchasing locations. • Responsible for developing and implementing a Global Commodity structure approach, across all EAME Parts Purchasing sites, liaising closely with North and South American Regional Purchasing Management, and BCC / All Brand Parts Purchasing Teams, to obtain Buy-in and support for longevity and maximisation of benefits. • Global and EAME Purchasing KPI metric setting, and achievement, within MPV, PPV, MOQ reduction, Best Cost Sourcing, Supplier Management, and project implementation Show less Responsible for managing and leading a team of eight, including five Senior Buyers and one Global Commodity Manager, covering 12 Global Commodities with a combined annual spend in excess of 130 M USD, and two dedicated Business Administrators who provide daily business support both within my team and to the wider Parts Purchasing organisation within AGCO.• Liaising closely with Regional Parts Purchasing Management to obtain Buy-in and support for longevity and maximisation of benefits.• Develop a solid working knowledge of certain commodity trends including: industry trends, cost drivers, global pricing, material lead times, and technical/manufacturing processes• Establish contracts in order to ensure the cost effective supply of a strategic commodity or group of commodities• Formulation and Implementation of strategic business direction, to ensure alignment with EAME and NA Supply Chain organisations and Global Production Purchasing directives• Global Purchasing KPI metric setting, and achievement, within MPV, PPV, MOQ reduction, Best Cost Sourcing, Supplier Management, and project implementation Show less Controlling a spend in excess 15M USD across five Commodity Groups. Commodity Groups covered are:o Electronicso Lightingo Seatingo ATS (Advanced Technology Solutions)o Seals & GasketsMy role & responsibilies includes:Global Parts Purchasing SAP SuperUser, encompassing training, system improvement and issue resolution.Responsible for establishing and managing contracts that leverage the enterprise-wide volume and reduce the enterprise-wide supply base. Required to build and manage a strong relationship with global key preferred suppliers. Track and manage compliance and focus on cost savings. Negotiate with suppliers to leverage position to gain optimal terms and manage risk and diversity and execute contracts. Show less Controlling a spend in excess 8M USD across six Commodity Groups. Commodity Groups covered are:o Exhaustso Steering Componentso Cab Glasso Low Pressure Rubber Hoseso Brakeso ClutchesFull Aftermarket purchasing responsibility for a major Third Party Vendor.Developing and implementing common strategies / synergies with other Parts Purchasing locations to realise further margin improvement, and optimise leverage spending.Working closely with the Global Purchasing Team to develop Best Cost Country sourcing opportunities.Forming close links with Aftermarket and Production Purchasing locations (Key responsibility for two Finnish locations)Parts rationalisation.Inventory reduction, including supplier managed inventory.Lead time reduction.Supporting Parts Marketing on existing and new programmes.Ongoing reduction in purchase price errors (invoicing issues) and time to resolution.Providing full support to Material Planning on supply related issues.Working with the Purchasing Development Team to assist in implementing lean manufacturing programmes with nominated suppliers, to improve manufacturing efficiencies, quality and response / lead time. Show less

      • Senior Manager, Global & EME Parts Purchasing & Strategic Sourcing

        Dec 2017 - now
      • Manager, Global & EAME Parts Purchasing, Global Directory Lead (Parts) - Powertain & Periphery

        Jan 2015 - Nov 2017
      • Manager, Global Parts Purchasing & Strategic Sourcing

        Jun 2011 - Dec 2014
      • Senior Buyer, Global Parts Purchasing and Strategic Sourcing

        Jan 2009 - May 2011
      • Senior Strategic Buyer

        Jan 2006 - Dec 2008
      • Buyer

        Oct 2004 - Dec 2005
  • Licenses & Certifications

    • ILM Level 3

      Institute of Leadership Management