Richard Hyde, MBA has over 20 years of experience in supply chain management and procurement. Richard has held various roles in notable companies such as Restaurant Supply Chain Solutions and Corn Products International (now dba Ingredion).
At Restaurant Supply Chain Solutions, Richard served as the Senior Director of Procurement & Risk Management. In this position, they led a team responsible for sourcing and managing market risk for dairy, meats, and grain based foods categories. Richard successfully implemented a Strategic Sourcing process to identify the best suppliers and negotiate long-term supply agreements. Richard also developed a company-wide Supplier Relationship Management (SRM) program that included a 360 scorecard, supplier segmentation, engagement plans, and recognition initiatives.
Prior to their role at Restaurant Supply Chain Solutions, Richard held various positions at Corn Products International. Some of their key roles included Product Handling & Logistics Manager, Product Manager, Unit Manager, and Senior Process Engineer. In these roles, they were responsible for overseeing order fulfillment and logistics operations, production planning, inventory control, packaging, warehousing, distribution, transportation, and railroad operations. Richard successfully implemented Key Performance Indicators (KPIs) to improve work processes, reduce costs, streamline inventory, and enhance customer satisfaction levels.
Overall, Richard Hyde's work experience showcases their expertise in procurement, supply chain management, and implementing effective strategies to drive efficiency and improve operations.
Richard Hyde holds a Master of Business Administration (MBA) degree in Finance from DePaul University. Prior to that, they completed their Bachelor of Science (BS) in Chemical Engineering from Michigan State University.
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