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Henrietta Vasilakis

Chief Procurement Officer
Houston, TX, United States

Professional Summary

Henrietta Vasilakis leads global sourcing for an energy and industrial manufacturer, covering about $2.4B in addressable spend across equipment, chemicals, and services. She has built supplier-risk programs, ESG and Scope 3 sourcing standards, and digital procurement on SAP Ariba and Coupa. Her work has cut cycle times, improved savings realization, and raised on-time delivery above 96 percent while strengthening contract governance. She is a CPSM, CIPS Fellow, and Six Sigma Black Belt based in Houston, Texas.

Employment History

Chief Procurement Officer
Gulfstar Industrial Holdings · Houston, TX
Jan, 2021 · Present
• Directed global sourcing across equipment, chemicals, and services, covering $2.4B in addressable spend for an energy and industrial manufacturer. • Built a supplier-risk program that cut critical-vendor incidents 42 percent and lifted on-time delivery above 96 percent. • Led ESG and Scope 3 sourcing standards, adding sustainability criteria to 68 percent of strategic awards. • Sponsored S2P digital transformation on SAP Ariba and Coupa, shortening sourcing cycles from 48 days to 21 days. • Negotiated multi-year contracts that delivered 8.7 percent average savings versus should-cost models. • Established category councils and board-level procurement reporting on savings, risk, and supplier diversity.
Vice President, Global Sourcing
Meridian Energy Equipment · Houston, TX
Jan, 2016 · Jan, 2021
• Owned global sourcing for power generation equipment, with $1.1B annual addressable spend and a 12-country supplier base. • Cut should-cost variance to 3 percent and delivered 11.2 percent savings on turbine and electrical packages. • Expanded digital sourcing on Coupa and SAP Ariba to 80 percent of RFQs, cutting cycle time by 55 percent. • Raised supplier on-time delivery from 88 percent to 97 percent through scorecards and recovery plans. • Stood up ESG screening on Scope 3 emissions and conflict minerals for strategic vendors.
Director of Strategic Sourcing
Bayline Chemicals · Houston, TX
Jan, 2011 · Jan, 2016
• Led strategic sourcing for chemicals and specialty feedstocks, covering $640M in annual spend. • Delivered 9.4 percent savings through should-cost models and competitive negotiation on key contracts. • Reduced supplier count 28 percent while improving quality yield from 92 to 96 percent. • Implemented supplier risk reviews for high-hazard categories and cut incident rate 36 percent. • Migrated RFQ and contract workflows onto SAP Ariba, reducing manual touches by 40 percent.
Senior Category Manager
Lonestar Fabrication · Houston, TX
Jan, 2007 · Jan, 2011
• Managed category spend of $180M across structural steel, machining, and outsourced fabrication. • Negotiated frame contracts that held steel price within 2 percent of should-cost for three years. • Built a local supplier bench that cut freight cost 14 percent and lead time 22 days. • Introduced supplier scorecards and closed 19 percent of low-performing vendors. • Standardized RFQ templates, cutting quote turnaround from 12 days to 5 days.

Education

MBA
Rice University Jones Graduate School of Business · Houston, TX
Sep, 2003 · May, 2005
MBA with a focus on supply chain and industrial strategy. Capstone on digital procurement and supplier risk for energy manufacturers.
BS Industrial Engineering
Texas A&M University · College Station, TX
Aug, 1999 · May, 2003
Industrial engineering degree with coursework in operations, manufacturing systems, and cost engineering. Senior project on fabrication process cost reduction.

Skills

category management
supplier risk management
contract negotiation
S2P digital transformation
should-cost modeling
ESG and Scope 3 sourcing
SAP Ariba
Coupa
spend analytics
supplier diversity
contract negotiation