Martin Rumlich

• dsm-firmenich (DSFIR), Euronext Amsterdam (AEX): A leading global innovator in nutrition, health, and beauty, formed through the 2023 merger of DSM and Firmenich. The company operates with 30,000 employees across 340 sites worldwide.
• Team Leadership: Founded and centralized an international Supply Chain Finance team at the group level in Barcelona, composed of seven direct reports. This team supports critical functions including Group Planning, Group Logistics, and Group Customer Service. Selected Barcelona as the strategic location to attract young, talented professionals, enhancing the team’s innovative capacity and skill set. Created an agile working environment, enabling rapid response to changing business needs.
• Executive Collaboration and Influence: Partnered with the SVP of Transformation and Supply Chain, demonstrating key capabilities in coordination, socialization, communication, and influencing, essential for driving change and alignment within the Supply Chain Leadership Team. Developed strong relationships with all key stakeholders, fostering collaboration and mutual growth opportunities.
• Innovative Data Management: Recruited a data analyst to expedite data harmonization and standardize reporting across merged legacy systems, enhancing analytical capabilities.
• Financial Tools and Transparency: Designed and implemented the dsm-firmenich Consolidated Logistics Cost Dashboard, leveraging Power BI to significantly enhance transparency and drive logistics cost optimization efforts.
• Significant Cost Reductions: Provided financial support in reducing logistics costs by €80 million within one year, surpassing the synergy target of €100 million by delivering €118 million in savings over two years—achieving goals one year ahead of schedule.
• Inventory Optimization: Provided critical support for inventory management by supplying SKU-based financial data, facilitating detailed inventory valuation, blocked stock analysis, and standardized write-off postings.
• Project Leadership: Supported a group-led project on inventory optimization and the definition of Supply Chain Archetypes, aligning closely with logistic cost optimization initiatives.
• Divestiture Support: Facilitated two divestiture projects from an inventory valuation perspective.
• Future Focus: Focused on executing further optimization and harmonization initiatives to drive continued value and efficiency within operations.

Supply Chain Management & Inventory Optimization:

• TRINSEO (U.S.: NYSE)

Leadership & Team Management

• Managed a product portfolio with ~3,500 SKUs; Trade Sales: $1.2B.
• Oversaw assets across 9 global production locations: 2 in North America (NA), 4 in Europe & Africa (EA), 3 in Asia Pacific & Australia (PA).
• Led a global team of 18 headcounts (HCs), including 3 direct reports.
• Served as a member of the Business Leadership Team.
• Maintained business continuity; effectively mitigated risks from global disruptions like COVID-19, Suez Canal blockage, and logistics capacity constraints.
• Oversaw SOX and compliance control responsibilities, ensuring adherence to regulatory guidelines.

Process Standardization & Operational Efficiency

• Implemented Sales and Operations Planning (SOP) and Sales and Execution (SOE); led monthly Global Management Business Review cycles.
• Executed Inventory Health initiative (Runner, Repeater, Stranger concept) with a focus on demand-driven supply and SAP MRP.
• Pioneered EA terminal optimization, aligning Sales and Logistics for direct customer supply transition.

Financial & Strategic Impact

• Generated a $40M uplift in Operating Cash Flow via inventory optimization.
• Implemented Global Business Service Standards across the organization.

Mergers & Acquisitions and Systems Integration

• Integrated Arkema (PMMA) and API Mussolente into TRINSEO Engineered Material Supply Chain.
• Served as the Supply Chain lead for 1.5 years in the S/4 HANA implementation across all 7 PMMA sites; handled Change Management.
• Supply Chain Lead of Synthetic Rubber business divesture.
• Spearheaded cross-functional projects in collaboration with Commercial, Operations, Purchasing, Finance for initiatives like Asset Localization in China, Asset Optimization in Sheet NA, Toll Manufacturing contract renewals, and Production Scheduling tool implementation.

Technology & Data Management

• Implemented Demand Planning using Logility in PMMA for NA and initiated preparations for EA.
• Managed Supply Chain KPI reporting; ensured data integrity across 4 different reporting systems.

Global Procurement and Supply Chain Controlling, Project Management:

• TRINSEO (U.S.: NYSE)

Leadership & Team Development

• Member of the Global Supply Chain and Purchasing Leadership Team.
• Successfully established the Supply Chain and Procurement Finance Team, standardizing Controlling processes, KPIs, and associated tools.
• Oversaw SOX and compliance control responsibilities, ensuring adherence to regulatory guidelines.

Financial Management & Procurement

• Managed $2.9 billion of procurement expenditure across 6,600 vendors.
• Conducted month-end closing in compliance with US-GAAP; performed result variance analysis & reporting.
• Spearheaded monthly forecasting processes and modelling.
• Led the annual budgeting process, focusing on Purchasing and Supply Chain excellence projects, including cost-saving vs. cost-avoidance evaluations and approvals.
• Led and participated in production site cost deep dives and benchmarks, providing actionable insights for cost optimization.

Supply Chain Operations

• Orchestrated supply chain operations with a total cost-to-serve expenditure of around $230M.
• Implemented inventory and cost-to-serve optimization models.
• Led the standardization of Supply Chain Reporting, defining key performance indicators (KPIs) across the value chain; developed Power BI dashboards for data-driven decision-making.

Inventory & Logistics Optimization

• Executed inventory diagnostics, categorization, and optimization of actionable SKUs.
• Developed and implemented a geographical freight lane visualization tool, resulting in cost savings through inefficiency avoidance.
• Conducted direct/indirect spend analysis for Raw Materials and Logistics costs, such as Freight-in/Outbound, 3PL Warehousing, and Packaging.

Contract & Price Management

• Analyzed and aligned Raw Material (RM) price formulas with customer price formulas, optimizing timing; aligned supplier incoterms where possible.
• Validated and approved purchasing contracts.

Corporate Finance & Project Management:

• TRINSEO (U.S.: NYSE)

Leadership & Team Management

• Global Finance Manager for Strategic Business Unit Performance Plastics (Automotive and Consumer Essential Markets), with ~$700MM in sales.
• Strategic Business Partner to Business Director; Member of global and regional business management teams.
• Led a team of 2 Financial Analysts (direct reports).
• Trained new and existing staff members in various financial procedures to prepare for job requirements.
• Oversaw SOX and compliance control responsibilities, ensuring adherence to regulatory guidelines.

Financial Planning & Analysis

• Managed short- and long-term forecasting/planning (P&L, B/S, and C/F), aligning with strategic and operational plans.
• Conducted complex financial modeling and analyses.
• Handled financial closing under US GAAP, results analysis, mix variance analysis, and forecast updates.
• Actionable decision making support (volume- & price elasticity, margin- & profitability analysis).

Inventory & Operational Controlling

• Oversaw inventory evaluation (FIFO) and management of obsolete and slow-moving inventory.
• Controlled CapEx and OpEx processes.
• Production plant cost deep dive and benchmark analysis.
• Defined and implemented management transfer pricing.

Strategic Planning & Contract Negotiations

• Supported annual sales contract negotiations and strategic planning, including customer profitability and mix analyses.
• Evaluated, approved, and reported on R&D and Stage Gate pipeline projects.

Working Capital & Asset Management

• Working Capital analysis and improvement.
• Led due diligence and financial evaluations of asset acquisition and divestiture projects.

Project Leadership

• Spearheaded a $25MM brownfield CapEx investment (compounding plant) in the Netherlands, handling contract negotiations, engineering, finance, and supply chain.
• Conducted due diligence for a $20MM asset acquisition in Germany.
• Served as Finance workstream manager for a $30MM asset expansion in Zhangjiagang, China.
• Managed the divestiture of the Brazil business.
• Led the project for standardizing financial reporting across all regions and businesses.

Finance & Project Management:

• HOERBIGER: ~1bn EUR sales, 6800 employees

Team Leadership & Management

• Led a team of 2 junior controllers.
• Conducted continuous development training for local controller in Corporate Finance topics.

Financial Reporting & Analysis

• Managed financial closing under IFRS and executed monthly variance analysis for the Automotive division.
• Conducted DCF/ROCE performance reviews across all divisions.

Forecasting & Planning

• Spearheaded the introduction of a group-wide forecasting process.
• Led long-term and mid-range planning processes.
• Took charge of initiative planning, employing simulations for scenario assessment and planning risk aggregation.
• Performed financial assessments of various business plans, including new products, growth projects, and customer service initiatives.
• EBIT@Risk project lead; Monte Carlo simulation of P/L plan.

Project Management & Strategic Initiatives

• Globally managed a planning software project with a scope covering 70 legal entities, including sales, cost, P&L, B/S, and C/F planning.
• Redefined the HOERBIGER reporting landscape.
• Developed a corporate benchmark database for financial KPIs based on defined peer group companies.

Controlling process implementation and Turnaround Management:

Leadership & Team Management

• Led a team of 5 direct reports

Financial Controlling & Reporting

• Redesigned and implemented cost center and cost object structures for enhanced financial controlling.
• Conducted month-end and year-end closing processes in accordance with IFRS.
• Managed monthly results reporting and variance analysis.

Project & Turnaround Management

• Spearheaded Turnaround Management initiatives.
• ERP system implementation.
• Member of the IPO team preparing the parent company's public listing on the LSE.

Process Optimization

• Streamlined processes in Purchasing, Invoicing, and Warehouse and Logistics.

Production & Revenue Management

• Oversaw production planning activities.
• Managed aircraft revenue recognition and project controlling.

Liquidity & Cash Management

• Conducted weekly cash flow forecasting and bank reconciliation.
• Managed currency transactions, as well as creditor and debtor management.

• Financial consulting of distressed VR-bank customer accounts.
• Turnaround Management

• Strategic Management & Financial Management
• Financial Valuation
• Treasury & Funding with loans and securities
• Restructuring and Recovery Management
• Mergers & Acquisitions
• Leadership

• Engineering Fundamentals
• Business & Economics
• Operations & Supply Chain
• Data & Analytics
• Information Technology
• Legal & Ethics
• Interdisciplinary & Special Topics
• Soft Skills