Maria Rancel Lopez (Mcips)
About Maria Rancel Lopez (Mcips)
Maria Rancel Lopez is the Head of Procurement - People and Operations at Nationwide Building Society, where she has worked since 2010. She holds an MBA from Henley Business School and has a strong track record in procurement, overseeing significant expenditures and achieving substantial savings.
Work at Nationwide Building Society
Maria Rancel Lopez has served as the Head of Procurement - People and Operations at Nationwide Building Society since 2010. In this role, she oversees an annual expenditure exceeding $230 million and has achieved savings of over $20 million. Maria successfully insourced a procurement function from India to the UK while maintaining a cost-neutral budget. She has also established forums with internal stakeholders to enhance supplier capabilities and introduce new market propositions, contributing to the organization's procurement strategy.
Education and Expertise
Maria Rancel Lopez studied at Henley Business School, where she earned a Master of Business Administration (M.B.A.) from 2014 to 2016. Her educational background supports her expertise in procurement and supply chain management, which she has applied throughout her career in various leadership roles.
Background in Supply Chain Management
Prior to her current position, Maria held several significant roles in supply chain management. She worked as the Global Supply Chain Director at Acision from 2007 to 2009 and as the Global Support Service Vendor Manager at LogicaCMG for nine months in 2006-2007. Additionally, she served as the UK & I Commodity Team Manager at Hewlett Packard from 2004 to 2006, where she focused on rationalizing indirect expenditure and reducing the supply base.
Achievements in Procurement
Throughout her career, Maria Rancel Lopez has made notable contributions to procurement and supply chain efficiency. At Hewlett Packard, she rationalized indirect expenditure by 40% and reduced the supply base from 210 to 95 suppliers. She also led an outsourcing program for R&D capabilities, enhancing productivity while managing costs. At Acision, she successfully negotiated and led the reallocation program of the company's headquarters, completing the project within budget and on time.