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Steven Hong
Helping companies prepare for the Digital Transformation in supply chain and operations.
Professional Background
Zheng Hong is an accomplished management consultant at KPMG, specializing in supply chain management. With a career spanning over a decade, Zheng has expertly aided senior executives in elevating supply chain operations across various critical dimensions, including Supply Chain Planning & Integration, Network Redesign & Distribution, Working Capital Optimization, Inventory Strategy, Post-merger Integration, and Target Operating Model Design.
Before joining KPMG, Zheng honed his skills as a systems integration consultant with Accenture. This role paved the way for his subsequent positions in several high-profile supply chain roles at major corporations across Australia, China, and the United States. Zheng's extensive experience across diverse industries provides him with a unique competitive edge, allowing him to effectively understand and address the varying needs of his clients.
His multifaceted career includes work in various sectors such as utilities, retail & consumer goods, mining, oil & gas, and aviation. Zheng's ability to leverage cross-industry insights facilitates the design and implementation of tailored supply chain solutions that meet clients' objectives.
Education and Achievements
Zheng holds a Bachelor of Business Administration in Business Management from the Lebanese American University. He further advanced his expertise by obtaining a Master’s degree in Logistics and Supply Chain Management with Distinction from Curtin University.
Zheng's educational background complements his practical experience, enabling him to apply theoretical frameworks and methodologies in real-world scenarios effectively.
Notable Achievements
Throughout his career, Zheng has been recognized for his impactful contributions in enhancing supply chain efficiency and optimizing inventory systems. Some of his major professional achievements include:
- Annualized Savings Initiatives: Successfully delivered an annualized saving of $350K by restructuring and optimizing an organization's network inventory distribution, which included the development of a sophisticated container prioritization system.
- Container Prioritization Development: In another notable project, Zheng designed and developed a container prioritization system that facilitated the replenishment of all internationally sourced products, yielding an annualized saving of $230K.
- Surplus Inventory Identification: Utilizing his deep analytical skills, he effectively identified surplus inventory worth USD $3.9M through a thorough review of inventory structure against fleet utilization and exit plans.
- Supplier Negotiations: Demonstrating negotiation prowess, Zheng saved approximately $2 million through strategic supplier negotiations concerning the procurement of high-value rotable spares for B737-8 initial provisioning.
- Cross-functional Leadership: Zheng led a cross-functional team that achieved a 30% reduction in Minimum Order Quantity (MOQ) for Bosch Power Tools within the Asia Pacific region, highlighting his leadership capabilities and commitment to operational excellence.
Conclusion
Zheng Hong embodies a blend of education, experience, and significant achievements in the field of supply chain management. As a vital member of KPMG's supply chain consulting team, he continues to explore innovative solutions and strategies that drive value for his clients. He remains passionate about helping organizations unlock the full potential of their supply chains, believing in the mantra to "Explore • Dream • Discover!"
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