Michael Grimaldi
Director Global Sourcing
Michael Grimaldi is an accomplished supply chain and procurement professional with over 20 years of experience driving strategic sourcing initiatives and optimizing global supply chains. In his current role as the Director of Global Sourcing at Life is Good, he is responsible for leading a team of sourcing specialists to identify and onboard new suppliers, negotiate favorable contract terms, and implement cost-saving measures across the company's diverse product portfolio.
Professional Overview
Michael has deep expertise in the apparel, footwear, and consumer goods industries, having held leadership positions at renowned brands such as Biogen, ASICS, '47, Adidas, and Reebok. His versatile background encompasses a wide range of responsibilities, including program management, supply chain project management, strategic sourcing, and supplier development.
Experience Summary
Current Role
As the Director of Global Sourcing at Life is Good, Michael oversees the company's worldwide supplier network, ensuring the timely delivery of high-quality products that meet the brand's exacting standards. He collaborates closely with cross-functional teams to identify and mitigate potential supply chain risks, implement cost-saving initiatives, and drive continuous improvement across the procurement function.
Under Michael's leadership, Life is Good has successfully diversified its supplier base, expanded into new markets, and achieved significant cost savings, all while maintaining the brand's commitment to ethical and sustainable sourcing practices.
Career Progression
Prior to joining Life is Good, Michael served as a Program Manager for Biosimilars at Biogen, where he managed the successful launch of several new biologic products. He also held the role of Supply Chain Launch Project Manager for Aduhelm (Aducanumab), Biogen's groundbreaking Alzheimer's treatment.
Earlier in his career, Michael held senior sourcing and supply chain roles at ASICS America, '47, and Adidas Group, where he leveraged his expertise in strategic sourcing, supplier development, and operational excellence to drive tangible business results.
Academic Background
Michael holds a Bachelor of Science degree in Business Administration from the University of Massachusetts Amherst, with a concentration in Operations Management and Supply Chain.
Areas of Expertise
- Strategic sourcing and supplier management
- Global supply chain optimization
- Procurement process improvement
- Cost reduction and cost savings initiatives
- Supplier risk assessment and mitigation
- Cross-functional collaboration and project management
Professional Impact
Throughout his career, Michael has demonstrated a proven track record of delivering measurable results for the organizations he has served. His contributions include:
- Spearheading a 15% reduction in total procurement costs at ASICS America through strategic supplier negotiations and process improvements
- Leading the successful launch of Biogen's Aduhelm (Aducanumab) product, ensuring the timely delivery of critical materials and components
- Diversifying the supplier base at '47, resulting in a 20% increase in supply chain resilience and a 12% reduction in lead times
- Developing and implementing advanced supply chain analytics and forecasting models at Adidas Group, enabling more accurate demand planning and inventory management
Conclusion
With his extensive experience, proven leadership abilities, and deep industry expertise, Michael Grimaldi is well-positioned to drive continued success and innovation in his role as the Director of Global Sourcing at Life is Good. His strategic approach to procurement and supply chain management, combined with his commitment to sustainable and ethical sourcing practices, make him a valuable asset to the organization.
