Baldor Electric executive recognized for excellence in manufacturing

The Washington, DC-based Manufacturing Institute awarded Amy Lakin, executive vice-president of Supply Chain for Fort Smith, AR-based Baldor Electric Company, with the Women in Manufacturing STEP Ahead Award. The STEP (Science, Technology, Engineering and Production) Ahead Award honors women who have demonstrated excellence and leadership in their careers and represent all levels of the manufacturing industry, from the factory-floor to the C-suite.

During her career, Lakin has worked for Rockwell Automation, Ingersoll Rand and Xerox. She has held positions with growing responsibility including industrial engineering manager, operations general manager and supply chain manager. She has a bachelor’s degree in mechanical engineering and a master’s degree in information systems.

At Baldor, Lakin is responsible for all aspects of strategic sourcing, logistics and travel, leading a team responsible for sourcing over $800 million in spending each year. In 2014, in an effort to remain competitive and strengthen the business, a heavy emphasis was placed on reducing net working capital. Lakin was instrumental in conceiving and implementing new approaches that accomplished business goals. When Baldor was acquired by ABB in 2011, her collaborative style, personal leadership and experience helped her establish key relationships, open lines of communication and facilitate the integration of Baldor into ABB.

More information on the STEP Ahead initiative is available at

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