MICHAEL PRITCHARDPURCHASING/MATERIALS MANAGER

MICHAEL PRITCHARDPURCHASING/MATERIALS MANAGER

CAREER FOCUS

Manage and create projects utilizing my abilities to improve efficiencies in operations, procurement, supplier management, logistics, lean manufacturing and distribution. Determined to implement innovative solutions, develop processes, policies and procedures for cost reduction. Skilled in developing strategies that increase the companies bargaining position, particularly effective in negotiations, that strengthens the company’s bottom line.

SKILLS/QUALIFICATIONS

SUPPLIER MANAGEMENT MATERIALS MANAGEMENT LEAN MANUFACTURING FORECASTING PURCHASING STAFF MANAGEMENT CONTRACT NEGOTIATION INVENTORY CONTROL COST CONTROL STRATEGIC SOURCING (MRP) MATERIALS RESOURCE PLANNING (ERP) ENTERPRISE RESOURCE PLANNING

PERFORMANCE HIGHLIGHTS

Management of supply chain department, developing personnel’s skills, providing maximum potential of staff. Directed staff in analyzing potential cost saving opportunities. Guided staff to achieve strategic goals of the organization.

Negotiated multi-million dollar corporate purchase contracts. Established guidelines. Evaluated and negotiated supplier stocking programs, payment terms, price, freight, and rebates. Reduced operating costs 20%.

PERFORMANCE HIGHLIGHTS

Strategically sourced raw materials, commodities/subassemblies internationally and domestically. Reduced costs of materials 30%.

Developed supply chain metrics designed to improve efficiency, and profitability. Improved fill rates, inventory turns, carrying costs and inventory accuracy. Increased customer service levels to 98%.

 

PERFORMANCE HIGHLIGHTS

Consolidated supply base through the evaluation, and elimination of redundant product lines, and conducting competitive quoting. Strengthened corporate purchasing through identifying mergers. Led negotiations to reduce administrative and material costs. Reduced cost of materials 25%.

Designed a seasonal forecast model for a three billion dollar corporation, using Kanban and flexible forecasting models. Organized data for analysis of seasonal trends. Planned and organized product delivery schedules. Improved customer service 15%, and decreased year-end inventory 20%.

PERFORMANCE HIGHLIGHTS

Created effective exception reports designed to control operating costs. Reduced material, freight, administrative, and customer satisfaction costs 15%.

Developed innovative “Supplier Value Improvement” program, reducing lead times, improving quality and service.

EXPERIENCE2005-2008ADHESIVES TECHNOLOGY CORPORATIONPompano Beach, FL MATERIAL RESOURCE PLANNING MANAGER Planned production schedules based on monthly sales forecasts, achieved corporate strategic service

level targets. Created/Planned and executed quarterly physical inventories, achieved goals of inventory variance

reductions of 20% quarterly. Improved data integrity 30% with better cycle performance and audits. Monitored/Adjusted re-order points and safety stock based on weighted average lead times and

seasonality of product lines. Developed/trained staff to utilize FIFO inventory system. Globally sourced raw chemicals from the Czech Republic and China, reducing raw material costs

10%. Negotiated service and procurement contracts to achieve strategic organizational goals. Sourced/Negotiated domestic stocking warehouses, reducing costs $75,000 annually. Directed strategic planning of operations, staffing, capacity planning, and performance of material

movement. Created/Implemented production schedule, improving manufacturing efficiencies. Implemented lean manufacturing principles utilizing master schedules and standardized work

processes, improving efficiencies 25%. Redesigned “Bill of Materials” improving inventory integrity. MRP software experience, FAS PAC. Consolidated suppliers, reduced supply base 25%. Created/developed standard operating procedures to maintain the integrity of the inventory. Eliminated excess inventory 30%.

EXPERIENCE

2002-2005GRAYMILLS CORPORATIONChicago, IL MATERIALS MANAGER Globally sourced motors from Mexico and China, reducing cost of

materials 35%. Globally sourced castings from China, reducing raw material costs

30%. Developed/Established departmental purchasing goals. Responsible

for preparing recommended solutions to reduce operating costs. Designed/Created databases, and spreadsheets to evaluate

suppliers’ performance based on industry standards. Collected and queried data to analysis.

Prepared reports that improved procurements ability to negotiate.    

EXPERIENCE1990-2002McMASTER-CARR SUPPLY COMPANYElmhurst, IL PRODUCT MANAGER Formulated blanket purchase contracts with national accounts. Initiated, formalized, and

negotiated annual stocking programs. Initiated strategies to improve product quality, customer service, and cost. Analyzed, evaluated

new sources, and uncovered hidden markets. Developed/Created sourcing strategies designed to reduce costs, improve quality and

serviceability. Instrumental in the product positioning of product lines to the McMaster-Carr catalog. Forecasted growth of new product lines based on the growth of associated products. Negotiated annual return policies of slow moving/excess materials to suppliers.  PURCHASING AGENT Utilized statistical forecasting methods; regression analysis and exponential smoothing to

determine the optimal forecast for seasonal data. Created, and led a forecasting presentation to communicate the benefits of seasonal forecasting

to corporate personnel. Demonstrated how the benefits of seasonal planning will improve corporate profit.

Excelled with the procurement of product lines, inventory control procedures, forecasting and eliminating waste.

Developed standards, and procedures for training new supply personnel.

EXPERIENCE

1987-1990TRU-SERVE CORPORATION Chicago, IL INVENTORY CONTROL ANALYST

Analyzed and reduced inventory levels

while increasing inventory turnover ratio, and serviceability for fifteen domestic distribution centers.

EDUCATIONROOSEVELT UNIVERSITY Chicago, Illinois

MASTER OF BUSINESS ADMINISTRATION, OPERATIONS RESEARCH

NORTHEASTERN ILLINOIS UNIVERSITY Chicago, Illinois BACHELOR OF SCIENCE, BUSINESS MANAGEMENT MAJOR WITH MARKETING MINOR

WILLIAM RAINEY HARPER COMMUNITY COLLEGE Palatine, IllinoisBUSINESS OFFICE SOFTWARE SKILLS CERTIFICATE

CPM and APICS Certification in process.