Michael Pritchard Email & Phone Number

Florida, United States

United States

Launched an innovative "Supplier Evaluation Program", established processes and procedures, measuring suppliers Serviceability, Quality and Cost Saving initiatives. Classifed suppliers; Elite, Developing, High Risk and Probationary. Reduced defect ratess from 15% to 1.5% for all adjustable base frames by reducing and redesigning the packaging to minimize handling, total annualized savings; $600,000. Consolidated supply base, reducing freight and material costs 40%.

Miami/Fort Lauderdale Area

• Executed Production Plan using MRP system to plan Master Production schedules based on sales forecasts, production capacities, inventory and lead times. • Launched a sourcing project due to poor quality and market conditions, improving quality and reducing material cost $200,000. • Reduced defective raw and pre-assembled materials from 18% to 5%, through collaborative root cause analysis and the implementation of a ‘Supplier Corrective Action Reporting System. • Developed dual source, reduced dependency on single source, consolidated 3rd tier sources reducing costs 12% and improving quality.

Miami/Fort Lauderdale Area

• Trained, developed and managed material handlers to perform cycle counts, FIFO inventory control and manage serialized inventory. Consistently achieved monthly departmental metrics and KPI’s.• Integrated new 3PL Logistics software, identifying the most economical routing for small package and LTL, reducing logistics costs; 2% • Achieved budgeted monthly raw material and inventory turn goals, improving cash flow 20%.

Miami/Fort Lauderdale Area

• Improved packaging distribution channels to achieve required production levels in the most cost-effective manner, reducing operations costs 23%. • Negotiated multi-million-dollar corporate purchase contracts. Established guidelines, evaluated and negotiated supplier stocking programs, payment terms, price, freight and rebates. Reduced operating costs 13%. • Sourced, negotiated and strategized cost savings initiatives resulting in over 1M in cost savings in 2018 enabling long term strategic growth.• Reduced raw material costs 72%, consolidated supply base resulting in $431,000 cost savings. • Consolidated supply base, reduced logistics and material costs; 40%. • Developed inventory and production reports, classifying inventory, identifying and reducing slow moving inventory 18%.

Greater Chicago Area

• Improved overall service levels for raw materials from 88% to 94.5%, identified unacceptable supplier OTD, initiated metrics and standards for all suppliers. • Identified deficiencies in the demand planning forecast model, through the analysis of Time series, Linear Prediction and Trend estimation forecasting, reduced the gap between forecast and demand from 20% to 3%. • Reduced top defects of raw materials from 18% to 5%, through collaborative root cause analysis and implementing a Supplier Corrective Action Reporting system.

Logistics, Materials, And Supply Chain Management

Bachelor Of Business Administration - Bba, Business Administration

Certification In Purchasing Supply Management