Peter Friddle

Peter Friddle Email and Phone Number

Helping molders, mold builders, and OEMs streamline the mold building process | COO, Progressive Components @ Progressive Components
Peter Friddle's Location
Wauconda, Illinois, United States, United States
About Peter Friddle

For more than 25 years, we have worked alongside our customers ― molders, mold builders, and OEMs — to help them solve their technical problems, streamline the mold building process, reduce cost, and minimize downtime.With more than 20 years experience in global operations, sales, and marketing for online and retail-oriented companies, I work directly with customers, sales, marketing, and product development teams to implement our strategic vision so that we can best serve our customers. Bringing customers together, connecting people, and serving as industry leaders is why we attend or host more than 200 trade shows, outings, and events each year. We believe in supporting our industry and forging strong relationships with our customers. This helps us to better understand how to address their unique needs and opportunities to increase efficiency and profitability.Progressive Components, headquartered near Chicago, Illinois is the only American owned, independently operated developer and distributor of componentry and software for the injection mold industry. Off-the-shelf standards designed to speed mold building and reduce costs and downtime are provided throughout a network of locations including regional hubs in England and Singapore. We also have channel partners that span the globe from India to South Africa, Italy to Taiwan, and all points in between.Each of our customers ― molders, mold builders, and OEMs — work with us because they value our expertise, product excellence, and long-standing partnership.Learn more about Progressive Components and find design guidelines, technical information, product animations, videos, and many resource tools and calculators at procomps.com.Specialties for Molders and Mold Builders:Ejector Pins, Core Pins, Sleeves, Mold Alignment Components, Undercut Release Mechanisms, Parting Line Sequence Control, Mold Cooling Components, Electrical Connectors & Switches, Rapid Tooling Inserts, and Mold Monitoring Technologies

Peter Friddle's Current Company Details
Progressive Components

Progressive Components

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Helping molders, mold builders, and OEMs streamline the mold building process | COO, Progressive Components
Peter Friddle Work Experience Details
  • Progressive Components
    Chief Operating Officer
    Progressive Components Apr 2024 - Present
    Wauconda, Il, Us
    Driving strategic direction and operational excellence for the organization, ensuring alignment with board objectives and initiatives. Overseeing executive leadership to achieve key performance indicators.
  • Progressive Components
    Vice President
    Progressive Components Jan 2015 - Aug 2024
    Wauconda, Il, Us
    Working with people who are committed to their craft and work to build a great place to work are among the reasons I joined Progressive Components. Whether it’s aligning business units, developing strategic partnerships with customers, channel partners or our internal teams, I am passionate about leading by example, committing the time and energy needed to make a difference in the lives of our customers, employees, and shareholders.Specialties: Operations: Logistics, supply chain, and inventory management, safety, project managementMarketing and Sales: Relationship management, customer experience, marketing automation Finance: accounting and budgeting, profit and loss, pricing, purchasing, contract management
  • Progressive Components
    General Manager
    Progressive Components Nov 2013 - Jan 2015
    Wauconda, Il, Us
  • Petstages
    Chief Executive Officer
    Petstages Sep 2011 - Aug 2013
    Lead and direct a talented group of individuals in the execution of strategy in the exciting, growing pet industry.
  • Henri Studio
    President
    Henri Studio Jan 2006 - Aug 2011
    Us
    Set rigorous objectives and execute operations through 30 staff and 200 hourly employees. Oversee the division's operations, profit and loss, and sales while reporting to a board of directors; lead teams in advancement of sales, operations, customer service, accounting, product development, and marketing activities. Devise strategies to expand market presence, maximize capture of market opportunities, and enhance competitive advantages. Notable Accomplishments:Cultivated key relationships and negotiated the purchase of the business in 2008.Reduced break even sales by $6 million; slashed from over $20 million to less than $14 million. Leveraged business relationships in securing bank financing.Key Accomplishments:Spearheaded the strategic consolidation of facilities; moved from two 80,000 square foot buildings to one 80,000 square foot manufacturing facility. Developed and operated a sculpting facility and showroom to enhance product development and design.Decreased the total SKU count by more than 50% through streamlining a bloated product line.Implemented a highly effective pricing model and increased the product line GM from 31% to 40%. Eliminated 75% of the storage space required; reduced from ten acres to two and a half by introducing a perpetual inventory storage system.Reached the industry standard of best-in-class shipping by reducing lead time down to three weeks, which was a decrease of six to eight weeks. Revised product introduction development and schedules to eliminate costly mistakes made in the field after the initial product introduction.Created an operating budget that cut fixed expenses, and when combined with margin improvements, reduced breakeven sales by over 30%.Boosted plant safety performance by over 80% through development and implementation of a comprehensive safety program.
  • L.R. Nelson, Asia
    Vp Operations
    L.R. Nelson, Asia Sep 2005 - May 2006
    2005-2006: Selected to manage the start-up of the Asian manufacturing facility through ten staff and 150 hourly employees. Relocated equipment from the United States plant in an eight-month start-up project; staffed the operation and managed daily operations. Cultivated the operation's culture to maximize success. Notable Accomplishments:Executed production equipment installations and drove sprinkler production operations to two million units per season.Designed and implemented a perpetual inventory system.Set rigorous performance expectations, devised performance measurement systems, and focused work groups on process improvements and optimal production.Chose and hired a general manager upon successful project completion.
  • L.R. Nelson Corporation
    Vice President Operations
    L.R. Nelson Corporation 2004 - 2005
    2004-2005: Directed the corporation's domestic operations, distribution, production, inventory control, and plant engineering activities through 22 staff and a production crew of 350.Notable Accomplishments:Managed production lines moves to/from the facility.Executed a strategic staff restructure in response to the needs of three marketing business units.Played a key role in site selection, leasing negotiations, and distribution model development. Designed a new budgeting process to capture the costs of the changing business model.
  • L.R. Nelson
    Distribution Manager
    L.R. Nelson 2003 - 2004
    Managed distribution of goods through third-party logistics providers and regional distribution centers, and oversaw outbound freight management as well as vendor contract negotiations. Realized significant savings for the organization through two lucrative lease negotiations. Improved inventory accuracy by designing and implementing a cycle count program. Notable Accomplishments:Reduced costs by 15% off-season by developing a distribution labor efficiency measure.Designed and implemented the corporate strategic planning process as part of a cross-functional team.
  • L.R. Nelson Corporation
    Manufacturing Engineering Manager
    L.R. Nelson Corporation Jan 2001 - Jan 2002
    Led a team of Manufacturing Engineers, Tool Designers, and a Maintenance Supervisor; ensured plant safety and managed EPA reporting. Administered a $1 million capital budget. Instituted a strategic job progression plan for plant maintenance personnel.Notable Accomplishments:Streamlined operations by implementing the CMMS, which automated purchase orders and work order generation. Directed maintenance staff in the development of a PM system; ensured reliability and operation of critical plant equipment.Cut machine repair parts inventory by 25%.
  • Newell Window Furnishings
    New Product Development Team Manager, Production Superintendent, Senior Engineer
    Newell Window Furnishings Jan 1997 - Jan 2001
    Oversaw a team of Project Engineers, Packaging Engineers, and CAD resources with dotted line reporting from inventory control, purchasing, and quality. Notable Accomplishments:Developed a structured new product introduction process.Managed new product testing focused on manufacturability and quality.
  • Revere Ware Corporation
    Manufacturing Engineer
    Revere Ware Corporation Jun 1995 - Jan 1997
    Delivered and implemented various manufacturing engineering initiatives including cost reduction and capital improvement projects.
  • Revere Ware Corporation
    Production Supervisor
    Revere Ware Corporation Jun 1995 - Mar 1996
    Supervised a staff of approximately thirty hourly employees in a multi-shift, union environment.Participated in daily production meetings to monitor and improve plant efficiency.Gained significant leadership exposure managing in a union environment and participating in contract negotiations.

Peter Friddle Skills

Cross Functional Team Leadership Product Development Strategic Planning Strategy Operations Management Inventory Management Purchasing Management Leadership Process Improvement Manufacturing Marketing Budgets Sales New Business Development Supply Chain Team Building Negotiation Continuous Improvement Sales Operations P&l Management Budgeting Pricing Team Leadership Forecasting Contract Negotiation Start Ups Logistics Project Management Marketing Strategy Engineering Accounting Key Account Management Retail Competitive Analysis Business Planning Consumer Products Contract Management Inventory Control Supply Chain Management Customer Service Supervisory Skills P&l Shipping Income Statement Lean Manufacturing Analysis B2b International Sales Logistics Management

Peter Friddle Education Details

  • University Of Illinois Urbana-Champaign
    University Of Illinois Urbana-Champaign
    General Engineering
  • Bradley University
    Bradley University
    2003
  • Columbia College
    Columbia College
    Business Administration

Frequently Asked Questions about Peter Friddle

What company does Peter Friddle work for?

Peter Friddle works for Progressive Components

What is Peter Friddle's role at the current company?

Peter Friddle's current role is Helping molders, mold builders, and OEMs streamline the mold building process | COO, Progressive Components.

What is Peter Friddle's email address?

Peter Friddle's email address is pe****@****ail.com

What is Peter Friddle's direct phone number?

Peter Friddle's direct phone number is +184775*****

What schools did Peter Friddle attend?

Peter Friddle attended University Of Illinois Urbana-Champaign, Bradley University, Columbia College.

What are some of Peter Friddle's interests?

Peter Friddle has interest in Social Services, Children, Education, Animal Welfare, Health.

What skills is Peter Friddle known for?

Peter Friddle has skills like Cross Functional Team Leadership, Product Development, Strategic Planning, Strategy, Operations Management, Inventory Management, Purchasing, Management, Leadership, Process Improvement, Manufacturing, Marketing.

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