Michael Coffey
*** ******** **** . ********, ** 60103
Phone: 630-***-**** . Email: ****.*.******@*****.***
Senior Buyer
Sales . Operations . Supply Chain & Procurement
Versatile, take-charge Sales Manager with 20 years in the metal working
industry having complementary experience in marketing, customer service,
procurement, and manufacturing Operations. Industries served include: Fluid
Power, Aerospace, Medical, Dental, Defense, and Automotive. Fluent Spanish.
. Drives sales from new and existing accounts with top decision makers
by leveraging expert product knowledge and broad understanding of
blueprints and their specifications, customers, markets, and product
applications.
. Expert at lead generation, conflict resolution, and closing major
business deals.
. Leverages experience with ERP, MRP, CRM software, just-in-time (JIT),
and Lean manufacturing.
. Develops new sources for products and services that consistently
enhance quality while lowering finished product costs.
. Consistently enhances efficiency in operations by analyzing existing
processes, implementing improvements, light engineering to enhance
customer and company profitability through extensive knowledge of
metals and finishing treatments, and promoting excellent employee
relations.
. Successfully ran L.D. Redmer for four months during temporary absence
of Vice President (medical leave). Resolved HR issues, redesigned
processes that eliminated purchase-order confusion, and single-
handedly increased sales.
CORE COMPETENCIES
New Business Development Post-sale Support Cost Reduction
Product Pricing Referrals / Prospecting Operations
Cold Calling & Lead Inventory Control Light Engineering
Generation Outsourcing AP / AR
Customer Service Purchasing Cost/Benefit Analysis
Contract Negotiations CRM Software Cost Cutting
including Government (Salesforce.com)
PROFESSIONAL EXPERIENCE
Banner Service Corporation, Carol Stream, Il 5-2012/6-2013
Provider of metal bars ground for: tight tolerance, good finish, and
straightness. Bars are used for machining of parts used in: aerospace,
medical, and industrial applications. Approximately $70 million annual
sales and 130 employees located in 3 locations.
Product Manager - Machined Parts
Design and implement marketing plan for Regional Sales Managers to solicit
Machined Parts Opportunities from Existing Bar Customers and Develop
Additional New Parts Opportunities.
Selected Highlights for 2012-2013
. Successfully recruited qualified vendors to handle the machining of
Parts' Division orders. This includes: cold saw machine shops, swiss
CNC machine shops, other machine shops with lathes, piece-part
grinders, and numerous plating vendors.
. Completed 3 different customer Powerpoint handouts to illustrate the
advantages of having Banner Service provide material and complete
machined parts. Also created a Parts tutorial to help Regional Sales
Managers to better understand the size and scope of the market for
parts to target.
. Completed $1 million in Part sales from customers found in 1st year.
. Qualified more than 50 Prospects for raw material sales worth more
than $15 million in sales. New Bar Accounts are contributing to $1-2
MM in 2013 or greater.
. Became Certified AS9100C internal auditor in 2012.
Prince Industries, Carol Stream, IL 3-2010/5-2012
Produces high-tolerance precision machined parts fabricated parts, and
hydraulic valves for aerospace, automotive, medical, fluid control, and
electronic sectors. Approximately $20 million annual sales and 200
employees.
Account Manager
Promote customer satisfaction through timely delivery of product.
Negotiate pricing, set parameters of contracts, and promote good will by
increasing sales.
Selected Highlights for 2010-2011
. Successfully negotiated several customer shipments of product for 2-3
year old expired contracts worth $200,000 for several different
customers.
. Clarified pricing policies resulting in increased shipments and
sales.
. Turned around a $500K account and increased sales to $750K annually
. QP Hydraulics Division on-time delivery raised from 45% on-time
delivery to over 90% by correcting component counts and fixing the
build schedule.
L.D. REDMER SCREW PRODUCTS, BENSENVILLE, IL 5-1993/9-2009
Produces high-tolerance precision machined parts for aerospace, military,
medical, fluid control, and electronic sectors. Approximately $4 million
annual sales and 55 employees.
Assistant Vice President
Initially Hired for outside sales and - during subsequent 16 years - took
charge of additional functions including sales, collections, purchasing,
customer service, and special projects. Actively involved with all major
decisions including acquisition of three companies.
Selected Highlights for 1993-2009
. Grew 50% of total company sales ($2 million annually) via cold calls,
networking, and collaboration with 150 existing customers.
. Starting with one cold call, grew account to $1 million annually.
. Opened a new account via a buyer that contacted me 6 years later from
previous position at existing customer. Started at $150K annually and
growing.
. Purchasing: reduced raw-material inventory by 30%, cut outside service
costs by 25% by qualifying new vendors.
. Implemented Electronic Invoicing System that cut mailing costs 50%.
. Drove new business with existing accounts in China. Used language
skills to win new business in Costa Rica and Mexico.
Planner/Buyer
Oversaw procurement for $20K monthly purchases of raw materials used in
machining of components. Purchased rod material for plastic, steel,
copper alloy, and aluminum. Reduced material purchases by 30% after
taking over purchasing role.
. Achieved best price - based on a minimum weight - by consolidating
like material from several different work orders. Used 13 years'
experience to gauge suitability of existing inventory before ordering
new materials.
. Continually evaluated performance of metal-service centers regarding
price, terms, quality, and delivery.
. Sold surplus material - sometimes double the book value - during price
spikes for raw material. Surplus material accumulated over 35 years
and was sold in stages: copper alloys (2005), stainless steel (2006),
and aluminum and steel alloys (2008)
. Selected qualified vendors based on price, quality, and delivery in a
close geographical area to the factory if possible in order to
eliminate wasteful shipping charges.
. Successfully negotiated major sales contract with 200 plus machined
parts worth $250,000 annually and growing. Sourced all raw material,
outside services, and plating. Coordinated all scheduling of
machining, delivery dates, PPAP submission, and individual piece part
pricing.
Outside Sales, New Business Development, and Marketing
Successfully increased sales in down economy. Leveraged long-term
goodwill of customer base into positive referrals that led to new
accounts.
. Successfully prospected and closed sales from new accounts: $780K in
2006; $950K in 2007; and $995K in 2008.
. Reinvigorated neglected accounts. Used Spanish skills to win business
in Latin America. Persistently networked with vendors and existing
customers.
. Managed sales and account transitions from acquired companies:
Rockford Hardware (2000), Tanko Screw (2001), and Absolute Precision
(2003).
. individual piece part pricing.
Inside Sales/Customer Service
Acted as point person for all customer interaction and follow up.
Evaluated customer-furnished prints, gathered requirements from
customers, and presented options. Decided what type of material to use,
based on particular application. Sent quotations to customers with
pricing, estimated delivery, and charges for special tooling. Followed-up
with in-house buyer to assess competitiveness of quote and status of
project. Coordinated with factory supervisor.
Collections
Negotiated terms of payment with customers in both Spanish and English to
ensure payment of no less than 60 days. Worked out payment plans with
overdue accounts; verified credit refs of new clients; and achieved
better payment terms than the industry standard (60 days).
Human Resources
Took charge of sensitive personnel issues in a frank, open, and
respectful manner. Typically offered several solutions to a problem and
achieved the best possible outcome via compromise. Resolved disputes
between department heads. Integrated personnel from acquired companies
into L.D. Redmer operations and sales.
EDUCATION
B.S., Indiana University, Bloomington, IN
Dual degrees: B.S. in Political Science and B.A. in Spanish
Fluent in Spanish . Extensive travel throughout Mexico
A.A.S., Elgin Community College, Elgin, IL, Computer Science
Dale Carnegie Course on Human Relations completed 2011