Manager Accounts Payable

TRACY JO FRENT (LAPRATT)

** ************ *****. *************, ** 48421

abm6jc@r.postjobfree.com 810-***-**** (Home)

810-***-**** (Cell)

SUMMARY OF QUALIFICATIONS

Results oriented, decisive leader with success in new market identification, strategic thinking, and problem solving with a

comprehensive background in international & domestic purchasing, supplier and customer contact, internal & external

customers, strategic planning for both start-up and growth organizations, and accounts payable & receivable. Ability to

thoroughly research and analyze situations, propose solutions, implement projects to completion, thrives in dynamic and

fluid environments while remaining pragmatic and focused. Demonstrated performance in the following areas:

PROFESSIONAL EXPERIENCE

Magna Powertrain August 2005 – Present

1775 Research Drive, Troy, MI 48083

Position: Purchasing Manager – Global Axle Group

• Special (6) Six month project in Mexico to lead Plant & Program Purchasing in the launch of (3) Three Transfer

Case Programs totaling a spend of over $350 Million annually. Team Leader responsibilities and hands on

interaction with colleagues to implement policies and procedures. Provided support during learning curve to

negotiate additional cost reductions with supply base. Successfully lead team to improve program profitability.

Managed requirements of Assembly, Capital & Line Equipment for all programs. Worked with Plant Engineering

and Quality to develop standardization and communization of equipment to optimize productivity and space in

plant. Adapted to Mexican culture and mentored colleagues.

• Responsible for costing new business opportunities

• Supports Program Management by completing Customer RFQ packages within customer’s timing requirements

• Program Cost Tracking responsibility

• Team Leader for Tech Reviews and Cost Saving Initiatives

• Team Leader for Cost Reduction Strategies for MPT Assembly and Manufacturing Plants

• Coordinates purchasing initiatives with MPT Strategic Purchasing

• Facilitates communication between Austria, Germany, Mexico, China, India, Russia,, South Africa, Thailand,

Brazil and Troy Axle Group Teams

• Supplier negotiation lead for all countries

• Successfully identified potential suppliers out of Russia, South Africa, Brazil and Thailand

• Develops goals and objectives for direct reports

• Supports development of Team Members in MPT Mexico

• Evaluates potential suppliers for future business

• Successfully works with Quality to identify approved suppliers

• Commodities include all chassis components, Rear Suspension Modules, Electric Rear Drive Modules, Front &

Rear Axles (Beam, Independent, Banjo), and Transfer Cases

Magna Powertrain Sept 2003 – August 2005

1650 Research Drive, Suite 300, Troy, MI 48083

Position: Program Senior Buyer

• Responsible for both Direct and Indirect Purchases

• Advanced Purchasing, Launch, and Plant Hand-off at Production

• Complete Program Buyer - Rear Suspension Modules, Front Axles & Transfer Cases

o Capital Equipment

o Components: Forgings, Castings, Rubber, Fasteners, Stampings, Plastic Injection Molding (Post Molding

Processing - Asm Intent Fixturing), Machined Forgings & Castings, Gears (Ground & Lapped) sourcing

globally including LCC (Low Cost Countries).

o Building / Facility negotiation

• Effectively reduced current Program Costs by over $1.5M

• Implemented Procedures and Department Policies

• Program Cost Tracking and Reporting

• Coordinated with European and Mexican counterparts for purchasing leverage

• Successfully sourced programs below business plan estimates

PTI Management Group, LLC., Jan 2003 – July 2003

6501 Nevada Street, Detroit, MI 48234

Position: Account Manager

• Responsible for initiating new business

• Streamlined Accounts Receivable process

• Customer Liaison

• Recruitment

• Analyzing and developing new internal tracking systems

American Axle & Manufacturing, Inc., (MSP Manufacturing Site) Aug 2001 – Jan 2003

45 Oakwood Rd., Oxford, MI 48371

Position: Purchasing Manager

• Responsible for both Direct and Indirect purchases with direct reports

• Successfully implemented AAM Oracle11i system

• Built and developed internal teams and vendor relationships

• Recognized for reducing costs and improving purchasing programs to meet corporate objectives

• Developed source agreements that contributed to increased profits by standardizing contracts and improving

purchasing programs.

• Savings of over $500,000 by adjusting previous contracts

• Implemented service contracts for the electronic circuit boards on the plant controllers

• Purchased electronic replacement parts for the Allen Bradley and Fanuc Controllers

American Axle & Manufacturing, Inc. May 1995 – Aug 2001

1840 Holbrook Ave., Detroit, MI 48212

Position: Program / Indirect Senior Buyer

• Responsible for the procurement of indirect and direct materials for an International, Tier One

Automotive driveline supplier with annual sales of $2.15 billion.

• Ensured the on-time shipment of supplier commodity materials to guarantee 100% on time delivery

of saleable goods to our customers globally.

• Composed, implemented and enforced QS/ISO9000 and 9001 procedures.

• Coordinated Preventative Maintenance team meetings for scheduling routine maintenance to reduce

downtime

• Significantly reduced OEM Machine Repair hourly repair rates and initiated monthly billing to

streamline downtime repairs.

• Commodities Included: Cutting Tools, Blueprint/Machine Detail Tooling, Gages, OEM Machine

Repair, Personnel Services, $500,000.00 or below Capital Equipment, Material Handling, Shelving, Abrasives,

Computers, Hydraulics, HVAC, Plumbing, Pneumatics, Welding Supplies, Small Motor Repair, Glass and

Induction Heat. Also purchased Prototype materials for driveline components to include: Castings, Forgings,

Machined Castings, Machined Forgings, fabricated parts of heavy plate to thin sheet metal, precision machined

components for major programs, Cold Headed, Fasteners, Wire, Plastics, Rubber, Tubing, Stampings, Springs,

Bearings, and Powdered Metal.

• Implemented Commodity Management Program for Cutting Tools, Gages, Abrasives and

Construction.

• Actively participated with the System Migration Team to successfully go from Olympic to Oracle

Databases

• Successfully assisted General Stores efforts to reduce current inventory

• Initiated buy back and supplier inventory programs

• Exceeded annual cost avoidance/cost savings initiatives for all years in department - 1999 =

$4,150,920.90; 2000 = $3,405,481.10; 2001 = $441,525.24 Note: Last of 2000 to current, I

moved to Advanced Purchasing (Prototype). Potential for Cost Savings reduced due to low volumes and

condensed timing. Cost Savings 2002 first quarter: $264,293.69

• Managed the procurement & expediting of components for individual customer programs including

cost and delivery tracking.

• Actively involved in the coordination, execution and management of Engineering, Manufacturing,

and Facility Development Programs.

• Successfully improved communications with various functional organizations, including Program

Management Teams, Engineering, Finance, and Accounts Payable.

• Utilized approved production suppliers for prototype requirements – reduced prototype costs to no

more than 4 x the production price and in some cases received prototype material at no cost.

American Axle & Manufacturing, Inc. July 1992 – May 1995

2965 Technology Drive, Rochester Hills, MI

Position: Prototype Coordinator

• Purchase Indirect Material using Delphi N/PU System (MPU185)

• Managed UAW associates and participated in daily union labor disputes

• Process all purchase requisitions including all quoting and supplier interfacing

• Coordinate supplier deliveries with customer component deliveries to ensure 100% on-time prototype

and low volume production deliveries

• Process Shipper Information including correct account number information

• Process Customer orders (Prototype and Low Volume Production)

• Daily contact with customers to ensure all component delivery requirements are met

• Quoted Customer pricing and delivery on current low volume production and prototype material

• Maintain a database of all customers’ current orders/commitment dates

• Worked with Engineering to update current Bill of Materials with add and delete sheets to

successfully build prototype front and rear axles, propshafts, linkages, and stabilizer bars

• Delivered detail-oriented precision while resourcefully meeting customer demand

• Strengthened supplier and customer partnerships by putting integrity into delivery schedule

Trialon Corporation July 1990 – July 1992

1477 Walli Strasse Blvd., Burton, MI

Position: Technical Analyst

• Data entry of all Test Incident Reports (T.I.R.) using T.I.M. System of EDSNET and Dbase

• Inventory control of all test parts received at testing facility

• Maintained weekly reports of all test orders

• Responsible for current Test Order List

• Maintaining warranty return reports for quality control using EDSNET

• Maintaining employee time sheets/vacation status

• Clerical support for Lab Supervisors

Walbro Corporation Dec 1989 – July 1992

Caro, MI

Position: Accounts Payable Clerk

• Daily entry of all invoices owed to outside suppliers

• Verification of checks and invoices

• Direct contact with collections department to ensure prompt payment without late fees

• Clerical support for Accounts Payable Director

Kelly Services Dec 1987 – Dec 1989

Saginaw, MI

Position: Secretary

• Clerical Support in a number of different positions at Saginaw Division

• Maintaining employee time sheets/vacation status

• Other assignments in the Law, Medical and Banking industries

Additional Education:

Karrass Effective Negotiating, Z-Score, Risk Analysis, Quick & Accurate Price, Cost Performance &

Financial Analysis, Leadership Training, and Team Building Workshops. Currently studying CPM modules

To attain CPM certification.

References available upon request

Contact this candidate