MICHAEL J. FRICOT

* ******** ******* ***** ***. *12

Nashua, NH 03062

ac5kd8@r.postjobfree.com

Home 603-***-****

Cell 603-***-****

SUMMARY

Experienced procurement professional skilled in managing material and service needs for companies. Proven ability to improve processes, manage strategic suppliers, control costs and communicate with internal and external stakeholders to ensure that procurement goals are met

Core Knowledge and Skills:

* Strategic sourcing * Supplier management * ERP knowledge

* Customer satisfaction * Problem solving * Technical expertise

* Manufacturing experience * Price negotiation * Cost reduction

PROFESSIONAL EXPERIENCE

CHARLES STARK DRAPER LABORATORY, Cambridge, MA June 2014- May 2018

Buyer

* Sourced all capital equipment needs for Draper Lab: lasers, 3D printers, wafer processing equipment, sputtering systems/targets, plasma etch machines and wafers for production

* Point person for submitting RFQs for renewal of all strategic supplier agreements

* Member of purchasing/contracts team that prepared for and successfully passed CPSR audit

* Procured all servers, desktops, laptops and RSA tokens for IT department

* Assisted Draper’s customs agent in obtaining documents needed for overseas orders to

clear customs

* Surpassed my KPI goal for cost savings by over $80K over four years

* Placed orders for injection molded parts with select suppliers for rapid prototypes needed

* Performed financial/debarment check on all new customers per government/company

regulations

CHARLES STARK DRAPER LABORATORY, Cambridge, MA June 2013- Nov 2013

Buyer (contract position)

* Placed purchase orders for: printed circuit boards, cables, IT equipment, software, chemicals, maintenance/service contracts and MRO supplies

* Justified source and price for all orders over $3000 micro-purchasing threshold

* Consulted with contract administrators to ensure orders met contract requirements

* Negotiated terms/conditions with suppliers in order to obtain more favorable payment terms

* Assisted Accounts Payable in getting invoices approved for payment by Program Managers

ABT ASSOCIATES, INC., Cambridge, MA February 2002- Dec 2009

Sr. Buyer

* Purchased all domestic items for four locations with total spend of $20 million

* Negotiated pricing for office supplies with distributors resulting in savings of 10 %

for all items under contract

* Saved 15 % on software licensing by negotiating volume pricing with software vendors

* Refined purchasing process which reduced order placement time by 50 %

* Sent out Invitations for Bid (IFB) for vehicles, IT equipment needed for satellite offices in foreign countries and medical supplies needed for overseas USAID contracts

Michael J. Fricot Page 2 ac5kd8@r.postjobfree.com

Xcerra (LTX Corporation), Westford, MA Dec 1998- Sept 2001

Buyer

* Managed cable/harness commodity during introduction of new IC testers to the marketplace

* Assisted engineering in auditing potential cable suppliers in order to increase supplier base

* Worked with major cable supplier in achieving 97 % on-time delivery of custom cables

* Participated on/leader of Quality Improvement Teams (QITs) targeting cost savings

* Purchased active/passive ICs (FPGAS, flash memory, EEPROMS, resistors)

Teradyne, Inc. North Reading, MA Jan 1997-Feb 1998

Buyer/Planner (contract position)

* Planned manufacture of printed circuit boards for various Automatic Test Equipment

* Attended daily production meetings to give status on boards needed to complete system

* Expedited critical purchase orders needed by purchasing department

Axcelis Technologies, Inc. (Eaton Semiconductor), Beverly, MA Jan 1995- July 1996

Supplier/Scheduler

* Scheduled material needed for three cells for manufacture of Ion implanters on a just in time basis

* Expedited consumable materials for all Ion implanters in production

* Assisted buyers with expediting material and returning discrepant material to suppliers

RELEVANT PROFESSIONAL EXPERIENCE

RAYTHEON COMPANY, Waltham, MA

MRP Planner 1992-1993

* Released kits for MILSTAR, MILSPEC, NESP, PATRIOT and DGM programs

* Trained other department members in use of new MRP system

* Consulted engineering before releasing new parts to production floor

* Responsible for building of critical boards for new Patriot missile needed for

Gulf War to shoot down SCUD missiles.

Production Control Coordinator 1987-1991

* Responsible for fabrication of bare printed circuit boards for various government programs

* Worked with engineering to increase yields on labor intensive metal-core boards by 60 %

* Congratulated by plant manager for helping company win $500K in follow-on contracts in competition with other companies

PROFESSIONAL DEVELOPMENT/ERP/MRP EXPERIENCE

* Bachelor of Science in Mathematics from Framingham State University

* (CPSM) Certified Professional in Supply Management with the ISM from 2012 to 2015

* APICS certified in MRP/CRP and Just-in-Time Manufacturing (1995)

* ERP/MRP software experience: Oracle 11i/R12, Deltek Costpoint, Peoplesoft, ASK MANMAN, Chess (Glovia), Minx, MAC-PAC/D

* VP of Administration with Boston Chapter of APICS for twenty years (1994-2014)

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