Mike Ritter
Mississauga,Canada
Summary
A seasoned Supply Chain Leader with a proven track record at Creation Technologies, adept in Supplier Relationship Management and Team Leadership. Achieved a significant $10M inventory reduction and fostered strong supplier partnerships. Excelled in leveraging Oracle and Rapid Response to enhance supply chain efficiency, embodying analytical thinking and problem-solving prowess.
Supply Chain Professional with a demonstrated ability to resolve technical issues effectively. Experienced in managing supplier development efforts, ensuring compliance with specifications and acting as liaison with critical suppliers. Known for working effectively with all levels of management in a cross-multifunction team environment.
Overview
18
18
years of professional experience
Work History
Supply Chain Leader
Creation Technologies
04.2023 - 05.2024
- Site responsibility for Demand Planning, Buying and Inventory within the site
- Supervised 8 staff members tasked with handling materials management, planning and purchasing; including two functional leaders.
- Responsible for ensuring the Supply Chain function adhered to regulatory requirements for ISO 9001:2018, AS9100D, FDA
- Collaborate with other Supply Chain Leaders across the company to share best practices which could help support the corporate objectives
- Monitored and tracked supplier performance to enforce adherence to quality standards and established timelines.
- Improved supply chain efficiency by streamlining processes and implementing cost-saving measures.
- Collaborated with internal teams to improve outputs to meet demand and supply requirements, ensuring inventory integrity targets for finished goods.
Regional Buying Leader/Site Buying Leader
Creation Technologies
10.2017 - 04.2023
- Managed a team of 13 procurement professionals, fostering collaboration and teamwork to achieve organizational goals across two sites.
- Resolved invoice and payment issues to facilitate prompt payment to suppliers.
- Conducted spend analysis to identify cost-saving opportunities.
- Facilitate resource allocation through the Mexico purchasing team
- Primary material escalation contact for Site and Customers.
- Leverage system capabilities to enhance team success and throughput (Oracle, Rapid, Data Loader)
- Analyze and report out on procurement trends and Key Performance Indicators (KPIs)
- Achieved aggressive cost reduction targets in 2021 ($3.5M)
- Analyzed spending patterns to identify opportunities for cost savings and efficiency improvements.
- Supported onboarding process training new Demand Planners
- Utilized market intelligence to identify opportunities for savings and cost reduction.
Procurement Leader
10.2017 - 12.2020
- Provide leadership and training to the Buyers in the BU
- A key interface between the BU and PSS (Procurement Shared Services)
- Monitor and Track performance to Supply Chain KPIs
- Lead Supplier Business Reviews for Mississauga BU
- Maintain Supply Chain quality – NCRs, Quality Monitoring
- Provide and escalation path for material shortages
- Super User for Rapid Response and Oracle
- Responsible for team training plan management
Demand Planner
Creation Technologies
06.2010 - 10.2017
- Collaborated with cross-functional teams to ensure targets were met.
- Implemented best practices in planning methodologies, resulting in increased efficiency and effectiveness.
- Evaluated key performance indicators regularly, making data-driven adjustments to plans when necessary.
- Prepared reports and presentations to communicate findings and recommendations to decision-makers.
- Analyzed historical data to identify patterns, trends, and seasonality for use in demand forecasts.
Procurement Specialist
Creation Technologies
09.2006 - 06.2010
Education
Business Administration - Three Year Diploma - Operations Management
Durham College
Oshawa, ON06.2006
Skills
- Supplier Relationship Management
- Material Requirements Planning
- Oracle, Rapid Response, MS Office, VBA
- Inventory Analysis
- Supply Chain Management
- ISO 9001:2018, ISO 13485 Standards
- Excellent Communication
- Problem-Solving
Accomplishments
- Achieved $10M (32%) in net inventory reduction over 12 months (2023-2024).
- $4M in Cost Reduction in 2023 on $60M spend.
- Developed supplier Purchase Order Action automation resulting in significant reduction in time of execution.
Timeline
Supply Chain Leader
Creation Technologies
04.2023 - 05.2024
Regional Buying Leader/Site Buying Leader
Creation Technologies
10.2017 - 04.2023
Procurement Leader
10.2017 - 12.2020
Demand Planner
Creation Technologies
06.2010 - 10.2017
Procurement Specialist
Creation Technologies
09.2006 - 06.2010
Business Administration - Three Year Diploma - Operations Management
Durham College
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