Michael Timko
Cheshire,CT
Summary
Highly motivated and detail-oriented Procurement Specialist with 14+ years of experience in supply chain management, vendor negotiations, and cost reduction strategies. Proven track record of optimizing procurement processes, ensuring compliance with regulations, and fostering strong vendor relationships to achieve organizational goals. Adept at leveraging analytical skills to manage budgets and streamline operations.
Overview
14
14
years of professional experience
Work History
Procurement Specialist
Weatherford International
Wallingford, USA
02.2021 - Current
- Manage procurement processes on a 25M book of business for machined parts and electrical components, ensuring timely and cost-effective sourcing of goods and services
- Negotiate contracts with vendors, achieving an average cost savings of 10-15% while maintaining quality standards
- Monitor supplier performance through regular audits, ensuring adherence to agreed-upon terms and KPIs
- Streamlined procurement workflows, reducing processing time by 5% and enhancing operational efficiency
Associate Buyer – Sikorsky Aircraft Program
Wesco Integrated Supply
Uniondale, USA
02.2021 - 01.2023
- Review daily purchasing reports and system recommendations to determine proper quantities to procure
- Work closely with engineering department to identify flight safety critical replacements to avoid aircraft production delay
- Analyze product rejection and issue progress action reports to vendor to avoid future delays
- Execute and manage orders generating $7.5 million in revenue annually
- Source and generate spot buy orders to fulfill a wide range of customer needs
- Confer with suppliers and analyze their operations to determine factors that affect prices and determine lowest cost consistent with quality, reliability, and ability to meet required schedules
Buyer
Plastic Assembly Systems, LLC.
Bethany, USA
07.2011 - 01.2020
- Managed all processes related to the planning and buying of commodities and components
- Created and managed Kan-Ban inventory system to maximize lean manufacturing
- Compiled material data sheets in excel to track all materials used during current projects
- Managed 1,200 SKUs for company generating $4 million in revenue annually
- Expedited delivery on critical components and materials and followed up with vendor delivery dates
Education
A.S. - Business Finance
Naugatuck Valley Community College
Waterbury, CTSkills
- Strategic Sourcing & Vendor Management
- Contract Negotiations and Compliance
- Supply Chain Optimization
- Intuit QuickBooks
- Microsoft Office Suite
- JD Edwards
- Power BI
- Vendor management
- Procurement strategy
- Supplier evaluation
- Inventory management
- Purchase order processing
- Lean manufacturing
Timeline
Procurement Specialist
Weatherford International
02.2021 - Current
Associate Buyer – Sikorsky Aircraft Program
Wesco Integrated Supply
02.2021 - 01.2023
Buyer
Plastic Assembly Systems, LLC.
07.2011 - 01.2020
A.S. - Business Finance
Naugatuck Valley Community College
Similar Profiles
Judith E. RiveroJudith E. Rivero
Catalog Coordinator at WEATHERFORD INTERNATIONALCatalog Coordinator at WEATHERFORD INTERNATIONAL
Ivan NetoIvan Neto
Senior MLWD Supervisor Engineer at Weatherford InternationalSenior MLWD Supervisor Engineer at Weatherford International
Allan MbotoAllan Mboto
Field Engineer at Weatherford InternationalField Engineer at Weatherford International