Michael Ablondi

Experience

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  GE Aviation

  Jun 1992 - Jan 2000

  Report to Operations Manager. Led GE Engine Services in meeting stretch targets of inventory savings and indirect sourcing deflation. Created and managed GEES Materials Six Sigma Organization that executed project clusters across 14 global sites.• Achieved over $99MM of inventory reductions and improved inventory turns by 24 percent.• Realized $25MM of sourcing deflation savings.• Improved delivery of repaired parts to American Airlines receiving AA's Supplier Excellence Award.• Generated over $1MM of savings through project that eliminated budgeted capital expenditures in Repair Facilities. Improved throughput by 85%. Show less Led organization responsible for manufacturing source selection, delivery of hardware to support certification programs, managing $400MM hardware and tooling budgets and field retrofit programs.• Received General Manager Award for leading cross-functional team in the design, procurement and installation of hardware required to for the flight test program avoiding flight test delay and penalties.• Assigned by General Manager to lead the resolution of the GE90 HPTR life redesign, certification and retrofit program. Reduced a $1.1 billion liability to $150 million.• Received General Manager Award for leading production cost reduction program. Show less

  • Six Sigma Master Black Belt

    Apr 1997 - Jan 2000

  • Manager, GE90 Manufacturing Program

    Jun 1992 - Mar 1997
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  GE Capital

  Feb 2000 - Feb 2015

  Led Operations for GEC Capital Markets, Equipment Finance and Operations Learning and Development• Managed 100 employees Operation and led team to annually document and close $2B annual leasing volume, service investors of $20B/$5B of securitized/syndicated assets and deliver 10,000 hours of training.• Consistently delivered 8% YOY productivity measured by executed transactions per employee• Excelled at Employee development consistently promoting 15% of organization yearly• Led Company local community volunteering increasing hours by 42% Show less Led 6 P&L Operations Leaders responsible for servicing $50B of on book assets to standardize processes, consolidate operations, and drive productivity and compliance across the business.• Consolidated Cash AR Operations into one COE in India. Improved application accuracy to over 99% resulting in a $240MM reduction in suspense.• Standardized Book and Fund Metrics across every P&L, set up Audit CoE in India and improved Booking accuracy by 40 % resulting in a $12MM cost savings.• As CEF Business Process Outsourcing Leader, grew India Headcount from 240 to 316 full time employees and improved internal Voice of Customer to 99 % satisfied and 45 % delighted. • Led the RFP and sourcing auction for CF Document Management Taxonomy resulting in a $2MM savings Show less Acquisition Integration LeaderFor assigned Acquisitions, lead team of 25 cross functional leaders in creating and executing plans to ensure business realizes all financial and synergistic objectives as defined in the Board pitch.• As Integration Leader for Heller Acquisition, created strategy and led activities across functional teams to integrate $2,400 MM NEA's and 50 people into CEF. • Re-engineered CEF's integration process by implementing measurable functional plans, risk abatements plans and led the introduction of new Integration Project Management Tool to CEF that provided real time status of task completion and acquisition performance. Tool was later leveraged across all Commercial Finance. Show less Report to GE Capital Chief Quality Officer responsible for overseeing the Six Sigma Programs in 10 Businesses that generate over $1.8B of earnings. Coached Business Quality Leaders in all aspects of their Quality execution including Product/Service delivery, Pricing and Customer Programs.• Received GE Capital’s Pinnacle award for outstanding efforts in leading Capital Businesses to use Six Sigma tools to dramatically improve Customer fulfillment performance. • Created Six Sigma certification guidelines and processes. Chaired Mater Black Belt Certifications panel.• Led new initiative with GE India to execute strategic projects in selected businesses that generated over $14 MM of additional net income. Show less

  • Operations Leader, GE Corporate Finance and Capital Markets and Learning and Development

    Mar 2008 - Feb 2015

  • Global Operations Leader

    Jan 2004 - Feb 2008

  • Acquisition Integration Leader

    Apr 2002 - Dec 2003

  • Corporate Quality Leader

    Feb 2000 - Mar 2002
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  Self Employed

  Mar 2015 - Jun 2016

  Senior Consultant

  Independently consult providing expertise in Operational Excellence, Six Sigma, Process Re-engineering, Metrics and Business Integrations.

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  Sensata Technologies

  Jul 2016 - Aug 2018

  In 2017 was Senior Director of Procurement for Sensata Technologies responsible for managing $3B of spend. Achieved: $58mm Direct Cost Out, $8mm of Indirect Cost Out, increased direct payment terms 15 days to 67, decreased lead time 8 business days to 44, increased OTD to need date by 6% to 93%, increased Indirect payment terms 10 days to 58. Completed rewrite of Sourcing QMS procedures and entire organization passed required exams. Launched two major tools Ariba (eQuoting & Auctioning) and aPriori (cost estimating) to drive 2018 performance. Show less

  • Senior Director, Global Lean Six Sigma

    Jan 2018 - Aug 2018

  • Senior Director Procurement

    Jul 2016 - Dec 2017
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  Sensata Technologies

  Oct 2018 - Apr 2020

  Senior Director, Global Shared Services

  Direct global shared services for Sensata Technologies responsible for 180 global employees who perform AR, AP, Collections and Bill of Materials processes. In two years reduced AR delinquency from 18% to 8% creating $30M of free cash.

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  Self Employed

  Apr 2020 - now

  Senior Consultant