Michael Fanfair

Michael Fanfair is an Associate Director who specializes in Value Optimization and Sourcing Excellence for Hilco Performance Solutions.  He is a seasoned Global Procurement Executive with +20 years of strategic experience in supply chain management, procurement, and team leadership within the automotive and manufacturing sectors.  As the Director of Procurement for a major tier 1# automotive supplier, he has expertly managed over $1 billion in direct and indirect spend, driving significant cost savings and implemented sustainable sourcing initiatives across complex, multi-site network. Recognized for establish high-performance procurement functions, Michael has a proven track record of developing and executing comprehensive procurement strategies that align with organizational goals and industry standards. With deep expertise in strategic sourcing for both direct and indirect materials, he is adept at transforming procurement operations to focus on cost reduction, quality assurance, risk mitigation, and customer satisfaction.

Select experiences from his career include:

• Top #7 Global Automotive Tier 1#:
• Excelled in cultivating high-performance teams, identifying and mentoring top talent and fostering a collaborative culture across departments.
• Led cross-functional initiatives with senior executive in finance, IT, legal, and operations to drive procurement solutions that support organization growth and efficiency.
• Branded as a hands-on change agent, executing major initiates in Sustainability / Carbon emissions reduction “project 2050” and driving a 30% reduction in logistics cost through innovative transportation strategies.
• Drove successful development and execution of direct materials category strategy, supporting business plan goals and contributing to the success of a key joint venture acquisition.
• Top White Goods company:

Co-authored with R&D strategic supplier development of first base low voltage power supply and management.

Michael earned a Bachelor of Science in Technology from Eastern Michigan University, Masters Certification in Global Supply Chain Management of Michigan State University and Certified in Shainin Red X as a Journeyman.