Sales Control

MATTHEW F. MAKAUS

* ****** ****** **.

Andover, New Jersey 07821

908-***-**** - home

908-***-**** - cell

Experience

March 2009-

Present Ashley Furniture HomeStores

Director of Logistics and Inventory Control

Current Responsibilities

. Improve customer delivery completion percentage.

. Monitor the merchandise replenishment and allocation

process and reduce broken promises.

. Monitor the cross dock process to ensure just in time

deliveries to our customers.

. Supervise and reconcile Distribution Center cycle counts.

. Supervise the quality control merchandise inspection

process.

. Measure individual driver delivery completion percentages.

. Ensure that key inventory metrics meet target levels.

. Recommend continued quality improvements on all Logistics

and Inventory Control processes.

. Supervise and reconcile all store physical inventories.

June 2008 -

March 2009 MFM Inventory Consultants LLC

Independent Consulting Contractor

Clients include Asset Disposition Advisors (A.D.A),

Steve & Barry's

and Linens & Things.

. Create Physical Inventory Liquidation Procedures.

. Audit physical inventory liquidations to ensure compliance

to procedures.

. Reconcile physical inventory results to book totals,

prepare inventory roll forwards and inventory valuation

reports. Ensure accuracy of item average cost.

. Prepare Side by Side analysis of inventory results and

valuation between

the client and liquidators

totals.

Sept. 2002 - Levitz Home Furnishings Inc..

April 2008 Assistant Controller (8/06- 4/08)

Continue to manage the responsibilities listed below (as

Divisional VP) with additional accountability for overseeing

the following Operational Accounting Departments: Accounts

Payable; Accounts Receivable; Credit & Collections; Inventory

Accounting & Control; and Sales Audit.

Divisional Vice President - Inventory Control (9/02-8/06)

Responsibilities

. Ensure integrity of perpetual and financial inventory

balances in all Levitz and Seamans locations.

. Develop controls and procedures to improve inventory

accuracy and reduce shrinkage.

. Coordinate physical inventories and cycle counts in 130

Stores as well as 18 Distribution Centers and Stock Service

Centers. Publish the results of physical inventories and

cycle counts.

. Monitor all merchandise movement activity and report

procedural non-compliance and unresolved discrepancies.

. Develop audit programs for all merchandise movement

activity in 1,000,000 s/f Distribution Center in

Robbinsville, NJ, and in 18 smaller Stock Service centers

on the West Coast.

. Chairman of the Shortage Control Committee.

. Implement Loss Prevention controls and procedures.

Accomplishments

. Reduced inventory shrinkage 90% or $4,800,000.

. Implemented control procedures for customer deliveries,

delivery returns, receiving put-away, returns to vendors,

and outbound and inbound transfers that improved the

inventory error rate from 1.35% to 0.07% at the

Robbinsville NJ Distribution Center.

. Reduced operational expenses by $1,000,000 through systems

enhancements, business process reengineering, and job

reassignments or elimination.

. Implemented a standard cycle count program in all

Distribution Centers and Stock Service Centers to ensure

all merchandise locations were counted on a monthly basis.

. Assisted in creating Sarbanes Oxley compliant operational

procedures.

MATTHEW MAKAUS

Page 2 of 2

March 1993 - The WIZ Distributors / Cablevision Electronics Investments

Inc.

Aug. 2002 Director of Inventory Control

. Business Owner of company-wide Inventory Accuracy Process

for this $1B net-sales retailer.

. Ensured efficient and accurate product movement between

Distribution Centers and Stores.

. Coordinated full-cycle inventories for 60 stores and 2

distribution centers on a quarterly basis.

. Oversaw and approved all book to physical inventory

reconciliations.

. Published inventory shrinkage reports which analyzed

shrinkage by location, product category and as a percentage

of sales.

. Developed required inventory control functionality for

merchandise movement systems proposals.

. Performed gross margin analysis and analysis of budgeted

vs. actual expenses by cost center.

. Ensure accuracy of inventory cost valuations.

Accomplishments:

. Reduced inventory shrinkage rates 25% and improved SKU

integrity to over 90%.

. Implemented system controls, written standards and

procedures and established measurement

criteria for all merchandise movement functionality.

. Implemented a company-wide on-line daily cycle count

program.

. Reorganized physical inventory count process, reducing

annual cost by $400k while maintaining count frequency.

. Reduced retail return fraud by developing a series of

analysis reports from the P.O.S. system.

. Member of a task force which implemented a Perpetual

Inventory System (I.S.P.) in all stores.

. Created new dept. (Transfer Reconciliation) to reconcile

merchandise transfers on same-day basis.

Jan. 1983 - Tiffany & Company

Feb. 1993 Inventory / Cost Manager (2/87-2/93)

. Managed department of 7 accountants and oversaw all

domestic physical inventories.

. Established physical inventory procedures and conducted pre-

inventory meetings with retail, administrative,

merchandising and operational management groups.

. Established all sales, receipts, transfer and production

cutoff dates.

. Coordinated/managed physical inventories in all retail,

administrative, and operational locations.

. Developed and oversaw inventory audit schedule with

external audit firm.

. Performed book to physical reconciliation for all finished

goods and raw material inventories.

. Published inventory shrinkage review package for upper

management which analyzed shrinkage by product category and

as percentage of retail sales and average annual inventory.

. Calculated net realizable value for obsolete inventory

adjustments.

. Performed L.I.F.O. inventory valuation calculations using

the "chain link" accounting method.

. Analyzed standard costs and manufacturing variances for all

production departments.

. Issued income statements, monitored production levels and

oversaw development of bills of materials for all

departments.

. Participated in conversion of all manufactured goods to the

M.I.P.S. perpetual inventory system.

. Supervised month-end closings and gross margin analysis.

Inventory / Cost Supervisor (8/85-2/87)

Staff Accountant (4/84-8/85)

Junior Cost Accountant (1/83-4/84)

EDUCATION: KEAN COLLEGE

BS in Accounting, 1982

Contact this candidate