Arthur C. Foster Jr.
**** ******* ***** **. ******, OH 43016 H: 614-***-**** C: (614) 580-
**** *****: *********@********.**.***
Strategic Management Executive
Operations ( Procurement ( Allocation/Distribution ( National Accounts ( It
Competencies
Executive/Board Relations Executive Presentations Benchmarks/Metrics
Revenue & Profit Growth Start-Ups/ Turnarounds Multi-site Operations
Strategic & Tactical Mergers/Acquisitions Vision & Mission
Planning
Capital/Budgets/P&L Due Diligence Project Management
Category Management Cross Functional Team Technology Solutions
Leadership
Customer Satisfaction & Change Management Systems Integration
Retention
Process Reengineering Leadership & Team Building Accounting & Finance
Vendor Sourcing & Training & Development Sales & Marketing
Negotiations
Selected Accomplishments
Anderson News
. Conducted multiple business analysis projects resulting in significant
revenue and profit growth.
. Centralized all Allocation, Distribution and Invoicing functions;
recruited & trained 25 staff members including supply chain manager,
buyers, category managers, analysts and administrative personnel;
saved $1.5MM in labor cost annually
. Developed software that integrated demographics into the allocation
process increasing Revenue by $20MM and reduced handling cost by $10MM
. Saved $650k+ by creating automated purchasing software, which enabled
category managers to assume the buying function
. Recognized by retailers and suppliers as expert in consumer
information, operations, distribution and category management; guided
department to become industry leader in analytics, data mining and
product testing
. Managed relationships of highly visible clientele including Wal-Mart,
Kroger, Walgreens, CVS, Rite Aid, 7-11 and several large regional
retailers
. Modified merchandising philosophy for all 2,200 US Wal-Mart stores
serviced by company by implementing ProSpace technology
. Led 1st introduction within industry of Point of Sale Replenishment to
Wal-Mart; resulting in $4MM sales increase for titles in program as
well as cost savings of $2MM
. Chaired committee formed to build company's first website which
included traditional site information while simultaneously functioning
as portal for supplier entrance to internal system
United Magazine
. Facilitated merger of 14 companies owned by 5 Principals into 1
organization; scope of responsibilities included due diligence,
logistics, software conversions, implementation of best practices and
collaboration with key retailers and suppliers
. Centralized all Allocation, Distribution and Invoicing functions and
recruited & trained 14 staff members including supply chain manager,
buyers, category managers, analysts and administrative personnel
saving $600k in labor cost
. Implemented software that integrated demographics into the allocation
process increasing Revenue by $10MM and reducing handling cost by
$3.5MM
. Managed relationships with highly-visible clientele included Kroger,
Meijer, Giant Eagle, Kmart, Walgreens, CVS, Rite Aid, and 7-11
. Recognized as the go-to resource by accounting department and provided
financial insight to auditors and consultants in due diligence role of
strategic planning team
. Member of bid committee with final contract sign-off responsibility
. 1st in industry to utilize a routing system ultimately saving $350k+
annually
. Member of Team that procured $40MM in Venture Capital
. Collected $20MM in receivables owed by largest clients
SCHERER COMPANIES
. As Corporate Staff Operations Director performed multiple and
simultaneous assignments for holding companies
. Elevated marketing, software development and project management
functions
. Orchestrated comprehensive turnarounds and improvements in personnel,
technology and operating issues increasing sales by $2.4MM and profit
by $700k+
. Recognized for elevating company's reputation as most innovative,
progressive and sales-oriented company in industry
. Facilitated acquisition of 10 periodical wholesale companies; scope of
responsibilities included due diligence, logistics, software
conversions, implementation of best practices and collaboration with
key retailers and suppliers
. Vendor of the Year recognition from Kroger, Meijer and Paradies; other
notable clients included Walgreens, Rite Aid, Revco/CVS, Walden, B
Dalton and United Dairy Farmers
. Developed software that integrated demographics into the allocation
process increasing Revenue by $1.8MM and reducing handling cost by
$360k
National Display Fixtures
. Conducted comprehensive turnaround of operations, business development
functions, technology and marketing
. Re-engineered operations through positioning of Just In Time (JIT)
inventory system, securing concessions from vendors and suppliers, and
creating new relationships with trucking companies; also modified pay
structure rewarding contributions of associates
. 20% productivity gains for 5 consecutive years increasing sales from
$250k to $1.5MM
PROFESSIONAL EXPERIENCE
Anderson News Company - Magazine Wholesaler; $1B Revenue ; 1999-2009
serving 18,000 retail outlets in 40 states; 3,000 SKU's; 142
delivery facilities; 4,000 associates
Director of Product Allocation/Distribution
United Magazine Company (Unimag) - Magazine Wholesaler; 1997-1999
$300MM in revenue; serving 5,000 retail outlets in 8 states;
3,000 SKU's; 27 facilities; 1,000 employees
Vice President Corporate Operations
SCHERER COMPANIES (a Holding Company) 1983-1997
This Holding Company consisted of several companies. Worked
for the holding company and also held positions in the
listed companies concurrently to implement change
management.
Director Corporate Operations
Scherer Periodical Division Magazine wholesaler with 1983-1997
$60MM revenue; serving 900 retail outlets in 5 states; 4
facilities; 300 employees; Primary Business of Scherer
Director of Operations
National Display Fixtures (start-up manufacturer of 1991-1996
displays)
Vice President of Operations
Readers Choice RDA Company (start-up display allowance 1987-1996
company)
General Manager
National Wholesale Drug ($100M drug, HBA wholesaler) 1994-1995
Business Analyst
Imperial News Company - Magazine wholesaler $50M Sales; 1990-1991
Operations Manager
Service News Company Magazine wholesaler $3M Sales; 1983-1984
General Manager
Education & Professional Development
BS Business Management & Human Resources, Franklin University
Effective Communications & Human Relations, Dale Carnegie