CHRIS OLSON
*** ********** *** ****, ** ***** 803-***-**** *****.**********@*****.***
Vice President and General Manager
Executive leadership with proven ability to assess needs and providing strategic and tactical strategies to surpass objectives for multimillion-dollar corporations. Experienced in identifying areas of cost savings and adept at finding operational efficiencies while enabling profitable growth. Recognized as a champion of change while creating a team environment. Comprehensive knowledge of the manufacturing industry.
CORE COMPETENCIES
Strategic Planning Materials Management Capital Planning Capacity Planning Organizational Growth Training & Mentoring Team Development & Leadership Continuous Improvement Negotiations Cost Savings System Improvements Processes & Procedures Safety Logistics Manufacturing Processes MRP Production Planning Procurement Customer Service
PROFESSIONAL EXPERIENCE
Vice President and General Manager
Mancor Industries, Lugoff, South Carolina September 2013 - Current
International manufacturer and coater of complex components and assemblies
• Full P&L responsibility
• Increase in standard margin from 11.5 % to 17.8%
• Increase in EVA from $287K to $2.4M
• PPM reduction from 1174 to 133
• Increased on-time delivery from 93.1% to 99.8%
• Labor efficiency increased by 23.8% while reducing overtime from 21.4% to 2%
• Implemented cost reduction in 2017 - $1.4mm (7.6% of Labor and Overhead)
• Total inventory managed and reduced from $2.1mm to $920K - from 20.2 days to 7.9 days on hand
• Negotiated company steel program for a $650K annual savings
• Purchased material renegotiations and resourcing $1.83MM savings
• Cost reduction in supplies, freight and consumables of $310K/yr
• Responsible for all supplier development with multiple lean initiatives in conjunction with suppliers (domestic and international).
• Created and implemented supplier scorecard system, communication of quality PPM, delivery on time performance, and cost.
• Created a lean culture through training and teams in Leadership, 5 S, Kaizen, lean initiatives and economic order quantities principles.
• Demonstrated team-building, leadership, and talent development/mentoring skills.
Director of Operations
Family Financial Group, Irmo, South Carolina April 2008 - September 2013
• Responsible for P&L and all financial activities for the organization.
• Responsible for all recruiting and hiring efforts as well as creating of training processes.
• Develop processes and provide training to new managers and agents.
• Responsible for direct contract negotiations between insurance carriers which resulted in a 108% increase in sales unit revenue.
• Streamlined application/contracting process which resulted in a 13 day reduction - 14 days to 1 day
• Lead team in MDI (managing for daily improvement) initiatives.
• Reduced marketing cost by 73% through resourcing and new program development.
• 3 direct salaried reports and 26 indirect reports.
Purchasing / Warehouse Manager
Komatsu America Corp., Newberry, South Carolina May 2006 - April 2008
• Responsible for finished goods inventory levels between $31 - $42mm.
• Total inventory and purchased materials managed exceeds $250mm.
• Responsible for 24 direct reports, both salary and hourly for 2 locations.
• Lead team in multiple continuous improvement events.
• Created TPM process, 5S program, fork truck licensing program
• Lead team in MDI (managing for daily improvement) and Cost of Quality
• Negotiated VMI contract with estimated savings of $1.76mm over 3 years.
• Negotiated $750K contract for Warehouse Management System.
• Lead cross functional team on building expansions.
• Worked in conjunction with vice president of sales and marketing, responsible for all forecasting and delivery metrics to ensure on time delivery, accurate system records and target inventory levels.
• Used SAP for purchasing / procurement and inventory control functions.
• Developed reporting and expediting processes to adjust to production changes and modifications.
• Continuously monitor and establish inventory improvement strategies to reduce inventory levels and improve lead times.
o On hand inventory reduction from 6.2 months on hand to 2.6 months on hand.
• Developed strategies for company materials management, establish plans and continuously monitored for corrective actions and improvements.
• Established and responsible for annual budgets for warehouse and purchasing departments of $1.2mm.
• Lead annual raw material and finished goods inventories.
Supply Chain Manager
Pella Corporation, Columbia, South Carolina & Gettysburg, Pennsylvania May 2003- May 2006
• Developed supply chain start up and operation strategies and plans for Columbia, SC, Gettysburg, PA and Murry, KY Operations.
• Led supply chain start up operation for Columbia and Gettysburg and Murry Operations.
• Directly responsible for all supply chain activities including supplier sourcing, purchasing and supplier development for 3 locations.
• Worked directly with director of sales and marketing on forecasting and delivery imperatives.
• Manage all tactical activities in the areas of logistics, production scheduling, forecasting, purchasing/procurement and inventory.
• Mentor new department managers in daily management tactics including but not limited to systems, Lean principles and labor management.
• Champion continuous improvement initiatives. Lead and participated in over 50 events.
o Lead supplier CI event that resulted in raw material being delivered in production sequence and a 26% reduction in lead-time, 62% reduction in scrap and 80% reduction in handling time.
• Ensure standard work was developed, documented and followed for functional areas of responsibilities.
• Responsible for inventory control activities for the plants including production materials, finished goods and MRO items.
• Used Oracle for purchasing / procurement and inventory control functions.
• Created and communicated yearly and bimonthly tactical forecast to suppliers and carriers.
• Responsible for capacity planning, production forecasts and production SKU planning.
• Timely analysis of point of sale data and the impact/modification of SKU build plan.
• Implemented WMS implementations in Gettysburg and Columbia Operations.
• Ensure open lines of communication with suppliers to ensure on-time delivery and quality.
• Functional planning in conjunction with marketing, engineering and production operations for new product initiatives.
• Involved in channel diversification projects while participating on two order fulfillment teams.
Department Manager,
Pella Corporation, Pella, Iowa & Gettysburg, Pennsylvania January 1999 - May 2003
• Developed logistics and operation star up plan for Gettysburg Operations.
• Responsible for objectives related to safety, on-time shipments, productivity, and quality for logistics and production operations.
• Led a cross-docking continuous improvement team that resulted in an increase in capacity by 18%.
• Created layout for logistic departments in corporate consolidation center and plant shipping and cross-docking departments.
• Established labor requirements and implemented hiring plan.
• Determined equipment and material handling needs
o Worked directly with suppliers for all material handling design and warehouse purchases.
o Coordinated delivery and installation schedules for all purchases with suppliers and carriers.
o Developed tracking metrics for vendors.
• Determined IT system and hardware needs.
• Directed a cross functional team on a warehouse management system implementation.
• Worked directly with dedicated and common carriers to insure on-time delivery to customers while minimizing cost.
o Created understanding of MDI, Cost of Quality, initial orientation, training program.
o Created TPM process, 5S program, fork truck licensing program for Gettysburg Operations.
EDUCATION
Bachelor of Science, Transportation & Logistics, Iowa State University, Ames, Iowa
Associates Degree in Liberal Arts, Des Moines Area Community College
SAP and Oracle certifications
Proficient in Microsoft Office applications
Production Planning and Materials Management Certificates
Six Sigma Black Belt