Bo Sherman * Parmenter Road ( Hudson, MA *****
612-***-**** ( *************@*********.***
Summary
Business professional with background in territory sales management,
operations management, vendor relations, distribution management,
purchasing, inventory control and marketing promotions. Recognized for
strong analytical and organizational abilities complemented by methodical
approach and systems thinking. Experience with consultative international
sales and account management. History of being recruited to launch new
businesses or turn around struggling operations.
Experience
XAMonline, Inc., Cambridge, MA October 2012-Present
DIRECTOR OF SALES AND MARKETING
Recruited to create and build a sales and marketing operation for the
distribution of two different publishing programs. Responsible for all
sales and marketing decisions involved with the XAMonline and Lesson Ladder
programs.
o Responsible for a 15% increase in sales after two declining years
previous to my employment.
o Performed business review of entire XAMonline catalog of titles and
worked with Barnes & Noble buyer to re-model previous buys and increase
shelf presence.
o Present all new XAMonline titles to national accounts, wholesalers and
commission sales force.
o Review and renegotiate current distribution contract to reduce current
printing expense by 32% saving $132,000 yearly.
o Negotiate new sales and distribution contract for our new Lesson Ladder
publishing program.
o Work closely with CEO to forecast sales, minimize operating costs, create
budgets and manage inventory levels.
o Create, manage and attend both national and international trade shows in
support of both publishing divisions.
o Post for, interview and hire marketing team and inside sales support.
Quayside Publishing Group, Minneapolis, MN 2011-2012
DISTRIBUTION SERVICES DIRECTOR
Recruited to this organization to provide strategic leadership and direct
the growth of the distribution business unit of Quayside's operations.
Responsible for all management and business decisions of Quayside's third
largest division.
o Renegotiated contracts for 80% of all Quayside Distribution Services
vendor business resulting in an immediate 6% gain in margin without a
decrease in revenue.
o Increased sales by 12% in a declining market for print books.
o Performed analysis of all current partner vendors and severed agreements
will all under-performing business.
o Collaborated with sales and marketing teams to maximize sales of partner
vendor's books while minimizing warehouse carrying costs.
o Traveled to national and international trade shows in support of
business. Globally prospect and network to increase number of vendors
managed by Quayside Distribution Services.
o Work closely with CEO and CFO to forecast sales, minimize operating costs
and create budgets.
o Collaborated with and lead IT department in development of a competitive
business to business web interface for partner vendors and internal use.
o Presented seasonal title and vendor information to sales force to
highlight the distribution program among all other business units.
o Responsible for management of relationships with all partner vendors.
Adventure Publications, Cambridge, MN 2009-2011
SALES MANAGER
Recruited to this organization to provide strategic leadership and expand
publishing program. Partner with company owner to plan future operations
and set goals for the business. Responsible for all sales and marketing
programs.
o Initiated and completed a five year plan for entire publishing program
including new areas of acquisition, additional sales channels and
additional personal support.
o Analyze sales performance, competitor products and formulate plans to
reach specialty markets.
o Build and maintain solid working relationships with new and existing
customers, buyers and merchandisers.
o Created sales forecasts and departmental budgets.
o Lead marketing team of five and planned participation in all shows in all
sales channels including trade, gift, specialty and consumer.
o Worked with production team to ensure timely delivery of products.
Engaged in discussions with production team regarding cover design,
content and layout.
o Managed and hired commissioned sales representatives.
o Educated customer service representatives in consultative sales
techniques.
o Assisted in implementing new press wide computer system and began
redesign of company's website.
o Managed and created new relationships with all national accounts.
Presented new titles, discussed marketing plans and created sale
materials as needed.
University of Minnesota Press, Minneapolis, MN 2006-2009
SALES MANAGER
Recruited to this position to manage all aspects of the sales operation.
Operated as a member of the marketing team to analyze and guide overall
direction of the Press.
o Increased sales in all fiscal years while at the Press with record growth
in both 2007 and 2008.
o Achieved highest yearly sales in Press's history in 2008.
o Formulated seasonal sales plans to promote books and journals produced by
the Press.
o Created sales targets for all new titles and tracked progress to identify
trends.
o Conducted biannual sales conferences presenting each season's new titles
in New York City with entire commissioned sales force.
o Responsible for overseeing US and international commissioned sales
representatives.
o Made sales presentations to national accounts including Barnes & Noble,
Baker & Taylor and Ingram. Traveled throughout Minnesota calling on
independent booksellers and specialty accounts.
o Managed co-op marketing plan with client booksellers and wholesalers.
o Performed sales analysis of Press book sales and provided monthly,
quarterly and yearly sales reporting to director of Press.
o Planned and oversaw all trade book shows. Responsible for marketing tag
lines and promotions.
Bound to Be Read, St. Paul, MN
DIRECTOR OF PURCHASING AND INVENTORY CONTROL 2002-2006
Recruited to this position shortly after Minnesota store opening as key
member of management team assembled to create and execute a new strategic
vision for three book stores located in Minnesota, New Mexico, and Florida.
Led Purchasing and Inventory Management (Inventory of $6 million and staff
of ten.)
o Utilized industry knowledge and market expertise to select goods for
seasonal purchases and in-store merchandising at each store location.
Decreased cost of goods sold margin by 2% or $80,000 annually.
o Oversaw inventory of $6 million and over 600,000 items. Ensured product
availability while lowering carrying costs; increased inventory turn 20%
resulting in a 35% increase in annual gross sales.
o Managed vendor relations with publishers and wholesalers negotiating
contracts for buying, maximizing margins, minimizing freight costs
(decreased 10% first year) and ensuring on-time delivery. Built solid
national relationships to ensure availability of product to meet demand.
o Introduced security controls and reduced shrinkage by $30,000 annually.
o Increased promotional/remainder book sales 100% over two years.
o Worked with accounting colleagues to develop and review company cash
management policies for vendor accounts to maximize cash flow.
o Worked closely with general manager to co-create strategic
marketing/sales plans, redesign operational systems, develop a committed
workforce, and inspire great customer service.
o Managed research, analysis and introduction of computer systems and
electronic processes to streamline processes, increase speed of service,
and introduced new computer tools to help manage inventory
Ingram Book Group, LaVergne, TN 1997-2002
MIDWEST SALES MANAGER (Based out of Chicago, IL)
Recruited to this wholesale book company to sell books and services in a
seven state territory for this wholesaler. Using consultative sales
approach, built confidence of account base through value-added services,
e.g. special discounts, promotional events, and favorable delivery terms.
o Achieved consistent incremental sales growth from $30 to $36 million in a
mature market.
o Represented company at trade shows promoting brand, building account
relationships, prospecting and closing new leads. Responsible for
planning and overall success of Midwest regional shows. Member of
planning team for BEA.
o Worked with credit department to set up new customer accounts and
communicate with clients regarding credit issues.
o Communicated with senior management providing client feedback on products
and services for program enhancements, service offerings or product mix
changes.
o Formulated yearly sales projections and created weekly reports to monitor
progress.
o Participated in creation of co-branding marketing campaign for the Little
Professor Bookstore group and Ingram.
Books-a-Million (acquirer of Books & Company), Dayton, OH 1991-1997
SENIOR BUYER
MANAGER, SHIPPING AND RECEIVING
Initially hired as bookseller providing customer service to patrons.
Promoted to shipping and receiving overseeing ten people. Promoted again
to buy book and gift products for in-store merchandising with staff of
three.
o Established strong vendor relationships. Selected, purchased, received
and managed inventory of products to support $10 million in annual sales
revenue.
o Centralized receiving operations by opening new, off-site warehouse to
receive and redistribute stock to multiple store locations. Capitalized
on warehouse related discounting while improving receiving processes and
efficiencies at decreased costs.
Education
B.S. Finance, B.A. English Literature
Miami University, Oxford, Ohio