Summary
Experienced in management/financial consulting, real estate development,
and corporate industry operations. Implemented significant infrastructure
and process change to meet business challenges - cash flow improvement,
operations management, construction management, business development,
start-ups, turnarounds and strategic restructuring.
Work History
Cognum LLC Managing Member 1998-current
Hillsdale, NJ
Refocused on real estate investment and development in 2001. Build new
multi-million dollar residential homes in northern Bergen County under
dba Front Gate Builders & Developers. Responsible for all business
operations from land acquisition through post sale service.
. Established banking relationships resulting in multi-million dollar
mortgage/construction loans - created business plans, established
and updated budget forecasts, managed cash flow and loan advances,
conducted periodic reviews with banks to assure compliance with
loan requirements - LTV appraisals, reserves, title updates and
lien wavers, budget variances, marketing efforts, timely closings
and loan repayments.
. Conducted market research, acquired select properties in upscale
markets, established design criteria for marketability.
. Managed all aspects of building process - design, legal, regulatory
permits/variances, engineering, selection and daily oversight of
subcontractors and materials, compliance with jurisdictional
authorities and codes.
. Developed marketing program utilizing local, regional and national
media and MLS materials to reach target buyers.
Cap Gemini Ernst & Young, LLC Senior Manager 2000-2001
New York, NY Consulting Practice
Collaboratively developed and managed business in chemicals sector.
Focus was on net value chain strategy and business transformation.
. For $2 billion segment of global chemical corporation (DuPont), led
engagement team that reduced controllable manufacturing operating
expenses by 20%. Scope included supply chain design, manufacturing
organization redesign, product portfolio and asset optimization,
and leveraged services rationalization. Initial client reluctance
to use outside help was overcome by introduction of triad project
team concept that leveraged DuPont Six Sigma capability.
Excel Consulting, Inc. Practice Director 1994-2000
Tarrytown, NY (NYC metro) and Co-managing Director 1999-
2000
Excel formed in 1994 as a spin-off of REL (below) focused on improved
cash flow and asset management, process reengineering, supply chain
initiatives, and customer service. Developed business and managed
accounts/projects.
. Introduced balanced scorecard metrics and shared services for $1.5
billion global chemical company (International Specialty Products).
Reduced inventory 24%. Savings in excess of $30 million.
. Installed ERP in division of international chemical company (Witco,
now Crompton) in less than six months. Improved customer service
(+10%), inventory accuracy (+50%), and reduced inventory (-20%).
. For major business unit of telecommunications equipment
manufacturer (Lucent Technologies), identified root causes for
customer payment disputes and sources of service dissatisfaction.
Implemented program for correction and prevention; thus, opened
door to implementation of strategic customer alliance. Net benefit
exceeded $100 million in cash flow.
. Initially improved cash flow by over $170 million (as of 5/99 CFO
credits $1billion in cash to program) for a global advanced
technology and manufacturing conglomerate (Allied Signal, now
Honeywell). Worldwide projects focused on reengineering, change
management, and TQ/Customer Excellence training in areas of revenue
chain and supply chain management.
. Identified best practices in global receivable management for multi-
billion dollar computer manufacturer (Digital Equipment, now HP).
Results: cash regeneration of $480 million (DSO from 77 to 65
days).
. For a consortium of domestic and international electric power
utilities, developed a unique Procurement & Materials Management
benchmarking program that provided metrics that correlated cost
drivers and performance effectiveness.
. Developed B2B implementation capability via strategic alliance with
e-Commerce software partner.
Resource Evaluation, Ltd. (REL) Senior Vice President & Practice Director
1992-1994
London, UK Harrison, NY (NYC metro)
International consulting firm specializing in working capital management,
business process reengineering, supply chain management, and
administrative quality. Joined the U.S. operations to strengthen the
supply chain management part of the practice. Appointed Senior Vice
President in December 1992.
. Effectively doubled 1993 REL supply chain business over 1992 (which
was 30% over 1991).
. Implemented supply chain organization and system in a $6 billion
chemicals company (American Cyanamid). Reduced inventory and cycle
time from 110 to 75 days while improving customer service from 72%
to 86%.
. In a repetitive manufacturing operation of a $2 billion company
(Brown-Forman), reengineered manufacturing process to reduce
production cycle time from 18 days to 5 days for quick customer
response. Reduced manufacturing costs by 18%.
. For a German manufacturer of capital equipment, instituted policy,
organization, and system changes to reduce inventory investment by
65% while retaining 97% customer service level.
Associated Freezers Inc. Vice President & General Manager 1990-1991
Dallas, TX Operations - Houston, TX
Asked to join this privately held cold storage warehousing company to
start-up new operating divisions. The business involved import/export,
USDA inspection process, US Customs bonded operation, and distribution of
food and medical products.
. Started up new Houston operating division.
- Hired and trained all personnel and project managed construction
of new plant facilities.
- Developed new business accounts from zero base to level of
operational profitability within three months of opening
facility.
Sara Lee Corporation Director Materials Management 1985-1990
Chicago, IL Coach Leatherware Co., Inc. - New York, NY 1987-1990
Responsible for directing Manufacturing Planning and Control, Purchasing,
Engineering, Warehousing and Quality Assurance for this international
accessory manufacturer, retailer and direct marketer. Suborganization
staff of 60.
. Increased manufacturing capacity 200% in 3 years to support sales
growth exceeding 50% annually.
- Implemented JIT cellular manufacturing and increased
manufacturing productivity 30%.
- Managed construction projects (new manufacturing plants in NJ
and Fla; corp. HQ renovation NYC; retail stores nationally)
- Saved 15% of purchase costs through new global purchasing
strategy and alliances.
- Installed MRPII, SQC, QA and shop floor control systems.
Established operating metrics. Improved inventory turnover by
25%.
. Conducted strategic supply chain study to determine whether future
manufacturing locations should be offshore.
Director Logistics, Information Technology and R&D
Popsicle Inc. - Englewood, NJ 1985-1987
Part of new senior management team to restructure sales and distribution
of this manufacturer of frozen ice cream novelties for possible
divestiture. Business was converted from licensor of trademarks and
supplier of ingredients to a consumer packaged goods self-marketer,
manufacturer and distributor. This increased sales by 53% and recaptured
the #1 market position (34% share); this enabled Sara Lee Corporation to
sell Popsicle in 1987 at 10 times book value.
. Implemented repositioning of distribution channels to full service
direct store door delivery (FSDSD) contributing to 50% sales
increase.
. Collaborated with Marketing to develop and launch first sugar free
ice cream novelties to be sold nationally.
Northwest Industries Inc. Director of Administration 1980-1985
Chicago, IL Velsicol Chemical Corp. - Chicago, IL
Invited by the new CEO to help turnaround the $400 million chemicals
group of Northwest Industries. Responsible for directing worldwide
financial and marketing administration, strategic business development
and logistics. In 1985, Farley Industries purchased Northwest Industries
in a LBO and sold the agricultural chemicals group to Sandoz.
. Increased net income from a loss of $30 million to a profit of $25
million within two years.
- Negotiated acquisition of new products for rice and soybean crop
markets with $100 million potential.
- Formulated triangular trade strategy that doubled European sales
and earnings from 1982 to 1984 (improved income over $3
million). Managed foreign currency exposure for average net
profit of $250,000 per year.
Quaker Oats Company Operations Manager - Frozen Foods Division 1967-
1980
Chicago, IL and Sr. Business Development Mgr. - US Foods Group 1978-
1980
Joined Quaker as a Manufacturing Trainee out of business school. Was
part of founding management team for Quaker's new frozen foods business
in 1972. Various promotions within operating line management led to head
of Frozen Division manufacturing operations and U.S. Foods Group
acquisitions.
. Initiated strategy into healthy foods and drinks resulting in
acquisition of Gatorade, now Quaker's largest selling and most
profitable product.
. Project managed consolidation of multi-plant operations into newly
constructed state-of-art facility in Tennessee.
Education
MBA (Finance/Operations Research) Tulane University, New Orleans, LA
BA (Chemistry/Psychology) Duke University, Durham, NC