Supply Chain Management

TIM FLEMMING CPA, CMA

Email:********.*******@*****.*** Cell: 647-***-**** Home: 905-***-****

PROFILE I am a laser-focused, results-driven strategist who increases profit through direct thought leadership. My insights and learnings from logical business acumen are converted into actions and permanent improvement to results. I have been recognized as an exceptional leader with a collaborative, respectful, hands-on style that is embraced by the total business community from line staff, boardroom and external vendor partners.

EXPERIENCE SENIOR VICE PRESIDENT: MERCHANDISING AND STRATEGY

Sears Canada, Toronto February 2014-April 2015

Directly responsible for the EBIT results of the Home, Hard Lines and Specialty Services categories. This included revenue well in excess of 1 B, operating expense of 50 plus MM while leading over 200 associates. Accomplishments included, but not limited to…

* Multi-million dollar reduction in unproductive working capital.

* Improved level of customer product in stock position.

* Leadership of Home, Dealer and Corbeil selling channels ( approx. 300 units )

* Introduction of a series of industry leading product lines.

* Delivery of company leading EBITDA in the specialty lines of businesses

inclusive of licensed, travel, installed products and gift registry.

* Creation of a solid long term business plan for group and much of company.

* Leadership of enterprise wide evaluation of system replacement inclusive of

business case, solution evaluation, project plan and pending install.

* Active participation on the Board of Directors of the company.

PRESIDENT

Flemming & Associates Ltd. 2011-present

Created and managed an emerging, accountable consulting organization with a firm, hands-on customer centric approach. Large and small clients continue to be supported during this period with practical solutions that drive value, improved processes and increase profitability. Primary client was Sears Canada during much of this period where dramatic results were achieved for the client…

* Selling, general and administrative ( SG&A) expense reduced dramatically as a ratio to revenue and in absolute MM’s of dollars.

* Directed overall capital investment budget to achieve spend levels each year.

* Permanent spend control framework installed across organization.

* Supported a material increase in back end vendor support dollars.

* Provided coaching and education on finance and overall business acumen.

SENIOR VICE PRESIDENT: Corporate Procurement & Supply Chain

Sears Canada, Toronto 2008-2011

As a strategic leader and officer of the corporation, guided the entire logistics, inventory and purchasing network domestically and abroad with an operating budget in excess of 100 MM, and an associate base of approximately 3000 staff. The role required complete managerial leadership in a complex environment inclusive of strategic planning, budgeting, staff development, innovation and operational execution. In addition, was fully accountable for EBITDA for 6 major merchandise and specialty services categories. A critical role was balance sheet ownership in net working capital investment for inventory and capital structure. Contributions were made during this time frame highlighted by:

* Improved overall cost structure of by approximately 15 % in supply chain in a period of declining volumes thru continued process improvement, system leverage and surgical payroll and people management.

* Improvement in productivity in large internal trucking fleet with intelligent fleet management, growth in 3rd part client base and processes.

* Dramatic advancements in inventory management productivity through industry leading allocation methods, creative liquidation tactics, structured documented processes and the introduction of the ORACLE markdown optimization tool. This was cited as an important driver of fiscal results in each year.

* Margin and profit contribution growth in responsible areas.

* Growth in margin driving international purchases by 10 % while at the same time installing industry leading solid quality, safety and workplace standards.

* Successful short term replacement for CIO among other leadership roles. * Overall key contributor to record breaking corporate EBITDA.

VICE PRESIDENT: Procurement and Specialty Businesses

Sears Canada, Toronto 2001-2008

Overall functional leadership responsibility for not for resale purchases, direct import purchases, merchandise business processes, inventory and licensed / food. A period of rapid evolution included some of :

* Double digit increase in international merchandise purchases with up to 500 bpts margin increase in the respective categories..

* Development and expansion of a complete framework and technology for external bids, operating expense control and opportunities. This was a highly successful program driving out thousands of non-qualified suppliers and decreasing operating expense and capital spend inclusive of many functional buys (i.e. marketing, delivery) that were historically exempt.

* Innovative introduction and profitable management growth in a large group of businesses across retail stores and catalogue businesses creating substantive company leading EBITDA contribution with zero working capital.

* Mentorship and supply of a number of senior future industry leaders.

NATIONAL FINANCIAL MANAGER, MERCHANDISING AND MARKETING

Sears Canada 1994-2001

Provided financial leadership and support for entire merchandising and marketing environment through a team of 40 dedicated accounting and broad based business professionals.

* Consistent support of executed operating budgets better than planned.

* Construction, oversight and leadership with the COO of a corporate capital oversight committee during a period of rapid growth. This included approval of all material financial business cases which greatly enhanced decision making.

* Financial leadership and approvals during a period of rapid change in inventory processes driving 52% uplift in turnover in the elimination of 30 MM in future contractual obligations.

* Installed margin guidelines and processes driving significant long term improvement recognized as one of 1995’s “Best Management Associates”.

* Co-lead on the successful financial legacy replacement in 1999/2000.

REGIONAL FINANCIAL CONTROLLER, EASTERN REGION

Sears Canada, Toronto 1991-1992

Responsible for the complete financial oversight and planning for 58 diverse retail locations inclusive of full P & L, balance sheet and capital spend with 8 decentralized team members.

DIRECTOR, INTERNAL AUDIT 1988-1991 Sears Canada, Toronto

Developed and implemented through a staff of 30 audit staff in six offices nationwide over 500 internal operating and financial reviews across all lines of business each year, on plan and budget.

EDUCATION BA, ECONOMICS, POLITICAL SCIENCE

Wilfrid Laurier University, Waterloo 1979

CERTIFICATIONS CHARTERED PROFESSIONAL ACCOUNTANT, CMA

License 526-***-****

Continued professional development with CPA Ontario inclusive of significant student recruitment and development.

VOLUNTEER WORK BOARD MEMBER

Boys and Girls Club of Canada, Toronto 2013-2015

MS Society of Simcoe 2015-

Southlake Residential Care Village 2015-

SPORTS COACH

Minor hockey, soccer and baseball, Aurora (24 teams) 1993-present

HOUSE LEAGUE PRESIDENT& BOARD MEMBER 2001-2006

Aurora Youth Soccer Club, Aurora

CUB AND SCOUT LEADER

Scouts Canada 1995-2000

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