Ty Shirley

Vermilion, OH ***** • 440-***-**** • ad1qoq@r.postjobfree.com • linkedin.com/in/ty-shirley

Professional Profile

An accomplished, dynamic senior executive with experience in operations, finance, sales, strategic planning and engineering. Recognized by peers as a confident and capable individual with the ability to “see the big picture” and implement the appropriate procedures needed to ensure the accurate completion of corporate projects. Possesses a sound financial background and demonstrates a keen ability to motivate professional staff members to the full extent of their potential. Areas of Expertise

Strategic Planning Policy & Procedure Development Training & Development Operations Management Forecast Management, SIOP Master Black Belt Financial Accounting & Reporting Budget Preparation Multi Facility Management Lean Manufacturing, DBS & TPS Inventory Management, Kanban / MRP Contract Negotiation Financial Planning & Analysis Mergers & Acquisitions Sales & Marketing Professional Summary

CEO / COO / President, Laszeray Technology, LLC. (An HTV Industries Business) 2015-Present Overall P&L responsibility for a $52M multi-site contract manufacturer that provides integrated engineered solutions for complex applications supporting diverse market segments within the medical, small appliance, industrial, recreational vehicle and aerospace markets. Led the results-oriented team of 160 members focused on injection molding, CNC machining, tooling and VA/VE assembly.

• Developed and implemented Strategic Plan to deliver sustainable diversified revenue expansion at a CAGR of 26%; 325% increase in revenue over 5-year period.

• Created Vision and Mission to focus on Value-Add Solutions to deliver increased value through customer and market diversification growing the customer base by 680%. Expanding sales coverage globally through strategic sales representation within key target markets.

• Led cross-functional OPEX Teams to deliver improved Gross Margins by 12pts through deployment of Lean Mfg. Tools, strategically aligned with Policy Deployment Initiatives.

• Deleveraged Balance Sheet to deliver significant Working Capital improvement of 32% through strategic inventory reductions of $2.8M, improved terms leverage with key accounts and favorable AP negotiated program terms.

• Drove improved EBITDA performance to 20.8% by focusing on segment and key account development, OPEX initiatives and leveraged price increases; 333% expansion over 5-year period.

• Led Engineering Team on the development and implementation of alternative materials, delivering a 23% improvement in Value-Add Material Margin supporting further Supply Chain flexibility.

• Member of the Board of Directors, delivering Quarterly Business Updates, Annual Operating Plan, Strategic Plan and facilitating strong value-add relationships with external Board Members.

• Established strong Leadership Team through talent management, organization development, and professional development. Led a culture of empowerment and accountability to facilitate change creating intrinsic value.

• Implemented ERP System – Epicor Kinetic to align operating systems for real-time reporting between cross functional departments.

Director of Operations, Zook Enterprises (An HTV Industries Business) 2013-2015 Senior leader responsible for all departmental functions at manufacturing locations located in Cleveland, OH and Toronto, CA. for a $35M Global Leader of metal and graphite over-pressure protection products. Implemented Lean Manufacturing System into Global Business System to build scalable processes that increased operational leverage creating intrinsic value.

• Deployed ZBS (Lean Business System) to leverage operations to align focused operational improvement delivering OTD improvement from 72% to 97% in 9 months; recognized capacity improvements of 27% while delivering OEE of 86%.

• Improved Gross Margins by 18pts through efficiency gains with the integration of automation increasing flexible capacity, transitioning from a 24/7 schedule to a 24/5 schedule generating Direct Labor Savings of over $1.1M.

• Led Engineering Team on the development and implementation of alternative materials, delivering a 12% improvement in Value-Add Material Margin through the integration of isotropic graphite optimization.

• Implemented Global ERP System – Microsoft Dynamics NAV to align operating systems for real-time reporting between cross functional departments globally.

Ty Shirley

Business Unit Manager / Plant Manager, Akro-Mils (Division of Myers Industries Inc.) 2009-2013 Developed and executed the strategic and tactical initiatives for a diverse $45M injection molding and metal fabricating facility supporting the Industrial Distribution, Consumer Products and Medical Device Markets. Managed all functional areas of the business including; operations, engineering, quality, maintenance, materials, human resources and accounting to facilitate improved profitability. Coordinated and directed the daily activities of 9 direct reports and a staff of 200 associates.

• Led operations through elimination of $780K in past due orders through Lean Manufacturing initiatives within a 4 month period utilizing VSM, Standard Work and Lean Conversion Tools.

• Drove Lean Manufacturing initiatives that contributed to company’s OTD improvement from 73% to 98% in 6 months, recognized significant Productivity Index gains from 27% to 68% (OEE 89%), and reduced labor as a percentage of COGS from 9.3% to 5.2% while supporting 14.3% CAGR in revenues with 25.7% CAGR in EBITDA.

• Implemented Kanban System utilizing SIOP process model resulting in a $3.4M reduction in Raw, WIP and FG Inventory providing greater visibility to level load workforce based on forecasted demand, as well as, improved total Inventory Turns to 9.6. Reduced lead times on all stock items from 10 days to 1.7 days.

• Facilitated / Led monthly Kaizen events to create dedicated and mixed-model production cells and validated alternative materials / processes which drove a reduction in COGS by 6%; recognized positive PPV and MV’s of $6.8M savings over 4-year period supporting Operational Excellence Initiatives. Led effort to reduce supply base by 24%, implemented outsourcing / LCR program that delivered annualized PPV of $760K 2012.

• Sustained ISO 9001:2008 certification through robust Quality Management System deriving improved External PPM performance to 1,078ppm, Scrap Levels at 1.3% and Customer Complaints at .3% supporting 14,000 SKU’s.

• Championed Safe Start Safety Program supporting reduced OSHA I.R. from 8.3 to 1.4 over 4 year period through behavioral based audits, 5S initiatives and OBI Training.

• Directed the NPD launch of 22 new products over a 4 year period, supported by the project management of a $2.2M Capex Budget annually.

• Successful deployment of SMED and TPM tools to reduce DT by 37% yielding increased earnings by 114% and plant absorption by 59%.

Director of Operations / Director of Finance, Audiopack (Division of Ultra Electronics Corp.) 2007-2009 Directed the turnaround of a $20 million operation through a complete organization restructure including operations, finance, materials, quality and production engineering. Responsible for operations management, implementation of Lean Manufacturing Systems, information systems management, financial management and reporting. Coordinated and facilitated the daily activities of 7 direct reports and a staff of 93 associates.

• Led operations through elimination of $1.2 million in past due orders through Lean Manufacturing initiatives within a 5 month period utilizing Value-Stream Mapping, Standard Work and Lean Conversion Tools.

• Drove Lean Manufacturing initiatives that contributed to company’s delivery improvement from 47% to 93% in 7 months, recognized significant efficiency gains from 65% to 91%, reduced direct labor as a percentage of COGS from 12.5% to 8.1%.

• Implemented a Kanban system which drove a reduction in COGS by 8%, recognized positive PPV of $167k from a negative PPV variance of $250k over the prior year.

• Established plant-wide 5S and optimized plant flow through shop re-layout, manufacturing cell set-up and cell performance indicator boards (SQDIP).

• Improved Operating Cash by 333% and Cash Conversion by 646% through reduction in DSO of 10 days, increasing creditor days by 15 days, strategic price increases over the entire product portfolio and an overall 10% increase in Gross Profit resulting from intense application of Lean Manufacturing Tools.

• Championed reduction in both supply base by 44% and SKU’s by 38% through maximizing LCR objectives and procurement of subassemblies through long term consignment agreements.

• Implemented PSI process resulting in a $1.6 million reduction in raw materials inventory and provided greater visibility to level load work force requirements based on forecasted demand. Reduced average lead times from 12 weeks to 8 weeks on all custom communication apparatus.

• Directed the successful implementation of the Epicor Vantage ERP system supporting all areas of the business including order entry, manufacturing operations, quality, engineering and financial reporting. Defined process mapping for entire organization.

• Developed new product costing methodology resulting in improved management of manufacturing variances, product pricing and customer & product profitability reporting. Drove the successful turnaround strategy and consolidation of internal business units / product platforms through extensive market research and internal cost structure analysis.

• Developed and managed implementation of internal controls, policies and procedures in accordance with IFRS. Ty Shirley

• Increased sales 33% while increasing operating profit by 88% over the prior year. Constructed 5 year Strategy Plan to support 16.3% CAGR in revenues with 42.4% CAGR in operating profits supported by commercialization of 14 New Products, consolidation of product platforms and intensive utilization of Lean Manufacturing Tools.

• Prepared AOP, Budget and 5 Year Strategy Plan for $20 million organization. Reviewed actual results vs. budget and short term forecasts to analyze and report trends to President and Managing Director.

• Responsible for preparation of monthly financial package to corporate and internal package to Audiopack SET. Prepared monthly forecasts, flash, LIFO and E&O schedules. Directed all month end closing schedules, completed all year end closing duties including federal tax forms 1040’s, 1099’s, audit and tax schedules for Head Office. Director of Operations, Joslyn Hi-Voltage Corporation (Division of Danaher Corporation) 2004-2007 Led all facets of Operations through complete organization restructure including manufacturing, materials, quality, manufacturing engineering and lean/continuous improvement for a $50 million multi-site operation. Direct the daily activities of a staff encompassing 191 associates through performance management, production management, process engineering and quality systems establishment.

• Led operations through elimination of $2 million in past due orders through lean (DBS) initiatives within a 4 month period.

• Established plant-wide 5S and optimized plant flow through shop re-layout, manufacturing cell set-up and cell performance indicator boards.

• Drove lean manufacturing initiatives that contributed to company’s delivery improvement from 54% to 91% in 4 months.

• Championed reduction in both supply base by 35% and SKU’s by 57% through maximizing LCR objectives and procurement of subassemblies through long term consignment agreements.

• Implemented PSI process resulting in a 25% reduction in raw materials inventory and provided greater visibility to level load work force requirements based on forecasted demand. Vice President, Lakeland Fasteners, Inc. 2000-2004 Developed business and corporate level strategies, created annual and strategic financial plans for a start-up manufacturing facility. Responsible for P&L, sales, operations and major divisions of the business organization. Accountable for the implementation of Lean Manufacturing System, Team Directed Involvement, improved flexibility and coordination of sales force. Analyzed sales, operational costs and production data in order to determine facility’s progress towards established requirements.

• Increased sales from $0 to $4 million dollars annually in just under a three-year period, with consistently obtaining and exceeding a net income of 38%.

• Developed a strategic plan with sales growth of 42% CAGR and profit after tax growth of 17% CAGR while industry segment growth at 2%.

• Implemented a Lean Manufacturing System resulting in a 23% reduction in WIP, 70% reduction in First Run Capability and 15% reduction in customer PPM.

• Teamed with production engineering and quality assurance in directing and implementation of automated manufacturing cells for annual cost savings of $137,000.

• Successfully directed single plant operation in achieving ISO 9002 certification. General Manager, Valley Rivet Co. (Acquired North Coast Rivet Co., Inc.) 1998-2000 Responsible for the direction of such pivotal activities within engineering, operations, sales, and major divisions of the business organization throughout three manufacturing facilities yielding sales of $30 million per annum. Assisted the President and CEO in the formulation and administration of organizational policies and the development of long-range goals. Conducted competitive analysis, evaluated business opportunities, developed business plans, and conducted operational assessments of each facility. Directed the daily activities of a staff encompassing 127 professionals and coordinated sales and sales teams throughout the facilities. Reviewed sales, costs, operations, and data in order to determine the extent of each facility’s progress towards goals and objectives.

• Obtained a 30% growth in sales and increased overall profit margins by 10%. Reduced scrap levels by 5%, decreased lead times by two weeks and generated an annual cost savings of $328,000.

• Diminished the cost of goods sold by 18% through the implementation of consignment programs with regular suppliers. Reduced inventory by more than 47% for both raw materials and finished goods.

• Successfully directed multi-plant operation in achieving ISO 9002 certification.

• Managed $3.4 million capital budget and building expansion in order to increase production by 42%. Ty Shirley

• Replaced and trained a sales group to address the needs of a manufacturing and distribution operation. Resulted in: improved customer service, better product management, targeted sales management and more defined system flows. Consolidated rep group from 150 agencies to 50 agencies.

• Implemented a Lean Manufacturing System resulting in a 15% reduction in WIP, 75% reduction in First Run Capability and a 27% reduction in PPM.

Vice President of Operations, North Coast Rivet Co. 1993-1998 Coordinated multiple activities within such divisions as production, sales, quality, and purchasing for a diverse fastener manufacturing company. Analyzed financial statements to achieve goals and objectives and administered any pertinent changes therein. Conducted detailed reviews of production reports and resolved any operational, manufacturing, and maintenance problems in order to ensure minimal costs and prevent operational delays.

• Increased sales from $2 million to more than $5 million over a three-year period.

• Implemented Continuous Flow / Lean Manufacturing System in order to reduce scrap by 8%, reduce lead times by one week through the implementation of manufacturing cells, and a 70% reduction in First Run Capability.

• Bolstered profit margins by 33% through efforts that allowed for the reduction of costs from outside suppliers.

• Analyzed WIP, improved material control and reduced inventory by $230,000 over a two-year period, a 54% increase in inventory turns.

• Reduced in-process inventory, streamlined the scheduling and improved the purchasing process in order to reduce cycle time by 75%.

Manufacturing Manager 1993-1995

Education

B.S.B.A., Ashland University, Business Management / Finance Danaher Executive Leadership University, Operations / Materials Willing to Travel • References Available upon Request

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