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Exec VP

Location:
Palm Beach, FL
Posted:
September 25, 2022

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Resume:

Joseph Polidore

COO, Exec VP - Manufacturing & Distribution

954-***-**** adsqfn@r.postjobfree.com Palm Beach, Florida

OVERVIEW

Extensive experience in manufacturing and product distribution, Strategic and Tactical Operations,

business development, vendor evolution, digital marketing and advertising, sales and customer service, shipping and logistics, for business to business and business to customer.

Expertise includes finance, business strategy, budgeting, full P&L oversight of Client companies with total yearly gross revenues exceeding $1.0 bil. USD. Microsoft suite, ERP, MRP and MES integration, QuickBooks Enterprise 2018,19,20, and 2021, contract negotiations, demand planning, purchasing, inventory control, vendor relations, staging, purification systems, dry and wet chemical blending, special projects, environmental test chambers for HASS and HALT testing, R&D, control system prototype development, warehousing, risk mitigation, safety, fleet management, distribution-national and international, data analysis, government relations, EPA, CAMEO, ALOHA, OSHA, ISO 9001-2015/2020, NIST, IT and HR.

Contractor and Engineers hiring for the trades: General Contractor, electrical, plumbing, welders, lamination, detailers, engine rigging, pre and final assembly, Quality Control, HVAC, fire systems, security systems, architectural and engineering plan review, CAD, renderings, licensing, entitlements, and utilities.

Corporate turnaround specialist, performance measurement, strategic planning, restructuring, vendor negotiation, ops management, M&A due diligence, and post-merger integration across multiple industries. Oversight of executive teams, upper management, stakeholders, legal and compliance

Adept at launching new operations, turning around underperforming businesses, improving productivity, reducing costs, increasing market share and revamping operations and sales processes, as needed. Dedicated to leadership, building, motivating and preserving multi-cultural high-performing teams, that consistently exceed corporate and customer expectations.

EXPERIENCE / ROI

World Tool and Supply 01/2019 – Present

International Tool and Supply distribution company

Financial Operations

Working with owner to grow start-up company. Restructured QuickBooks Enterprise 2018 through 2021, master chart of accounts, vendors and customers, Profit and Loss statement, Balance sheet, prepared back of house info to facilitate 2018, 2019, 2020, 2021 Federal tax return. Set up Vendor early pay discounts and Credit Card payments to increase margins by 2-4 %. Secured Credit line to facilitate cash flow allowing negotiated early pay discounts.

Parental care and Patient advocate (Mother) 08/2017 – 11/2018

* My mother passed away the first week of November, after 13 months, from stage 4 Brain Cancer.

Fountain Liberty Marine 04/2015 – 08/2017

Family-owned Holding Company for Fountain, Donzi, Baja, and ProLine Fiberglass Boat Manufacturing USA, Baja Marine, FBC Marine Group, The Boat Collection, and Yacht Management companies

Executive VP – FBC Marine Group and The Boat Collection

Executive VP of Manufacturing - Baja Marine – Fountain, Donzi, Baja, and ProLine Boats

Designed, time-lined, prioritized and built new assembly facility on time and under budget

Reduced plant liabilities by (- $375,000) in the first 60 days by reorganizing supervisory staff, direct reports, production schedule and completion, quality control and employee accountability

Saved company (-$255,000) by re-analyzing and canceling existing non-profitable contracts

Renegotiated over 40 Vendor contracts = credit terms after being on COD for over 7 years

Increased production levels from (1 boat to 14 boats) per month in the first 90 days

Rebranded FBC Marine Group, new logo, new member orientation and training package, pricing, advertising, reservation system, website design, all day-to-day operations, boat maintenance and repairs

Left company for personal reasons

MCSG, Ft Lauderdale, Florida 01/2005 – 12/2014

Management division of a Private Family Trust Equity Investment Firm for 86 Funded Client Companies

ie; Manufacturing and Distribution, Electronic control systems, Robotic Process Automation, AI, ML, Plastic Thermoforming, Composite Mfg, OEM finisher Paint, Gel and Powder Coat, Dry and Wet Chemical Blending, Technology and R&D Companies, Purification Systems, Engineering and Design, Fiberglass & Steel Manufacturing, Lumber and Steel Mills, High Speed Packaging, E-commerce, Sales and Marketing, SEO, SEM, PPC, SaaS, SaP, B2B and B2C Shipping and Logistics, and Commercial Construction.

Chief Operating Officer

Created teams to restructure struggling companies to turn-around performance, by reorganizing management, redefining employee’s positions, pricing, developing new and existing strategic resources. Utilized sales data and margin analysis to conduct contract post mortems.

Reduced COGS and GS&A by -5.2% (-$1,144,206) in first 3 months in HVAC company

Increased Gross Revenue by +8% YOY, to $49.1 mil B2B supplier Lumber & Wood products

Increased NOI by +4% YOY (+$1,424,000) by exceeding BDP Construction roads/bridges

Spearheaded strategic and financial analysis and production meetings, also, coordinated units and personnel, to promote an immediate impact on Sales, Web Presence, COGS, Schedules, Production, Waste, Delivery, Payments and Collections.

Increased NOI of Electrical Mfg company by +3.8% YOY (+$912 K)

Increased Trucking Company Gross Revenue YOY by +7.9% (+$ 1,817,060)

Increased NOI by +3.1% (+$1,736,000) YOY Glass Mfg and Distribution Company

Initiated purchasing priorities to improve Vendor relations, terms and cash flow. Reviewed all budget proposals and lead monthly, quarterly and yearly audit teams by project and division

Completed projects on time and within budget. Coordinated attorneys, architects, contractors, municipalities, government officials, environmental agencies, OSHA, IT and HR

Trained, motivated, supervised and rewarded all key executives, management and personnel

Patriarch of the family trust died unexpectedly. Trust was liquidated as of Dec 2014

EDUCATION

Business Management, BBM

Pennsylvania Business Institute

J Polidore 954-***-**** adsqfn@r.postjobfree.com



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