Product Development Business

Wilfred “Ben” Monette

**** ** ***** **.

Cell: 360-***-****

E-mail: **************@*****.***

PROFILE

I am a well-seasoned and experienced global business manager offering extensive skills and knowledge in the management of product development, domestic and global sourcing, new business development, and operations within consumer goods based manufacturing businesses in both domestic and international markets.

SUMMARY OF QUALIFICATIONS

An extensive background in global business including marketing, operations, product development, project management, materials and profit and loss.

A solid understanding of manufacturing processes and procedures. Excellent engineering and technical know how and experience in consumer goods. A truly diverse background in manufacturing and operations, including international business across Asia and Europe.

Strong negotiating skills including lead negotiating roles in supplier contracts exceeding $5MM annually. Solid experience in budgeting and forecasting.

Supported new product introduction strategies resulting in revenue growth of 100% in consumer products. Highly skilled with development of strategic business alliances. Strong commitment to quality, including industry safety standards and consumer product compliance matters.

PROFESSIONAL EXPERIENCE

Insitu, Inc. November 2011 – March 2023

Bingen, Washington

Supplier Manager

Strategic supplier management, working on RFQs and RFPs, order placement and on time deliveries as well as supplier performance ratings based on KPIs. Acted as POC for supply on NPI projects.

Negotiated supplier agreements and terms and conditions of purchasing contracts. Nautilus, Inc. August 2000 – August 2011

Vancouver, Washington

Sr. Sourcing Manager, Global July 2006 – August 2011 Managed $80MM in China and Taiwan sourced buys from the company’s primary suppliers. Actively managed all business relations for Nautilus with several large contract suppliers in the US, Taiwan, and China, including negotiation of supplier agreements. Engineered an exclusive supplier agreement resulting in a lifetime documented savings of $15MM for the Company’s flagship fitness product.

Initiated activity to consolidate the global supply of electronic assemblies resulting in establishing a single sourced provider.

Acted as team member on New Product Introduction projects to be sourced globally. Extensive understanding of Asian business operations as a result of regular travel to and interaction with Asian business partners.

Go-To-Market Manager / Product Manager June 2004 – July 2006 Managed New Product Introduction and engineering projects to be sourced globally for a $500M consumer products company.

Managed multiple projects to ensure timely completion resulting in the introduction of 6 new products over a two-year time period.

Served as a cross-functional liaison between internal functional groups and global suppliers. Product Development / Global Sourcing Manager August 2000 – June 2004 Structured, staffed and managed the product development group domestically and in Asia. Managed the introduction of the first fully engineered new product for Nautilus. Established a formal Engineering process to include documentation and ECO’s. Key member of a team that developed quality standards for the Global Sourcing base. Reduced overall warranty costs through the use of Value Engineering and alternate suppliers. Lead the team that broadened the Asian sourcing base that led to lower COG’s and higher quality standards. Involved in the development and sourcing of several new product lines. Participated in contract negotiations with key suppliers and product inventors. EDUCATION

BS Business Administration, State University of New York, Buffalo, NY. COMPUTER SKILLS

OJDE, MRP, ERP, MS Word, Excel, & PowerPoint.

INTERESTS

Boating, kayaking, skiing, hiking biking.

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