East Earl, PA 17519 Telephone: 717-475-9759 kmfe04c2@westpost.net OPERATIONS MANAGEMENT BUSINESS DEVELOPMENT/SUPPLY CHAIN/PERFORMANCE IMPROVEMENT PROFESSIONAL PROFILE a Strategic Operations Manager with notable success leading supply chain operati ons to ensure cost-effective logistics and distribution processes for a Fortune 100 worldwide organization. a Delivers sales and marketing strategies to achieve growth and profitability by launching new products, analyzing market trends, conducing demographic analyses , and developing community initiatives that improve sales volumes/profit margins . a Manages a $5.5M inventory budget with P&L responsibility and improves inventor y management by implementing best practices such as ERP protocols that improve p rocess efficiencies, storage capacity, and cash flow. a Directs purchasing ensuring the availability of products needed for operations , developing vendor relations, negotiating competitive pricing, forecasting, and managing vendor contracts. a Manages and develops a team of 8 Supervisors with accountability for 400+ empl oyees on a 3 shift operation. a Improves processes that reduce overhead, streamline operations, control costs, and utilize staff effectively. a Drives customer satisfaction by providing an exceptional level of service to c ustomers. CORE COMPETENCIES Operations: Budget Planning & Management * P&L Management * Human Resources Mana gement * Staffing/Team Building * Mentoring * Training & Development * Leadershi p Development * Performance Management * Maximizing Performance * Employee Relat ions * Organizational Development Business Strategy: Strategic Planning * Tactical Implementation * Innovation * C hange Agent Supply Chain: Cost Containment * ERP/MRP System Protocols * Vendor Relationship Management * Product Specifications * Variance Management * Distribution * Logis tics * Demand Forecasting Purchasing: Category Management * Modular Planning * Plan-O-Gram Management * T rend Analysis Forecasting * Contract Administration * Inventory Management * Me rchandise Planning Software Sales: Business Development * Forecasts * Expansion * Market Trend Development * Repositioning Products * New Product Development * New Product Launches * Dem ographic Analysis PROFESSIONAL EXPERIENCE PEP BOYS a" MANNY, MOE AND JACK Philadelphia, PA 2008- Present A $2.3B specialty automotive retailer Supply Chain Analyst, Promotional Inventory a Manage demand forecasting (initial and follow-up) for all promotional merchand ise activities for 567 store chain. a Responsible for $29 million inventory budget through five site distribution ne twork a Develop strategies for seasonal merchandising initiatives through inventory su pport and trend analysis Selected Accomplishments: * Improved the promotional request process to a consistent, actionable approach with full impact analysis on overall inventory growth along with maximizing rate of turn by setting minimum performance metrics for feature merchandise. * Implemented new demand forecasting system to minimize inventory spend while im proving DC service levels by an average of 11% in three months. * Developed forecast variance analysis tool that has improved overall forecast a ccuracy by more than 55% over a one year period, driven primarily through trend reviews that capture true lost demand at both store and DC operating levels. BEANIES OF LANCASTER, INC. Lancaster, PA 2006- 2008 A $3.5M specialty food manufacturer Purchasing Director/Production Planner a Oversaw purchasing of 400+ ingredients/packaging materials to manufacture gour met food items and portion cup products. a Provided consultation on business strategy for product pricing, vendor relatio ns, inbound materials, and operations analyses. a Directed the cold-chain distribution by maintaining the proper temperature ran ge acceptable for retail purchases. a Managed packaging solutions for private label and co-pack manufacturing partne rs in glass and plastic portion cup material. Selected Accomplishments: * Improved the cost of ingredients 25% by organizing ingredient inventory, utili zing new suppliers with lower pricing, improving quality, and developing ERP pro tocols through inventory organization. * Increased sales 27% by establishing a purchase order system to track ingredien t acquisitions and develop systems to provide key components. * Reduced packaging inventory carrying cost 15% by removing unproductive items a nd instituting a ajust in timea strategy to purchases that improved cash flow an d asset utilization. * Developed an ERP System protocol and implementation strategy that yielded a co st reduction of 22% in ingredient and packaging acquisition that enabled increas ed capacity of warehouse storage space through demand forecasting improvements t o allow for larger projects. Final software solution reviews centered around SAP and Sage Software (MAS 200) for ERP implementation. * Improved finished product quality by implementing FIFO inventory management an d establishing a documented coding system for accurate dating and cold chain man agement resulting in rejected finished goods declining by 90%. WAL-MART STORES, INC. 1996- 2005 A Fortune 100 world leader retail corporation with $378.8B in revenues and 1.9M employees. Store Management, Parkesburg, PA; Cherry Hill, NJ; East Windsor, NJ; Morgantown, PA; Lebanon, PA (2002-2006) a Managed retail store operations for supercenter locations ranging from $80M-$9 7M in revenues within NJ and PA. a Opened 3 new stores with accountability for hiring and training staff, setting up merchandise displays, and ensuring a seamless and profitable start-up of bus iness operations. a Responsible for performance management and training/development needs for up t o 400+ associates. a Directed a staff of 8 Supervisors with accountability for up to 400+ associate s for a 3 shift operation. a Managed the P&L, demand forecasting, and budgeting for up to $97M in annual vo lume. a Directed an inventory budget up to $5.5M, maintaining key operating parameters to minimize inventory carrying costs and inbound logistics with local vendors. a Supported corporate marketing strategies in launching new products and develop ing astore of the communitya initiatives that maximize sales volume. a Supervised the execution of cold chain management and food safety standards to ensure proper sanitation and product freshness for customers. Selected Accomplishments: * Improved inventory results to acceptable shrinkage level (from 1.05% to .21% , 5% better than goal) which increased profitability 22%, accelerated inventory t urns by 2 times, reduced employee turnover by 40%. * Improved employee morale by interviewing 30+ hourly employees to understand th e issues for sales under performance. Re-established communications yielding imp roved employee involvement and revenue growth of more than 10%. * Trained employees on inventory systems which increased annual sales 14% and ra ised profits 20%. In addition, inventory value dropped 30% while in-stock positi on improved from 97% to 99%. * Reduced accident-related costs 130% by establishing a new safety team that low ered the frequency of accidents and cut accident insurance premiums below the 3- year average, saving the P&L over $200K in year to year comparisons. Category Manager, Bentonville, AR (2001-2002) a Analyzed research data from the retail link database to make purchasing decisi ons for dish detergent/laundry care products. a Developed demand forecasting model for new item launches that generated a 50% improvement in start-up volume vs. traditional strategies. a Managed major vendor contracts including Proctor & Gamble, Lever Brothers, and Unilever and performed quarterly performance reviews such as shipping accuracy, ingredient cost numbers, and sales forecasts. a Developed trend analysis and item productivity reports to provide information for merchandise planning and sales growth. a Managed a $102M budget and developed emerging market trends to drive sales gro wth in 2 high growth consumable business categories. a Developed seasonal marketing plans and category modular designs using merchand ise planning software programs. Selected Accomplishments: * Increased stagnated sales in 14 out of 17 regions after reviewing data to spot retail sale trends. Enabled more funding for price reductions to grow sales and profitability through specifically planned product features to drive sales volu me. * Performed demographic analyses yielding new product developments that improved sales volumes by 11% and profit margins by 35% over existing base product lines . * Developed sales on higher margin products by redesigning modular planning of s helves. Improved the rate of inventory turns by almost one full inventory turn e nabling a 5% improvement of corporate cash flow. Manager, Tire & Lube Express Group Lebanon, PA and York, PA (1996-2000) a Managed a $2.6M automotive service center with a staff of 20 employees. a Performed financial analysis, P&L management, expense management, and made mer chandising decisions. Selected Accomplishments: * Reduced inventory levels by 29% over 2 years by controlling demand flow of mer chandise. * Doubled profitability with double-digit sales increases and reduction of expen ses by 3 percentage points. * Reduced accident cost exposure to zero from 1.6% of total sales prior to arriv al. EDUCATION Bachelor of Science, Economics THE PENNSYLVANIA STATE UNIVERSITY, State College , PA MBA with concentration in Finance, SAINT JOSEPHaS UNIVERSITY, Philadelphia, PA ( expected May 2011)
(Quantitative Perspectives On Behavioral Economics and Finance) James Ming Chen (Auth.) - Finance and The Behavioral Prospect - Risk, Exuberance, and Abnormal Markets-Palgrave Macmillan (2016)