FRANK PARENTE 110 Evergreen Pt / Fayetteville, GA 30215 / T: (770) 716-3831; M: (678) 763-7124 frank.parente@brdcus.com / http://www.webprofile.info/fparente/ SENIOR BUSINESS STRATEGY EXECUTIVE / COO Managing speculation; Employing Six Sigma decision-making mentality; Assuring competitive advantage Senior executive and strategist with extensive and unique experience leading operations supporting complex procurement/logistics functions and hedging strategies from new startups and logistics firms to government investment companies – generating millions of dollars to top and bottom lines. Successfully built and led cross-functional teams streamlining and enhancing inventory/logistic operations. Highly effective conceptualizing and implementing worldclass hedging/supply chain strategies minimizing risks and non-compliance issues across client enterprises. Excel at leveraging strategic alliances, process improvements, and negotiation skills positioning firms for maximum market growth. Strong track record integrating entire range of business functions, knowledge, and resources in support of new business startups and turnaround situations. CORE LEADERSHIP COMPETENCIES Procurement / Operations Management Leveraging Global Alliances Risk Mitigation Strategies Contract Management & Negotiations Team Leadership & Collaboration Process Improvements Supply Chain / Logistics Management Startup & Turnaround Situations Strategic Planning & Execution PROFESSIONAL EXPERIENCE YORKSHIRE FORWARD – Yorkshire, England 2006 – Present Senior Operation / Business Development Consultant, North America Regional Development Agency serving the Government of Yorkshire, England. Provide leadership and support for Yorkshire Regional Government that includes managing business relationships with C-level executives at North America companies. Manage and develop five direct reports. Create comprehensive operational plan for technology transfer and investment process from Aerospace, Defense, Commercial Aviation, and NASCAR verticals. Assist North America investors in managing grant funding process, building costs, and technology requirements. Selected Achievements $1 million in new R&D membership fees generated by designing and implementing marketing plan that leveraged key partnerships promoting AMP’s brand critical to securing pipeline of 15 industry-specific prospects. Led team that secured $8 million grant for the construction of a $40 million machining facility on behalf of U.S aerospace and defense company. BUSINESS RESOURCE DEVELOPMENT CO, INC. – Fayetteville, GA 2006 – Present President Consulting firm specializing in providing hedging/logistics strategies to metal, aerospace, and defense industries. Founded and managed consulting firm serving U.S. commodity metal producers and major aerospace and defense contractors. Designed and executed hedging strategies for procurement of commodity materials used in contracts with DoD and MoD. Developed business plans based on client needs assessments. Assisted third-party logistics provider in creating MRO and store management services for U.S newsprint, commercial printing, and mining verticals. Selected Achievements Identified 10% cost savings on $100 million in annual purchases achieved by applying hedging strategies stabilizing volatile energy prices for long-term sales and purchase agreements, ensuring compliance with corporate requirements regarding speculation. STRATEGIC DISTRIBUTION, INC. – Bensalem, PA 2003 – 2005 Director of Operations Integrated MRO supply company. Recruited to establish and retain key relationships with telecommunication and power companies for MRO services and to restructure business model to developed sales. Developed food and beverage and printing verticals. Managed and trained three direct reports. FRANK PARENTE, Professional Experience, Continued… PAGE 2 OF 2 Selected Achievements Delivered multimillion-dollar sales growth for a $1 billion manufacturing firm produced by shifting client business model from targeting single to multi-plant firms, providing enterprise solution across a large plant network. $10 million contract renewal and $1 million additional revenues secured by leading cross-functional team designing performance metrics in support of the tracking and management of inventory for a global multi-national. HARTE HANKS LOGISTICS – Deerfield Beach, FL 2002 – 2003 VP of National Sales General commodity logistics group. Oversaw national distribution of time sensitive mail and advertising materials for major U.S. retailers. Led the startup and management of a diversification program to double sales in three years. Selected Achievement $16 million in sales growth in first year with $1 million added in warehouse management services achieved by executing strategy that provided diversified product offerings in transportation and logistics services to key clients. CON-WAY LOGISTICS – Chicago, IL 1999 – 2002 Director Start-up third-party logistics company. Selected to develop and promote high-level warehouse value-added services, cross-dock, and vendor-managed inventory and transportation management services based on Six Sigma, EDI, and state-of-the-art i2 technology. Collaborated with sister companies facilitating import/export sales. Selected Achievements $6 million in sales with $1 million in annual cost savings generated by launching global supply chain strategies consolidating warehouse operations, ensuring vendor compliance and optimizing transportation for U.S. firm. $4 million in revenue growth with 19% costs reduction produced by introducing a structured Six Sigma approach, streamlining and enhancing supply chain processes and maximizing delivery performance across client operations. VORBERGER GROUP LTD – Sewickley, PA 1986 – 1997 Managing Partner / COO Global trading, logistics, and consulting company specializing in commodity metal products. Led operations for entire company with accountability for strategic planning and execution, transportation, warehouse operations, sales, marketing, distribution, client interface, credit, risk management, hedging, and market analysis. Selected Achievements $300 million in growth in three years captured by establishing financial accounting system and metrics, accurately assessing and valuing inventory, complex futures & options, and P/L positions in real time. 30% price benefit for nickel achieved by designing complex hedging strategies minimizing price volatility and noncompliance issues within procurement contracts for key clients. 300% in profitable growth for client enterprise delivered by forging strategic alliance with German bank and mining company guaranteeing timely delivery of product in global markets, producing $400 million in capital for manufacturing company with $1 million generated in NIBT for the partnership. $10 million in revenue growth within two years garnered by adding several manufacturing lines that resulted in penetrating U.S. markets and securing addition of 15 new customers. 30% slashed in ocean freight/logistics costs with 2% improvement to NIBT achieved by successfully negotiating long-term freight agreement, significantly reducing volatility in pricing for logistics solutions. 57% cut in logistics costs with $1 million increase in NIBT by devising and executing a business strategy to market and sell entire product line key to positioning firm for competitive growth despite declining market. Previous Position: Group VP – Nickel Products Group, New York, NY (1980 – 1986) Managed global operations and sales staff in 65 countries. EDUCATION B.A. in Business & Government, University of Notre Dame, South Bend, IN Certification: Six Sigma Green Belt, Con-Way Logistics 110 Evergreen Pt / Fayetteville, GA 30215 / T: (770) 716-3831; M: (678) 763-7124 frank.parente@brdcus.com