V.P. Product Development
NACCO Materials Handling Group
Defined the organizational structure and managed the corporate Product Development Center for this global leader in mobile, industrial equipment manufacturing. Annual operating budgets exceeded $20M with a staff of 160 comprised of Design/Test/Manufacturing Engineering, Purchasing, Finance, Shop Operations, Information Technologies, Facilities Management, Human Resources, Data Configuration Management, and Technical Publications. Organization changes resulted in reduced cycle times for new product development and better responsiveness to needs of customers, suppliers, and manufacturing operations.
-Led successful product development of multiple forklift product lines produced on 3 continents for 3 brands with annual sales in excess of $1.2B.
-Established and directed a fully integrated, multi-function corporate product development center.The focused, co-located project team approach resulted in a 30% reduction in product development times with more efficient utilization of resources.
-Guided product value improvement activities that resulted in more than $10MM/year in margin improvement.
-Advanced the successful implementation of Demand-Flow, pull manufacturing systems that resulted in up to 50% reductions in product assembly labor costs and major reductions in finished goods inventories.
-Instituted an engineering reorganization that placed engineering staff with product improvement responsibilities at six globally distributed manufacturing plants. Achieved faster engineering response times for product improvements and better response to customers’ geographic preferences.