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Bill Mcgrath is a Retired Chief Financial Officer at Retired Chief Financial Officer. He possess expertise in retail, management, strategy, process improvement, budgets and 42 more skills.
Retired Chief Financial Officer
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RetiredRetired Chief Financial Officer Apr 2015 - Present
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Executive Vice President And Chief Financial OfficerEvine Live Jan 2010 - Mar 2015Greater Minneapolis-St. Paul AreaEVINE Live is a publicly traded $675 million retailer based in Eden Prairie, Minnesota. Revenues are generated through programming on its broadcast television operations and through the internet. Responsible for all accounting, capital structure and finance, treasury, risk management, legal and regulatory functions. -
Adjunct Instructor -- Haub School Of BusinessSaint Joseph'S University Jan 2009 - Jun 2010 -
PresidentPrestige Evaluation Consultants Jan 2009 - Jan 2010Provide China based product quality control services to US retailers by pre-production factory evaluations, in-line production reviews and final finished goods inspections of apparel, home textiles and hard goods products.
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Vice President Global Sourcing OperationsQvc Jun 2008 - Nov 2008Assess sourcing strategies, define standardized operating procedures and controls, and examine additional global sourcing locations. -
Vice President Corporate Quality Assurance And ControlQvc 1999 - 2008Established and executed global quality assurance and product quality control strategies. •Established global overseas finished goods inspection program. •Launched China based quality control operations in June 2001. By 2008 team of 40 professionals in Shanghai and Shenzhen offices performed in-line and finished goods evaluations on over 4,900 China sourced purchase orders. Performed pre-qualifying factory evaluations on 250 separate manufacturing facilities. •Launched QVC direct-to-factory apparel and hardgoods product sourcing operations in China in April 2004. By 2008 full service sourcing office team of 30 professionals executed and sourced around 550 distinct purchase orders with aggregate first cost value around $24 million. •Spearheaded “Voice of the Customer” strategy by defining critical customer metrics, implementing sophisticated tracking and driving process improvement. Reduced customer reported damage/defective rate from 1.35% of shipped units to 0.77% of shipped units over three year period.•Defined and implemented supplier management program related to product delivery and similar product quality metrics. Remediated or winnowed out lower tier suppliers, significantly improving overall performance.•Directed product review and approval process evaluating nearly 25,000 distinct consumer products per year, with US sales of 125 Million units and $5.8 Billion per year, ensuring conformance to quality, packaging, regulatory and other requirements. -
Vice President Merchandise Operations And Inventory ControlQvc 1995 - 1999Directed open-to-buy management, demand management, vendor compliance and supplier management, and all management reporting for QVC merchandising and planning organizations. •Created highly sophisticated sales and margin metrics surrounding all aspect of broadcasting operations. Sales and net contribution margin per minute of airtime, sales and margin by customer stratification and annuity value of new names by product classification. •Created “waitlist” customer order system in which customer orders would be taken on sold out or out of stock items. Initiated processes for operational expediting of reorders and customer returns to fulfill waitlist demand. By 2008 fulfilled waitlist orders represented $300 million in shipped revenue for QVC. Process greatly enhanced inventory optimization through timely utilization of customer returns. •Lead QVC Distribution Center Inventory Control teams responsible for systems development, perpetual inventory slot accuracy and physical inventory execution. -
Vice President Market Research And Sales AnalysisQvc 1992 - 1994Created market research functions within QVC by establishing sophisticated data mining techniques covering transaction activity of 5 million active customer base. •Defined and implemented core business metrics of sales by customer strata, new name acquisition and annuity value by product entry, aggregate productivity value of airtime.•Led senior executive team forums in assessment of results and definition of opportunities. Developed business strategies to maximize sales and profitability.•Created “oversell” predictive fulfillment model which established a fractional inventory allocation of an order based on specific order characteristics. Improved inventory utilization and increased shipped sales percentage of total orders by 1.6% in first year. Reduced average backorder volume by 40% in first year by improving accuracy of declared sellouts. -
Director Financial Planning And AnalysisQvc 1990 - 1992Created budgeting and financial control systems for QVC in start up mode. Reported to Chief Financial Officer. •Designed and implemented PC based budgeting models and aggregate control process for distribution, customer service, broadcasting, merchandising and corporate cost centers. •Built sophisticated predictive models for income statement, cash flow, balance sheet and conformance evaluation with debt covenants. •Developed ROI driven capital budgeting system for $90 million annual capital expenditure budget. -
Assistant Corporate ControllerSubaru Of America 1983 - 1992 -
Assistant Corporate ControllerSubaru Of America 1983 - 1990Directed financial analysis and financial planning functions. -
Audit SeniorArthur Andersen & Company 1979 - 1983Led audit teams on a variety of financial and operational control audits for "Big 8" public accounting firm.
Bill Mcgrath Skills
Bill Mcgrath Education Details
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Finance And Marketing -
Accounting -
Bishop Egan High School
Frequently Asked Questions about Bill Mcgrath
What company does Bill Mcgrath work for?
Bill Mcgrath works for Retired Chief Financial Officer
What is Bill Mcgrath's role at the current company?
Bill Mcgrath's current role is Retired Chief Financial Officer.
What is Bill Mcgrath's email address?
Bill Mcgrath's email address is 21****@****ail.com
What is Bill Mcgrath's direct phone number?
Bill Mcgrath's direct phone number is (952) 943*****
What schools did Bill Mcgrath attend?
Bill Mcgrath attended Drexel University's Lebow College Of Business, Saint Joseph's University, Bishop Egan High School.
What skills is Bill Mcgrath known for?
Bill Mcgrath has skills like Retail, Management, Strategy, Process Improvement, Budgets, Merchandising, Analysis, Competitive Analysis, Forecasting, Financial Analysis, Sales, Inventory Management.
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Bill McGrath
Winchester, Ma3covarisinc.com, affymetrix.com, hotmail.com -
Bill McGrath
San Francisco Bay Area3yahoo.com, vitria.com, makenacap.com -
Bill McGrath
Cincinnati, Oh4unilever.com, unilever.com, upfield.com, upfield.com2 +180973XXXXX
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1qvc.com
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