Eric Thompson Email & Phone Number

Chicago, Il, Us

Milwaukee, Wi, Us

Strategic Development of restructuring the Product Portfolio on a global scale along with pricing structure, and operational simplification for manufacturing and supply chain.Product Portfolio Overhaul to streamline offering- SKU Reduction of 81% with 9% Revenue Growth- Information Systems Driven Product Upgrade at time of order to shift mix to feature rich products with better margins- Information Systems Driven Product Replacement at time of order to streamline ordering process and improve customer experience- Portfolio designed around increasing operational efficiencies over all 9% and in individual areas at 30%- Overhauled international pricing structure building a plan from the ground up, reducing pricing complexity and catering the ease of doing business with our top customers- Worked with top customers to decrease portfolio complexity which resulted in less external stock transfers from other distribution networks, increasing On Time Delivery by 17%- Financially identified subsystems for strategic outsourcing to further streamline operations and reduce failure rates - appealing to both the end user as well as stakeholders through loss/liability prevention- Build and run teams to execute critical VAVE cost targets- Simultaneously cultivating customer and rep agency relationships to focus on the core while still designing for the future of next generation product launches currently in development- Heavy emphasis on voice of customer while advocating for strong business partnerships and acting within shareholders best interests

Milwaukee, Wi, Us

• Direct P&L Ownership. Grew portfolio by 27% by working with sales and commercialization teams to generate more product and brand awareness through our rep network. Sometimes all it takes is adding a little bit of excitement and enthusiasm about your product to get people excited and want to be a part of your vision in delivering safe and healthy drinking water • Establish Category Business Vision – create and manage strategic direction for commercial drinking water business and assigned product categories by combining deep knowledge of the consumers and customers, market, industry, and company business to create and clearly articulate a holistic, long-term plan for the platform. Determined product roadmap 3 year plan to realize synergies across commercial and residential spaces to inspire new product development activities• Insights-Driven New Product Development – Responsible and instrumental core team member during all phases. Also responsible for creating data-driven business cases in the pre-concept phase that clearly defines why the project is important to the business, ROI, and what the true pain point that the team is trying to solve. Once the project is underway, continuing to drive this vision home through the NPD process, including the commercialization efforts, ensuring best-in-class launches. Clearly communicating product design direction including feature and performance expectations as well as timing requirements and supporting market research as required throughout the process• Competitive Analysis – develop clear understanding of the market landscape, customer needs, and requirements while remaining current on competitive intelligence• Category P&L Health – managing existing product line portfolio and recommending product changes, additions, discontinuations, and cost reductions to produce the best cost position on an ongoing basis while producing double digit growth trajectories

Milwaukee, Wi, Us

New Product Development and Strategic Initiatives Implementation Project Manager• Clear Scope Definition Planning• Simultaneously coordinated and ran 10 new product development projects• Created and executed project work plans, work breakdown structures, including tracking and reporting resource availability, and revises as appropriate to meet changing needs and requirements • Identified resources needed and assigned individual responsibilities. Established clear project roles and responsibilities • Coordinated the overall planning for Communication, Project Risk, Risk Abatement, Change Management and Training • Critical Path Management and Budget Adherence• Effectively applied project management methodology and enforced project standards • Facilitated team and cross functional meetings effectively • Resolved and escalated issues in a timely fashion • Communicated effectively with project teams to identify needs and evaluate alternative business solutions • Understanding integrated business processes and how to continually improve inefficiencies • Coordinated with multiple key functional areas to establish new processes to better drive program clarity and scope definition to streamline communications and collaborations to kick off projects faster• Managed IT Change Control• Executive Leadership Team Gate Review Presentations: KPIs of Overall Project Status, Health, Budget, Financials, Schedule, Resources, and Risk Abatement• Delivered products to retail, e-commerce, and professional channels

Oak Brook, Illinois, Us

Residential Access Systems - Radio Controls, Accessories. Core team member in new product development responsible for initiating new offerings and additions to existing portfolio, Product Requirements, Customer Insights, Profit Over Achievement/Productivity and Cost Reductions, Portfolio Financials, Profits and Losses

Oak Brook, Illinois, Us

Associate Program Manager - New Product Development with KPIs revolving around time to market, critical path management, project budget adherence, process adherence, and resource management. Building teams once projects have been approved by leadership and launching products.Projects outside of NPD include: Software implementation for resource tracking measuring forecast to actuals for FTEs. Cost savings initiative for SKU rationalization leading a team of 35 people to develop a process for product discontinuation for a more efficient form of running down materials, last time build, and reducing scrap (Lean Six Sigma Blackbelt Project) generating $2M in initial cost savings and $750k annually ever year after

Oak Brook, Illinois, Us

Program designed to foster a process that would instill knowledge of the new product development cycle through cross functional training consisting of •sales rotation to learn voice of customer•product management rotation to learn defining customer requirements•program management rotation to learn how to take a product from an idea to make it a reality

Oak Brook, Illinois, Us

New Product Development - defined customer requirements and determined product requirements using market research and insights along with voice of customer. Expanded the listing of the product's capabilities through speciality applications by defining with engineering what else the product offerings could perform while making no changes to the current products.

Oak Brook, Illinois, Us

Oversaw inside sales both inbound and outbound requests for the Northern United States as well as Canada. Worked with customers to grow current business as well as differentiate from competitors in their areas. Developed up-sell strategies for customers to offer best-in-class service to both the dealer as well as the end users.

Oak Brook, Illinois, Us

Territory Sales Manager for Las Vegas, Phoenix, Albuquerque, and metro El Paso region with sales focusing on Residential, Commercial, and Perimeter Access Systems. Worked with key existing accounts to facilitate trade shows, dealer shows, safety seminars, and growing sales.

Oak Brook, Illinois, Us

Brought in with a new team to create brand awareness of an enhanced product launch to comply with new UL325 Code with improved safety measures. Worked with customers to develop access control solution ecosystems through RFID, wireless, and wired entry systems for gated communities by mapping out customer needs based on size and required safety and perimeter access gated entry requests.

Fort Wayne, Indiana, Us

Fort Wayne, Indiana, Us

B.S, Finance

Education record

High School Diploma