Jim Lancefield Email & Phone Number

Toronto, ON, CA

Toronto, Ontario, Canada

• Led buyout of minority partner UTI Worldwide and established and executed the strategic plan for the seamless transition from joint venture to independent company
• Integrated JV partner’s accounting systems and procedures to a newly created finance function with a focus on change management and process improvement
• Engaged with multinational customers to design high performance supply chain solutions. Drove organic growth through hands-on role with business pricing, commercial management and launch of greenfield operations.
• Ensured annual cost reduction targets were realized or mitigated due to scope changes.
• Guided the business through perilous period with a new contract incurring sizable losses. Drove operational efficiencies, engaged with customer to increase pricing to substantially reduce losses and eventually.
• Led full recapitalization including raising revolving credit and subordinated debt to restore balance sheet strength

Toronto, Canada Area

• Recruited to initially manage growth for Canadian and Brazilian entities, but quickly pivoted into retrenchment role with severe decline in commodity prices and failure of several clients and obtained credit insurance.
• Provided input to commercial contracts ranging from preliminary feasibility studies to full scale Engineering, Procurement and Construction Management (EPCM) contracts as well as contract operations
• Led the successful systems implementation of MS Great Plains and Tenrox Workforce Management Systems to sustain project profitability analysis and drive customer project billings.
• Drove rolling forecasting based on evolving conditions to assist in corporate decision-making during downsizing from 90 to 20 staff and back up to 80
• Conducted in due diligence that led to rapid acquisition of division of competitor.

Toronto, Canada Area

Operational Leadership postion covering Electronics Manufacturing Division and Inventory Management Solutions as well as strategic Global Finance projects for UTI Worldwide.

Led rapid growth and turnaround of Span Group, a diverse NAFTA wide manufacturing and supply chain management services company as CFO and Director Corporate Development. Key member of dynamic cross functional leadership team that services a network of supply chains valued in excess of $5 Billion. Drove M&A process that enabled liquidity event at premium.

B Comm, Finance & Entrepreneurship

Strategy Program