Luke Gronewold Email & Phone Number

Chicago, IL, US

Bentonville, Arkansas, US

• Oversaw P&L for $2.5B business portfolio. Led financial planning and replenishment team to procure camping products. Collaborated with merchant teams, demand planning, and internal stakeholders to advance business.
• Reported on financial performance to business unit leaders and provided guidance on gap closing actions.
• Managed OMNI channel transformation of company stores and eCommerce businesses as part of global restructuring. Drove new eCommerce training to achieve team familiarity three months ahead of schedule.
• Collaborated with peers and leaders to deliver supply chain solutions as pandemic impacted port through-put and domestic trucking capacity.
• Capitalized on peak Spring/Summer sales season by obtaining approval for additional spending. Enabled camping team to gain over 300 bps of market share from 2020 to 2022.
• Reduced camping inventory position by $100M (25%) and enhanced inventory health.

Bentonville, Arkansas, US

• Led business analytics and replenishment teams for company produce. Managed strategic projects related to surety of supply, market share growth, and inventory flow efficiency. Coordinated with cross-functional teams to.
• Reported Key Performance Indicator (KPI) progress, supply disruptions, and actions to ensure product availability.
• Provided financial guidance to DMM and GMM merchants on business health and gap closing opportunities
• Trained and mentored direct reports to improve overall team performance.
• Drove planning efforts for seasonal programs in watermelon and pumpkin items. Secured approval for additional warehouse capacity for pre-season builds. Enabled in-stock level of 99% during peak sales.

Bentonville, Arkansas, US

• Coordinated replenishment team for dry grocery and bread. Coached direct reports to improve performance. Collaborated with DMM vice presidents and merchants on supplier negotiations and strategy. Maintained.
• Managed $2B inventory position in dry grocery. Maintained 98.2% in-stock level (20 bps above target).
• Optimized vendor supply chains to increase network efficiency and maintain healthy On-Time In Full (OTIF) metrics.
• Created model of measuring inventory health relative to sales volume to determine multiple inventory level targets based on category and season.
• Modified shelf-capacity, flow, and metrics to reduce inventory costs by $30M and set path to $200M in savings within one year with no in-stock impact.

Bentonville, Arkansas, US

• Provided financial planning and reporting for seasonal products. Negotiated pricing, quantity commitments, and inventory flow timing for seasonal items. Developed strategic sales and profit growth plans at category.
• Created and maintained financial documents for line review and budget processes.
• Established cross-functional processes and conducted training that improved team efficiency throughout division from planning to merchandising.
• Ensured supplier accountability for issue reporting and sales monitoring.
• Analyzed and communicated inventory and financial positioning to effectively adjust sales trajectory for each category and deliver cost-savings.
• Oversaw ordering for Christmas lights category, increasing sales by 10% through market research on demand by color and type.

Carthage, Missouri, US

• Collaborated with key accounts to develop innovative furniture products. Performed market trend analysis for business strategy and financial planning purposes. Supervised team of engineers and fabricators for drafting.
• Served as member of sales organization to create strategies for product opportunities that improve sales and margin, as well as meet strategic objectives.
• Developed import programs to ease capacity constraints in domestic manufacturing facilities.
• Partnered with R&D, sales, manufacturing, and accounting departments to develop monthly reporting process that delivered complete visibility for BU president.
• Evaluated labor rates, transportation cost, and materials availability and recommended new production site in Mexico. Established facilities and teams in Mexico and Texas to drive production. Increased production by.
• Worked with top client, Sleep Number, to develop, source, and create prototype for new smart bed. Delivered final design for program that represented 15% of sales volume and 25% of profit.

Carthage, Missouri, US

• Led several business units to integrate sales and operations planning. Trained sales and operations staff in product management, demand management, and capacity planning. Educated and trained various company business.
• Developed and executed inventory optimization methodology as part of initiative to standardize approach to inventory budgeting.
• Created Key Performance Indicators (KPIs), as well as goals and reporting procedures.

Carthage, Missouri, US

Master Of Business Administration - Mba, Business Administration And Management, General

Bachelor Of Science - Bs, Finance, General