Ceo, Coo, Cfo & Vp Of Sales
Bassgar-Illinois, Inc. Dba Grants Appliance Electronics & More
Joliet, Il
- P&L accountability for sales and operations results.- Administered $26M operating budget and $1.6M advertising budget- Directed staff of 46 employees - Supervised sales, finance, accounting, merchandising and HR functions- Effectively increased sales revenue from $18M to $107M during tenure.- Achieved rank in top 25 performing appliance retailers in the country for 2006.- Reduced insurance program costs from $1.8M to $870K.- Implemented IT department functions.- Prepared forecasting models and budgets: monthly, quarterly and annually.- Obtained an operating line of credit for $13M at LIBOR plus 1⁄2 point.- Initiated volume rebates, advertising co-ops, and local vendor programming, accounting for $7.6M of total revenue.- Established, hired, trained and supervised the accounting department, staff of 7.- Instituted a complete training program, including the development of positions outlining expectations and responsibilities, hiring guidelines, action plans and evaluations.- Cultivated strong relationships with vendors and actively involved in purchasing, receiving and program development.- Directed development of warehouse expansion from 24,000 SF to 86,000 SF.- Raised on-time delivery from 83.2% to 98.6%.
