Preston Hamby Email and Phone Number
Preston Hamby's Location
Austin, Texas, United States, United States
About Preston Hamby
As a Chief Operating Officer, with almost 15 years of experience and expertise in leading and streamlining day-to-day operations, managing full P&L responsibilities, improving sales processes and innovating new revenue opportunities, digital marketing strategies, strategic partnerships, and developing the people within an organization to ensure organizational growth and success.Having lived in the CPG world for nearly 10 years, I thrive in chaos. Wearing multiple hats is what I am used to in being able to get an early-stage startup off the ground and running. I have experience in leading startups of various sizes, from north of $100M in ARR down to below $1M in recognized revenue. Each possesses its own challenges of process implementation, system integration, marketing optimization, cash flow, board management, on-time fulfillment, best-in-class customer service, and setting up manufacturing. Also affectionately known as a full-stack operator I am focused on utilizing a passion for CPG start-up innovation and growth, building teams, solving the unsolvable, championing company culture, and optimizing processes for local, regional, national, and global revenue growth.If my background interests you feel free to reach out and start a conversation.---General: Budgeting and Forecasting | Client/Stakeholder Relations Management | Cost Avoidance and Savings Solutions | Cross-Functional Team Leadership | Financial Stewardship/Budgetary Alignment | Full Life Cycle Project Management | International Manufacturing | Inventory Control/Procurement Management | Operations Analysis / Process Improvements | Marketing | P&L Management | Startup/eCommerce Minded | Strategic End to End Planning and Execution | Supervision and Staff Development | Team BuildingTechnical: A2X | Amazon Seller Central | Asana | Bill.com | Canva | ChatGPT | Fellow | Gorgias | Google Analytics | G-Suite | Helium 10 | Looker | Meta BM Tool | Microsoft Suite | Netsuite | Quickbooks | Sellerise | Shiphero | Shipstation | Shopify | Slack | Zendesk
Preston Hamby's Current Company Details
Preston Hamby Work Experience Details
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CooPrepared Hero Oct 2024 - PresentAustin, Texas, United StatesLeading Prepared Hero's full operational and financial day to day.
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CooGtm Brands Oct 2024 - PresentAustin, Texas, United States -
Consultant/AdvisorFlower Company Jan 2024 - Sep 2024Austin, Texas, United StatesI was brought in to help lead an acquisition of another company in the cannabis space in California with the goal of increasing delivery footprint, increasing buying power, increasing customer base and achieve profitability.▪ Help lead the consolidation and optimization of headcount and at each company to increase efficiency and profitability.▪ Responsible for consolidating entities on both sides to streamline taxes and exposure▪ Responsible for consolidating both companies payroll systems into one and centralized benefits. ▪ Helped structure the physical locations to optimize coverage area.▪ Lead the process to restructure the forecast to incorporate the new locations and customer base.▪ Responsible for consolidating all headcount to a single payroll system▪ Streamlined bank accounts. -
Chief Operations OfficerAwkward Essentials Jul 2021 - May 2024Austin, Texas, United States▪ Responsible for ensuring the operational and financial success of an innovative global CPG femtech brand with full ownership of all facets of business; i.e. Finance, Human Resources (HR), Operations, Quality, Manufacturing, Fulfillment, Marketing, FP&A, and Customer Service/Success. Reporting directly to the CEO and the Board.▪ Manage P&L, cash flow, forecasts, balance sheet, and payroll. Establish the quarterly and annual budgets, all expense lines, set policies, as well as determine strategies to meet or exceed revenue, profit, and cash flow commitments, and forecasts.▪ Spearheaded product catalog growth from a single SKU list to over 15.▪ Managed any and all FDA contact and registration requirements. ▪ Directly managed, mentored, coached, and the performance of employee and contractor performance. Established clear goals and created and oversaw high-level KPIs, tracking progress, ensuring timely feedback, and addressing performance issues promptly and directly.▪ Lead strategic planning efforts and corporate governance by partnering directly with the CEO and Board to establish, communicate, implement, and manage the company's strategic annual goals, vision, and deliver the overall operational strategy.▪ Led Marketing, PR, Digital Advertising, Paid Digital Marketing, CRO, CEO, website optimization, and agency management expertise in order to oversee, provide CEO coverage, and co-lead all marketing activities and efficiencies including, agency management, CAC, ROAS, CRO, email, SMS, and SEO. ▪ Key accomplishments:- Redirected the company through strategic digital marketing campaigns, product innovation and development, vendor negotiations, and operational efficiencies, from a six-figure loss to break-even in 18 months.- Discovered and implemented reductions in COGS by 22% in the first 3 months and shipping costs by 35% in the first 4 months. -
AdvisorNakey Mar 2022 - Jan 2024 -
MentorSku Feb 2022 - Feb 2023Austin, Texas, United StatesI was able to help dig in and help a couple of up and coming brands find their feet and bring their products to market in the most efficient way possible. -
Sr Director Of OperationsXpdel Jul 2020 - Jul 2021XPDEL Acquired Garten's Ops division. My first project was being the key leader in this transition. ▪ Responsible for launching new facilities, hiring/training new teams, creating and implementing company-wide policies/processes to optimize efficiency, onboard new customers, and leading new strategy for the company focusing on D2C startups in need of a turn-key fulfillment and outsourced supply chain solutions. ▪ Designed and executed a comprehensive onboarding process for customers integrating into our multi-channel fulfillment network, bolstered by our proprietary WMS.▪ Transitioned the organization's customer transaction model from the traditional cost-plus framework to a more efficient system, fostering rapid client integration during the foundational phase of CPG business operations.▪ Orchestrated the relocation, systematization, and optimization of operations across four warehouses situated in diverse cities within a stringent three-month timeline.▪ Key accomplishments:- Pioneered the company's expansion into five untapped markets during Q1’21.- Spearheaded the development, implementation, and rollout of proprietary systems including TMS, IMS, and WMS.- Conceived and implemented a strategic playbook for New City Launch initiatives, which catalyzed the launch of 10 additional markets in 2021 — a total of 15 new markets for the year, improving our agility in addressing customer requirements and reducing launch timeframes by 40%.- Provided strategic consultation to three client entities, optimizing their supply chain operations, resulting in cost reductions of 21% and 30% respectively. -
Sr Director Of Planning And ImplementationGarten Jul 2019 - Jul 2020Acquired By XpdelXPDEL Acquired Garten's ops department. I was the key leader in this acquisition and the transfer to XPDEL▪ Senior leader of operations for CPG startup in the food and beverage space with $70M ARR specializing in delivering sustainable healthy snacks, catered meals, and equipment across 10 markets in 9 states. Expertly steered initiatives encompassing new customer onboarding, market expansions, fulfillment optimization, indirect procurement, and major operational project transformations.▪ Refined and standardized the new customer process, by pushing uniformity and a streamlined process. Refined new customer onboarding time by reducing the timeline from 6 weeks to 4 weeks.▪ Led a deep dive into fulfillment operations and processes to find a need to switch to a 3PL.▪ Key accomplishments:- Amid the COVID-19 crisis, adeptly pivoted the organizational business model from B2B to D2C within the span of 2 weeks, resulting in over 5,000 orders within the initial 45 days.- Championed a cost-reduction initiative, successfully slashing operational expenses by over $2.8M/month within a 45-day window.- Managed a comprehensive RFP process involving 40 3PLs within a 6-month span. Strategized and executed operational modifications, yielding annual savings of $2.2M in fulfillment expenditures.- Overhauled and optimized the supply chain management process, achieving a 28% cost reduction. Accomplished by instituting Master Service Agreements (MSAs) to harness spend across all locations, deploying inventory controls for enhanced forecasting precision, loss mitigation, and adopting the FEFO (First Expired, First Out) planning method.- Orchestrated the brand transition initiative, successfully rebranding "Oh My Green" to "Garten." -
Vice President OperationsAshley Black Innovations Nov 2017 - Jul 2019▪ Spearheaded operations for an eCommerce enterprise generating $75M in revenue, diligently ensuring adherence to all relevant regulatory compliance standards. Implemented strategic initiatives to enhance customer satisfaction, streamline operational procedures, and boost manufacturing productivity.▪ Devised and integrated an accrual strategy to efficiently manage and move aging inventory, while maintaining full P&L responsibility. Pioneered a predictive forecasting model, resulting in marked operational efficiency improvements.▪ Directed and nurtured a diverse team of 35 members, both remote and on-site, spanning functions such as manufacturing, inside sales, customer service, fulfillment, engineering, compliance, and packaging.▪ Key accomplishments:- Extensively overhauled the Quality Management System and inventory management system. - Elevated operating profits from -4% to +8% within 3 months. - Add live chat which cut costs on order by 27% and increased customer satisfaction - Eliminated manufacturing inefficiencies to reduce costs by 15%. - Transitioned logistics to an enhanced 3PL w/ multi-channel fulfillment decreasing warehousing costs by 35% and shipping expenses by 22%. Initiated FIFO to eliminate aging inventory.- Increased efficiency of our online transaction on our website and through our Amazon site.
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Director Of Americas Fulfillment And LogisticsSunpower Corporation May 2017 - Nov 2017Austin, Texas Area▪ Helmed supply chain, procurement, product development, manufacturing, and distribution management globally across six countries. Ensured quality of finished goods, full life cycle project management, and team leadership. Supervised and developed 15 global and remote personnel (11 in the Philippines and 4 in Mexico). ▪ Key accomplishments:- Reduced logistics costs by 11% while securing a 15% increase in on-time deliveries. Directly yielded a 23% boost in customer satisfaction. - Launched a new ERP system and reduced time to load manufacturing by 22%. - Revitalized processes to eliminate on-hand inventory by $116M in two quarters. - Promoted from Senior Supply Chain Manager, 12/2017. -
Sr Supply Chain ManagerSunpower Corporation Feb 2016 - May 2017Austin, Texas Area▪ Provided oversight of the factoring planning team, global inventory control, and supply chain processes. ▪ Led a team of 8 in the factory planning operations and 5 in the inventory control processes. ▪ Launched a new ERP system and reduced time to load manufacturing by 22%. ▪ Implemented Lean principles to enhance factory efficiency and identify continuous process upgrades.▪ Revitalized processes to eliminate on-hand inventory by $116M in two quarters. ▪ Re-structured reserves processes to clear inventory more expediently and efficiently.▪ Upgraded all reporting systems to eliminate manual labor errors and analytics compilation.
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Country Manager, Singapore (Spun Off From National Oilwell Varco)Distributionnow Feb 2011 - Feb 2016Singapore▪ Principal leader of sales, operations, and business expansion globally across 7 Asian countries. Drove strategic process enhancements company-wide in inventory control, procurement, data management, supply chain, and product management.▪ Streamlined financial, sales, and operations teams to compile market intelligence, perform risk analysis, generate financial reports, and forecast fiscal projections. Negotiated contracts in the region as the DNOW delegate and standardize protocols and procedures.▪ Presented comprehensive financial management reports to C-Level executives and key stakeholders for approval and integration. Performed due diligence and transitioned acquisitions. ▪ Catapulted revenues by 230%, dramatically shift negative profits into a substantially profitable business.▪ Expanded the workforce from 4 staff to 30 well-qualified and extensively trained personnel. ▪ Achieved ISO 9001 Certification from DNV through exceptional team leadership and process efficiency. ▪ Pioneered 3 new locations in Thailand, Malaysia, and Vietnam. Implemented 6 Core Product lines by consolidating operations of procurement, inventory, warehouse, and business development divisions. ▪ Provided oversight of a new branch that eventually became the central distribution office for the region.▪ Bolstered efficiency by 50% in supply chain, increased profit margins by 12%, upped cash flow by 28%, and elevated the purchasing process in alignment with all internal/external regulatory compliance statutes.▪ In September of 2013 NOV announced the 100% spin off of our division NOV Wilson. By June 2014 the spinoff of the new company DistributionNOW was complete. Locally, I work to manage the establishment of the new local entities and handled all customer relations and communications.▪ The last major task I was assigned was identifying local companies to acquire then was tasked with managing the integration process of those acquisitions. -
Sales Project ManagerNational Oilwell Varco Jun 2010 - Jul 2011Houston, Texas Area▪ Primary strategist in sales expansion, growth opportunities, and procurement/inventory management of the largest equipment manufacturer to the Oil and Gas sector in the world. Collaborated with department directors to implement programs that enhanced decision making, future sales options, and honed customer targeting. ▪ Slashed inventory and procurement costs by 18%.▪ Instrumental in market analysis and forecasting presented to C-Level leaders for key decision making.▪ Vital leader in separating offshore and land groups into independent organizations by establishing positions, matching talent, and offering personnel recommendations. -
Strategic Sales AnalystNational Oilwell Varco Jun 2009 - Jul 2010Houston, Texas Area▪ Directed sales and supply chain processes growth opportunities domestically and globally. ▪ Traveled extensively to 35 locations in 6 countries to collaborate with cross-functional teams to bolster sales, procurement, and supply chain operations. ▪ Generated a 30% increase in sales, while eliminating 7% in costs within the existing client base.
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Technical Sales RepresentativePrecision Powered Products Oct 2008 - May 2009Houston, Texas Area▪ During my brief time with PPP, I helped utilize my experience as a small business planner from the financial world to streamline the corporate setup and reduce costs. While there I was also enlisted to help the grow revenue through technical sales of the complete fire water pump skid for both onshore and offshore applications. -
Financial AdvisorAmeriprise Financial Services, Inc. Apr 2006 - Oct 2008Houston, Texas AreaThe best way to grow in this business is through trust. We work hard to build such trust with our clients for them to know that we are working as hard for their future as they are. We have the ability to work through a variety of tools to help our clients meet their short-term and long-term goals but only using what is best for their situation. Licenses:Group 1Series 66Series 7CRPC: Certified Retirement Planning Councilor
Preston Hamby Education Details
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Hotel, Motel, And Restaurant Management -
Mechanical Engineering
Frequently Asked Questions about Preston Hamby
What company does Preston Hamby work for?
Preston Hamby works for Prepared Hero
What is Preston Hamby's role at the current company?
Preston Hamby's current role is Chief Operations Officer | CPG Growth and Innovation | People Centric Leadership.
What schools did Preston Hamby attend?
Preston Hamby attended University Of Houston, Texas A&m University.
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R. Preston Hamby
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Preston Hamby
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Preston Hamby
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Preston Hamby
Wichita, Kansas Metropolitan Area
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