Tim Pace Email & Phone Number

Seattle, Washington, United States

Tim is part of the Private Equity Performance Improvement (PEPI) group of Alvaraz and Marsal. Working on various engagements from operational due diligence to interim management roles.

Vancouver, Washington, United States

• Turnaround project executed during union negotiations, global pandemic, and extreme variability in customer demand.• 60% improvement year over year earnings performance in 16 month timeline.• Rebuilt management team to support minimum of 8% year over year sales growth.• Restructured plant from a 7 to 5 day operation, driving up productivity over 30%, and eliminating over $100K in monthly overtime costs.

Vancouver, Washington, United States

Wonderful opportunity to continue to develop my career with Hood Packaging by relocating to the Vancouver Washington facility.

Sibley, Ia

Full P&L responsibility for paper bag manufacturing facility of 260k sq. ft., employing 170+, and sales of roughly $50M.As a organizational leader it is my job to drive sales and profitability growth by driving culture built by the Hood Family in and out of the Sibley facility. I do this through properly balancing safety, quality, service and costs, improving all aspects of the business and value to all stakeholders. My hallmark for success is to utilize integrity and data based decision making that provides security to all stakeholders in the business.My passion for creating sustainable business growth in any market condition continues to be developed in this organization.

Des Moines, Iowa Area

General & Plant Manager of largest cast acrylic manufacturer in North America, managing $6M+ in sales, 60,000 SKUs and 9,000 shipments annually, 36 employees on 2 shifts 5 days a week • Achieved 25 year facility safety record of over 600 days without a recordable and over 1,600 days without a lost time incident.• Led distribution network and sales to consistently achieve record level sales, outperforming over 30 years of sales history.• Consistently able to deliver over 8,000 shipments (92% of orders) within 24 hours of order receipt.• Delivered 14%, 10% and 5.5% year over year cost per pound savings from 2014 to 2016.• Over $200K in LSS benefits delivered representing 3-6% annual savings.• Inventory reduction of over 40%, delivering working capital benefit of over $100K annually.• Executed proper staffing levels through over 30% reduction in variability of production on a labor hour basis.• Prioritized and executed over $300K in capital projects, ensuring 3 year payback on strategic capital expenditures.• Increased starting pay of employees by over 15%, and current hourly pay by 5-10% through increased accountability and ownership on the shop floor.• Reduced maintenance spend by 15% year over year through predictive and preventive maintenance, including formal spend analysis, infrared, and vibration analysis.• Developed strong customer relationships through standardization, GMP implementation, and foundation of ISO certification with proper audit and control procedures.• Champion of cultural change creating loyalty to PolyOne though creating at least 3 network contacts for all supervisors across the company.

Cleveland/Akron, Ohio Area & Germany

- Completed the PolyOne Black Belt Certification- Ran 2-3 projects simultaneously, delivering expected results or better on all projects executed- Lived for 5 months in Germany analyzing manufacturing facilities in Germany, Spain and Turkey; identified over 12 improvement opportunities in areas such as manufacturing, forecasting, line replacement, production efficiency, office communications, MRP utilization, etc.- Successfully executed projects within Sourcing/Procurement, S&OP software implementation, Production effiencies, Utility reduction, and process improvement

State College, Pennsylvania Area

• Learned to apply small business experience to large corporations.• Led the only US based team in a Sam Walton supply chain case competition to make it to the top 3 of 15 teams, competed head to head with German and Swedish students in finals.• Finished 2 months sooner than expected with a dual concentration, and finishing in top quarter of class.

Columbus, Indiana

 Completed recommendations for inventory redundancy and logistics planning improvements identified during a warehouse tour, created the ability to save $50k+ annually per warehouse. Created NPV and break even model for $1 billion multinational supply chain, which allowed for more informed decision making during product design and marketing phases. Researched current best practices to support sustainable transportation initiatives, which led to guidance for reducing current carbon footprint by over 50% within 3 years.

• Planned and executed change in distribution, which doubled revenue and income in 2 years.• Increased use of accounting software and financial reports which became the catalyst for cost savings multiple times.• Analyzed and offered alternatives to major transactions, which led to $2,000 decrease in monthly overhead.• Fostered relationships with key industry partners that increased market penetration 30%.• Developed and introduced product line that increased revenue by 15%.• Managed 7,000 sq. ft., improved warehouse cleanliness and plant capacity by 40%.• Coordinated transition from LLC to C-Corp which minimized liability and risk exposure.• Helped redefine product’s target market, which guided new packaging development.• Created forecasting model that decreased time needed to fulfill purchase orders.

• Prepared budget review with CEO for corporate division, created clean and clear presentation.• Consistently created and improved financial and efficiency reports in excel to provide key information to multiple departments.

Mba, Finance And Supply Chain

Activities and Societies: MBA Finance Association, MBA Entrepenuership Association, MBA Association, MBA Supply Chain AssociationTop 10.

Accounting, Accounting

Received Associate's Degree in December 2002,before expected high school graduation date of May 2003. Completed a 2 year proselyting.

Education record

Early College Participant. Received Diploma after Junior Year of High School (graduated early)