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Tim is a President and Operating member, with extensive experience in diverse industries, a record of increasing profitability, market share & developing strong management teams. His communication skills & effectiveness working at all levels of an organization have enriched his work. Tim has experience in numerous industries such as Industrial Distribution, Mechanical Engineering, Machining, Industrial Products and Construction. Tim served as Director of Operations of DXP Enterprises (NASDAQ: DXPE) where he completed a turn-around of a newly acquired acquisition ($38M) by improving its operations, management team and increasing the profitability by ~57% in three years. Previously as COO and VP at Kitagawa-NorthTech, Inc. (Nippon Steel Trading Americas, Inc) a dominant player in machine tool accessories, Tim held full P&L responsibility (~$18M), increasing EBIT, he launched an innovative Engineered to Order model, created multiple service offerings throughout North America (U.S., Canada and Mexico), built out the organization talent and led the organization to its ISO 9001- certification.
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PresidentDynaburr Chicago IncChicago, Il, Us -
Self-Funded Searcher / Independent SponsorTim Winard Consulting Llc May 2023 - Present• Developed a search thesis for business acquisition • Developed and built out a proprietary search methodology and deal funnel. • Interviewed lenders – arranged financing (i.e. ‘term sheets’).• Conducted an outreach to 350+ targeted off-market and on-market companies. • Performed due diligence on 40+ companies for consideration.• Extended Letters of Intent (LOIs) and negotiated price / terms of purchase. -
FounderTim Winard Consulting Llc Jan 2022 - Apr 2023➤ WHAT WE DO: We work with machine shop ownership ($2M-$50M) to increase throughput rates for a significant net profit $ increase while using EXISTING staff, equipment and facilities.➤ HOW WE DO IT: We work with both ownership and leadership teams to gain agreement on ‘what good looks like’, identify existing gaps and aligning all members around the singular goal of being an ever flourishing and profitable company. Key Performance Indicators (KPIs) are created to track progress towards that outcome. Systems, processes and training is institutionalized to increase the rate of throughput and impact the culture for work deliverables.➤ WHAT MAKES US DIFFERENT: We are client-obsessed, as RESULTS are all that matters. > Increase in rate of throughput > Decrease in backlog > Shorter quoted delivery times, increases sales win rate> A percentage (%) of orders sold at significantly (10-50%) higher margins> Customers wanting to award you with more > Institutionalized process for ongoing profitable growth > Significant Increase in net $ profit Our standard is to assist our clients increase their net profit by 20% in 120 days. We’ve spent the last 15 years dialing in the process that works!Want to learn more? ✔ Email and request case studies of previous work and results✔ Call to discuss how we might assist ✔ Schedule a short 15-minute discovery call http://calendly.com/winardconsulting/discoveryTim Winard Consulting LLCP: 630-463-8486E; Tim@winardconsulting.com
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Director Of OperationsDxp Enterprises, Inc. Feb 2017 - Apr 2023Houston, Tx, UsChampioned the operational turn-around for two branch locations. Increased net profits the second year by 20% and 57% the fifth year. - Culture change ... consistently communicated 'what good looks like'. - Standardized best practices.- Documented standard operating procedures (SOPs) and work instructions.- Developed recruiting and on-boarding standards for collapsed learning curve and retainment of talent. - Recruited and developed high performers.- Established functional Key Performing Indicators (KPIs).- Aligned members to performance results and decision making. -
Vice President Of Productivity TeamKitagawa Northtech, Inc. Jul 2016 - Feb 2017Schaumburg, Il, UsManaged a team of mechanical engineers and redirected workflows to focus on sales growth. ➟ Increased customer satisfaction with improved end-user customer support including improving machining, quality, and cycle time. Doubled sales in 6 months. -
Chief Operating OfficerKitagawa Northtech, Inc. Jun 2006 - Jul 2016Schaumburg, Il, UsOversaw all aspects of operations and financial procedures while spearheading organizational growth and departmental success. Managed a $##M P&L. ➟ Increased top-level sales and bottom-line income resulting in sales growth from $##M to $##M.➟ Increased engineering department capacity by 300% and created a +$#M in annual revenues Service Department. ➟ Championed the initiative to become ISO 9001- registered. Industry committees served on: ➟ AMT Global Marketing and Sales Committee➟ Advanced Workholding Technology (AWT) Group & Committee. ➟ ASME B5.60-2014 standards committee: Workholding chucks: Jaw-Type Chucks
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Vice President Of Engineering And ManufacturingKitagawa Northtech, Inc. Mar 2000 - Jun 2006Schaumburg, Il, UsSuccessfully pitched an Engineered-to-Ordered business model and plan to leadership transforming the business model from design work to design and manufacturing service offerings. ➟ Created the manufacturing department including purchased capital equipment, hired a team of machinists, and established quality standards.➟ Reduced manufacturing costs by 18%, slashed delivery times by half of competitors, and grew engineered solutions to 23% of the bottom-line profit.
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Engineering ManagerKitagawa Northtech, Inc. Feb 1993 - Feb 2000Schaumburg, Il, UsDeveloped the engineering department from the ground up, managed 2 engineers, and expanded service offerings resulting in $750K increase in sales.
Tim Winard Skills
Tim Winard Education Details
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College Of DupageGeneral
Frequently Asked Questions about Tim Winard
What company does Tim Winard work for?
Tim Winard works for Dynaburr Chicago Inc
What is Tim Winard's role at the current company?
Tim Winard's current role is President.
What is Tim Winard's email address?
Tim Winard's email address is ti****@****xpe.com
What is Tim Winard's direct phone number?
Tim Winard's direct phone number is (800) 222*****
What schools did Tim Winard attend?
Tim Winard attended College Of Dupage.
What skills is Tim Winard known for?
Tim Winard has skills like Leadership, Team Building, Strategic Partnerships, Public Speaking, Lean Manufacturing, Sales Growth, Executive Management, Account Management, Sales, Operations Directors, Customer Satisfaction, Business Development.
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