Wayne Wan Email & Phone Number

China

Full P&L resonpsibility for RMB 300 Million in revenue China, Aisa Pacific and Europe with over 600 employees, manufacturing, research and development high speed railway equipment and control units, circuit board , convertor technology

Hong Kong

Simplex Asia Limited is a venture capital investment company based in Hong Kong, Developed acquisition strategy, performed valuations, condusted due diligence to lead an acquisition team to acquire an over 105 years old brand named in Hanover- German based Kuenkel-Wagner(KW). a well known company to manufacturing large scale and highly autamated casting foundry line (Iron, Steel, Brass and Aluminum) mainly for automotive engine block, head, and break drum/disk as well as in ship building/aeronautical components, and gained board approval for EURO 30 million acquisitionto chaired the entire negotiation with the owner and the deal was closed successfully.Continue to seach other opportunities around world in China, Europe and Australia.

Hanover, Germany

Responsible to lead the company for a smooth transition after the acquisition, formulating corporate strategy, successfully intergrated the company from a family owned business culture to an institutional enterprise by rebuilding organization structure and strategic skillset within organization, turned around the company from five years continues loss (EURO 35MM/-1.5MM loss) to a profitable company and record sale (Euro 47MM/+1.76MM profit) in Y2011. Set up a five years sustainable business growth strategy , such as open up new facility in China while managing existin plant in Indian and Brazil to lower the production and logistic cost, maintained German head office as a key engineering design center, transferred production model from a vertical integrated to a key technology and components assembly plant in Germany, channeled out all low value added equipment/components manufacturing in developing countries or out sourced resulted EURO 4.5 MM operation cost saving. Established new leadership、organization structure and respect the local culture to ensure the ownership of local staff run and manage the day to day business cross the global facilities. Established a China sales marketing trading company in Beijing to lead the sales team captured over EURO 70MM sales contract throughout many famous China company such as First Automotive, Second Automotive, Weichai Engine, Qingling Motor, Jiangling Motor, Futon Automotive, Shanghai Diesel, Wendeng Crank Shaft, Changzhou Diesel………

China

Direct report to US based corporate Senior VP of HME division, Global Quality VP and Global VP of Sourcing and VP Marketing. Lead sourcing team (Hong Kong, Shenzhen, Suzhou) to manage overall 300 product lines outsourced in Asia to support Invacare US, EU, Australia/New Zealand and South East Asia sales, developed overall strategy for Invacare in Asia Pacific region in terms of dual source, consignment inventory, decisions to make in house vs to buy, 3PL and monitoring the global commodity material price to design pricing structure, achieved 5.8 million dollars saving in Y2009 and 4.3 million dollars in Y2008 compare with the budget. Managing plants P&L, SG&A and day to day operation to control cost within the budget, achieved Inventory turn from 9 to 16 (3 million dollars inventory to support 5 million dollars monthly inter company sales), in quality and on time delivery, generate positive PPV 2 million dollars, Established a trust, team working environment, stabilized and improved organization efficiency, productivity and cross function communication between corporate, operation, sourcing and marketing team. Established a sales and marketing local team to develop China domestic market, achieved from zero to 3 million dollars sales within two years at minimum cost of corporate. Crisis management skill were highly recognized by corporate board member and local government .

Shanghai City, China

Lead 4 operations with over 2000 employee for Watts in China, achieved 35% organic growth year on year (various between the plants) compare with same period of year 01 and year 02, maintained excellent growth margin while commodity copper price increased 3 times compare with 2002.Participated in both acquisition of Ningbo and Changsha valve company in China.Managed entire supply chain with total saving of $1.37 million saving in year 2005, improved inventory turn from 3.5 to 7/year. Established a logistic/trading company in Ningbo to support additional $150 million dollars/year purchasing in China from US corporate.Successfully introduced Key Performance Indicator and program management system to each plant to measure and Improve their overall performance, also established a succession plan for internal staffs who has the potential to grow within the company.

Suzhou, Jiangsu, China

Relocated from USA to China, Selected manufacturing site in Suzhou, Shanghai region, managed entire start up from greenfield, plant design, 100,000 sq ft plant construction and leasehold improvement in record time of total 10 months, on time and on budget in Nypro’s 52 year history from 42 manufacturing sites worldwide– a state of art facility for automotive, healthcare, telecommunication equipment manufacturing. recurited over 700 fresh employee in three months for new plant, responsible for plant’s P&L, break even in 4th month and made profit in 5th month since start the operation in Dec,01, and reached a record sells of 6 millions dollars in the month of September, 02.

El Paso, Texas, Usa

lead a tooling engineering team to trouble shoot all the production molds at different manufacturing locations in the state. Managed day to day molding operation at outside supplier to Increase production output, cycle time reductions, improve yield to meet all customer’s daily demand and eliminated finish goods air shipping to GM, Ford after 3 months on board, achieved millions of dollars cost saving.Worked closely with sales and program management team in Detroit, MI, communicated on constant base with customers, such as GM, Ford, Honda to develop manufacturing solutions, organized all the tooling/molding FMEA and PPAP, problem solving meeting.Worked closely with quality/production planning/purchasing department for molded plastics components quality/delivery/pricing, yield, scrap rate report…..  Supported purchasing/financial department for all the piece price reduction negotiations with suppliers, confirmation of product shipped and payables to vendor. Constantly traveled to Detroit, Germany, Italy to participate all the tooling/molding/product design, development meeting with Bosch head office’s engineer, manager as well as all the supplier in Europe.  Participated all the approval process of final supplier for new programs for Honda and Toyota, arranged regular meeting with all company’s tool maker/molder in US, Italy, Germany, Singapore, Malaysia….  Established a supplier “Molding Quality System” and “Tooling Standard”.

Dallas/Fort Worth Usa

Report to Hardware division General Manager, established a tooling/procurement team and first pioneered global sourcing concept to lower the manufacturing cost at Corning Hardware – Keller,TX Division, Re-engineered tooling engineering and procurement section in multiple locations, such as Porto Rico, Mexico, Dominican Republic, Canada and Singapore. Developed “Product development and tool procurement procedure” to implement concurrent engineering practice within the company to ensure the success of all final product lunch.Managed 10 engineers, technician at Corning hardware division in Keller, TX, with worth of $10 million dollars purchasing annually for both production and rapid prototype tools from vendors worldwide, and introduced SLA and DTM rapid prototype system to Corning.Accomplished multiple cost reduction projects with total saving of $3.5 million dollars in one year.Introduced and implemented Moldflow technology succefully for corporation to ensure the products were designed for manufacturability, as well as production process optimization. Personally trained internal user’s team.Personally designed and developed a high precision molding technology to make fiber optics plastic ferrule where extremely high precision molding was required (tolerance within 4micron) in telecommunication industry - a US Pattern Approved.

Melbourne , Australia

Selected to serve as a Senior Process & Tooling Engineer to work with Ford, GM and Toyota product development engineers on all aspects of new head lamp and rear lamp design, material selection, prototype design, failure mode analysis, field trail and production start up.Managed SPC, SQC and improved the consistence of product quality, productivity, reduced scrap rate from 12% to less than 3%.successfully implemented multi- colur injection molding technology to Hella Australia for Ford EA77, GM Holden VT Sedan, Mitsubishi TE wagon, Ford 199X, Toyota 660, BMW rear lamp .Designed and conducted FMEA, Moldflow analysis for all GM, Ford program

Master Of Engineering, Mechanical Engineering, Aa

Bachelor Of Engineering (Be), Heat Transfer And Thermal Dynamics