Young Kim

Young Kim Email and Phone Number

Solution-driven Senior Executive ➡ Global Sourcing | Consumer Product Brands | Product Development | Merchandising @ Reston Lloyd Ltd
sterling, virginia, united states
Young Kim's Location
New York City Metropolitan Area, United States
About Young Kim

I am passionate about strategic global sourcing, brand management, and product development, and focused on delivering results to maximize the company’s profitability. I am comfortable working in multi-cultural environments with cross-functional teams, I honed my skills at the global sourcing company, Li & Fung Trading, as well as with consumer brands, such as Lenox and Pfaltzgraff, and an eCommerce start-up, Fab.com. I am a well-traveled manager, who enjoys the opportunity for face-to-face meetings to forge relationships and manage projects with a hands-on, collaborative style, which builds mutual respect and long-term benefits.BUSINESS TRANSFORMATION ◆ Initiated first-ever overseas sourced program for The Pfaltzgraff Co., and grew sourced programs from 0% to 50% of total dinnerware volume within 5 years. STRATEGIC COST REDUCTION ◆ Strategically transitioned $10M in US manufacturing of giftware to 100% offshore sourcing, delivering 40% cost savings, initiating the first ever offshoring of Lenox Fine China to reduce costs.PRODUCT PORTFOLIO MANAGEMENT ◆ Owned Sandra Magsamen brand relationship and collaborated with author to grow her business in multiple categories with Wal-Mart from zero to $25M in four years, while at LFUSA.SYSTEMS & PROCESS IMPROVEMENT◆ Championed and implemented corporate sourcing application at Lenox called RockBlocks, now called Arigo STM, and Enhanced Retail Solution (ERS) system at LFUSA.NEW CATEGORY DEVELOPMENT ◆ Conceptualized and executed development of variety of businesses for Costplus, such as “There” branded Personal Care and Home Fragrance product and “Blue Elephant” branded Thai food business, while at LFUSA.

Young Kim's Current Company Details
Reston Lloyd Ltd

Reston Lloyd Ltd

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Solution-driven Senior Executive ➡ Global Sourcing | Consumer Product Brands | Product Development | Merchandising
sterling, virginia, united states
Website:
restonlloyd.com
Employees:
9
Young Kim Work Experience Details
  • Reston Lloyd Ltd
    Vice President Of Merchandising
    Reston Lloyd Ltd 2016 - Present
    Sterling, Va
    Recruited by owner to expand the assortment by developing new brand and product categories in housewares. ◆ Developed partnership with key supplier of new housewares category in Asia, and implemented brand launch and merchandising strategies for US Market.◆ Identified new opportunities and developed merchandising programs with existing product and established new business with accounts such as Williams Sonoma Group, Kohl’s, Walmart.com, Costco, and Target
  • Fortessa Tableware Solutions®, Llc
    Vice President, Consumer Product
    Fortessa Tableware Solutions®, Llc 2014 - 2015
    Sterling, Va
    Recruited by owner to grow consumer wholesale business by leveraging the existing commercial tabletop business.◆ Created and implemented product development strategy for Dinnerware and Flatware as well as related sourcing strategies for the wholesale business.◆ Drove sales and marketing programs and established relationships with Corporate Accounts such as Williams Sonoma Group, Crate & Barrel, and Bed Bath and Beyond.
  • Fab.Com
    Svp, Global Sourcing And Product Development
    Fab.Com 2013 - 2014
    Greater New York City Area
    Recruited to develop and grow exclusive private label business for Fab.com, a new category for the venture capital funded $100M start-up eCommerce company.◆ Created and implemented strategic plan to grow private label and licensed brands in home textiles, furniture, and home décor categories, which generated 500 SKUs of new items. ◆ Maximized output of the design and sourcing department, hiring new Director of Design, additional designers, and created new positions of Director of Licensing to secure exclusive brands and design new product.◆ Enhanced sourcing process by consolidating key resources in multiple countries to reduce complexity and streamline development process. ◆ Expanded relationships with new factories and resources in Poland, Germany, China, India, and Vietnam.
  • Li & Fung Limited
    Senior Vice President, Home Division, Lfusa
    Li & Fung Limited 2003 - 2013
    Greater New York City Area
    Promoted to lead cross-functional merchandising and sourcing management team in New York and Asia in the strategic development and growth of branded programs for multiple product categories and retailers with total annual volume of $130M. ◆ Initiated and executed merchandising, product development and sourcing strategies for Sandra Magsamen and Hometrends brands for Wal-Mart, Sheex for Bed Bath and Beyond, Calvin Klein Tabletop, G Shop for Macy’s, J Adler for JCP, and other various licensed bedding and Home Décor programs.◆ Managed and expanded P&L relationships with licensors, negotiated multi-million dollar contracts, and developed long-term marketing and product strategies.◆ Drove continuous improvement by creating new process to organize merchandising team by brands and customers and implemented Product Lifecycle Management application (PLM).◆ Initiated and implemented new planning and inventory management system, Enhanced Retail Solution (ERS), maintained target turn, and managed excess and obsolescence below 1.5% of net sales.
  • Li & Fung Limited
    Vice President, Business Development And Global Sourcing
    Li & Fung Limited 2003 - 2013
    Greater New York City Area
    Led U.S. business development with customer acquisition and merchandising for Hong Kong-based buying agency and directed extensive product sourcing and development for an overall volume of $60M.◆ Acquired and signed global buying agency agreements and developed sourcing business with major accounts such as Cost Plus World Market, TJX Inc., and Southern Living at Home. ◆ Supervised subordinates based in New York, Hong Kong, Shanghai, Beijing, Porto, and Bangkok.◆ Sourced “Gail Pitman” collection for Southern Living at Home from Asia, domestically produced hand-painted ceramic products, through hands-on collaboration with designers and overseas teams.◆ Persuaded TJX VP Sourcing to showcase curated samples from 30 different Indian suppliers at TJX HQ, winning sourcing contract, which generated $50M in annual shipments.◆ Developed licensed brand businesses for European customers, (i.e. Andrew Martin Home collection for John Lewis.)
  • Lenox
    Vp Global Sourcing
    Lenox 2000 - 2003
    Lawrenceville, Nj
    Developed and implemented world-class sourcing platform and enhanced strategic relationships with key agents and vendors in sourcing countries.◆ Organized sourcing and planning staff formerly in separate silos into one team, consolidated buying agents and supplier network, and implemented systematic process for vendor compliance and performance measurement.◆ Developed and implemented supplier dashboard to measure key sourcing performance metrics and continuously improve the suboptimal performance areas in supply chain.◆ Re-sourced Butler’s Pantry, the #1 casual dinnerware program, from Italy to China to eliminate quality issues and achieve 40% cost savings.
  • The Pfaltzgraff Co.
    Vp Global Sourcing
    The Pfaltzgraff Co. 1989 - 2000
    York, Pennsylvania Area
    Recruited as business manager for Bone China and rapidly promoted to progressively more responsible positions in Product Management, Marketing, and Global Sourcing, culminating with the Vice President of Global Sourcing. ◆ Launched and led the Global Sourcing department as the Vice President of Global Sourcing.◆ Planned and drove product launches of Nautica and Naturewood Collections by leveraging a polarizing market research result to gain management buy-in, ranking Naturewood as the all-time #1 selling pattern.◆ Started the stainless flatware business and grew revenue from zero to $20 million in three years starting the sourcing in China and diversifying supplier base to China, Vietnam and Indonesia. ◆ Secured licensing and spearheaded the development for Star Trek dinnerware and ceramic giftware collection, manufactured and sourced by Pfaltzgraff, generating multi-million dollar sales and thousands of collectors.PFALTZGRAFF TIMELINEVice President – Global Sourcing (1997–2000)Vice President – Product Management & Marketing (1994–1997)Director of Product Management (1992–1994)Business Manager – Bone China (1989–1992)

Young Kim Skills

Product Development Global Sourcing Sourcing Merchandising Retail Strategy Management Product Management Private Label Supply Chain Management International Business Forecasting Business Development Brand Development Fashion Wholesale Inventory Management Trend Analysis Brand Management Consumer Products Supplier Relationship Management Strategic Sourcing Cross Functional Team Leadership Cross Cultural Communication Skills Multi Cultural Team Management Licensing Negotiations Vendor Negotiation Business Transformation Portfolio Management Project Management Business Process Improvement P&l Management Cost Reduction Retail Category Management Category Management Leadership

Young Kim Education Details

Frequently Asked Questions about Young Kim

What company does Young Kim work for?

Young Kim works for Reston Lloyd Ltd

What is Young Kim's role at the current company?

Young Kim's current role is Solution-driven Senior Executive ➡ Global Sourcing | Consumer Product Brands | Product Development | Merchandising.

What is Young Kim's email address?

Young Kim's email address is ki****@****ail.com

What schools did Young Kim attend?

Young Kim attended University Of Pennsylvania.

What skills is Young Kim known for?

Young Kim has skills like Product Development, Global Sourcing, Sourcing, Merchandising, Retail, Strategy, Management, Product Management, Private Label, Supply Chain Management, International Business, Forecasting.

Who are Young Kim's colleagues?

Young Kim's colleagues are Anna Manalo, Jill Rembold, Garrett Cook.

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