Barry Price
 

Mr. Price is a hands-on manufacturing leader who has successfully forged a series of turnaround, start-up and critically needed improvements with various manufacturers – including automotive components, electronics, airbag engineering and power boats – all under very tough business conditions. His responsibilities covered all functional areas, including sales, purchasing and engineering. Mr. Price has effectively implemented lean manufacturing, constraint management, Toyota Production System, Six Sigma, set-up reduction (SMED), Kaizen, JIT, TPM, etc. With a deep knowledge of both union and non-union situations, he has been able to successfully teach and implement lean tools in various companies. Mr. Price served in several special assignments as an internal source to catalyze improvement, both domestically and overseas. He also led three different organizations in ISO/QS 9000 certification.

In his work as a turnaround and improvement leader since 1992, Mr. Price has served the following companies: Allied Signal (Honeywell), Electromotive, Johnson Truck Bodies (Carlisle Corporation), Tower Automotive, Morgan Corporation, Stingray Powerboats, Auto Nation and Federal Mogul. He has held the following positions: Business Unit Leader, Vice President, General Manager, and Director of Operations. Mr. Price led six businesses from a profit loss to significant positive profit positions, all within 18 months, with no failures, and was awarded “The United States Senate Productivity Award.”

As a turnaround specialist, Mr. Price most recently served as Director of Operations at Electromotive. There he directed a diverse manufacturing organization with over 1,200 employees. Electromotive’s operation entailed complex machining, tooling, fabrication, assembly, maintenance and materials. Mr. Price was able to realize significant reductions in costs, quality defects, and critical path cycle time at the company while improving on-time delivery and uptime in key operations - despite a huge hourly employee turnover, new data systems and aging equipment.

Prior to working as a turnaround specialist, Mr. Price held the position of Operations Manager at Delco Electronics. His areas of specialization were Electronics Manufacturing and Labor Relations. At Delco, he led the business from break even to a dramatic profit increase, while nearly tripling productivity and decreasing defects by more than 90%. Mr. Price restructured Human Resources for the entire division, and was appointed the role of chief negotiator for management.

Mr. Price received his Bachelor of Science in Industrial Management from Purdue University, with areas of specialization in Marketing and Labor. He has also completed coursework for a M.S. in Organizational Development at Bowling Green State University.