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Barry Price
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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.
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