Paul Schultz

About Paul Schultz

I am a highly analytical, strategic, and decisive executive with 15+ years of progressive leadership experience directing finance, supply chain, logistics, and inventory management operations within the Retail, Healthcare, and Consulting sectors. As a resourceful problem solver, I possess an innate ability to bridge gaps between operations, accounting practices, and financial results to maximize efficiencies and increase profits. I thrive as an effective communicator with success building high performance teams and conveying supply chain and logistics strategies to drive cost reductions, profitability improvement, and customer satisfaction within diverse fast-paced environments.Career Highlights:* Led turnaround of Wholesale business division for Follett High Education Group improving operating profit from -$2.8M to +$3.6M within 8-months. Eliminated unprofitable student buy backs events at schools and redefined acceptance criteria on USED books with consumable components. Negotiated operations agreement to sell off Wholesale division.* Directed development of solution that blocks store level backorders from going to 3rd party wholesalerswhen there is available access to excess supply in network of stores. Achieved $44M annualized reduction in wholesale orders.* Developed process that identified books prior to return rights expiration. Reduced NEW dead bookmarkdowns from $14M per year to $7M in 3-years.Specialties:Financial Planning & Analysis • Leadership & Team Building • Strategic Planning & Execution • Supply Chain & Logistics Operations Management • Global Sourcing & Business Intelligence • Inventory Management • Complex P&L Management • Full Lifecycle Project Management • Continuous Process Improvement • CorporateProcurement • Vendor Management & Contract Negotiations • Accounting & Financial Analysis

Experience

1. Vice President Finance

   Follett Higher Education

   Jan 2023 — Present

   Develop and implement strategic vision establishing sales and margin forecasting as well as sourcing / acquisition strategies for Course Materials department ($900M physical and digital business / 2M+ book titles) with full P&L accountability. Created and maintain monthly accounting processes to generate companies channel P&L which converts income statement along strategic initiatives (Equitable Access, Inclusive Access and Student Purchase). Created Power BI reports to share financial and operation information to drive meaningful actions

Education

• Northwestern University - Kellogg School of Management

  Master of Business Administration - MBA

  2006

• Michigan State University

  Bachelor of Science - BS, Civil Engineering

  1996

• Roosevelt University

  Bachelor of Science - BS, Computer Science

  1999

Skills

• Process Improvement
• Management
• Team Building
• Team Leadership
• Retail
• Outsourcing
• Strategy
• Business Analysis
• Vendor Management
• Forecasting
• Business Process
• Business Process Improvement
• Business Strategy
• Project Management
• Analysis
• Leadership
• Change Management
• Inventory Management
• Operations Management
• Strategic Planning
• Business Intelligence
• P&L
• Program Management
• Supply Chain Management
• Integration
• Six Sigma
• Call Centers
• Cross-Functional Team Leadership