Simon Futcher

WORK HISTORY

EDUCATION

SKILLS

ABOUT SIMON FUTCHER

A highly strategic and analytical Senior Profit Protection/Loss Prevention Leader with particular strengths in creating and implementing strategy to reduce shrinkage and increase profitability; enhancing company performance by analysing processes for improvement and submitting recommendations to Operating Board level; and evaluating supplier performance through tender processes to introduce better efficiencies• Exceptional Stakeholder Management skills in presenting and reporting to Leadership Functions and Senior Management, influencing all corporate key stakeholders• Strong Leadership and Management skills in coaching, mentoring and motivating highly successful profit protection teams, empowering them to take responsibility whilst providing guidance, support and training• Excellent Problem Solving and Troubleshooting skills in applying root cause analysis, exploring suitable options, minimising risk to the business, introducing new systems and processes delivering robust solutions• Outstanding Profit Protection skills in analyzing and evaluating information, initiating creative and innovative ideas to come up with practical solutions and IT systems to improve outputsKey Achievements• Contributed to an increase in Profitability through reducing shrinkage by £3m, and lowering security costs by £1m whilst improving service provision• Increased the number of Staff Arrests from 50 to over 120 in a year by sourcing and implementing a new Data Mining System at an annual cost of £100k by going out to tender and negotiating a rolling annual contract• Reduced Shrinkage by £3m by creating a risk map strategy to identify highest risk stores and products, introducing new types of security personnel, adding security equipment and implementing process improvements• Managed the £2.3m Budget of 1,700 annual stock takes and working with KPMG to attend 40 random audits across the UK, conducting the analysis and reconciliation and presenting results to the FD