LeadTime Technology Strengthens Board of Directors With Appointment of Industry Veteran Rich Sherman
Internationally Recognized Supply Chain Industry Luminary teams up with visionary Manufacturing and Supply Chain Optimization Company
WILMINGTON, Del., July 31 -- LeadTime Technology, a market leading provider of technology-enabled process optimization to reduce and right-size inventory, improve forecast accuracy and service, optimize production resources and reduce cycle time across the supply chain, today announced that supply chain industry and technology expert Richard J. Sherman has joined its board of directors. Sherman joins current board members Mike Bonelli, Gus Santelli, Doug MacLean and Cathy Forsthoffer bringing a wealth of experience to LeadTime Technology as it continues to grow by supporting client companies' transformation to Lean Six Sigma operations excellence.
"We're very excited to have someone of Rich's caliber and experience join our board as we further shape our vision for optimizing production and supply chain processes," said Mike Bonelli, president for LeadTime Technology. "LTT continues to grow and mature on all fronts, and assembling an exceptional board of directors plays a crucial role in guiding the company through growth and market expansion."
Sherman is an internationally recognized writer, researcher and speaker in the supply chain management industry. He currently serves as president of Austin, Texas based Gold & Domas Research, a visioneering company, assisting clients worldwide to implement game changing strategies to compete in a "Flat World."
Sherman is known for his leading-edge thinking and development of new technology concepts, marketing and change management for clients, and industry transformation initiatives including the team that developed the Supply-Chain Council's SCOR model and the VICS guidelines for Collaborative Planning, Forecasting and Replenishment (CPFR) among others.
Sherman has served on the North American Leadership Team and SCORBoard of Directors for the Supply-Chain Council. He also serves on the National Advisory Board to the Center for Logistics Management at the University of Nevada-Reno, and is a member of the Council Supply Chain Management Professionals (CSCMP) and the International Society of Six Sigma Professionals (ISSSP).
Throughout his career, Mr. Sherman has held senior management positions with visionary technology firms such as EXE Technologies, Syncra Systems, and Numetrix, Ltd., industry research firm AMR Research, and market leading corporations such as Microsoft Corporation, Information Resources, Inc., Mercer Management Consulting, Digital Equipment Corporation and Unisys Corporation serving clients in retail, distribution, manufacturing, and logistics services (warehousing & transportation).
An alumnus of the University of Notre Dame for both undergraduate and graduate degrees, Mr. Sherman has attended management development programs at Michigan State University, Miami University and the University of Tennessee.
"I'm pleased to join an outstanding board of directors for an exciting company in the exploding global supply chain optimization market," said Sherman. "I've always advocated advanced technology tools that can synchronize and drive demand-driven supply chain and manufacturing processes. LeadTime Technology's team vision, technology-enabled process innovation and unique solutions approach are proving themselves every day with customers that are radically improving their operations while reducing inventory and cost from end to end and I look forward to helping the company build upon the momentum and success it has achieved to date."
About LeadTime Technology, Inc.
Founded in 1998, LeadTime Technology, Inc. is a market-leading provider of technology-enabled process optimization to reduce and right-size inventory, improve forecast accuracy and service, optimize production resources, and reduce cycle time across the supply chain including manufacturing, distribution and retail. Its applications are developed by practitioners for practitioners to achieve world-class operations improvement leveraging lean, six sigma, and SCOR principles supported by patented algorithms and technology. LeadTime Technology's(TM) unique combination of consulting and software enables operational decisions to be clearly correlated to financial measurements to ensure rapid ROI and increased contribution to shareholder value on a daily basis. Based on Microsoft platform technology and independent of enterprise applications, the intuitive user interface distills all supply chain complexities into a simple list of recommendations for continuous flow management and synchronization for virtually any size or type of operating environment. Contact LeadTime Technology at 423-240-0365, or http://www.leadtimetechnology.com/ for more information.
Press and Analyst Contact: Cathy Forsthoffer Richard J. Sherman LeadTime Technology Gold & Domas Research Cathy.Forsthoffer@LeadTimeTechnology.com rsherman@goldanddomas.com 423-240-0365 512-266-9041