Paul Lochmiller: Founder & Managing Partner in Torrance, CA
Paul Lochmiller

Founder & Managing Partner
Torrance | United States
Skills
No information
Interests
No information
Industries
Fashion
Lifestyle
Work experience
PEL Enterprises
Founder & Managing Partner | 03/2018 - Current
• SPRWMN LLC - Currently provide operational and management expertise as acting COO. Prepared '19 & '20 budgets including sales channel revenue forecasts, production and sales kpm's, detailed departmental expense targets, and expected c.o.p. goals. Prepare weekly cash flow projections, weekly revenue forecasts, and monthly P&L statements. Also perform day to day operational responsibilities.
• Cmposit Technologies - Prepared financial analysis and modeling during seed/development phase of startup. Work included cash flow statement, balance sheet, P&L statement, and other analyses for investor presentation deck.
• Piffy, Inc. - Provided technical analysis and research support during seed/development phase of startup.
Wildfox Couture
Operations/Production Consultant | 03/2018 - 03/2019
• Hired to provide expertise for transition and integration during company takeover.
• Created and implemented structures/systems to help with workflow, planning, and oversite of key metrics.
• Worked with each company department to make sure all goals were met and developed solutions/gap plans when necessary.
Additional Accomplishments:
• Unified cross-functional team workflow by developing corporate calendars from design development through finished goods receipt.
• Achieved a 2% finished goods cost savings through strategic negotiating and margin analysis.
• Gave real-time and side by side comparison of forecasted to actual revenues by preparing 2019 budget and tools to track sales and expenses to P&L. This was previously performed at financial period closing.
PROFESSIONAL EXPERIENCE (Cont.)
Joe's Jeans, Inc
Vice President, Operations | 03/2016 - 02/2018
• Oversaw operations of 125-person company, driving cost savings and process improvements; oversee Facilities, IT, Security, Customer Service, and Maintenance.
• Reported directly to CEO and served as a key member of executive team collaborating on strategic planning and decision making. Managed budgets and cost controls.
• Led 15 team members; previously 66 employees prior to outsourcing of warehouse operations.
Additional Accomplishments:
• Decreased raw material inventory by 17% and finished goods inventory by 14% over 8-month period by developing an effective inventory management plan.
• Served as project manager for new $6.1M HQ, overseeing design and construction of offices within existing building, IT infrastructure setup, and furniture procurement; completed project under budget.
• Transformed financial performance (from a $1.5M shortfall in gross sales to a $2.3M surplus) by spearheading creation of revenue planning and tracking tools that improved reporting accuracy and enabled proactive responses to fluctuations in revenue.
• Played key role in migration to new ERP and PLM platforms, collaborating as part of project team.