Nick Racster

Chief Operating Officer & Head of Lean Manufacturing/ Performance Improvement at Sun European Partners, LLP
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Contact Information
us****@****om
(386) 825-5501
Location
CH
Languages
  • German Limited working proficiency

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Credentials

  • Six Sigma Black Belt
    The Lean Six Sigma Company
    Mar, 2014
    - Nov, 2024

Experience

    • United Kingdom
    • Venture Capital and Private Equity Principals
    • 1 - 100 Employee
    • Chief Operating Officer & Head of Lean Manufacturing/ Performance Improvement
      • May 2017 - Present

      Transformed operations and supply chains of portfolio companies for maximum EBITDA impact. Developed global lean/ supply chain change programmes. Chief Operating Officer/ Chief Supply Chain Officer positions. Strategic supply chain and operations design + implementation. "Eating glass" - hands dirty delivering what needs to be done at all levels rather than what I want to do. Filling in the gaps, coaching managers, bringing the strands together for performance excellence. Transformed operations and supply chains of portfolio companies for maximum EBITDA impact. Developed global lean/ supply chain change programmes. Chief Operating Officer/ Chief Supply Chain Officer positions. Strategic supply chain and operations design + implementation. "Eating glass" - hands dirty delivering what needs to be done at all levels rather than what I want to do. Filling in the gaps, coaching managers, bringing the strands together for performance excellence.

  • The Thinking Way
    • Zug, Switzerland
    • Presenter
      • Feb 2016 - Present

    • Switzerland
    • Automation Machinery Manufacturing
    • 700 & Above Employee
    • Group Vice President - Supply Chain Excellence
      • Feb 2016 - Jun 2017

      Supply chain transformation & operational excellence applied to ABB at global level. Developing new processes, new teams and leading positive change Supply chain transformation & operational excellence applied to ABB at global level. Developing new processes, new teams and leading positive change

  • Magnificum Limited
    • United Kingdom
    • Senior Vice President Supply Chain Transformation
      • Jun 2014 - Feb 2016

      1. C & J Clarks - Senior Vice President Manufacturing & Supply Chain USA (Interim - 9 months) i. Turnaround of distribution operations in US; Scope: 60k SKU's/ season ii. Design of a global manufacturing responsiveness improvement programme 2. KPMG - Senior Director Supply Chain/ Lean (Interim) i. Development of a sales pipeline for consulting practice. ii. Supply chain transformation roles. (Chief Transformation Officer, Chief Operating Officer, Group Operations Director, Executive Director Operations, Executive Director Manufacturing, Manufacturing Director, Group Manufacturing Director, Operational Excellence Director, Manufacturing Excellence Director, Chief Supply Chain Officer, Group Supply Chain Director, Supply Chain Director, Technical Director, Value Enhancement, Business improvement, Global Head, International Experience, Global Experience, China, USA, Europe, Germany, Willing to relocate, Reengineering, Manpower Development, Change management, Engagement, Supplier Development, Supply Chain Integration, Project Management, Standardised, Productivity, Manufacturing operations, Global supply, Interim, Supply Chain leader, Operational roles, Improvement programmes, turn around, private equity)

    • United Kingdom
    • Mining
    • 700 & Above Employee
    • Head of Manufacturing & Supply Chain
      • Jan 2010 - Jun 2014

      The leading manufacturer of synthetic diamonds for industrial applications ranging from Oil & Gas drilling to surgical blades and speaker domes. End to end transformation of operating activities. Accountable for group manufacturing performance, group supply chain performance, group quality performance, group customer services and operational excellence. Transformed operational & supply chain performance of the group, leading manufacturing and supply chain forward, reported to the global COO. Joined Global Leadership Team by invitation from CEO in 2011 Annual chairman award received 2 years running (2011 & 2012) Delivery performance raised to high 90's% Process manufacturing lead times reduced 50% Diamond yields lifted by 20% through standardised work and problem solving Supply chain inventory reduced by 50% Professional S&OP implemented - transformed senior team working and stabilised workload on plants Innovation speed accelerated through introduction of gated process for new product development Group wide operational metrics introduced Established group operations council with CEO and Global COO Commissioned a group wide cloud based production system Developed executives and site operations directors in lean manufacturing, operational excellence and supply chain best practice (and deployed best practice though this group) Recognised, Leadership, P&L Responsibility, Operations Strategy, Vision, Objective Setting, Operations Leadership, Management, Manpower management, Union, Post Merger Integration, Supply Chain Planning, Inventory management, S&OP, Lean Transformation, Supply Chain Transformation, Chain project, Lean Manufacturing, Transformation Programme, Manufacturing Excellence, Six Sigma, Lean Culture, Problem Solving, Operational Excellence, Supply Chain Excellence, Continuous Improvement, Business Process Re-engineering

    • France
    • Business Consulting and Services
    • 700 & Above Employee
    • Managing Consultant - Manufacturing, Lean & Supply Chain Transformation
      • Sep 2006 - Mar 2009

      Led operational change and supply chain change at leading FTSE100 organisations. Completing both rapid turnaround's and delivering change through others developing their capability. Head of business development for manufacturing and life sciences, developing new accounts focused on consumer products Developed the sale of and led both the design and delivery of large scale operations transformation projects to reduce costs and increase operational performance Managed teams of 20+ consultants. Example clients, Kellogg's, GlaxoSmithKline, The DWP

    • Real Estate
    • 100 - 200 Employee
    • Management Consultant - Manufacturing, Lean & Supply Chain Strategy
      • Oct 2001 - Sep 2006

      Delivery of operational transformation at leading FTSE100 and Fortune 500 organisations to achieve business performance objectives Subject matter expert in operational excellence, lean manufacturing, supply chain excellence, supply chain transformation Delivery of operational transformation at leading FTSE100 and Fortune 500 organisations to achieve business performance objectives Subject matter expert in operational excellence, lean manufacturing, supply chain excellence, supply chain transformation

    • United States
    • Motor Vehicle Manufacturing
    • 700 & Above Employee
    • Engineering Manager - European Operations & Factory Manager
      • Mar 1998 - Jun 2000

      Reporting to the Chief Operating Officer. Set-up new production automotive production facility in Wuhan, China & Sao Paulo, Brazil. Defined Group Technology Strategy and implemented through capital equipment suppliers. Solved technical manufacturing engineering challenges which improved customer success. Purchased and project managed procurement of high value capital equipment. Developed process solutions to win new OE business. Reporting to the Chief Operating Officer. Set-up new production automotive production facility in Wuhan, China & Sao Paulo, Brazil. Defined Group Technology Strategy and implemented through capital equipment suppliers. Solved technical manufacturing engineering challenges which improved customer success. Purchased and project managed procurement of high value capital equipment. Developed process solutions to win new OE business.

  • Hild Tore
    • Siegen Area, Germany
    • Mechanical Engineer (Student)
      • Aug 1997 - Dec 1997

      Production management Production management

  • Schade Automotive (Germany)
    • Siegen Area, Germany
    • Mechanical Engineer (Student)
      • Jun 1997 - Aug 1997

      Production management Production management

    • Oil and Gas
    • 700 & Above Employee
    • Mechanical Engineer (Student)
      • Jun 1995 - Oct 1995

      Mechanical engineer in refining operations, work experience across oil & gas Mechanical engineer in refining operations, work experience across oil & gas

  • Walzen Irle GmbH
    • Siegen Area, Germany
    • Mechanical Engineer (Student)
      • Jun 1995 - Oct 1995

      Mechanical engineer solving fluid flow, heat transfer and mechanical problems relating to paper calendering Mechanical engineer solving fluid flow, heat transfer and mechanical problems relating to paper calendering

Education

  • University of Exeter
    Master’s Degree, Mechanical Engineering
    1993 - 1997
  • University of Stuttgart
    Master’s Degree, Mechanical Engineering
    1996 - 1996

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