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David Crandall is a seasoned executive with 27 years of experience in supply chain management, new business development, and real estate investment. He has held leadership roles at Rochford Supply and Luxor Investment Group, overseeing operations, strategy, and investments. Crandall has a strong background in negotiation, product development, and sales management, with a degree in Business Administration from Metropolitan State University.

Experience

  • Rochford Supply
    • Brooklyn Park, Minnesota, United States
    • Supply Chain & Operations Manager (2007 to Present)
      • Feb 2007 - Present
      • Brooklyn Park, Minnesota, United States

      Supply Chain & Operations Manager (2007 to Present)★ Serve in a multi-faceted leadership role spanning the supply chain, purchasing, inventory, and operations functions, with oversight of all departmental strategies, budgets, KPIs, and policies and processes. ★ Guide and supervise a 20-member cross-functional team comprising multiple levels of management and employees while maintaining relationships with external manufacturing, supply, and distribution partners. ★ Collaborate closely with executive leadership to establish strategic goals, budgets, and roadmaps for each department while working with operations leadership to drive seamless roadmap execution. ★ Restructured and optimized operations staff by reducing 3 team members while training and upskilling the remaining team members to maintain the same level of service quality. ★ Sourced and installed a machine to produce binding that had previously been purchased from an external converter, resulting in significant COGS savings across multiple product lines. ★ Generated several millions of dollars in cost savings by sourcing new vendors further down the manufacturing process, which helped retain margins during low-volume sales while enabling the sales team to acquire larger-volume customers.★ Set all purchasing and inventory KPIs (including inventory turns and quarterly/annual inventory budgets) while streamlining inventory cycle count processes to improve inventory accuracy. ★ Support new product development, commercialization, and launch efforts (including outsourcing manufacturing for existing product lines and rebranding private label lines) while managing all product messaging, promotions, pricing, and supplier relations.★ Chair the Rochford Supply Safety Committee, with responsibility for creating all safety-related goals, policies, bylaws, and training to foster a safety-focused culture and minimize workplace incidents as well as workers’ compensation claims.

  • Luxor Investment Group
    • Chanhassen, Minnesota, United States
    • Real Estate Investor
      • Jul 2015 - Present
      • Chanhassen, Minnesota, United States

       Successfully identified, evaluated, and executed real estate investment opportunities, including residential, commercial, and mixed-use properties. Negotiated favorable purchase terms, resulting in cost savings and increased ROI on multiple acquisitions. Conducted thorough market research and financial analysis to assess property potential and risks. Developed and implemented tailored investment strategies to align with short-term and long-term financial goals. Managed property renovations and improvements to enhance property value and rental income. Oversaw property management teams, ensuring efficient operations, tenant satisfaction, and rent collection. Maintained a diverse investment portfolio. Conducted comprehensive market research and due diligence to evaluate investment opportunities. Created detailed financial models, cash flow projections, and investment pro-formas. Assisted in the acquisition process by preparing investment proposals and conducting property inspections. Collaborated with cross-functional teams to assess property performance and recommend optimization strategies. Successfully managed and oversaw the execution of renovation projects, from residential properties to commercial spaces. Conducted detailed project assessments and budgeting, ensuring projects were completed within specified timelines and budgets. Collaborated with architects, designers, and contractors to create renovation plans that aligned with client expectations and industry standards. Negotiated contracts, sourced materials, and coordinated subcontractors to ensure project efficiency and quality. Implemented strict quality control measures and conducted inspections to guarantee the highest standards of workmanship. Communicated regularly with clients, providing project updates, addressing concerns, and ensuring customer satisfaction.

Education

  • Kellogg Executive Education
    Lean Operations / Supply Chain Management
  • Metropolitan State University
    Bachelor of Business Administration (B.B.A.)
  • Minneapolis Community and Technical College
    Associate of Science (A.S.), Business Management

Suggested Services

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Industry Focus. “Real Estate”

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