Tungsten Parts Wyoming | Chief Operations Officer | laramie, wy
5 days ago
Position Title: Chief Operations Officer
Team: “C” Level Executive
Reports To: TPW - CEO
Status: Exempt
SUMMARY
As a “C” level executive at TPW, the Chief Operations Officer (COO) actively guides operational practices by overseeing manufacturing operations, production contracts, facility personnel, and maximizing TPW’s industry capabilities in both defense and commercial sectors. The COO progressively leads and makes key decisions that impact the company’s financial health, ensuring production and quality requirements are met while attracting, motivating, and supervising facility personnel onsite.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Responsibilities include, but are not limited to:
- Support for the CEO: Acts as the senior operations executive of the company. Develops and implements operational strategies that align with the company’s goals and objectives.
- Process Improvement: Identifies and implements improvements in manufacturing processes to enhance efficiency, reduce costs, and improve product quality.
- Financial Alignment: Works with the TPW CFO to ensure operational alignment with short-term, mid-term, and long-term manufacturing objectives in the defense and commercial industries.
- Team Leadership: Leads and motivates the team to advance employee engagement. Fosters a culture of continuous improvement and collaboration among various TPW departments to develop a high-performing team.
- Supply Chain Oversight: Manages the TPW supply chain and logistics to ensure the availability of materials in the correct quantity and quality for production. Ensures all shipments are delivered to customers on time.
- Supplier Management: Manages capital suppliers to improve MTTR (Mean Time to Repair) and MTBF (Mean Time Between Failures).
- Inventory Accuracy and Cash Flow: Collaborates with the CFO to achieve inventory accuracy and maintain effective free cash flow.
- Day-to-Day Operations: Oversees day-to-day operations, ensuring alignment of all major decisions with the CEO and TPW’s vision, values, and mission. Manages production meetings, creates production schedules, and oversees IT programs to ensure CMM compliance and effective supply chain management. Ensures 100% of TPW suppliers are under contracts with appropriate commercial terms.
- Budget Management: Manages the manufacturing budget, ensuring all operations remain within financial guidelines while meeting or exceeding production targets and quality standards.
- Forecasting and Reporting: Reviews financial and non-financial reports with the CEO. Works with the CFO to devise “sunny day,” “most likely,” and “rainy day” forecasts.
- Regulatory Compliance: Ensures all assets are properly accounted for and compliant with industry regulations, safety standards, environmental policies, DOD, ITAR, and other government contracts and guidelines.
- Relationship Building: Builds trust-based relationships with TPW staff, external contractors, vendors, and, as needed, key government and commercial business partners. Acts as a point of contact for resolving customer and supply chain issues.
- Other Duties: Performs other duties as assigned.
QUALIFICATIONS
- Proven ability to lead and inspire teams, prioritize and manage projects, handle multiple tasks, work independently and collaboratively, work under pressure, and meet organizational deadlines.
- Strong problem-solving and analytical capabilities.
- Bachelor’s and/or master’s degree in business administration/management, or equivalent business experience, and 12+ years of progressively responsible experience in a major company or division of a large corporation.
- Proven experience as a COO or in a relevant managerial position within a 24/7 process industry operational environment.
- Experience developing profitable operational strategies and implementing plans for defense and commercial industries.
- In-depth understanding of lean, Six Sigma, project management, and manufacturing operations, including performance management principles.
- Knowledge of corporate governance, executive-level interaction, and general management best practices.
- Experience partnering with executive teams and boards, with strong presentation, written, and oral communication skills.
- Engaging, pleasant, positive, and confident demeanor with strong interpersonal skills.
- Adaptability to changing market conditions and operational challenges.
- Excellent interpersonal and communication skills for effective collaboration in a diverse team setting.
LANGUAGE SKILLS
- Proficiency in Windows-based software, including MS Word, Excel, and Outlook.
- Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations.
- Capable of writing reports, business correspondence, and procedure manuals.
- Effective at presenting information and responding to questions from managers, clients, customers, board members, and the general public.
REASONING ABILITY
- Ability to define problems, collect data, establish facts, and draw valid conclusions.
- Capable of interpreting technical instructions in mathematical or diagram form and handling abstract and concrete variables.
PHYSICAL REQUIREMENTS
- Requires prolonged standing, walking, sitting, using hands to finger, handle, or feel; reaching with hands and arms; climbing, balancing, stooping, kneeling, crouching, or crawling; talking or hearing; and tasting or smelling.
- Occasionally required to lift and/or move up to 25 pounds.
- Requires close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus.
TPW WORK ENVIRONMENT
- Standard office setting with production facility, warehouse, and machine shop environments.
- The COO may occasionally be exposed to wet or humid conditions, moving mechanical parts, fumes, airborne particles, toxic or caustic chemicals, outdoor weather conditions, risk of electrical shock, and vibrations. Moderate noise levels are present.
- This is an onsite position located in Laramie, Wyoming, requiring oversight of a 24/7 multi-site production environment.
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