Lisa Reisman
Lisa Reisman, A third-generation metals enthusiast, tried several times to leave the metals industry for something more glamorous, but she just couldn’t seem to bring herself do it. Her great-grandfather started Presmet, the first US metal powder-press company in the United States, in Worcester, MA. Presmet was sold to GKN Sinter Metals several years ago; in 2007, GKN Sinter Metals, in complete disregard for Presmet’s place in metals history, had the nerve to shut the doors on Presmet’s operation.
Lisa’s grandfather, a metallurgist, was General Manager of Lavin & Sons in Chicago during and after WWII. Her grandfather’s claim to fame was the specialty blended alloys he developed to produce ammunition during the war.
Lisa began trading semi-finished aluminum metals in June of 1994 after earning her Master’s degree in Public Administration (of all things) at New York University. (It was there that she ended up working for a shady aluminum trader who turned out to have the Russian mob after him¦but that’s another story.) Lisa eventually went on to the supply-chain management practices of Arthur Andersen Business Consulting, where she earned the nickname “Shredder” (that’s an Enron, not a metal-scrap, reference). She then went on to Deloitte Consulting. Lisa has worked with a range of industrial manufacturing firms including Caterpillar, Motorola, Johnson Controls, Sanford Office Products, and Hamilton Beach, Proctor-Silex among others. In some instances, Lisa provided strategy advice often helping firms make (or in some cases not make) investments in supplier relationship management, eMarkets, sourcing and product development technologies. But she has primarily worked in the area of cost reduction helping firms remove costs from their global supply chains. In 2004, the CEO of a Tier 1 automotive company challenged her to save his company some money, so Lisa formed Aptium with partner Stuart Burns. The rest is history.
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{ 6 comments }
I am interested and looking for Metal Fabrication in Mexico and thought this was a great read. Is there a way to get in touch with Mr. German Dominguez? I am finding it hard to find a source for our products in Mexico. We make ATV aftermarket parts and have been doing some business in China but have had a bad experience with increased costs and a fall in quality. Any help would be great.
blake
Lisa,
Where would I be able to find white papers you have written?
JAC
Hi Jerry. You can get them on our website through this link: http://www.aptiumglobal.com/research-and-experience_perspectives.html please let us know if you are looking for something in particular. We may just have it! LAR
Lisa,
I have spent quite a bit of time on your site.
I found the article Stuart wrote regarding forward buying strategy and it really hit home.
I also took your sourcing strategy test.
Interesting results. I first took it as how we really do it then took it again as to how I think we should do it.
I’m sure you can guess how that turned out,
“A pair of bank economists, Patricia Mohr, VP Economics & Commodity Market specialist with The Scotiabank Group and Dana Johnson Senior Vice President and Chief Economist at Comerica Inc both believe the US has returned to growth this quarter.”
I am no economicst, but I have severe doubts as to the sustainability of this alleged recovery. General Electric recently posted adverts for 90 factory job. 10′000 people applied. Admittedly, these jobs entailed generous benefits, but even so, the bare numbers are depressing.
http://www.courier-journal.com/article/20091008/NEWS01/910080326/GE++10+000+applications+for+90+factory+jobs
Another story that the high end media appear to have failed to report upon was the huge queue of job seekers that formed in London yesterday.
http://www.dailymail.co.uk/news/article-1220302/Huge-queue-desperate-job-seekers-unemployment-hits-2-47m.html
Why are the Telegraph, Guardian etc. not drawing people’s attention to these alarming developments? Is it perhaps, because they might revoke memories of the Great Depression?
At any rate, to me, a “recovery” is something profoundly different than a firework at the stock markets that is not accompanied by a commensurate creation of new jobs. The matter of the fact is that the automotive and metal processing industries in Europe and the US have been very hard hit and might, unlike in the Far East, never recover from the blow.
The gulf between the world that Jonny Jones, the man on the street, experiences and the realm of figures, charts and euphemistic language that economists increasingly seem to inhabit, is expanding. Where will this all end? Russia’s stock market has been praised as offering interesting prospects over the last few years. Meanwhile, Russian men die at an average age of 59 years.
Titanium issue haunts NASA Mars Mission:
http://www.space.com/news/091217-mars-science-laboratory-titanium.html
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