Nishad Parmar
Managing Partner at LOUD Capital
Chicago, Illinois
Overview
Work Experience
Managing Partner
2017 - Current
LOUD Capital is an Alternative Investment firm that focuses on venture capital, private credit, specialty finance, and other non-correlated asset investments in the price sector. With traditional stock and bond markets becoming increasingly crowded, many investors are turning to alternative investments to diversify their portfolios. LOUD's goal is to create unique funds that provide our network with flexibility in capital from a time horizon and risk perspective. LOUD Capital is an opportunistic firm that Invests in companies that solve addressable industry problems that are economic and/or social-driven with high growth potential.
LOUD Capital is a venture capital and alternative investment firm
Board of Directors Member
2020
LOUD Portfolio company - An enterprise SaaS company that focuses on changing the way we visualize supplier quality and supply chain through collective awareness of performance, results and relationships using data and AI
Board of Directors Member
2019
Zero-emission Hydrogen Fuel Cell Technology that is introducing paradigm-altering products to the alternative energy industry from sourcing hydrogen fuel, to building hydrogen-powered vehicles, to the constructing and maintenance of hydrogen fueling stations, and beyond. Actively advise and mentor the team on overall business strategy, commercial go-to-market and financial structure for M&A and target acquisitions.
Hyperion Motors specializes in green hydrogen-based power, hydrogen fuel cells, energy storage, and advanced mobility solutions.
Board of Advisor
2018
LOUD Portfolio Company - NanoFlowX is leading the waterproofing industry with patented IP68 technology. The world's most versatile solution is capable of coating and protecting electronics in any industry, in any application.
NanoFlowX is leading the waterproofing industry with patented IP68 technology.
Global Director, Commercial Excellence - Rexnord Business System
2019 - 2020
Rexnord is a $2 billion multi-platform diversified global industrial company. - Process & Motion Control, we design, manufacture, market and service specified, highly engineered mechanical components used within complex systems. - Water Management, we design, procure, manufacture and market products that provide and enhance water quality, safety, flow control and conservation Lead and set corporate direction for the Commercial Rexnord Business System to drive Channel strategy, 80/20 growth simplification, product life cycle management, NPD (New Product Development), strategic planning and sales effectiveness (Strategic account planning, Funnel, Lead Gen, Sales force effectiveness) Support/Lead 'DiRXN' connected product (IOT), digital marketing/digital strategy initiative to drive sales pipeline growth. Assist senior leadership and business teams in developing a Lean Roadmap to use in the deployment of voice of customer, product development, and commercialization strategic objectives. Directly supports sales teams and indirect distributor rep agencies to achieve strategic deployment objectives by conducting workshops, kaizen events and providing guidance through the lean transformation process.
Advisor & Committee Member
2017 - 2020
Purple Arch Ventures is a community of accredited Northwestern alums who pool money into a VC fund to invest
Senior Global Director Commercial Excellence
2015 - 2018
Responsible for leading the implementation of Xylem's commercial front-end digital transformation strategy experience from inquiry of a lead to order across a common business operating platform to enable accelerated growth, reduce costs, increase financial performance and Sales & Marketing efficiency to make it easier to business with Xylem. Lead the global design and execution of the lead generation and Salesforce.com CRM strategy for 3000+ users in 30 countries. Improved the sales pipeline transparency, lead management and customer satisfaction. Recognized correlation of increased win rate and improved customer Net-Promoter score Responsible for consolidating over 127 Selection-Configure-Price-Quote (SCPQ), e-commerce and customer portal (Salesforce Communities) platforms to a global standard eco-system to incorporate the complete portfolio of product availability for all direct customers, channel partners and sales teams globally. Co-lead the Xylem Commercial Excellence Strategy Deployment Process to drive a reduction in Net Promoter Score detractors, organic top-line revenue growth and operating margin increase. Direct reporting line to the Chief Marketing Officer to maintain global standardization across all commercial leaders and drive top line growth benefit. Ensure enterprise wide business transformation of the processes that comprise the customer experience
Global Director of Lean Six Sigma & Xylem Managment System
2011 - 2015
Xylem Management System (XMS) Responsible for the overall health, application, and effectiveness of the XMS & Lean Six Sigma program for a $2B division of Xylem. Development and implementation of KPI/KBM system Xylem wide to ensure that the strategic goal deployment process across all functions and business plans are integrated to support breakthrough business results. Own and facilitate the Strategy Deployment and Planning Process for a $2B+ division within Xylem - drive sustainable process capability at breakthrough level performance beyond STRAT plan targets in operating income/margin, revenue growth. Mentor & support the senior executive leadership team in driving top level improvement priorities across the organization from the annual planning process to monthly action plan cadence. Global multi-site P&L responsibility of 18M bottom line impact in productivity savings worldwide. Oversight of 7 facilities in Americas, 7 in EMEA, 3 in ASIA Pacific. Supported SVP of Operations in global footprint optimization, creation of manufacturing center of excellence to improve OTD 96%+, lead-time and YOY productivity by 4-5%. Responsible for overall Value Based Lean Six Sigma Project Selection and Performance within an organization of over 3000 employees:- Responsible for coordinating and leading the annual operating plan and operations strategy for 3 years. Partner with Sales & Marketing to understand yearly strategic initiatives on localization projects and market growth to implement global manufacturing capability to service customer demand. Led a diversified global team of 31 dedicated MBBs, BBs & LSS Champions to achieve enterprise excellence and a continuous improvement culture through the implementation of leadership standard work and front-end transactional improvement.
Value Based Lean Six Sigma Champion
2010 - 2011
Responsible for the tactical implementation and strategic vision of the Lean Six Sigma program. Oversaw 5 facilities with $12M in productivity savings and a team of 12 Black Belts. Recipient of the President’s GOLD AWARD for Ring of Quality within entire organization for implementation of Leadership Standard Work to drive 40% reduction in safety Injury. Facility Lean Transformation (300K sq ft) – Complete redesign of assembly cells, material flow, warehousing; resulting in 20% open footprint, 50%+ inventory turns increase & 30% labor productivity improvement. $15M new global product launch project manager: Responsible for manufacturing assembly cell process standardized and established in China, India, Philippines, Italy & USA. Responsible for career development of over 175 functional Greenbelts & Lean Leaders - projects & lean sigma engagement. Assist Black Belts in preparation for gate reviews and challenge Black Belts on technical application of problem solving tools to improve project results. Participate in project gate reviews when necessary and consult on Lean Six Sigma project implementations and managing changes with the larger organization.
ITT is an engineering and manufacturing company that provides critical components and customized technology solutions for various markets.
Enterprise Lean Sigma Manager
2008 - 2010
Change agent - Continuous Improvement - Strategy Deployment Accountable for integrating & developing end-to-end lean business processes to drive strategic initiatives. Aligning goals, solve problems, gain leadership agreement and lead successful ventures to deliver maximum profitability
Operations Manager
2006 - 2008
Oversight of manufacturing and quality inspection processes within the site. Drive culture change and promote a continuous improvement environment. Trained and coached Greenbelts through their certification process. Qualified educator on Lean Sigma tools
Avery Dennison is a company focusing on labeling and packaging materials and solutions.
Raised $942,875,787.00.
Quality Manager & Lean Six Sigma Blackbelt
2005 - 2006
Vendor-supplier evaluation and qualification process Lean Six Sigma Blackbelt Projects
Supply Chain Team Manager
2004 - 2005
Inventory management. Workload Planning Value stream mapping - Lead time reduction and increase in working capital
Quality Engineer & Lean Sigma Greenbelt
2004 - 2004
Global Operations Leadership Development Candidate – GOLD Program (cross-functional, cross-business rotational assignments based on technical skill set, job performance, Lean Sigma experience, career aspirations and business needs) Responsible for implementing quality & management systems & site qualification for ISO 9000.
Avery Dennison is a company focusing on labeling and packaging materials and solutions.
Raised $942,875,787.00.