Danny Yee

1.Localization of all components imported from Europe 2.LCC sourcing for Europe plants

Manage all procurement and logistics activities. Dedicated to cost reduction and efficiency improvement.

1. LCC sourcing for Lennox International 2. Co-develop and implement sourcing strategy 3. Cost reduction on yearly basis for assigned commodities 4. Support on NPI project 5. Team work on OEM and ODM products sourcing 6. Contract Manufacturers and key component suppliers management 7. BOM cost management 8. Lead supplier improvement program

Annual Spend: $42M+ Report to Director of Advanced Planning/Strategic Sourcing in US Job responsibility: 1. Sourcing and developing of suppliers in North America and Asia region for Residential Appliances and Residential Security Products for North America market 2. LCC sourcing for US/Mexico plants 3. Lead and drive cost reduction 4. Develop and implement supplier strategy for assigned commodity 5. Supplier contract management 6. Support in NPD project 7. Supplier rationalization 8. Improve supplier performance in OTD and lead time Commodity range: Portable Lock, Lock Cylinder ,Hardware, Fastener, Spring, Welding Material, Bearing Supplier location: Asia and North America Main achievements: 1. Team work with marketing/quality/engineering in US/Mexico and successfully developed low cost cylinder supplier in China, supplying plant in Mexico with $4M annual savings 2. Consolidated 7 spring suppliers to 1 supplier for US/Mexico security plants with $450k saving 3. Support Trane low-end air-conditioner OEM sourcing in China for US residential market 4. Worked together with planning team/suppliers in supplier OTD performance ,lead time reduction, as well as MOQ reduction for portable locks

Report to Plant Manager based in Shanghai/ Central Purchasing Director based in Italy Job responsibility: 1. Purchase of all direct BOM materials and indirect materials 2. Supply Agreement management 3. Material planning , procurement and material management including warehouse activity 4. Work with Italy Central Purchasing commodity team on LCC sourcing for Italy plant. Commodity range: For this position I cover all the commodities including electrical ,mechanical, packaging, manuals, etc with annual spending US$7 Million based on the 1st year forecast. Supplier location: China and Europe. Main achievements: 1. Involved in setting up new plant in Shanghai 2. Localized 85% component of BOM in terms of spending 3. Successfully signed off Supply Agreement with all local suppliers for approved components 4. Italy plant started buying stamping tools and parts from China through my close work with central purchasing/engineering/quality and suppliers

Report to Global Commodity Director and Supply Chain Director APAC Job responsibility: 2006/2~2007/9 In charge of sourcing of Plastic/Resin/Rubber/Packaging. Supplier location: China/Europe Main tasks and achievements : 1. Work closely with global commodity manager and develop preferred supplier strategy. 2. Develop new suppliers for Invensys China plant 3. Phase out unqualified suppliers and take the lead of tooling movement. 4. Work closely with engineering team on NPI projects, particularly on tooling development. 5. Successfully validated alternative resin for dish washer controller with annual saving US$150K 2007/9~2008/10 In charge of sourcing of machining/stamping/die casting parts. Supplier location: China/India/Mexico Main tasks and achievements : 1. Supplier transfer from Japan to China for Japan Reversing Valve plant closure. 2. Initiate Supply Agreement with suppliers 3. Take part in supplier quality improvement program. 4. Fully support Corporate LCC sourcing activities, successfully developed 2 stamping suppliers and 1 spring supplier for Europe plant, annual saving Euro850K. 5. Work with global engineering team on mechanical cooking controller localization, annual saving US$200K 6. Coordinate relationship between plants and suppliers. 7. Take the lead of scrapped metal sales bidding for Qingdao plant. 8. Take the lead of in-house stamping parts outsourcing for Qingdao plant. This activity reduced part price by 8%, and reduced10 staff as well.

Report to Global Sourcing Director APAC Job responsibility: I had been stationed in Nanjing plant for 8 months since I was on board to support products transfer from US to Nanjing. I worked as liaison between sourcing team and plant until this transfer complete. I handled all the components/commodities during this period. I was then back to Shanghai office for the below responsibilities: 1. Sourcing capable suppliers in Asia-Pacific region for assigned commodities 2. Work on cost reduction projects. 3. Negotiate productive materials pricing with suppliers and contractual agreements as needed. 4. Work on outsourcing projects with engineering and marketing. 5. Conduct purchasing pre-audit to potential supplier for Quality Assurance. 6. Communicate efficiently with supplier and plant Purchasing, Manufacturing, Engineering, Quality, Finance during tight cash flow period to assure in time supply 7. Support Plant Purchasing on a regular basis, coordinate relationship between plants and suppliers. Main tasks and achievements : 1. Completed the products transfer from US to Nanjing plant 2. Localized the filter paper for HEPA & ULPA grade air cleaner with annual saving $200K, 3. Successfully developed new supplier of fiber glass insulation which needed long time UL & CSA approval.

Report to General Manager Job responsibility: 1. Purchase plan & implementation 2. Warehouse management. 3. Spare parts distribution among 13 branch companies 4. Qualified vendor developing. 5. Quick response to service team on spare parts request 6. Support spare parts sales in lead time and price. 7. Purchase tools/equipments upon request Main achievements: 1. Improved warehouse inventory report from quarterly basis to monthly basis 2. Successfully signed off Supply Agreement of refrigerant with ATO for nation wide distribution at solid price, consequently cost reduction and improved OTD as well as quality reliability. 3. Successfully signed off Supply Agreement of lubricant oil with Mobil for nation wide distribution at solid price, consequently cost reduction and improved OTD as well as quality reliability. 4. Localized compressor gaskets, annual saving around RMB100K.