Manufacturing organizations today and in the future will have to operate in an environment that will continue to be volatile, uncertain, and complex. At the same time, they will have to operate in a digital and sustainable economy.

Join William Vaughan Company and industry leaders for an in-depth discussion on how to remain competitive and thrive in a world powered by change and innovation. Presenters will dive into how manufacturing is rapidly embracing new technologies to help improve efficiency, reduce lead/downtime, and increase competitiveness. In addition, speakers will explore the environmental governance changes making their way down manufacturing supply chains and ways to mitigate their effects. Finally, learn how a comprehensive approach to commodity hedging can help organizations mitigate the risks of price fluctuations in an unpredictable environment.

There is no doubt that financial risk management plays an important role in achieving business success. In today’s challenging business environment and increased market volatility, companies need to fully understand and mitigate the risks involved in their international transactions.

Join William Vaughan Company and our local Fifth Third Bank FX Director as they help you navigate the world of Foreign Exchange. You will have an opportunity to not only learn FX basics, but via analysis of real-life scenarios you will also learn how to identify FX risk and how to manage it in the most cost- effective way. Importers will gain some insight into cost-saving solutions and exporters will get helpful tips on how to increase their sales abroad. If you are involved in international business or considering venturing outside of the US, if you are interested in protecting your profit margin, increasing your profitability – this is an event you do not want to miss!

Key Takeaways:

  • An understanding of FX basics and exposure identification
  • An understanding of some effective strategies for managing foreign exchange risk
  • Cost-savings tips
  • Steps in risk management process

EVENT INFO

Tuesday, November 15
1:30PM - 5:30PM
William Vaughan Company
145 Chesterfield Lane, Maumee, Ohio

CPE CREDITS AVAILABLE

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Speakers:

Stansfield, Tim - Headshot

Tim Stansfield

President
IET, Inc.

Bio

Timothy Stansfield is a professional engineer with more than 40 years of manufacturing and management consulting experience. He is president of IET Inc., which has grown to 60 full-time employees and has provided professional industrial engineering support to more than 800 organizations and 6,000 locations worldwide for 30 years. His interests are in management and organizational effectiveness, manufacturing productivity improvement, effective organizational change, and all facets of performance measurement and improvement. Tim holds a B.S. in industrial engineering, an MBA and a Ph.D. in manufacturing management and is passionate about operational and process design and improvement. Tim’s wife of 38 years is Carol and he has three adult children and his two boys are married.

Kwickenheiser

Kevin Wickenheiser

Vice President
Nysus Solutions

Bio

Kevin Wickenheiser is a managing partner at Nysus Solutions, a manufacturing execution software and automation company located in Maumee, Ohio. Kevin has held his current position for the past 11 years and various other senior manufacturing roles prior. Kevin holds Bachelor of Science in Mechanical Engineering, Master of Science in Manufacturing Engineering, and Master of Business Administration degrees from The University of Toledo. Kevin resides in Centerville, Ohio with his wife Christine and their two children.

Margaret Mastroianni

Margaret Mastroianni

Director of Foreign Exchange
Fifth Third Bank Capital Markets

Bio

Margaret Mastroianni is a Director of Foreign Exchange who has been providing her clients with timely advice supported by sophisticated solutions for over 22 years. She consults with clients directly, making getting to know their business a personal priority. She identifies their exposure and tailors risk management strategies to help meet their specific objectives.

Prior to joining Fifth Third Bank in 2005, Margaret was a Foreign Exchange Manager at Sky Bank (now Huntington Bank). She oversaw FX trading, back-office operations as well as Nostro accounting functions. Joining Fifth Third Bank FX desk allowed her to provide her clients with extremely competitive pricing as well as a wide range of customized solutions including but not limited to spot, forward, option, and swap transactions, 24-hour order management, and foreign currency denominated funding. She currently supports middle market clients in Northern Ohio and Michigan, while covering large corporate automotive and foreign-owned companies across the US.

Margaret graduated from Akademia Ekonomiczna w Poznaniu (Academy of Economics in Poznan, Poland) in 1995 with an MBA in Banking and Finance.

TBD

Bio

Timothy Stansfield is a professional engineer with more than 40 years of manufacturing and management consulting experience. He is president of IET Inc., which has grown to 60 full-time employees and has provided professional industrial engineering support to more than 800 organizations and 6,000 locations worldwide for 30 years. His interests are in management and organizational effectiveness, manufacturing productivity improvement, effective organizational change, and all facets of performance measurement and improvement. Tim holds a B.S. in industrial engineering, an MBA and a Ph.D. in manufacturing management and is passionate about operational and process design and improvement. Tim’s wife of 38 years is Carol and he has three adult children and his two boys are married.