Management Buy-Out Delivers Innovation in Supply Chain Management

AUSTIN, Texas--Austin-based Sydcor LLC, a supply chain managed services provider, has recently completed a management buy-out. The new leadership team is composed of veteran Sydcor executives and industry experts. Working with leading consumer electronics companies, Sydcor designs product delivery solutions to move finished products through the last mile of the supply chain to reach customers.

"Sydcor has the talent to help large companies solve critical problems," said Darryl Kelinske, CEO, principal and founding legal counsel. "When the opportunity arose to move into an ownership role, I reached out to industry leaders and was able to assemble an A-list team. With a strong starting point and outstanding reputation, we are now focused on actively expanding Sydcor's reach and potential.”

Sydcor has been developing smartHUBs™ to enable global manufacturers to create customized solutions for regional markets. The one-of-a-kind managed service integrates inside manufacturers’ systems, processes and controls to react to changing market demands while maximizing value and the end-user’s experience.

"Sydcor is focused on leading our customers," said Keith Jacoby, vice president, operations and product delivery. "Consumer electronics companies have moved to a world-wide supply chain; they are combating increased lead times and deteriorating service levels as they deliver regionalized product offerings. We collaborate with manufacturers to overcome key obstacles and execute customized product delivery.”

Sydcor has been tapped by mid-sized and Fortune 1000 companies to manage complex and customized product delivery. The company offers bundled solutions based on its core capabilities, including: materials management and sourcing; design, prototyping and testing of packaging; ultralite fulfillment; customer relationship management services; and reverse logistics solutions.

"We like to say that we work with big companies to solve critical problems, but in reality we’re best at building processes and procedures that keep manufacturers from getting to that point," notes Kirk Coburn, principal and vice president, marketing and relationships. “In most cases, we’re chosen because our clients need product delivery solutions that are beyond their focus and existing capabilities."

Founded in 1997, Sydcor earned a place in the Austin Business Journal's annual "Fast 50" competition in 2004 and 2005 for rapidly growing companies and was rated one of the top places to work in Austin. In 2006, Sydcor earned industry recognition for successfully handling the recall, replacement and disposal of millions of batteries. Sydcor is headquartered in Austin, Texas and has fulfillment facilities in Nashville, Tennessee and Fairfield, Ohio. In 2008, Sydcor expects its corporate office staff to grow in excess of 25 percent.

The new Sydcor management team is composed of:

Darryl Kelinske - Principal and CEO

Darryl has three decades of experience working directly with owners of emerging and high-growth companies. Working with Sydcor since its inception in 1997, and initially serving as the general counsel and advisor to the company's CEO and owner, Darryl took over as the company’s chief operations officer in 2005 and actively managed every element of the world’s largest consumer electronics recall. When the opportunity arose for Sydcor to grow and diversify, Darryl hand-picked a leadership team to transform the company into an industry leader.

Keith Jacoby - Vice President, Operations and Product Delivery

Keith has more than 20 years of procurement and supply chain experience. Prior to Sydcor, he spent seven years at Dell, where he progressed through management positions in reverse logistics, services, supply chain and procurement. Keith was instrumental in streamlining the supply chain for a leading peripherals manufacturer by substantially reducing supply chain time and costs, which resulted in the repatriation of 160 jobs.

Henry Heil - Principal and Vice President, Design and Engineering

Henry joined the firm in 2006 and brings more than 23 years of experience. He spent 11 years with Nokia as senior design manager, established the Americas packaging engineering division and managed a global team of research and development packaging design engineers. Henry has achieved lifetime Certified Packaging Professional status through the Institute of Packaging Professionals.

Damien Matherne - Principal and CFO

Damien joined Sydcor from Tatum LLC, a U.S.-based executive and consulting services firm where he provided interim financial management and advisory services. Prior to Tatum, Damien worked as the director of finance and accounting for SRS Management. Damien began his career at PricewaterhouseCoopers.

Kuykendall “Kirk” Coburn - Principal and Vice President, Marketing and Relationships

Prior to joining Sydcor, Kirk founded the PGA Tour Network on XM Satellite Radio and was the president of Pure Golf, Inc., a leading provider of golf, tennis and outdoor programming to the satellite radio industry. Kirk also founded Blush Marketing, LLC, an experiential marketing and sponsorship consulting agency. Kirk worked for eight years at Dell in sales, marketing and global procurement.

About Sydcor LLC

Sydcor, a supply chain managed services provider, designs regional product delivery solutions for global consumer electronics companies. Sydcor’s smartHUBs™ provide agile, end-to-end infrastructure for dynamic volume, highly personalized, quick-turn solutions from the production line to the consumer, and back again at the end of a product’s useful life.

Founded in 1997, Austin-based Sydcor has industry-leading capabilities that span materials management and sourcing; design, prototyping and testing of packaging; ultralite fulfillment; customer relationship management services; and reverse logistics solutions. Sydcor's mission is to design the best product delivery experience - and guarantee its delivery. For more information visit www.Sydcor.com.