Since joining Alvarez & Marsal in 2015, Mr. Xiao has led various strategic assessment, process improvement and cost take-out initiatives for his clients. Each engagement included detailed data analytics and led to business decisions and changes that generated significant cost savings and bottom line results. Most recently, Mr. Xiao helped a large oil and gas upstream company assess its current operations and identified cost take-out opportunities of over $25 million in payroll and non-payroll spend categories.
On a recent project, Mr. Xiao assisted a Fortune 500 client in defining its fleet-related metrics creating a measurement and data plan as well as developed advanced reporting processes. The project provided new visibility into cost-saving opportunities and subsidiary best practices to improve enterprise performance and overall improvements led to cost reduction of over 20 percent across multiple equipment spending categories.
Prior to A&M, Mr. Xiao worked at Halliburton in Houston in various capacities with his most recent role being Global Quality and Continuous Improvement Manager. He designed the long-term strategy, execution plan, the competency matrix for the manufacturing quality and continuous improvement teams globally; implemented a series of methodologies and processes adopted from benchmark firms outside of the oil and gas industry; and led the value stream mapping and improvement execution for the broader supply chain base from raw material suppliers to operations. He also served as a Lean Leader to champion and support the key Lean initiatives and projects within the organization.
Mr. Xiao earned an MBA with honors from the University of Texas at Austin. He also holds a master's degree in electrical engineering from the University of Houston. He is a member of the Beta Gamma Sigma honor society and is a native Mandarin speaker.
Mr. Xiao possesses multiple professional certifications including: PMI Project Management Professional (PMP), APICS Certified in Production and Inventory Management (CPIM), ISO/TS 29001 Certified Lead Auditor, SME Lean Bronze Certification (LBC) and is Prosci certified.