​Driving Transformation with Teams, Technology, and Strategic Vision

In the dynamic world of finance and operations, leaders who champion innovation and collaboration often drive the most profound transformations. John Lutz, CFO of Sellars, is one such leader. His journey from streamlining processes at Charter Steel to revolutionizing data infrastructure at Sellars illustrates the power of teams, technology, and strategic thinking in creating impactful change.

A Strategic Shift at Charter Steel

Lutz’s story of transformation began during his time as director of finance at Charter Steel, where he tackled the limitations of a cumbersome, error-prone Excel model. Recognizing the inefficiency, Lutz transitioned the company to an advanced, activity-based costing system.

What set this project apart was Lutz’s approach: he engaged stakeholders from across the organization, fostering collaboration and buy-in. This wasn’t just a change in tools—it was a cultural shift that demonstrated the strength of teams working toward a shared goal. The result? A system that enhanced operational efficiency and boosted profitability.

Revolutionizing Finance at Sellars

When Lutz joined Sellars, a leading manufacturer of household products and supplies, he brought with him a commitment to modernizing systems and empowering teams. Reflecting on the company’s transformation over the past two years, he highlights how Sellars moved from relying on a row of filing cabinets for data storage to leveraging real-time dashboards.

These dashboards replaced static reports, enabling instant access to critical data. This shift didn’t just streamline operations—it redefined the finance department’s role, transforming it from a back-office function to a strategic partner that proactively identifies and resolves challenges.

Looking Ahead: Automation and Collaboration

Lutz isn’t stopping there. He’s now focused on integrating robotic process automation (RPA) to eliminate repetitive tasks, allowing his team to dedicate more time to higher-value activities. His forward-thinking approach also extends beyond internal operations.

By collaborating closely with supply chain partners, Lutz has optimized procurement processes and fostered sustainable, long-term relationships. This holistic strategy underscores his belief in the power of partnerships to drive innovation and efficiency.

The CFO Mindset: Teams and Technology Driving Growth

Lutz’s journey is a testament to how finance leaders can drive transformative change by leveraging the right mix of technology and team empowerment. By embracing collaboration, leveraging data, and freeing his team to focus on strategic activities, Lutz has turned finance into a catalyst for growth and innovation at every organization he’s served.

His philosophy is clear: when teams are empowered, technology is embraced, and a strategic vision guides the way, organizations can achieve transformative results. Lutz’s work at Sellars and beyond shows us that finance isn’t just about numbers—it’s about creating a foundation for sustainable success.

If you're looking to reimagine your organization's approach to finance, operations, or supply chain management, Lutz’s story offers a roadmap for leveraging the power of teams and technology to propel your business forward.

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