Supply Chain Inventory Management
Resume:
Dan Panea, MBA
******@*****.***
PROFESSIONAL PROFILE:
Supply chain leader, with over 25 years of experience in leading supply chain teams and business transformation. MBA and Engineering program graduate, best practices driven, independent, with a successful leadership track record in a fast paced, multi-location/national environment. Looking for a competitive leadership position, to help the organization deliver, on time, quality products to end users.
WORK EXPERIENCE:
Medical Family Leave
04/2023 to Present
I have left Novo Nordisk after a 3 months paid leave, when I was told that my mother’s medical condition is severe. My mother has been diagnosed with cancer in 2022. Took 12 months time off from work to attend my mother’s medical needs. She is 82 years old, and is currently fully recovered.
Senior Manager Clinical Supply Chain
Dicerna Pharma / Novo Nordisk - Boston, MA
03/2022 to 04/2023
Achievements:
Recovered 14 FP batches by re-packaging and re-labeling remaining batches
Developed expiry tracker to proactively estimate FG inventory expiry risks
Responsibilities:
Lead Clinical Supply Team in supporting clinical supply activities for new and on-going trials, including demand forecasting, trial monitoring, resupply planning, IRT setup, and distribution
Setup up Fisher IRT system for global depots, and sites forecast, inventory and resupply
Responsible for reviewing clinical protocols and design supply chain strategies for new studies
Drove demand forecasting, and inventory plans, to make sure on-time startup for new studies
Hands on design and execution of packaging and labeling campaigns, including timeline, documentation approval, coordination with packaging CMO, labeling, and distribution providers
Ensured on-time delivery of inventory timelines for requested bulk manufacturing, packaging, labeling, and final release to meet forecasted demand
Managed activities related to expiry extensions, re-packaging and re-labeling of FG batches, to be reused on other clinical studies
Lead resolutions of logistics issues, supply chain services, inventory stock/stock-out, shipment of products, third-party warehousing
Managed vendor relationship with contract packaging, labeling, distribution
Responsible for maintaining strong relationship and business processes with Accounts Payable, Legal to effectively deliver on-time approvals of purchase orders, change orders, and CMO invoices
Provided transparency in collaborative work with Science Team, Quality Assurance, Regulatory Affairs
Senior Manager Supply Chain Planning
Dicerna Pharma - Boston, MA
09/2019 to 03/2022
Achievements:
Recovered $3.5M of expiring raw material inventory
Lead the implementation of a new planning tool for raw material, DS, DP and FG, with the purpose of eliminating stock out
Created and implemented an end to end S&OP cross-functional process: Clinical Ops, Manufacturing, CMC, Sourcing, Program Managers, Regulatory and Finance teams. Eliminated stock outs of $3.2M in raw materials.
Drove the setup of a new planning strategy across several programs, by using Tax Import Bonds vs TAX which provided savings of $2.3M.
Lead SAP implementation, and User Acceptance Testing, in collaboration with PwC consultants
Coordinated SAP functional training across supply chain clinical and commercial, CMC Tech Ops, regulatory, compliance, finance, manufacturing, quality, and logistics
Responsibilities:
Owned monthly Supply Planning reviews with CMC/Manufacturing, Finance, Clinical Ops
Responsible for setting ERP/SAP supply chain parameters to support business safety stock and resupply
Lead CMO/Internal inventory planning of Raw Material, DS, DP, and FG reconciliation across the network
Integrated a new cold chain carrier to transit and provide customs support for shipments from/to China and Europe
Integrated a new cold chain depot in US to provide FTZ services
Drove process improvements in the Clinical and Commercial Supply Chain in order to drive cost savings, reduce risk and improve service levels
Built and lead the Supply Chain planning and inventory management business processes and tools in anticipation of new drugs commercialization
Developed and implemented a new raw material purchasing strategy, to reduce excess inventory while meeting the safety stock target levels
Implemented new reporting and inventory strategies at CMO sites to track inventory consumption and reporting
Lead development of a new supply chain planning strategy for a new commercial launch, from raw material, drug substance, and drug product, through product label and packaging, and 3PL
Developed new business process to provide Finance with needed data, reports, purchase orders, inventory reports, to ensure timely reporting and budget adherence in accordance
Directed team on setting up SAP Master Data, MRP SAP plans, Material Master Data, product definition, product impurity profile, including safety stock, lead times, time fences, aligned to new FDA requirements
Supported FTZ implementation and balancing domestic and international storage requirements vs FTZ storage requirements
Responsible for end-to-end team planning activities from Raw Material, Drug Substance, Drug Product, through final product, identifying risks and developing mitigations plans to support business requirements
Senior Manager Supply Chain Planning and Purchasing – Plant Leadership Role
Hologic Inc. - Marlborough, MA
04/2019 to 12/2019
Hologic is an innovative diagnostic and medical imaging solutions company specializing on women health, with over $4B in revenue, and offices in over 15 countries, and more than 6,300 employees.
Achievements:
Reduced material standard costs, PPV plan, through contract negotiation for top 80% spend parts
Improved in-stock raw material availability while decreasing excess inventory ($7M target goal)
Developed NPI pilot and commercial launch demand and supply plan for new diagnostic instrument
Lead Oracle MRP change initiative to reduce faulty system triggered demand forecast variation
Drove the development of a new planning and purchasing strategy – removed system automatic demand roll-over, and implemented automatic blanket PO releases
Lead Kaizen event to identify new Value Improvement Projects (standard cost reduction) for Fiscal Year 2020 in collaboration with Commodity team
Lead ABC product portfolio segmentations, implementing new safety stock, reducing excess inventory by $3M, and maximized in-stock inventory availability
Drove inventory optimization strategy, with the implementation of safety buffer stock at finished goods and raw material
Developed new KPI’s to measure planning and purchasing team’s performance
Responsibilities:
Developed and implemented Center of Excellence standards for inventory management, purchasing and manufacturing planning
Part of manufacturing plant leadership team, reporting to the regional Sr. VP of Manufacturing Operations
Directed the Planning, Procurement, Shipping and Inventory Management of all materials for commercial and clinical production as well as supported ancillary groups by utilizing financial systems, production schedules, forecasts and annual budget projections
Lead raw material planning and direct purchasing activities in support of internal manufacturing as well as custom raw material planning used at external partners.
Accountable for the growth and performance of the Warehouse, Shipping and Procurement teams
Implemented supply and production planning processes aligned with Oracle system capabilities
Partnered with Manufacturing to ensure short and long term material plans are in place for Hologic manufacturing sites.
Integrated plant S&OP business process with 4 corporate divisions, to align manufacturing capacity with demand
Developed QBR’s with all 4 divisions, to review plant performance and make adjustments to align on business strategy
Coached, train and drove implementation of professional development plans for planning and purchasing associates
Supply Chain Planning and Purchasing Manager
DePuy Synthes - Johnson and Johnson, Raynham, MA
06/2015 to 5/2019
DePuy Synthes is a global leading medical devices innovative company, with Research and Development teams in US, Europe, and APAC, targeting the following medical devices: Joints, Trauma, Spine, Sports Medicine, and MD Power Tools. A company with over $10B in revenue, and 18,000 employees in 60 countries.
Achievements:
Improved Supplier OTD performance from 55% to 85% for 9,000 SKU’s
Developed and led implementation of Supply Handover across Spine franchise, as part of S&OP process
Drove implementation of SC KPI’s, and metrics dashboard in Tableau, to enable visibility and solutions for supply root causes, leading to higher level of opportunity identification and continuous improvement
Created and implemented an NPI standard tool and process, to proactively anticipate overlapping of NPI requirements across CM network
Drove changes of strategic supply chain processes, and implemented these changes cross-franchise: Net Requirements calculation and supplier production plan hand-over, to quickly react to changes in demand consumption
Developed and drove training initiative to mature supply chain planning capabilities across Spine franchise, in line with business strategic goals of reducing inventory, and increasing customer service level.
Responsibilities:
Part of Center of Excellence team, designed, developed and implemented Supply Chain Planning, Inventory Management, and Vendor Collaboration Play Books
Designed, developed and implemented Center of Excellence training study guides for the planning and inventory management communities
Drove development and implementation of new operational processes for planning and purchasing to support an increase in product portfolio, from 9,000 to 14,000 SKUs
Implemented Tableau dashboard for planning team, to measure supplier performance - OTD, VMI attainment, BO, and drive root cause evaluation and solution action plan
Matured S&OP, VMI, RCCP, Scenario Planning processes, to sustain an increase in product base
Collaborated with the Directors of Supply Chain Excellence and Supply Chain Transformation to develop improvement plans for product availability, production capacity, and supplier on time delivery
Lead Supply Scenario Analysis across the supply network within the tactical horizon, making supply response proposals to balance capacities.
Lead team to continuously develop and improve planning processes by continuously adding new improvements, including use of capabilities within SAP.
Lead the monthly Sales Inventory Operations Planning (SIOP) process.
Lead Supply Chain transformation projects working directly with the supply chain team to execute on defined scope, budget and transformation results
Collaboratively improved Team relationships with Engineering, Finance, Marketing, and Commercial teams by making presentations on Supply Chain concepts, and open up communication channels
Connected with commercial teams on exception basis, to validate large forecast variation on NPI and base business, and presented supply updates on constrained product lines
Drove the creation of Root Cause scenarios for supplier OTD, VMI, and customer LIFR
Took part in supplier contract negotiation, and developed the planning sections in collaboration with Source teams and CM’s
Collaborated with 3rd party suppliers and logistics to improve delivery lead time on new acquisitions
Responsible for team succession planning and team individual development plans, to help incubating new leaders
Hired, trained, coached new best in class planning team
Increased planner capabilities through training, coaching, and additional curriculum – APICS, MIT Supply Chain Training, Harvard Leadership Training
Trained and coached team on relevant supply chain concepts, quality processes, NPI supply process, and FDA regulations
Supply Chain Manager
SurProd Manufacturing, NH
08/2012 to 05/2015
Demand Planning Manager
Coty Beauty, Chicago, IL
08/2011 to 08/2012
Demand Planning Manager
Robert Bosch, Peoria, IL
03/2010 to 9/2011
Global Demand Planning Manager
Nortel Networks, Raleigh, NC
1/2007 to 5/2009
Several Other Positions held between 01/1994 and 12/2006
LEADERSHIP PROGRAMS:
Driving Strategic Advantage in Supply Chain Space – Executive Education, MIT, July 2016
Block chain Implementation in Supply Chain – Workshop, MIT, Oct 2018
Supply Chain Collaborative Partner Project – MIT, Nov 2015
Leaders Developing Leaders – Johnson and Johnson Training, Oct 2016
Leading Cross-functional Teams – Dale Carnegie, New York, Oct 2012
Project Management - Project Leadership – Johnson and Johnson Training, April 2017
APICS CPIM Training – Johnson and Johnson, 2017
Six Sigma Training – Nortel Networks, Feb 2008
EDUCATION:
MBA – Supply Chain Management – U.S. East Carolina University, NC (Dec 2006)
Electronics Engineering Bachelor of Science – U.S. California State University, CA (May 2002)
Contact this candidate