Parth Patel

About Parth Patel

Highly motivated and results-driven professional with a proven track record in supply…

Experience

1. Materials Planner

   Lactalis Usa - Lactalis Heritage Dairy

   Aug 2023 — Present · Chicago, IL, US

   Commercialization and Change Management:Execute materials management aspects of commercialization and change management initiatives.Establish and maintain effective communication with internal contacts (R&D, Procurement, Quality, Finance, Marketing, Plants, BU leadership) and external contacts (suppliers & External Manufacturers).Deliver transition strategy alternatives to the BU, enabling cost-based decisions.Execute transition plans to minimize write-offs.Materials Availability and Supplier Collaboration:Ensure availability of materials through delivery of supplier forecasts and collaboration.Establish effective communications and monitor key touchpoints.Develop and implement optimal inventory replenishment strategies with Procurement, Suppliers, and Plants.Align strategies with BU manufacturing strategy, desired service levels, and BU risk profile.Provide cost-based supplier run rules and clarify liability for supplier-held inventory.Inventory Management and Reduction Initiatives:Lead inventory reduction initiatives, optimizing SAP MRP parameters.Drive total supply chain process improvement and apply Lean principles.Ensure delivery of cash flow goals.Minimize impact of unneeded excess inventory through strategic actions.Collaboration with Procurement:Provide input to Procurement on projected volumes, business changes, supplier performance, and contractual needs.Assist in writing contracts that serve the BUs and minimize total cost.Supply Chain Resilience:Manage major supply disruptions driven by extraordinary events (flood, supplier bankruptcy, supplier equipment failure, major quality issues, etc.).Understand supplier capacity constraints and develop contingency plans to maintain supply during capacity exceedance.Data Management:Maintain key data impacting the job function, such as contract balances and material discontinuation.

Education

• Gujarat Technological University (GTU)

  Bachelor of Engineering (BEng), In Mechanical

  2013 — 2017

• Concordia University

  Master's degree, Industrial Engineering

  2018 — 2020