Marc Blumstein

· Led supply chain planning and procurement activities for raw materials, packaging components, and finished pharmaceutical products.

· Coordinated with internal departments, including quality assurance, regulatory, and product development to resolve any bottlenecks in the supply chain that may impact production timelines.

· Collaborated with CMO weekly to review open order fulfillment progress, ensure adherence to delivery schedules, and addressing any risks or delays promptly during the meetings.

· Monitored inventory levels, safety stock, and lead time to ensure optimal inventory management.

· Created and implemented daily and monthly production schedule for 200 items.

· Served as purchasing agent for 120 items, many with international suppliers.

· Led cross functional reviews to reconcile variances in demand forecasts.

· Decreased lead time from outside processing items from 120 days to 45 days within the first 6 months of employment.

· Generated monthly performance reports.

· Led and improved team skills through peer monitoring and project management.

· Implemented Microsoft Access database demand planning tool.

· Created monthly demand forecasts for over 2500 SKU combinations.

· Led weekly meetings with the commercial team to review new business opportunities.

· Developed and presented weekly and monthly financial reporting to senior management, with a focus on forecast accuracy.

· Improved demand forecast accuracy to 85% from initial 46% accuracy within the first 3 months of assignment.

· Determined purchasing requirements and issued purchase orders to suppliers by developing weekly and monthly demand plans for manufacturing.

· Managed a multi-million-dollar inventory through demand forecasting and supply planning for 120 million tablets monthly.

· Worked closely with sales, quality control, and manufacturing teams, to ensure materials were released and manufactured on time

· Generated cost savings of $470K between Q1-Q2 2015 by changing raw material suppliers.

· Served as subject matter expert on Oracle R12 Advanced Supply Chain Planning.

· Ensured all projects were delivered on- time, within scope and within budget.

Performed project financial forecasting for submission to Controller.