Summary
Overview
Work History
Education
Skills
Accomplishments
Work Preference
Work Availability
Certification
Timeline
ProjectManager
Vipul Patel

Vipul Patel

COO
Brampton,ON

Summary

Over the career period grown from Supply Chain and Operations & into business management function as well. Moved through various phases of a COO's career path : from being a Supply Chain and Operations expert to a generalist with operational capabilities; a performance manager with focus on strategic cost management, planning and processes & systems; and a growth champion leading M&A efforts and supporting the CEO in formulating growth drivers. Developed strong capabilities in related business areas like organization design & development, building key business processes with IT-based systems backbones, business controls & risk management (beyond the traditional financial risks), business performance measurement & management, business strategy & tactics, conceptualizing new growth drivers, strategic cost management, measuring intrinsic business value, business forecasting & improving the predictability of business models. Extensive experience in global sourcing, vendor identification, development and analytical assessment, to strengthen supply chain effectiveness. Demonstrated cross-functional knowledge with proven operational success. Proactive planner with the ability to nurture credibility and confidence with management and plant personnel. An individual that derives genuine pleasure from transforming high-potential staff into outstanding leaders demonstrating the creativity critical to financial and operational success. High-impact team player with proven ability to slash inventory variances and error rates through strong management practices and strict adherence to policies and procedures. SIGNIFICANT ACCOMPLISHMENTS Business and Functional Leadership Chief Operating Officer for the fastest growing Canadian Generic Pharmaceuticals company. Successfully developing supply chain operations with sourcing and procurement responsibilities from across the globe, managing and aligning the financial systems with changing accounting standards. Developing and implementing complete global supply chain management solutions and processes. Comprehensive understanding of competitive global business environments and varying cultural aspects. This helped the company to be awarded Canada’s Best Managed Companies three times in a row. Vice President of North American Operations for a global pharmaceutical company. Selected to setup financial and supply chain function in the company with full responsibility for demand and production planning, designing system processes (including IT Systems), scheduling, inventory management, warehousing, distribution and all-in-all supporting annual global revenues of $1 billion with a client base in over 50 countries. Responsible for several acquisitions between 2005 and 2013 which subsequently accounted for 20% of the company’s total revenue. Recognized opportunity and proactively worked on cost reduction of finished products which helped in reducing the overall product cost by over 8%-10%, a significant amount in a GC business of generic pharmaceuticals. This lead to substantial saving in the last five years of US Operations. Responsible for the P&L with a gross revenue of close to CAD100 Million with an EBITA of around two digits millions. Saved up to hundreds of thousands of dollars by identifying business processes which are time consuming and labor intensive. Achieved inventory variance levels as low as 0.02% on inventory valued at over $25M in US. Successfully managed an exponential SKU growth and customer growth. “I worked with Vipul over a three+ year period as President of DDN when he launched Torrent's business in the U.S. His experience in supply chain was unsurpassed and I often sought his advice when DDN faced particularly complex warehousing issues. Vipul has great emotional maturity and strong leadership skills. He rarely gets frustrated, even in the face of very challenging events and is always looking forward toward the fastest and best outcome. While we engaged in sometimes difficult negotiations from time to time, Vipul was always fair, factual and we were always able to agree on mutually acceptable terms. I would unconditionally recommend Vipul and would enjoy working either with or alongside him again.”- Ross Bjella, CEO at Alithias, Inc. “extremely dedicated and detail oriented person who has excellent leadership skills and is a natural problem solver. In addition, he has extremely easy going personality and great people skills which make him a pleasure to work with. He has a vast knowledge of not only the commercial aspects of the pharmaceutical business, IT and SAP but also processes improvement and implementation of innovative ideas”..Dagmar Nelson,Manager, Regulatory Affairs at Torrent Pharma Canada Inc. “Vipul was an integral component of the senior management team that launched Torrent in the U.S. and his contributions have been significant toward Torrent's success. His technical skills and business acumen have served him well at Torrent” Jim Devers, V.P. Of Sales at Torrent Pharma 2 Authored the several procedural instruction manuals. Implemented KPIs / KRAs / Dashboards both for Internal and External customers. Dissected financials of companies in completing the due diligence process of an M&A transaction and prepared financial models to decide the NBO value. Technology Leadership Led the Supply Chain team responsible for implementing SAP in India, Germany, US and Canada. Also worked on developing / implementing several auxiliary software to support effective business operations. Designed and implemented hardware, networking, and software strategies for German and US subsidiaries. Start-up Operations / Multi-unit operations management Vendor sourcing & negotiating & contract management Contract negotiations Procedures development Project planning & management Data & root cause analysis Troubleshooting Change management Team building Sales programs Multimillion-dollar P&L management Sales, product, market analysis Customer relations & satisfaction Production planning strategy Risk management & inventory control World Class Manufacturing processes Global transportation logistics Critical issue resolution Cost analysis & budget planning and control Capital planning & improvement Financial management and reporting Continuous Improvement, Lean Six Sigma, Kaizen, 5S Reduced the personnel head count by over 30 people through various automations.

Overview

34
34
years of professional experience
5
5
Languages

Work History

Vice President, Supply Chain

Sun Pharmaceuticals Industries Inc
Cranbury, New Jersey
04.2022 - 05.2023
  • North America
  • Background information – Sun Pharmaceuticals is world’s 4th largest Generic pharmaceuticals company with over 39000 employees across the globe
  • The North American business is over 1.5 billion
  • Head of Supply Chain for SUN and TARO for North America
  • The role encompasses demand planning, supply planning, materials and production planning for the North American mfg facilities
  • Company has its own 300k sq ft central distribution center in NJ
  • Streamed line the DC operations in 4 months which was a major cause of concern for over 2 years since the company moved the DC operations to DHL
  • Improved Service levels to customers
  • Significant improvements in fill rates
  • The FC accuracy started improving in last 5 months
  • Inventory norms close to the targets for Gx, Brand and OTC product portfolio
  • Self-motivated, with a strong sense of personal responsibility.
  • Skilled at working independently and collaboratively in a team environment.

Chief Operating Officer

Mint Pharmaceuticals Inc
02.2015 - 04.2022

Reporting to the President/CEO. Responsible for Operations which includes Supply Chain, Warehousing, Logistics, Finance, Accounting, IT, Quality, Sourcing and procurement of all direct materials and services Quality Function, Finance and Accounting.

Turned around the company from red to black in less than 2 years and finally lead the company to getting in the elite league of Canada’s Best Managed Companies making Mint Pharmaceuticals Inc to be the first Pharmaceuticals company in Canada to be awarded this coveted award. We successfully retained the title for 3 years in a row and are confident of retaining it in 2021 despite the Global Pandemic and unprecedented times.

Managed the company revenue growth over 5 years CAGR of 21% and Unit CAGR growth of over 30%.
• Steered the company from red to black in less than 2 years and started paying dividends in the last three years. ROE of over 80% in last two FY. P&L Responsibility for $100 million company.
• Developed a comprehensive company wide culture of continuous improvement via implementation of a mix of Lean Management, Six Sigma, Kaizen and 5S. This helped company to reach the finals of Canada'
• Drove organizational process changes, restructuring procurement organization, introducing lean six sigma management concepts and redefining roles and responsibilities to improve operational performance of the Operations Team.
• Designed and implemented SAP in a record time of 95 business days with several automation initiatives leading to reduction in manual work load and bringing operational excellence.
• Designed and implemented cost center concept and budgeting.
• Designed and implemented a Customer Portal integrating independent pharmacies to SAP and providing them seamless information on the product availability, ordering, and commercial information.
• All Fill rates in high 90s
• Reduced DSI and DSO significantly thus impacting the bottom line of the company in this competitive market.
• Introduced visualization processes for managing and improving critical supplier performance.
• Identified cost drivers to improve cost optimization.
• Policy formation, development of new SOPs and WI with respect to the changes imminent due to Change in Business Software.
• Aligned business process to ensure that there are no more disjointed business process and the processes are governed by the ERP system to avoid noncompliance issues

Vice President

Mint Pharmaceuticals Inc.
Mississauga, Ontario
05.2013 - 01.2015
  • Background information - Mint Pharmaceuticals is a Canadian owned and operated company that uses innovative simplicity to deliver global access of high quality, low cost generic pharmaceuticals to the Canadian market
  • Mint’s mission is to be a leading supplier of high quality and affordable generic pharmaceuticals
  • Mint’s focus is on consistent supply, innovation and exceptional customer service
  • Mint is passionate about improving healthcare for all Canadians
  • Www.mintpharmaceuticals.com
  • Reporting to the President/CEO
  • Responsible for Operations which includes Supply Chain, Warehousing, Logistics, Finance
  • Accounting, IT, Quality, Sourcing and procurement of all direct materials and services Quality Function, Finance and Accounting
  • Turned around the company from red to black in less than 2 years and finally lead the company to getting in the elite league of
  • Canada’s Best Managed Companies making Mint Pharmaceuticals Inc to be the first Pharmaceuticals company in Canada to be awarded this coveted award
  • We successfully retained the title for 3 years in a row and are confident of retaining it in 2021 despite the Global Pandemic and unprecedented times
  • Managed the company revenue growth over 5 years CAGR of 21% and Unit CAGR growth of over 30%
  • Steered the company from red to black in less than 2 years and started paying dividends in the last three years
  • ROE of over in last two FY
  • P&L Responsibility for $100 million company
  • Developed a comprehensive company wide culture of continuous improvement via implementation of a mix of Lean
  • Management, Six Sigma, Kaizen and 5S
  • This helped company to reach the finals of Canada'
  • Drove organizational process changes, restructuring procurement organization, introducing lean six sigma management concepts and redefining roles and responsibilities to improve operational performance of the Operations Team
  • Designed and implemented SAP in a record time of 95 business days with several automation initiatives leading to reduction in manual work load and bringing operational excellence
  • Designed and implemented cost center concept and budgeting
  • Designed and implemented a Customer Portal integrating independent pharmacies to SAP and providing them seamless information on the product availability, ordering, and commercial information
  • All Fill rates in high 90s
  • Reduced DSI and DSO significantly thus impacting the bottom line of the company in this competitive market
  • Introduced visualization processes for managing and improving critical supplier performance
  • Identified cost drivers to improve cost optimization
  • Policy formation, development of new SOPs and WI with respect to the changes imminent due to Change in Business
  • Software
  • Aligned business process to ensure that there are no more disjointed business process and the processes are governed by the ERP system to avoid noncompliance issues.

Vice President - Operations

Torrent Pharma Canada Inc and Torrent Pharma US Inc, Torrent, Torrent Pharma Canada
12.2009 - 04.2013
  • Background information about, Pharmaceuticals Ltd - Torrent Pharma is an Indian Pharmaceuticals Mfg
  • Based in
  • Ahmedabad
  • Torrent is a USD520 mi
  • Company with 3 world-class manufacturing facilities and several toll mfg
  • Facilities
  • Torrent’s plants have earned WHO, cGMP, MHRA and TGA, USFDA norms and have received ISO 9001, ISO 14001 and
  • OHSAS 18001 and ISO/IEC- 17025 certifications
  • It has operations in more than 50 countries with ground presence in 13 countries
  • Inc
  • And Torrent Pharma US Inc
  • Are fully owned subsidiaries of Torrent Pharmaceuticals
  • Ltd
  • Www.torrentpharma.com
  • As Vice president of Operations, I brought this organization, which grew from $0 to $220M Gross Revenue in 5 years, up to speed with the best supply chain practices
  • I reduced head count requirement by almost 30 people while reducing product cost by 8% - 10%
  • I was also responsible for the setup of very robust systems, procedures and policies which lays a solid foundation for this growing organization
  • The following are my more detailed accomplishments and responsibilities -
  • Responsible for the Overall North American Subsidiaries, including P&L, finance, commercial, IT and supply chain functions
  • P&L responsibility for USD220 million gross revenue
  • Set up the business process while building relationships with prospective customers
  • Identified cost drivers to improve cost optimization
  • Policy formation, development of SOPs and work instructions for implementation
  • Got the ball rolling for establishing the Supply Chain in USA & Canada
  • Spear headed the SAP B1 Implementation single handedly for the US subsidiary
  • Designed and implemented a warehouse for North American operations
  • Created an inventory management tool that aided in stock-level management between customer and company
  • Successfully and single handedly led a team of IT staff through the integration of EDI
  • Reduced secondary freight cost by developing AddOn software in SAP for online freight shopping
  • POS transaction operations into SAP.

General Manager

Torrent Pharmaceuticals Ltd
11.2007 - 12.2009
  • Supply Chain, Finance and IT – North America
  • As the General Manager of supply chain, finance and IT, I was primarily responsible for setting up the North American operations and establishing a strong basis in the sectors of finance, IT and supply chain for this growing organization
  • The following is a more detailed look at my contributions and responsibilities as General Manager in the given time frame -
  • Developing guidelines and policies with the responsibility for driving strategic Supply Chain Management
  • Responsible for reduction of direct and indirect material costs
  • Coordinate Inventory controls, processes and procedures, establish, maintain and report on inventory related performance measures, monitor inventory turns, analyze slow moving inventory statistics
  • Ensuring total customer satisfaction
  • Led and guided supply chain personnel on business impact and supply market complexity while developing appropriate strategies to ensure applicability, successful implementation and optimization of supply chain systems and successful completion of mission critical projects (i.e
  • EPedigree, SAP)
  • Coached Supply Chain personnel on initiatives to support strategic planning, approve recommendations on the optimal sourcing strategies and ensure high-level buy-in from key stakeholders.
  • Responsible for internal and external stakeholder management
  • Designed and implemented key performance indicators on an on-going basis to keep track of cost, delivery schedule, service level, and overall performance of Supply Chain functions
  • Directed the accounting and finance operations for North American operations
  • Provided significant levels of services to all levels that includes administrative, operational and IT matters concerning financial, budgetary and resource management and operation issues
  • Eliminated more than $500K in annual distribution costs.

General Manager

Torrent Pharmaceuticals Ltd
06.2003 - 10.2007
  • Global Supply Chain Management
  • In my position as the general manager of global supply chain, I operated as Senior Executive with a lead role in strategic planning, project implementation, and execution for distribution network optimization, supply chain policies and procedures
  • I collaborated across the organization with the primary charge of the reduction of fixed cost facilities to a variable cost model, which includedL-managed facilities
  • Distinguished efforts towards in managing the complete supply chain operations in the organization
  • Exhibited competency in: o Monitoring forecast accuracy for products on a monthly basis, especially for new products
  • O Administering production planning & import orders based on demand information gathered
  • O Evaluating service level report results; identifying & resolving issues with plants and customer service
  • O Maintaining appropriate inventory levels to optimize finished product “monthly turns” while controlling costs
  • O Supervising progress against objectives over the year and makes course corrections as necessary
  • Managing distribution system and ensuring timely availability of products across country
  • O Structuring & reviewing existing policy, management of C&F Agents
  • O Assessing warehouse and plant capacity requirements to meet the ongoing business needs
  • O Categorizing opportunities for optimizing supply chain costs/efficiency.

Education

Dangerous Good Handling Certification 1996 Residential Program on Logistics - undefined

2009

Executive Diploma - undefined

2004

Post Graduate. Diploma - Marketing & Sales

1991

Executive Diploma - Marketing

2003

Diploma - Computer Applications

1987

ORACLE 8.0i - undefined

1997

Bachelor of Arts - Economics

1986

Skills

  • CORE COMPETENCIES
  • Strategic Planning
  • Complex Problem-Solving
  • Okrs and KPIs
  • Performance Monitoring
  • Cash Flow and Financial Analysis
  • Performance Monitoring and Evaluation
  • Conflict Resolution
  • Portfolio Management
  • Performance Metrics Analysis
  • Partnerships and Affiliations
  • Trend Identification and Forecasting
  • Articulate Communication
  • Profit Objectives
  • Verbal and Written Communication
  • Quality Control Planning
  • Management Team Leadership
  • Corporate Strategy and Development
  • Leadership and People Development
  • Project Direction
  • Organizational Structure
  • Lead Support Skills
  • Intervention Strategies
  • People and Culture
  • Board Oversight
  • Innovative and Visionary
  • Systems Thinker
  • Executive Leadership
  • Balanced Work Ethic
  • Analytical and Critical Thinker
  • Develop Business Structures
  • Change and Growth Management
  • CORE COMPETENCIES
  • Commercial Litigation
  • Mergers and Acquisitions
  • Approachable and Outgoing
  • Improve Policies
  • P&L Responsibility
  • Adaptable and Flexible
  • Internal Control Systems
  • Employee Motivation and Performance
  • Departmental Coordination
  • Industry Expertise
  • Deal Structuring
  • Operational Analysis
  • Strategize Plans
  • Mentoring
  • Policy and Procedure Development
  • Process Improvement
  • Process Optimization
  • Critical Thinking
  • Rules and Regulations

Accomplishments

  • Effectively managed Change Management issues as a result of BPR, ERP implementations in India and Germany
  • O
  • Formulating plans with the groups and plants to resolve issues
  • O Concluding orders/replenishments and arranging transfers of stocks between various outlets as per the need of business
  • O Interfacing with 3PL/C&F Agents, Distributors, and Field staff
  • O Preparing MIS reports in regard to Sales, Stocks, Short supplies, near expiry products, Non-moving products, return goods etc
  • Management of Transport/Courier, Freight & control distribution expenses
  • O Handling processes & settlement of claims and initiating recovery process
  • O Orchestrating training programs for enhancing skills of the personnel
  • O Ensuring targeted service levels are met (inventory, working capital, etc.) while controlling costs
  • O Setting up annual targets and priorities relating product supply planning.
  • Accountable for integrating the acquired German subsidiary into the parent company and its product production transfer to the parent company for the German Subsidiary.

Work Preference

Work Type

Full TimeContract Work

Location Preference

RemoteHybridOn-Site

Important To Me

Company CultureWork-life balancePersonal development programsFlexible work hoursTeam Building / Company RetreatsCareer advancement

Work Availability

monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Certification

  • [Area of certification] Training - [Timeframe]

Timeline

Vice President, Supply Chain

Sun Pharmaceuticals Industries Inc
04.2022 - 05.2023

Chief Operating Officer

Mint Pharmaceuticals Inc
02.2015 - 04.2022

Vice President

Mint Pharmaceuticals Inc.
05.2013 - 01.2015

Vice President - Operations

Torrent Pharma Canada Inc and Torrent Pharma US Inc, Torrent, Torrent Pharma Canada
12.2009 - 04.2013

General Manager

Torrent Pharmaceuticals Ltd
11.2007 - 12.2009

General Manager

Torrent Pharmaceuticals Ltd
06.2003 - 10.2007

Dangerous Good Handling Certification 1996 Residential Program on Logistics - undefined

Executive Diploma - undefined

Post Graduate. Diploma - Marketing & Sales

Executive Diploma - Marketing

Diploma - Computer Applications

ORACLE 8.0i - undefined

Bachelor of Arts - Economics

Vipul PatelCOO