Archit Parmanand Email & Phone Number

Cambridge, Ma, Us

New Haven, Ct, Us

Startup/NewCo development and strategy

New Haven, Ct, Us

Us

Site level management of strategy development and transformation projects. Increased focus on leadership of firm knowledge development projects and firm business development opportunities - Deep experience in biotech/pharma operations strategy, operational excellence, process improvement and program transformations- Transformed operations of PE backed advanced industry company, enabling seamless 24/7/365 operations, to support bioprocess market entry and guiding corporate strategy- Led financial performance analysis for post-merger medtech company, using financial analytics to identify and create the implementation strategy for $5M+ in bottom-line growth opportunities- Led biopharma M&A market analysis and insights generation for McKinsey's Life Science M&A service line, enabling rapid presentation of initial deal diligence information to senior firm leadership, building the firm's understanding of tuck-in deals, and spurring $15M in new business- Crafted operations strategy for a Private Equity portfolio company, managing a team of four to identify $2M and 10K+ FTE Hours of run rate savings- Redeveloped McKinsey’s NA Life Science Operation's client prioritization process, reshaping program strategy and enabling data-backed decision-making and improved resourcing- Optimized biotechnology venture capital outreach program strategy, integrating diverse service offerings into a centralized source of guidance, increasing outreach traction and decreasing time to impact of new studies- Developed and published firm guidance on medical device regulatory best practices including guidelines for 510k submission, process optimization, and FDA communication guidance

Us

Continued excellence in strategy development, transformation implementation, and operational excellence projects across the life sciences- Crafted acceleration strategy and implementation roadmap for small molecule and ADC drug development, leveraging new technologies and innovative process optimizations to yield $5M+ in run rate savings and an over 15 months reduction in development timelines- Developed backbone for Life Science M&A client service opportunity identification program including playbook creation for identification of competitive advantages, pipeline trends, and asset strategy insights- Revamped direct spend consolidation program strategy for a top lab equipment manufacturer, uncovering $15M in annual cost savings and streamlining timeline for bid processes by 15%- Led development of two major new-client proposals in AgTech and Biopharma manufacturing, managing cross-functional internal teams to create day-one hypothesis and deliver client-winning proposals

Us

High impact strategy consultant focused on strategy development across the Life Science and Advanced Manufacturing Industries- Developed and implemented client plant performance improvement program, creating analytical tools and operating model governance that boosted plant performance by 10%- Developed digital operations and governance model for a top 10 PharmaCo, leading to the formation of the company’s first ML/AI group- Developed and implemented plant wide performance management program, enabling a 5% OEE increase and 5k+ hours of FTE time savings- Built critical analytical tools that cut client’s process downtime identification and remediation by 75% and boosted plant performance by 10%- Created reporting automation tools enabling 1k+ hours in quality and process FTE savings- Enhanced McKinsey campus recruiting operations FTE effectivity by 10% by identifying and automating repetitive data analysis tasks

Morrisville, North Carolina, Us

Further excellence in CQV project/program strategy and execution with increased exposure to business development and people leadership and mentorship- Spearheaded facility and equipment commissioning of $80M facility for a leading CGT and microbiome startup, enabling critical funding release and first batch manufacturing- Led time-sensitive decommissioning and CQV project, enabling COVID-19 vaccine production ramp up for major mRNA Vaccine supplier- Secured client FDA pre-approval with streamlined equipment commissioning, saving $4M in potential delays

Morrisville, North Carolina, Us

Creating program strategy for and managing execution of mission critical CQV projects across life science and biopharma companies- Led critical pre-audit inspection enabling CQV project for a leading viral vector CDMO, leveraging process optimizations to deliver the project 10% ahead of schedule and 15% under budget- Developed manufacturing infrastructure commissioning strategy of greenfield 140k sq. ft. site for leading CGT biotech incubator- Devised project reporting tools for a 10-consultant engineering team, reducing process time by 40% & reclaiming 5% budget- Developed resource allocation tools to minimize over-utilization, rebalance workload and curtail engineer burnout

Burlington, Ma, Us

Continued excellence in project management of raw material validations with increased supplier side interaction and project impact.- Led multiple concurrent raw material overhauls, spearheading cross-function and international teams to ensure uninterrupted production of key vaccine manufacturing equipment worth $1.2B+ in annual revenue and drive more than 300k in annual materials savings- Spearheaded cross-functional, international team to plug $10M product testing gap, driving $300k annual materials savings and avoiding material run-out

Burlington, Ma, Us

Management and development of Raw Material Validations for use in FDA and ISO regulated bioprocess and medical devices- Averted $100M revenue loss and 5-week production halt by coordinating and executing critical raw material changes during an international shortage- Bolstered $40M product streams by forging stronger global supply chain partnerships, ensuring material consistency- Streamlined process analysis time by 75% by developing and implementing novel analysis automation tools and models

Putnam, Ct, Us

Worked with the Foster Delivery Science team to accomplish a variety of goals:- Redesigned the finished material labeling process to improve overall quality and reliability of produced labels- Redesigned material winder tensioning mechanism to better handle material.- Implimented numerous tracking and material information documents for produced products.- Worked with Quality personnel to better impliment timed event tracking methods- Rewrote numerous SOP's to better impliment Foster's Good Manufacturing Practices.

Grove instruments Inc. is a pre-market medical device company developing the first noninvasive glucometer with the potential to exceed the ISO standard for blood glucose sensors.- Intern focused on running clinical tests and gathering data for use in Grove Instruments projects.- Perform study procedures such as blood pressure, heart rate, weight, height, conventional blood glucose measurements and noninvasive blood glucose measurements.- Design and conduct engineering processes and projects for use in Grove Instrument devices.- Responsible for identifying 10 sets of distributed feedback laser diodes for use in next generation devices.- Responsible for LabVIEW automation of testing for laser diodes and device data- Collaborate with clinicians, design engineers, upper management, and fellow interns to ensure successful development.

Hartford, Ct, Us

Worked on Entry of New Borns into Audiology Database. Also was able to shadow physicians and health care professionals during their daily activities which included rounds, scrubbing up and open heart Cardiopulmonary Bypass.

Volunteered in the Emergency Department pre-registering patients, providing patient and lab material transport, and job shadowing of ED physicians.

Master Of Business Administration - Mba

Bachelor Of Science - Bs, Biomedical/Medical Engineering

High School, Science, Technology, Engineering