Chris Diton Email and Phone Number
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Accomplished executive with 23 years of global leadership in the Pharmaceutical, Composite Reinforcements, Building Materials, and Automotive industries with a proven track record of collaboration, creativity, and delivering results. • Strategic Business Transformation: Partnered with executive team to successfully divest non-core business assets, enabling the elimination of $110MM of outstanding indebtedness and repositioning the commercialization efforts for the remaining strategic assets. (OP) • Product Launch: Strategically planned / executed controlled substance quota attainment and subsequently captured 43% market share of the largest generic pharmaceutical product by dollar value in 2017 resulting in over $250MM in year one gross profits. (OP) • Business Unit Collaboration: Led collaboration efforts and project management for generic products RFP and supplier segmentation implementation between the Retail Distribution and Proprietary Brand business units, resulting in; 99.5% in-stock inventory levels, 65% increase in new to product launch business attainment, and $16MM in annual savings in 2015. (HDG)• Customer Segmentation Expansion: Led cross functional core team to analyze potential market scale, develop internal and external business plans, and deliver customized solution resulting in $28MM of incremental revenue at a 50% gross profit margin. (HDG)• Total Gross Profit Increase: Leveraged market intelligence and supplier relationships to strategically shift supplier spend and grow business unit profitability by over 35% or $15MM annually. (HDG)• Organizational Development: Built talent driven procurement team for European businesses; including improving functional efficiencies, headcount right-sizing and increasing functional output. (OC)• Change Management: Led implementation and integration of an external partner for corporate purchases into the functional teams. Improved financial reporting and results by $10MM annually. (OC)• Contract Negotiations: Saved $8MM annually through advanced contract negotiations for one specific international commodity required to produce fiber glass insulation. (OC)• Problem Solving: Reduced annual spend by $7.5MM and improved working capital levels 50% with an overhaul of suppliers for man-made stone business. (OC)• Strategic Planning: Decreased costs $10MM in 2004 by leveraging global capacity and integrating upstream operations into steering wheel manufacturing center in Mexico. (TRW)• Innovation: Reduced commodity related costs by nearly $40MM or 40% for a single vehicle platform. (GM)
Alora Pharmaceuticals, Llc
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Senior Vice President, Trade And Sales OperationsAlora Pharmaceuticals, Llc Apr 2024 - PresentAlpharetta, Georgia, United States -
Vice President - Trade, Account Management, And WarehousingAlora Pharmaceuticals, Llc Aug 2021 - Apr 2024Alpharetta, Georgia, United States -
Vice President, Commercial OperationsOsmotica Pharmaceutical Corp. Aug 2015 - Aug 2021Bridgewater, New JerseyLed both Supply Chain and Customer Account teams (20 employees across Procurement, Warehouse / Distribution, Customer Service, Trade, and National Accounts) for all branded and generic products covering 90+ NDCs across evolving therapeutic areas. Accountable for external partner relationships, value creation, and overall P&L responsibilities for legacy businesses and portions of additional strategic assets. • Led product portfolio development and life cycle management by partnering cross functionally to access product; external / internal business development opportunities and associated project management, launch strategy objectives and requirements, channel inventory flow and overall health, trending market share, and gross to net / profitability.• Strategically positioned products with partner customers to minimize product churn and competitive disruption while maximizing profitability, efficiencies, and channel placement impacts. • Negotiated major customer and supplier agreements across all products, including international externally manufactured products, for US market branded and generic product sales and distribution. • Partnered with Quality, Regulatory, and Warehouse teams to find the most efficient and productive path forward regarding matters concerning the FDA and DEA, including; facility audits, product development and stability discussions, controlled substance quota needs, and customer opioid / controlled substance order monitoring. -
Vice President, Supplier RelationsThe Harvard Drug Group Oct 2012 - Aug 2015Livonia, MiLed both Sourcing and cross functional team responsibilities for all branded, generic, OTC, veterinary and medical products covering over 5,000 unique products into various retail focused sales channels totaling $350MM in annual sales. Annual results have exceeded over 30% in profit maximization and customer base growth. • Led strategic product portfolio management to; optimize generic drug spend, minimize product disruptions, consolidate supplier base, determine inventory reinvestment strategy, and renegotiate supplier agreements.• Partnered with functional leads of Sales, Pricing, Finance, and Supply Chain to elevate top line revenue by 25% in 2015 by delivering several key business strategies, including; market speculation purchases, pricing process discipline, warehouse location transfer, web based ordering portal, customer value creation initiatives, new customer acquisition programs, and enhanced Sales Representative processes.• Leveraged myriad of external market intelligence to champion a corporate supplier segmentation tool and deliver multiple value streams in an extremely volatile and commodity driven market place.• Reinvented near expiry product end-to-end strategy to raise both monthly net sales and profitability over 100% compared to historical levels at $1.9MM and $1.2MM respectfully. -
European Sourcing LeaderOwens Corning Fiberglas Feb 2012 - Sep 2012Chambéry Area, FranceLed all functional responsibilities for European glass composites business, including; a team of 30 Sourcing and Continuous Improvement professionals, across 12 facilities, in 7 different countries, and 275MM € in annual spend.• Partnered with functional leaders on regional asset restructuring plan in support of economic concerns which included; shutting down 3 manufacturing facilities, complete manufacturing overhauls at 3 others, liability minimization, effective supplier planning / communications, and internal / external change management.• Leveraged the economic crisis of the region to develop 5MM € of incremental economic benefit in 2012; partnering with our suppliers and manufacturing resources to deliver the ideas and drive execution.• Led functional restructuring efforts to increase the amount of strategic sourcing output while leveraging resources across multiple countries and reducing the amount of transactional inefficiencies.• Partnered with regional and global functional leaders on short and long-term strategy planning and budget development. -
Senior Sourcing Leader, Indirect Services - Corporate Global SourcingOwens Corning Sep 2010 - Jan 2012Toledo, Ohio AreaLed Sourcing team of 12 (including outsourced procurement provider), responsible for $350MM in annual spend supporting; Human Resources, Marketing, Legal, Travel, Financial services, as well as MRO products and services to deliver $20MM in hard dollar annualized savings.• Cut travel expenses 10% with overhaul of corporate travel program. New contracts negotiated for all travel related activities. Created new travel policies and procedures, motivating greater employee compliance.• Partnered with functional leaders on short and long-term strategy planning and budget development. Provided strategic direction for European and Asian teams for an additional $70MM in annual spend.• Enhanced national agreements and provide strategic MRO commodity direction for 60 NA facilities.• Led process excellence for the Global Sourcing organization to drive category strategy development and improve purchasing transactional efficiencies through global sourcing standards, including deployment of new SAP platform.• Designed and executed Global Sourcing’s supplier management system to effectively cultivate supplier partnerships and manage global performance. Created company's inaugural supplier recognition event. -
Senior Sourcing Leader, Minerals And Chemicals - Building Materials GroupOwens Corning Apr 2009 - Aug 2010Toledo, Ohio AreaLed Sourcing team of 10 employees responsible for $460MM in annual spend for the NA Insulation, Roofing and Masonry Products businesses and for non-precious metal alloys. Led Global Minerals commodity team. Grew and developed strategic and tactical sourcing talent, delivered $30MM in annual hard dollar savings, and $4.4MM in working capital improvement.• Renegotiated several key commodity agreements with international companies in order to create long-term value and risk mitigation as well as to leverage the launch of new Insulation product development. • Partnered with Human Resources to institutionalize talent development and performance management. • Execution arm for Global Sourcing’s operating model organizational development and deployment. -
Business Unit Sourcing Leader, Direct Materials And Mro Products/Services - Masonry ProductsOwens Corning Jul 2006 - Apr 2009Toledo, Ohio AreaLed all Sourcing activities for the global business unit, including the support of 7 facilities and 11 employees. Build a talent-rich Sourcing organization, delivered 20% overall productivity improvement ($30MM) and 15% ($4MM) working capital improvement, and led Global Sourcing transactional excellence process.• Renegotiated every key commodity agreement in support of product line redesign. This was necessary in order to cut costs dramatically and reduce single source risks. • Partnered with business unit leadership to drive strategy development, implementation and execution.• Led SOX controls required for Procure to Pay cycle policies and procedures for the entire organization. -
Senior Commodity Leader, Packaging And Direct Materials - Insulating Systems BusinessOwens Corning Sep 2004 - Jul 2006Toledo, Ohio AreaEngaged and empowered sourcing of 5 team to deliver and exceed on team goals; including achieving 5% productivity improvement ($7.5MM), appropriate inventory levels and waste elimination related activities.• Developed team talent, leading to four team members being promoted within the broader organization. • Drove use of e-sourcing tools, low cost country supply, supplier management and other Sourcing best practices in relentless pursuit of raising the bar on team performance.• Supported strategic planning process for Insulation business segments short and long term goals. Calibrated those goals with the Global Packaging commodity team and led commodity strategy development and implementation across the business units. • Supported strategic planning process for Insulation business segments short and long term goals. -
Commodity Manager, Textiles - Occupant Systems Safety PurchasingTrw Jan 2003 - Sep 2004Washington, MiManaged source selection, supplier year-over-year productivity and on-going Purchasing responsibilities. Drove global commodity strategy development and implementation between participating regions, including; low cost country development, new product development and value management activities.• Initiated and led 20% cost reduction ($10MM) measures for in-house leather assembly manufacturing. • Guided negotiations between tiered suppliers in order to achieve breakthrough benchmark pricing. -
Senior Buyer, Seats, Seat Belts, Steering Wheels And Airbags - World Wide PurchasingGeneral Motors Nov 1999 - Jan 2003Pontiac, MiDiscovered cost reduction opportunities based on product cost analysis and communization techniques totaling $21.3MM (or 7.6% of annual purchase value) in 2002 and $18.6MM going into 2003.• Partnered in negotiations for current and future vehicle programs with global supply base. Leveraged worldwide commodity teams, global benchmarking and e-auctions tools. • Managed engineering changes to products by meeting capacity, timing and validation requirements. -
Platform Coordinator, Commercial Trucks Vehicle Development - World Wide PurchasingGeneral Motors Jan 1999 - Nov 1999•Monitor and facilitate vehicle line quality approval attainment for supplier materials•Present status of supplier quality approval and Purchasing throughput to program teams•Support vehicle launches at various assembly plants by ensuring 100% part availability
Chris Diton Skills
Chris Diton Education Details
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Supply Chain Management
Frequently Asked Questions about Chris Diton
What company does Chris Diton work for?
Chris Diton works for Alora Pharmaceuticals, Llc
What is Chris Diton's role at the current company?
Chris Diton's current role is Senior Vice President, Trade and Sales Operations at Alora Pharmaceuticals, LLC.
What is Chris Diton's email address?
Chris Diton's email address is cd****@****lab.com
What is Chris Diton's direct phone number?
Chris Diton's direct phone number is +124842*****
What schools did Chris Diton attend?
Chris Diton attended Michigan State University.
What are some of Chris Diton's interests?
Chris Diton has interest in Football, Collecting Antiques, Exercise, Sweepstakes, Home Improvement, Reading, Sports, Watching Basketball, The Arts, Golf.
What skills is Chris Diton known for?
Chris Diton has skills like Strategic Sourcing, Cross Functional Team Leadership, Supply Chain, Supply Management, Procurement, Process Improvement, Global Sourcing, Continuous Improvement, Strategic Planning, Strategy, Purchasing, Supply Chain Management.
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