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Well respected consultant with a wide range of experience. Provides Financial, Supply Chain and Risk Management advisory services to investors and businesses ranging in size from small preclinical pharma/biotech companies to large multi nationals. Prior to consulting, led financial and operational organizations in Life Sciences and Technology companies. Small-business owner with full P&L responsibility. In addition to traditional Supply Chain support, Supply Chain Optimization also provides clients with other services including risk mitigation and Good Supply Practice (GSP) guidance and implementation support from authors of the GSP.Specialties:• Due diligence of acquisition targets and post-acquisition supportGlobal Supply Chain Risk Assessment & Mitigation• Supply Chain Best Practices benchmarking and implementation• Systems assessment, selection, implementation and guidance• Cross functional goal alignment• Operational Resilience • Profitability assessments• Commercialization strategies• Supply Chain Transformation• Process improvements
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PrincipalSupply Chain OptimizationMedia, Pa, Us -
MentorScore Mentors Chester & Delaware Counties Jun 2024 - PresentSCORE is the largest network of volunteer business experts. Mentors offer their time, insight, guidance and skill to help small businesses and nonprofits get off the ground, grow and achieve their goals. -
PrincipalSupply Chain Optimization 2009 - PresentGreater PhiladelphiaProvide practical and sustainable solutions with implementation and ongoing support when needed. Developed unique and innovative approaches to achieve client success. • M&A due diligence• Due Diligence and Structured Assessments for -Supply Chain-Product/company acquisition-Profitability and product costing-ERP selection, implementation and usage• Supply Chain Risk Assessment & Mitigation process to identify, quantify and analyze opportunities and risks• Risk based Supply Chain transformation to gain competitive advantageCo-Leader of joint FDA/ Xavier/ Life Sciences Industry initiative developing Good Supply Practices (GSP) for medical devices and pharma/biotech.Provide guidance and support to clients:• Comprehensive assessment process to identify, quantify and analyze opportunities and risks, and to provide prioritized recommendations and support for quick hits and long-term improvements • GSP education and training • GSP implementation support -
Finance & OperationsSandcrafters 2016 - PresentGreater PhiladelphiaResponsible for financial and operational activities of a family distribution business. SandCrafters is the exclusive provider of the manual pour version of Pucker Powder Candy Art seen in major amusement parks and candy stores. Sand Art with a twist… it’s edible! As much fun to make as it is to eat! Each color is a unique flavor — some sweet, some sour! Layer the different flavors and colors into a clear plastic tube to create an edible masterpiece. This engaging, hands-on activity is enjoyed by kids from 4 to 104! It’s popular with all school levels – even high school and college! -
Supply Chain And Risk Management ConsultantMarsh (Formerly Jlt/Core Risks) Jan 2009 - Dec 2020Provide a broad range of Supply Chain and Risk Mitigation services to clients. Combine best practices with practical, custom-tailored solutions to resolve challenges, reduce costs, manage risks, leverage talent and provide lasting benefit. Develop and maintain robust Supply Chain practices, globally and locally, for sustainable, measurable business improvements. Focused on quality, compliance, safety, service, sustainability, total cost of ownership, and speed to market. Developed unique and innovative approaches to:• Global Supply Chain Risk Assessment & Mitigation• Cross-functional goal alignment• Comprehensive assessment process to identify, quantify and analyze opportunities and risks, and to provide prioritized recommendations and support for quick hits and long-term improvements• Flexible approach for culture changes and for developing individuals to “earn the right to sit at the table”Other services include:• Benchmarking and implementation of Supply Chain Best Practices: Comprehensive gap analysis and development of practical strategies to incorporate needed Supply Chain best practices into the organization • Enterprise Sourcing Strategies for direct materials and indirect goods and services• Standardization, rationalization and consolidation of materials, methods, services, and suppliers.• Support with the assessment, identification and implementation of ERP, MRP, VMI, and e-procurement solutions that are tailored to the unique needs of the organization.Co-Leader of joint Xavier/FDA/Industry Life Sciences initiative developing Good Supply Practices (GSP) for medical devices and pharma/biotech. Participants represent 35 Life Science firms ranging from small, private businesses to large multinationals.
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Vice President, Strategic Sourcing, Procurement And Third Party ManufacturingWatson Pharmaceuticals 2002 - 2009Built a centralized Sourcing, Procurement and Planning organization focused on compliance, customer needs, and total cost of ownership. Implemented a global sourcing strategy for API’s, standardization and supplier rationalization program, negotiation training and strategies, SAP R3 ERP, metrics to track Key Performance Indicators (KPI’s), and policies and procedures, including a Corporate Purchasing Policy. -
OwnerMri 2000 - 2002Established recruiting business. Placed candidates in positions from entry level to President.
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Director, Supply Chain PlanningAventis, Formerly Rhone-Poulenc Rorer (Rpr) 1996 - 2000Led Master Scheduling, oversight of outsourced suppliers for finished products and contract manufacturing, global allocation of products in short supply, Project Management, and resolution of global Supply Chain Management issues, in support of $1.2 Billion annual U.S. pharmaceutical sales. • Initiated and implemented process improvements, which improved customer service levels while reducing Weeks of Inventory by 35%.• Oversaw implementation of Enterprise Resource Planning (ERP) system, including Vendor Managed Inventory (VMI), Advanced Planning System, and Factory Planner that improved efficiency and visibility of orders.
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Previous ExperienceVarious Technology & Life Science Companies 1980 - 1996VariousVarious MATERIALS MANAGEMENT positions up to and including Materials ManagerVarious FINANCE positions up to and including Division Head of Finance
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Frequently Asked Questions about Jack Solomon
What company does Jack Solomon work for?
Jack Solomon works for Supply Chain Optimization
What is Jack Solomon's role at the current company?
Jack Solomon's current role is Principal.
What is Jack Solomon's email address?
Jack Solomon's email address is js****@****ers.com
What is Jack Solomon's direct phone number?
Jack Solomon's direct phone number is +161052*****
What schools did Jack Solomon attend?
Jack Solomon attended Rutgers, The State University Of New Jersey-Newark, The Ohio State University.
What skills is Jack Solomon known for?
Jack Solomon has skills like Cross Functional Team Leadership, Supply Chain, Pharmaceutical Industry, Supply Chain Management, Process Improvement, Fda, Strategic Sourcing, Gmp, Outsourcing, Strategic Planning, Global Sourcing, Business Process Improvement.
Who are Jack Solomon's colleagues?
Jack Solomon's colleagues are John C. Packer, Robert Wingerter, Roger Fleming.
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Jack Solomon
Director Of Instruction, Compliance, And Partnerships At Lakewood UniversityCleveland, Oh2 +157173XXXXX
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