Paul Princiotto

Lead supply chain planning for 30+ global warehouses in Europe, Latin America, Asia, Pacific, and North America. Create contingency supplier and dynamic reallocation plans to meet minimum order quantities in the event of constrained capacity. Plan inventory and execute procurement/production orders against a time-phased demand forecast. Train and develop staff of planners and analysts to utilize quality and continuous improvement methodologies to optimize responsiveness and profit. -Selected by the Chief Supply Chain Officer in 2023 to lead a three-year project to develop and implement world-class demand and production planning that will drive efficiency and transform the supply chain from a cost center to a core corporate competency -Promoted to manage supply planning and analysis for the Sports Action and Franchise Brand categories, a portfolio of brands totaling $900M+ annual revenue annually -Added responsibility to handle inventory planning for the Disney brand partnership (most notably Star Wars) while retaining oversight of Hasbro core brands such as My Little Pony, Littlest Pet Shop, and Transformers -Led the evolution of planning from a model that reacted to decisions made by Marketing and Product to play a more proactive role as part of the initial product concept and design stages -Represented Global Planning in 2014 on the team that designed and implemented a centralized supply chain planning and procurement process and organization that has saved $2M+ annually in operational efficiencies while improving service levels to 97% -Represented the NERF brand on a team that created a global production cancellation process that saved $10M+ for the NERF brand alone by more fluidly reallocating funds from those canceled orders and avoiding scrapped material -Partnered on the creation of a procedure to reallocate finished goods among 30 markets to fulfill forecasts vs. initiating more production. The initiative has saved >$20M a year across all brands

-Developed inventory management strategies that accounted for worldwide demand plans, ratio management, tooling capacities, and global allocation. -Monitored development milestones, production planning, materials and production authorizations, and key demand fluctuations to forecast impact on the operation supply plan. -Ensured availability of internal and external warehousing and transportation capacity to cost effectively handle materials and products. -Identified product development risks and negotiated with plants to develop service options. -Provided key analysis to Global Brand and Regional Marketing to mitigate gaps and anomalies impacting supply chain and brand plan financial objectives -Expanded oversight from the US-only to 30 markets globally; grew the planning staff from 8 to 26 to accommodate the additional demand -Led the department’s assessment, selection, and eventual installation of SAP Integrated Business Planning for Supply Chain (SAP IBP) in 2012 to provide more robust supply chain analytics, what-if simulations, and alerts to stay ahead of change and improve responsiveness

Optimized inventory management for the television category via analysis of sales trends, inventory levels, market dynamics, and forecasted demand. Managed relationships with outside vendors and cross functional internal teams (operations, marketing, and procurement). Prepared detailed reports for senior management. -Promoted to buyer for projection televisions, DVD players, software, and gaming consoles in 2007, shortly before the chain filed for bankruptcy. Negotiated vendor programs including pricing, terms, co-op advertising, volume rebates, marketing discretionary funds (MDF), and training funds -Maximized profit margin by allocating merchandise to appropriate distribution centers -Continuously updated vendor replenishment programs to maximize sales and minimize out of stocks -Selected, trained, and managed an inventory specialist