Prateek Parakh leads the Solutions4Business Inc. Consulting Team and is responsible for the Vision and Strategy for the firm. Mr Parakh expertise spans Supply Chain processes and Systems Implementation with particular focus in Mergers and Acquisitions, Strategy Development and Deployment, Business Continuation, Risk Management, Supply Network Design, Resource Planning, Supply Chain Strategy, Program Management, Organization Structure Design, Cost Reduction Initiatives, Process Improvement and Resource Education. He is responsible for setting up the PMOs and Steering Teams, Risk Management Structure, Account Management and Delivery Management.
Over the years, Mr Parakh has been responsible for deploying teams to manage critical master data and drive up business usage of the system. Strong co-relation with service improvements, provide visibility and support needed to impact the underlying drivers of business waste, significantly enhanced responsiveness especially where excessive demand volatility and fast track innovations is the norm. He has also managed large scale system integration from strategy development, project planning, project execution and hand-off to business. His most current innovation is in the space of supply chain audits, where he has built a nine step audit engagement plan and five step audit framework to identify systems and process departures from management approved strategy and work with business teams to apply changes to get business processes and systems aligned with strategy.
Mr Parakh has also brought innovation in continuing education space with a proprietary six step training development and delivery strategy that has been embraced by company’s clients. A unique strategy for an on boarding and training framework, bit size learning on activities that matter most for the client personnel. A focused program that can take new hires and turn them into expert users of the systems in a short time span delivering a significantly higher ROI. Business users can understand the basics of the business processes that exist in the company to be able to function and then take laddered approach to gain more in-depth knowledge in the business processes that they deal with on day-to-day basis. Structured approach based on the philosophy that concepts should be first and foremost, then processes and procedures and finally systems that support the execution of activities. Mr Parakh has also created an innovative Lean S&OP model combining the principles of Lean and S&OP, a unique approach that provides marked efficiency increase in operations planning and execution. Mr Parakh is also certified instructor from APICS and has trained users on variety of core supply and demand chain principles.