"Jam Breeding Machine" can be used to make Tokens for Tributes. However, "Jam Breeding Machine" will need to be played after playing the "Panther Warrior" since a condition of "Jam Breeding Machine" states that the player cannot Summon other monsters.
"Scapegoat" is another effective way of generating Tokens for "Panther Warrior".
"Skill Drain" can be used, so this card can attack without Tributing a monster.
Remember that it doesn't needed to attack at all. It can be leaved there in Attack Position to defend your Life Points.
If a monster is Flip Summoned with a flip effect, chances are it's a monster with low ATK, which could open your Life Points to heavy damage on the next turn. "Panther Warrior" can conduct the flip effect, eliminate your weak point, and gain a strong attack into the bargain.
Among the Level 4 high ATK monsters, this card has plenty of DEF as well. Use "Wild Nature's Release" to take advantage of this.
Just make sure there is a defense or restorative card (e.g. "Beast Soul Swap") ready, as this move will cost two monsters.
This card can be used for removing "Ojama Tokens" or any other monster that is only taking up space.
A good way to get this card out of your Deck is by using "Soul Rope" since it's a Level 4 monster.
Take control of an opponent's monster with effects like "Number 34: Terror-Byte" and have "Panther Warrior" Tribute it to attack, thereby eliminating the opponent's monster and getting almost a free attack.
Use this card alongside Pendulum Monsters to send them to the Extra Deck for easily-replenishable Tribute fodder.
This card alongside "Gusto Falco" and "Gusto Gulldo" can be used to activate their effects. Unlike most effects that include a Cost which cause "Falco" and "Gulldo" to miss timing, there is no interruption with "Panther Warrior" since it doesn't need to declare an attack after it Tributes for its effect.