Shaistha Shireen
Bangalore
Summary
Strategic inventory management professional with over 6 years of expertise in Inventory Cost and Control, renowned for driving transformative change and delivering significant cost savings. Recognized Subject Matter Expert in enhancing Forecast Accuracy and implementing Proactive Procurement Strategies. Proficient in process optimization, cultivating robust supplier relations, and spearheading automation initiatives to improve operational efficiency.
Overview
6
6
years of professional experience
1
1
Certification
Work History
Lead - Stock Management
Tesco Business Solutions
Bengaluru
09.2024 - Current
- Streamlined operations to meet SLAs and KPIs, maintaining exemplary performance and efficiency
- Conducted extensive analysis and projected stock levels based on program modifications, optimizing inventory management and minimizing surplus stock
- Led continuous improvement efforts by implementing a Dashboard to monitor stock levels, forecast accuracy, and work load management fostering team innovation
- Strengthened supplier compliance and performance by providing necessary process training.
- Analyzed team's skill sets to identify areas of improvement and organized technical trainings to address gaps.
- Resolved supplier submission issues, ensuring data quality and reliability through investigation, root cause analysis, and implementation of corrective actions.
Senior Associate - Stock Management
Tesco Business Solutions
Bengaluru
11.2022 - 09.2024
- Led Finance Forecast transition from UK to India and achieved 98.9% accuracy in just 3 months.
- Capitalized on improved forecasting accuracy and proactive procurement strategies to achieve significant cost savings of £740,000 despite volatile market changes on long lead equipment.
- Meticulously created process maps to streamline operations, leading to a cost reduction of £328,000.
- Optimized inventory management by identifying opportunities to reallocate £219,000 stock to alternative stores, ensuring maximum value and avoiding storage costs.
Associate - Property Stock Management
Tesco Business Services
Bengaluru
07.2021 - 11.2022
- Conducted detailed analyses to pinpoint reasons for supplier non-compliance, established protocols to tackle issues leading to a 35.2% boost in supplier adherence
- Drove the automation of numerous manual reports and successfully implemented the ticketing tool (Zendesk) for Property Stock Management, resulting in a 0.75 FTE advantage.
- Managed and maintained a £60+ Million stock database of procured and supplied goods with 100% accuracy. Real-time visibility into inventory levels and movements across 50+ suppliers was ensured.
- Ensured regular finance reconciliations to verify accuracy and integrity of stock data, identifying and resolving discrepancies promptly.
Associate Procurement Ops
Tesco
Bengaluru
12.2020 - 07.2021
- Aligned internal requests with Oracle Fusion to raise orders precisely, minimizing project delays and disruptions
- Developed and upheld templates to standardize process of raising purchase orders, and trained Quantity Surveyors and Project Managers to ensure consistent utilization
- Consolidated Contract Purchase Agreements (CPA) by identifying inactive/unused purchase agreements across the business.
- Ensured accurate receipting of purchase orders, facilitating timely supplier payments in compliance with financial policies.
Planning Executive
Wipro Consumer Care & Lighting
Bengaluru
07.2019 - 12.2020
- Ensured seamless communication and coordination with vendors by drafting project-related documents (PRD) for various verticals including Emerging Markets, E-Commerce, Government, and Metro Orders.
- Managed portfolio of 1000+ SKUs for raw materials, semi-finished, and finished products, optimizing inventory levels and ensuring availability on SAP
- Identified cost-saving opportunities and achieved 2 lakh INR savings in freight costs through strong negotiation skills
- Collaboratively determined the final purchase orders with vendor commercial teams to achieve competitive pricing and profitability.
Commercial Executive
Wipro Consumer Care & Lighting
Bengaluru
06.2018 - 07.2019
- Executed flawless purchase order processes, seamlessly navigating inbound delivery intricacies and Goods Receipt Note (GRN) protocols in SAP, ensuring uninterrupted procurement and inventory flow
- Mastered various SAP transaction codes, such as VA01 (sales orders) and ME29N (purchase order releases), to facilitate seamless and precise data transactions.
Education
Bachelor of Engineering - Electrical and Electronics
CMR Institute of Technology
Bengaluru, IndiaDiploma - Electrical and Electronics Engineering
S J (Govt) Polytechnic
Bengaluru, IndiaSkills
- Project Management and Transition Expertise
- Cost Management, Forecasting and Demand Planning
- Procurement, Vendor Negotiation and Purchase Order Management
- Data Analysis, Risk Management and Contract Management
- Continuous Improvement, Training and Process Optimization
- Effective Communication and Stakeholder Management
- Supply Chain Coordination, FIFO Stocking and Performance Improvement
Accomplishments
- Awarded Subject Matter Expert of the year in 2023
- Consistently achieved a performance rating of Exceeded/Outstanding for 3 Years
- Recognized with multiple Value Awards
- Part of the winning Team in the Strategy Planning workshop
- Drove function wide engagement and awareness of the Business Strategy
Certification
- BQF Lean Associate
- Inventory Management and Control
- Supply Chain Management
- Data Analysis Bootcamp
Timeline
Lead - Stock Management
Tesco Business Solutions
09.2024 - Current
Senior Associate - Stock Management
Tesco Business Solutions
11.2022 - 09.2024
Associate - Property Stock Management
Tesco Business Services
07.2021 - 11.2022
Associate Procurement Ops
Tesco
12.2020 - 07.2021
Planning Executive
Wipro Consumer Care & Lighting
07.2019 - 12.2020
Commercial Executive
Wipro Consumer Care & Lighting
06.2018 - 07.2019
Bachelor of Engineering - Electrical and Electronics
CMR Institute of Technology
Diploma - Electrical and Electronics Engineering
S J (Govt) Polytechnic
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