NADDI YADAGIRI
Loss Prevention/Inventory Control
Nacharam, Hyderabad
Summary
Over 16 years and 9 months of hands-on experience in directly assisting companies in the safety and protection of their assets and merchandise. Successfully performs surveillance activities through patrolling and video systems. Active and driven, known for making perfect decisions under pressure. Proficient in the detection and apprehension of external thefts, investigating fraud, and recovering stolen items.
Overview
1
1
Language
2027
2027
years of professional experience
Work History
Asst Manager
Reliance Retail ltd, SLP
08.2018 - 04.2021
Asst Manager
Reliance retails Ltd
08.2018 - 04.2021
- Extensively Trained and Experienced in investigations and evidence collection
- Handling 20 stores in the Hyderabad region consists of different formats like Reliance Fresh, Reliance Trends, Reliance Jewelry, Reliance Footprint & Reliance Digital
- Responsible for deployment of Security to Stores and Training them on a periodic basis
- Planning and Scheduling Fire training and mock drills to Store Staff & security
- Maintain documentation or reports on Inventory management and Shrink Analysis
- Maintaining Area Shrink under norms
- Conduct monthly operation performance review audits & different audits to identify hygiene and performance
- Recommended improved processes & Action plans to reduce shrink & risk exposure
- Visiting and monitoring NSO Stores on a weekly basis and ensuring smooth launch of stores
- Planning and conducting periodic inventory audits, and cycle counts to understand Store Shrinkage.
Commercial Executive
01.2009
- Version)
- Monthly wise auditing in the warehouse to give the exact reports to the Team head regarding the status
- Solving the issues in the stores if any inventory issues arise
- Weekly reports regarding updating status in the stores
- Tally of Physical stock and Head Office System Stock
- Verification of inter-branch transactions
- Financial Year Ending Process as on preparing books and updating each and every status with Business Associate
- Verification of price variances of stock damaged stock & expire stocks
- Verification of Cash counter Opening and sales transactions as well as cash book
- System Auditing (Key Tasks):
- Refund bills Verification
- Void bills Verification
- Suspended bills verification
- Cancel bills verification
- Price override bills verification
Executive
Vah Magna Retail Pvt Ltd
12.2006 - 04.2009
Inventory Executive
Retail Pvt Ltd
12.2006 - 04.2009
- Physical verification of cash at branches
- Verification of delivery Chillan & GRN (inward &out ward books)
- Verification of cashbook &credit sales
- Verification of direct purchase bills
- Verification of direct purchase bills at head office
- Verification of inter-branch transactions
- Physical verification of stock, compared with books
- Verification of price variances of stock damaged stock & expire stocks
- Verification of physical stocktaking at various outlets
- Cash Verification:
- Cash Counter Opening balance & sales, Closing balance verification
- Main cash book verification
- Petty cash expenses compared with evidence vouchers
- Bank Deposit slips verification
- Sales Report comparison with the Main cash book.
Area Loss Prevention Manager
Reliance retails Ltd
, Telangana
05.2021 - Current
- Team Leadership: If managing a team, provide leadership, mentorship, and guidance to loss prevention staff, fostering a collaborative and effective working environment
- Weekly Business Review: Participate in weekly business review meetings to provide insights on loss prevention activities, share progress, and align strategies with overall business goals
- Asset Protection: Safeguarding company assets by implementing strategies to prevent theft, fraud, and other forms of loss
- Legal Compliance: Stay informed about relevant laws and regulations pertaining to loss prevention and security, ensuring the organization remains in compliance
- Risk Assessment: Identify vulnerabilities and potential risks within the organization that could lead to losses, and develop plans to mitigate them
- Surveillance: Monitor public areas and internal spaces using surveillance systems, including closed-circuit cameras and alarms, to detect and prevent suspicious activities
- Security Systems Management: Oversee the maintenance and operation of security systems, ensuring they are up-to-date and functioning effectively
- Inventory Control: Regularly audit and reconcile inventory records to minimize discrepancies and identify any instances of inaccurate stock data that could lead to losses
- Employee Training: Provide training to employees regarding loss prevention protocols, such as identifying theft indicators and responding appropriately
- Internal Investigations: Conduct investigations into suspected cases of employee theft, fraud, or any other unauthorized activities, maintaining professionalism and confidentiality throughout the process
- Fraud Prevention: Develop and implement measures to prevent various types of fraud, including credit card fraud, identity theft, and financial misappropriation
- Shoplifting Prevention: Collaborate with retail staff to develop strategies for preventing shoplifting incidents and handling suspected shoplifters
Area Manager
Reliance Retail ltd
05.2021 - Current
Sr. Executive
Heritage Fresh, Future Group Ltd
1 1 - Current
- Handling 15 Stores as Area In-charge (Loss prevention)
- Implement or monitor processes to reduce property or financial losses
- Investigate known or suspected internal theft, external theft, or vendor fraud
- Conduct store audits to identify problem areas or procedural deficiencies
- Direct work of contract security officers or other loss prevention agents
- Maintain documentation or reports on security-related incidents or investigations
- Monitor compliance with standard operating procedures for loss prevention, physical security, or risk management
- Prepare written reports on investigations
- Recommend new or improved processes or equipment to reduce risk exposure
- Identify and report merchandise or stock shortages
- Conducting the Monthly SOP audits
- Monitor & maintain the all stock movement reports
- Identify the non-moving SKUs at the store sent to the Category team for liquidation
- Identify the high dump SKU’s in F & V dept to reduce the High dump at the store level
- Day by day conduct the F & V MBL for the high shrinkage & Dump stores
- Daily monitor all PI HV reports and analyze the variation
- Daily monitor all commercial activities like Cash Deposits, Line item voids, unauthorized discounts, Transaction voids Banking transactions, etc…
- Randomly checked the POS counters & Store Odd time visits
- Monitor all DSD GRN & RTV & IST
- Security level all register verification
Future group Sr.Executive
06.2017 - 08.2018
- Process Excellency & Compliance)
Sr.Executive
Heritage foods Ltd
03.2012 - 05.2017
- Process Excellency & Compliance)
Executive
Viswas Business Synergies Pvt Ltd
05.2009 - 02.2012
Executive
01.2009 - 01.2012
- (Loss prevention & Control, Viswas Business Synergies Pvt Ltd is Located at Secunderabad, we have above 200 retail outlets in the three states
- Viswas Business Synergies Pvt Ltd is a retail chain of stores for agriculture products like pesticides, fertilizers, seeds, and implements
- The retail chain is promoted under Papillion Market Innovators Pvt Ltd
- The company expanded its chain of stores in Andhra Pradesh, Karnataka, Tamil Naidu, and Maharashtra and is involved as a renowned power retail chain
Education
Post-Graduation - Commerce
M.COM - undefined
Osmania University
Skills
Operating Systems:Windows 95, 98 and 2000Application Software:MS OfficeStock Auditing in : E-Retail packageStock Auditing in : Navision with LS-RetailSAP : Inventory & Cash ManagementPERSONNEL DETAILSFATHER’S NAME : NBixamiahDATE OF BIRTH AND AGE: 10-11-1985NATIONALITY : INDIAN
Timeline
Area Loss Prevention Manager
Reliance retails Ltd
05.2021 - Current
Area Manager
Reliance Retail ltd
05.2021 - Current
Asst Manager
Reliance Retail ltd, SLP
08.2018 - 04.2021
Asst Manager
Reliance retails Ltd
08.2018 - 04.2021
Future group Sr.Executive
06.2017 - 08.2018
Sr.Executive
Heritage foods Ltd
03.2012 - 05.2017
Executive
Viswas Business Synergies Pvt Ltd
05.2009 - 02.2012
Commercial Executive
01.2009
Executive
01.2009 - 01.2012
Executive
Vah Magna Retail Pvt Ltd
12.2006 - 04.2009
Inventory Executive
Retail Pvt Ltd
12.2006 - 04.2009
M.COM - undefined
Osmania University
Post-Graduation - Commerce
Sr. Executive
Heritage Fresh, Future Group Ltd
1 1 - Current