Prashant Kumar

Skills:

• Inventory management, Supply Chain Management, Product development.
• Improved sourcing processes in Office Chairs and Sofa category of Wakefit.
• Improved sourcing processes in Office Chairs and Sofa category of Wakefit.
• Handling import operation for Wakefit across all categories.
• Handle a range of documents required by different countries (Vietnam, China,Malaysia) such as commercial invoices, packing lists, certificates of origin, and import permits
• Prepare and manage import documentation, such as purchase orders, shipping documents, customs declarations, and import licenses.
• Adhere to different customs procedures and requirements for each country of origin, including special documentation or certifications needed.
• Ensure compliance with import regulations, including tariffs, duties, and import restrictions.
• Coordinate with freight forwarders, shipping companies, and logistics providers to ensure timely and cost-effective transportation of goods.
• Address and resolve any issues related to shipment delays, damaged goods, or discrepancies in orders.
• Prepare and distribute regular and ad-hoc reports on import activities, including performance metrics, cost analysis, and compliance.
• Analyze data to identify trends, issues, and areas for improvement.

Achievements:

• Import Documentation and clearance.
• Webbing cost reduction led to saving of 1 Million annually.
• Mechanism cost savings led to a reduction of 3 million annually.
• RM shortage management for Office Chair and Sofa.
• Relocate the Indian Market to China for Mechanism that reduced cost by 20%.
• Worked closely with CFT for development and launch of metal products category.
• Worked closely with the NPD team in the launch of 20 new sofa SKUs.
• Initiated in reducing the lead delivery time of essential spares for the sofa category, thereby impacting the overall production timeline.
• Developed new packaging materials for the Sofa and Mattress category, which helped reduce damages and R&R.
• Awarded with Extra Miler prize for being an outstanding contributor to the sourcing department.

• Involved in diverse projects related to the Auto Mobile Industry/Companies in India, in particular Mahindra, Maruti, MRF Tyres
• Complete and in depth market research on various projects assigned related to the client companies i.e Mahindra, Maruti , MRF Tyres
• Data collection by visiting target respondents, through a data base provided by the client company
• Made a detailed Project stating a complete research and analysis of the data collected from various respondents.