Dedicated, resourceful and innovative Management Professional offering 10+ years of experience in inventory management in various industries in different capacities. Vision & goals in planned and stipulated time frame by capitalizing on my Education and Practical Experience in best possible way. To provide support in adhering to Commercial & inventory movement process at stores and RDCs as per the SOPs and enhance efficiencies in the same. Results-driven Inventory Manager with demonstrated record of running lean departments. Successful at keeping records current and accurate. Offering 15+ years of experience strengthening processes, realigning teams and overhauling structures to keep operations responsive to changing industry and company demands. Reliable Inventory Manager bringing expertise in receiving, storage and document management. Natural leader, communicator and problem-solver experienced in completing audits and submitting reports. Focused on keeping inventory current and at optimal levels. Resourceful Warehouse Manager with 1+ years of experience directing Hubs warehouse operations. Talented in recruiting, hiring, training and scheduling employees to sustain production needs. Professional and clear communicator successful in managing efficiency while boosting morale through constructive employee feedback and staff reviews.
Hi, I’m
Raghavendra Prasad P
Strategic Planning, Inventory Control, Forecasting And Demand Planning, Supplier Management, Team Leadership, Reporting And Analysis, Compliance & Quality Assurance
Bangalore,Karnataka
Summary
Overview
17
years of professional experience
5
Languages
Work History
Razorpay POSBangalore
Lead Inventory Manager - SCM - PAN India
05.2022 - Current
Job overview
- Inventory Planning: Developing inventory strategies and setting targets for stock levels based on demand forecasts, sales trends, and lead times.
- Collaborating with sales and operations teams to align inventory plans with business objectives.
- Stock Control: Implementing and maintaining inventory control systems to track inventory movement, stock accuracy, and minimize discrepancies.
- Conducting regular audits and cycle counts to ensure inventory accuracy and identifying any discrepancies or issues.
- Demand Forecasting: Analyzing historical data, market trends, and customer demands to generate accurate demand forecasts
- Collaborating with sales, marketing, and production teams to align inventory levels with anticipated demand and avoid stockouts or overstock situations.
- Supplier Management: Establishing relationships with suppliers and negotiating favorable terms for pricing, delivery, and quality.
- Monitoring supplier performance and addressing any issues related to late deliveries, quality concerns, or non-compliance.
- Oversaw warehouse staff and maintained efficiency in fast-paced environment.
- Order Fulfillment: Ensuring timely order processing, picking, packing, and shipping to meet customer demands
- Coordinating with warehouse staff and logistics teams to optimize order fulfillment processes and minimize order lead times
- Inventory Optimization: Analyzing inventory turnover ratios, carrying costs, and identifying slow-moving or obsolete inventory
- Implementing strategies such as safety stock levels, economic order quantities (EOQ), and just-in-time (JIT) inventory management to optimize inventory levels and minimize holding costs
- Data Analysis and Reporting: Utilizing inventory management software and tools to generate reports on key inventory metrics, such as stock levels, stockouts, fill rates, and inventory turnover
- Analyzing data to identify trends, patterns, and areas for improvement
- Providing regular reports and insights to management regarding inventory performance and recommending actionable strategies
- Cross-functional Collaboration: Collaborating with various departments, including procurement, sales, operations, finance, and logistics, to ensure effective coordination and alignment of inventory management processes
- Participating in cross-functional meetings and projects to optimize overall supply chain performance
- Continuous Improvement: Identifying opportunities for process improvement and implementing best practices in inventory management
- Staying updated on industry trends, new technologies, and regulatory requirements to enhance inventory control strategies
- Team Management: Leading and supervising a team of inventory analysts or coordinators
- Providing guidance, training, and performance feedback to ensure efficient execution of inventory management tasks.
- Collaborated with purchasing and production to maintain levels of quality and on-hand inventory.
- Labeled, organized and located inventory items in staging areas or on shelves according to quantity, size, or type of material.
- Recorded information, shortages, and discrepancies to keep records current and accurate.
- Maintained sufficient inventory levels to meet customer demands at all times.
- Reduced inventory levels and improved supply chain visibility using strategic initiatives.
- Developed and implemented actionable improvements to increase inventory replenishment efficiency and reduce downtime.
- Provided supply chain guidance to team of 43 employees.
- Organized and maintained correct inventory levels to drive highest turns possible on inventory.
- Consolidated supplier base while maintaining redundant sources of supply to reduce transit expenses and improve timely delivery.
- Monitored supplier performance for compliance with contract terms and quality standards.
- Connects to internal and external suppliers and establishes reliable supply, partnership and continuous improvement under the World Class Supplier principles.
Star Bazaar- Trent Hypermarket Private Limited
Assistant Manager - Stock Controller - Bangalore
01.2022 - 05.2022
Job overview
- Manage the inventory movement between locations as per the defined SOPs
- Schedule and review implementation of Weekly Stock Take process as per the defined timelines and norms
- Undertake stock adjustments based on PI and stock take process with the required approvals and justifications from the Operations team (SMs)
- Schedule and review implementation of the HV/PI process across stores as per the defined timelines and norms (done by concept team and inventory team)
- Monitor on KN & UK Loss as per defined budget
- Coordinating with category & supply management on Fresh (F&V) & Grocery Quality issue updated in Wooqer & get support accordingly
- Resolve the GIT discrepancies between stores and warehouses
- Review and escalate transit GIT shortage from transporter to the Regional Inventory Head for necessary action
- Execute the ageing stock indents as per the defined norms and follow up with vendors for pick up from warehouse
- Follow up and ensure returns indents are cleared as per the defined timelines and TATs
- Review updation of the inventory checklist in wooqer as per defined timelines and take required actions
- Follow up and ensure damages are declared in wooqer as per defined norms and timelines
- Analyze the nature of damages and work with the Operations team to minimize the same (BMs and AMs)
- Handle and reconcile the DSD stock as per defined process and norms (stores)
- Perform a negative stock analysis and take necessary actions to address issues store wise and concept wise (stores)
- Declare the near to expire stock and write off as per the SOA (schedule of Authority).
Lifestyle International Pvt Ltd (Max Retail Division)
Senior Executive Inventory & Commercial - Bangalore
04.2016 - 12.2021
Job overview
- Preparation of Purchase order (Caped) Ensure Budgetary control and verifying with agreed/approved rates for PO issuance
- Issuance of Advance to vendors as per payment terms, Processing final invoices with proper supporting and approvals
- Preparing and Sharing Reports Open PO, Capital advance, Fund request, Creditor's ledger, and Retentions details to concerned stakeholders on monthly basis
- Prepare and present MIS - Periodical / Adhoc MIS reports
- Generation GRN for approved invoices
- Submission of Invoices to GA and need to align with all required supporting and approvals
- Ensure all capex and Opex expenses are within approvals
- Tracking of all bill receipts, supporting, approvals, accounting, and payment of Capex Invoices
- Co-ordination with Cross functions and vendors a as per requirement
- Item code creations and mapping the same
- Ensure Vendor accounts and accounts receivables are periodically reconciled
- Manage the generation of MIS as per defined norms and timelines, analyze and present to various stakeholders
- Adhering to SLA, SOA & SOP Suggestion for Changes / Improvement in Process
- Trade Accounting: Manage the process of accounting and payment processing of all trade invoices as per SLAs and in compliance with schedule of authority
- Review unpaid invoices on daily basis and take required actions
- Review preparation of monthly schedules and ageing reports and share with relevant stake holders for taking corrective actions
- Prepare and publish dash boards to the relevant stakeholders as per defined timelines
- Handle queries from all Internal & external stake holders
- Manage the monthly provision accounting for All Groups & Smooth closure of month end activities
- Collect all vendor agreements and review the validity of the agreements before processing the vendor invoices
- Coordinating with Tax Team with regards to GST compliances and issues
- Review SOPs and checklists relating to trade payable accounting on periodic basis, recommend necessary changes and take required actions in consultation with relevant stake holders
- Monthly review on Schedules along with preparing of various MIS for Management Review
- Provide support for the completion of all internal and statutory audits and take required actions to address issues arising from the audits including ICFR Internal control
- Inventory Assurance (Stores and Warehouses): Manage the inventory movement between locations as per the defined SOPs
- Schedule and review implementation of PI and stock take process as per the defined timelines and norms
- Undertake stock adjustments based on PI and stock take process with the required approvals and justifications from the Operations team (BMs and AMs)
- Schedule and review implementation of the GC process across stores as per the defined timelines and norms (done by concept team and inventory team)
- Resolve the GIT discrepancies between stores and warehouses
- Review and escalate transit GIT shortage from transporter to the Regional Inventory Head for necessary action
- Execute the ageing stock indents as per the defined norms and follow up with vendors for pick up from warehouse
- Follow up and ensure returns indents are cleared as per the defined timelines and TATs
- Review updation of the inventory checklist in wooqer as per defined timelines and take required actions
- Follow up and ensure damages are declared in wooqer as per defined norms and timelines
- Analyze the nature of damages and work with the Operations team to minimize the same (BMs and AMs)
- Handle and reconcile the DSD stock as per defined process and norms (stores)
- Perform a negative stock analysis and take necessary actions to address issues store wise and concept wise (stores)
- Review and clear the put aways as per defined timelines and minimize pending put aways (warehouse)
- Review and ensure manual unmarking of bins is not done (warehouse)
- Declare the near to expire stock and write off as per the SOA (schedule of Authority)
- Review and ensure inventory audit is performed by the Store Executives as per the defined timelines and parameters
- Highlight concern areas from the audit to the BMs and Warehouse Managers for required actions
- Undertake shrinkage analysis at concept and category level and take required actions in collaboration with the BMs and Warehouse Manages
- Review the consumption of non-trade consumables and take required actions
- Check maintenance of hygiene in the back store and share feedback
- Update Basecamp for any deviations in the processes and follow through for rectification
- Review and ensure stock, non-trade items and trained manpower are available for the new stores as per define timelines and norms
- Review the inventory MIS and take required actions to address concern areas.
Go java's (Jabong Venture)Bangalore
Hub-Manager
09.2015 - 04.2016
Job overview
- Responsible for all the issues, problems related to inbound and outbound operations
- Responsible for market place operations
- Internal and external merchant coordination
- Monitoring functionality of In-house Mobile and Web based applications to optimize operation
- Respond to operations quarries in the proper reasons
- Managing INBOUND & OUT BOUND Activities
- Maintaining reports and submitting status reports related to INBOUND and OUTBOUND activities and Issues
- Employee Facilities and Adherence to HR Policies and Leave planning for Workers
- Coordinate with HR for Leave Hiring and Induction and Training programmes and Policy implementations
- Ensure on time departure of delivery vans as per cut off time
- Fulfillment of operations requirement
- Inventory management
- Identify operations issues and opportunities
- Instant Reply on the mails
- Optimum utilization of the manpower spread in different shifts
- Imparting training to staff to improve the process
- HUB Facilities and Resources to be managed
- Defining, building and executing the delivery process from delivery station to customer address
- Ensure enough bandwidth in territorial delivery team to ensure peak time delivery management
- Engage closely with the delivery team including associates, developing and maintaining a highly motivated and performance driven team
- Continuously improve the delivery process and attain a sustained level of delivery performance, through process and training improvements
- Initiates improvements to enhance quality standards, reduce waste, and eliminate unnecessary work
- Analysis of the data reports to identify performance bottlenecks and improve performance
- Strong Bias for great customer service: Engage the Team in developing their understanding of Customer Experience and knowledge of what Customers needs/expects.
Reliance Retail Pvt LtdBangalore
Store Manager (Foot Print)
07.2013 - 08.2015
Job overview
- Reporting to Area Sales Manager
- Supervise the employees working in their areas and plan shift schedules and train new employees on company policies
- Focus on displaying their section's products so they are visually appealing and lead to better sales
- Inspects merchandise to ensure it is correctly priced and displayed according to POP Responsible for monitoring sales numbers and regularly check sales reports and analyze what is working successfully in their departments and what's not in way of conversion or UPT
- Hitting targets and implementing strategies to improve sales
- Taking care of customer service including handling queries and complaints
- Inventory Management by monitoring of stock inward & outward and by shrinkage in the department.
Ecorem Healthcare Pvt.LtdHassan
Asst Area Sales Manager (Pharmacy)
01.2011 - 06.2015
Job overview
- Reporting to Regional Manager
- Visiting the zones every 15 days once with the sales representatives Moderating the sales of each zones and planning for next sales growth
- Tracking reports of zone sales, and product analysis and reporting to the RM
- Providing leadership to a team of Managers, operations Staff and integrating their efforts to optimize operational efficiency
- Building and nurturing productive relations with doctors with extensive touring across the zone.
Navodaya Service CentreBangalore
Hub Facilities and Resources to be managed
04.2024 - 12.2010
Job overview
- Reporting to General Manager (Operation), Participating in Government Tender Behalf of Company
- Maintain front desk area
- Type documents and correspondence
- Resolve administrative problems by preparing reports and analyzing data
- Maintain of staff salary and there E.S.I and E.P.F
- Inspection with Field Officer in night (twice in month).
Pantaloons Retail (India) Limited (Big Bazaar)Bangalore
Warehouse Assistant
08.2006 - 04.2009
Job overview
- Reporting to Warehouse Manager
- Route materials to the proper section
- Store and load up materials in keeping with prescribed methods
- Verify merchandise and supplies against receiving documents
- Note and report discrepancies and apparent damages of supplies and materials received
- Sorted and placed merchandise in racks Moved materials inside the warehouse by means of a pallet jack Staged and sorted products for loading Loaded and unloaded trailers
- Maintained a sanitary and safe work area
- Inward & outward tracking, Weekly basis GIT clearance by both the parties (Receiving & Sending Loc, Discrepancy against Excess/shortage
- Perpetual inventory for High value products weekly basis to control shrinkage
- Daily basis MIS reports on time to HO
- Monitor and ensure all WBC products are bar-coded on a daily basis
- Back store maintenance department wise season wise stock segregation, WBC, Damage segregation.
Pantaloons Retail (India) Limited (Big Bazaar)Bangalore
Team Member
08.2006 - 03.2009
Job overview
- Reporting to Department Manager
- Explain customers about products and their benefits
- Price and tag all goods and products
- Maintain back stock in fine order
- Keep department sanitized, well maintained, and controlled
- Uphold standards of cleanliness
- Systematize, stock, and rotate products
- Attend meetings of team and store.
Education
Bangalore Science College
Bachelor of Science
University Overview
Sri Jagadaguru Renukacharya Collage
Pre Degree from PCMB
University Overview
Sri Maruthi Vidyalaya School
SSLC
University Overview
Skills
Statutory Licensesundefined
Availability
See my work availability
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Quote
“Believe it can be done. When you believe something can be done, really believe, your mind will find the ways to do it. Believing a solution paves the way to solution.”
Timeline
Hub Facilities and Resources to be managed
Navodaya Service Centre
04.2024 - 12.2010
Lead Inventory Manager - SCM - PAN India
Razorpay POS
05.2022 - Current
Assistant Manager - Stock Controller - Bangalore
Star Bazaar- Trent Hypermarket Private Limited
01.2022 - 05.2022
Senior Executive Inventory & Commercial - Bangalore
Lifestyle International Pvt Ltd (Max Retail Division)
04.2016 - 12.2021
Hub-Manager
Go java's (Jabong Venture)
09.2015 - 04.2016
Store Manager (Foot Print)
Reliance Retail Pvt Ltd
07.2013 - 08.2015
Asst Area Sales Manager (Pharmacy)
Ecorem Healthcare Pvt.Ltd
01.2011 - 06.2015
Warehouse Assistant
Pantaloons Retail (India) Limited (Big Bazaar)
08.2006 - 04.2009
Team Member
Pantaloons Retail (India) Limited (Big Bazaar)
08.2006 - 03.2009
Bangalore Science College
Bachelor of Science
Sri Jagadaguru Renukacharya Collage
Pre Degree from PCMB
Sri Maruthi Vidyalaya School
SSLC
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