Raja Narresh
Bangalore
Summary
Results-driven supply chain management professional with over a decade of comprehensive experience in end-to-end supply chain operations, procurement, inventory management, and operational analysis.. Proven success in leading projects from start to finish and contributing to organizational growth and success.
Overview
14
14
years of professional experience
Work History
In Stock Manager
RK World Infocom
03.2021 - Current
- Structurally solved for all manual interventions happening in Buying systems
- Total manual defects have gone down, While structurally reducing inventory, have also reduced our SO ROOS from 10.3% to 5.1%
- Made great strides to improve overall Inventory Mix by introducing strong control and audit mechanisms on buying
- Our mix of DOH60+ inventory has reduced to ~40% of Total Inventory from high of ~55% in Jan
- Total inventory lead time reduced from 15 days to 11.5 days within a span of 3 months
- Developed an entry and exit inventory demand plan ranging for 180~240 crores for art period like prime day and Jupiter
- Prepare and adopt standard sop's on-Iss tt's, Regional in stock availability regarding operational practices and maintain high level of supervision on inbound and outbound operations
- Maintained strong focus on suppressions/mark down Asin's and timely making available for sale by resolving with in shortest time
- Planning of overall fulfillment centers weekly inbound forecast of around 15~20 lakh units available to inbound planning to minimize OOS situation
- Methods to minimize unhealthy and unsellable inventory by closely coordinating with amazon team on analyzing different reports such as tilt, buying defects, Tip analysis, critical ratio and supervision on forecasting p-50 and p-90 confidence levels on top asins
- Worked on preparation of Analysis trackers to understand wow sales, inventory replenishment turns, ROOS, Fill rate to proactively arrest predicted gaps in supply chain
- Initiated to create safety stock levels for each asin by computing standard deviation on demand variation and supply variation for each brand so that Proper stock out phases can be minimized by executing follow up plans
- Wow reports on No call no show, push outs, forecast leakage in regard to appointment utilization is taken care at high priority and educating vendors to minimize isa deletion, underutilization and push out defects
Supply Chain Manager
New Horizon Group
01.2017 - 01.2021
- Integrated financial and operation plans with strategic objectives to deliver improved operational and financial results to boost customer satisfaction, profitability, and working capital
- Teamed with a group of 30 members tasked with handling materials management, planning, purchasing, and customer service duties
- Collaborated with internal teams to improve outputs to meet demand and supply requirements, ensuring inventory integrity targets for finished goods
- Established inventory targets, stock level, and risk mitigation targets and managed flexibility strategy to optimize inventory
- Oversaw demand planning, purchasing, and logistics
- Improved, standardized and documented planning and scheduling processes
- Built supplier relationships to mitigate risk and establish effective purchasing arrangements with indirect and logistics customers
- Monitored and tracked supplier performance to enforce adherence to quality standards and established timelines
- Designed plant layouts, tooling fixtures and flowcharts of materials to meet delivery targets
- Implemented inventory-management strategies to maximize availability and decrease waste
- Reduced inventory levels and improved supply chain visibility using strategic initiatives
- Developed and implemented actionable improvements to increase inventory replenishment efficiency and reduce downtime
Supply Chain Planner
Coromandel International Limited(Murugappa Group)
08.2010 - 11.2015
- Maintained Stock Sheet Closing stock Statement; performed reconciliation of statement & Purchase accounts
- Vendor-Masters related to vendors; hundreds of B2B vendors with basic territorial and GST enabled details, banking accounts-generated reconciliation reports with MIS reports for post sales towards realized amounts, thoroughly analyzed the suspense transactions relating to faults in financial instruments and manual errors
- Produced reports on functioning of multiple ware houses, go downs with inward and outward of inventory with complete periodical reports
- Performed Stock Audits for Dispatch centers' & showroom stock verification, daily sales to physical stock in a good manner by analyzing of short, damaged or expired stocks with perfect parametric details
- Administered Inventory & Logistic Management via batch wise categorization of stock groups and further classified them based on their ageing, which gives first come first out basis decreasing the shell out period of inventory, assigning inventory to assigned logistics for safe delivery and inward in process cycle
Education
ISM TOOL CERTIFICATION ON AWS - AMAZON WORK SPACE-SCM
AWS
Bengaluru, KA03.2022
MBA - Supply Chain Management
Welingkar's Institute of Management
02.2019
Certification Sap Ariba - Procurement Operational Tool
Sap
06.2018
Bachelor of Engineering Technology - Mechanical Engineering
Visvesvaraya Technological University
05.2010
Skills
- Business Planning
- Procurement and vendor management
- Demand Statistical Forecasting
- Inventory optimization
- Cross-Functional Team Management
- Power BI
- Table
- Excel
- Data Modelling
- Stocking plan analysis
- Production planning
- Upstream and Downstream Operations
- Problem Solving
- Process improvement
- Analysis skills
Accomplishments
Unblocked INR 250 crore in working capital for RKWI (35% reduction) through structural changes and improved processes for future purchases.
Reduced inventory Total Inventory lead time from 17 to 14 days in 4 months.
Cut aging inventory from 14% to 6.7% in 5 months.
Timeline
In Stock Manager
RK World Infocom
03.2021 - Current
Supply Chain Manager
New Horizon Group
01.2017 - 01.2021
Supply Chain Planner
Coromandel International Limited(Murugappa Group)
08.2010 - 11.2015
Certification Sap Ariba - Procurement Operational Tool
Sap
Bachelor of Engineering Technology - Mechanical Engineering
Visvesvaraya Technological University
ISM TOOL CERTIFICATION ON AWS - AMAZON WORK SPACE-SCM
AWS
MBA - Supply Chain Management
Welingkar's Institute of Management
Profilelink
https://bold.pro/my/raja%2Dnarresh%2D6362094692/251
Projects
Total Inbound Lead Time (TILT)
Reduction of total inbound lead time through a structural approach to the optimization of supply chain with a focus on top contributing vendors.
Achieved goodness around by bringing down the tilt to 14 days from 17 days within a time period of 4~5 months of time working in parallel with robust supply chains like HUL, Godrej, P&G, Reckitt Benckiser & Wipro brands.
Regional In-Stock Management (RIS)
An initiative to enhance product availability and contribute to the growth of e-commerce sales across regional markets through optimization of stock levels.
Sales Growth: Boosted regional sales by 20% in one year through enhanced product availability and efficient order processing.
Inventory Turnover Improvement: Enhanced inventory turnover rate by 30%, which in turn has cut down the carrying costs and has made it possible to use the cash for new product lines.
Customer Satisfaction Enhancement: Enhanced customer satisfaction scores by 15% by proper inventory management ensuring that customers get their order on time and as they expect.
Stockouts Reduction: Cut down stockouts by 25% to create a better shopping experience and boost conversion rates by 12% during peak seasons.
Developed and Integrated Real-Time Power Bi Analytics Dashboards:
Successfully modeled an ISM console through Power BI, providing real-time visibility into key supply chain metrics, including VLT, forecast audits, demand monitoring, RIS, PO audits, aged POs, inbound fill rate, and tip planning.
AI Tool Integration for Demand Planning: Interlinked individual dashboards with AI tools like Copilot,Crest and Datup to enhance demand planning and optimize forecasting processes.
Collaboration with Tech Teams: Collaborated with technical staff to incorporate voice inputs, which facilitated the implementation of dynamic insights and enhanced the usability of dashboards.
Profilelink
https://bold.pro/my/raja%2Dnarresh%2D6362094692/251
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