Summary
Overview
Work History
Education
Skills
Accomplishments
Work Availability
Quote
Timeline
AccountManager

RAJA Narresh

In Stock Manager
Bengaluru,KA

Summary

Targeting assignments in Supply chain management, Sap Ariba, Procurement, Inventory-costing & operation analysis, Cross Functional Management with an organization of repute preferably Bangalore, Chennai & Hyderabad.

A competent professional with over a decade of experience in spearheading the end-to-end Supply chain operations with overall Purchase and Inventory Operations with consistent record of delivering in cost, growth, revenue & profitability, Experience in implementing financial procedures in coordination with working Project management, profit monitoring and building internal financial controls Proficient at managing Customer order cycle, replenishment cycle, manufacturing cycle functions in coordination with internal / external departments for smooth operations Team-based management style coupled with immense capability for effective mentoring, training and career planning of team members Worked on various push based as well pull driven strategical environments.

Overview

13
13
years of professional experience
2
2
years of post-secondary education

Work History

In Stock Manager

RK World Infocom
Bengaluru, KA
10.2020 - Current
  • Unblocked ~ INR 250 crore of working capital for RKWI (~35% reduction) by making structural interventions and setting up right mechanisms and processes to keep check on future buying.
  • Structurally solved for all manual interventions happening in Buying systems. Our manual defects have gone down to
  • While structurally reducing inventory, have also reduced our SO ROOS from 18.3% to 13.0%. This has had direct goodness of ~300 bps on P3P GV coverage and consequently on sales. MAY ART SO ROOS was best amongst all sellers.
  • 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. This has help us unblock capital for buying fresher fast moving inventory.
  • Learned and adapted quickly to new technology and software applications.
  • Strengthened communication skills through regular interactions with others.

Supply Chain Manager

New Horizon Group
Bengaluru, KA
01.2017 - 08.2020
  • Integrated financial and operation plans with strategic objectives to deliver improved operational and financial results to boost customer satisfaction, profitability, and working capital.
  • Supervised 30 staff 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.

Inventory and planning manager

Coromandel international ltd(SJL GROUP)
Kurnool, Andhra pradesh
10.2010 - 04.2015

Education

MBA - Supply Chain Management

Welingkar's Institute of Management
Mumbai
04.2018 - 08.2020

Bachelor of Engineering Technology - Mechanical Engineering

Vishweshwariah Technological University
Bellary
05.2010

Certification Sap Ariba - Procurement Operational Tool

Sap
Bangalore
06.2020

Skills

  • Fc forecast Utilization ~Vendor Management ~Client Relationship Management
  • Inventory analysis ~Project coordination ~Cross Functional Management
  • Allocated inventory efficiently and analysed merchandise performance as needed throughout multiple departments with multiple FC’S which resulted in total Category sales of over 700 Crores (2021-2022)
  • Efficiently manage inventory, logistics and shipping for Amazon FBA stores
  • Sustained operational efficiency and effectiveness through detailed forecasting and purchasing routines, achieving 95% customer satisfaction rating Forecasts-Sales & Inbound Forecast analysis with clear data sets assigning to different algorithms
  • Reporting to Finance wing in regards to revenue outflow required in budgeting month wise based on the raised po’s
  • Coordinate with suppliers on deadlines, labelling requirements and preparing documentation
  • Responsible for monitoring internal communication, performing inventory adjustments, and reviewing and reporting on transaction trends
  • Assist in reporting escalations in regards to price nudges timely for approvals with finance team in order to prevent lost buy box Working on Price nudge cause and effect analysis
  • Managing of all master data in regards to asin, FC mapping, Vendor Code creation, E-docu sign’s Documentation and working these at rule engine level in AWS (Amazon work space)
  • Prepare and adopt standard sop’s in regards to operational practices and maintain high level of supervision on the inbound and outbound operations
  • Responsible in generation of the contract agreements thru sap Ariba for p2p and p2o cycles In regards to RFI, RFP, RFO, Purchase orders for both direct and indirect procurements
  • Assigning the approval flow for different types contracts as of required based on the guidelines issued by the Managing Authority
  • Connect with Business Partners in regards to Catalogue approvals, Deep dive in understanding the playbooks and working out the commercial terms with wide range of vendors
  • Incorporating best practices to prevent ROOS and SOOS with FC’S & Suppliers at all times making bench marking procedures in regards to having best performance index, good sell through rate
  • Closely working with the FC level teams in order to understand the space constraints and making the flow of goods at sufficient levels by working on cross docking, Po flip, drop shipment, EDI Interfaces
  • Analysing the score cards received thru vendors and Amazon Team to closely minimise the risks
  • Assisted in the implementation of TQM system and processes
  • Coordinating with Production Department to provide necessary details about daily production and with customers to acquire new orders & settle inquiries
  • Analysing the quotations, Negotiation with the vendors, finalizing the vendors and grading them based on the analysis
  • Leveraged planning Knowledge to drive supply chain activities through the creation, modification and implementation of Purchase planning
  • Prepare price comparisons negotiate with vendors to best for the company
  • Calculating costing of Inventories/Raw material requirements; preparing and maintain purchase order, maintenance of stock & weekly stock statement
  • Develop and implement purchasing and contract management instructions, policies and procedure
  • Strong financial and commercial acumen with ability to plan and execute proposals
  • Ensure optimum level of inventory to reduce surplus
  • Forecast price and market trends to identify changes of balance in buyer-supplier power
  • Manage and minimize the risks (for example operational or reputational) that could affect or interrupt the supply chain
  • Responsible for directing and coordinating manufacturing activities in the operations department to achieve plant goals related to safety, quality, productivity/cost, delivery, and resource management eg Inventory and talent development in a low-volume, high mix plant
  • Develop new and existing relationship with suppliers
  • Work with Technical managers to procure cost effective right products by understanding the Requirement
  • Frame and Modulating standard planned, blanket and contract purchase orders
  • Making sure stock levels meet production plans for the fulfillment of orders
  • Administering Process-supply flow to organize timely dispatches
  • Planning & executing monthly/quarterly/annual closure schedules; providing monthly financial statements & administering monthly closing process
  • Prepared invoice/delivery order, payable & receivables statements, monthly sales statements, purchase order/quotation, drafted mails, letters & files, maintained records, monthly returns
  • Conducted follow up with Shipping Agents to enquire the position of import consignment, outstanding payments & collection of ‘C’ forms
  • 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
  • Inventory- Performed daily follow up for sales, purchase, raw materials and finished goods to reduce in house over heads for finished goods by evaluating sales orders with factory output
  • Expertise in invoicing and E-way bill scrutiny related to Bill of Materials (BOM) to have multiple inventories grouped to one entity with normal POS invoicing related to B2C and B2B
  • Produced reports on functioning of multiple ware houses, go downs with inward and outward of inventory with complete periodical reports
  • Performed Stock Audits for godown & 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

Accomplishments

1. Unblocked ~ INR 250 cr of working capital for RKWI (~35% reduction) by making structural interventions and setting up right mechanisms and processes to keep check on future buying

2. Structurally solved for all the manual interventions happening in Buying systems. Our manual defects have gone down to

3. While structurally reducing inventory, have also reduced our SO ROOS from 18.3% to 13.0%. This has had a direct goodness of ~300 bps on P3P GV coverage and consequently on sales. MAY ART SO ROOS was best amongst all sellers.

4. Made great strides to improve the 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. This has help us unblock capital for buying fresher fast moving inventory.

Work Availability

monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Quote

The way to get started is to quit talking and begin doing.
Walt Disney

Timeline

In Stock Manager

RK World Infocom
10.2020 - Current

MBA - Supply Chain Management

Welingkar's Institute of Management
04.2018 - 08.2020

Supply Chain Manager

New Horizon Group
01.2017 - 08.2020

Inventory and planning manager

Coromandel international ltd(SJL GROUP)
10.2010 - 04.2015

Bachelor of Engineering Technology - Mechanical Engineering

Vishweshwariah Technological University

Certification Sap Ariba - Procurement Operational Tool

Sap
RAJA NarreshIn Stock Manager