Summary
Overview
Work History
Education
Skills
Timeline
Generic

Shashank Jain

Hyderabad

Summary

A professional with an MBA from IIM Indore and a hardcore sales and ops person. Highly skilled in program management ,operations, market research, business development, accounting, vendor management and manpower management.

Overview

8
8
years of professional experience

Work History

AVP - Operations & Sales

The Thick Shake Factory
Hyderabad
11.2021 - Current
  • Heading the brand sales of Rs 35 crore+ through 100+ outlets.
  • Managing operations for 30 company-operated outlets as well as providing operational support to 70+ franchise outlets.
  • Hiring, training, and ensuring the growth of manpower .This reduced the attrition rate of the ground staff from 70% to 20%.
  • Established key metrics to measure the effectiveness of projects and initiatives carried out by our teams.
  • Launched 2 semi-premium brands under the parent brand umbrella.
  • New product development: sundaes, finger food, snacks, and beverages. This led to a 27% increase in outlet-level sales.
  • Coordinated cross-functional teams in order to deliver multiple large-scale projects
  • Increasing the profitability of the company by 22% by not just opening newer profitable outlets but also shutting down loss-making ones or changing their operational formats.
  • Managing sales and marketing for all online channel partners and aggregators. Getting the net revenue realization from 55% to 70%.
  • Minimizing thefts and under-reporting of sales by introducing a proper auditing mechanism and sales team hierarchy.
  • Complete end-to-end support for NSO from design to execution of the stores.

Senior Territory Manager

Retail Cars24
New Delhi
03.2021 - 10.2021

Responsibilities:

  • Heading the retail sales channel for Noida, Faridabad region, with a 12Cr+ monthly topline.
  • Leading a team of 40+ sales associates to drive sales, revenue growth and channel partnerships.
  • Responsible for planning, hiring and inducting the retail team and supporting team with monthly planning, daily and weekly reviews, and new initiatives
  • Managing end-to-end operational and cross-functional activities to expand business
  • Assessing market demand and growth patterns to relocate existing units and open new ones.

Achievements:

  • Ran 3+ branches with 35% sales conversion rate against the 20% benchmark, resulting in additional topline of Rs. 2 crore a month
  • Identified fraudulent patterns, evaluated risk, and set up new risk management processes and algorithms.
  • By reducing fraudulent occurrences by 80%, Rs. 10 lacs were saved per month.
  • Implemented new strategies to negate the effects of lockdown.

Regional Head

Sakthi's Kitchen Private Limited
North and Central India
05.2018 - 03.2021

Responsibilities:

  • Managing mess and canteen services in India's most prestigious institutes, majorly IITs & IIMs.
  • Maintaining PR with all high administrative positions as well as student unions.
  • Extensively travelling all over the country, managing units, and giving support to other regional managers.
  • Planning menus for all units increases cost effectiveness and maintains quality benchmarks.
  • Planning budget, manpower, and logistics for events catering anywhere between 25 and 4000 people.
  • Negotiating terms with new and old suppliers for rates, terms of payment, or terms of credit.
  • Manpower management of a unit to achieve a specific budget goal is followed by the necessary hiring and firing of staff.

Achievements:

  • Scaled up business by 200% (from 21 crore annual to 40 crore) within a span of 16 months by starting 5 new projects in 2019.
  • Provided margins as high as 70% for all external events organized.
  • I am introducing data management automations in 9 of my units to reduce micromanagement.
  • Setup up Delhi regional office along with required manpower.

Business Owner

Globe@I
Indore
04.2016 - 03.2018
  • First person to open a for-profit food venture on campus instead of taking up a job from campus recruitments
  • Took the initial sales of Rs 1600 to an average of Rs 18000 per day by improvising on the menu and pricing strategies
  • Grew a team of 2 staff to 16 staff and started round-the-clock operations and deliveries throughout the campus
  • I dealt with and negotiated with various vendors to reduce the average purchase cost from 39% to 26% of sales.

Education

Master of Business Administration -

IIM
Indore, Madhya Pradesh
01-2016

Class XII (CBSE) -

DAV
Hazaribagh, Jharkhand
01-2011

Class X (CBSE) -

Mayo College
Ajmer, Rajasthan
01-2009

Skills

  • Operations Management
  • Revenue Growth
  • Program management
  • Data Management
  • Pricing Strategies
  • Retail Sales
  • Human Resources Management
  • Business Development

Timeline

AVP - Operations & Sales

The Thick Shake Factory
11.2021 - Current

Senior Territory Manager

Retail Cars24
03.2021 - 10.2021

Regional Head

Sakthi's Kitchen Private Limited
05.2018 - 03.2021

Business Owner

Globe@I
04.2016 - 03.2018

Master of Business Administration -

IIM

Class XII (CBSE) -

DAV

Class X (CBSE) -

Mayo College
Shashank Jain