Summary
Overview
Work History
Education
Skills
Timeline
Generic
VIVEK SRIVASTAVA

VIVEK SRIVASTAVA

Driving Global Business & Finance Transformation | Strategy, Glidepath & Change | Digital & Data | Growth-Margin | Transition | Commercial-Operational Excellence | Inventory- Control Tower | Global Service Center |
Gurgaon

Summary

Senior Professional with 20+ years of extensive professional experience and sought after. Helped 60+ global organisations in 12+ industries (including Consumer Products, Electronics & White Goods, Mobiles, Steel Metal & Mining, Industrial Engineering Products, Automobiles, Port & Logistics, Chemicals, Food & Dairy Products, to name a few) grow and expand their portfolios, sales & global footprint, improve margins, and transition to future-ready in the global landscape.

Working with a global CXO group to establish successful strategy, Problem solve, drive execution & turnaround, present options and solutions to choose from, risk analyses, capacity building, drive performance culture, and create a broad picture for leaders are among his specialties.

Expertise in bringing global stakeholders together and achieving goals while working across time zones, cultures, and global dynamics.

He has Solution Specialties –
+ Growth Strategy Design & Execution, Transformation, Turnaround & Transition, Business Excellence
+ Enhance Market share, Expand Market reach & penetration, and Distribution Expansion
+ Risk evaluation, Execution Rigor & Cadence, Change Management
+ Margin & Cost Optimization- Commercial Excellence, Supply Chain Optimization, Sales Enablement- SFA & SFDC
+ Due Diligence, Post Merger Integration, Executing Synergy Options
+ Capacity Building, Coaching, Team Building, Hiring, and Change Inventory
+ Operational Excellence, Manufacturing Excellence, ISO, Six Sigma, EFQM, Theory of Constraints
+ Drive Digitization and Big Data Transition- Mock-ups, Drive Self Service Visualization & Migration to platform-tools
+ Channel Management, Partner Management, Inventory Planning & Management
+ Supply Selection, on-boarding, Service Contracting, Purchasing & Buying Excellence

His work include: Working with Global MNCs in Global roles in Global Capacity. Worked with Top-notch Consulting firms helping organisation to grow 3X in 5 years, Delivered ~2 billion dollars cumulative growth and ~200 million of bottom-line improvement to clients in his professional life span so far.

Overview

22
22
years of professional experience
15
15
years of post-secondary education

Work History

Finance Transformation

Signify, Formerly Philips Lighting
Gurgaon
04.2021 - Current
  • Lift-Shift-Transform, Hiring- Organization Structure - Roles & Responsibilities, Design & Set Interaction Model, Develop Service Catalogue way of working for FP&A CoEs, Communication and Change Management, Transformation Stories, Drive Digitalization, Program Manage & Drive Execution of Finance- FP&A Transformation Projects
  • Drive Credit & Collection Growth Transition-, transitioning to the new way of working, establish synergy, setup a new org structure
  • Drive execution of Global Inventory Management initiatives- inventory visibility, one source of truth, system & processes for overstock & obsolesce management, inventory forecast & goods movements linked QxP and Price & other f(x)
  • Developed and implemented performance improvement strategies and plans to promote continuous improvement.
  • Proved successful working within tight deadlines and fast-paced atmosphere.

Business Transformation

Philips Lighting
Gurgaon
09.2018 - 06.2021
  • For Growth Market (India-ASEAN, Pacific, FarEast, ASEAN, Middle East & Africa) Group of ~90 countries
  • Annual Hoshin Plan for Growth, review bottom-up AoP, Market Momentum, Plan for Growth Drivers
  • Identify & Align Growth & Margin Initiatives- 400+ projects on Channel Expansion, Distribution Reach, NPIs, Cross & Up Sell
  • Program Management execution of 400+ Initiatives, Run the review Cadence
  • Drive Mckinsey Program @Horizon execution as a Sub VSL & VSL for Growth Market
  • Drive speed boats- New Propositions ( Li-Fi, 3D printed Lums, Animal Centric Lighting) market activation, internal system alignment- product code, FTEs, knowledge and skill development
  • Drive Signify Excellence Program for Growth Market- Conduct Program, Select-Coach-Train-Judge-Assess performance
  • Drive EFQM Transformation for Growth market to improve business sustainability @ European Foundation for Quality Management ( EFQM) Lead
  • Applied principles of change management, organizational design and business process improvement to stimulate customer interest and attract untapped demographics.
  • Recommended and implemented practical business process solutions, working directly with stakeholders to drive customer expansion and increase revenue generation.
  • Developed and managed tailored business growth strategies, supporting clients through design, construction and execution.
  • Set aggressive targets for employees to drive company success and strengthen motivation.
  • Communicated best practices among on-site and external personnel to align efforts and goals.

Project Manager

Renoir Consulting
Gurgaon
06.2015 - 09.2018

Drive Transformation Opportunities for Growth, Productivity & Margin Improvement (Overall Business, Operations, Procurement, Supply Chain & Logistics, Sales & Commercial, Manufacturing) across sectors - Steel, Metal & Mining, Spices, Footwear, Food & Beverage, Agri Product Manufacturer

  • Setup and run Rapid Business Transformation Program and turnarounds for clients to deliver sales growth
  • Identify opportunities and execute initiatives in-line with diagnostics and agreed terms
  • Define short interval control across the value chain and setup the tracking to improve the throughput and productivity using LEAN management concepts
  • Build Capability- coach & train clients taskforce, stakeholders and consultants.
  • Manage internal and external stakeholders and business results delivery
  • Manage and track Program cost and expenses and benefit delivered
  • Manage Program PnL and ensure weekly collection in-line with the delivery
  • Engage with promoters to align on results delivered and agree on repeat business

Key achievements:

  • Improved sales for Food & Agri Products manufacturers by ~10-25% over & above natural growth through a focus on sales enablement- partners selection & onboarding, SFA and DMS across channels, billing discipline, Sales force performance
  • Improved throughput for multiple clients by 25-40% range
  • Implemented commercial excellence program for Steel player to reduce Inventory, reduce obsolesce & purchase cost ~20% of annual purchase base
  • Optimized the workforce for Steel player through Span of Control, Organogram, time and motion study across value chain ~18% reduction
  • Expanded B2B and B2C channel to target 20% new sales + Reduced overall cost of production ~15% (conversion cost) through implementation of LEAN
  • Improved the throughput through yield improvement and waste reduction
  • Identified & trained change agent to implement the transformation workstreams
  • Managed projects from procurement to commission.
  • Provided detailed technical and operational direction in project challenges, consistently meeting deliverables according to deadlines.
  • Identified plans and resources required to meet project goals and objectives.
  • Orchestrated projects within strict timeframes and budget constraints by solving complex problems and working closely with senior leaders.

Senior Manager | Supply Chain | Sales & Operation

Samsung Electronics
Gurgaon
06.2013 - 05.2015

Sales & Operation Planning, Channel Partner Training and Capability Development, Channel Forecasting, Channel Inventory and Channel Velocity, Bill to ship, Direct to customer and cross docking

Sales & Operation planning

  • Migrated to Tier-II level channel forecasting mechanism – transition from 17- Tier I partners planning to 950-Tier II level across India
  • Designed & implemented collaborative forecasting model- capability building, train & onboard channel partners across India
  • Executed new forecasting model with tier-II 8 weeks forecast (4 weeks firms and 4 week tentative)
  • Run the forecast aggregation, normalizing and smoothing process to ensure the fulfillment

Manage Channel Inventory & Lead time

  • Monitored the channel inventory & Identity the gaps in supply & ensure right supply
  • Identified the cluster wise-channel partner wise- SKU wise possibility of the sales through and tertiary to drive the sales
  • Reduced the channel inventory from 45 to 30 days and channel lead time from 30 to 15 days

Implementation of New distribution Model – bill to ship to

  • Implemented Bill to Tier-I partners and directly ship to Tier –II channel partners
  • Implemented Cross Docking at Tier-I partner and shipped to tier-II channel partners
  • Setup the processes to directly bill and deliver to Tier-II channel partners

Channel partners performance management & DMS adoption

  • Setup the lagging KPIs in-line with AoP business plan and rollout the forecasting platform
  • Designed the Tripartite agreement to execute the supply chain network design and distribution models
  • Identified the gaps in the infra and resource requirement with channel partners in-line with company’s growth aspirations
  • Ensured that partners are booking the weekly sales through in DMS and ensure correctness of actual inventory vs DMS inventory

Business Operation Specialist

Mckinsey
Gurgaon
12.2010 - 06.2013

Lead Work Streams- Business Transformation, Strategy Execution, Asset Sweating, Due-diligence, Manufacturing Strategy formulation, Opportunity Diagnostic, Throughput Maximization, Process Simplification, Lean Implementation, Setting and Running War Room and Project Management Office , Bench-marking, A-3 Dashboard, Training to Change Agents, Product Substitution, Product Improvement, Supply Chain Alignment, Reliability Improvement, Customer Satisfaction Improvement

  • Business Transformation, Manufacturing Operation, and Throughput Improvement, Loss Reduction, Manpower Productivity, for Indian Automotive Conglomerate
  • Reliability Improvement, Fleet Availability Improvement, Down Time Reduction, Problem-solving and Root Cause Identification, Postponement of buying decision for SE Asian Coal player
  • Lean Transformation, Yield Improvement- Yield equation, Design of Experimentation, Reactor Design & Experimentation, New Product Development, Planning & Scheduling, Equipment design changes to reduce power consumption, Thermal map of the value chain to identify energy loss in the form of excess heating/cooling and reheating and tap opportunity to design sustainable options for Chemical Product Manufacturing unit of Indian Conglomerate
  • Lean Transformation diagnostic to double the handling capacity for project cargo- break bulk, container handling, bulk material and jetty operation, process maturity and risk, Capacity building for largest private Port Operator from India
  • Purchase side Operational Due Diligence to facilitate acquisition of Indian Target, long-term synergy assessment, Product development, Portfolio Extension, and operational viability and sustenance for EU-based MNC player
  • Coached and Trained Client team about Daily Management, Structured way of Problem-solving, Management through way of escalation, Design and drive KPIs, OEE, Throughput
  • Participated in team-building activities to enhance working relationships.
  • Worked within applicable standards, policies and regulatory guidelines to promote safe working environment.
  • Delivered services to customer locations within specific timeframes.

Senior Consultant: Strategy-Supply Chain-Operation

KPMG
Gurgaon
10.2008 - 12.2011

Business Management Advisory, Senior Consultant, Business Performance Services ( BPS) KASPL Lead Projects to deliver: Business Transformation, Strategy Formulation, Business Development, Cost Optimization, Due Diligence, Market Entry Assessment, Sales Enhancement and Margin Improvement, Manpower Planning, Business Planning.

Strategy Assignments:

  • Business Plan, Financial Modelling and Market Entry- SEZ
  • Business Revival Plan of Fertilizer Plant
  • Partner Selection and SPV-Stainless steel SEZ
  • Revenue and Profit enhancement- Power Transformer Manufacturer
  • Identify Value drivers- consumer durable
  • Business Performance Risk-Indonesian Coal Producer
  • T&D loss reduction, Customer Centric Strategy- Power Utility

Supply Chain/ Operation Consulting Assignments:

  • Supply Chain, Cost & Throughput optimization, loss & inventory reductionSteel player
  • Technological, Process Automation Assessment- Steel player
  • Material loss reduction, material reconciliation in outbound logistics - Mining player
  • Process improvement and cost optimization- Automotive player
  • Inventory optimization, CXO MIS and demand forecasting- Consumer Durable player
  • Order fulfilment LT reduction and service level enhancement- Transformer manufacturer
  • Value Chain Optimization diagnostics- Cold logistics player
  • Supply Chain & Procurement Optimization assessment- Packaging manufacturer
  • Cost optimization diagnostic- Paper manufacturer + Green Supply Chain assessment- Plywood manufacturer
  • NPD LT reduction for ETO products- engineering player
  • Industrial Park Business Plan- Anchor player and infrastructure requirementSEZ
  • Process-centric organisation structure- Engineering Player
  • Value drivers, CXO MIS, sales return, dealer distributor survey, cash to cash cycle, forecast accuracy, counter management, schemes effectivenessConsumer Durable
  • OEE & Process productivity assessment- International coal producer
  • Enterprise-wide BPR- power distribution company

Senior Consultant: BAS Org & Info System

Ernst & Young
Gurgaon
10.2007 - 10.2008

Lead & Drive the work-streams: Business Transformation, Business Process Re-engineering, Supply Chain Optimization, Cost optimization across value chain, Throughput Improvement, Working Capital Management- Inventory Optimization, MIS and KPI’s, Value Engineering, Production Planning and Operation Scheduling, Product Quality Improvement, Maintenance Improvement, Process risk assessment

Key Assignments

  • Enterprise-wide Business Transformation for Indian Milk and Dairy Product Manufacturing Company
  • Supply Chain Optimization, Process Transformation, and Productivity Improvement for India Steel Company
  • Cost Optimization and Supply Chain Transformation for Indian Switch Gear Company
  • Participated in continuous improvement by generating suggestions, engaging in problem-solving activities to support teamwork.
  • Identified issues, analyzed information and provided solutions to problems.

Opportunity Assessment/ Diagnostics

  • Supply Chain optimization for Indian Automotive player
  • New Product Development Program Management Office for Indian Food & Beverage Player
  • Casting, Forging, and MTO-based order fulfillment for an Indian player in Coal-based dust separation unit manufacturing

Team Lead Business Process Re-engineering

Satyam
Mumbai
08.2006 - 10.2007

Business Process Re-engineering Team Lead at Satyam Computer( Now Mahindra Satyam); Page 8 of 10 Conducted BPR of Automotive Parts Manufacturing Organization( Engines, Values, Bearing, Gensets). Transformation of organisation to enhance the Customer Order Fulfillment and New Product Development Processes

  • Improved the Customer Order Fulfillment Lead Time from 4 weeks to 1 weeks through reduction of NVA’s and setup times across value chain
  • Improved New Product Development lead time from 30 months to 18 months through installation of Lean Stage gate process
  • Improved the On time in full (OTIF) from 40% to 85% and Due date performance (DDP) from 55% to 95%
  • Change Bill of Material (BOM) planning, ERP run frequency, material code management and redesign the order cascading in ERP system for different production shops
  • Performed the change readiness inventory across organization and developed the change management program
  • Developed the process-centric organisation structure and design the interaction mode
  • Measured the change readiness inventory and developed the change management plan

Manager of Operations

Tata Steel
Jamshedpur
07.2000 - 06.2005

Worked as a manager of operation, managed~100 employees, responsible for planning, scheduling, throughput, budget, cost, safety, compliance and employees welfare

  • Worked as a Facilitator for ~2 year to executive the Mckinsey TOP program ( Total Operational Program) for RMD division; to help in journey to achieve the lowest cost steel producers
  • Conducted Annual operating Planning (AoP), Prepared monthly cost sheet and budget sheet, KPIs base level and improvement plan.
  • Acted as Management Representative for ISO quality system execution as a lead auditor
  • Led and Implemented multiple six sigma projects to improve the throughput, productivity and OEE of the machine & system
  • Acted as a manager model machine, implemented Total Productive Maintenance ( TPM) and improve the reliability of the machine from existing 70% to 95%
  • Implemented process improvement to shape organizational culture, optimize procedures for higher efficiency and help company evolve and grow.
  • Prepared annual budgets with controls to prevent overages.
  • Worked in matrix management environment with oversight of division level managers, operations, sales, finance, human resources, safety and compliance.
  • Reduced process bottlenecks by training and coaching employees on practices, procedures and performance strategies.
  • Collaborated cross-functionally to refine procedures, devise best practices and enforce quality metrics.
  • Introduced new methods, practices and systems to reduce turnaround time.
  • Reviewed operations reports to understand numbers and trends.
  • Led improvement initiatives to advance operational efficiencies and increase revenue.

Education

Executive Leadership Program - Transformational Leadership

INSEAD WORLD BUSINESS SCHOOL,
Singapore
08.2017 - 07.2018

MBA - Supply Chain And Operation Management

SP JAIN INSTITUTE OF MANAGEMENT & RESEARCH Mumbai
Mumbai
07.2005 - 07.2006

Bachelor of Technology - Mining Engineering

IIT JEE, INDIAN INSTITUTE OF TECHNOLOGY
Varanasi, India
07.1996 - 06.2000

Doctorate -

Swiss Business School
Swiss Business
01.2021 - 01.2024

Data Science: Professional Certificate in Data Science | HARVARD Online | 2022 | 8/9 modules completed, capstone -

Harvard X
Edx Online
04.2021 - 12.2022

Block Chain & Meta Verse

Block Chain Council
Online
07.2022 - 12.2022

Master Level Program Online -

Sandford University
Online
01.2015 - 12.2015

LEAN: LEAN Certificated Professional | LEAN MANUFACTRUING - undefined

EFQM: Transformation Lead - Transformation & Sustainability

EFQM
07.2021 - 12.2023

Six Sigma Master Black Belt Certified Professional | MBB Certified Professional - Six Sigma Master Black Belt

Expert Rating
01.2015 - 12.2015

QMS: ISO - QMS 2000

Quality Management International
Online
10.2002 - 10.2002

Agile: Agile Certificated Professional | IC - Agile Project Management

IC Agile
01.2015 - 03.2015

Skills

Capability Development, Training & Future Ready CapabilitiesGlobal Business Transformation- Digital, Biz DisruptionSupply Chain Optimization, Network Design, S&OPExcellence LEAN-Six Sigma-TQM-TOC-Kaizen-5STurnaround & Restructuring, Strategy ExecutionGrowth, Sales, Channel Mgt, B2B,B2CEFQM, ISO, Deming, TQM, Customer NPSGlobal Program Management- Cross function & GeographiesOrder Fulfillment, OTIF, DDP, Forecasting, SLAsDue Diligence, Post Merger Integration, Org Re-structingAgile Digital Change Development & TransformationSource-Procure, Logistics, Demand & Supply, P2P,O2C7 Steps NPD, MVP, VA/VE, QFD, DoE, Design ThinkingBudgeting, Fin Planning, Cost Reduction, WCIterative, Scrum, Daily Management

Data Science- Business Analytics, R, AI-ML, Data analysis understanding

Financial Transformation, Operations and finance expert, Complex data transformations

Strategic planning, Planning and Coordination, Critical Thinking

Sales and marketing, Training and Development

Annual Planning, Budgeting, Sales Planning and Growth Initiatives

International purchasing, Supply chain distribution, Negotiating

Multi-plant experience, Account management, Contract Negotiation

Timeline

Block Chain & Meta Verse

Block Chain Council
07.2022 - 12.2022

EFQM: Transformation Lead - Transformation & Sustainability

EFQM
07.2021 - 12.2023

Data Science: Professional Certificate in Data Science | HARVARD Online | 2022 | 8/9 modules completed, capstone -

Harvard X
04.2021 - 12.2022

Finance Transformation

Signify, Formerly Philips Lighting
04.2021 - Current

Doctorate -

Swiss Business School
01.2021 - 01.2024

Business Transformation

Philips Lighting
09.2018 - 06.2021

Executive Leadership Program - Transformational Leadership

INSEAD WORLD BUSINESS SCHOOL,
08.2017 - 07.2018

Project Manager

Renoir Consulting
06.2015 - 09.2018

Master Level Program Online -

Sandford University
01.2015 - 12.2015

Six Sigma Master Black Belt Certified Professional | MBB Certified Professional - Six Sigma Master Black Belt

Expert Rating
01.2015 - 12.2015

Agile: Agile Certificated Professional | IC - Agile Project Management

IC Agile
01.2015 - 03.2015

Senior Manager | Supply Chain | Sales & Operation

Samsung Electronics
06.2013 - 05.2015

Business Operation Specialist

Mckinsey
12.2010 - 06.2013

Senior Consultant: Strategy-Supply Chain-Operation

KPMG
10.2008 - 12.2011

Senior Consultant: BAS Org & Info System

Ernst & Young
10.2007 - 10.2008

Team Lead Business Process Re-engineering

Satyam
08.2006 - 10.2007

MBA - Supply Chain And Operation Management

SP JAIN INSTITUTE OF MANAGEMENT & RESEARCH Mumbai
07.2005 - 07.2006

QMS: ISO - QMS 2000

Quality Management International
10.2002 - 10.2002

Manager of Operations

Tata Steel
07.2000 - 06.2005

Bachelor of Technology - Mining Engineering

IIT JEE, INDIAN INSTITUTE OF TECHNOLOGY
07.1996 - 06.2000

LEAN: LEAN Certificated Professional | LEAN MANUFACTRUING - undefined

VIVEK SRIVASTAVADriving Global Business & Finance Transformation | Strategy, Glidepath & Change | Digital & Data | Growth-Margin | Transition | Commercial-Operational Excellence | Inventory- Control Tower | Global Service Center |