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 Capabilitiesundefined

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 |