Prashant Lungade

Experience

• 

  ITC Limited

  Nov 2011 - May 2012

  Management Trainee
• 

  ITC Limited

  Jan 2014 - Oct 2018

  Product Launch:• Delivered 10 new-to-market confectionery & bakery products leading product development to plant scale-up supporting a revenue stream of Rs. ~40 Cr p.a.• Led launches of 3 new-to-business segments in sweet goods – Clear Candy, Jelly Beans, & centre-filled HBC through in-house capability building.• Launched 3D teddy jelly, double colour jelly, scaling up output by 25%, reducing process defects & downtime by Poka Yoke (mistake-proof) solutions.• Achieved 90% schedule compliance & zero complaints by bridging functional gaps in Product Development, Quality & Manufacturing. Research & Development activity:• Achieved 20% cost reduction of existing products. • Responsible for technical activities related to raw material required for new projects.• Responsible for designing of specification, online parameters for new products. • Hand on recipe formulation, BOM preparation and new products developments in confectionery and bakery.• Responsible for conducting shelf life study of various sweet and baked products.• Responsible for alternative vendor development and cost optimization of raw materials. Show less • Responsible for conversion costing of products at contract manufacturing unit (CUMs)• Responsible for coordination between NPD team and production team and productivity improvement of new launched products. • Demonstrating excellence in line erection and start-up of manufacturing operation of new product.• Achieved cumulative savings of Rs. 2 Cr (over 3 years) through reduction in material wastage (Yield Optimization) • Delivered 20% reduction in material wastage by renewed forming process, efficient tracking mechanisms, & reduced process variation.• Enhanced candy line throughput by 30% by increasing bottleneck efficiency leading to saving of Rs. 7.6 lacs p.a. per plant additionally. Replication same achievement in other 05 sites. Show less

  • New Product Development

    Jun 2016 - Oct 2018

  • R&D Coordinator

    Jan 2014 - Jun 2016
• 

  Keva - Fragrances, Flavours & Aroma Ingredients

  Oct 2018 - Jul 2021

  Application and Evaluation Technologist - Flavours

  * New product development as per customer requirement * Innovation & co-creation * Rationalization of flavours, application & evaluation * Customer interaction and develop new customer segments* Customer visit for troubleshooting * Pilot & application lab management* Team coordination

• 

  Blendhub

  Jul 2021 - Jul 2022

  Technical Support Manager

  Blendhub is a multinational company that provides unique services for developing and producing powder based food, emulsifier, stabilizer and nutrition for FMCG.

• 

  Piramal Nutrition Solutions

  Jul 2022 - Oct 2023

  Product Manager
• 

  Cargill

  Aug 2023 - now

  Application Specialist - Confectionery, Cocoa & Chocolate