Rahul Panikar

Rahul Panikar

Senior Purchasing Officer

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location of Rahul PanikarBengaluru, Karnataka, India

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  • Timeline

  • About me

    Senior Manager - Strategic Sourcing | Ex-Toyota | Ex-Ampere

  • Education

    • Gear Foundation

      1999 - 2005
      High School Diploma HIGH SCHOOL/SECONDARY DIPLOMAS AND CERTIFICATES
    • McMaster University

      2018 - 2020
      Master of Business Administration - MBA

      DeGroote School of Business (McMaster University)

    • Visvesvaraya Technological University

      -
      Bachelor of Engineering - BE Mechanical Engineering
    • Visvesvaraya Technological University

      2007 - 2011
      Bachelor's degree Mechanical Engineering First Class With Distinction
  • Experience

    • Toyota Kirloskar Motor

      Aug 2011 - Jul 2018
      Senior Purchasing Officer

      - Seven years of work experience in the Purchase division with wide exposure in Sourcing, Pricing, Parts Development, Project Management, and Supplier Performance Management- Independently handle over 40 suppliers in sourcing 35% of average car value (Managed up to 25 suppliers simultaneously, as against the division average per buyer of 8 to 10) :1) Resin group: Interior and Exterior Plastic Parts; Safety System Parts; Raw Material (number of suppliers: 22; purchase value: approx. 8000 million INR i.e. USD 120 million)2) Electrical group: HVAC, Radiator, Intercooler, Air cleaner, Electronic Control Unit, Wiper system, Fuel pump, Washer system, and Combimeter (10 suppliers; purchase value: approx. 7000 million INR i.e USD 105 million)3) Stamping group: Exhaust Systems; Alloy and Steel Wheels; Functional Parts (12 suppliers; purchase value: approx. 2000 million INR i.e. USD 30 million )- Involved in complete product lifecycle (feasibility → commodity strategy → sourcing → development → production) of new 2016 models (Toyota Innova; Toyota Fortuner)-Youngest member in the purchase department to mentor and supervise a team of new trainees; integrated them quickly into the team and met organizational targets in a timely manner. Total number of Trainees supervised: 4-Contributed significantly to achieving No. 1 rank in cost competition for global sourcing (Toyota Innova; Toyota Fortuner) - Responsible for sourcing, pricing, and enhancing cost competitiveness of a wide range of commodities such as Interior and Exterior Plastic Parts; Safety System Parts; Raw Materials, Lamps, HVAC, Radiator, Intercooler, Air Cleaner, Electronic Control Unit, Wiper System, Fuel Pump, Washer System, and Combimeter- Study commodity prices and its trends and draw up budgets for the division accordingly Show less

    • JTech Appz

      Nov 2019 - Sept 2021
      Managing Partner

      - JTech is a Software Development and IT Consulting company that specializes in website and app development and in online marketing. - Responsible for client acquisition and client relationship management. - Key account manager for 3 applications of an e-commerce and IOT startup: Flocco IN Pvt. Ltd. - Responsibilities included product lifecycle management, starting with market research, customer requirement assessment, and product structuring, followed by product deployment and post-implementation support, with a focus on ensuring client satisfaction. Show less

    • Flocco

      Sept 2021 - May 2022
      Head Of Operations and Manufacturing

      - Flocco is a IOT and grocery e-commerce startup with a mission to empower kirana stores through their innovative product and technology (mobile application + IOT hardware).- Part of the core founding team. - Responsible for sourcing, pricing, production preparation, and supply chain setup of the IOT device. - Responsibilities ranged from customer acquisition; kirana store and SKU onboarding; rider management; and overall strategic business decisions. - Worked as Consultant - Operations and Manufacturing from September 2021 – December 2021 when the company was being incorporated. Show less

    • Greaves Electric Mobility

      May 2022 - May 2023
      Senior Manager - Strategic Sourcing

      Worked on preparing sourcing strategies, supplier development and price negotiations for casting, forging and sheet metal commodity. eg: Alloy wheels, Steel wheels, Fork Stem, sheet metal fabrication parts. Focused on enhancing supply base quality standards and capacity availability whilst maintaining cost competitiveness.

    • Ather Energy

      Aug 2024 - now
      Senior Manager - Strategic sourcing and SCM

      Supplier Manager - Sheet metal, Fabrication and Fasteners

  • Licenses & Certifications

    • Advanced Open water Diver

      PADI
      Dec 2016
    • Toyota Advanced Buyer

      Toyota Motor Corporation
      Nov 2015
    • Toyota Basic Buyer

      Toyota Motor Asia Pacific
      Oct 2013
    • P2 Paragliding Pilot certificate

      Paragliding Association Of India (PAI)
      Oct 2022
  • Honors & Awards

    • Awarded to Rahul Panikar
      Entrance Scholarship DeGroote School of Business Aug 2018 Awarded entrance scholarship on account of academic excellence for the MBA program
    • Awarded to Rahul Panikar
      Contributed to achieving Global No1 ranking as the most competitive country during the sourcing of Resin components for Toyota -
    • Awarded to Rahul Panikar
      Runners-up (Basketball): Inter- University Tournament (VTU) -
    • Awarded to Rahul Panikar
      Winner (Football) - District level (Bangalore South) -
    • Awarded to Rahul Panikar
      Youngest trainer in division to date - Role enhancement from trainee to trainer in the span of 4 years
  • Volunteer Experience

    • Sadhanapada 23-24 participant

      Issued by Isha Foundation on Jun 2023
      Isha FoundationAssociated with Rahul Panikar