Muralidhara Reddy

Muralidhara Reddy

Internal Audit Manager

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location of Muralidhara ReddyBengaluru, Karnataka, India

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  • Timeline

  • About me

    Vipassana - The Art of Living

  • Education

    • The Institute of Chartered Accountants of India

      1985 - 1989
      Chartered Accountant Accounting and Financial Management
    • Rutgers Business School

      2006 - 2007
      Master of Business Administration - MBA Finance and Marketing
  • Experience

    • Hindustan Powerplus Limited

      Dec 1989 - Mar 1993
      Internal Audit Manager

      Joined Hindustan Powerplus Limited, a Joint Venture between CK Birla Group of Companies and Caterpillar Inc as an Internal Audit Manager. Established Corporate Procedures, conducted several management and internal audits to drive business efficiencies, process improvements and initiated and fully implemented Perpetual Inventory System for the Engine Manufacturing Facility.

    • Caterpillar Inc.

      Apr 1993 - May 2016

      Responsibilities: Led the development of Strategy, Planning and New Market Introduction of Paving Products to South Asian Markets -- India, Sri Lanka, Nepal and Bhutan* Introduction of new products to South Asia Markets* Development of market driven technologies, products and solutions* Branding and adaptability of plans to penetrate low priced markets like India, Sri Lanka etc* Optimized solutions for the enterprise which included in exploring the possibilities of contract manufacturing, leasing of facilities* Supply chain capabilities* Development of go-to-market strategies and implementation thereof Show less Responsibilities: Sales Revenue, Business Growth and Market Share for Excavators, Wheel Loaders, Motor Grader and Dump Trucks in South Asian Markets of India, Sri Lanka, Nepal and Bhutan.* Led turnaround of business.* Lead Sales and Business growth from US$40M to US$80M+* Grew market share from 4% to 12%* Led and gave leadership for new product introduction - specifically designed emission norms compliant Motor Grader 120K2* Led the introduction of Medium Excavators - 320D2 for India Markets. For the first time the product was manufactured at India based facility at Thiruvallur, near Chennai.* Introduced Large Wheel Loaders - 988s to Indian Mining and Coal Fields* Introduced Centre Mounted 770/772 Dump Trucks for Quarry, Aggregate and Cement Industries* Introduced Advanced Technologies such like -- Vision Link, Product Link, AccuGrade etc to the Indian Market to enhance productivity and to lower cost per unit for the Caterpillar customers.* Brought variety of work tools and enhanced product usage and portfolio* Deeply worked with dealer organisations to augment their capacities and capabilities; so that they can serve customer more effectively and efficiently* Implemented "Go-to-Market" Strategies* Built People, Organization and ensured Talent Pipeline and Succession Plans were all in place* Enabled Introduction of New Products, Solutions and Services to the market* Supported and enabled customer demos, training and learning centres Show less Led Six Sigma roll out to all Asian Manufacturing facilities covering Australia, Indonesia, India and China. Implemented Six Sigma disciplines, aligned with the Corporate Strategy, with rigor at all the manufacturing facilities . Six Sigma Master Black Belts reported to me. Together we as a team and by partnering with General Managers of the Manufacturing Facilities, we drove process improvements and enhanced profitability by $100 Million during this period. Straight savings in costs or in other words the earnings reported were healthier by US$100 Million in this period for the company. In addition, both Velocity and Quality metrics improved dramatically by 2x to 3x. Show less Developed comprehensive manufacturing and business strategy for three Caterpillar facilities located in Hosur, Pondicherry and Thiruvallur. Lead the Corporate Initiative to implement Six Sigma Framework and the Umbrella Strategy to drive quality improvements, costs optimization and velocity metrics. Worked on improving supply chain capabilities. Partnered with key suppliers to improve quality and inventory reduction. One of the key members of integration of manufacturing facilities and people's engagement and their career development. Show less Primarily was responsible to grow aftermarket sales of Spare Parts for Caterpillar Engines and the Diesel Power Generation Sets. The market share for aftermarket parts sales for Caterpillar was hovering around 45%, and in 4 years time, using several growth strategies, customer centric support systems and processes, dealers training and capability enhancements, inventory management and efficient logistics, we drove the market share to 85%. The sales revenues in absolute rupee terms jumped from Rs.120Million to Rs.600Million; a 500% growth. This brought repetitive purchases of main engines and diesel generator sets by the customers. This also increased customers confidence on Caterpillar and its dealers distribution network mainly on aftermarket sales, service and support. Show less

      • Director Strategy Planning & Growth - Paving Products

        Jul 2014 - May 2016
      • Director Sales - Global Construction & Infrastructure, South Asia

        Jan 2010 - Jun 2014
      • Director - South Asia Business Development

        Jul 2009 - Dec 2009
      • Director Of Process Excellence - China Manufacturing Facilities

        Jul 2006 - Jun 2009
      • Director Of Six Sigma

        Aug 2004 - Jun 2006
      • Senior Manager - India Business (Strategy, Six Sigma & Process Excellence)

        Apr 2002 - Jul 2004
      • Country Sales Manager

        Jul 1997 - Mar 2002
      • Manager Exports

        Apr 1993 - Jun 1997
    • MyOtels.com

      Jun 2016 - Jul 2019

      As a Chief Advisor my job is to guide, coach and mentor the Operating Team.myOtels.com is an aggregator of aggregators. Therefore myOtels.com is a perfect platform to book hotel rooms online. Customers neither need to download multiple apps nor required to browse multiple travel sites to find out who is giving the best prices for their favourite hotel. The powerful engine of myOtels.com does that for you! myOtels.com enables customers to book the favourite hotel at the best possible price in simple three steps.Spread across 191 countries to cover 75,000 beautiful locations and offering nearly 600,000 Hotel Properties to suit anyone's taste and preferences. Guaranteed prices, hotels and world class amenities come with every single reservation made at myOtels.comWhat does this all mean? As a customer you will save Time & Money while booking your Hotel Room at myOtels.com site! Book your hotel room now! Let be it for business, pleasure or leisure. Look no further for a better deal! Show less

      • Chief Advisor

        Apr 2019 - Jul 2019
      • Co-Founder & CEO

        Jun 2016 - Mar 2019
    • Freelance

      Aug 2019 - Jul 2021
      Sustainability Advisor

      Help, coordinate, assist and advice organisations (both profit and non-profit) to develop their sustainability roadmap; and can also be a member of the execution team. Intent and execution should go together, and precisely I do that for organisations of all types and all sizes. Let me know if you need any assistance in your sustainability or CSR programs.

    • Self-employed

      Aug 2021 - Mar 2022
      Financial Coach

      I teach and coach what I achieved for myself i.e. financial independence. I put an end to a lifestyle that was living paycheck to paycheck. To get to know more, learn the insights and replicate the same for yourself, write to me: reddy298@gmail.com and get your 90 minutes free session.When you are financially independent you get to choose what you want to do with your time. Time is the biggest asset one can have on any day!

    • Psimonix

      Mar 2022 - Jul 2022
      Chief Operating Officer

      Psimonix is an EEG Technology company that develops algorithms to measure substance levels in the body non-invasively and in real-time from EEG data. EEG stands for Electroencephalography. EEG is an electrophysiological monitoring method to record the electrical activity of the brain. The EEG device detects these electrical impulses non-invasively from the surface of the scalp and they are viewed as waves on a digital screen.PsiSense is our product.Why use PsiSense? Mind-body awareness, Peak Performance tracking, Wellness, Health Screening, the possibilities go on…Our vision is to empower the mind-body connection for human upliftment.Pathbreaking and ground breaking technology on your way for human upliftment and benefits. Show less

  • Licenses & Certifications

    • Six Sigma

      Cat University
      Aug 2001