
Sarthak Panda
Associate Consultant

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About me
Master in Management & Innovation | Technical University of Munich | School of Management | Top 50 University of the World | Top 1 percent of Business Schools(Triple Accredited)
Education

Technical University of Munich
2022 - 2024Master's degree Master in Management and InnovationFlagship course in the world with rich experience in Management and Innovation. Germany's Top University

Kalinga Institute of Industrial Technology, Bhubaneswar
2016 - 2020Bachelor of Technology - BTech Computer Science engineeringActivities and Societies: -Presented a paper on “Study of Women Empowerment based on ML using Big Data Techniques” in 2nd Technovision event, School of Computer Engineering, KIIT, Oct’ 2018 Partaken in Coca-Cola Youth Speak Forum on Entrepreneurship & Leadership, Sep’2016 -Completed the Proficiency Development Course in German Language at School of Languages, KIIT, Aug’ 2021. -Completed Bigdata-Hadoop training from Nimble Tech, Bhubaneswar, Feb’2018 Studied Computer Science and Engineering and have been in the top 20% student.

Aalto University Executive Education and Professional Development
2023 - 2023Design Thinking & InnovationActivities and Societies: I visited the first Design Thinking lab in the world at Aalto University Finland. Mastered the skills of Design Thinking, Business idea prototyping and Ideation. Curated the business pitch for the idea and worked in the Design Thinking lab to generate the first viable version of the solution.
Experience

Raiar Technologies
May 2020 - Sept 2020Associate ConsultantResponsibilities-Involved in client prospecting and responsible for the RFI/RFP process.-Responsible for executing PoC s for API integration involving applications hosted in the Cloud for clients.-Modelled the Disaster Recovery strategy for all the different integration applications in the landscape.-One of the key resources to work on complex project requirements and work directly with clients to gather requirements, effort estimation and implementation.

Wipro Limited
Sept 2020 - Aug 2022Senior ConsultantResponsibilities:-Responsible for management and technical consultancy for the insurance business for project and product management services.-Responsible for assessing the current state of the applications, conducting pre-study and developing migration plans to the latest versions for various applications. Example- Pre-study to assess the current customer landscape of an Indian insurance provider-Responsible for maintaining executive relationships to manage delivery priorities (Product Backlog, User stories in Sprints), issues and risks (RAID log), including planning and adopting product roadmaps and security requirements.-Participated in the Change Advisory Board meetings for approvals for enhancements.-Involved in constructive collaboration with product, marketing, procurement, and sales teams to perform market research and identify key partnership and joint product offering opportunities.-Actively involved in selecting strategic products & providers for the enterprise landscape and preparing RFPs/RFIs.-Defined Decision Matrix for evaluation of solutions and various business requirements.-Managed a team of 12 FTEs for the Application maintenance and service delivery continuity.-Well-versed with the DevOps model and worked in all life cycle stages of project delivery.-Tools: ServiceNow, ITSM, Eclipse J2EE, Solaris 11.4, Eventgrid, Birt tool, Tableau Show less

Kaufland
Apr 2023 - May 2023Strategy ConsultantWorked on a Transformation project along with the Kaufland team to propose prospective solutions.The project outcomes were reviewed by TUM Academia and Kuafland stakeholders.Responsibilities-Identified the technological uncertainty in purchasing processes for the next five years of roadmap 2027, focusing on significant investments and commitment required across business divisions from a technology perspective.-Analysed Kaufland’s current IT usage in supply chain management and suggested integrating new technologies like AI, RPA, Blockchain, Cloud Computing, and Immersive Technologies (VR/AR).-Proposed specific applications of AI in purchasing, including predictive supplier performance analytics, inventory optimisation, and fraud detection using machine learning.-Recommended RPA(UiPath) for automating invoice verification to improve efficiency and accuracy in operational processes.-Explored Blockchain’s potential in enhancing supply chain transparency and smart contracts, citing case studies like Pfizer and Walmart.-Highlighted Cloud Computing’s role in facilitating real-time data access and collaboration between Kaufland and its suppliers.-Investigated VR/AR for product evaluation and virtual collaboration, enhancing the purchasing team’s decision-making process.-Provided strategic implementation suggestions for each technology, considering Kaufland’s specific context and industry trends.-Addressed challenges and emphasised the importance of accurate data and strategic adoption in retail technology. Show less

Murdio
Jul 2023 - Dec 2023Strategy ConsultantStrategy Consultant for Marketing Strategy development for Principal business expansionResponsibilities-Responsible for developing growth strategies to increase company brand visibility and develop the knowledge base to cater to targeted client segments. Example-Positioning product for pharmaceutical clients.-Responsible for in-depth market research and providing analysis reports for European product expansion and adoption.-Work with the Sales team to position products to strategic German customers for portfolio expansion.-Deliver business roadmaps and aspirational target states for specific business segments. Example- Use case identification for Data Governance requirements for a pharmaceutical organisation based out of Germany.-Worked with quality assurance teams and met the KPIs & OPIs.-Worked with sales teams from Poland and Munich to coordinate data management & governance product (Collibra) positioning to pharmaceutical clients. Created sales pitch decks for client prospecting.-Facilitated cross-functional team collaborations, ensuring alignment of technological solutions with business goals and KPIs. Show less

Fungtional.bio
Oct 2023 - Jan 2024Business Development ConsultantI was working on a groundbreaking project in the liquid fermentation industry, where I led the development and implementation of a strategic pricing strategy for Fungtional.bio. This initiative provided me an opportunity to deeply immerse myself in the unique market dynamics of this sector, requiring the formulation of a pricing model that harmonizes with our core business goals while simultaneously maximizing customer value. The project was an intricate blend of thorough market research, innovative financial modeling, and seamless collaboration with the exceptional team at Fungtional.bio & TUM. It was a journey marked by meticulous data analysis and strategic decision-making aimed at redefining market trends and fostering business growth.Responsibilities-Developed a comprehensive pricing model for a liquid fermentation industry client, focusing on two innovative business models: Database and Digital Twin.-Performed market and competitor analysis by interviewing potential competitors and customers to get insights into pricing strategy or model from competitor perspective and customer know-how.-Created personas and analogues and drafted value propositions for the company that helped analyse the pricing strategy.-Outlines different pricing models and strategies for start-up businesses like subscription, tyre pricing, and freemium pricing.-Leveraged advanced data analysis, derived pricing strategy, and performed solution design and architectural planning. Show less

Siemens Healthineers
Jan 2024 - Mar 2024Business Development ConsultantI had the distinct pleasure of joining Siemens Healthineers, during which I led the strategic development and implementation of Lean Portfolio Management (LPM) practices to bolster business efficiency and success. My key focus was on the ideation and creation of a prototype tailored to refine LPM processes within the organization.To accurately pinpoint organizational pain points, I conducted in-depth interviews with 15 stakeholders, gathering critical insights that informed my approach. Leveraging the principles of Design Thinking, I crafted a prototype that bridged the gap between current 'AS-IS' and desired 'TO-BE' portfolio management models.ResponsibilitiesStrategizing and overseeing the execution of LPM to enhance organizational performance and project alignment with business objectives.Developing and validating strategies for customer acquisition, ensuring our value proposition resonated strongly in our market engagement efforts.Validating and iterating business models and minimum viable products (MVPs), fostering continuous improvement cycles to drive product excellence.Collaborating closely with stakeholders from various Siemens Business Units and customers to guarantee smooth portfolio management and alignment with client needs. Show less

Munich Re
Apr 2024 - Sept 2024Strategy ConsultantStrategy Consultant: Product/Platform Management for strategic business expansionResponsibilities-Analysing various platforms within the organisation’s digital & business technology function to ensure smooth technology adoption across various Reinsurance, Primary insurance and Specialty insurance verticals. -Performed product selection, commercial assessment, software, and vendor/provider procurement management (RFP/RFI) using internal vendor selection tools and metrics. -Responsible for creating and adopting strategic product architecture adhering to the organisation’s data and security compliance processes.-Presented strategic recommendations to senior management, influencing new technology adoption decisions.-Well-versed in IT Compliance, Third Party Risk Management (TPRM), Governance (Solution Design Forum, Architecture Review Board), Change management and Audit (BaFin, DORA) processes.-Updated LeanIX and CMDB Business Application Lifecycle management information for newly onboarded IT products.-Researching AI innovations, focusing on their applications in asset management and claims processing for P&C insurance and developing the key metrics for adopting AI in decision-making in the organisation.-Worked with CTO and team to develop the Technology Trend Radar (TTR) of Munich RE & ERGO. (Collaborated with teams across Dusseldorf, Mumbai, Munich)-Organised Business Technology Exhibition 2024 with a team of experts to showcase the innovation and future of technology to senior executives and board members.-Collaborated with the Strategy & Innovation unit of MRE to deep dive on client prospecting in the Life & Health & Non-life line of businesses (US for Specialty lines, EMEA Germany, Poland).-Collaborating with the Data Analytics and Automation (DAA) department to create new communication channels in LowCode, No Code (Power Apps) solution for engagement with business and customers for P&C Line of Business (LoB). Show less
Licenses & Certifications
- View certificate

Empowering Product Management with AI
SAFe by Scaled Agile, Inc.Sept 2025 .webp)
Generative AI for Executives
Amazon Web Services (AWS)Apr 2024- View certificate

BCG - Introduction to Strategy Consulting Job Simulation
ForageApr 2024 - View certificate

Certified SAFe® 6 Product Owner/Product Manager
SAFe by Scaled Agile, Inc.Sept 2025
Volunteer Experience
Volunteer
Issued by KISS - Kalinga Institute of Social Sciences on May 2023
Associated with Sarthak Panda
Languages
- enEnglish
- hiHindi
- geGerman
- odOdia
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