
Prashant Taksale
Graduate Engineer Trainee - Procurement

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About me
Senior Manager at ŠKODA AUTO Volkswagen | Ex-DAIMLER | Ex-TATA AUTOCOMP | Ex-MAHLE
Education

Adarsh Vidya Mandir
2003 - 2004SSC 80%SSC with Distinction from Mumbai Board

Government Polytechnic College
2004 - 2007Diploma in Engineering Mechanical Engineering 75%Diploma in Mechanical Engineering with Distinction

Bharati Vidyapeeth College of Engineering, Navi Mumbai
2007 - 2010Bachelor of Engineering - BE Mechanical Engineering 70%B.E.Mechanical from Mumbai University with Distinction

Welingkar Institute of Management
2013 - 2014Post Graduate Diploma In Management Business Administration, Management and Operations 64%PGDBM (Online Program)
Experience

IMA-PG INDIA LTD
Sept 2010 - Mar 2011Graduate Engineer Trainee - Procurement• Coordinated with vendors to ensure part development within specifications, meeting 100% of quality and timeline objectives.

MAHLE
Apr 2011 - Sept 2016Lead Engineer - Product Costing• Improved cost control accuracy during a 6-month on-site assignment in Germany, focusing on labour and machine rate calculations.• Oversaw a team to support product costing for MAHLE Germany, enhancing process efficiency and achieving 100% task accuracy.• Established cost benchmarks across global product lines, enabling 8% savings through comparative analysis of location-based manufacturing costs.

TACO Technical Centre
Sept 2016 - Feb 2019Program Cost Manager• Led program cost management for the Jeep Compass BSVI upgrade, achieving 38,000 INR/Car cost optimization through co-ordination between cost engineering and procurement for parts localisation and cost savings proposals.• Contributed to product differentiation by developing optional feature pricing, boosting revenue potential through enhanced vehicle customization.

Daimler India Commercial Vehicles
Feb 2019 - Sept 2021Senior Manager - Procurement Controlling• Planned annual material cost targets, enabling 3% reduction in raw material expenses through strategic supplier negotiations & contract logic.• Supported R&D and procurement teams to identify cost-saving opportunities, contributing to increase in overall budget efficiency.• Monitored raw material market trends and adjusted budget plans proactively to mitigate financial risk exposure due to price fluctuations.

ŠKODA AUTO Volkswagen India Private Limited
Sept 2021 - nowSenior Manager - Plant Cost Controlling• Spearheaded capex budgeting for 5-year and 10-year plans, securing 20% budget reductions through effective cost allocation and control. Tracked Capex expenses through unique WBS code in SAP and controlled project capex budget within limit.• Planned budget and tracked expenses for pre-series phase production & manpower costs, testing & homologation expenses, project travel costs through project wise unique code of internal order in SAP.• Performed depreciation planning & forecasting based on current and future planned assets capitalisation. Allocation of costs over car models based on production volume and defined allocation keys.• Conducted cross-departmental performance reviews (KPI) to identify risk and opportunity in Budget.• Handled 3 team members and trained for cost controlling profile. Show less
Licenses & Certifications

Fundamentals of Accounting and Finance
NorthStar Academy 'NSA'Mar 2025- View certificate
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Excel Crash Course - Spreadsheet Formulas for Finance
Corporate Finance Institute® (CFI)Apr 2021
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