Prashant Khirekar

Experience

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  Booker India Pvt. Ltd., India

  Aug 2013 - Mar 2017

  Supply Chain Assistant

  • Carried out a wide range of activities, including vendor mapping, screening and relationship building for a cash/carry business set up in India• Performed sales forecasting by collaborating with sales officers and generated budget & formulated plans to attain desired targets• Managed several inventory levels such as safety stock level, re-order level and optimum level• Oversaw on-time purchase order process, follow up with suppliers for product delivery to Booker stores at Right Time with Right Quantity and ensured vendors are paid in-line with agreed payment days• Prepared operation performance metrics, Dormant, End of Life and Slow-Moving Stock, Liquidation Plan with Category Team• Organised weekly meeting with the trading team and escalated retail management issues also prepared Purchase Orders / Net Requirement via Polaris ERP System• Handled stock control operations including planning, forecasting and replenishment with all vendors• Created Supply Chain Performance Indicator reports including Cover days, Inventory value, Obsoletes, OOS, Allocation and updated same to the top managementKey Highlights• Administered supply chain functions of 6 Stores, 12 Departments and 10 FMCG Categories• Effectively maintained Turn-Around Time Analysis (TAT) for nearly 150 unique vendors with Case & Line Fill rate Show less

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  Reliance Retail Ltd., India

  Apr 2017 - Jul 2018

  Assistant Manager - Inventory Planning

  • Assessed sales forecast and gathered demand data from marketing/sales officers also coordinated with sales team to identify/source the new product offerings• Performed reviews of SKU Rationalization Initiatives for Promotional, Seasonal and Long-Term Business• Determined inventory levels such as Safety Stock Level, Re-Order Level and Optimum Level and evaluated Variances, Open Orders & Trend of Spend to enhance Buying Efficiencies• Attained SLA's/KPI's for On-Time Delivery, Inventory Turns, Inventory Accuracy and Material Flows• Prepared Operations Performance Metrics to track, measure, analyse and share reports supported by well-written commentaries with Buyer, Category Team & Top management• Minimised inventory cost and maximised ROI per sq. ft. area by eliminating slow-moving SKU's• Implemented best practices to maintain inventory health in adherence to company guidelines and expectationsKey Highlights:• Effectively maintained Stocking of Finished Goods of 250 Active SKU's, with 0.2% new SKU's per month• Successfully maintained Vendor Fill Rate (VFR) by > 97 % for Key-Value Indicators (KVI's) and ensured proper filling of the active 1043 JIO Point stores• Master Schedule Attainment (MSA) > 95% at a stretch, 2017 - 2018• Attained Average Inventory Turnover/ Cycle Count: < 18 Days at Store Show less

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  Bagzone Lifestyles Pvt Ltd., India

  Jul 2018 - Jul 2019

  Senior Executive - Lavie Handbag & Footwear Product Planning

  • Collaborated with sales & marketing team to forecast sales by considering historical sales trend• Carried out a wide range of operations including demand generation, OTB scheming Lavie Handbags & Footwear finished goods and performed follow-up with sourcing team for open orders from the vendor• Worked closely with quality assurance and logistic team for on-time product receiving at warehouses• Oversaw the inventory at national & regional warehouses and supported SAP- IT team for System Optimization & Implementation of simplified operating processes• Generated Inventory Data Management Trackers for Statistics analysis and inventory control such as Ageing & Sell-Through reportsKey Highlights:• Forecasted the Sales of 600 active SKU’s as per historical sales trend• Liaison with various departments to expedite on-time product availability Show less

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  Wind World (India) Ltd, India

  Jul 2019 - now

  Assistant Manager - Material Planning

  Material Resource Planning, Inventory Control & Management, Contingency analysis and Finished Goods Distribution Planning for Wind Energy Converter (WEC) / turbine restoration• Determining the required material for 300 Wish list SAP codes & 50 preventive maintenance materials SAP codes as stock items and facilitating the execution of Operations & Maintenance (O & M) activity for Historic material consumption trend at the component level• Accountable for identifying/evaluating shortages of Wish list stock vs SAP stock for EMR controlled locations and Wind World Operations (WWO) managed site locations• Collaborating with Central Wind World Operations team (WWO), evaluating/considering shortages and optimum utilisation of available SAP inventory of Wish list & preventive maintenance material across PAN India and finalising exact indent quantity at a component level• Effectively sharing 300 Wish list SAP codes & 50 preventive maintenance materials, including available stock reports and consumption stock report on a weekly & monthly basis along with Variance analysis to Top Management, EMR team and all stakeholders• Responsible for identifying Bi-weekly high-level stock on predefined stock level through Min-Max analysis and proportional distribution analysis as per norms in coordination with communicating to the Enterprise material resource (EMR) planning team for its Inventory balancing & diversionKey Highlights:• Supervised material contingency plan for 6000 Turbines with Rs.700 cr. inventory• Successfully deployed lean pull system for 40 warehouses PAN India• Governed Material Requirement planning for top 400 Operational Skus and Distribution planning of active 8000 Skus of Turbines• Spearheaded the team of 14 direct & indirect subordinates• Accomplished Master Schedule Attainment > 90%, 2019 - 2021• Effectively released stock reports, stock transfer reports, consumption reports with Variance analysis to all stakeholders within a stipulated time Show less