Sumit Kumar

Sumit Kumar

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location of Sumit KumarBengaluru, Karnataka, India

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  • Timeline

  • About me

    Strategy & Ops Consultant, PwC(US)| National Finalist PwC case challenge| IIT B | CFA L1 candidate | Ex-TCE | NTU | MIT

  • Education

    • B.D Public School Patna

      -
      Class 10th 90.17%
    • Gyan Niketan Public School, Patna

      2009 - 2011
      Class 12 89%
    • Nottingham Trent University

      2021 - 2021
      Summer School
    • RV College Of Engineering

      2012 - 2016
      Bachelor of Technology (B.Tech.) Mechanical Engineering First Class with Distinction(8.63/10)
    • Indian Institute of Technology, Bombay

      2020 - 2022
      Master of Business Administration - MBA Finance 8.04/10
  • Experience

    • Tata Consulting Engineers Limited

      Dec 2016 - Jun 2020

      1. Handled 9 domestic and international projects having a combined worth of 40+ crore in multiple domains2. Expedited design of 13 Km long material handling system to facilitate end to end material transfer from mines3. Spearheaded and improved more than 140 critical system drawings, which resulted in 13% cost reduction4. Conceptualized Coal mill safety system based on gas dilution concept to safeguard against explosive damage5. Developed technical and economic feasibility report to analyze four options of transportation of the Urea Achievements6. Felicitated with TATA Value award for developing an algorithm which resulted in 56% person-hour saving7. Received Instant Award at TATA consulting engineers Limited for 100 per cent on-time project completion8. Felicitated with Employee of the month award for successful on-time completion of urea handling project9. Achieved 500+ person-hours saving in FY19 by streamlining design calculation for multiple core systems Show less

      • Senior Engineer- Mechanical

        Dec 2017 - Jun 2020
      • Graduate Engineering Trainee

        Dec 2016 - Dec 2017
    • Technology Club, SJMSOM IIT Bombay

      Jan 2021 - Jun 2022
      Member
    • E-Cell, IIT Bombay

      Jan 2021 - Feb 2021
      Coordinator (R&D) E-Cell IIT, Bombay
    • Indian Institute of Management, Lucknow

      Mar 2021 - Mar 2021
      Campus Ambassador

      Campus ambassador for the FabFest'21 organized by Indian Institute of Management(IIM), Lukhnow.

    • Del Monte Foods Private Limited

      Apr 2021 - Aug 2021
      Summer Intern

      1. Created an automated invoice tracking system using machine learning to improve cash collection cycle2. Assessed the individual supply chain challenges of 390 key accounts with a focus on inventory and offtake3. Evaluated pricing strategies of major competitors in Dips & spreads segments for 9 tier-1 cities and 125 SKUs 4. Conducted market research for entry in Hot Sauce segment after analyzing industry’s competitive landscape5. Analyzed pricing strategies of major players in green & flavored tea segment for 9 tier-1 cities and 28 SKUs Achievements6. Designed a dashboard using Tableau to improve SKU tracking efficiency by 6% for E-commerce platforms7. Identified certain SKUs, leading to an increase of 12% in the ticket size to key accounts during the pandemic Show less

    • VFS Global

      Jun 2021 - Jul 2021
      Summer Intern

      Successfully completed financial modelling and cost-benefit analysis of the ThankBank project worth more than half-million USD for the whole South Asia region.

    • Indian Institute of Management Mumbai

      Jun 2021 - Sept 2021
      Student Ambassador

      Student ambassador for the Global Online Certification Course on ‘Business and Operations Analytics’ in association with Prof. David Simchi-Levi (Director, Data Science Lab and Professor - Business and Supply Chain Analytics at Massachusetts Institute of Technology (MIT), USA).

    • Massachusetts Institute of Technology

      Sept 2021 - Dec 2021
      Community Teaching Assistant(SC1X) | MIT on edX Micromaster Programme

      Key responsibilities include:▪ Helping nearly 20,000 enrolled students, answering their queries, providing guidance to learners, and sharing content expertise.▪ Acting as a liaison between MIT staff and learners community and reporting any bugs or errors in the course and escalate any pertaining issues.▪ Participating in weekly CTA and MIT staff meetings to improve course experience for learners

    • PwC

      Jun 2022 - now
      Experienced Associate (Strategy & Ops)

      Cost reduction projects:1. Successfully reduced working capital requirement by 2% through redesigned procure-to-pay (P2P) workflow for a major retail company for its indirect category.Digital transformation:1. Achieved significant cost savings by digitally transforming the R&A process for a large FMCG company, resulting in massive full-time equivalent (FTE) savings and streamlined decision-making.2. Collaborated with cross-functional teams to gather requirements, design solutions, integrate data sources, streamline data collection, enhance data analysis capabilities, and ensure successful implementation, 3. Developed and maintained key performance indicators (KPIs) to monitor the effectiveness of the digital transformation initiatives.4. Successfully trained employees on the new reporting and analysis tools and processes.Yield improvement project:1. Collected real-time data on process flow(P&ID), input raw materials, critical process parameters, and output products and prioritized parameters based on their controllability and variability.2. Optimized parameters and improved yield by 6% using a regression model to identify the most statistically significant parameters. Show less

  • Licenses & Certifications

    • Introduction to Corporate Finance

      University of Pennsylvania
      Aug 2020
      View certificate certificate
    • Initiating and Planning Projects

      University of California, Irvine
      Aug 2020
      View certificate certificate
    • Managing Project Risks and Changes

      University of California, Irvine
      Aug 2020
      View certificate certificate
    • Six Sigma Yellow Belt

      VMEdu Inc.
      Jul 2020
    • Excel Skills for Business: Essentials!

      Macquarie University
      Aug 2020
      View certificate certificate
    • Budgeting and Scheduling Projects

      University of California, Irvine
      Aug 2020
      View certificate certificate
    • Introduction to Financial Markets

      Indian School of Business
      Aug 2020
      View certificate certificate
    • Lean Six Sigma Green Belt (ICGB)

      KPMG
      Nov 2020
    • Time Value of Money

      University of Michigan
      Aug 2020
      View certificate certificate
    • Learning Excel: Data Analysis

      LinkedIn
      Dec 2020
      View certificate certificate
  • Honors & Awards

    • Awarded to Sumit Kumar
      Campus finalist Publicis Sapient-Product spotlight Publicis Sapient Oct 2021
    • Awarded to Sumit Kumar
      Campus finalist Publicis Sapient-Product spotlight Publicis Sapient Oct 2021
    • Awarded to Sumit Kumar
      Campus finalist Asian Paint chain reaction Asian Paint Sep 2021
    • Awarded to Sumit Kumar
      National Finalist PWC case challange PWC Sep 2021
    • Awarded to Sumit Kumar
      National finalist RB Global challenge 2021 Reckitt Sep 2021
    • Awarded to Sumit Kumar
      Campus finalist GEP Gameplan GEP Aug 2021
    • Awarded to Sumit Kumar
      1st Prize-Chess TATA Consulting Engineers Limited Dec 2019 First prize in chess among 134 players in the yearly sports events
    • Awarded to Sumit Kumar
      TATA Value Award for Technical excellence TATA Consulting Engineers Limited Dec 2019 Developed an automated system to design algorithm which resulted in 56% manhour saving
    • Awarded to Sumit Kumar
      Gold Medal in class 10th B.D Public School Jun 2009 Awarded gold medal for being Rank 1 in section.