Lavkush Singh Email and Phone Number
As an MBA graduate from Toronto Metropolitan University, I bring a passion for strategic sourcing and supply chain management to the consumer goods industry. My academic journey was marked by excellence, earning the Ted Rogers Graduate Entrance Award and the 2019 Ted Rogers People's Choice Award. My interests lie in optimizing procurement processes and driving innovation in supply chain operations. Over 7 years of hands-on experience in the consumer goods industry, specializing in strategic sourcing, new product development, and vendor management. At IFB Industries, led the development of Supplier Base for Refrigerator greenfield project, Achieved the targeted BOM cost reduction through innovative sourcing strategies. At Godrej & Boyce, spearheaded multiple projects resulting in significant cost savings and quality improvements.Passionate about driving innovation in procurement processes and creating sustainable, efficient supply chains. Seeking opportunities to apply my expertise in cost optimization, supplier relationship management, and data-driven decision-making to tackle complex supply chain challenges in a global context. Committed to staying at the forefront of industry trends and leveraging emerging technologies to revolutionize procurement practices.
Ifb Refrigeration Limited
View- Website:
- ifbappliances.com
- Employees:
- 79
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Strategic Sourcing ManagerIfb Refrigeration Limited Feb 2023 - PresentPune, Maharashtra, India1)Strategic sourcing of packaging and injection moulding commodity2) Lead for cost innovation projects3) BOM estimation and cost management 4) Cooling Commodity (Compressor, Seal system Parts) Lead5) Cost Innovation Program leader -
Sourcing ManagerBennett Coleman & Co. Ltd. (The Times Of India) Oct 2022 - Feb 2023Mumbai, Maharashtra, IndiaIndirect spend management for west region -
Assistant Manager Strategic SourcingIfb Industries Ltd Feb 2021 - Oct 2022• Developed the vendor base for 200+ components for IFB Refrigerator project in stipulated timelines• Developed new vendor for Refrigerator product sourcing at 15% lower cost compared to existing sourcing• Developed the strategy document for negotiation of key commodities based on supply market analysis• Negotiated all IT and service contracts for the new IFB Refrigerator plant• Developed new vendor for PCBA in India at 10% lower cost compared to existing imported source• Lead the cost innovation team at IFB to bring down the overall BOM cost of product by should cost analysis,competition benchmarking, tear down analys -
Graduate Teaching AssistantTed Rogers School Of Management At Ryerson University Jan 2020 - Apr 2020Toronto, Canada Area -
Deputy Manager Strategic SourcingGodrej & Boyce Mfg. Co. Ltd. Sep 2018 - Apr 2019Mumbai Area, India• Project lead for “Zero defect zero effect” quality improvement project, which resulted in a reduction of 40% incoming material rejection against target 25%• Developed new metrics for new supplier evaluation• Developed new standard templet for the bill of material (BOM) cost estimation, which resulted in a 50% reduction in time required to estimate BOM cost -
Assistant ManagerGodrej & Boyce Mfg. Co. Ltd. Jul 2014 - Aug 2018Mumbai Area, India• Sourcing team leader for new product development, successfully delivered 8 projects in 4 years within stipulated timelines • Lead the inventory reduction project, which resulted in a 3% reduction in working capital• Generated cost saving of 12% (INR 33 million) through Supplier consolidation and alternate negotiation strategies• Initiated and led localization project resulting in a 7% reduction in cost and 13% reduction in lead time• Spend analysis and devising a strategy for $5 million category• Prepared risk management & disaster recovery plan for each supplier to ensure quality and delivery as per the norms• Commodity trend analysis and devising a strategy for steel and plastic raw material procurement• Prepared and executed a new Supplier Quality Assurance Agreement• Handled contract management of global suppliers to get the best benefit of Quality, Delivery & Price -
Graduate Engineering TraineeGodrej Jul 2013 - Jun 2014Mumbai Area, India• Assessed the performance of the vendors based on various criterions such as percentage of rejections, technology, quality improvement rate, timely delivery, credit terms• Scanned markets for latest technologies, supplier and process benchmarking• Formulating and implementing the Annual and Strategic Business Plan• Generated cost savings worth INR 20 million through alternate sourcing, negotiation and value engineering in Steel category
Lavkush Singh Education Details
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First Class With Distinction
Frequently Asked Questions about Lavkush Singh
What company does Lavkush Singh work for?
Lavkush Singh works for Ifb Refrigeration Limited
What is Lavkush Singh's role at the current company?
Lavkush Singh's current role is Strategic Sourcing & Supply Chain Manager | 7+ Years in Consumer Goods | Cost Reduction & Vendor Management Expert | MBA | Driving Innovation in Procurement.
What schools did Lavkush Singh attend?
Lavkush Singh attended Ted Rogers Mba At Ryerson University, Kj Somaiya College Of Engineering, Vidyavihar.
Who are Lavkush Singh's colleagues?
Lavkush Singh's colleagues are Ranjan Kumar, Ayan Das, Aravind A, Shareef Uddin, Rishabh Tiwari, Rajnish Shahi, Shekhar Gupta Gupta.
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Lavkush Singh
Key Account Manager Paytm(Team'Lead), Experienced B2B Sales Bancassurance| 5 + Years In Corporate, Channel & Bancassurance Sales | Expert In Bancassurance & General Insurance,[Ex- Kotak Life , Ex Icici LombardNoida -
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