Prasanth P

Prasanth P Email and Phone Number

Business Head - Exports and Adjacencies (TI Cycles) @ Murugappa Group
Chennai, TN, IN
Prasanth P's Location
Chennai, Tamil Nadu, India, India
About Prasanth P

I am a dynamic and result driven professional with 26+ years of experience in managing P&L, Export business development, Strategic Sourcing, Vendor Development, Costing, Purchasing, Supply Chain Management, Material Planning, Plant Operations, Warehouse & Logistics with sound Financial Acumen and new Business / Project management end to end. I have spearheaded business development initiatives to identify new market opportunities and expand the company's customer base and product range. I’ve demonstrated deep expertise in using my purchasing skills to optimise Quality, Cost and Delivery parameters from Vendor base to yield stellar results for all relevant stakeholders.

Prasanth P's Current Company Details
Murugappa Group

Murugappa Group

View
Business Head - Exports and Adjacencies (TI Cycles)
Chennai, TN, IN
Website:
murugappa.com
Employees:
29115
Prasanth P Work Experience Details
  • Murugappa Group
    Business Head - Exports And Adjacencies (Ti Cycles)
    Murugappa Group
    Chennai, Tn, In
  • Murugappa Group
    Business Head - Exports & Adjacencies (Ti Cycles)
    Murugappa Group Oct 2023 - Present
    Chennai, Tamil Nadu, India
  • Murugappa Group
    Associate Vice President - Supply Chain Management
    Murugappa Group Nov 2018 - Oct 2023
    Chennai & Ludhiana
    Roles & Responsibilities Lead end to end Supply Chain management from New Product Development, Strategic sourcing, Site Buying, Supplier management with price & contract negotiations, Vendor Quality, Process Engineering, Logistics & Warehouse management of bicycle, Pedalec and fitness portfolio of $200 million with 250 suppliers worldwide.  Heading the plant operations and manufacturing of High end bikes from Chennai plant for domestic requirement and export orders Responsible of P&L for adjacency businesses SMART (spares, maintenance, accessories, recreational & toddler cycles) Business and Fitness equipment BusinessKey Accomplishments Created and led a adjacency business vertical for spares, accessories, toddler cycle, maintenance service and fitness equipments, Indigenization of Fitness equipments and high end cycle components to debottleneck China Delivered 40 Cr of cost saving by means of creating CFT’s and using various negotiation levers Rationalised supplier base from 250+ suppliers to 110 suppliers without affecting cost and delivery Introduced Vendor business score card , Direct On line and brought clarity for deciding share of business Implemented VMI for 90% of suppliers thereby achieving reduction of 80 Crs in Inventory Optimised Logistic operations by installing WMS , fixed route forming and EPoD resulting in savings of 2 Crs Aligning the backend supply chain to ramp up the production by 60% post corona due to market boom Designed zero based organization structure and optimized workforce redeploying 30% of manpower Established the entire supply base for EV - 3 wheeler within the target cost, quality and timeline targets Challenged the single route dedicated transporter & escort deployment system saving of 5 Cr / Annum Instrumental in closing 11 warehouses within a span of 6 months pan India to introduce direct billing Designed the concept of “Made to Order” with end to end process as a pioneer in Cycle Industry
  • Daimler India Commercial Vehicles
    Divisional Manager
    Daimler India Commercial Vehicles Nov 2008 - Nov 2018
    Oragadam
    Roles & Responsibilities Team Lead for Purchasing Transmission components, Castings & Forgings (Spend of > 1000 Cr INR) Divisional Manager in Emerging market office to serve as a key enabler for sourcing export parts from India  Senior Manager responsible for setting up procurement processes and collaborate global Alignment Procurement Project Manager in the project phase & coordinating of sourcing activity for cost & timelineKey Accomplishments Revisited the process and actualized the weights for casting suppliers thereby saving 15 MINR Initiated a project of Special contribution negotiation with suppliers resulting in additional saving of 23 MINR Developed second source for critical components with share of business thereby eliminating dependency  Initiated source change of Raw Material for Forging suppliers with effective negotiation saving 35MINR Localization of supplier child parts to avoid forex exposure and thereby enabling a saving of 5 MINR Implementation of “Sourcing Pipeline concept” and efficiency monitoring of teams with annual goals Detailed working on “Workload Matrix” to balance out the team working load and won accolades Guided the project of Supplier TOS implementation & bagged the best project for TOS Truck Asia Awards Played a key role in establishing of Scrap yard, Scrap Policy and Scrap vendors with process and systems Achieve cost savings of 10 MINR through sourcing existing local parts from Thailand & Indonesia
  • Caterpillar India Pvt Ltd
    Senior Buyer
    Caterpillar India Pvt Ltd May 2005 - Nov 2008
    Chennai, Tamil Nadu, India
    Roles & Responsibilities Purchase Analyst responsible for sourcing of fabrication and proprietary commodities. Buyer in Supply Chain responsible for Engine & Transmission, Tyres & Wheels, Hydrauics etc. Senior Engineer in Plant engineering & Utility handling all indirect purchasesKey Accomplishments• Authored supplier group therapy meeting initiative to extract synergy within supplier base• Prepared “Pull System” for engine and wheels thereby maintaining weekly inventory• Stationed at Kolkata for 3 months to develop dumper cylinders for import order of vehicles• Run 5-year Supplier Capacity enhancement & Alternative Sourcing program• Spearheaded the project initiative of MQ 12005 Star Level certification for operations
  • Tvs Motor Company
    Superintendent
    Tvs Motor Company Feb 1996 - May 2005
    Hosur
    Roles & Responsibilities Buyer in central utility responsible for all Non BoM purchases in the organisation Production superintendent managing shift operations in both machining shop and engine assembly Maintenance Engineer leading a team of technicians responsible for upkeep of plant equipmentKey Accomplishments Reduced pollution load through replacing boilers with waste heat recovery units. Increased Overall Equipment Efficiency of cells by introduction of autonomous maintenance Reduction of scrap in components with a target of 250 PPM in all machining cells by usage of analytical tools Facilitated number of quality circle projects to increase MTBF & reduce MTTR in plant equipment

Prasanth P Skills

5s Automotive Supply Chain Management Apqp Team Management

Prasanth P Education Details

Frequently Asked Questions about Prasanth P

What company does Prasanth P work for?

Prasanth P works for Murugappa Group

What is Prasanth P's role at the current company?

Prasanth P's current role is Business Head - Exports and Adjacencies (TI Cycles).

What schools did Prasanth P attend?

Prasanth P attended Birla Institute Of Technology And Science, Pilani, Symbiosis Institute Of Business Management, Pune.

What skills is Prasanth P known for?

Prasanth P has skills like 5s, Automotive, Supply Chain Management, Apqp, Team Management.

Who are Prasanth P's colleagues?

Prasanth P's colleagues are Vikash Dixit, Vijay Aggarwal, Kumaresan Rajamani, Aruna Chalam Pk, Malay Kumar Nayak, Devaraj Ravi, Siddhartha Ghosh.

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