Prasanth Shankar Email & Phone Number

Chennai, Tamil Nadu, India

Chennai, Tamil Nadu, India

Analyze processes to identify problematic areas and suggest process improvements and Automation. Reducing the dead and excess stock available in the overall supply chain. Setting the safety stock at Site and Central WH by considering the material cluster/Lead time/consumptions. Keeping track of material consumption patterns, replenishment lead time, and Forecast fluctuations and mitigating the risk in case of deviation. • Improving inventory turnover and material availability. Define and… Show more Analyze processes to identify problematic areas and suggest process improvements and Automation. Reducing the dead and excess stock available in the overall supply chain. Setting the safety stock at Site and Central WH by considering the material cluster/Lead time/consumptions. Keeping track of material consumption patterns, replenishment lead time, and Forecast fluctuations and mitigating the risk in case of deviation. • Improving inventory turnover and material availability. Define and monitor surplus materials in Service sites to drive lean inventory. Show less

Chennai, Tamil Nadu, India

• MRP driven demands, release, and maintenance of Purchase Orders.• Monitoring overdue, unconfirmed, expedition, defer and cancel orders with suppliers.• Established strong and lasting relationships with suppliers to attain longterm mutually beneficial pricing structures.• Responsible for sending forecasts, schedules, and PO to suppliers.• Work with relevant functions to maintain and update costs and lead times in SAP.• Work with Sourcing on supplier development and new… Show more • MRP driven demands, release, and maintenance of Purchase Orders.• Monitoring overdue, unconfirmed, expedition, defer and cancel orders with suppliers.• Established strong and lasting relationships with suppliers to attain longterm mutually beneficial pricing structures.• Responsible for sending forecasts, schedules, and PO to suppliers.• Work with relevant functions to maintain and update costs and lead times in SAP.• Work with Sourcing on supplier development and new sourcing rules.• Identifying sources of supply/demand variation. Monitoring schedules and adjusting inventory balances.• Implementation of DMB and performance metrics. Accordingly done 5-why root cause analysis for the overdue/unconfirmed lines and payment issues.• Analyze existing demands on replaced-by materials and change demand based on new ECO-revisions for spares.• Assist sourcing specialist with supplier performance which includes on-time delivery, quality of goods, follow-up service, and cost analysis.• Followup on delivery discrepancy from the supplier (like Invoice deviation related to Procurement, Credit Notes, Purchase Order cleanup, etc.).• Identifying and locating suppliers in the US for direct purchase of site parts to Construction sites. Negotiated with suppliers to have a production unit in the US considering the volume. Show less

Chennai, Tamil Nadu, India

• Adhere to financial and compliance reporting requirements (SOX Controls).• Made surplus return of around $5M from AME region and Improved Supply chain WH space utilization by 15 to 20%.• Track and analyze inventory accuracy rates and volume of adjustments to identify potential areas of risk.• Traveled to the US for executing full WH count more than a couple of times.• Warehouse operations such as the shipping, receiving, put-away, and picking of goods.• Cycle count program… Show more • Adhere to financial and compliance reporting requirements (SOX Controls).• Made surplus return of around $5M from AME region and Improved Supply chain WH space utilization by 15 to 20%.• Track and analyze inventory accuracy rates and volume of adjustments to identify potential areas of risk.• Traveled to the US for executing full WH count more than a couple of times.• Warehouse operations such as the shipping, receiving, put-away, and picking of goods.• Cycle count program (Using ABC Analysis) was instrumental in the immediate analysis of identifying deficiencies allowing for increased cycles within the facility at a reduced headcount.• Helped implement Inventory tasks for the LATAM region and trained multiple people on the same.• Managed excess, aging, on-hold, and obsolete inventory as well as kept detailed records of all counting activities.• Review expired and non-moving materials for potential scrap or reuse.• Broad knowledge in Material master data settings, enrichment, the extension of materials, and MRP Settings.• Define and monitor surplus materials in Service sites to drive lean inventory.• Drive inventory accuracy through stringent data analysis in Excel, SAP IM, and WM systems within the distribution.• Need to ensure all the Defective stocks with repair loop are moved to the repair shop for renovation and reutilized based on demand from sites.• Transport and Freight PO/PR's are processed for the defective components. Show less

Bachelor Of Engineering - Be, Mechanical Engineering

Master'S Degree, Logistics, Materials, And Supply Chain Management