Puneet Khatri

Puneet Khatri Email and Phone Number

Managing Partner @ Despac Global Private Limited
Bengaluru, KA, IN
Puneet Khatri's Location
Bengaluru, Karnataka, India, India
Puneet Khatri's Contact Details

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About Puneet Khatri

I am an experienced professional with a demonstrated history of success in procurement, supply chain management, and entrepreneurship. I have had the opportunity to lead and manage end-to-end supply chains for packaging material for key clients such as Amazon, Myntra, Flipkart, Blinkit, Zepto and Swiggy while also founding and running successful startups, AbsoluteMeat and Novitas Plast.My passion lies in building and leading teams that create innovative and sustainable solutions that positively impact society and the environment. I have a strong track record of developing end-to-end solutions that streamline operations, reduce costs, and improve customer satisfaction.In my previous roles, I have shown expertise in Sales & Operational planning, demand forecasting, strategic sourcing, cost reduction and inventory management. I have a keen eye for identifying market trends and customer needs to improve operations and optimize production.I am a skilled communicator, problem-solver, and team player who is always looking for ways to learn and grow both personally and professionally.In addition to my experience in supply chain operations, I have also developed expertise in data analysis. Through my work at Plantix, and Bizongo, I have gained experience in utilizing data to make informed decisions, optimize operations, and identify areas for improvement. I have developed proficiency in tools such as Tableau and Excel to create detailed dashboards and reports that provide insights into key performance indicators (KPIs). My expertise in data analysis allows me to identify trends, anticipate changes in demand, and make data-driven decisions to streamline operations and improve efficiency.

Puneet Khatri's Current Company Details
Despac Global Private Limited

Despac Global Private Limited

View
Managing Partner
Bengaluru, KA, IN
Website:
despac.in
Employees:
4
Puneet Khatri Work Experience Details
  • Despac Global Private Limited
    Managing Partner
    Despac Global Private Limited
    Bengaluru, Ka, In
  • Plantix
    Procurement Lead
    Plantix Dec 2022 - Jul 2023
    Indore, Madhya Pradesh, India
    As Procurement Leader at Plantix, I play a critical role in managing the procurement function and developing strategies that align with the company's goals. My responsibilities include analyzing market trends, identifying potential suppliers, negotiating contracts, and managing the procurement budget. I have a deep understanding of the industry and expertise in market trend analysis, which enables me to identify growth opportunities and align procurement strategies with the company's objectives.Sourcing and purchasing agricultural inputs, such as seeds, fertilizers, machinery, and equipment, are also a key part of my role. I manage supplier relationships, negotiate favorable terms, and ensure that Plantix receives high-quality inputs in a timely manner. Additionally, I optimize procurement costs by analyzing data, identifying cost-saving opportunities, and negotiating favorable pricing and terms with suppliers.Mitigating supply chain risks to minimize disruptions to Plantix's operations is another essential aspect of my role. I develop risk management strategies, monitor supply chain performance, and collaborate with other teams to identify potential risks and solutions. Collaboration with the product development and marketing teams is also crucial, as I provide valuable input on customer needs and preferences to ensure procurement activities support the company's growth and success.Finally, I ensure all procurement activities comply with relevant laws, regulations, and industry standards. I develop policies and procedures, monitor compliance, and ensure that all suppliers meet Plantix's ethical and sustainability standards.With my experience and expertise in procurement management, I am committed to driving innovation and growth while ensuring the success of Plantix. I am confident in my ability to effectively manage the procurement function and contribute to the overall success of the company.
  • Bambrew
    Associate Director Of Operations
    Bambrew Jun 2021 - Dec 2022
    Bengaluru, Karnataka, India
    I transformed Bambrew's supply chain, driving operational excellence and cost savings. I oversaw PAN India contract manufacturing, managed vendors, and implemented metrics to achieve a remarkable 87% on-time, in-full delivery rate.Key Accomplishments:- Streamlined Operations: Implemented a comprehensive supply chain management system, harmonizing functions and boosting efficiency.- Managed PAN India Contract Manufacturing of sustainable packaging product: Successfully sourced, trialed, and launched production of Paper Mailer Bags, Paper Cups, Corrugated Boxes, and Paper Carry Bags, ensuring high-quality standards.- Optimized Procurement: Identified needs, devised top-tier sourcing strategies, and nurtured vendor relationships to improve pricing, quality, and volume.- Improved Performance: Developed and monitored KPIs, driving process optimization. Achieved Outstanding results :* 87% On-Time-In-Full Delivery Rate* Reduced Cash to Cash Cycle and Lead Time* Minimized Rejections- Enhanced Vendor Management: Built and evaluated vendors, forging long-term partnerships to meet key service, cost, delivery, and quality benchmarks.- Embraced Innovation: Tracked market trends, price dynamics, and economic shifts to ensure strategic alignment and competitive advantage.- Data-Driven Insights: Pioneered dashboards and analyzed MIS reports to identify variances and facilitate informed decision-making.
  • Absolutemeat Foodtech
    Founder
    Absolutemeat Foodtech Jun 2020 - Jun 2021
    Indore, Madhya Pradesh, India
    As the founder of Absolute Meat, I was responsible for developing and executing the company's strategy, focused on providing high-quality, farm-to-fork fresh meat through a direct-to-consumer delivery model. I conducted extensive market research, competitive analysis, and market trend analysis to conceptualize the product category and develop a business plan.One of my key achievements was augmenting revenue and restructuring business processes in line with the defined policy of the company. I expanded the business by devising sales and marketing strategies and consistently improving profitability, which resulted in generating revenue of 55Lk within a year, catering to over 3000 unique customers with an OTIF of 84% and an SLA of 120 minutes.To achieve these goals, I designed and formulated go-to-market, online and offline branding strategies, digital marketing, new product development, packaging design, and website UI/UX. Additionally, I proactively designed and operated the backend supply chain operations with a focus on minimizing first-mile and last-mile delivery costs.As part of my role, I exhibited strong relationship skills by collaborating with and onboarding multiple vendors for supplies of chemical and hormone-free products. I also efficiently resolved customer escalations related to deliveries, quality, and incorrect products.To optimize inventory management, I developed a predictive model to understand customer buying behavior and suggest a minimum level of inventory. I collated data to track sales efficiency, repeat customers, feedback, accounts payable/receivable, and P&L.Overall, my leadership, strategic planning, and operational expertise were critical to the success of Absolute Meat, and I am proud of the impact we made in the fresh meat delivery industry.
  • Bizongo
    Global Supply Chain Specialist
    Bizongo Jul 2019 - Jun 2020
    Bengaluru, Karnataka, India
    As a passionate and results-oriented packaging procurement professional, I excel at streamlining operations, optimized inventory, and forging strategic partnerships to deliver tangible results for major players like Amazon, Myntra, Flipkart, Swiggy, FirstCry, Bunge, and Licious. My expertise lies in:1. Optimizing Packaging Supply Chains:-Reduced packaging costs by 3% through value engineering, volume discounting, and strategic supplier partnerships.-Improved on-time deliveries to 95% by optimizing inventory levels and implementing forecasting models for over 450 SKUs.-Pioneered the company's first Auto-Replenishment System for packaging materials, reducing lead times and working capital.-Spearheaded category development for Rigid ( Plastic Packaging) & Fiber Packaging (Paper Packaging) in South India.2. Data-Driven Insights & Strategic Sourcing:-Developed cost models for various packaging SKUs using tools like Tableau and Excel, enabling informed sourcing decisions.-Utilized cost/service matrix, demand-supply analysis, and risk assessment to devise effective sourcing strategies for diverse sub-categories.-Identified and formed strategic alliances with raw material manufacturers and suppliers, achieving a 4% cost reduction through their optimal geographic locations.-Leveraged quantitative techniques to evaluate potential acquisitions with a focus on financial and infrastructural capabilities of packaging suppliers.3. Building Strong Relationships:-Managed end-to-end supply chain operations for key clients, ensuring account health through regular monitoring of on-time delivery, quality, and customer satisfaction metrics.-Forged strong partnerships with internal stakeholders (production, procurement, sales) and external suppliers to facilitate seamless collaboration and efficient operations.-Implemented best practices in packaging sourcing and sustainability, contributing to the company's environmental goals.
  • Bizongo
    Assistant Manager Procurement
    Bizongo Jun 2018 - Jul 2019
    Bengaluru, Karnataka, India
  • Novitas Plast Private Limited
    Director
    Novitas Plast Private Limited Nov 2012 - Jun 2018
    Indore
    I built and led Novitas Plast Private Limited from the ground up, driving operational excellence and profitability. I commissioned a state-of-the-art facility, managed all aspects of the business, and implemented lean manufacturing principles to achieve:- 365/24/7 Operational Efficiency: Optimized production planning, maintenance, and procurement to ensure uptime and meet production targets.- Quality & Cost Control: Established comprehensive QC procedures and optimized raw material usage, reducing waste and minimizing costs.- Lean & Efficient Operations: Successfully deployed SOPs, TQM, Kaizen, 5S, and SMED, streamlined processes, and reduced lead times.- Financial Savvy: Prepared CAPEX, OPEX, PL, and Accountability reports, installed new production lines, and optimized resource allocation.- Team Leader: Built and empowered a high-performing team through training and development, fostering a positive work environment and increasing productivity.
  • Vedanta Resources Limited
    Assistant Manager Operation Management
    Vedanta Resources Limited Aug 2009 - Jul 2011
    Jharsuguda Area, India
    During my time at Vedanta Aluminium Limited, I had the opportunity to commission the world's largest single-location Aluminium Smelter which contained more than 1000 pots. As a resource management expert, I was responsible for preparing shift rosters, managing raw materials, and allocating manpower efficiently to ensure maximum output.I also led the Six Sigma and Lean Manufacturing project, which involved implementing sustainable processes and achieving operational excellence. Through this project, we were able to optimize our operations, reduce waste, and improve efficiency, resulting in significant cost savings.Additionally, I developed a robust reporting system that allowed us to track the progress of plant erection and commissioning, enabling us to make data-driven decisions and ensure timely completion of projects.Overall, my experience at Vedanta Aluminium Limited allowed me to develop a deep understanding of the complexities of large-scale operations management, project management, and data-driven decision-making.

Puneet Khatri Skills

Process Engineering Six Sigma Project Planning Automation Process Control Data Analysis Process Simulation 5s Project Management Troubleshooting Product Development Matlab Process Optimization Analysis Procurement Business Analysis Oracle Process Improvement Database Management Java Technical Textiles Nonwovens Lean Manufacturing Supply Chain Management Financial Analysis Quality Assurance Marketing Manufacturing Engineering Strategy Management Vendor Management Strategic Sourcing Strategic Planning Cost Management E Procurement Procure To Pay Contract Manufacturing Supplier Negotiation New Vendor Development Supplier Evaluation Supplier Management Food Packaging Inventory Management

Puneet Khatri Education Details

Frequently Asked Questions about Puneet Khatri

What company does Puneet Khatri work for?

Puneet Khatri works for Despac Global Private Limited

What is Puneet Khatri's role at the current company?

Puneet Khatri's current role is Managing Partner.

What is Puneet Khatri's email address?

Puneet Khatri's email address is e2****@****ail.com

What is Puneet Khatri's direct phone number?

Puneet Khatri's direct phone number is +9196919*****

What schools did Puneet Khatri attend?

Puneet Khatri attended Birla Institute Of Technology And Science, Pilani, Indian Institute Of Management, Indore, Illinois State University, Ujjain Engineering College, Sanwer Road, Ujjain.

What are some of Puneet Khatri's interests?

Puneet Khatri has interest in Social Services, Economic Empowerment, Civil Rights And Social Action, Education, Environment, Poverty Alleviation, Science And Technology, Disaster And Humanitarian Relief, Animal Welfare.

What skills is Puneet Khatri known for?

Puneet Khatri has skills like Process Engineering, Six Sigma, Project Planning, Automation, Process Control, Data Analysis, Process Simulation, 5s, Project Management, Troubleshooting, Product Development, Matlab.

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