Ritesh Kapur

Ritesh Kapur Email and Phone Number

Helping Companies increase Profitability through Inventory Optimization @ TOC Flow Consulting
Ritesh Kapur's Location
Bengaluru, Karnataka, India, India
Ritesh Kapur's Contact Details

Ritesh Kapur work email

Ritesh Kapur personal email

About Ritesh Kapur

I'm on a mission to revolutionize retail by optimizing inventory management. So retailers can - Stock the right products - In the right quantity, and - boost their sales sky-high!Using my expertise in inventory management and automation, I deliver tailored solutions. That fit your business. Suggest the best inventory parameters and automate the process for optimal results.I know that inventory optimization is the backbone of your business. That's why I've developed an approach that works. With 15 years of experience and many successes under my belt. I've helped more than 7,000 stores in India optimize their inventory using my unique methods.My passion for this work is what drives me. I'm determined to provide tailored solutions that work for each of my clients. By using case studies and success stories to support my claims, I prove that my approach is not just effective, but transformative. I'm proud to have helped businesses of all sizes to thrive and grow through inventory optimization. Experience in - Jewellery, - Eyewear, - Apparel, - Consumer goods, - F&B and - Electronic goods industrySpeaker at CII (Confederation of Indian Industries) and RAI (Retailers Association of India) meet

Ritesh Kapur's Current Company Details
TOC Flow Consulting

Toc Flow Consulting

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Helping Companies increase Profitability through Inventory Optimization
Ritesh Kapur Work Experience Details
  • Toc Flow Consulting
    Founder
    Toc Flow Consulting Feb 2020 - Present
    Bengaluru Area, India
    TOC flow consulting is a management consulting company that helps clients achieve breakthrough improvements in their bottom line in a very short period of time using the Theory of Constraints (TOC) body of knowledge. We do a complete analysis of the company and understand the constraint(s) which is preventing the company to achieve more units of goal. We work with companies to remove these constraints.
  • Goldratt Consulting
    Principal
    Goldratt Consulting May 2011 - Feb 2020
    2012 - 2015 JEWELLERY INDUSTRY (Retail)- Inventory turns increase by 22%- Global melting loss reduced by 62% (INR 10 crores in savings)- Average age of inventory reduced from 123 days to 75 daysProduction- DDP improvement from 22% to 95% while supporting 36% increase in output- 30% reduction in inventory holding days- 25% reduction in overall lead time2013 – 2014 MATTRESS AND FOAM (Retail and Distribution)- Within 4 months All India availability… Show more 2012 - 2015 JEWELLERY INDUSTRY (Retail)- Inventory turns increase by 22%- Global melting loss reduced by 62% (INR 10 crores in savings)- Average age of inventory reduced from 123 days to 75 daysProduction- DDP improvement from 22% to 95% while supporting 36% increase in output- 30% reduction in inventory holding days- 25% reduction in overall lead time2013 – 2014 MATTRESS AND FOAM (Retail and Distribution)- Within 4 months All India availability across ASOs was stabilized to ~95% (from ~60% earlier)- 26% inventory reduction while maintaining 95% availability- Sales growth of 70% where the inventory turns offer was rolled- Average varieties billed increased by 17%Production- Time to dispatch 99% of products from factory reduced by more than 50% (from 14 days to 5 days)2011 – 2013 ELECTRONIC GOODS (Retail)- Significant improvement in cash flow after 10 weeks of commencing project- Stores LTL sales growth of 80%- Inventory turns improvement by 30%- Creation of data based approach for ranging of new products in store resulting in 40% improvement in ranging - Introduction of a end of life management system for SKUs significantly reducing the share of tail products in stores2012 – 2013 EYEWEAR (Retail)- Increase in inventory turns of the LTL company stores by 15% - Establishing sales process for cross-selling - Process for identifying sludge stock for liquidation established Show less
  • Aditya Birla Group
    Head, Merchandise Planning And Replenishment - Supermarket, Aditya Birla Retail
    Aditya Birla Group Oct 2010 - May 2011
    To introduce and build global best practices in inventory management, merchandise financial planning , and supply chain systems to support collaborative supply chain practices of VMI and CPFR. To build growth ownership with vendors and vendor capability to manage the ABRL growth.
  • Aditya Birla Group
    Head, Supermarket Business, Business Applications And Processes, Aditya Birla Retail
    Aditya Birla Group May 2008 - Jan 2011
    # Master Data Management# Pricing and Promotions# Document postings# Make certain that the vision for the business is reflected in data and reporting management process
  • Aditya Birla Group
    Vendor Manager (Fmcg), Aditya Birla Retail
    Aditya Birla Group Jan 2008 - May 2008
    # Carried out detail activities to ensure vendors are paid - Started movement for transferring payments to RTGS from Cheque for more than 350 vendors# High off invoice income recovery in time for FMCG Category - Auomated Promotions to reduce recovery time from 60 hours to 5 hours; Worked on Off Invoice calculation process reducing time from 80 hours to 10 hours# Envisaged and designed the document for all India vendors Retek implementation
  • Aditya Birla Group
    Senior Manager, Madura Garments
    Aditya Birla Group Oct 2007 - Dec 2007
    # Consumer insight mining for LP Young - Louis Philippe has recently launched their sub brand targeted at the young called Lp. This project required a thorough understanding of our customers and their various apparel purchase related habits alongwith a good understanding of the apparel industry
  • Aditya Birla Group
    Senior Manager,Ultratech Concrete
    Aditya Birla Group Aug 2007 - Oct 2007
    # Study of Ready Mix Concrete Industry, Studied New value added products that can be introduced across India# Study Third party service providers - Carried out a detailed study of the pumping service providers and evaluate the proposal of concrete pumping being done by contractors
  • Aditya Birla Group
    Senior Manager,Birla Sun Life Insurance
    Aditya Birla Group Jun 2007 - Aug 2007
    # Studied and analysed various distribution models adopted by Life Insurance companies in India# Managed to give insights on competitor's organisational structures, their heirarchies and other relevant details# Evaluated various distribution models in terms of profitability, consistency in delivery and in terms of percentage contribution to the overall business of the respective life insurer.
  • Hindustan Lever Ltd.
    Intern
    Hindustan Lever Ltd. Apr 2006 - Jun 2006
    Only PPO (Pre-Placement Offer) recipient in S&M from IIMC• Product and commercial feasibility study for introduction of a new ice cream• Retail Out Of Home: Identify various format solutions and undertake their prototype development• Nationwide roll out of the prototype developed• Prepared a Parlor Design Handbook and Retail Franchisee Brochure to be used by the Retail Team
  • Infosys Technologies Limited
    Module Leader
    Infosys Technologies Limited Aug 2003 - May 2005
    • Develop an innovative tool to help in data population which is being successfully used at Infosys• Manage interfacing with onsite co-ordinators and international clients as the single point contact• Prime responsibile for Defect prevention and Quality Control• Earned Grade ‘A’ – highest possible grade on confirmation • Received commendations for leadership, attention to detail, quality of work and professionalism• Awarded highest rank - CRR 1 for standing among the Top… Show more • Develop an innovative tool to help in data population which is being successfully used at Infosys• Manage interfacing with onsite co-ordinators and international clients as the single point contact• Prime responsibile for Defect prevention and Quality Control• Earned Grade ‘A’ – highest possible grade on confirmation • Received commendations for leadership, attention to detail, quality of work and professionalism• Awarded highest rank - CRR 1 for standing among the Top employees based on performance Show less

Ritesh Kapur Skills

Business Strategy Management Business Analysis Supply Chain Strategy Team Management Business Development Global Business Development Functional Requirements Management Consulting Competitive Analysis Market Research Product Management Leadership Process Consulting Business Planning Retail Pricing Vendor Management Financial Modeling Supply Chain Management

Ritesh Kapur Education Details

Frequently Asked Questions about Ritesh Kapur

What company does Ritesh Kapur work for?

Ritesh Kapur works for Toc Flow Consulting

What is Ritesh Kapur's role at the current company?

Ritesh Kapur's current role is Helping Companies increase Profitability through Inventory Optimization.

What is Ritesh Kapur's email address?

Ritesh Kapur's email address is ri****@****hoo.com

What schools did Ritesh Kapur attend?

Ritesh Kapur attended Indian Institute Of Management, Calcutta, Delhi University, Delhi Public School, R.k. Puram, Delhi Public School - R. K. Puram.

What skills is Ritesh Kapur known for?

Ritesh Kapur has skills like Business Strategy, Management, Business Analysis, Supply Chain, Strategy, Team Management, Business Development, Global Business Development, Functional Requirements, Management Consulting, Competitive Analysis, Market Research.

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