Utsav Mittal

Utsav Mittal Email and Phone Number

Senior Procurement Specialist @ BW Retail Solutions
Kitchener, ON, CA
Utsav Mittal's Location
Kitchener, Ontario, Canada, Canada
About Utsav Mittal

ENVISIONING SOLUTIONS & DRIVING THEM TO REALITY | EMBRACING CHALLENGES | SOLVING COMPLEX BUSINESS ISSUESResults-oriented and dynamic supply chain strategist with a demonstrated history of success spanning over 8+ years. Critical thinker and multi-faceted game-changer offering a record of success in streamlining procurement processes, optimizing inventory levels, and ensuring seamless supply chain operations. Adept at analyzing market trends and design innovative business development strategies to increase operational efficiencies and decrease overall costs. Recognized for executing initiatives to overcome complex supply chain challenges that prevent revenue growth in competitive market. Exceptional talent for cultivating value-based, collaborative relationship with key stakeholders, executives, internal teams and most importantly a group of over 45 overseas vendors. Offers the highest level of business acumen and professional integrity. Looking to leverage my extensive experience and skills to contribute to a dynamic organization's procurement and inventory management initiatives.Skills: Strategic Sourcing | Materials Planning | Inventory Optimization | Contract Management | Cross Functional Collaboration | Project Management | Strategy Development & Execution | Business Process Improvement | Negotiation/Contracts | Revenue Growth | Spend Analysis | E-commerce | Vendor Relationship Management | Cost Control | Risk Assessment | Forecasting | Data Analysis | Networking & People Skills | Invoice Management | SAP | Odoo | Power BI | Advanced MS Excel | MS Office Suite & CRM | G Suite | Asana

Utsav Mittal's Current Company Details
BW Retail Solutions

Bw Retail Solutions

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Senior Procurement Specialist
Kitchener, ON, CA
Utsav Mittal Work Experience Details
  • Bw Retail Solutions
    Senior Procurement Specialist
    Bw Retail Solutions
    Kitchener, On, Ca
  • Bw Retail Solutions
    Senior Procurement Specialist
    Bw Retail Solutions Jan 2023 - Present
    New Dundee, Ontario, Canada
  • Bw Retail Solutions
    Replenishment Analyst
    Bw Retail Solutions May 2022 - Dec 2022
    New Dundee, Ontario, Canada
    Responsible for quality procurement and inventory optimization for 3 distribution centers while facilitating business process improvement and cost reduction.• Managed P2P process including planning, development of purchasing plans, PO formation and issuance, invoice management, and closeout in support of projects or other operating requirements.• Conducted bi-weekly replenishment analysis of over 25,000 SKUs, identifying trends and sourcing materials to maintain safety stock levels for fast-moving inventory.• Led monthly PO negotiations, securing over $250,000 in savings while elevating supplier performance and service standards.• Saved over $150k by processing pending claims for damaged and out-of-warranty parts and assemblies.• Negotiated and developed vendor contracts, Purchase Requisitions/Purchase Orders, and RFx documents which facilitated cost savings for the organization.• Drove efficiency and optimized inventory control procedures to reduce lead times and inventory levels while maximizing profits.• Oversaw the consistent supply of goods and materials, promptly identifying and mitigating supply issues to avert potential disruptions, ensuring seamless operational continuity.• Assessed sales trends and inventory usage for each DC to provide optimized product coverage for each location for different seasons.• Collaborated with the Product Development and Engineering team for price analysis on all existing and new products to unravel the actual cost of products, for better negotiation and cost savings.• Conducted market research and analysis to identify new suppliers, assess market trends, and source alternative products, improving supply chain resilience.• Oversaw container utilization as per ready goods list from vendors, and coordinated with freight forwarders to identify the most cost-efficient shipping route and method for timely delivery of goods.
  • Majorel North America
    Sourcing Specialist
    Majorel North America Apr 2021 - Apr 2022
    Waterloo, Ontario, Canada
    Responsible for continuous procurement of products and services based on projects and operations requirements in a fast-paced high-volume environment.• Generated RFQs and Purchase Orders in high volumes utilizing Cost Benefit Analysis and market research.• Developed and executed sourcing strategies for a range of categories, including raw materials, finished goods, and services, delivering significant cost savings and process efficiency.• Negotiated product prices, discounts, and shipping incentives with existing and new potential vendors.• Conducted research and analysis to support procurement activities, including new market research, supplier evaluations, and spend analysis.• Demonstrated ability to balance short-term needs with long-term strategic goals, developing purchasing strategies that support organizational objectives while minimizing risk and cost.• Evaluated and managed existing and potential suppliers based on the principles of Total Cost of Ownership• Coordinated multiple shipments and tracked deliveries from over 35+ overseas suppliers.• Analyzed financial data, managed budget, and developed cost-saving initiatives to maximize profitability and achieve financial targets.• Prepared and analyzed weekly, monthly, and quarterly project expenditure, savings, and other ad-hoc reports for revenue and trend analysis to facilitate further business decisions.
  • Tim Hortons
    Assistant Manager
    Tim Hortons Feb 2020 - Apr 2021
    Kitchener, Canada Area
  • Tim Hortons
    Team Supervisor
    Tim Hortons Jul 2019 - Jan 2020
    Kitchener, Canada Area
  • Tim Hortons
    Store Associate
    Tim Hortons Oct 2017 - Jun 2019
    Kitchener, Canada Area
  • Qcsolver Inc.
    Capstone Project Intern
    Qcsolver Inc. Jan 2018 - Apr 2018
  • Rajdhani Wire & Electrical Industries
    Supply Chain Manager
    Rajdhani Wire & Electrical Industries Aug 2014 - Aug 2017
    New Delhi Area, India
    Responsible for restructuring the company's Purchasing and Supply Chain functions to make them as effective and efficient as possible.• Directed supplier management process including selection, onboarding, negotiation, and performance analysis while accurately maintaining contactual data in vendor management software.• Conducted in depth market research and analysis to identify new potential suppliers and alternative sourcing options, resulting in diversification of the supply chain and reduced dependence on a single vendor.• Implemented the Triage process in scrap identification and hence aided the product development team in the introduction of new products to the market and maximizing profitability.• Developed and monitored key performance indicators (KPIs) such as inventory turnover, stock accuracy, and on-time delivery, generating reports and actionable insights to support data-driven decision-making.• Led continuous improvement initiatives, conducting regular process audits, and identifying areas for optimization, resulting in streamlined procurement processes, and increased operational efficiency.• Spearheaded procurement activities, including strategic sourcing, supplier evaluation, and contract negotiations, resulting in a 15% cost reduction while maintaining high-quality standards.• Directed Six Sigma and lean manufacturing initiatives that reduced labor costs by 15% while catapulting profit, productivity, and quality metrics (ISO 9001) by 9%, 13%, and 17%, respectively.• Audited Bill Of Materials (BOMs) and component cost reviews on all existing product lines and upcoming product introductions, and facilitated accurate Cost of Goods Sold and Product Profit Margins.• Analyzed reports on material flow parameters such as purchase order approvals, replenishment process, and inventory levels to execute business decisions.
  • Rajdhani Wire & Electrical Industries
    Supply Chain & Logistics Coordinator
    Rajdhani Wire & Electrical Industries Mar 2013 - Jul 2014
    New Delhi Area, India
    Responsible for coordinating the storage, transportation, and delivery of goods. To liaise with the Production and Sales Dept. to ensure stock is maintained and moved efficiently.• Designed supply chains to support business strategies adapted to changing market conditions, new business opportunities, and cost reduction.• Determined inventory goals, product stock, and risk management objectives and oversaw techniques to optimize inventory.• Implemented clear and effective planning strategies to meet supply chain needs, meet demand, and optimize distribution.• Identified and rolled out both short- and long-term supply chain plans while optimizing procedures to decrease annual expenses.• Maintain master material data in the ERP system (lead times, MOQ, safety stocks, vendor data, client details)• Evaluated and selected technology solutions to improve tracking and reporting of materials, product distribution, inventory storage, receiving, and payments.• Decreased cost per pound on 3rd party freight via negotiating new LTL pallet rates that drastically reduced shipping costs throughout the Midwest with our most reliable freight providers.• Enhanced shipping schedule and route by consolidating shipments for efficient trailer optimization, resulting in a reduction of one FTL shipment per week and a 0.5 million INR annualized savings.
  • Rajdhani Wire & Electrical Industries
    Process Associate
    Rajdhani Wire & Electrical Industries Jun 2012 - Feb 2013
    New Delhi Area, India

Utsav Mittal Education Details

Frequently Asked Questions about Utsav Mittal

What company does Utsav Mittal work for?

Utsav Mittal works for Bw Retail Solutions

What is Utsav Mittal's role at the current company?

Utsav Mittal's current role is Senior Procurement Specialist.

What schools did Utsav Mittal attend?

Utsav Mittal attended Conestoga College, Conestoga College, Ramjas College.

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