Vikas Bhatia Email and Phone Number
You Win some, you Learn some! That’s my version of the saying.It’s a philosophy that has guided my journey of continuous growth and learning.I am a strategic business leader with over 20 years of experience across industries in domestic & international markets, I am also a successful Entrepreneur.After a good stint in the ITES / service sector, I moved to U.A.E. to explore the product sector. In 10 years there, worked in both general & modern trade segments.Launched new business line increasing retail client base in Dubai, set up branch operations in RAK increasing market share by 20% in distribution. Handled renowned clients like Spinney’s, TCS Group and Carrefour. Added 23 new outlets to client base. Led 24% increase in product listings and generated annual new business of AED320k.With all the above experience & knowledge, returned to India and founded Global Trends, dealing in consumer networking devices involving mix of offline & online business model.Built a dealer & distribution network in Mumbai and other cities across India. Established the business online across major e-commerce platforms. Launched multiple brands and diversified product lines. Set up strong supply chain with foreign suppliers.In the last 3 years at Universal Group, I have orchestrated the establishment of manufacturing units, had them seamlessly integrate with each other, Expanded into new markets, identified new business opportunities, all, while minimizing costs & mitigating risks.Learning from every experience and moving to next level, with impactful roles in Global Sourcing & Procurement, Vendor Management, Product Development, New Business Development, Project Management and P/L ownership. From Retail & wholesale, (General Trade to Modern Trade, Offline to Online), to Imports & Distribution across India, to now Manufacturing & Exports. When not working, I like to catch up with friends over a game of cricket or tennis. Apart from sports, books & music are my go-to options to chill and enjoy my free time.I believe there’s a world full of possibilities out there, with so much more to do, to experience, to learn.As they say, more the merrier. Please feel free to connect with me, write to me at vykasbhatia@gmail.com
Universal Group Of Companies
View- Website:
- universalgroup.az
- Employees:
- 92
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Strategic Sourcing & New Business InitiativesUniversal Group Of Companies Mar 2021 - PresentMumbai, Maharashtra, India★ Sourced 12+ vendors & improved client satisfaction scores by 2 tiers, identifying key client requirements.★ Achieved 18% Cost reduction through streamlined negotiations, Implemented Strategic Vendor Management initiatives, optimizing sourcing & procurement processes.★ Reduced lead time by 20%, directing end to end Supply Chain activities from sourcing to destination port. ★ Drove revenue growth by 24%, Orchestrated P/L Ownership of portfolio by implementing targeted campaigns and pricing strategies. ★ Generated additional $1.2M in revenue annually, leveraging existing distribution network after assessing new business opportunities. ★ Saved over $112K in supply chain costs, liaising with Customs, Shipping lines & agents for clearing & handling of shipments.New Business Initiatives & Projects Undertaken- Set Up 2 New Manufacturing Units (Automobile Oils & Lubricants & Plastic Packaging).★ Led the end-to-end responsibility for setting up the production unit, from inception to commissioning of the plant.★ Examined product requirements/production process, identified machinery requirements along with suppliers/manufacturers.★ Executed procurement of machinery, ensured periodic interaction with consultants, regular site visits to track project status & costing.- Key Projects Undertaken (Brownfield & Greenfield).★ Brownfield: Automobile Oils & Lubricants – Engine Oils / Brake Fluids / Grease / Gear Oils. Fully operational.★ Brownfield: Plastic Packaging – HDPE & LDPE bottles / Jerry Cans / Barrels Location – Fully operational.★ Greenfield: Packaged Drinking Water – Reverse Osmosis (Under Evaluation).★ Greenfield: Pet Preforms – For Carbonated Drinks / Water & Non-Carbonated Drinks (Under Evaluation).
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EntrepreneurGlobal Trends Sep 2014 - Feb 2021Mumbai★ Built a robust dealer and distribution network of 50+ outlets across Mumbai for computer accessories. ★ Registered first brand name HashTag - Glam 4 Gadgets in 2014 and created brand recognition. ★ Amplified sales by 52% by establishing Online presence on leading E-Commerce sites in 2015. ★ Achieved 38% cost reduction and 14% increase in profit margins, implementing strategic procurement plan with 8 foreign suppliers. ★ Added 18 new outlets expanding dealer & distribution network to Hyderabad & Jaipur in 2016.★ Saved over ₹ 117k in supply chain costs, optimizing logistics and distribution across cities. ★ Gained 40% increase in revenue, diversifying product line with Toys & Games and Household appliances under new brand name AVITRA, registered in 2017.
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Key Accounts ManagerAl Junaidi Group Sep 2008 - Feb 2014Dubai, United Arab Emirates★ Drove 24% increase in product listings offering mix of price & payment discounts.★ Reduced client escalations by 15% managing key clients (Spinney’s LLC, Carrefour group, TCS Hypermarkets, Lulu group of dept stores), implementing First Time Resolution practices.★ Expanded client base by adding 23 new outlets, generated AED 3.20M in new revenue annually, nurturing modern trade business. ★ Led 20% increase in product availability, negotiating favorable terms & revamping vendor partnerships. ★ Achieved 92% collection rate, reducing outstanding payments & streamlining accounts receivables.
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Assistant Manager Sales OperationsSmart Trading Co. Jul 2005 - Aug 2008Ras Al Khaimah, United Arab Emirates★ Increased sales by 23% making regular client visits and market surveys to identify opportunity areas for sales★ Launched new business line generating AED 1.1M new revenue annually, setting up of new store to capture retail client base in Dubai, ★ Supervised setting up of new branch in Ras Al Khaimah to tap wholesale & distribution areas gaining 20% market share★ Reduced operational costs of AED 107K annually, supervising ground level activities & fleet management for timely deliveries and execute order processing.
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Operations Team LeadIntelenet Global Services Private Ltd. Jul 2004 - Jun 2005Mumbai★ Led a team of 12 on American Express’ vendor account on debt recovery. Using my previous experience with American Express across countries, guided my team in achieving our collective targets.★ Raised team to 2nd position from 7th QOQ in productivity, organizing training programs based on weekly performance reviews.★ Improved team’s quality scores by 3 Tiers, identifying opportunity areas in product knowledge and soft skills. -
Credit Rating AnalystEpicenter Technologies Pvt. Ltd Oct 2001 - Jun 2004Mumbai★ Selected to work for American Express - client account, as credit rating analyst for their US market.★ Recorded highest growth of over 70% QOQ across the project. Consistently maintained position among top 3 performers for the whole year.★ Promoted for pilot batch for Amex International (Canada, UK & Australia market) based on the consistent high performance displayed in US market.
Vikas Bhatia Education Details
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H.R. College Of Commerce And EconomicsInternational Business/Trade/Commerce
Frequently Asked Questions about Vikas Bhatia
What company does Vikas Bhatia work for?
Vikas Bhatia works for Universal Group Of Companies
What is Vikas Bhatia's role at the current company?
Vikas Bhatia's current role is Seasoned Business Leader | Proven Expertise in Global Sourcing, New Business Initiatives & Development and P&L Management, achieving over 20% growth in business | Empowering Organizations to Achieve Sustainable Growth.
What schools did Vikas Bhatia attend?
Vikas Bhatia attended H.r. College Of Commerce And Economics.
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