Individual Research Project | IIMA
Pursuing a Climate Tech Project with IIMA Ventures on Business Modelling for conversion of agricultural waste into textile material
Deputy Manager | Maruti Suzuki India Limited | Gurugram Apr’22 – Mar’24
Strategic Procurement & Supply Chain Leadership:
- Orchestrated the end-to-end procurement of high value automotive components, with an annual buying ~₹1200 crores
- Managed a dynamic network of 20+ glocal suppliers
- Achieved zero time defaults for 6 consecutive months and maintained a healthy annual OTIF (On-Time-In-Full)
- Achieved cost reduction of 3.5% for the assigned component categories
Risk Mitigation & Business Continuity:
Alternate Sourcing
- Managed the program with an outlay of the annual component buying, in excess of ₹60,000 Crores
- Formulated a strategy roadmap for scope of alternate sourcing over next 5 years, aligned with the new model launches
- Pioneered a comprehensive alternate sourcing initiative across 1,000+ high-value projects, generating annual savings of ₹250+ crore
- Eliminated Supply chain vulnerability and risk for 25.4% of the BOM (Bill of Material - by value) ~ ₹15000 Crores
COVID Exigency Management
- Developed a comprehensive 314-point checklist for daily SITREPs and MIS Management
- Formulated an excel analysis model for the monitoring database (4,39,600 datapoints on a daily basis)
- Covered 100% of the suppliers to ensure manpower preparedness and readiness for steady ramp-up
Operational Excellence & Supplier Development:
- Spearheaded the implementation of the Comprehensive Excellence Framework: A 9-pillar assessment covering the aspects like Finance, Quality, Safety, HR/IR, Succession Planning and Risk Management
- Uplifted the operational standards of 450+ supplier plants
- Achieved a 46% reduction in defect rates and 100% compliance in fire safety
- Drove 98% of the supplier base to meet industry-leading benchmarks
- Instrumental in establishing 80+ new supplier facilities, mitigating operational risks through a robust risk management framework
- Directed ISO 14001 compliance for the entire Supply Chain, co-ordinating for 2 audits (re-certification + vigilance) in 2 years
- Oversaw ISO 9001 coordination at the divisional level, managing quality standards across 5 departments
Sustainability & Carbon Neutrality Strategy:
- Architected and deployed a far-reaching Carbon Neutrality Program across 700+ suppliers
- Developed the framework encompassing Scope 1 and 2 footprint mapping, strategic reduction, and offset planning for supplier partners
- Conceptualised and initiated Bulk procurement of renewable energy for supplier partners
Cybersecurity & Supplier Risk Assessments:
- Co-designed and led the Cyber-Suraksha Program – Cybersecurity assessment program for supplier partners, based on NIST and JAMA/JAPIA standards
- Floated RFP for the project implementation support and led the negotiations with knowledge partners
- Led the program implementation at over 700 suppliers in collaboration with M/s PwC
- Conducted Financial analysis of 370 companies to kick-off supplier financial prudence program
Cross-Functional Leadership & Stakeholder Engagement:
- Led 350+ high impact cross functional projects in collaboration with multiple verticals such as Engineering, Quality, Production as well as supplier partners
- Single Point of Contact (SPOC) for over 300 supply chain professionals for multiple programs
- Youngest to lead the Comprehensive Excellence Program, driving the engagement of 340+ internal and external stakeholders
- Conducted trainings for ~600 suppliers to kick-off the Cybersecurity Assessment program
- Provided multiple functional trainings to the batch of 200+ budding managers (GETs)
Pro-active Initiatives: Ideated and executed strategic initiatives:
- Led the MIS and Digitization initiatives for the division, saving substantial number of manhours and increasing reporting efficiency and management visibility
- Deployed CVA-IT: Software Integration for digitizing Audit management for Comprehensive Vendor Assessment
- Initiated and conducted proactive environmental compliance audits during the high pollution periods, saving 1.5 production days for the company