
Prashant Kumar
I am an accomplished business operations leader with 19+ years of demonstrated success in managing Sourcing and Supply... | Chicago, Chicago, United States
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Prashant Kumar’s Emails pk****@or****.com
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Prashant Kumar’s Location Chicago, Chicago, United States
Prashant Kumar’s Expertise I am an accomplished business operations leader with 19+ years of demonstrated success in managing Sourcing and Supply chain operations in the CPG vertical. Throughout my career, I have continually delivered on all Cost Savings Targets & have met Customer KPIs, while driving continuous process improvements to Procurement and Supply Chain functions including Inventory Management, Warehousing, Transportation, and Customer service. My most recent success can be seen with Namaste Laboratories where I am the Head of Operations overseeing global strategic sourcing and supply chain. In this role, I have delivered YOY cost savings, while helping the company meet profitability objectives. As a senior-level decision-maker, I add value to the organization by my ability to assess the business as a whole and create opportunities for continuous improvement and growth. I serve as a key business partner and trusted advisor to all areas of the business by providing valuable insights that aids them in Critical decisions making. *************************************** SELECTED CAREER HIGHLIGHTS ✔ Negotiated and owned 100M in annual buying contracts from manufacturers and suppliers of RM/PM and finished goods; saved relationships with Wal-Mart and other key accounts by improving MABD and fill rates to 99.5%+. ✔ Made significant improvement to stock management to virtually eliminate monthly backorders from 1.5M to <25K. ✔ Generated an 8% YOY reduction in Cost of Goods through effective negotiations with Suppliers resulting in improved profitability for the Company. *************************************** KEY AREAS OF FOCUS ☑ Global Strategic sourcing ☑ Sourcing of all Input Materials (Direct & In-direct) ☑ Supply Chain Optimization. ☑ Sales & Operations Planning (S&OP) ☑ SOP, Policy & Process creation ☑ New Product Development & Launch ☑ Supplier Relationship Management ☑ SLA & KPI Attainment ☑ Global Resource Management ☑ Category Management ☑ Warehousing, Logistics & Freight Management ☑ P&L and Budget optimization *************************************** I’m always open to expanding my network and connecting with other top professionals. Please add me as a connection and contact me at: [email protected]
Prashant Kumar’s Current Industry Gaf
Prashant
Kumar’s Prior Industry
Samsung Electronics
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Dabur
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Namaste Laboratories
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Gaf
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Work Experience

Gaf
Director Raw Material & Outsourced Procurement
Sun May 01 2022 00:00:00 GMT+0000 (Coordinated Universal Time) — Present
Namaste Laboratories
Head of Operations
Mon Jul 01 2013 00:00:00 GMT+0000 (Coordinated Universal Time) — Sat May 01 2021 00:00:00 GMT+0000 (Coordinated Universal Time)
Dabur
General Manager - Packaging Material & Indirect Procurement
Fri Jul 01 2011 00:00:00 GMT+0000 (Coordinated Universal Time) — Sat Jun 01 2013 00:00:00 GMT+0000 (Coordinated Universal Time)
Dabur
Sr. Manager - Central Procurement
Wed Jul 01 2009 00:00:00 GMT+0000 (Coordinated Universal Time) — Wed Jun 01 2011 00:00:00 GMT+0000 (Coordinated Universal Time)
Dabur
Manager - Central Procurement
Fri Jul 01 2005 00:00:00 GMT+0000 (Coordinated Universal Time) — Fri Jun 01 2007 00:00:00 GMT+0000 (Coordinated Universal Time)
Dabur
Assistant Manager - IT Procurement
Tue Oct 01 2002 00:00:00 GMT+0000 (Coordinated Universal Time) — Wed Jun 01 2005 00:00:00 GMT+0000 (Coordinated Universal Time)
Samsung Electronics
Assistant Manager - Information Systems
Sun Jul 01 2001 00:00:00 GMT+0000 (Coordinated Universal Time) — Sun Sep 01 2002 00:00:00 GMT+0000 (Coordinated Universal Time)