Praveen Naraharisetti
Parts Inventory Lead
Bengaluru
Summary
Experienced supply chain professional with over 9+ years of experience in end-to-end supply chain and inventory management. Organized and dependable candidate successful at managing multiple priorities with a positive attitude. Willingness to take on added responsibilities and meet team goals
Overview
10
10
years of professional experience
1
1
Certification
3
3
Languages
Work History
Parts Inventory Lead
Caterpillar India Pvt Ltd
08.2022 - Current
- Measure the inventory levels accuracy by generating service loss and months of supply reports
- Analyze inventory levels and adjust the available quantity as needed to minimize the excess inventory
- Smooth transition of part undergoing supplier or engineering change and manage the obsolete parts to prevent excess inventory
- Lead and direct the part-disposition and part & supplier change teams to ensure that inventory goals and objectives are met
- Collaborate with NPI,CPI and product groups to ensure that inventory needs are met
- Establish clear and achievable KPIs that align with organizational objectives by determining specific targets from each KPI
- Communicate results and progress to the team and encourage the culture of continuous improvement
Supply Chain Planning Engineer
Caterpillar India Pvt Ltd
10.2020 - 07.2022
- Design and implement planning process including demand forecasting, inventory management and supply planning
- Use data analytics and modeling techniques to identify areas for improvement and optimize supply chain performance by implement and maintain supply chain planning systems
- Continuously monitor and improve forecast accuracy of DRPR system
- Collaborated with procurement team to align purchasing strategies with inventory needs, reducing costs
- Continuously monitored and identified opportunities to improve supply chain planning process and systems
- Assessed the impact of external factors on inventory levels, adjusting strategies to mitigate risks from supply chain disruptions
- Monitored inventory ageing reports to prevent obsolescence and minimize loss through depreciation
- Provided detailed inventory reports to management, highlighting trends and making recommendations for improvements
- Collaborated with procurement and support teams to aid smooth-running part movement and coordination
- Process the supersession and take the right decision on RN code and part disposition
Lead Parts Product Analyst
Caterpillar India Pvt Ltd
11.2017 - 09.2020
- Developed comprehensive reports summarizing analytical findings for stakeholder review
- Designed and implemented advanced predictive models to forecast market movements
- Utilized advanced Excel functions to manipulate large datasets for insightful reporting
- Coordinated the deployment of new systems, ensuring minimal disruption to business operations
- Collaborated with engineering and product groups to make decisions on part serviceability and initial stocking for the smooth launching of NPI programs
- Provide a manual trigger for demand planning to match the sudden increase in the sales for classified parts
- Developing quality check reports for NPI parts and to develop actions to mitigate quality errors
- Identify the Pending Discontinued & de-expediting parts and work with the LPA team to de-expedite the schedules
- Monitor the Engineering change parts inventory levels, Back Orders, ED, MOS and expedite the right quantity of schedules with respect to the part class
- Experienced in developing VBA automations and classroom trainer for advanced Microsoft excel
- Developed various PowerBI dashboards and managed schedule refresh and user access
NPI Engineering Analyst
Caterpillar India Pvt Ltd
05.2015 - 10.2017
- Initiate coordination with engineers and various cross-functional groups to update specifications and understand deliverables to achieve customer and engineering requirements
- Review parts reference data to provide forecasts for inventory planning, serviceability calls, and part analysis and improve stocking decisions at the right place
- Investigate engineering changes on existing/NPI parts
- Product content, Structured BOM, Source & Notice class
- Closely work with the Product team to ensure the worldwide parts availability before the NPI launch
- Cancelling the parts depends on the engineer request & add the valid replacement parts if necessary
- Follow up with the Sourcing/ Buyer team to release schedules to appropriate suppliers in a timely manner
- Reduce the backorder tags by monitoring the dealer hits.
Education
M.Tech - Engineering Design
JNTU Hyderabad
Skills
Supply Chain
Inventory Management
New Product Introduction
Change Management
Power BI
Data Visualization
SAS Programming
VBA Automation
Certification
Six Sigma Green Belt
Hobbies and interests
- Numismatics
- Teaching
- Playing Cricket and Badminton
- Gardening
Timeline
Parts Inventory Lead
Caterpillar India Pvt Ltd
08.2022 - Current
Supply Chain Planning Engineer
Caterpillar India Pvt Ltd
10.2020 - 07.2022
Lead Parts Product Analyst
Caterpillar India Pvt Ltd
11.2017 - 09.2020
NPI Engineering Analyst
Caterpillar India Pvt Ltd
05.2015 - 10.2017
M.Tech - Engineering Design
JNTU Hyderabad