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
Six Sigma Green Belt
M.Tech - Engineering Design
JNTU Hyderabad
Similar Profiles
Medha Kant ChoudharyMedha Kant Choudhary
Senior Finance Manager (Factory Finance Head) at Caterpillar India Pvt LtdSenior Finance Manager (Factory Finance Head) at Caterpillar India Pvt Ltd
Ajeethkumar CAjeethkumar C
Supply Chain and Logistics Analyst at Caterpillar India Pvt LtdSupply Chain and Logistics Analyst at Caterpillar India Pvt Ltd
Banupriya VenkatramanBanupriya Venkatraman
MRC COORDINATOR at Caterpillar India Pvt LtdMRC COORDINATOR at Caterpillar India Pvt Ltd