Summary
Overview
Work History
Education
Skills
Accomplishments
Commodity Expertise
Languages
Interests
Timeline
Generic
Venkat Balakuntala

Venkat Balakuntala

Fremont,CA

Summary

Experienced strategic supply chain leader with a strong background in global procurement, sourcing, contract negotiation, and operations management within the automotive industry. Known for developing and implementing innovative global commodity strategies, establishing supplier management policies, and mentoring subject matter experts and supplier specialists. Proven track record of leading high-performing cross-functional teams, fostering collaboration, and achieving impactful outcomes. Skilled in negotiating with executive leadership, managing multi-million-dollar budgets, and executing large-scale investments to strengthen supply chain resilience. Proficient at aligning organizational goals with market demands through continuous improvement initiatives and strategic supplier partnerships.

Overview

12
12
years of professional experience

Work History

Global Supply Chain Manager

Tesla Inc.
09.2016 - Current
  • Lead global supply chain operations for Battery Structures for Vehicle and Robots with annual spend of $1.2B, driving strategic management of 12 suppliers across North America, APAC, and Europe to optimize procurement and ensure operational excellence
  • Devised and executed a $40M strategic partnership plan in collaboration with executive leadership, strengthening service operations and enhancing supply chain resilience
  • Negotiated a $300M investment for a dedicated supplier facility to outsource Battery Structure assembly sourcing, driving long-term operational efficiencies
  • Implemented a low-cost prototype development and rapid go-to-production strategy, reducing $70M per program and expediting time-to-market for key components
  • Improved inventory management at Enclosure suppliers through continuous improvement initiatives, achieving $14.4M in annual cost reductions
  • Spearheaded process improvement initiatives in Tesla’s ERP tool WARP, enhancing the purchase order (PO) creation process for services and CAPEX approvals, identifying lapses, and increasing system robustness
  • Spearhead the development of teams and supply base to support sustainable customer service for critical body components and outsourced 1100 parts over 4 years
  • Developed a 'Should Cost' tool for sheet metal stamping, providing a foundational model that was later expanded and personalized for other commodities

Senior Officer, Purchasing

Toyota Kirloskar Motor Corp.
09.2013 - 07.2015
  • Managed purchasing, sourcing, and cost planning for transmission suppliers with an annual spend of $700M, ensuring alignment with organizational cost objectives and quality standards
  • Led cross-functional teams of 20+ members across 3 international Toyota affiliates to drive product and supplier development, fostering collaboration and enhancing global supply chain efficiency
  • Increased localization value from 83% to 93% and achieved $16M in annual savings by driving a 15% cost reduction through supplier integration and supply chain optimization
  • Implemented Toyota Production System principles at Tier I and Tier II suppliers of SUV Synchronizer Rings, enhancing operational efficiency and supplier performance

Project Intern

Bosch
01.2013 - 05.2013
  • Designed and fabricated a semi-automatic O-ring assembly machine, optimizing production processes by reducing cycle time and minimizing operator strain
  • Integrated ergonomic and efficiency-focused features to enhance operational performance and workforce productivity
  • Achieved a 25% reduction in cycle time while eliminating human fatigue through process optimization and automation enhancements

Education

Executive MBA - Program for Leadership

Harvard Business School
Boston, MA
06.2023

Master of Science (MS) - Integrated Manufacturing Systems Engineering, Minor in Industrial Engineering

North Carolina State University
Raleigh, NC
08.2017

Bachelor of Engineering (BE) - Mechanical Engineering

Visvesvaraya Technological University
India
06.2013

Skills

  • Tesla Warp
  • Oracle ERP
  • Developing AI tools for Supply Chain
  • Microsoft Excel
  • Microsoft Project
  • Smartsheet
  • Jira
  • Lean Six Sigma
  • Value Stream Mapping
  • Kaizen
  • Toyota Production System
  • Supplier relationship management
  • Team management
  • Multitasking
  • Vendor management
  • Value stream mapping
  • Project management

Accomplishments

  • Directed a cross-functional global team to execute the largest VAVE project for Model 3 and Model Y underbody, resulting in $88M annual savings by initiating crossmember re-design
  • Designed and established the industry’s first Battery Structure Team, creating an agile team structure with expertise in program management, prototyping, roll forming, e-coating, and NVH.
  • Built contract manufacturing for Aftermarket Body components and negotiated industry first manufacturing global facility by a leading International manufacturer and 2nd dedicated contract manufacturer for automotive aftermarket body components manufacturer in North America
  • Established the supply base for Gigafactory Shanghai (2019) and Gigafactory Berlin (2022), supporting Model 3 and Model Y production, and negotiated with 2 multi-billion-dollar companies to build factories near Tesla Shanghai, reducing costs by 8%.
  • Headed a design competition between steel and aluminum teams, achieving a cost-optimized bumper design that generated $26.5M in annual savings globally across 4 Tesla factories

Commodity Expertise

Automation, Industrial Robotics, Motor, Gearbox, Sheet Metal, Injection Molding, Casting, Forging, Mechanical components,

Languages

English
Native or Bilingual
Kannada
Native or Bilingual
Telugu
Full Professional
Hindi
Full Professional

Interests

AI in supply chain, Education, Industry 40, Technology sourcing, Organizational transformation to foster ethos of learning and gratitude

Timeline

Global Supply Chain Manager

Tesla Inc.
09.2016 - Current

Senior Officer, Purchasing

Toyota Kirloskar Motor Corp.
09.2013 - 07.2015

Project Intern

Bosch
01.2013 - 05.2013

Executive MBA - Program for Leadership

Harvard Business School

Master of Science (MS) - Integrated Manufacturing Systems Engineering, Minor in Industrial Engineering

North Carolina State University

Bachelor of Engineering (BE) - Mechanical Engineering

Visvesvaraya Technological University
Venkat Balakuntala