Prakash Padala

Sr. Manager – Supply Chain – Export & Import at Hyva India
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Contact Information
us****@****om
(386) 825-5501
Location
Mumbai, Maharashtra, India, IN
Languages
  • English Professional working proficiency
  • Hindi Professional working proficiency
  • Marathi Professional working proficiency
  • Telugu Professional working proficiency

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Experience

    • India
    • Motor Vehicle Manufacturing
    • 1 - 100 Employee
    • Sr. Manager – Supply Chain – Export & Import
      • Mar 2018 - Present

    • India
    • Electric Power Transmission, Control, and Distribution
    • 700 & Above Employee
    • Sr. Manager - EXIM
      • Mar 2013 - Mar 2018

    • Entertainment Providers
    • 100 - 200 Employee
    • Deputy Manager – Supply Chain – Purchase, Export - Import
      • Dec 2007 - Mar 2013

      Formerly Known as – Adlabs Films Limited – BIG CINEMAS During this tenure, I worked closely with Head – Supply Chain & Operations to institutionalize supply chain processes across business units spread in India, US, UK & Malaysia. These processes were applicable to group and subsidiary companies of RMWL, RMWL JV’s & SEZ units. Undertook end to end responsibility for entire spectrum of supply chain activities including vendor sourcing, negotiations, logistics / EXIM, product delivery and payments / remittances. Deftly handled commercial & SEZ, EPCG, SFIS, export incentive schemes, SFIS, Re-exports/imports, International Setups & Multi country customs clearances. Ensured compliance to country specific statutory requirements. I was also responsible for procurement for IT hardware and software for business operations and capital expenditure for new projects. A key part of my role was to ensure profitability in supply chain operations. Linked procurement costs directly to working capital and cash management of various business divisions. Ensured cost efficiency in capex and opex. Forecasted project wise fund requirements and opened letters of credit to meet cash flow needs. Analyzed projected vs actual spends and ensured spends were in line with plans. Hands on experience in working in a SAP environment. My sound technical & financial acumen enabled me to resolve issues related to customs, SEZ, DGFT etc with consummate ease. Highlights  Individually handled media spent of approx Rs. 200-250 Crs  Recorded a significant saving by deftly utilizing available resources  Reward with Increment of 72% as a performer in financial year 2009-10  Actively involved in procurement and delivering of requirements for Reliance Media Works Limited Digital Test beds screens etc  Contributed in procurement and delivery for set up of international offices in Malaysia, USA, UK while ensuring statutory compliance  Provided technical support to crew member for MAMI Film Festival-2012 Show less

    • Computers and Electronics Manufacturing
    • 700 & Above Employee
    • Officer – Commercial & EXIM – Project Team
      • Mar 2006 - Dec 2007

      As a Commercial & EXIM Officer, I was responsible for ensuring smooth execution of all commercial, imports, exports and logistic activities of business group including projects, thirty party imports & manufacturing unit. Partnered with Factory Works Manager and Product Manager to plan and execute imports to meet factory and project requirements. Liasioned with banks to ensure timely release of lc, tt payments, retiring original shipping documents and timely submitting ex-change control copy of b/e to bank’s. Created and released PO’s to foreign suppliers, verified dispatch schedules & shipping documents, ensured timely custom clearance of cargo and timely delivery. Prepared all documents required to clear the consignments with the duty benefits (SEZ/EPCG/Advance licence/deemed export / power projects/SFIS/STP/etc.) to the customer. Ensured all pre and post shipment documents were complete in a timely and accurate manner. Deftly handled matters related to advance licenses, duty drawback, fixation of brand rate, terminal excise duty refunds under deemed exports and follow-up with respective government bodies for obtaining the licenses, payments, certificates, refunds, closures of licenses etc. I was a key team member for sending RFQ’s. Contributed in identifying and negotiating with freight forwarders and local transporters for enhancing cost efficiency. I also designed and circulated various MIS related to supply chain activities to assist management decision making. These included PO released, shipment executed and pending, commission due statements for direct orders placed by the customer to overseas suppliers. Show less

    • Officer - Exports
      • Mar 2005 - Mar 2006

      During this tenure, I gained rich experience in independently handling export documentation and licensing with government authorities such as customs, DGFT, Jt DGFT, export councils, octroi etc. Took necessary steps for obtaining advance licenses, EPCG, DFRC, DEBP license. Liaisoned with banks for all import – export activities. A key part of my role was ensuirng all documents including licenses and EXIM records were complete and correct at all times. Verified pre and post shipment documents against L/C terms and negotiated with banks for timely release of payments. Ensured timely closure of licenses to obtain EODC, redemption certificates and cancellation of the bonds executed with customs for import’s against export obligation. I also undertook custom audit / verification of export shipping bills and ensured timely release of payments. Show less

    • Purchase – EXIM Assistant
      • Feb 2004 - Feb 2005

      I started my career with Universal Comfort Products Ltd where I was ensured smooth execution of EXIM activities. Worked closely with Global Sourcing Manager, Factory Works Manager, Sales & Logistics teams for import procurement planning. Co-ordinated with CHA’s and freight forwarders ensuring timely clearances of cargo. Ensured timely release of PO, establishment of LC and TT payments to overseas suppliers. Ensured timely submission of exchange control copies to banks. Ensured accuracy and timeliness in online applications submitted. Prepared landing cost sheets for all consignments and ensured timely bill payments. Designed and shared various MIS related to Funds forecast, Bonded Stock Statement, Goods Under Clearances, and Pending Purchase Order Shipments and maintained DEPB, Advance Licensee Utilization. Prepared monthly insurance declaration lodging claims and arranged for surveyor to prepare claims reports. Show less

Education

  • Lala Lajpatrai Institute of Management
    Masters of Finance Managment, Finance and Financial Management Services
    2006 - 2009
  • Export trade & Training Institute
    Diploma in Export & Import Management
    2003 - 2004
  • TVC Institute of Management
    Diploma in Central Excise, Customs & Service Tax
    2003 - 2004
  • Guru Nanak College of Arts Science & Commerce
    bachelor's degree, Commerce
    1999 - 2003
  • Andra Education Society High School & Jr College
    1987 - 1999

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