Rattan Thakur

Manager - Planning & Commercial at Sterling Generators
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Contact Information
Location
Mumbai Metropolitan Region, IN
Languages
  • English -
  • Hindi -
  • Punjabi -

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Ravindra Pawar

Excellent commercial knowledge and very good in inventory planning.

Ayon Banerjee

Rattan worked in my team at GE’s Consumer & Industrial business in India where he was leading a wide range of responsibilities needed for the smooth functioning of the day-to-day business. I always found him to be a mature individual who would work collaboratively with cross-functional teams & get the desired results in a time-bound manner. Besides being a hands-on & effective manager, Rattan is a humble human being who works well with everyone. I wish him the very best in his future endeavors.

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Experience

    • India
    • Machinery Manufacturing
    • 1 - 100 Employee
    • Manager - Planning & Commercial
      • Apr 2021 - Present

      As a core leader, I am contributing to implement advanced/existing business processes. From primary details to biggest decision making, I am driving strategic process improvements across design, governance, participation, and implementation. One of my key responsibilities is maximizing economy by selecting transportation routes to combine shipments or consolidate warehousing and distribution. The key focus of my role is developing material costs forecasts or standard cost lists to assess appropriate material handling equipment needs and staffing levels to load, unload, move, or store materials. • Implementing new or improved supply chain processes by planning and monitoring warehouse operations of receipt, storage, and monitoring inbound/outbound logistics. • Focusing on developing relationships with key decision-makers/clients in target organizations and providing best solution to customers in Freight Forwarding and Logistics aimed at cultivating healthy relations with them for securing repeat business. • Delivering required material within timeline mentioned on the LPO and monitored any divergence between LPO, DO and material quantity or quality. • Developing long-term partnerships with local & foreign suppliers, acquiring techno-commercial offers from various vendors, undertaking reconciliation of vendor accounts for pending materials and payments. Show less

    • Assistant Manager - Planning & Commercial
      • Apr 2017 - Mar 2021

      On a regular basis I develop and implement procedures or systems to evaluate or select suppliers by collaborating with other departments, such as procurement, engineering, and quality assurance, to identify or qualify new suppliers. I manage operations and project flawlessly while consistently delivering desired results and contributing to revenue producing activities. • Facilitating stock movement to new territories by understanding and implementing new processes. • Maximizing profit for the organization by conducting contract negotiations and closing the agreements on time. • Managing activities related to strategic or tactical purchasing, material requirements planning, inventory control, warehousing, or receiving. • Developing good contacts with companies, agents, and port officials through good negotiating skills and understanding of market movement developed through exhaustive reading of market reports. Show less

    • India
    • Real Estate
    • 1 - 100 Employee
    • Manager – Planning & Commercial
      • Dec 2010 - Mar 2017

      I look for various ways of reducing cost and maintaining the quality standards for ensuring improved profitability and customer satisfaction by successfully managing the operations related to enhancement of operations and processes. • Managing the inventory levels thereby ensuring optimum use of inventory. • Monitoring and analyzing the loss in transit and undertaking measures to control the same. • Drafting stocking strategy for new product launches and product by collaborating with the Marketing Teams. • Assessing performance of the vendors based on various criterions such as percentage for rejections, quality improvement, safety, timely delivery, credit terms, etc.. Show less

    • Sr. Business Process Executive
      • Nov 2005 - Nov 2010

      > Responsible to control and coordinate with all the departments and ensure efficient and smooth operations, sourcing out new sources for different products lines & Report to the General Manager on daily basis and update day-to-operations and improving inventory velocity. > Integrate systems and processes through the supply chain Sales team, Dealers, Warehouse, Sourcing and Finance Team to share valuable information, including, forecasts, inventory and transportation etc. > Manage commercial matters and extensively coordinate with the vendors / suppliers for preparing and finalizing rate contracts with the vendors related to works and ensure timely renewal of contracts after complete review. > Ensure timely service delivery as well as collections from the clients within the stipulated credit period while managing the distribution system of the company and maintaining smooth operations across the units. > Responsible for Generating Purchase Orders for all North Region in QAD and Oracle, AR/AP booking in QAD > Maintain timely database reflecting the trends & developments of the company regarding sales, business development etc. for budgetary and strategic review to enhance the business of the company. > Generate various reports on the company developments; prepare inventory receipt/consumption reports, aging, contractor exposure, rejection and other reports as required by management to track the inward / outward movement of goods. > Work closely with Sales and engineering to eliminate issues that may affect quality and delivery requirements, leading supplier problem resolution efforts and initiate, communicate, and implementing appropriate sourcing policies, procedures, processes and controls. > Coordinate with finance department for timely release of payments to vendors and contractors. Show less

Education

  • National Institute Of Management Solution - New Delhi
    MBA - Supply Chain Managment, A
    2007 - 2009
  • Punjab University Chandigarh
    Psychology
    1999 - 2003
  • Punjab University Chandigarh
    B.A
  • Kendriya Vidyalaya - Zirakpur

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