Venkata (Venkat), Thaduri
262-***-**** (Cell) Email: *******@*****.***
Professional Profile
Enthusiastic and self-motivated professional with an extensive experience in New product development & Introduction (NPD/I), Value analysis Value Engineering (VAVE) and Product optimization. Result and goal orientated with a strong work ethic, drives the change efficiently. Excellent interpersonal, analytical, and problem resolution abilities paired with continuous learning excels in a team environment and has proven success interfacing with external, Internal and leadership teams. Successfully managed core and cross functional teams.
Career Achievements Summary
oManaged and executed at various levels of NPD/I, VAVE, Product optimization, Process development and Change management
oSuccessfully enhanced product profitability by initiating and executing VAVE strategies.
oEngaged and delivered projects to Manitou, GE, Oshkosh, BAE and Transocean firms.
oDeveloped tools and manual on VAVE and Competitive analysis
Core Competencies
oNPD/I and VAVE
oProject & Program management
oProduct Should-Cost
oSupplier cost reduction strategies
oMechanical and Electro-Mechanical engineering
oCompetitive teardown and benchmarking & Ideation
oChange management
oBuilding High performance teams
Professional Experience:
Cost Manager - VAVE - Engineering 2020 - Present
TATA technologies – JLG industries, USA
Managing and executing VAVE and should costing engineering projects across JLG industries.
Establishing road map for cost management and VAVE, NPD engineering integration
Coordination with sourcing and suppliers
Developing design to cost and design to value- Dtv approaches
Developing and executing target cost, VAVE project with vendors
Review supplier capabilities and realize the cost savings
Manage should costing tools and team
Senior Engineer - Value Engineering 2014 - 2020
Manitou Equipment Americas Inc. USA
Managed and executed projects across SSL, CTL, TH and AL products. Managed VAVE and Product optimization by devising value methodology, implementing a GATE process, Product should-cost and driving portfolio of VAVE projects.
Cost Optimization & Business Simplification:
—Generated ~$1M in an average annual cost savings and implemented 100+ VAVE projects to enhance product margins.
—Developed business processes while assembling project teams and steer design-to-value (DtV) and Design to Cost methods.
Product Optimization / VAVE:
—Developing alternative designs using VAVE methodology and coordinating with Design and FEA teams
—Achieved results by utilizing SVC, ROI, should cost and total cost of ownership (TCO) methodology. Having thorough understanding of cost structures.
—Initiated and managed major competitive teardown and benchmarking projects
—Managed and executed projects in Wire harness, fabrication, plastic, casting commodities
—Implemented and managed BDI-DFMA. Implemented throughout projects to identify cost drivers in the parts to drive the optimization.
—Active member of VAVE and executed projects from ideation to execution
—Reviewed best manufacturing process, make-buy analysis and guided engineering team to redesign parts, negotiate with suppliers with minimum to no CAPex.
—Organized 40+supplier workshops to identify cost drivers and gathered ideas
—Executed projects and enhanced product profitability by 2 to 5%
—Fully leveraged IFS ERP system to drive and update cost sets for parts and products
Project Management:
—Presented program status to leadership team along with KPI’s, business case, risks, and strategies.
—Managed project charters, schedules, requirements, budgets (CAPex), forecast review, communication, stakeholder analysis plans.
—Assisting teams on risks, issues management and developed corrective actions.
Supplier Management:
—Coordinated sourcing team to work with suppliers in Fact-based cost reductions
—Identified parts for RFQ’s and suppler negotiations using should cost methods
—Engaged and collaborated with USA, Mexico, Canada, and China suppliers in VAVE projects.
Cross-functional Team Leadership:
—Managed 30+ engineering, test, product management, finance, manufacturing, quality, purchasing, supply chain, sales and marketing teams to attain key project goals. Also, team members from different geographical subsidiaries.
—Built collaborative project teams and executed workshops and brainstorming sessions.
—Mentored teams towards goals and utilizing VAVE methods
Corporate Social Responsibility (CSR):
—Earned recognition for a project to reduce polyurethane in foam
Principal Consultant/Project Manager 2005 - 2014
Wipro Ltd. India and USA
Coordinated efforts of matrixed engineering teams for enterprise-level client projects
across India and USA to ensure achievement of target milestones, resolution of key
business process issues, and proper management of risk exposure.
Management
Customer Engagements and Business Leadership:
—Successful long-term customer retention appreciation for GE, BAE systems and Transocean
—Developed Statement of works for new and renew engagements by understanding customer requirements.
—Setting up Offshore development centers based on resource requirements and SLA agreements.
—Prepare project plans, resources, cross functional team engagements and risks.
Onsite leader (GE, BAE and Transocean):
—Manage the work assignments at offshore and liaison to verify deliverables and team performance.
—Update customer on technical presentations and project status
—Executed design and development activities as part of customer teams
—Supervised onsite and offshore teams to deliver projects, including hiring, interviewing, and coaching.
Technical
NPD and VAVE projects:
—Executed VAVE projects for JLG AWP and TH products. Project deployments including telescopic boom lift platforms, Jib, Control panel and fenders.
—Utilized manual and aPriori should cost methods to evaluate part costs
—Lead offshore team to drive FEA to evaluate the designs
—Developed electro-mechanical products for Ericson, BAE systems and Sanmina.
—Performed COTS parts analysis, sheet metal parts conversion to plastic parts and reduced number of parts.
—Reviewed CFD, FEA reports and Coordinated with Prototype manufacturing and testing
—Extensively utilized CAD systems to create 3D and manufacturing drawings
Compliance & Standards:
—Utilized ASME, ASTM, UL, IEC and ANSI Y14.5
—Conducting verification and validation (V&V), Design qualification (DQ) and Installation qualifications (IQ) per company QMS and specifications.
—Implemented Six Sigma DMAIC to enhance avionics project deliverables.
—Utilized tools including QFD, Pugh Matrix, Brainstorming, RCA and DFMEA
Design Engineer - Consultant 2004-2005
Rann Vision Pvt.Ltd
Deployed at GE IBC, India
●Executed CAD activities for ATS, Wind energy and NEMA enclosures developments; performed engineering change activities.
Education and Certifications:
Bachelor’s in Mechanical Engineering Jawaharlal Nehru Technological University
Associate in Mechanical Engineering Govt. Polytechnic
Computer Aided Design (CAD) Creo & Pro/E, WF, NX, CATIA, and Auto CAD
PLM & Costing Pro/Intralinks, Windchill, Team Center, IFS, Costimator and BDI-DFMA
Software Microsoft Office, Google tools, Microsoft Project and Gantter,
Certifications AI for Project Managements, Emerging Leadership, Project management Program at UWM, Six Sigma GB-DMAIC, Negotiation Skills, Influence Without Authority, Empowering Project Teams & Facilitating Collaboration, SAVE-VAVE trained and NLP Practitioner
Organizations PMI, STEM Mentor for Boys Scouts of America, Volunteer for Habitat for Humanity
Linked-In : https://www.linkedin.com/in/venkatthaduri/