Rakesh Somashekar

Chicago, IL • adhy99@r.postjobfree.com • 773-***-**** • linkedin.com/in/rakesh-somashekar PROFESSIONAL EXPERIENCE

Namaste Labs Chicago, IL

Supply Chain Specialist July 2020 – Present

• Reduced logistics costs on the replenishment of raw materials by 5% and achieved delivery time accuracy of 97%+.

• Administered 300+ orders per month and maintained and organized 150 SKU items (availability).

• Assisted 20-25 people to ensure a 98% accuracy rate regarding production and 100% precision with delivery using SAP ERP.

• Formulated inventory projections and supply-demand summaries by creating optimization models in excel, preventing shortages and optimizing inventory using V look up, pivotable and filter. Compass Group Chicago, IL

Purchaser and Inventory Handler Intern Aug 2019 – May 2020

• Boosted inventory accuracy from 50% to 90% within a month by implementing an accurate tracking system using SAP ERP.

• Collaborated with the internal and external teams and field operations to provide 100+ vendors with accurate execution protocols.

• Formulated 4-5 monthly quotations to compass units utilizing the Foodbuy compliant programs and negotiated with 5-6 vendors to receive reasonable prices.

• Interacted with manufacturing team to support global strategic sourcing activities for the development of an internal portfolio in raw materials sourcing and ensure a stable supply chain. BOSCH Ltd. Bangalore, India

Supply Chain Intern Jul 2017 – Dec 2017

• Planned supply chain for 3 manufacturing plants with efficiency rate of 97%.

• Forecasted monthly, quarterly, and annual demand to make informed business decisions, contributing to the 90%+ client satisfaction rate.

• Modeled 10-15 monthly financial reports contributing to spend analyses, cost modelling, and data analysis using advanced excel skills like V look up, pivot tables and filters.

• Communicated KPIs across 4 teams (engineering, finance, operation, and supply chain) to enhance knowledge transfer. CIM Technologies Bangalore, India

Junior Analyst Jan 2017 – Jun 2017

• Aligned with 8 prospective clients, successfully onboarding 3 within 5 months.

• Developed a client priority list which improved product availability by 21%. Decreased spending costs by 10% with accurate forecasting and assisted in the budget creation for the FY-2017 by utilizing sales and demand forecasts.

• Engineered a planning tool using SAP ERP to track KPIs measuring capacity health and created supplier selection criterion.

• Collaborated with an internal team of 10-15, 15 raw material vendors, 20 major clients, and 12 smaller clients.

• Forecasted with 96% accuracy, impacting business decisions, revenue development, and client relations.

• Analyzed project targets to achieve operational success for 6 teams (logistics, supply chain, finance, manufacturing, engineering, and HSSE) and achieved a 100% target completion rate. Bharat Heavy Electricals Limited Bangalore, India

Logistics and Inventory Intern Jul 2016 – Dec 2016

• Forecasted for demand metrics and KPI’s and updated the user guide on adjusting forecasts.

• Administered Gold Standard Supply Chain Scorecards on various warehouses and distribution centers and tracked warehouse conditions by providing monthly reports using advanced excel skills.

• Aided in performance tracking for 10+ teams by designing and developing dashboards and created reports and data models.

• Improvised forecast accuracy for demand planning using statistical tools for resin distribution supply and demand, observing 98% production efficiency rate using SAP ERP.

Eicher Engineering Solutions Mysore, India

Lean Six Sigma Intern Jan 2016 – Jul 2016

• Worked with a team of 12 and assembled a 12-cylinder commercial vehicle engine, lubrication systems, cam shaft, and gears.

• Increased manufacturing productivity by 3% through lean manufacturing tools and principles, including setup reduction, standardized work, value stream mapping, A3 thinking, and cost/benefit analysis.

• Interacted with 5-6 suppliers, ensuring client relationships were intact, and maintained accurate inventory.

• Engineered 9 lean sub systems through DMAIC approach from defining the scope, schedule, resources, and cost-benefit analysis to redesign, re-layout, implementation, and hyper care. EDUCATION

Master’s in Mechanical Engineering, Illinois Institute of Technology, Chicago, IL May 2020 Micro Master’s in Supply Chain Analytics, Massachusetts Institute of Technology Jan 2020 Bachelor’s in Mechanical Engineering, Don Bosco Institute of Technology, Bangalore, India July 2018 SKILLS & INTERESTS

Softwares: Microsoft Office, SAP MRP, MM, PP, MES, ORACLE, MATLAB, AutoCAD, ANSYS, Creo, Solidworks. Languages: English, Kannada, Hindi.

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