Commercial Officer

Key Skills

Profile Summary

Supply Chain Management

Trade Finance, Online & Offline

Fund Mgmt.

Strategic Sourcing & Procurement

Commercial Shipping & Contract

Mgmt.

Business Development &

Expansion

LC Evaluations

Accounts Receivables

ERP, WFX

SWIFTS

Soft Skills

Commercial professional offering nearly 7 years of experience in handling Export/Import activities, Trade Finance (Export/Import Documentation), Supply Chain Functions entailing Operations Management, Supply Chain Management, Shipping & Logistics, Project Management, Supply Planning and Contract Management Proven capabilities in spearheading complete Trade Finance Operations including Bank Financing, Letters of Credit, Guarantees and Bills/TRs Proficient in leveraging LC evaluation and UCP knowledge to promote better import/export operations with extensive knowledge of the government policies and regulations.

Proven acumen in Contract & SLAs Management with an emphasis on finalization of contracts, bid evaluation, negotiation, collection, bank liaising, invoicing, payment and placement of contract award

Delivered large projects on-time and executed cost-saving techniques, thereby accumulating substantial savings in capital & operational expenditure and improving gross margin & revenue

Chalked out plans for suppliers, capacity utilization, freight optimization & warehousing; monitored finalization & negotiation of key strategies / contingency plans with vendors for procurement of materials/services as per organizational guidelines and contracts

Led end-to-end sourcing function, negotiations, placing contracts and management of supplier and contract as per organization’s policies Expertise in directing all International Shipping, Transportation & Logistics including cargo planning, storage, distribution and payment realizations; expertise in Inland and Sea Multi-modal Transport Arrangement

Career Timeline

Since 201*-****-****

Akash B. Yadav

Supply Chain Management Contracts & Commercial Management Operations Management Finance Management Trade Finance Procurement International Logistics Operations Project Management

Impressive success in setting up & delivering innovative commercial operations, supply chain & procurement solutions and consistently achieving revenue, profit & business growth objectives in rapid-change environments

***********@*****.*** +971-*********

LinkedIn: http://linkedin.com/in/akash-yadav-4b2248181 Communicator Innovator

Thinker

Collaborator Intuitive

DTDC LOGISTICS

Notable Accomplishments Across the Career

Consolidated the Global Logistics functions and centralized the monitoring and operations control for $400 Million Consistently met global service level and inventory targets for value streams in terms of bank charges, freight cost reduction and inventory control

Spearheaded various commercial operations including: Trade Finance Management and Fund Sourcing for over USD 40 Million through banks and other funds Receivable Finance Management through Banks, Trade platforms Funds worth USD 135 Million Developed plans to deliver supply chain in 13 regions across Asia; aligned regional plans to ensure that synergies were optimized in-line with Global Supply Chain strategy Fully reshaped supply chain strategy resulting in an improvement of the service provided to customers from 95% to 99% in a very strong growth environment while drastically reducing costs by 3% and inventory by 5% Decreased transit time by 15% with innovative transportation solutions for finished product distribution; attained best- in-class product transit times through the acquisition and integration of Freight and Mode Solutions, reducing transportation time by 15%

Achieved a single contact point for all buyers under Letter of Credit terms to deal with SCM operations & Finance related issues for shipments origin (India, Sri Lanka, China, Myanmar, Bangladesh, Cambodia & Ethiopia. Documented and negotiated LC discounting rates with banks which improved profit margins. Work Experience

Since Dec’15 with Indochine International, Dubai as Commercial Officer Key Result Areas:

Spearheading complete functions of end-to-end Supply Chain including International Shipping & Logistics, Trade Finance, Procurements, MIS and KPI Analytics, while leading a team of six shipping managers at different country locations (Bangladesh, Sri Lanka, Ethiopia, Cambodia, Vietnam & India) with focus on optimizing overall operational costs

Navigating centralized trade finance operations activities – Bank Financing, Letters of Credit, Guarantees, Bills/TRs; participating in drawing up & implementing annual business development plans in trade & corporate finance Leading Competent Management of Cloud Platform based Supply Chain Management through integration of prevailing ERP/EDI and/or consensus to such diversified platforms Analyzing market insights and devising robust supply chain solutions entailing logistics & clearance to clients in compliance with statutory & organizational rules & laws & Ensuring safe and in-time transportation by selecting most appropriate & cost-effective transportation system specially for Heavy Equipment through specialized containers such as Flat Rack, Open Top and Break Bulk Shipments

Synthetizing with Nominated & Non-Ratified Fleet Operators, Liners Forwarders, Port Authorities, Customs and Shipping Lines to ensure timely & accurate handover

Directing complete sourcing & procurement activities for fabric & accessories through indigenous, non-nominated and nominated sources for manufacturing processes

Analyzing prices, costing and other factors for viability of procurement while evaluating all quality, shell life, maintenance, service and delivery parameters; formulating & implementing strategic sourcing & procurement policies & procedures Heading project expansions, land and property acquisitions & budgeting activities; working as member of the Designing Team to plan and propose the better setup in expansion considering all the parameters of Safety, Compliance and Systems and local and international construction regulations and standards Administering Fund Flow / Receivable Management through Customer Credit Rating and risk surveillance, detection of late payment and manifesting Non Compliances and Bad debts Coordination with US based buyers such as RDG GLOBAL, GUESS, New Look, Next, The Children’s Place and Levi’s for receivable management.

Presiding over Analyzing models, reporting systems, data automation systems, dashboards and performance metrics support that support key business decisions

Reporting to Head of Supply Chain for all pending shipments, payments, accounts receivables, etc. Collecting and analyzing factory budgets for ( Bangladesh, Sri Lanka, Cambodia & Ethiopia ) and reporting to COO Amalgamating Regional Offices Performances Dashboard Management in terms of Shipped Out, Missed Outs, Spillovers, and Shortfalls on weekly, fortnightly, monthly, quarterly and annual basis Administering Contracts & Service Level Agreements with Manufacturing Partners, Logistics associates, Sub-contractors, Suppliers and Vendors and performance monitoring

Developing long-range plans and objectives for the liaison program based on an understanding of a broad range of issues, legislation, programs, and liaison with Government and Non-Government, Revenue and non-revenue based and strict monitoring of adherence to such legitimate positioning. Previous Experience

Oct’13 – Oct’14 with Dtdc Courier & Logistics as a Logistics Executive, Aurangabad, Maharashtra, India Growth Path:

Since Dec’14 Commercial Officer

Oct 13 – Dec’14 Logistics Executive

Certification

Fundamentals of Incoterms

Education

B.E. E&TC, Dr. Babasaheb Ambedkar University, Aurangabad, Maharashtra’13 Diploma: E&TC, Hi- Tech Institute Of Polytechnic, Aurangabad, Maharashtra’09 SSC : Maharashtra Public School, Aurangabad, Maharashtra’05 Trainings

UCPDC 600

Inco Terms & Trade Finance

Social Compliance & Work Safety

Computer Hardware

Effective Manpower Management

Personal Details

Date of Birth: 26th January 1989

Languages Known: English, Hindi and Marathi

Nationality: Indian

Marital Status: Married

Visa Status: Valid Residential Visa for UAE

Address: The Gardens Apartment, Dubai, UAE

Reference

Mr. Sudhish Nambiar (Head Of Supply Chain, Indochine International )

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