Top Skills Product Development Project Management Process Improvement
Languages Portuguese (Elementary) English (Native or Bilingual) Hindi (Native or Bilingual)
Honors-Awards Employee Achievement Award
Sachin Parikh Group CFO at Nykaa.com Mumbai Area, India
Summary Sachin has a MBA with an emphasis on Strategy and Operations from University of Michigan. In addition he has a strong technical background with a Masters in Electrical Engineering specializing in wireless communication. He has over 10 years of experience working in the US. He was part of the strategy and operations practice at Deloitte US. His key focus areas/ expertise are around Financial planning/ strategy, Corporate Strategy, Post Merger M&A, Operational strategy, supply chain management, cost reduction using Lean Six Sigma. He has varied industry experience from consumer goods, telecommunication industry, automotive, renewable energy, chemicals, packaging and mining industries.
Green Belt Six Sigma certified
Entrepreneurial :- Started a company with 5 other Chemical distributors in Michigan to bridge the gap between suppliers from low cost manufacturing locations and customers in North America.
Nykaa.com CFO September 2015 – Present (4 years 7 months) Mumbai
Deloitte Manager – Strategy & Operations December 2012 – September 2015 (2 years 10 months) Chicago *Client: Top 5 Automotive Supplier
• Analyzed Product Development practice using value stream mapping/ churn analysis to re-synthesize the complexity of the development process to identify gaps/ inefficiencies • Developed solutions related to process, communication, organization and gate review structure to improve development time by 15-20% • Identified gaps and recommended solutions in resource deployment model and module development to improve efficiency and decrease development cost by $ “XX”M
*Client: Multi-national construction, mining, and industrial equipment manufacturer • Managed PMO processes for global divestiture/ integration team collecting and synthesizing data across all active regions globally; improving coordination and reducing issues • Supported and managed global integration, planning and coordination across all functions synchronizing best practices and activities • Developed a customizable tool for future smaller/ less complex integration reducing the overall effort for all future executions and improving efficiency • Led and managed key cross functional meetings across all the service/ functional line leaders globally
*Client: Beverage Packaging Company • Implemented customized business excellence program to improve efficiency and develop the culture of continuous improvement • Led two projects from the define phase to identify potential root causes and improvement opportunities to realize the target benefits of $XXM/yearly • Trained the client on Lean Six Sigma tools and successfully executed a project on improving efficiency during line changes; increasing production with benefits of $XXM/ yearly • Analyzed and developed an inventory model to optimize spare parts inventory, reduce production downtime due to lack of spare parts and excess inventory with benefits exceeding greater than $XXM/ yearly
Deloitte Consulting LLP Strategy and Operations Summer Associate June 2012 – August 2012 (3 months) *Client: Multi-national construction, mining, and industrial equipment manufacturer
• Developed HR requisition process for the integration management office, Identified gaps in the HR process and recommended changes to mitigate risk of talent loss during the merger • Developed PMO structure and governance for integration team to align activities across the organization, provided clear structure and roles to ensure timely decision making • Developed playbook to standardize divestiture process for inventory management function , efficiency gained in integration of operations by creating repeatable / standard processes and tools
*Client: Top 30 Global Automotive Supplier • Analyzed internal and external processes of the client and recommended operational changes to improve revenue and costs operating model/ process • Created and conducted customer survey to prove hypothesis that the client needs to upgrade their systems, and led to improved understanding of their competitors capabilities
Continental 5 years 8 months Project Manager December 2010 – March 2012 (1 year 4 months) Troy,MI -Manage engineering staff and R&D budgets on a project level. – Create and maintain internal and external project action item list. – Ensure the I B&S requirement management strategy is being followed within project team. This includes spec compliance matrices, corporate use of tools. – Ensure all I B&S platform/reuse technologies and strategies are implemented. -Acted as the primary client liaison for the system-design leads by understanding the scope, conducting gap analysis, performing business process re-engineering and assessing existing control mechanisms to develop the next generation wireless products for Honda. -Managed effectively the execution of the global engineering project across the North American and European region by outlining daily key tasks for seven lead engineers, assigning goals and reporting progress status with key performance indicators (KPI) to the Director of Global Business Development. -Delivered additional value to client by facilitating workshops, creating organizational buy-in to the deployment plan and timeline as well as responsibilities to gain alignment across cross-functions.
Associate Customer Technical Liaison December 2008 – December 2010 (2 years 1 month) •Project Quote Lead for the Communication Electronic module with projected lifetime sales of $XX Million. Analyzed different volume scenarios and module types from multiple global locations to optimize cost and effort needed to successfully launch this product. We are currently short listed as one of the two suppliers for the final reviews. (Sorry cannot give more details) •Manage 4 automotive projects involving Ford, Mercury and Lincoln models by acting as a liaison between Ford and Continental. Successfully launched Push Button Start System in the Lincoln MKS.
Resident Engineer August 2006 – December 2008 (2 years 5 months) •Led functional teams comprising of the customer and internal groups and tracked open issues in weekly meetings. Improved Customer satisfaction by proactively addressing tasks to meet the Project timeline and ensuring smooth project management. •Designed process details of Diagnostics Requirements Specifications for all Push Button Start System. This document is used as a guide by Engineers at Continental and Ford. •Led warranty meetings to resolve and analyze manufacturing and functional issues to reduce future warranty costs. Trouble-shooted various technical issues related to program launches with respect to their claims. Reduced Warranty claims by 25% on current production Lincoln module. •Led a team of 11 to successfully resolve a critical launch issue in a Mercury Project. About 6000 cars had to be reflashed in a span of 3 days with limited resources at my disposal. Due to effective coordination of team effort the task was completely successfully in 2.5 days. Received Employee Achievement Award in 2008 for my dedication and hard work.
Clean Air Task Force Consultant (Action Based Learning) January 2011 – April 2011 (4 months) -Formulated business plan for non profit organization to expedite commercialization of low carbon initiatives in India, with focus on coal, nuclear and base load energy sources.
Tire Recovery Technologies (TDE) Consultant (Multidisciplinary Action Project MAP 2010) August 2010 – December 2010 (5 months) Ann Arbor,MI
-Developed comprehensive market entry strategy for small scale captive energy generation from scrap tires. -Defined a plan to overcome the entry barriers and analyzed the financial viability of the plan.
Codachem Founder, Business Development Manager 2008 – 2009 (1 year) •Founded Codachem LLC to exploit potential competitive advantages and opportunities in the Specialty Chemical Industry identified through market research reports. Selected partners with diverse and complementary background and developed detailed business plan. •Sourced and negotiated pricing with suppliers from the emerging economy to gain competitive advantage in North American market. •Conducted market research in collaboration with The Ross School of Business to understand the buying patterns and preferences of the most attractive market segment.
University of Massachusetts Dartmouth 1 year 9 months Resident Computer Consultant, Network Operation Center January 2005 – May 2006 (1 year 5 months) •Managed and led the University’s residential IT network. •Provided troubleshooting and maintenance support to faculty and students. •Reduced the turnaround time for student’s issues by 50% by standardizing the process.
McDonalds Corporation – Research Assistantship September 2004 – May 2005 (9 months) Website Development for Disabled Students
•Developed website using Cold Fusion for the Ronald McDonald House Charities. •Interacted with teachers and students from different Schools for the challenged around the University to get feedback on the website. Interfaced games and a message board with the site as per their request.
Education University of Michigan – Stephen M. Ross School of Business MBA, Strategy and Operations · (2009 – 2012)
University of Massachusetts Dartmouth Masters, Electrical Engineering · (2004 – 2006)
University of Mumbai BE, Eletronics and Telecommunictions · (2000 – 2004)