Avinash Kumar Singh
Manager @Tata Hitachi | Inventory planning | inventory optimization | demand forecasting | MRP | order management | supply chain management | ERP system | process improvement | data analysis | MIS
- Role
- Inventory Manager at Tata Hitachi Construction Machinery Company Private Limited
- Location
- Kharagpur, WB, IN
- LinkedIn followers
- 500 followers
About Avinash Kumar Singh
Results-driven Inventory & Supply Chain Management leader with 24+ years of…
Experience
Inventory Manager
Tata Hitachi Construction Machinery Company Private Limited
May 2001 — Present · Kharagpur, IN
In my role at Tata Hitachi, I have optimized supply chain processes to reduce lead times and improve response times to customer demands. Drove cross-functional collaboration initiatives, aligning inventory management goals with sales, operations, and logistics teams, ensuring unified strategies and seamless execution. Implemented demand forecasting models, improving forecast accuracy & reducing stockouts for high-demand products. Demonstrated a proven track record in tactical inventory planning and control, consistently optimizing inventory levels in alignment with approved budgets and surpassing target benchmarks. Expertly utilized advanced inventory management techniques, including safety stock calculation, reorder point (ROP) optimization, customer service level (CSL) metrics, and MAPE forecasting, alongside ERP systems, significantly enhancing operational visibility, accuracy, and efficiency. Developed and executed comprehensive inventory strategies to minimize stockouts, maximize turnover rates, and improve key metrics such as inventory days and inventory turns, resulting in enhanced profitability and streamlined operations. Implemented rigorous monitoring systems for standard deviation, forecast errors, and allocation across multi-location networks, achieving substantial reductions in holding costs and effectively managing excess stock. Conducted in-depth analyses of FSN (fast-moving, slow-moving, non-moving) and obsolete inventory, delivering actionable recommendations that reduced excess stock, enhanced resource utilization, and improved overall profitability. Collaborated with procurement teams to align forecasts with procurement strategies, ensuring timely fulfillment of dealer and customer requirements while optimizing stock levels. Implemented lean supply chain methodologies and best practices, such as Theory of Constraints (TOC), FIFO, LIFO, 5S, 3T, and other operational excellence initiatives, to drive efficiency and profitability.
Education
Symbiosis Center For Distance Learning
Post Graduate Diploma In Supply Chain Management
2008 — 2010
Symbiosis Center For Distance Learning
Post Graduate Diploma in Business Administration(PGDBA)
Institute of Mechanical Engineer
Diploma In Mechanical
2001 — 2005
Skills
- Project Planning
- Heavy Equipment
- Parts
- Commissioning
- Inventory Management
- Sap Erp
- Engineering
- Pumps
- Hydraulics
- Maintenance & Repair
- Procurement
- Management Information Systems (Mis)
- Negotiation
- Management
- Team Management
- Dealer Management
- Machinery
- Troubleshooting
- Mis
- Operations Management
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