Bhaskar Padalkar

About Bhaskar Padalkar

I am a seasoned professional with 18 years of dedicated experience in Supply Chain and Cost Management, specializing in new product development and enhancing cost efficiency across diverse industries.Currently serving as a Lead Cost Consultant in Supply Management & Logistics, I have led the development of digital cost estimation tools and spearheaded sustainable cost improvement processes. My expertise includes Competition Benchmarking, Value Engineering, and conducting detailed bottom-up costing for products and components.Throughout my career, I have successfully led cross-functional project teams managing budgets exceeding $10 million, delivering savings exceeding $3 million through Value Improvement Projects. My work has been enriched by multicultural exposure, collaborating effectively with stakeholders from India, USA, Mexico, and Germany, including recent immersive business excursions to Germany and the USA.I collaborate closely with enterprise Supply Base Managers to formulate critical commodity insights and implement global sourcing strategies. Notably, I have achieved a 98% on-time completion rate for intricate projects and consistently executed initiatives aligned with strategic objectives, particularly in new product development.Proficient in advanced cost engineering techniques such as Activity-Based Costing and Target Costing, I drive sustainable cost improvement initiatives that enhance profitability across the supply chain. My focus remains on leveraging my extensive experience to optimize costs and drive strategic growth in dynamic business environments.

Experience

1. Lead Consultant- Enterprise Technology Engineering Center- Supply Chain

   John Deere

   Nov 2020 — Present · Pune, IN

   Leading Zero Based Costing for proprietary components.• Hands on experience to execute Bottom-up Teardown cost analysis projects to deliver product & component level costing for New and current products.• Developing digital cost estimation tools for specific commodities.• Leading Global cost improvement projects with Value Engineering approach.• Drive cost reduction proposals with global units- Design, Leverage & Global Sourcing.

Education

• Government Polytechnic Kolhapur

  Diploma in Mechanical Engineering, Mechanical Engineering

  2003 — 2005

• V.S. Khandekar Prashala,Kolhapur

  SSC

  1989 — 1999

• Welingkar Institute of Management

  Postgraduate Degree, Logistics, Materials, and Supply Chain Management

• Vivekanand College

  High School, HSC

  1999 — 2001

• Welingkar Institute of Management

  Advanced Diploma in Business Administartion, Business Administration and Management, General

• COEP Technological University

  Bachelor of Technology (B.Tech.), Mechanical Engineering

  2006 — 2008