Parth Shelke

Operations Specialist @Cosmos Surfaces

San Francisco, CA, US

Monitor and analyze purchase price variances at contract manufacturers, managing over $1M in quarterly cost fluctuations, utilizing SPS ERP systems to ensure accurate data tracking and reporting. • Collaborate with suppliers and contract manufacturers to mitigate cost increases, leveraging Power BI for cost-benefit analysis and predictive analytics, resulting in a savings of $50K per quarter. • Implement cost reduction strategies by utilizing Excel (pivot tables, vlookups) and Power BI dashboards, driving operational efficiency, and reducing costs by 15% annually. • Track and report on all cost changes, inventory revaluation, and supply chain analytics, integrating SQL queries for comprehensive reporting and improving forecasting accuracy by 30%. • Design and present strategic reports for executive management using Tableau providing aggregate spend analysis and identifying cost saving opportunities that resulted in $1.5M savings in one fiscal year. • Drive competitive bidding processes, utilizing RFQ, RFP, and Sourcing Optimization Tools to analyze vendor quotations and secure cost effective contracts, saving $500K in supplier negotiations. • Evaluate and approve supplier quotations, incorporating COGS analysis, margin optimization, and financial reporting tools like SAP, SQL, and Power BI to achieve 10% cost reduction on major product lines.

Savitribai Phule Pune University

Bachelor of Engineering - BE, Electronics and Communications Engineering

California State University, Northridge

Master's degree, Engineering/Industrial Management