Vimal Padmasanan

About Vimal Padmasanan

NPD Procurement Lead | MBA - IIM Indore | 19 Years of Global Sourcing & Procurement Excellence in Consumer Electronics & Electrical FMCG ProductsI am a passionate supply chain and procurement professional with over 19 years of experience across industries such as Consumer Electronics, Electrical FMCG, and IoT products. Throughout my career, I have been driven by the challenge of optimizing processes, driving cost savings, delivering procurement excellence, and enhancing operational efficiency. My focus has always been on building strong, agile supply chains that foster innovation, digitization, and value creation, while adapting to the ever-evolving needs of businesses and customers.I thrive in dynamic, fast-paced environments, where I leverage strategic sourcing, global procurement, and supply chain optimization to drive sustainable growth. Whether it’s negotiating with suppliers, identifying cost-effective sourcing routes, or integrating cutting-edge technologies, I am dedicated to continuous improvement and delivering impactful solutions.Over the years, I have had the privilege of contributing to the development of products such as Plasma, LCD & LED TVs, Google/Android Smart LED TVs, IoT devices, Robotics, Lighting automation, and Small & Large Domestic Appliances. My experience spans global sourcing, EXIM, import logistics, customs clearance, warehousing, and New Product Development. What excites me the most is the opportunity to integrate new technologies, innovate sourcing strategies, and negotiate effectively to streamline procurement processes, ultimately creating stronger, more resilient supply chains.As a leader, I am passionate about mentoring high-performance teams to achieve shared goals. I firmly believe that a well-optimized supply chain is the backbone of any successful business, and I am committed to continuously evolving and delivering best-in-class solutions while leading teams that create lasting value and drive business success.

Experience

1. Npd Procurement Lead

   Crompton Greaves Consumer Electricals Limited

   Feb 2024 — Present · Mumbai, IN

   Drive the NPD Product management procurement team from Product conceptualisation to launch, overseeing the product development, create new strategy, setting up criteria as per defined process & roadmaps, implementing milestones, mapping critical resources and vendor/ supplier management to build the upstream supply chain for New Product Development.

Education

• Indian Institute of Management, Indore

  Master of Business Administration - MBA

• Rizvi College of Engineering

  Bachelor of Engineering - BE, Electronics Engineering

  2002 — 2006