Devender Awasthi

Background

About Devender Awasthi

Global Category Manager - Electronics Decade Experience in Category Strategy and Management, with a proven ability to develop and execute strategies that align with business objectives and market trends. Skilled in managing the full lifecycle of categories, from market analysis and supplier selection to contract negotiation and ongoing performance monitoring. Expertise in Value Analysis and Value Engineering (VAVE) to identify cost-saving opportunities while enhancing product quality and functionality. Skilled in conducting idea generation workshops with cross-functional teams, including Design, Manufacturing, Supply Chain, Sourcing, Quality, and Marketing, to drive innovative cost reduction solutions. Proficient in VAVE idea evaluation using methodologies such as Feasibility Ranking, Weighted Evaluation, and Paired Comparison to prioritize initiatives based on impact and feasibility. Adept at data analysis, including BoM analysis with Pareto charts and cost heat maps, to pinpoint major cost contributors and outliers for targeted cost reduction efforts. Experienced in developing business cases, creating detailed implementation roadmaps, and calculating ROI for cost-saving initiatives, ensuring successful adoption and financial realization. Proven track record of successful cost reduction through fact-based negotiations with suppliers, utilizing should-cost analysis to drive favorable terms and sustainable savings. Strong project management background, covering project planning with Gantt charts, implementation, and tracking using Agile practices in MS Teams to ensure timely delivery and goal achievement. Committed to fostering collaboration, continuous improvement, and driving strategic initiatives that deliver value across the organization while maintaining a focus on sustainability and long-term growth.