Karthik Bhat

Background

About Karthik Bhat

Results-driven Supply Chain Executive with over 3 years of experience in demand planning, Supply planning, procurement, and logistics management. Proven expertise in optimizing supply chain processes to improve forecast accuracy, reduce costs, and enhance inventory management. Skilled in data analysis, vendor management, and leveraging technology such as SAP ERP, SAP APO, and Power BI to drive operational excellence and support strategic business goals Develop and implement strategies to streamline procurement workflows, reduce lead times, and minimize costs. Forecasting & Planning Formulated demand forecasts across multiple levels of aggregation for specific time horizons, ensuring accurate demand planning. Directly responsible for thread raw material demand and supply planning of Bangladesh and India (1100 metric tons per month). Evaluated historical sales trends and researched demand drivers to prepare reliable forecast data using SAP APO. Improved forecast accuracy through historical corrections and advanced statistical analysis. Supply Chain Optimization Designed efficient supply chain systems to ensure timely delivery of goods while adhering to cost constraints. Extensively used SAP systems and modules like R3 and APO for all planning and ordering related activities. Analyzed vendor performance reports to maintain optimal lead times, prevent overstocking, and minimized understocking. Cross-functional Collaboration Collaborated with Sales, Marketing, and Finance teams to understand demand drivers and ensure accurate, data-driven forecasts. Budgeting & Reporting Prepared annual budget figures (M+15 plans) for customers, aligning raw material requirements with supply chain objectives. Created and maintained reports on dormant and slow-moving inventory using Analysis for Office (AFO), reducing redundant stock. Data Management Maintained master data for MRP profiles, including Minimum Lot Sizes, Rounding Values, and Lot Size Keys, ensuring system accuracy. Leveraged Excel and Power BI to create data visualizations and reports, delivering actionable insights for senior management. Analyzed KPI discrepancies, identified root causes, and implemented resolution plans to address performance gaps. Key Achievements Increased forecast accuracy almost 10% by leveraging statistical techniques, improving supply chain reliability. Reduced dormant and slow-moving inventory through targeted analysis and actionable insights, optimizing overall stock leve