Sharad Garg
Senior Vice President Procurement Logistics Supply Chain at Varun Beverages Limited
Based in Gurgaon, India
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Seniority
Vp
Department
Supply Chain & Logistics
Location
Gurgaon
Industry
Food and Beverage Services
Company size
12K
Contact information
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s•••••••@varunbeverages.com
Phone
5 credits+91 ••• •••• ••••
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Background
About Sharad Garg
Over 28 years of a dynamic career in all aspects of Business Operations, Strategic Execution, and Financial ManagementCORE COMPETENCIES - Strategic Planning | Commercial Operations | Business Development | P&L Management | Revenue & EBITDA Growth | Procurement & Supply Chain | Team Building & LeadershipACADEMIC DETAILS• PGP-3TP: Management programme from IIM Ahmedabad in 2014• CA from Institute of Chartered Accountants of India, Delhi in 1997. PROFILE SUMMARY:• Highly successful in driving profit gains as well as improving the organizational productivity through strategic initatives• Proven expertise in sustaining revenue/bottom-line growth in dynamic and challenging markets, through the application of robust strategies, valid pricing, and excellent client relationship management • Expanded organizational footprint by identifying and strategically entering new markets, in addition to uncovering growth opportunities• Built procurement team from the ground up, spearheading impactful initiatives and implementing sustainable cost-saving strategies (including ESG-related efforts) which drove permanent EBITDA improvement of INR 1.2 billion p.a.(4% of EBITDA) • Implemented industry-leading product quality standards and innovative techniques to optimize operations, resulting in substantial cost savings and efficiency gains• An enterprising leader with proven capabilities in leading teams towards the achievement of organizational goals and industry best practices• Excellent relationship management with sharp business acumen, analytical and negotiation skills; possessing capabilities to swiftly ramp up projects with end-to-end executionKey Result Areas:As Senior Vice President - Procurement / Logistics/ Supply Chain:• Optimization of cost of production by negotiating all procurement requirements worth INR 120 billion at RJ Corp• Responsible for all procurement at RJ Corp group level including overseas procurement (responsible for overseeing 12 international plants)• Standardized and improved vendor management (~600 vendors, including new additions), including working capital • Hedging all commodities to diversify pricing risk• Active participation in process of AOP to formulate dynamic, cost-efficient purchase strategies• Rate finalization of with all transporters by bidding process for inward and outward freight. Budget INR 8 billion • Ensuring proper functioning of supply chain to and fro 47 plants located PAN-India and overseas
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