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Ashutosh Sharma, Procurement & Product Development Manager

Ashutosh Sharma

Procurement & Product Development Manager·Dhamani Jewels

United Arab Emirates

Master's degree, Finance & IT

Work experience

Total years of experience: 15 years, 11 months

Procurement & Product Development Manager

September 2015 - Present

Dhamani Jewels

United Arab Emirates

September 2015 - Present

Procurement Planning:
• Developing Annual / Seasonal Merchandise plans
• Establishing and maintaining Vendor Relationships
• Vendor Management and Timely Assessment
Product Development:
• Researching trends and market preferences for products, collections, and designs
• Prepare product development plan for specific collection, season, events
Product Manufacturing:
• Communicating with the factories and manufacturing units for product specifications of new
products
• Monitoring and tracking the manufacturing for the products
Inventory Management:
• Overseeing the Inventory levels for the business group
• Leading inventory team for recording stock movements
• Examining the levels of supply and raw materials and determining shortages
• Preparing detailed reports on inventory movements, stock levels and revaluation
Data Management:
• Maintain and review all records of purchased goods, including costs, deliveries, and
inventories
• Maintaining records of vendors with their products and prices
Accomplishments:
• Maintained inventory levels, suggested replenishment of stock while comparing it with
product demand, past sales trend, customer preferences and market trend for improvement
in Retail Sales & E-Commerce for the company
• Planned and executed the product flow to ensure the retail market owned optimal inventory
at the highest In-stock providing the company with a competitive advantage
• Expedited orders to maintain correct stock level and Inventory On-Hand by reducing the
overall turnaround time for deliveries
• Prepared an MFG Calculator for the Inventory team for faster pricing mechanism saving
resources and time overall
• Developed and implemented strategies for procuring, manufacturing, storing, and
distributing products and maintaining stock levels for improvement of procurement
planning
• Made SOP’s for smooth workflow for the Procurement & Inventory Department
• Prepared a Tag Price Calculator for providing instant quotes to customers in retail
department. Saved processing time for customer inquiries.

Company industry:
Retail & Wholesale
Job role:
Management

Dy. Manager

January 2013 - January 2015

Reliance Jewels

United Arab Emirates

January 2013 - January 2015

Managing placement time and action across locations to ensure timely execution of all
decisions and smooth operations
• Expediting orders for maintaining correct stock level and Inventory
• Identifying and communicating product requirements of each program to Sourcing offices
• Ensuring all supplier quotations and samples were completed on a time for appropriate
decision-making to meet pre-set objectives
Accomplishments:
• Proactively identified potential product and production issues and developed strategies to
improve product distribution as per the requirement of the zones
• Identified and resolved product spec issues upfront and directed product specs to the right
supplier
• Introduced a new system for vendor introduction to improving vendor management and
assessment
• Planned and executed the product flow to ensure the retail market owns optimal inventory
at the highest In-stock for competitive advantage

Company industry:
Retail & Wholesale
Job role:
Engineering

Asst. Manager

January 2012 - January 2013

Shrenuj Lifestyle Ltd

United Arab Emirates

January 2012 - January 2013

Handling retail chain of stores for Diti Brand
• Sales and Distribution Operations of these SIS outlets
• Managing PAN India Customer Service and Grievance Cell
• Resource management
Accomplishments:
• Managed E-Commerce and accounts on B2B portals (Diti, Shoppers Stop & Snap Deal
websites) for Order Processing and maintaining correct turnaround time by responding and
following up on sales inquiries
• Reduced turnaround time for cash cycle for faster processing of bills and money from B2B

Job role:
Accounting and Auditing

Dy. Manager

January 2010 - January 2012

Tara Jewels Ltd

United Arab Emirates

January 2010 - January 2012

Resource management
• Handling Sales and Distribution Operations of Key US B2B customers’ and international
export accounts such as Walmart, QVC, and Russian accounts
• Managing Fund Flow for Major Direct and Domestic Export customers
Accomplishments:
• Managed Cross promotions
• Planned SOP’s for Exhibitions, Equipment use etc
• Analysed forecasting of Top Sellers with Walmart for proper stock availability
• Cleared Aging inventory in stock worth $900, 000 of Tara Jewels
• Found system bugs for improvement of the overall system
• Resolved double raw material requirement generated by system issue and further allocated
goods thus saving company few thousands of dollars

Company industry:
Retail & Wholesale
Job role:
Engineering

Education

ICFAI Business School

January 2009

January 2009

Master's degree, Finance & IT

India

in

University of MumbaiGemological Institute of Americ

January 1961

January 1961

Bachelor's degree, Computers

India

in

University of MumbaiGemological Institute of Americ

January 1961

January 1961

Diploma, Computers

India

in

Skills

CALCULATOR

Expert

COMPETITIVE

Expert

DATA MANAGEMENT

Expert

DECISION MAKING

Expert

DEVELOPMENT

Expert

E-COMMERCE

Expert

INVENTORY MANAGEMENT

Expert

MANAGEMENT

Expert

MANUFACTURING

Expert

MARKETING

Expert

Social profiles

Languages

Russian

Expert