Deepesh Damodaran

• Directly responsible for managing US $ 21M of inventory
• Successfully achieved the significant milestone of “Zero” Idle Tools, waiting on parts in Dubai Hub (15 weeks in a row in 2014) resulting in better availability of Asset pool to pick up additional jobs for Sales / OPS team, leading to additional revenue
• Successfully led a team of Buyer, Planner and AMO Supervisors to reduce SLOB (Slow moving and Obsolete) and Excess Inventory; effort helped achieve Hub’s breakthrough SLOB target (45% reduction) from an all-time high of US $ 1.8M thereby meeting financial targets in 2014
• Responsible for all the inventory aspects on site including availability, replenishment control and inventory auditing
• Recruiting, hiring and managing a team of Inventory Planner, Buyer and Expeditor
• Collaborate with Asset Managers and AMO personnel to ensure inventory investments are in line with product entry and exit plans
• Led cross-functional meetings with financial, purchasing, engineering, AMO and operations personnel to derive forecasted inventory requirements and executed accordingly
• Key member in part of standardization drive of inventory and material management practices in MEAP
• Led a focused project team based in KSA (Dammam) to reduce idle tools waiting on parts and to standardize roles and responsibilities for regional inventory team
• Established KPI’s for the Inventory team
• Selected to participate in the Team Leader Program - 2014
• Selected to participate in the Front Line Manager Program - 2015
• Led a Shingijutsu Kaizen Event that reduced MER DC average lead time for stock out parts by 21% to spokes. Effort helped reduce safety stock at spokes and also free up inventory in the region

• Directly responsible for planning and replenishment of US $ 15M of inventory at the Distribution Centre supporting 9 spoke locations across Middle East
• Successfully achieved aggressive target of six Inventory turns in 2013 at the DC
• Key Member of the project team that deployed Service Planning and Optimization Software (MCA) in the region in 2011
• Conducted trainings in Russia, K.S.A. and U.A.E. for selected region planners
• Analysed “make to stock” spares consumption and forecasts in the Middle East region to ensure sufficient materials are planned at the Region Distribution Centre
• Validated MCA (Inventory optimization and planning software) recommendations on orders to meet target stock levels for materials at the Distribution Centre
• Managed inventory performance of regional spokes by analysing fill rate reports and stock outs at Assembly, Maintenance and Overhaul (AMO) locations and fine tuning business rules and stock level settings to prevent recurrence
• Train and coach region planners in inventory management processes
• Identified and disseminated inventory management best practices to region planners
• Authored the Standard Operating Procedures (SOP) for Middle East Distribution Centre Drilling Services spares planning and ordering process
• Participated in Shingijutsu Kaizen Event at Distribution Center. After completion of event, improved warehouse layouts, processes and procedures changed resulting in drastic reduction in unproductive time - 2011

• Executed MRP (materials requirement planning) weekly in SAP (ERP) to determine material requirement and inventory holding levels and generate purchase orders as necessary
• Reviewed Technical Bulletins and participated in meetings with Reliability Engineers, QA/ QC, Repair and maintenance technicians to ensure quality/ technical concerns relating to spare parts/ inventory are addressed
• Co-ordinated with warehouse and logistics teams to ensure all issues, concerns and urgency are worked on and being fulfilled effectively and efficiently

Role - Commercial Expert

• HS tariff classification of goods in accordance with the requirements of each Pre Shipment Inspection mandate.
• Determination of the Current Market Value (CMV) and Price Evaluation for Duty Purposes.
• Settlement of Customs/ Liaison office claims concerning price and customs classification arising from the exporter and/or the importer.

Role - Coordinator/ Analyst (VIP Clients - Key Account Management)

• Coordinate between Liaison office, Exporter, Importer, and respective Physical Inspection Centers (PICs) on Inspection requests, Inspection reports and Final documents.
• Ensure that all the requisite documents are available for issuance of the Report of Findings (ROF)
• Data entry into ATLAS (AS400) and ICARE for issuance of the Report of Findings.

Role - Section Leader (Documentation Team)

• Managing a team of 8 people; job responsibilities included distribution and delegation of work to each team member.
• Conduct performance reviews and understand development needs.
• Settlement of claims arising from exporters and/or importers.

Role - Contract Coordinator (Bangladesh, Kenya)

• Validation of Import Documents within stipulated time limit
• Processing Inspection forms to Exporters in ATLAS (AS400)
• Ensure that all the requisite documents (involved checking of Letter of Credit/ Invoices. etc ) are available for initial processing of file