Vikram Sachdeva
Brampton,ON
Summary
A highly accomplished, innovative, and dynamic executive with 20+ years of extensive experience providing strategic, operational, and financial leadership and direction in diverse, fast-paced, and ever-changing global environments. Additionally, demonstrate a proven track record of success launching cutting-edge brands and products to move the organization forward. Background includes driving multi-million-dollar procurement operations, global sourcing, product development, and outstanding supply chain management positioning the organization as an industry leader in a highly competitive landscape. Additionally, An instrumental in leveraging adeptness and experience to execute on challenges and maintain a forward-thinking mindset aligned with the organizational mission and vision. Proficient at building powerful teams and relationships, establishing expectations, communicating vision, and monitoring performance to maximize effectiveness. A strategic executive coaching through change, challenges, and roadblocks while driving continuous improvement.
Overview
25
25
years of professional experience
Work History
Chief Operating Officer
Ivory Garments
01.2011 - 02.2024
- .Led team of 35 professionals from 8 diverse nationalities. Responsible for managing variety of complex sourcing functions in professional and effective manner; and in compliance with Procurement Directive and all other related legislation and guidelines.
- Accomplished 50 %+ increase in revenue generation, 190 % boost to Exports Revenue.
- A reduction in procurement & Logistics costs to the tune of 10% with Global sourcing.
- Controlled annual budget of $40M+ by monitoring all financial transactions, pricing and margin expectations.
- Developed quarterly business plans to evaluate cost projections.
- Managed procurement activities to secure resource acquisitions at best possible cost.
- Oversaw day-to-day operations to keep organization running smoothly while meeting business goals.
- Negotiated contracts and agreements to secure favorable terms and maximize profits.
- Negotiated pricing with Buyer’s such as PEI and Jones International etc. and suppliers of fabric and accessories.
- Achieved WRAP GOLD CERTIFICATE for each year since 2020 which was Audited by 3rd Party.
- Managed timely imports of Raw material, General purchases, Machinery & Machinery parts from 10 countries in a burgeoning environment.
- Controlled rejection under 2% for the washed garments. & 1% on non-wash garments with strong knowledge of apparel manufacturing and process.
- Set up record of 99% on time shipment for last 5 years even under difficult Circumstances.
- Handled - Complete planning from orders negotiation till payments credited into account
Purchasing/ Commercial/Office Administration Manager
Ivory Garments
08.2005 - 12.2010
- Developed strategies to optimize results and improve ROI. Led team of 15 and $30M budget..
- Traveled to various parts of world, did due diligence and introduced new suppliers resulted in, on-time delivery of material. Increased overall productivity by 5%.
- Re-engineered most of supply chain processes and introduced new logistics partners.
- Improved quality while reducing logistics and procurement costs by 12% through implementation of new plans to align departments towards one goal
- Wrote standard operating procedures for department.
- Solved diverse supply chain problems involving numerous sources, logistics, and scheduling factors.
- Sourced vendors, built relationships, and negotiated prices.
- Implemented policies to reduce cost and eliminate waste.
- Contacted location managers and department supervisors to assess requirements.
- Conducted regular research to identify trends and cost saving opportunities.
- Created purchasing policies and procedures that complied with company standards and regulatory requirements.
Divisional Merchandising Manager
Lilliput Childrenswear Ltd
12.2000 - 07.2005
Senior Merchandiser
Kanika Overseas
12.1998 - 11.2000
Education
MBA - Business Administration And Management
Delhi University
India2000
Bachelor of Arts - Bachelor's of Commerce ( Hons)
Delhi University
India1998
Skills
- Compliance Management
- Planning and execution
- Business Analysis & Strategic Planning
- Brand Vision & Strategy
- Apparel & Fashion Industry Expert
- Product Development
- Business Development
- Costing & Pricing Negotiations
- Global Sourcing
- Apparel Manufacturing & Rink analysis management
- Cross-Functional Relationships
- Coaching & Mentoring
Timeline
Chief Operating Officer
Ivory Garments
01.2011 - 02.2024
Purchasing/ Commercial/Office Administration Manager
Ivory Garments
08.2005 - 12.2010
Divisional Merchandising Manager
Lilliput Childrenswear Ltd
12.2000 - 07.2005
Senior Merchandiser
Kanika Overseas
12.1998 - 11.2000
MBA - Business Administration And Management
Delhi University
Bachelor of Arts - Bachelor's of Commerce ( Hons)
Delhi University
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