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CV2 Hemanth Penmetsa 61920789
CV2 Hemanth Penmetsa 61920789
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EDUCATION Replace DEMO: Purchase from www.A-PDF.com to remove the watermark
Indian School of Business (ISB) | Post Graduate Programme in Management | GMAT 770/800 (99th Percentile) Apr’19 – Present
Selected for ISB’s Young Leaders Program; amongst top 6% from 3000+ applicants
Alumni Relations Coordinator, Retail and E-Commerce Club (REC)
- Introduced ‘Call an Alum’ (on call Q&A) and ‘Alum Gyaan’ (REC’s newsletter) to help cohort leverage alumni not able to visit campus
Indian Institute of Technology Madras (IITM) | Dual Degree in Mechanical Engineering | CGPA 9.35/10 | Rank: 2/75 Jul’12 – May’17
Recipient of Institute Merit Prize and medal winner for best academic performance in Dual Degree Programme (Thermal Engineering)
Internship, ITC Limited, Education & Stationery Products Business Division
- Received a PPO; deployed the first Industry 4.0 initiative of the division to access data and control machines remotely from HO
Co-authored the India Venture Capital & Private Equity Report 2016; report launched at TIECON 2017 to 500+ VCs and entrepreneurs
- Analyzed 12,500 VC & PE deals to generate insights on growth of startups and investment patterns across sectors and geographies
Handpicked by HoD as the only student delegate among batch of 400 to present at LAMSYS National Conference’16, ISRO
Competitions: - 4th/1450 teams in National Analytics Challenge ‘16 by NASSCOM – cancer incidence prediction using neural network
- National finalist (4/150) - only non-MBA team selected in Imperium’16, IIM Indore’s business strategy event
- 1st among 120 teams in Junkyard Wars at Shaastra ‘16, IITM – ploughing machine development using a moped
WORK EXPERIENCE
Assistant Manager – Operations, ITC Limited, Education and Stationery Products Business (ESPB) Jul’17 – Mar’19
Recognitions:
Only assistant manager rated as ‘Outstanding’ within first year of joining the business division
Offered a position by the CEO of ITC Agri Business Division; first ever recruit invited for a division shift within 8 months of joining
Leadership & Business Impact:
Youngest to handle ITC’s notebook operations planning (400 SKUs, Annual revenue - ₹750 Cr, 3 Brands - Classmate, Paperkraft, Saathi)
- Led a team of 3 regional managers (each with 12+ years of experience) and managed production across 24 manufacturing vendors
Increased production by 8900 tons (11% YoY growth) with no change in capacity, contributing to additional revenue of ₹80 Cr
Nominated by CEO to be part of a task force to crack large tender orders, won the biggest-ever order worth ₹16.5 Cr from AP Govt.
- Reduced cost by 3% (₹0.4 Cr) through vendor negotiation and waste minimization, enabling sales team to quote lowest tender price
- Realized lowest-ever service time for the tender; achievement presented as case study at ITC’s Annual Manufacturers Conference
Improved schedule adherence from 90% to 96% for customized institutional orders despite a 40% increase in number of SKUs
- Automated raw material planning, replacing 3-year-old manual process; decreased the planning lead time to 1 day from 3 days
- Reduced execution time to 15 days from 22 days through Kanban lean process implementation - ‘80-ton WIP replenishment’ model
Key Initiatives:
Introduced 2 new categories and set up their production capacities to penetrate the largest customer segment (high school students)
- Launched exam notebooks to enter ₹10 Cr market dominated by unorganized players; captured 10% of the market within 2 years
- Introduced NEON & UV designs for first time in India (current growth - 20% MoM); adopted by competitors post ITC’s launch
Initiated ‘Code Track’ and eliminated design mismatch errors that have been leading to average yearly loss of ₹40 Lakh
Implemented agile processes to accommodate sudden design trend changes and to manufacture within 5 days against 12 days earlier
Reinstated project on ‘missing pin detection’ that has been previously categorized as infeasible due to development difficulties
- Decreased quality issues from 0.8% to 0.3% by revamping and deploying the mechanism along with ITC’s Technology Center
Stretch Projects (Work taken up beyond defined scope of the role)
Dual-hatted as process engineer for new notebook factory with 2,400 ton/month capacity; designed storage and raw material flow
Campus ambassador for IITM; handled end to end recruitment process of full-time hires and interns involving 500+ applicants
Drove participation from 150+ employees in festivities, events, cricket league as part of the four-membered ‘Fun@Work’ Committee