Karan Toshniwal

Bachelor's

Business Economics

Operations Management

The Estée Lauder Companies Inc.

Brand Operations Intern

Optimized inventory procurement and carrying strategy across three different parameters with long term quarterly cost saving targets of $750,000 • Identified information gaps, data structure shortfalls, and resource misalignment, and codified a cross functional optimization process • Reviewed over 3,000 SKUs using excel and Python to identify short term adjustment opportunities, leading to savings of $25,000 • Collaborated with SC Center of Excellence and designed data analytics tools to improve data driven decision-making capabilities Executed a detailed supply risk analysis using SAP, QlikView and excel for a component phase out initiative, resulting in savings of $450,000 • Established feasibility of phase out initiative by assessing existing component liabilities across a global manufacturing network • Reconsolidated demand, evaluated short term supply risks and developed strategies to mitigate supply gaps for high priority SKUs Improved data tracking methods, maintained component database, and ensured updates for SKUs affected by potential Brexit compliance issues