Vimal Padmasanan serves as the NPD Procurement Lead at Crompton Greaves Consumer Electricals Limited, where he leverages over 18 years of global sourcing and procurement excellence to drive innovation in consumer electronics and electrical FMCG products. His extensive expertise encompasses a diverse range of product...
Vimal Padmasanan serves as the NPD Procurement Lead at Crompton Greaves Consumer Electricals Limited, where he leverages over 18 years of global sourcing and procurement excellence to drive innovation in consumer electronics and electrical FMCG products. His extensive expertise encompasses a diverse range of product categories, including LCD and LED TVs, smart home devices, audio systems, ceiling fans, IoT products, domestic appliances, robotics, pumps, and lighting solutions. Vimal's role is pivotal in steering the new product development (NPD) process from initial conceptualization to successful market launch, ensuring that each product not only meets consumer demands but also aligns with the company's strategic vision.
In his current position, Vimal is responsible for creating and implementing robust strategies and processes that enhance agility within the product development lifecycle. He adeptly maps critical resources and manages vendor and supplier relationships, ensuring that Crompton Greaves maintains a competitive edge in a rapidly evolving market. His proficiency in tools such as Coupa and his strong focus on key performance indicators (KPIs) enable him to optimize procurement operations and drive cost-effective solutions.
Vimal's skill set includes purchasing negotiation, strategic negotiations, and materials management, which are essential in fostering strong partnerships with original design manufacturers (ODMs) and ensuring seamless collaboration throughout the product development process. His commitment to innovation and excellence not only contributes to the successful launch of cutting-edge products but also positions Crompton Greaves as a leader in the consumer electricals sector. With a keen eye for new product ideas and a thorough understanding of product cost analysis, Vimal Padmasanan continues to shape the future of consumer electronics at Crompton Greaves.