Samkit Oswal

• Forecasted raw material demand for coming procurement cycle using intrinsic forecasting techniques of four-month moving average and exponential smoothing • Redesigned an existing inventory control plan by determining economic order quantity (EOQ) and period order quantity (POQ), consequently reducing inventory carrying costs by 4% (saving up to $10,000 annually) • Achieved 60% faster reporting by automating monthly inventory reports by using Macro coding for Vlookups & Pivot Tables

• Prepared a master production schedule (MPS) for manufacturing metal alloy castings and conducted rough-cut capacity planning by working along with teams of manufacturing, purchasing and quality control • Ensured the availability of stock keeping units (SKUs) at the finished goods inventory level by determining safety stock • Piloted quote comparison sheet and price negotiation with multiple vendors using floating Request for Quotation (RFQ)