Vikas Jain

CEO

Delhi, India27 yrs 5 mos experience
Highly Stable

Key Highlights

  • Led AI-driven product innovation at Samsung.
  • Achieved significant revenue growth in refrigerator segment.
  • Pioneered new product development in home appliances.
Stackforce AI infers this person is a leader in Home Appliances with a strong focus on product strategy and innovation.

Contact

Skills

Core Skills

Product StrategyP&l ManagementBusiness PlanningManufacturing Operations ManagementProduct Design

Other Skills

Analytical SkillsKey Account GrowthProduct MarketingProduct Road MappingInterpersonal SkillsCross-functional Team LeadershipMarket Share AnalysisMarket ResearchProduct SegmentationProduct LaunchMarket PlanningPricing StrategyPricing AnalysisMarket Requirements DocumentsSales & Marketing

About

Leading Samsung India's Kitchen Products division, my commitment to strategic innovation is reflected in the launch of the "BeSpoke AI" brand, a testament to leveraging AI to enhance user experiences. With a focus on product segmentation, I’m pivotal in redefining kitchen appliances by enabling them to learn and adapt to consumer habits, thus fostering the principle of efficiency and ease in daily life. Our team's analytical prowess in product performance and strategic resource allocation is instrumental in driving profitability and growth targets. The skills honed at LG India, particularly in strategic roadmaps, have been integral in achieving a commanding presence in the refrigerator segment, contributing significantly to company revenue. This journey underscores my dedication to steering market leadership and delivering value through consumer durables.

Experience

27 yrs 5 mos
Total Experience
4 yrs 1 mo
Average Tenure
2 yrs 10 mos
Current Experience

Samsung india

General Manager - Kitchen Products

Aug 2023Present · 2 yrs 10 mos · Gurugram, Haryana, India · On-site

  • Responsibilities:
  • Driving new brand identity for Kitchen Products “BeSpoke AI” by repositioning the products that uses AI to learn User habits and adapt their performance enabling consumers to “Do less and Live more”
  • Model Level Scientific Analysis of category’s Performance in terms of Revenue, Profit, ASP, contribution and reach at Channel & Region level pan India and do strategic investment of resources (Pay-outs, promotional / Seasonal / Festive schemes, Price realignment, Marketing Spends, Inventory, New product development)
  • Forecasting annual profitability in collaboration with other stake holders like Finance, Manufacturing, SCM, Sales, Customer Service and accordingly make annual growth targets.
  • Meeting and interacting with key trade partners including Online platform and LFR for signing off annual Joint Business Plan.
  • Designing Product road map to achieve leadership position with profitable growth.
  • Re-align Region level PRM to improve SKU performance, reduce long term inventory and increase product acceptance.
  • Designing Planogram and flooring for Strategic Products at Channel and Regional Level.
  • SKU count optimization to reduce production complexity there by reducing overheads and improve SKU level productivity.
  • Identify Consumer Needs, competition 4P & Internal SWOT, create training content and sales talk for Sale team.
  • Highlights:
  • Profit Improvement 4.7% (YOY).
  • o Premium Product Focus with Rational Product mix | Optimizing Trade Spends | Managing Internal Stake holder and Channel VOC in line with Organization’s objectives.
  • Smooth Transition in New Platform Launch and GTM while Retaining Market Share Leadership.
  • o New Platform launch for Top Freezer Refrigerator and New Range of Microwave Ovens.
  • Created Pipeline for new Product Segments.
  • o Water purifier | Local Production of French Door Refrigerators, Bottom Mounted Refrigerators and Microwave Ovens.
Analytical SkillsKey Account GrowthProduct MarketingProduct Road MappingP&L ManagementInterpersonal Skills+3

Lg india

Strategy - Refrigerator Business

Mar 2017Jul 2023 · 6 yrs 4 mos · Noida, Uttar Pradesh, India · On-site

  • Responsibility:
  • Assisting Refrigerator Business for Profitable Growth which contributes to 30% of total company’s turnover.
  • Highlights:
  • Designed Game Plan to gain Absolute leadership in SBS segment of Refrigerators in 2018:
  • o Competition Benchmarking, Product / Price Realignment, Designing Promotion scheme, Region and Channel wise Strategy (DMDC), Redesigned Marketing communication and Internal Sales Talk, Instore display management.
  • Out of the Box Strategy for Profit Improvement in Refrigerator Biz (2.3% YOY)
  • o Product Portfolio Realignment (Model Mix change there by improving nett sales realization), Demand forecast management, overhead reduction (by reducing production complexity & SCM management)
  • Product Strategy for winning Frost Free segment and double digit growth in DC Ref in 2019
  • o Evaluate: Consumer need, available resources, organisation’s Strength & weaknesses, Channel & Market mapping.
Product StrategyPricing StrategyAnalytical SkillsProduct MarketingBusiness PlanningProduct Road Mapping+21

Usha international

Deputy General Manager

Sep 2013Mar 2017 · 3 yrs 6 mos · gurgaon, haryana

  • Driving New Product Development and Program Management initiatives for Fan Division (Ceiling Fans, TPW fans, Lifestyle Fans, Industrial Fans) contributing to 50% of total Company’s turnover of Rs. 2400 Crores
  • Setting-up the product vision for the business unit while maintaining 'big picture' focus; evaluating competitor offerings technically & commercially and identifying gaps to deliver according to domain needs with close control on time to market
  • Creating business plans / cases and go-to-marketing strategy for Fan business for sustained revenue growth
  • Executing major signature NPD projects from the stage of conceptualisation till idea generation & screening, creation of roadmap (value proposition, concept definition, business case development), innovation, value proposition, product strategy elements (domain, business cases, pricing, buy / build / partner direction), product positioning & brand architecture and product release
  • Bringing out USPs of products for higher sales; identifying changes in market demand and modifying marketing strategies for entry into new / challenging territories
  • Monitoring commercial success and overall product performance and competitiveness in marketplace
  • Implementing Value Analysis & Value Engineering initiatives to achieve standardization and reduce costs
  • Establishing consumer centric brand architecture & repositioning the product offering
  • Evangelizing multiple product launches through value centric messages and pre-launch market conditioning; conceptualized & designed go-to-market plans, messaging tools, collaterals and product demos
Product StrategyPricing StrategyProduct MarketingBusiness PlanningProduct Road MappingMarket Requirements Documents+12

Haier appliances india pvt ltd

Asst. General Manager

Dec 2005Sep 2013 · 7 yrs 9 mos · Mathura road Delhi.

  • Facilitated smooth integration of all manufacturing and technical functions of Washing Machine & A/C product categories
  • Headed overall operations (Sourcing, R&D, Manufacturing, Logistics) for WM & Air Conditioner at 1 company-owned factory and 6 OEM Vendor factories; achieved budgeted QCD & profitability targets by realigning operations
  • Launched the new brand identity for Haier “Inspired Living” by repositioning the product to target different consumer segments with different product offerings, through differentiated SCM to target different customers
  • Improved turnover of:
  • o Washing Machine Division from Rs. 18 Crores to Rs. 200 Crores
  • o AC Division from Rs. 15 Crores to Rs. 150 Crores
  • Improved NSR through new launches and VA/VE activities
  • Crafted a co-branded Washing Machine for the 1st time, in technical and commercial tie-up with P&G and Haier; built viable business model for retailers willing to partner with Haier
  • o Formed technical and commercial tie-ups with P&G during crafting of the co-branded Washing Machine
  • o Made the labs capable enough to do DOE, validate washing performance under controlled environment with differentiated water quality, detergent chemical composition, washing habits, electrical power quality, atmospheric conditions, etc.
  • o Established plans for organization development including manpower, infrastructure, sales metwork, GTM and SCM
  • o Led a team of 6 from India, UK, Belgium, Singapore, Germany & USA working across fields like Chemical Engineering, Controls, Field Research abd Consumer Behavious/Habit Analysis
  • Led, mentored & guided teams of size 60+; evaluated performance; developed career plans & retention strategies
  • Awarded 2 times as Best Employee of Haier PAN India
Product StrategyPricing StrategyAnalytical SkillsProduct Road MappingPricing AnalysisMarket Requirements Documents+12

Electrolux

Assistant Manager - R&D

Feb 2003Dec 2005 · 2 yrs 10 mos

  • Managed end-to-end product lifecycle, from concept to launch, of Front Load Washing Machine and Microwave Oven Business
  • Developed world 1st Fully Automatic Talking Washing Machine
  • Recognised as the “Youngest Manager” to improve revenue from Washing Machine & Micr-wave Oven categories from Rs. 20 Crores to 300 Crores in a span of just 2 years
  • Established testing standards for electrical & mechanical components; indigenized specifications for components after tests
  • Introduced 2 new models of Front Load Washine Machine for export to North America; developed/sourced entire range of Microwave Oven from various suppliers in China
Home AppliancesProduct VisionPortfolio ManagementProject Portfolio ManagementManufacturing Operations ManagementAir Conditioners+4

Lg india

Sr. Engineer - R&D

Sep 2000Feb 2003 · 2 yrs 5 mos · Greater Noida

  • Successfully developed the following products:
  • o Entire Front Load WM range - Tromm (2nd largest selling FL Washing Machine in India), in association with LG’s China Factory
  • o Range of Fully Automatic WM for India; drove mass production for Fully Auto Washing Machine for 1st time in India
  • o Various models of Semi-automatic Washing Machine for export to Mexico, Philippines, Thailand, Indonesia, Malaysia, Zordan, UAE, Saudi Arabia, so on
  • Played a key role in LG’s gaining leadership position in India in Washing Machine Category, through excepetional contribution to Product, Pricing, Profitability & Go-to-Market Strategy and 360 Degree Approach
  • Introduced innovative techniques such as TurboDrum, 3 Step Washing; enhanced profitability by 7.6% through cost reduction & design improvements; reduced field failure rate by 50% in 18 months
  • Successfully acquired various international quality approval certifications for WM like SASO, CE, Energy Star, CCC & UL
  • Managed a high performance team of Engineering Managers & Project Leaders to drive an Agile Product Development Process for LG domestic & global markets
  • Worked closely with Korea, China and Thailand technology teams, stakeholders and research centres on new product plans, program metrics, resource planning, controlling through PLM & PDM tools, budget allocation & control, and periodic reporting
  • Steered organization excellence processes like Key DNA Index (KDI), controlling operational excellence processes (NPI, Six-Sigma, Reliability, Lean, TPS)

Minda industries ltd.

Engineer R&D

Dec 1998Sep 2000 · 1 yr 9 mos

  • Developed various kinds of automotive lamps and elevated Minda to a leadership position in India
  • Introduced several Industry first initiatives such as Integrated 3 Color Lamps and Ultrasonic Welding for lamps
  • Bagged a huge order for Warning Triangle and rate L1 vendor from all (100%) leading Auto OEMs such as Maruti Suzuki, Fiat, Honda, Hyundai, Tata Motors, Ashok Leyland, Escorts, Tafe, Messey Fergusan, New Holland Tractors.
  • Launched new models of HeadLamps, Tail Lamps & Room Lamps for automobiles
  • Designed & developed Product, Moulds, Press Tool, Jigs & Fixtures using 3D CAD & CAM Software like Ideas MS 8.0, Autocad, Heidenhain, Fanuc, Agiesoft & Sinumeric
Product Design

Education

MICA | The School of Ideas

Management Development program — Supercharge Creativity to invent breakthrough Strategies for Marketing and Advertising

Jan 2016Jan 2016

Jodhpur National University, Jodhpur

Master of Business Administration (M.B.A.) — Supply Chain Management

Jan 2014Jan 2015

TRTC - Delhi

Post Diploma — CAD

Jan 1998Jan 1999

IDTR - Jamshedpur

4 Years Diploma in Tool and Die Making — Tool and Die Making

Jan 1994Jan 1998

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