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Product Manager
A dynamic professional with 16+ years of experience in - India, China, Middle East, in the field of
Consumer Electronics, Mobile and Accessories. Specialized in Product Development, Product
Lifecycle Management, Product Service Support.
rakesh.darak@gmail.com +91-9829812667 Gurgaon
KEY SKILLS PROFILE SUMMARY
New Product development Expertise in New Product Introduction, and
Cross-functional leadership Development.
Process Engineering Operations Identified and developed new vendors from China
Product testing and quality control and India.
Spare parts planning Managed and Set up Product Testing Center for product
Product P&L Management development and quality assurance.
Stock & Inventory Management Expertise in complete product life cycle
Market Research management, starting from product selection till EOL
Strategic Planning service support.
Budgeting/Cost Control Initiatives Product Champion – Act as the product lead/owner for
new and existing products; work with cross- functional
KEY ACHIEVEMENTS teams to enhance existing products.
Analyzes scope of projects and rationalizes financial
Reduce feature phones cost by 3.5%
aspects of new products to ensure business goals are
through local parts development.
met.
Developed 50+ new Philips Accessories
Product training to Sales and Service team.
Products for India from Global portfolio.
Supplier Management, AVL compliance, Vendor Audit.
Successfully generated 22% gross margin
Handling Customer escalations and closer of same.
from Philips Accessories in Q1 2022.
Reduce LED PNA by 40% in Onida. Driving decision through data analysis towards
Developed SDA and Smartphones vertical organization goal
from scratch for GCC market in Eurostar.
Successfully launched SKD/CKD import of EDUCATIONS
LCD and CTV from China for Onida. 2001-2005: B.E.(E&C) from Rajasthan Univ.
Developed 14 SKU in one year, leads to 2020-2021: Executive MBA in Business Analytics from
double the volume of LED TV business for NMIMS
Eurostar
PROFESSIONAL HISTORY
TPV Technology India Jun’21-Present
Product Manager – Philips Accessories and Feature Phones
Job Responsibilities:
Development of New models and deciding Go to market strategy for Philips AV and
Mobile Accessories.
Approvals of monthly Price Waterfall and Schemes for partners.
Wealth of cross-functional expertise entails Category Management, Product Lifecycle
Management, Demand Planning, Business Analytics- Market & Competitor Analysis and Market
Categorization & all aspects of Product Management (Customer Segmentation, Product Promotions
& Positioning, Pricing & Branding)
Working with Sales, Marketing and Channel partners for business growth through competition
benchmarking, promotional schemes and marketing activity.
Job Responsibilities:
New product development, handling complete product development cycle starting from product
selection, product testing & approval, packaging design, initial spare parts ordering.
Product Compliance – Products (TAB/Mobile/CE/HA) approval from Local authorities like GSO,
TRA, ESMA, SASO for all GCC countries to import and sale the product.
Worked with Supplier to get existing product compliance for regular Safety / EER compliance.
Technical guidance to supplier for getting product tested as per regulatory requirements.
Developed product Road Map for new categories, extending existing product lines and
continuous improvement in product with competition analysis for business growth.
Managing central spares center, distribution of spares to KSA/OMAN/Kuwait branches and other
repair partners in Bahrain & Qatar as per sales plan and failure analysis.
Developed SDA and HA appliances categories including FA Washing Machine, Refrigerator,
Kettles, Water Dispenser, Water Cooler, FAN, Vacuum Cleaner, IRON, Mixer, Standing Gas cooker,
Microwave oven and OTG.
Worked on 50+ products in different category with 15+ vendors from China, India and Turkey.