Sergei Ovchinnikov

Bio

Having completed my studies at full-time MBA programme with specialization in Finance at ASTON University, UK I am actively looking for employment opportunities for MBA graduate.

Being awarded the Degree with Merits I focused on corporate finance, international financial management and strategic management. Special attention was given to the derivative financial instruments, FX instruments, hedging techniques, evaluation of forward contracts and futures contracts, currency swaps and interest swaps execution, sources of financing, equities, bonds and cash flow management.

• Ambitious, High Performing and Innovative Supply Chain and Logistics Manager with strategic, operational, and financial experience

• MBA graduate with more than 10 years of experience of leading procurement import operations to Russia for the Russian trading and manufacturing company

• Valuable entrepreneurial and business development experience gained in the area of import of certain type of goods and equipment from European countries and Malaysia, industrial assembly and distribution of these goods and equipment inside the country through three channels: contract sales to enterprises (B2B sector), sales to the dealers, daily sales through a network of affiliates of the company.

• Extensive experience of managing and guiding people and processes as the Head of Procurement Department leading a team of 7 employees

Knowledge of International Financial Standards Requirements and specialization of MBA in FINANCE enables me implementing successfully the following tasks:
- Strategy formation and long-term planning,
- Economical evaluation of managerial decisions,
- Project evaluation and investment appraisal (NPV, IRR, Discounted Cash flow methods),
- Financial modeling,
- Profitability analysis,
- Ratios’ calculation and analysis,
- Evaluation of the cost of capital for the company,
- Evaluation of the financial instruments,
- Creation and updating of business plans.

Practice in Corporate Financial Management provided me with competence in evaluation of investment portfolio of the company and risk diversification.

Being a native Russian speaker I am able to facilitate cooperation with the partners in the Russian speaking community of CIS countries.

Currently

Studies at:: Aston Business School
Location in:: Birmingham, United Kingdom

Sergei speaks

English
German
Russian

Sergei has experience in

Consumer Goods
Operations/Logistics
Transportation

Work

2003 – 2010

Head of Procurement Department

SOLO Office Interiors , Russian Federation

Managed procurement activities of the company
Created comprehensive list of responsibilities for the staff of the department and deadlines for the procedures performed
Improved efficiency of resource and supply managment and provided solution for the problem of excessive inventory and shortages of goods
Launched and adopted the scheme of official import of goods which resulted in the following savings of customs duties paid:
For 6 months of 2009 – 325,000 Euro
For 6 months of 2010 – 660,000 Euro
Maximized productivity and efficiency of the employees’ performance through the introduction of a new compensation system for the staff
Developed and executed risk mitigation strategies
Negotiated and obtained required extensions of payment liabilities from the suppliers
Improved efficiency of the logistics scheme by optimizing expenses in the supply chain
Devised the process of putting forward the claims to the parties responsible for delays of supply, defect goods being supplied, faulty supplies
Resolved any arising problems, analyzed the origin of the problems and suggested possible solutions with minimum costs to the company
Achieved administrative and process excellence in supply chain management
Composed purchasing budgets on annual basis,
Controlled implementation of the budget performing “plan – fact” analysis with consequent investigation of the reasons of deviation and applied measures for elimination of such reasons
Participated in creation of annual budgets of the Company
Held responsibility for the cost of the goods supplied
Exercised control over the margin level of categories of goods
Possessing complete understanding of critical cost structures and of key suppliers and respective Corporate supply chains across directly responsible spend categories constantly applied efforts to decrease cost level
Ensured negotiation of the lowest total cost against key stakeholder requirements following Procurement’s policies
Built partnership relations with key suppliers of the Company

2001 – 2003

Supply Chain Manager

SOLO Office Interiors , Russian Federation

Implemented procurement operations from the European suppliers. Placed orders, controlled fulfillment of orders, coordinated delivery schedules.
Maintained certain level of inventory in constant availability to satify daily sales from stock.
Schedulled logistics for import operations mininmizing costs of logistics service and respecting delivery dates agreed with the customers.
Participated in team project work as a procurement officer. Provided calculataions of procurement expenses. Negotiated details of purchase deals with the suppliers (lead time, extra discounts, packaging).

Education

2010 – 2011	Aston Business School Full Time MBA (MBA)
2005	State University Higher School of Economics Logistics and Supply Chain Management (other)
1998 – 2001	Moscow Municipal Pedagogical University Post-graduate study for the degree of Ph.D (PHD)
1993 – 1998	Moscow State University of Forestry Linguistics and Intercultural Communication (Masters)

Clubs

Not a member of any clubs

Achievements

Improved efficiency of resource and supply managment
provided solution for the problem of excessive inventory and shortages of goods
Launched and adopted the scheme of official import of goods which resulted in the following savings of customs duties paid: For 6 months of 2009 – 325 000 Euro
For 6 months of 2010 – 660 000 Euro
Maximized productivity and efficiency of the employees’ performance