# Paras Phalak - Aspiring Strategy Consultant
Source: https://hello.cv/parasphalak
Kharagpur

## Links
- LinkedIn | https://www.linkedin.com/in/parasphalak

## About
An aspiring strategy consultant from IIT Kharagpur, leveraging robust analytical skills and a strong foundation in data-driven problem-solving and market analysis. Proven ability to identify and capitalize on significant growth opportunities, as demonstrated by a business strategy internship and multiple award-winning case competitions that yielded insights identifying 2x product margins and substantial revenue growth. Eager to apply this expertise to drive strategic initiatives and deliver measurable business impact.

## Work
### Business Strategy Intern | Jeevan Polymers
Led strategic initiatives and supply chain optimizations for Jeevan Polymers, focusing on high-margin products and market expansion.
- Drove company strategy towards high-margin products after analysis revealed a 2x profit margin in Sprinklers, directly contributing to enhanced profitability.
- Architected a data-driven go-to-market plan for a new, bundled sprinkler system, projecting 20-30% in annual revenue growth.
- Launched the new system with zero capex by securing strategic supplier partnerships, boosting dealer margins and loyalty.
- Reduced critical raw material lead times by 15% for 158+ metric tons through redesigning the in-house procurement supply chain.
### General Secretary | Meghnad Saha Hall of Residence, IIT Kharagpur
Managed hall operations and budget, optimizing resource allocation and enhancing resident satisfaction through strategic initiatives.
- Optimized a Rs 10L+ budget, cutting food wastage cost by 15% and boosting resident satisfaction by 25% via strategic procurement.
- Increased sports participation by 20% through infrastructure upgrades and launching new competitive intra-hostel tournaments.
- Spearheaded a campus sports fest (300+ participants) and a blood donation drive (250+ units) by leading event logistics.
### Associate Member | Entrepreneurship Cell, IIT Kharagpur
Drove entrepreneurial awareness and expanded outreach for the Entrepreneurship Awareness Drive Pune 2023, engaging a wide student network.
- Secured over 500 students for the Entrepreneurship Awareness Drive Pune 2023, significantly spreading entrepreneurial awareness across the region.
- Guided 250+ Campus Ambassadors for EAD Pune, enhancing program reach and engagement.
- Cultivated partnerships with key Ecosystem Partners across 4 cities in Maharashtra, expanding the initiative's footprint.

## Education
### Indian Institute of Technology Kharagpur | Chemical Engineering

## Awards
### Bronze Medal in Inter-Hall GC 2024 (Squash)
IIT Kharagpur | 2024-01-01
Secured a podium spot amongst the Top 3 Squash players of the institute, demonstrating exceptional athletic skill and competitive spirit.

## Skills
### Consulting & Analytical Skills
- Market Sizing
- Competitive Analysis
- Pricing Strategy
- Business Process Mapping
### Technical Skills & Tools
- SQL
- Python
- Jupyter
- Pandas
- Numpy
- Power BI
- Tableau
- Microsoft Office

## Projects
### India's Supply Chain Advancement (Gold Medal, Open IIT Supply Chain)
Developed a comprehensive strategy for national rail freight optimization, encompassing infrastructure blueprints and digital solutions to enhance efficiency.
### Enhancing User Engagement, Fitpass (Silver Medal, Open IIT Case Study)
Formulated a high-ROI Go-to-Market strategy and designed features to significantly boost user conversion and reduce engineering time for Fitpass.
### Optimizing Revenue & Profitability in Hospitality Sector (Consult Club, IIT Guwahati)
Engineered a data pipeline and constructed a dynamic pricing engine to optimize revenue and customer satisfaction for the hospitality sector.
### Reducing Churn through Personalized Engagement, YouTube (Self Project)
Developed a market strategy and KPI framework to enhance recommendation lists and reduce churn for YouTube, securing significant monthly revenue.

## Source
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