Nicolas Tannous’ Post

A solid finance team is the backbone that keeps a company positioned for stable growth. We at Obvi are lucky to have Ravi Melwani and his team, who go beyond finance to keep us running at full speed. Here’s some things they’ve helped us achieve in the past 90 days: 1. Accurate Supply Chain Forecasting Retail forecasting isn’t a straight shot. Our team didn’t just take the projections handed over by big retailers; they dove deeper. They blended in data from seasonal patterns, historical sales velocities, and category trends—essentially crafting their own version of what demand would look like. This extra layer of insight means we’re fully equipped with the right inventory, avoiding both overstocking or any last-minute shortages. 2. Logistics and Cost Optimization Our recent switch in 3PL partners wasn’t only about improving logistics—it’s been a financial win, saving us around 12% monthly on shipping costs. With better terms and aligned services, those savings are now being redirected toward growth-driving initiatives rather than just covering logistics. 3. B2B Financial Review To get a sharper picture of our B2B game, the team carved out dedicated profit and loss statements for this channel. Now, they’re working closer with the sales department to zero in on what makes these accounts tick, refining strategies for even more targeted growth and performance.   — If you’re interested in a more behind-the-scenes look at DTC finance operations, go give Ravi Melwani a Follow!

With over a decade of progressive experience in finance and logistics management, I am a results-oriented professional who has consistently delivered strategic solutions to drive organizational success. My career journey encompasses a dynamic blend of roles, including three years as a Senior Finance Analyst in the financial services sector, followed by seven years as a Senior Finance and Logistics Executive. Financial Services Expertise: In my role as a Senior Finance Analyst, I honed my analytical skills and financial acumen, providing valuable insights to optimize investment strategies and mitigate risks. I successfully managed complex financial portfolios, conducted in-depth market research, and collaborated cross-functionally to drive revenue growth and operational efficiency. Finance and Logistics Management Excellence: Transitioning into the realm of finance and logistics management, I embraced the challenges of overseeing end-to-end supply chain operations while simultaneously managing financial resources. As a Senior Finance and Logistics Executive, I led teams in developing robust logistics strategies, negotiating contracts with key suppliers, and implementing cost-saving initiatives. My ability to streamline processes, optimize inventory management, and ensure regulatory compliance has consistently contributed to bottom-line results. Key Strengths: Strategic Planning and Execution: Proven track record of developing and implementing strategic initiatives to achieve organizational objectives. Cross-Functional Collaboration: Skilled in fostering strong relationships with stakeholders across departments to drive alignment and achieve collective goals. Problem-Solving and Decision-Making: Demonstrated ability to analyze complex issues, identify solutions, and make informed decisions in fast-paced environments. Leadership and Team Development: Passionate about mentoring and empowering team members to reach their full potential, fostering a culture of continuous learning and growth. Looking Ahead: As I embark on the next phase of my career journey, I am excited about leveraging my diverse expertise to make a meaningful impact in a dynamic and forward-thinking organization. I am eager to explore opportunities where I can contribute my strategic insights, leadership capabilities, and passion for driving operational excellence. Let's Connect: I welcome the opportunity to connect with professionals who share a passion for innovation and excellence in finance and logistics management. Feel free to reach out to me to explore potential collaboration opportunities or discuss industry insights.

Corporate structuring in the food industry involves organizing the company's various departments, divisions, and functions to optimize efficiency, comply with regulations, and achieve strategic goals. Here's an overview of how a typical food industry corporation might be structured: 1. Executive Leadership:** - **CEO (Chief Executive Officer):** Oversees the entire company and makes major corporate decisions. - **CFO (Chief Financial Officer):** Manages the financial actions of the company, including budgeting, forecasting, and financial reporting. - **COO (Chief Operating Officer):** Oversees day-to-day operations, ensuring that the company’s operational procedures are efficient and effective. 2. Operations:** - **Production:** Manages the manufacturing process, ensuring quality and efficiency in the production of food products. - **Supply Chain Management:** Oversees logistics, including sourcing raw materials, inventory management, and distribution of finished goods. - **Quality Control:** Ensures that all products meet health, safety, and quality standards. 3. Sales and Marketing:** - **Sales Department:** Focuses on selling products to retailers, wholesalers, and directly to consumers. - Marketing Department:** Develops and implements marketing strategies to promote products and brand awareness. 4. Research and Development (R&D):** - Develops new products and improves existing ones, focusing on innovation and responding to consumer trends and preferences. 5. Human Resources (HR):** - Manages employee recruitment, training, development, and retention, as well as handling benefits and compliance with labor laws. 6. Finance and Accounting:** - Manages company finances, including accounts payable and receivable, payroll, and financial planning. 7. Legal and Compliance:** - Ensures compliance with local, national, and international food safety and quality regulations, handles legal matters, and manages intellectual property. 8. Customer Service:** - Addresses customer inquiries and complaints, ensuring a high level of customer satisfaction. 9. Information Technology (IT):** - Manages the company’s technology infrastructure, including software, hardware, and data security. 10. Sustainability and Corporate Social Responsibility (CSR):** - Develops and implements strategies to ensure the company operates sustainably and ethically, including environmental practices and community engagement. This structure can vary depending on the size and scope of the company, with larger companies often having more specialized departments and roles.

Meet Braden Smith, Class of 2023! Braden is currently a corporate controller at Schaeffler, where he manages indirect functional reporting, ensuring that financial data across various departments (HR, IT, Production Maintenance, etc.) is accurately tracked and reported. His responsibilities also include overseeing cost accounting to analyze and control expenses, providing critical financial insights to support strategic decision-making. Additionally, he works on budgeting, forecasting, and financial analysis to ensure optimal financial performance and compliance with regulatory standards. In his own words, "At Schaeffler, I enjoy the broad exposure to various processes, departments, and people from diverse cultures in my finance role." Gardner-Webb University Gardner-Webb Career

One of the key qualities of a finance manager is understanding the core job of his business partners. Like literally, wearing their hat and acting as one of their team members. A factory finance manager for instance should understand all the Ins and Outs of the factory he/she is covering, in terms of processes, daily operations, to the extent of challenging the daily outputs of the machines as well. Imagine a situation where you have to work on the ROI of a new machinery, whom do you think would be more trustworthy, a proactive finance manager who understands the efficiency upgrade when we introduce a new piece of machinery, or the one waiting for others inputs to only do the math on an excel sheet? Be proactive, wear the other hat.

Logistics is an important part for every business organization, especially for those who are involved in manufacturing and sale of tangible goods. Logistics ensures as to how the final product is scheduled for delivery to the ultimate customer. Packaging and Moving companies or firms form the heart of logistics, playing an important role in the same. They are the one's who ensure the product reaches the customer safely and within the designated time frame. Being in the business of the business in which every other business is dependent upon is definitely a good business to be in. Business^4. #finance #qualitativeresearch #researchanalyst #quantitativeanalysis #equityresearch #research Picture Credits: Study Work Grow

If you're an FMCG or Retail business looking to staff a finance transformation project, I have a fantastic candidate available. Please feel free to connect to learn more about the candidate or our services in general and how we can support your business across Legal, Accounting & Business Support (Recruitment𝐋𝐀𝐁𝐒) #FMCG #Retail #transformation #change #financetransformation

Finance and marketing

I have compied this concise "Pocket Guide to Granular Process Improvement" as an initial step towards process improvement in gradual phases, setting the foundation for an eventual digital transformation. Whether you're a meticulous accountant, an organized procure-to-pay administrator, an insightful Finance Manager, a strategic CFO, or a diligent finance administrator, this guide is tailored to empower you with actionable strategies and insights. It's an indispensable resource for those committed to driving process optimization, reducing waste, and laying the groundwork for digital transformation in the finance sector. https://apple.co/49IZNZi

📊Procter & Gamble (P&G) achieved savings of up to $1.5 billion in the cost of goods sold through granular data analysis and the use of categorized bank reports. This strategy has been key to optimizing costs and uncovering opportunities that enhance corporate performance. #Finance #DataAnalysis #FinancialManagement #BusinessStrategy #CostOptimization #CategorizedReports #ProcterGamble #SustainableGrowth