Paras Phalak

Aspiring Strategy Consultant
Kharagpur, IN.

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

Jeevan Polymers
|

Business Strategy Intern

Mumbai, Maharashtra, India

Summary

Led strategic initiatives and supply chain optimizations for Jeevan Polymers, focusing on high-margin products and market expansion.

Highlights

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.

Meghnad Saha Hall of Residence, IIT Kharagpur
|

General Secretary

Kharagpur, West Bengal, India

Summary

Managed hall operations and budget, optimizing resource allocation and enhancing resident satisfaction through strategic initiatives.

Highlights

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.

Entrepreneurship Cell, IIT Kharagpur
|

Associate Member

Kharagpur, West Bengal, India

Summary

Drove entrepreneurial awareness and expanded outreach for the Entrepreneurship Awareness Drive Pune 2023, engaging a wide student network.

Highlights

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
Kharagpur, West Bengal, India

Bachelor of Technology

Chemical Engineering

Awards

Bronze Medal in Inter-Hall GC 2024 (Squash)

Awarded By

IIT Kharagpur

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)

Summary

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)

Summary

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)

Summary

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)

Summary

Developed a market strategy and KPI framework to enhance recommendation lists and reduce churn for YouTube, securing significant monthly revenue.