Ricky Iestyn
VP Of Business Development And Project
Jakarta,Jakarta
Summary
High-achieving senior executive bringing expertise in business planning, revenue development and change management. Offers ten years of leadership in F&B, FMCG, and Retail industry along with entrepreneurial, forward-thinking mindset and demonstrated track record of accomplishment.
Overview
10
10
years of professional experience
8
8
years of post-secondary education
Work History
VP of Business Development and Project
PT Kurnia Boga Narayan (Janji Jiwa)
02.2022 - Current
- Established and directed successful programs focused on business expansion from 100 stores to 450 stores in Java and Bali.
- Managed to open 350 stores within allocated budget and timeline.
- Achieved rental expense below 15% for all company owned stores in 2022 and 2023.
- Maintained maintenance expense below 1% of Gross Revenue annually.
- Monitored key business risks and established risk management procedures.
- Analyzed industry trends and tracked competitor activities to inform decision making.
- Spearheaded acquisitions efforts, successfully integrating acquired stores into existing operations without disrupting workflow or productivity.
- Devised and presented business plans and forecasts to board of directors.
- Negotiated favorable contracts with vendors, securing advantageous terms for company while maintaining strong professional relationships.
- Enabled revenue generation by pursuing partnerships, sourcing funding, and capitalizing on market opportunities.
- Introduced process improvements that reduced operational costs while maintaining high-quality standards across all departments.
- Aligned organizational objectives with company mission to increase business growth and integrate work strategies.
- Established and maintained strong relationships with customers, vendors and strategic partners.
- Worked effectively in fast-paced environments.
- Proved successful working within tight deadlines and fast-paced environment.
- Exercised leadership capabilities by successfully motivating and inspiring others.
- Developed strong communication and organizational skills through working on group projects.
- Led recruitment and development of strategic alliances to maximize utilization of existing talent and capabilities.
- Cultivated company-wide culture of innovation and collaboration.
- Revised corporate policies and procedures to ensure compliance with evolving industry regulations, mitigating potential risks.
- Collaborated with legal, accounting and other professional teams to review and maintain compliance with regulations.
Vice President
PT Maju Makmur Group
11.2014 - 01.2022
- Managed Group Business Unit portfolio consisting of more than 40 companies ranging from Whole seller, Retail, Property and Contractor business.
- Maintained steady revenue above 2 trillion rupiah annually.
- Implemented strategic plans for business growth, resulting in increased revenue and market share.
- Oversaw supply chain functions to verify inventory levels and budget adherence.
- Applied excellent problem-solving, process development, and strategic implementation skills to lead and support all areas of operations.
- Implemented new technologies to automate processes, resulting in reduced labor costs and increased efficiency.
- Reduced budgetary expenditures by effectively negotiating contracts for more advantageous terms.
- Recruited, hired, and trained initial personnel, working to establish key internal functions and outline scope of positions for new organization.
- Drove sustainable growth and profitability by staying current with industry trends and adapting operational strategies accordingly.
- Negotiated price and service with customers and vendors to decrease expenses and increase profit.
- Developed strategic plans that aligned with organizational goals, ensuring long-term growth and sustainability.
- Oversaw supply chain operations, ensuring timely delivery of products while minimizing inventory costs.
- Managed cross-functional teams to ensure seamless collaboration for optimal business outcomes.
- Strategically coordinated operations according to objectives and capabilities, effectively allocating resources to meet demands.
- Identified opportunities to improve business process flows and productivity.
CEO
PT Mitra Makmur Permai
01.2017 - 12.2022
- Initiated strategy to drive company growth and increase market share and profitability by more than 20% annually.
- Analyzed and tracked business metrics and made appropriate adjustments to meet supply and demand needs.
- Drove profitability with thorough financial analysis and strategic decision making.
- Managed financial, operational and human resources to optimize business performance.
Director
PT Maju Makmur Raya
04.2019 - 01.2022
- Maintained a steady EBITDA of more than 30% annually.
- Worked closely with organizational leadership and board of directors to guide operational strategy.
- Enhanced team collaboration through regular communication, goal setting, and performance evaluations.
- Implemented innovative programs to increase employee loyalty and reduce turnover.
- Implemented business strategies, increasing revenue, and effectively targeting new markets.
Director
PT Sentra Sarana Medika
04.2019 - 01.2022
- Achieved a steady growth of revenue by more than 10% annually.
- Streamlined communication channels between departments, improving teamwork and collaboration among interdisciplinary teams.
- Ensured compliance with federal and state regulations through regular audits and policy updates.
- Implemented inventory management systems to reduce stock discrepancies and improve warehouse efficiency.
- Assisted in development of annual sales forecasts and budgets, contributing to company-wide financial planning efforts.
Education
MBA - Project Management
City University of Seattle
Bellevue 07.2008 - 03.2010
Bachelor of Arts - Finance
Seattle University
Seattle 01.2006 - 06.2007
Associate of Arts - Business Administration
Shoreline Community College
Seattle 07.2004 - 12.2005
High School Diploma -
Balestier Hill Secondary School
Singapore 07.2000 - 06.2004
Skills
Portfolio Management
Timeline
VP of Business Development and Project
PT Kurnia Boga Narayan (Janji Jiwa)
02.2022 - Current
Director
PT Maju Makmur Raya
04.2019 - 01.2022
Director
PT Sentra Sarana Medika
04.2019 - 01.2022
CEO
PT Mitra Makmur Permai
01.2017 - 12.2022
Vice President
PT Maju Makmur Group
11.2014 - 01.2022
MBA - Project Management
City University of Seattle
07.2008 - 03.2010
Bachelor of Arts - Finance
Seattle University
01.2006 - 06.2007
Associate of Arts - Business Administration
Shoreline Community College
07.2004 - 12.2005
High School Diploma -
Balestier Hill Secondary School
07.2000 - 06.2004
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