FinTech Leadership: 2023 Women of Color STEM Award Winners
Published August 21, 2023 By : Staff Writer
Madhura Damle has held the position of purchasing project manager at Lordstown Motors Corporation, where she proved to be an invaluable asset.
She also served as a business intelligence specialist in LMC's purchasing organization, playing a vital role in the company's success.
The job entails working closely with cross-functional leaders and multiple layers within the purchasing department to develop and deliver data analysis and reports that lead to improved action plans, resource allocation, and overall financial performance.
This role involves extensive cross-functional interaction and high visibility among the organizational leadership.
Being a startup with nascent systems and processes, the company faced challenges in comprehending data from various sources, which impacted its performance.
Madhura resolved this issue by consolidating data from multiple sources, summarizing it in a user-friendly manner, and providing insights that stakeholders could use to enhance business operations.
She developed a vehicle bill of material tracking system, a purchase order tracking versus requirements system, and an inventory forecast system.
Madhura excels in identifying critical information from large data sets and is a role model for her colleagues, always striving to improve her work.
She works collaboratively with other departments, including finance, program management, and engineering, to implement improvements in the company.
Thanks to Madhura's efforts, the company has gained better control of spending, increased employee efficiency, and achieved tangible financial benefits.
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