Summary
Overview
Work History
Education
Skills
Languages
Certification
Work Availability
Timeline
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Abhijeet Hinge

Abhijeet Hinge

Pune

Summary

Proactive Purchasing Manager helping businesses meet fulfillment obligations through reliable vendor partnerships and streamlined ordering processes. Performs detailed research in supplier selection, sourcing and value assessment to form best overall strategy for long-term gain. Manages purchasing budget to determine feasibility of contracts and exceed savings goals.

Overview

25
25
years of professional experience
1
1
Certification

Work History

Procurement Manager

Emerson Automation Solutions
05.2011 - Current
  • Negotiated contracts with suppliers to obtain favorable terms and pricing.
  • Developed and implemented procurement policies and procedures to enhance compliance with company standards.
  • Conducted spend analysis to identify cost-saving opportunities.
  • Developed and maintained relationships with key suppliers for smooth communication and to meet required expectations.
  • Analyzed supplier contracts to confirm compliance with company policies and procedures.
  • Negotiated pricing and terms with vendors to secure best value for company.
  • Achieved Team cost savings of $5.4M and $4.7 M through supplier negotiations during FY’21 and FY’22.
  • Facilitated resolution of vendor disputes and discrepancies.
  • Resolved invoice and payment issues to facilitate prompt payment to suppliers.
  • Monitored and managed procurement budget to control costs.
  • Scrutinized purchasing data to identify areas for improvement and cost savings.

Project Purchase Manager

Honeywell Automation India Ltd.
06.2008 - 05.2011
  • Conducted e-negotiations with vendors on rejections, disposition and adjustment of purchased materials not meeting specifications.
  • Negotiated contract terms with vendors to balance cash flow against possible price savings with technical and operational input from stakeholders and colleagues.
  • Managed, coached and developed high-performing buyers to meet objectives, deliver results and add value to purchasing department.
  • Operated in accordance with health, safety and environmental policies and procedures for safety and well-being of staff and visitors.
  • Achieved costs savings of ₹ 3.57 CR through negotiations and improvement in cash flow through improvement in payment terms during 2009-11.

Assistant Manager MQA

Jabil India Pvt Ltd
05.2005 - 06.2008
  • Supervised day-to-day operations to meet performance, quality and service expectations.
  • Offered hands-on assistance to customers, assessing needs, and maintaining current knowledge of consumer preferences.
  • Mentored team members to enhance professional development and accountability in workplace.
  • Improved rate of new business wins by a whopping 46% (13%-win rate to 19%-win rate) in 3 yrs.
  • Reduced the cycle time of new business BOM cost finalization by 34% (7 days to 4.6 days)

Sourcing Executive

LG Electronics India Pvt. Ltd.
02.2004 - 05.2005
  • Sourcing and Development of new suppliers for CTV and Mobile division
  • Developed and implemented procurement policies and procedures to enhance compliance with company standards.
  • Conducted BOM Cost analysis to identify cost-saving opportunities
  • Monitored and managed procurement budget to control costs.
  • Evaluated supplier quotes based on purchasing procedures and competitiveness in quality, price and delivery.
  • Achieved cost savings of ₹ 18.95L through robust negotiations for key products of color TV & Mobile phones in 2004.(LG Electronics)

Materials Engineer

Videocon International Ltd.
03.2000 - 02.2004
  • Handled procurement of Mechanical, Sheet Metal and Plastic components for CTV.
  • Creation of Purchase Orders in SAP based on indent received from planning dept.
  • Release of Purchase Orders on Suppliers with Optimum cost and delivery.
  • Communicate schedules of ‘A and B' class items to Suppliers, based on weekly production plan.
  • Follow up with Suppliers for material shortages.
  • Develop alternate source for existing item and rate negotiation and finalization.
  • Saved ₹ 3.15L through negotiation of freight terms of some of key suppliers in 2001-02.(Videocon)
  • Ensure material availability of required qty. to avoid production stoppage.
  • Monitor inventory of ‘A and B' class items at optimum level based on weekly production plan.
  • Cost Reduction and Supplier value analysis.

Trainee Engineer

Kinetic Engineering Ltd
09.1998 - 09.1999
  • Worked as Trainee Engineer in Production Shop

Education

Bachelor of Science - Mechanical Engineering

PDVVP College of Engineering
Ahmednagar
07.1998

Skills

  • Engineering, Procurement, and Construction Management
  • Global Sourcing
  • Supplier Management
  • Price Negotiation
  • Vendor sourcing
  • Contract Negotiation
  • Data analysis understanding

Languages

English
Bilingual or Proficient (C2)

Certification


  • Certified Professional in Supply Management from ISM USA Nov.-13 to Nov.16

Work Availability

monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Timeline

Procurement Manager

Emerson Automation Solutions
05.2011 - Current

Project Purchase Manager

Honeywell Automation India Ltd.
06.2008 - 05.2011

Assistant Manager MQA

Jabil India Pvt Ltd
05.2005 - 06.2008

Sourcing Executive

LG Electronics India Pvt. Ltd.
02.2004 - 05.2005

Materials Engineer

Videocon International Ltd.
03.2000 - 02.2004

Trainee Engineer

Kinetic Engineering Ltd
09.1998 - 09.1999

Bachelor of Science - Mechanical Engineering

PDVVP College of Engineering

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