Summary
Overview
Work History
Education
Skills
References
Disclaimer
Languages
Timeline
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Abhijeet Hinge

Abhijeet Hinge

Pune

Summary

Results-driven procurement professional with expertise in strategic and global sourcing, capex, and indirect purchase. Skilled in supplier negotiations, leadership, relationship management, and people management. Proven track record of cost savings, process improvement, and fostering a collaborative team environment to drive productivity. Adept at negotiating with a total cost of ownership approach and possessing strong analytical skills. Proficient in reviewing purchase and supplier management activities to minimize unnecessary expenditures, knowledgeable in techno-commercial aspects. Well-versed in local and import procurement laws, duties, and taxation. Resourceful in planning, administering resources, ensuring process compliance and risk management. Capable of identifying, analyzing, and mitigating risks in sourcing processes.

Overview

25
25
years of professional experience

Work History

Procurement Manager

Emerson Automation Solutions
05.2011 - Current
  • Supervised a team of nine individuals comprising Strategic Sourcing Specialists and Category Manager for Asia Pacific and Middle East Africa Region.
  • Implemented initiatives to enhance processes and enforce best practices across the business units and region.
  • Allocated SMART KPIs to team members in alignment with EAS Business Unit's objectives.
  • Provided guidance, coaching, and training to the team, resulting in achievement of KPIs.
  • Conducted regular individual and team meetings to steer the team in the right direction and hosted Share & Learn sessions for knowledge sharing within the procurement team.
  • Streamlined the recruitment process by shortlisting CVs, conducting interviews, and ensuring selection of suitable candidates for the team.
  • Identified training needs and organized training programs for team members in collaboration with HR and Training department.
  • Collaborated with cross-functional teams and internal stakeholders to gather feedback and identify areas for team improvement.
  • Lead negotiations for key commodities/items in strategic projects, resulting in cost savings of 10%.
  • Conducted annual appraisals and incentive discussions to provide constructive feedback and support vertical growth for each team member.
  • Published quarterly MIS reports for senior management and stakeholders, highlighting key performance indicators.

Manager Project Purchase

Honeywell Automation India Ltd.
06.2008 - 05.2011
  • Sourcing and Procurement of 3rd party bought items in various Terminal and Retail Automation projects in India, with 100% OTTR.
  • Price Negotiations, Agreement on Commercial Terms and Conditions, finalization with Global and Local suppliers.
  • Finalize contracts for Installation and Commissioning contractors for various site locations across India.
  • Co-ordinate for pre-dispatch TPI Inspection with customer approved TPI agency and supplier.
  • Provide Dispatch Clearance to the supplier after TPI Inspection to ensure proper documentation to be maintained by supplier while dispatching the material at site.
  • Co-ordinate with Logistics department and supplier for dispatching material at site.
  • Ensure necessary Forms available with supplier before material dispatch at site.
  • Achieve Annual Productivity targets using various negotiation tools like e-Sourcing, Cost Innovation and Conventional Negotiations.
  • Pre-bid support to Sales and Estimation team for evaluation of suppliers offers and negotiations with suppliers.
  • Revenue Booking in SAP system as per Monthly/Quarterly Revenue Plan.

Assistant Manager MQA (Material Quote Analyst)

Jabil Circuit India Pvt. Ltd.
05.2005 - 06.2008
  • Team leader of Asia region MQA, leading team of EIGHT MQA functionally.
  • MQA job involves contacting the end customer approved sources, getting the quotations and finalizing the prices of Magnetic and Interconnect commodity parts for new business opportunities of all factories in Asia Region.
  • BOM cost analysis, 80-20 Analysis and negotiations for high spent parts.
  • Negotiations for other T and C like MOQ, Lead Time, and Payment Terms etc.
  • Calculate BOM cost, suggest best Manufacturer and price submission to BU/sales team with complete price analysis.
  • Achieving the target BOM cost with minimum lowest possible MOQ.
  • Resolving supplier issues with conversation, negotiation and proper escalation path.
  • Keep Team morale on high note with continuous communication and personnel touch with every individual.

Sourcing Executive

LG Electronics India Pvt Ltd.
02.2004 - 05.2005
  • Was responsible for Supplier Development and Sourcing of PCBA Assy. required in CTV and localization of packaging items GSM mobile products.
  • Development, localization of packing/plastic items of GSM mobile and cost innovation.
  • Supplier Selection, Audit and Supplier finalization.
  • Strategic supplier development based on QCDS factor.
  • Establish Manufacturing Process and Quality Systems at Supplier End during New Supplier Development.

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 department.
  • 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.
  • 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 in Production Shop as a Trainee Engineer

Education

B.E. - Mechanical

Pune University
07.1998

Skills

  • Effective vendor negotiation
  • Process improvement in supply chain
  • Procurement management
  • Capital asset purchasing
  • Supplier development strategies
  • Negotiation expertise
  • Global supply chain management
  • Cost-effective sourcing solutions
  • Cost evaluation
  • Proactive risk analysis
  • Data-driven category analysis
  • Effective supplier collaboration

References

Available on Request

Disclaimer

I certify that the information provided in this resume is true and accurate to the best of my knowledge.

Languages

English
Bilingual or Proficient (C2)
Hindi
Advanced (C1)
Marathi
Bilingual or Proficient (C2)

Timeline

Procurement Manager

Emerson Automation Solutions
05.2011 - Current

Manager Project Purchase

Honeywell Automation India Ltd.
06.2008 - 05.2011

Assistant Manager MQA (Material Quote Analyst)

Jabil Circuit 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

B.E. - Mechanical

Pune University

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