SAP
Abhijit Sarnaik
SENIOR EXECUTIVE PURCHASE
Akurdi,Pune
Summary
Engineer with 6 years of experience in Purchase, seeking a challenging and rewarding role as an Indirect Purchase Executive. Skilled in strategic procurement, vendor management, and cost optimization. Dedicated to driving business growth, improving operational efficiency, and reducing costs. Objectives include developing and implementing effective indirect procurement strategies, building strong supplier relationships, analyzing spend data to identify cost-saving opportunities, and collaborating with cross-functional teams to achieve business objectives. Committed to ensuring compliance with company policies and regulatory requirements. Passionate about procurement leadership, aiming to advance career, expand expertise, and contribute to the success of a dynamic organization.
Overview
6
6
years of professional experience
Work History
SENIOR EXECUTIVE PURCHASE
MUNGI ENGINEERS PVT.LTD
01.2023 - Current
- Company Overview: Supply world-class quality engineering products at a competitive price, by committing to on time deliveries to domestic and international customers
- Identifying and evaluating suppliers, negotiating contracts, and managing vendor relations
- Developing and implementing category strategies for indirect spend areas like facilities, IT, marketing, and travel
- Creating Purchase Orders & amending PO's
- Cost Management: Analyzing spend data, identifying cost-saving opportunities, and implementing cost-reduction initiatives
- Developing, managing, and enforcing contracts with suppliers
- Collaborating with internal stakeholders to understand business needs and ensure procurement strategies align with organizational goals
- Continuously assessing and improving indirect procurement processes and procedures
- Handled Purchase of above Rs 5 Cr Under the guidance of Asst.Manager.
- Reduced costs through effective negotiation tactics for multiple contracts with key suppliers.
- Ensured timely delivery of goods by maintaining strong relationships with shipping providers and monitoring shipment statuses proactively.
- Enhanced supplier relationships by establishing clear communication channels and fostering partnerships based on mutual trust.
- Achieved sustainable cost savings without compromising product quality or service levels by leveraging economies of scale with preferred suppliers.
- Led cross-functional teams in conducting thorough market analysis for informed decision-making in procurement activities.
- Developed comprehensive supply chain strategies, aligning them with company goals to ensure long-term success.
- Organized comprehensive training programs for purchasing staff, enhancing their skills and knowledge of best practices to improve overall team performance.
- Collaborated with internal stakeholders to identify opportunities for cost reduction and process improvement within the organization''s supply chain operations.
- Managed a high-performing team of buyers, providing guidance and support to achieve department objectives.
- Oversaw the evaluation, selection, and onboarding of new vendors, ensuring alignment with corporate standards and requirements.
- Evaluated vendor performance against established criteria to drive continuous improvement efforts within the supply base.
- Negotiated favorable payment terms with suppliers, improving cash flow management while maintaining positive working relationships.
- Championed risk mitigation efforts, identifying potential supply chain disruptions and developing actionable contingency plans accordingly.
- Optimized operational efficiency by automating manual tasks through implementation of advanced procurement software solutions.
- Streamlined purchasing processes, resulting in time savings and increased accuracy in order fulfillment.
- Managed complex projects involving multiple stakeholders, ensuring smooth communication and timely execution of procurement-related tasks.
- Improved procurement efficiency by implementing strategic sourcing initiatives and supplier management programs.
- Sourced vendors, built relationships, and negotiated prices.
- Coordinated paperwork, updated spreadsheets, and maintained permanent records.
- Performed monthly reconciliation of open purchasing orders.
- Monitored and evaluated vendor performance to determine compliance with quality standards.
- Implemented policies to reduce cost and eliminate waste.
- Conducted regular research to identify trends and cost saving opportunities.
- Generated reports, documents and analysis in Software for senior management review and approval.
- Progressed through various purchasing, warehousing and leadership roles.
- Used Software to authorize and monitor purchase orders and consumables.
- Wrote standard operating procedures for department.
- Adjusted procedures to maximize department effectiveness.
- Managed and maintained purchase orders and invoices.
- Placed orders for merchandise consistent with quality, quantity and other specification requirements.
- Prepared and analyzed reports to track inventory and purchasing trends.
- Communicated with suppliers to negotiate best pricing on apparel and accessories.
- Evaluated product quality and vendor performance to maintain quality standards.
- Provided clerks with information to print on price tags such as price, mark-ups or mark-downs or style number.
- Cultivated relationships with wholesalers and distributors to increase inventory availability.
- Studied and monitored market trends to identify potential suppliers.
- Developed and managed budgets for purchasing and projected purchasing needs.
- Interacted with vendors, store managers and other stakeholders to maintain on-time deliveries.
- Negotiated contracts with vendors for cost-effective purchasing terms.
- Established relationships with vendors to secure competitive pricing and discounts.
- Collaborated with sales team to identify and fulfill customer needs.
- Researched and identified new suppliers and vendors.
JUNIOR EXECUTIVE PURCHASE
OWENS CORNING INDIA PVT.LTD
08.2021 - 01.2023
- Company Overview: leading manufacturer of building materials and composite solutions. The Taloja facility specializes in producing fiberglass products, catering to both domestic and international markets. The company is committed to innovation, sustainability, and delivering high-quality products to its customers.
- Procurement and Sourcing: Identifying and sourcing reliable suppliers for indirect materials and services like MRO items, IT equipment, and office supplies.Conducting market research and vendor analysis to ensure competitive pricing and quality.
- Preparing and issuing purchase orders, ensuring timely delivery and compliance with company policies.
- Supplier Management: Building and maintaining strong relationships with suppliers to ensure timely deliveries and resolve any issues.
- Monitoring supplier performance and taking corrective actions as needed.Conducting regular supplier evaluations and audits to assess their capabilities and compliance.
- Identifying opportunities for cost reduction through negotiation, consolidation, and alternative sourcing strategies.
- Analyzing spending patterns and implementing cost-saving initiatives.Monitoring market trends and exploring new procurement strategies to optimize costs.
- Contract Management:Reviewing and negotiating contracts with suppliers to ensure favorable terms and conditions.Monitoring contract compliance and resolving any disputes or issues.
- Data Analysis and Reporting: Analyzing procurement data to identify trends and generate reports on key performance indicators.Preparing regular reports on procurement activities, cost savings, and supplier performance.
- Additional Responsibilities: Supporting the implementation of procurement policies and procedures.
- Participating in projects related to procurement process improvement and system enhancements. Collaborating with cross-functional teams to ensure smooth operations and meet business objectives.
TRAINEE EXECUTIVE PURCHASE
BAJAJ AUTO PVT.LTD
05.2019 - 08.2021
- Company Overview: It is a state-of-the-art manufacturing facility of Bajaj Auto Limited, one of India's leading two-wheeler manufacturers. The plant produces a range of motorcycles, including popular models like Pulsar, Dominar, and Platina. The Chakan plant is known for its advanced technology, efficient production processes, and commitment to quality.
- Procurement of indirect materials and services for manufacturing, such as: MRO (Maintenance, Repair, and Operations) items, Consumables (e.g., lubricants, cleaning agents), Packaging materials, Facilities maintenance services, Preparing reports on Daily Production
- Learning and Development: Undergoing rigorous training programs to gain a comprehensive understanding of indirect procurement processes, supplier management, and cost reduction strategies.
- Learning about various indirect categories like MRO (Maintenance, Repair, and Operations), IT, and services.
- Assisting in Procurement Activities: Supporting experienced procurement professionals in tasks like vendor identification, request for quotation (RFQ) preparation, and purchase order generation for indirect materials and services.Assisting in supplier negotiations and contract management.
- Collaborating with internal stakeholders to understand their requirements and identify suitable suppliers.
- Cost Reduction Initiatives: Contributing to cost-saving measures by identifying opportunities for price negotiations, supplier consolidation, and alternative sourcing options for indirect categories.
- Analyzing spending patterns and identifying potential cost-saving opportunities.
- Quality Assurance: Ensuring that procured indirect materials and services meet quality standards and comply with company policies.
- Collaborating with quality control teams to address any quality issues.
- Data Analysis and Reporting: Analyzing procurement data to identify trends, generate reports, and support decision-making processes.
- Developing and maintaining accurate records of procurement activities.
Education
BACHELORS OF ENGINEERING - Mechanical Engineering
P.G.MOZE COLLEGE OF ENGINEERING
Wagholi, Pune 07.2023
DIPLOMA IN MECHANICAL ENGINEERING - Mechanical Engineering
DKTE'S YASHWANTRAO CHAVAN POLYTECHNIC
ICHALKARANJI 06.2019
Skills
Strategic Sourcing: Ability to identify and implement cost-effective sourcing strategies, including negotiation, supplier selection, and contract management
Negotiation Skills: Excellent negotiation skills to achieve favorable outcomes in supplier negotiations and contract discussions
Supplier Relationship Management: Strong interpersonal skills to build and maintain long-term relationships with suppliers, resolve disputes, and improve performance
Cost Reduction: Proven track record of identifying and implementing cost-saving initiatives, such as supplier consolidation, negotiation, and alternative sourcing
Contract Negotiation: Expertise in negotiating favorable terms and conditions in contracts, including pricing, delivery schedules, and performance metrics
Procurement Process Improvement: Knowledge of procurement processes and the ability to identify and implement process improvements to increase efficiency and reduce costs
Data Analysis and Reporting: Proficiency in data analysis tools to track key performance indicators, identify trends, and generate insightful reports
ERP Systems: Experience with ERP systems like SAP, or other procurement software
MS Office Suite: Strong proficiency in Excel, PowerPoint, and Word for data analysis, presentations, and report writing
Procurement Tools: Knowledge of procurement tools and technologies, such as e-procurement platforms and RFx tools
Communication Skills: Effective communication skills, both written and verbal, to interact with various stakeholders, including suppliers, internal teams, and senior management
Problem-Solving and Decision-Making: Ability to analyze complex problems, identify solutions, and make informed decisions under pressure
Leadership and Teamwork: Strong leadership skills to lead and motivate teams, as well as the ability to collaborate effectively with cross-functional teams
Analytical Skills: Strong analytical skills to evaluate data, identify trends, and make data-driven decisions
As Well As Expertise Professional demeanor,Procurement expertise,Trend Analysis,Vendor sourcing,Document preparation,Contract Negotiation,Project Management,Budget Management,Profit and loss understanding,Vendor negotiation & Goods procurement
Personal Information
- Date of Birth: 20/06/2000
- Gender: Male
- Marital Status: Unmarried
Awards
Best Purchaser Award, 2020, BAJAJ AUTO CHAKAN
Software
ERP
Tally
Interests
Market Research
Challenging Rate Negotiations
Visit New Industrial Markets/Areas
Disclaimer
I hereby declared that the above-mentioned information is true as per best of my knowledge.
Timeline
SENIOR EXECUTIVE PURCHASE
MUNGI ENGINEERS PVT.LTD
01.2023 - Current
JUNIOR EXECUTIVE PURCHASE
OWENS CORNING INDIA PVT.LTD
08.2021 - 01.2023
TRAINEE EXECUTIVE PURCHASE
BAJAJ AUTO PVT.LTD
05.2019 - 08.2021
BACHELORS OF ENGINEERING - Mechanical Engineering
P.G.MOZE COLLEGE OF ENGINEERING
DIPLOMA IN MECHANICAL ENGINEERING - Mechanical Engineering
DKTE'S YASHWANTRAO CHAVAN POLYTECHNIC