Abhishar Rana
Strategic Sourcing And Procurement
Gurgaon
Summary
I am a procurement and project management strategic professional with over 4 years in Strategic Sourcing(CAPEX & OPEX), Supply Chain, Project Management, Vendor Management, Contract Management, Ariba, ERP SAP, IT Procurement, Mining Industry, Supply Chain Operations, Sales & marketing, RFI/RFP, Techno- commercial Evaluation, Price Benchmarking, and Negotiations, Procure to Pay Process, Cost Optimization, Inventory Management, Annual Budgeting, E-sourcing, and E-auctions, Spend Analytics, Market Research, Social Media Marketing, and Category Management.
Overview
5
5
years of professional experience
6
6
years of post-secondary education
Work History
Sr. Supplier Relation
Ofbusiness(Ofb Tech Pvt. Ltd.)
03.2023 - Current
- Managed end-to-end procurement activities for secondary manufacturing of TMT Bars & negotiated contracts and service level agreements, achieving cost savings by 2.5-3% and optimizing supplier relationships.
- Handles entire RFX process
- Monthly scheduling, inventory management
- Caters over 200Cr of business for all accounts per annum.
- Retention rate is of 60%
- Develop and implement procurement strategies to meet business objectives, ensuring optimal sourcing, cost efficiency, and quality standards
- Conduct market research, assess supplier capabilities, and identify potential vendors
- Maintain accurate records, documentation, and procurement data for reporting and analysis purposes
- Coordinated with logistics and warehouse teams to ensure timely delivery and efficient inventory management
- Assisted in procurement process for secondary manufacturing of TMT Bars, supporting Procurement Manager
- Monitor supplier performance, track delivery schedules, and address any issues or discrepancies
- Worked flexible hours across night, weekend, and holiday shifts.
Senior Sourcing Associate
Power2sme Pvt Ltd
08.2021 - 03.2023
- Evaluated new supplier capabilities to significantly reduce risks, improve operational visibility and create greater value for products and services.
- Supported gross profit goals by negotiating and controlling costs, lead times, freight terms and purchase quantity requirements.
- Accepted and processed supply requests from staff, and placed orders per procedures.
- Maintained documentation for all purchases.
- Ensuring collection of strategic information from market to keep edge over competitors.
- Collaborated with digitalization team for smooth transition from manual RFQ to E-RFQ process for complete P2P cycle.
- Contributed significantly to the planning and execution of the Use and Pay model, which aimed to reduce the number of transactions in the first phase by 50% and extend the credit period by 30 days.
- Prepared the SKU-wise and location-wise annual budget and weekly deployment plan for each customer of assigned territory.
- Worked varied hours to meet seasonal and business needs.
- Provided product price information to customers.
- Trained and mentored junior staff on customer service strategies and techniques.
- Developed and implemented strategies to increase customer satisfaction and engagement.
- Worked on ERM, CRM, SAP & ARIBA(ENGLISH REVERSE AUCTION, DUTCH AUCTION, JAPENESE REVERSE AUCTION).
- Collaborated with finance, procurement and operations leaders on global sourcing projects.
- Developed long-term partnerships with key suppliers to improve performance across supply chain, generate greater cost efficiency and enable business to grow and develop.
- Participated in cross-functional activities to spark innovation, break bureaucratic boundaries and reduce production cycle times.
- Searched for hard-to-find items and found high-quality, reliable vendors.
- Developed sourcing strategies to improve procurement processes, supplier relationships and capability development to optimize supply chain.
- Researched new vendors and partners to obtain most cost-effective pricing for goods.
- Facilitated supplier development programs to create productive partnerships that support production performance and quality objectives.
- Managed supply base to support corporate objectives in areas of cost, quality, delivery and customer satisfaction.
- Maximized value from business processes to eliminate inefficiencies and reduce costs.
Sourcing Associate
Power2sme Pvt Ltd
06.2019 - 07.2021
- Evaluated new supplier capabilities to significantly reduce risks, improve operational visibility and create greater value for products and services.
- Maximized value from business processes to eliminate inefficiencies and reduce costs.
- Collaborated with finance, procurement and operations leaders on global sourcing projects.
- Worked with departments to find new and better items to fulfill diverse needs.
- Made valuable contributions to planning of promotions, pricing and inventory levels, enhancing inventory flow, revenue, and profits.
- Sourced and qualified bidders, obtained favorable pricing and finalized contracts.
- Researched new vendors and partners to obtain most cost-effective pricing for goods.
- Strategically evaluated market conditions and approached varying suppliers prior to making purchases.
- Reduce response time to stake holder and turn-around time of commercial activities by identifying training needs of the team and engaging best in class vendors
- Increased business volume of existing client by 25% through Strategic Sourcing.
Education
B. Tech - Automotive Design Engineering
UPES, Dehradun
Dehradun 01.2014 - 01.2018
Class 12th -
Mittal International School, Kota
Kota 01.2013 - 01.2014
Class 10th -
All Saints Convent School
New Tehri 01.2011 - 01.2012
Skills
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Accomplishments
Star Excellence Award across Power2Sme Group (02/2021 - 02/2023)
Timeline
Sr. Supplier Relation
Ofbusiness(Ofb Tech Pvt. Ltd.)
03.2023 - Current
Senior Sourcing Associate
Power2sme Pvt Ltd
08.2021 - 03.2023
Sourcing Associate
Power2sme Pvt Ltd
06.2019 - 07.2021
B. Tech - Automotive Design Engineering
UPES, Dehradun
01.2014 - 01.2018
Class 12th -
Mittal International School, Kota
01.2013 - 01.2014
Class 10th -
All Saints Convent School
01.2011 - 01.2012
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