Hi, I’m
AKHIL RAJ
PROCUREMENT ENGINEER
Bengaluru,KA
Summary
Dynamic Procurement Engineer with a proven track record at Bharat Electronics Ltd, excelling in strategic sourcing and vendor evaluation. Achieved significant cost reductions through effective negotiation and relationship building, while enhancing procurement efficiency. Skilled in data analysis and committed to continuous improvement, driving successful project outcomes and fostering collaboration across teams.
Overview
4
years of professional experience
2
Certifications
3
Languages
4
years of post-secondary education
Work History
Bharat Electronics Ltd, B.E.L
Procurement Engineer
03.2022 - Current
Job overview
- Spearheaded end-to-end supplier lifecycle management, including identification, rigorous evaluation, and onboarding to expand the vendor base and ensure 100% supply continuity.
- Utilized Vendor Management Systems and data analytics to track performance metrics, reducing supply chain risks and ensuring high-quality material sourcing.
- Conducted deep-market research and intelligence gathering on industry trends and competitor strategies to identify alternate suppliers and local sourcing opportunities.
- Managed full-cycle procurement for IT hardware, software, electronics, and mechanical components, ensuring strict adherence to project timelines and budgets.
- Orchestrated the RFI/RFQ/RFP process, performing L1 analysis and competitive tendering to achieve optimal cost-efficiency.
- Streamlined the PR-to-PO conversion process, maintaining meticulous documentation and monitoring fulfillment against aggressive production schedules.
- Negotiated better payment terms with suppliers, improving cash flow management for company.
- Achieved cost savings by identifying opportunities for consolidation and bulk purchasing and the development of alternate supplier networks.
- Collaborated with internal stakeholders to understand their needs, ensuring accurate product specifications were met in all purchases.
- Collaborated with Engineering teams to identify design changes and material substitutions that reduced costs without compromising product performance.
- Enhanced financial governance by streamlining material usage approvals, payment verification processes, and negotiating improved payment terms.
- Minimized inventory carrying costs by analyzing real-time stock levels to maximize the utilization of on-hand materials and prevent over-purchasing.
- Managed complex, multi-stakeholder procurement projects simultaneously while maintaining high standards for quality and delivery precision.
- Reduced lead times by collaborating closely with suppliers, ensuring timely delivery of critical components.
- Coordinated with logistics teams to resolve any shipping delays or discrepancies while minimizing impact on operations.
- Provided training and guidance to junior team members on best practices in purchasing, fostering a culture of continuous improvement within the procurement department.
- Coordinated with quality control teams to address and rectify any product issues, maintaining high standards of quality.
Education
SREE BUDDHA COLLEGE OF ENGINEERINGAlappuzha, India
Bachelor of Technology from Mechanical Engineering
07.2017 - 06.2021
University Overview
- Graduated with Honors
- CGPA: 8.42/10
Skills
Negotiation
Strategic sourcing
Vendor evaluation
Cost analysis
ERP systems proficiency
Analyzing data
Evaluating suppliers
Procurement planning
Maintaining timelines
Problem-solving abilities
Written communication
Proposal writing
Track shipments
Freight coordination
SAP S/4 HANA
MS OFFICE
Certification
SAP MM TRAILING, UDEMY
Timeline
BASICS OF INVENTORY MANAGEMENT, TCS ION
10-2024
SAP MM TRAILING, UDEMY
08-2024
Procurement Engineer
Bharat Electronics Ltd, B.E.L
03.2022 - Current
SREE BUDDHA COLLEGE OF ENGINEERING
Bachelor of Technology from Mechanical Engineering
07.2017 - 06.2021