Summary
Overview
Work History
Education
Skills
LANGUAGE SKILLS
Timeline
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AKSHAY BAPAT

AKSHAY BAPAT

Summary

Results-driven professional with a PGDBM in International Business and a BE in Production, with over 16 years of expertise in Supply Chain, Purchase, and Vendor Development. Specializes in material requirement planning, schedule management, and supplier relationship management. Skilled in guiding production planning based on material availability and capacity planning to meet customer commitments & improving inventory accuracy. Experienced in supplier selection for new parts development across various categories, leading commercial negotiations, and proposing strategic business award decisions. Proven track record in supplier readiness management, settling price revision requests, and developing sourcing strategies to optimize the supply base. Strong communicator adept at building relationships with suppliers and service providers to ensure seamless operations and meet internal customer commitments.

Overview

17
17
years of professional experience

Work History

Material Requirement Planning Manager

Perkins India Pvt Ltd (Caterpillar Inc.)
04.2020 - Current
  • Accountable for ensuring on time schedule releases, supplier deliveries, and availability of parts for engine product business at Aurangabad, IN & Stafford, UK facilities.
  • Working proactively on addressing velocity issues from suppliers and taking necessary steps to align dispatches syncing with production plan at both facilities to ensure Right Part at Right Time availability.
  • Supporting & mentoring team of material planners & supervisors through robust process delivering no point of use miss for assembly line while creating a strong workplace culture.
  • Facilitated strong relationships with operations, transportation & stores teams, addressing concerns promptly and effectively managing expectations.
  • Managing direct material spend of $120 M for @2000 unique parts supplied by 135 suppliers.


Accomplishments:

  • Successfully managed highest production for consecutive 4 months to manage high order intake against forecast, improving business OPACC in 2024.
  • Successfully managed inventory reduction of $9 M in 2023, during low order forecast.
  • Recipient of General Manager Recognition Award 2022 for improving velocity from key critical suppliers
  • Ensured supplier delivery performance & customer order promise dates above 95% consistently.

Category Buyer Casting Components

Perkins India Pvt Ltd, (Caterpillar Inc.)
11.2017 - 03.2020
  • Handling Ferrous Casting parts such as Blocks, Heads, Flywheel Assembly, Flywheel Housings, Manifolds, Bearing Caps & Non-Ferrous parts like Rocker Covers, Oil/Water pipes worth annual spend value of 17 million USD.
  • Responsible for Floating RFQ's, settling commercials, supplier selection, development of parts for suppliers supplying across Caterpillar global facilities.
  • Devising and executing localization and resourcing activities for casting category parts
  • Coordinating with the vendors for development of the parts and submission of the initial samples and completing PPAP's with support of Supplier development engineers
  • Formulating contractual terms with suppliers for long term agreements and association with capacity allocations
  • Analyzing the impact due to raw material price changes, foreign currency fluctuations and settling price revisions


Accomplishments:

  • Successfully completed on time development of Cylinder Head, Block & 8 other parts for Electronic Engine

Projects Buyer

Tetra Pak India Pvt Ltd
04.2017 - 10.2017
  • Handling Project bought out components buying. Project buying worth 20 million USD for Dairy product processing.

Category Buyer Engine Components

Caterpillar India Pvt Ltd, (Caterpillar Inc.)
01.2015 - 03.2017
  • Handling Engine components such as Camshafts, Valve train components, Pistons, Oil Pumps, Fuel Systems worth annual spend value of 10 million USD.


Accomplishments:

  • Developed 14 Camshafts & Rocker mechanisms as per the project timeline giving benefit 1.2 million USD.

Assistant Manager – Development Purchase

MAN Trucks India Pvt Ltd
06.2012 - 12.2015
  • Handling commodities such as Machined parts, Metallic Pipes (Charge Air Pipe, High Pressure & Low-Pressure Pipes etc.), Engine parts (Piston, Camshafts, Valve Train components, Gearboxes, Clutches etc.) and Tyres.
  • Worked for sourcing of trim parts for brief period Seats, Sun visors, Gear shift knob, door handles.


Accomplishments:

  • Developed 38 unique Euro IV Engine parts as per the project timeline.

Assistant Manager – Regional Purchase

SKF India Ltd
07.2008 - 06.2012
  • Setting up & managing the price contract settlement and costing of the Semi-Finished Components, finished components and services purchased.
  • Executed commodity buying value to the tune of 20 million USD for 3 locations in India.


Accomplishments:

  • Identification and driving cost saving projects to the tune of 0.6 million USD.

Education

PGDBM - International Business

Welingkar Institute
Mumbai, India

Bachelor of Engineering - Production

VIT, Pune University
Pune, India

Skills

  • Supplier relationship management
  • Strategic issue resolution
  • Cross-functional collaboration
  • Effective team leadership
  • Negotiation and conflict resolution
  • Demand forecasting

LANGUAGE SKILLS

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

Timeline

Material Requirement Planning Manager

Perkins India Pvt Ltd (Caterpillar Inc.)
04.2020 - Current

Category Buyer Casting Components

Perkins India Pvt Ltd, (Caterpillar Inc.)
11.2017 - 03.2020

Projects Buyer

Tetra Pak India Pvt Ltd
04.2017 - 10.2017

Category Buyer Engine Components

Caterpillar India Pvt Ltd, (Caterpillar Inc.)
01.2015 - 03.2017

Assistant Manager – Development Purchase

MAN Trucks India Pvt Ltd
06.2012 - 12.2015

Assistant Manager – Regional Purchase

SKF India Ltd
07.2008 - 06.2012

PGDBM - International Business

Welingkar Institute

Bachelor of Engineering - Production

VIT, Pune University
AKSHAY BAPAT