Summary
Overview
Work History
Education
Skills
Expertise Summary
Personal Info
Disclaimer
Timeline
Generic

Akshay Raut

Pune

Summary

  • A competent professional with nearly 9 years of experience in Procurement Function, International-Procurement, Supply Chain Management, Global Sourcing and Vendor Development & Logistic Operation.
  • Currently working with ISMT Limited (A Kirloskar Ferrous Division), Pune As Leading Purchasing as well as Inter Plant consulting function, since from Dec’2020.
  • Meritorious track record in handling techno-commercial of engineering and Cost Saving Projects.
  • Handled Large Volume and Variety of Items and Commodities, Approx. 2000-2200 Million per Annum.
  • Strong Exposure in Direct Procurement, Global Procurement, Strategic Sourcing and Vendor Development, Project Procurement, Domestic & Export Logistic Operation, Spot Buying Exposure, Costing, Packaging etc.
  • Sourcing on All Types of Scrap, Reusable Metals, Recycle Material as an Raw material.
  • Annual Maintenance Contract Settlements, Administrative contracts like Canteen, Communication, Travel Management, Agencies Commercial Settlement
  • Monitoring Results with monthly MRM (Monthly Review Meeting) with Management.
  • Successfully Implementation of Purchase/Materials API & ISO Audits Quarterly & Yearly.
  • Proven abilities in supervising the logistics operations to achieve seamless and cost-effective transport solutions.
  • Skilled in handling inventory function to curtail inventory-holding expenses and adhering to minimum inventory level.
  • Capability and Strong hold on outsourcing bottleneck process.

Overview

10
10
years of professional experience

Work History

Purchase Engineer

ISMT Limited (A Kirloskar Ferrous Division)
Pune
12.2020 - Current

Handling procurement functions for raw material, Direct and Indirect Material,Ferrous Scrap, Ferro Alloys, Mining Materials, consumables, capital bought-out items, child part materials, specialty steel, Machining Items

Also Subject matter expert of Global Corporate Procurement to various Initiative, Change Management, Cost reduction, Contract Management. Key co-ordinator of Captive Renewable Projects (Solar & Wind) etc.

Purchase Engineer

Nahar Integrated System and Services Pvt Ltd
Pune
09.2019 - 12.2020

Procurement of all IT infrastructure like software's and hardwares, electrical & electronic parts , packaging materials.

Project oriented BOM base buying. General store stock items. Freight/Logistic management, IT Procurement & Services, Budgeting, MIS, Cost Saving Drives implementation, Training & upgrading skills for new joiners & Team members, Team Management and Team building Supplier Development & supplier Upgradation etc

Purchase Engineer

Arms India Pvt.Ltd (Thyssen Krup Elevevator)
Pune
09.2018 - 08.2019

Receiving BOM, scrutinizing same and releasing orders according to SOB.Follow Up for material after releasing Orders.Follow Up for releasing of payments as per commercial terms and conditions. Scheduling for all suppliers in every month. Solve the quality and supply related issues of the suppliers.

Maintenance Planning/Purchase Executive

Sona Alloys Private Limited.
Satara
01.2015 - 09.2018
  • Responsible for creation of Purchase Requisition &Purchase Order
  • Supervised the cost settlement process after completing full cycle of material movement.
  • Created project baselines, monitored& controlled projects with respect to cost, resource deployment, time over- runs and quality compliance to ensure their satisfactory execution

Graduate Engineer Trainee

Kalyani Techno Forge Limited
Pune
10.2013 - 10.2014
  • Completing all tasks assigned by the manager, assisting other engineers with projects, conducting research, and writing reports.

Education

Post Graduation Diploma - Material and Logistic Management

Suryadatta Institute of Management & Information Research, Pune University
Pune
07.2017

Graduation - B.E.Mechanical

Sanjeevan Engineering And Technology Institute, SHIVAJI UNIVERSITY
Kolhapur
05.2013

H.S.C -

Kilachand Junior College Nira
Pune
02.2009

S.S.C -

Mahatma Gandhi Vidyalaya, Nira
Pune
03.2007

Skills

  • Strong Analytical and Assessment Skills
  • Domestic & Global Sourcing and Procurement
  • Spend Management, Inventory Management, Fund Management
  • Development of Sourcing & Procurement Transformation Initiatives and Implementing Procedures
  • Vendor Management, Subcontract and Outsourcing
  • Part Localization, Logistic Management
  • E-Auction and E-Sourcing
  • Cost Saving through various Ideas, VAVE etc
  • Sustainable and Cost Effective Packaging Experts
  • Good Communication Skills & ability to engage at leadership level

Expertise Summary

  • Procurement and Sourcing for of all types of Direct material.
  • Functioning as a member of material department; planning the funds for materials procurement, bidding & estimation, ensuring optimum utilization of materials with maximum cost savings and meeting anticipatory orders.
  • Issuing various Contracts, AMC, Rate Contracts, Value Contracts, and Service Contracts. Well versed with procurement techniques through Reverse Auctioning & Tendering Processes.
  • Interfacing with cross-functional departments for ascertaining procurement plans of raw materials.
  • Forecasting materials using both constant and trend models, with special consideration to future consumption; includes Contract Analysis, Invoice Management, Budgeting, Spend Analysis, Deliverables & Obligations, Performance management, Vendor Management.
  • Execute the client engagement in areas of Governance, Risk & compliance, Contract/Financial/Performance management and support to related request to onsite team.
  • Ability to prepare and deliver presentation for client and management to fulfill the customer needs.

Personal Info

  • Date Of Birth: 12th Jan 1991.
  • Languages Known: Marathi, Hindi & English (Write, Read & Speak)
  • Hobbies: Social Activities, Swimming, Travelling & Enjoying Google.
  • Address: Flat No. B-107, Oxy Bonita Housing Society,Opp. Porwal Road, Lohegaon , Pune-411047.

Disclaimer

I do here by declare that the above information is true and correct to the best of my knowledge and belief.

Timeline

Purchase Engineer

ISMT Limited (A Kirloskar Ferrous Division)
12.2020 - Current

Purchase Engineer

Nahar Integrated System and Services Pvt Ltd
09.2019 - 12.2020

Purchase Engineer

Arms India Pvt.Ltd (Thyssen Krup Elevevator)
09.2018 - 08.2019

Maintenance Planning/Purchase Executive

Sona Alloys Private Limited.
01.2015 - 09.2018

Graduate Engineer Trainee

Kalyani Techno Forge Limited
10.2013 - 10.2014

Post Graduation Diploma - Material and Logistic Management

Suryadatta Institute of Management & Information Research, Pune University

Graduation - B.E.Mechanical

Sanjeevan Engineering And Technology Institute, SHIVAJI UNIVERSITY

H.S.C -

Kilachand Junior College Nira

S.S.C -

Mahatma Gandhi Vidyalaya, Nira
Akshay Raut