Summary
Overview
Work History
Education
Skills
Accomplishments
Personal Information
Languages
Salarydetails
Area Of Expertise
Timeline
Generic
Alok Wagh

Alok Wagh

Pune

Summary

Intend to build a career with a leading corporate of hi-tech environment with committed and dedicated people, which will help me to explore myself fully and realize my potential. I am willing to work as a key player in a challenging and creative environment.

Overview

19
19
years of professional experience

Work History

Assistant Manager

Yanfeng India Automotive Interior Systems Pvt. Ltd.
02.2017 - Current
  • Responsible for establishing and developing a strong and profitable relationship with a reliable base of suppliers
  • Handling Imports for all programs from China, USA, Germany, Italy for esteem customer BMW, MG, FCA, Ford
  • Conduct supplier survey including capacity study
  • Price settlement by taking inputs from SDE, Engineering and Manufacturing
  • Elemental costing for parts and negotiations there off
  • Terms and conditions agreement with supplier e.g
  • Year over year reductions, warranty, spares, tooling ownership, payment terms, inventory norms & exchange rates
  • Help in developing a commodity strategy
  • Resolve issues with supplier related to delivery of parts
  • Program management for new product launches- ensures program meets Cost and Delivery targets
  • Coordinate with ASD on development of parts
  • Work with Global commodity team on data sharing
  • Key Performance Indicators
  • Reducing Material cost without scarifying the Quality
  • Reduction in rejection
  • Timely delivery of Materials
  • New supplier Development

Senior Executive

Hitachi Home & Life Solutions India Ltd.
06.2015 - 02.2017
  • Handling Imports
  • Procurement of all commodity items like copper, Aluminum
  • Procurement of compressors, Motors
  • Procurement of electronic items like PCB’s, controllers and capacitors
  • Problem Solving
  • Identify information by categorizing, estimating, recognizing differences or similarities, and detecting changes in circumstances or events
  • Monitor and review information from materials, events, or the environment, to detect or assess problems
  • Analyze information and evaluate results to choose the best solution and solve problems
  • Apply broad knowledge of supply market when problem solving
  • May have to adapt negotiation strategies to cope with new circumstances or issues that arise
  • Decision Making
  • Select suppliers, select products, and set prices
  • Dealing with world class MNC’s
  • Recommend or make decisions that are in line with the strategy of the organization
  • Recommend or make decisions with market, economic, social, and political environments taken in to account
  • Recommend or make decisions about suggestions for change

Executive

Hitachi Home & Life Solutions India Ltd.
02.2011 - 06.2015
  • Handling all kind of packing material and Gases
  • Procurement of E.P.S material required for all type of products
  • Procurement of corrugated boxes i.e
  • Packing material required for products
  • Procurement of Rubber part and Poly bags
  • Procurement of gases like Nitrogen, Oxygen, DA
  • Procurement of Insulations
  • Procurement of Aluminum Blowers
  • Implementing the costing sheets and negotiation only on basis of detail cost break up
  • Working on Budget sheet for Annual procurement and against submitting the cost up & cost down projection to management
  • Doing reverse auction by online bidding for achieving cost down projects
  • Responsible for setting up smooth process flow right from receiving indent for materials, sourcing suppliers & assessing them in terms of quality & cost efficiency, negotiating prices & finalizing orders
  • Keeping a regular follow up with the suppliers for readiness of the materials against our purchase orders
  • Responsible for new Vendor Development
  • Maintaining records of dispatched and received materials and submitting all the Documents to Accounts Dept for further processing payments

Videocon Industries Ltd.
10.2009 - 02.2011
  • In charge for procurement, quality checking, refurnishing & procurement of raw materials
  • (Like HIPS, PP, ABS and Master Batch of different types like HIPS, PP, and ABS.)
  • Negotiating with Vendors for the Costing of Plastic Molded Items
  • Handling Inventory Ageing, Every month work on stock taking
  • Handling the Logistics for the CTV, Washing machine, AC and Cooler Division and for out-side Vendors also
  • Supply the Raw Material and finished good components to the out side plant of the Videocon Industry
  • Site Visits for Trials/Complaint Analysis

ONIDA India Ltd.
06.2005 - 04.2006
  • Worked as Shift In-charge
  • Production Planning
  • Shift Production Handling
  • Man Power Handling

Education

B.E. - Mechanical Engineering

G.H Raisoni College of Engg.
Nagpur

Diploma in Mechanical Engg. -

M.S.B.T.E Board

H.S.S.C -

Maharashtra State Board

S.S.C. -

Maharashtra State Board

Skills

  • Procurement
  • Import supplier development
  • Negotiation
  • Resource planning
  • BOM details management
  • After development support
  • Supplier negotiation
  • Sourcing vendors
  • Cost analysis
  • Payment term negotiation
  • Lead-time management
  • Terms and conditions negotiation
  • Report generation
  • Operations management
  • Inventory control
  • Relationship management
  • Logistics management
  • Cost saving strategies
  • Distribution management
  • Receipt management
  • Inspection management
  • Storage management
  • Issue management
  • Documentation management
  • Transportation contract finalization
  • Bill processing
  • Material handling
  • FIFO adoption
  • Safety measures
  • Computer Basics
  • Windows 98
  • Windows 2000
  • Windows XP
  • MS Office
  • SAP
  • Oracle
  • QAD systems
  • Internet research
  • Ms-office applications
  • CATIA Design Software

Accomplishments

  • Achieved 2nd Rank in National Level “Technovision 2020” (In Project Display) for “Rope Making Machine”.
  • Participated in a project competition which was held in Gujarat at National Level and got a participation certificate for the project “Development of Wheel Chair for Full Length Rest”.
  • Achieved a 13th rank from 183 students for the work shop held on Aptitude Development among 8 different Polytechnic colleges.

Personal Information

  • Date of Birth: 08/17/83
  • Gender: Male
  • Marital Status: Married

Languages

  • English
  • Hindi
  • Marathi

Salarydetails

16.98 lac

Area Of Expertise

  • Managing Import supplier development, negotiation to meet customer requirement.
  • Planning and maintaining the resource & BOM details for smooth functioning.
  • After development support for successful launch till SOP + 3 months.
  • Negotiate with suppliers for best cost, payment term, lead-time, terms/conditions, etc.
  • Sourcing new vendors offering better quality at best possible cost options.
  • Generating regular reports on all operations, as per Senior Management’s requirement to share the procurement matrix.
  • Ensuring smooth flow of operations., Opportunities to reduce lead times and ensure supply security.,
  • Ensuring inventory control., Develop and maintain constructive and cooperative working relationships with colleagues and management.
  • Managing Import logistic cost to save on car set prices.
  • Successfully registered for AEO tier-1 and working for Tier-2 registration which beneficial for DPD savings.
  • Managing the functions of Distribution, Receipts, Inspection, Storage, Issues & Related Documentation.
  • Finalization of Transportation Contracts, and Bill Processing etc., Cost analysis of transportation, repositioning, & business cost., Controlling effective material handling through proper stacking & adopting FIFO / Safety measures at storage locations to enable smooth and timely movement of stocks through the network.

Timeline

Assistant Manager

Yanfeng India Automotive Interior Systems Pvt. Ltd.
02.2017 - Current

Senior Executive

Hitachi Home & Life Solutions India Ltd.
06.2015 - 02.2017

Executive

Hitachi Home & Life Solutions India Ltd.
02.2011 - 06.2015

Videocon Industries Ltd.
10.2009 - 02.2011

ONIDA India Ltd.
06.2005 - 04.2006

B.E. - Mechanical Engineering

G.H Raisoni College of Engg.

Diploma in Mechanical Engg. -

M.S.B.T.E Board

H.S.S.C -

Maharashtra State Board

S.S.C. -

Maharashtra State Board
Alok Wagh