Alok Wagh
Procurement Specialist
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
20
20
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
GPA: 59%
Diploma in Mechanical Engg. -
GPA: 64%
H.S.S.C -
GPA: 49%
S.S.C. -
GPA: 60%
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.
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
G.H Raisoni College of Engg. - B.E., Mechanical Engineering
M.S.B.T.E Board - Diploma in Mechanical Engg.,
Maharashtra State Board - H.S.S.C,
Maharashtra State Board - S.S.C.,
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