Summary
Overview
Work History
Education
Skills
TOOLS & TECHNOLOGIES
Accomplishments
Timeline
Generic

Amit Bhuse

Pune

Summary

  • Highly skilled and results-oriented Procurement professional with a proven track record of implementing strategic procurement initiatives that drive cost savings and supplier performance improvements. Successfully negotiated favorable terms with key suppliers, achieving significant cost savings and mitigating risks. Adept at streamlining procurement processes, implementing technology solutions, and leading cross-functional teams to deliver exceptional results.
  • Eight years of experience in Global Procurement and Supply Chain from the Electrical and Electronics
    Manufacturing sector. Supported customer which is a leading measurement and instrument company.
  • Expert in P2P cycle and handled several drastic customer demand upsides and downsides with a cost-
    effective supply chain.
  • Hands-on knowledge of New Part Introduction, making sure NPI development is successful to bring more
    business in the future, by offering complete end-to-end solutions to customers. Knowledge of Aggregate
    Planning and Supply Chain Drivers like logistical drivers and cross-functional drivers

Overview

4
4
years of professional experience

Work History

Procurement Subject Matter Expert

Flex
Pune
05.2022 - Current
  • Supporting plant in suzhou- china for the procurement of raw material for end customer Keithley by handling 2k PO count from major MFGs like TI, Vishay, ON SEMI, Microchip worth 10M inventory cost.
  • Lead different calls such as shortage, excess inventory, KPI, daily huddle, new process implementation, etc. for the team and the site.
  • Successfully handled customer demand upside and downside during situations like Pandemic, Tsunami, Cyclones and maintained VOC> 4.5 consistently.
  • Present project data to end customer and internal management in review calls.
  • Lead different important KPIs for the team and entire site ensuring their target is met.
  • Managing a team of SEVEN people supporting them in resolving day to day challenges and managing their escalations with correct and preventive actions.
  • Provide support and guidance to cross-functional teams in the development of new products.
  • Understand challenges faced by end customer, internal team, internal management, cross function team and provide solution and improvement on same.
  • Weekly MRP execution, resolution for supply chain challenges by coordinating with SCM, retention of best payment terms, PI count, strategic sourcing along with IRP to mitigate shortage and excess inventory, ensure vendors follow transport routing guide and backlog verification to avoid PO discrepancy.
  • Adhere all compliance and policies and ensure same being followed by team and suppliers.
  • Develop and maintain relations with cross functional departments and external vendors to ensure quick and smooth execution of process.
  • 100% a systematic solution to inventory transaction error that occurred due to material lost, damaged, receiving error with cost claim from responsible owner.
  • Conduct quarterly refresher trainings for buyers and plan new buyers training to ensure balance work load.

Procurement Specialist

Flex
Pune
02.2020 - 05.2022
  • Supported for plant in suzhou- china by handling 2kPOs with 2.5M worth of material from 50+ global suppliers.
  • Coordinated with internal stakeholders to ensure timely delivery of items to meet project deadlines.
  • Implemented strategic sourcing initiatives that resulted in cost savings across multiple categories of spend.
  • Weekly MRP execution: PR to PO conversion, New PO confirmation within 48 hr, New PO challenges resolution like price and MOQ due to fluctuating market conditions by updating supplier master data to avoid a
    recurring issue with new POs, rescheduling in, rescheduling out, and cancellation as per MRP.
  • Resolution of Supply chain challenges including the Receiving (GRN, Early receiving, Label issue, NR RTV),
    Quality (Old DC, Shelf life expired, RTV and Scrap), and Finance challenges (Receipt issue, Qty or price
    mismatch on invoice, Credit Note) to make sure to run the production line without any delay.
  • Act as a privileged point connecting other cross-functional departments like Planning, Logistics, Sourcing,
    Stores, Engineering, MDM, and Accounts internally to follow purchase-related issues.
  • Shipment loss claim settlement. Ensure suppliers follow the routine guide strictly and in case the supplier
    doesn’t follow then settle for the wrong cost associated with logistics by cost claim with correct approvals.
  • Coordinate inventory management activities: cycle counting, ABC analysis, Physical Inventory count, excess,
    obsolescence review, and OPOR (Open Purchase Order Report) validation to avoid PO discrepancy.
  • Strategic Sourcing: Quick and cost-effective procure material from the open market for demand upside to
    secure customer revenue with quality reports to avoid counterfeit materials and coordinate with internal
    plants to swap inventory for immediate shortages.
  • Negotiating contracts with vendors for the purchase of required materials and services.
  • Monitored stock levels and identified purchasing needs.

Education

Bachelor of Engineering - Electrical, Electronics And Communications Engineering

Marathwada Mitra Mandal’s College of Engg, Pune
Pune
05-2015

Skills

  • P2P: Global Procure to Pay Operation
  • MRP: Material Resource Planning
  • Orders, Shortage, and Excess Management
  • SRM: Supplier Relationship Management
  • Vendor, Material, and Inventory Management
  • Weekly calls with clients, vendors and internal management to ensure excellent coordination
  • JIT and CRP: Just-in-time implementation
  • SPOC: Key reports and KPIs for management and customer review
  • Team Management: Leading seven people team, support and manage escalation
  • New joiner training: develop new buyer training plan and its execution, smooth live work transition, quarterly refresher training
  • Good at building rapport with clients and supplier
  • NPI: New Product Introduction
  • Import and Export Process: Custom Clearance
  • Resolution for supply chain challenges: MRB,
    Receiving, and Account Payable
  • Lost Shipment: Investigation and Claims
  • Crisis Management: Pandemic and Cyclones
  • Strategic Sourcing: RFQ, AML, AVL, PSL and Non-
    PSL, IRP(Inventory Redistribution Program)
  • PI count & OPOR validation

TOOLS & TECHNOLOGIES

  • MS Office (Excel, Word, PowerPoint, Outlook)
  • BAAN ERP, LN ERP, Tableau, Titan, FCCP, POAT and PFA,

Accomplishments

  • Received two times star employee award for best performance. Platinum award for leading excess inventory mitigation activity and achieving over 1.8M worth inventory cancellation.
  • Appreciation from the Material Manager for Maintaining KPIs (MRP, Zero Past Dues, On-time delivery, Quick
    Resolution of supply chain challenges, Success Shortage, and Inventory Control).
  • Received appreciation from end customers for Successfully handling customer demand upside and downside during crises and maintained VOC > 4.5 consistently.

Timeline

Procurement Subject Matter Expert

Flex
05.2022 - Current

Procurement Specialist

Flex
02.2020 - 05.2022

Bachelor of Engineering - Electrical, Electronics And Communications Engineering

Marathwada Mitra Mandal’s College of Engg, Pune

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Amit Bhuse