SAP / ERP / Tally
Amol Gaikar
Senior Manager
Pune,MH
Summary
Encouraged, self motivated and analytical problem solving and taking teams along in
growing environment. Proficient in using independent decision making skills and sound
judgement to positively impact company bottom line. Dedicated to applying
training,monitoring abilities to enhance engagement with sub-ordinates and boost
performance.
Collaborative, agile and bold to take innovative decisions taking professional with proactive
mindset.
Overview
15
15
years of professional experience
1
1
Certification
3
3
Languages
Work History
Cost Manager - Should Costing & VAVE Delivery
S M Auto Engineering Pvt Ltd
08.2022 - Current
- Responsible for cost management, quote submission (part and tooling costs), price negotiation, and obtaining purchase orders.
- End-to-end ownership for material cost target to improve contribution margin on platform
- BOM cost reduction ownership on chassis and silencer assembly
- Leveraging VAVE methodology effectively to generate breakthrough ideas for cost reduction
- Owning complete VAVE cycle for Idea generation, techno-commercial feasibility and check, validation, ECN release, stock control, Implementation & saving certification.
- Responsible to float reports on weekly basis to senior management on margin improvement and net cashflow incurrence
- Support to purchasing/sourcing on price settlement with should cost models
- Gap analysis for should cost & sourcing negotiations
- Active involvement in Design to cost and manufacturing to cost decisions
- Value engineering activities for new programs to achieve target costs
- Benchmark data analysis for value addition and cost competitiveness
- MIS reporting to management periodically for bottom line improvements through VAVE
- Organizing supplier workshop to reduce process cost and tooling capex
- Feature analysis wrt market study
- Created detailed project budgets, aligning them with the organization''s strategic goals and objectives.
- Evaluated vendor proposals, negotiating favorable terms to achieve cost savings without compromising quality.
- Facilitated smooth cash flow management for projects by coordinating timely invoicing and payments between clients and vendors.
- Continuously updated knowledge on industry trends and developments in cost management methodologies, incorporating best practices into daily operations.
- Monitored project progress to identify and address changes in project scope or budget.
- Evaluated subcontractor bids to obtain best value for projects.
- Prepared bids and proposals to submit to clients and secure new business.
- Developed and maintained database of cost information to use most up-to-date and relevant data in estimates.
- Stayed current with industry regulations and standards to produce cost estimates in compliance with all relevant laws.
- Delivered consulting services to advise clients on cost-saving strategies and best practices.
- VAVE Trainer to spread VAVE awareness into different department of organization and supplier end.
Business Head
Manisha Industries
08.2021 - 08.2022
- Set and monitored annual budgets for departments and entire business.
- Enhanced customer satisfaction with timely response to issues and proactive problem-solving measures.
- Built and strengthened relationships with industry partners to drive growth.
- Developed and implemented successful strategies for building company sales.
- Launched new products or services that contributed significantly to the company''s bottom line while maintaining a strong competitive edge.
- Developed high-performing team members through effective coaching, mentoring, and performance evaluations.
- Managed budgets, forecasting financial needs, and ensuring fiscal responsibility across all departments.
- Negotiated favorable contracts with vendors, reducing operational costs and fostering long-term partnerships.
- Analyzed financial data to identify trends, inform decision-making processes, and optimize resource allocation for maximum profitability.
- Conducted thorough market research to identify emerging trends in the industry that informed future business decisions.
- Streamlined costs through proactive examination and improvement of operations.
- Developed strategy to combat increased competitive presence within territory.
- Managed and organized internal communication to hold staff accountable to priorities.
- Successfully managed budgets and allocated resources to maximize productivity and profitability.
- Developed detailed plans based on broad guidance and direction.
- Managed senior-level personnel working in marketing and sales capacities.
- Identified and communicated customer needs to supply chain capacity and quality teams.
- RFQ handling & confirm manufacturing feasibility with CFT team.
- Development plan submission to customer (APQP)
- 100 % Payment recovery w.r.t. rate amendments & capex.
- Zero Base costing after SOP, & rate amendment accordingly.
- Tooling & capex payment recovery.
Cost Manager
Autocomp Corporation Panse Pvt Ltd
08.2020 - 08.2021
- Responsibilities: Executed many projects of Bajaj Auto Ltd & Jaguar land Rover, Major role in coordination with CDMM & SSU team settled new business & all project execution working.
- Trained junior team members on best practices in cost management, fostering a culture of fiscal responsibility within the organization.
- Enhanced financial performance of projects with meticulous cost analysis and forecasting.
- Reduced project costs by implementing effective cost management strategies.
- Feasibility study & RFQ making with engineering team.
- Price negotiation & getting PO / LOI. (Tooling PO & paymentrecovery).
- Internal follow up for product development as per customer requirement.
- Scheduling & monitoring of product development activities.
- Follow up & recovery of tooling payment after closing of PPAP & development activities.
- 100 % Payment recovery w.r.t. rate difference, rate amendments.
- Co-ordination with customers & internal agencies for day-to-day dispatch, Q.A related Issues.
- Overall strategy making for R & D parts procurement.
- Source finalization / to create alternate sourcing for development parts.
- Conduct commercial negotiation & conclude on techno commercial requirements in case of tooling / Gauges.
- Planning the overall capex - budget & monitoring the same as per the budget.
- To get actively involved in project feasibility studies.
Cost Manager
Sidhakala Industries
07.2013 - 07.2020
- Reduced project costs by implementing effective cost management strategies.
- Responsibilities include customer cost settlement and supplier cost settlement (part, assembly, and tooling costs).
- Streamlined procurement processes to minimize costs and improve efficiency.
- Optimized budget allocation for projects, resulting in significant savings.
- Created detailed project budgets, aligning them with the organization''s strategic goals and objectives.
- Negotiated contracts with suppliers and vendors, securing best pricing for materials, labor and equipment.
- Supplier Assessment/ evaluation with QA/ Eng. Team, NDA Sign-off with Suppliers.
- Supplier Assessment audit & source finalization.
- Monitoring all operations by regular reviews.
- Costing Technical Database Maintenance.
- Responsible for performance till company targets in terms of growth and profitability.
- Time to time updating of Raw Material Prices, Machine Hour Rates, Labor Rates, Cost Trends, Freight, Taxes, Ex-rates, etc.
- Share RFQ to appropriate supplier, collect quote, normalize & settlement.
- Process flow define & finalize with supplier.
- Cycle time reducing through VA & VE.
- Proto batch inspection & CMM report analysis.
- Schedule & conduct internal and supplier audits at planned intervals.
- Continuous improvement project POKA YOKE, Kaizen.
- Instrumental in developing initiatives for new projects together with the product development team.
Sr. Development Engineer
Hindustan Pressings Pvt. Ltd
12.2009 - 06.2013
- Managed multiple concurrent projects while maintaining strict adherence to deadlines and budget constraints.
- Communicated effectively with non-technical colleagues to facilitate cross-departmental collaboration on engineering initiatives.
- Presented findings and progress updates at internal and external conferences, showcasing the company''s commitment to continuous improvement in engineering practices.
- Development of new components as per customer’s requirements.
- Optimized software performance through meticulous code reviews and debugging sessions.
- Monitoring daily defects & performs root cause analysis.
- Preparation of SIR, PPAP documents.
- Understanding the application & quality of product needs of Customer for each product by frequent interaction.
- Gauges & tools calibration record maintain.
- Review of Customer complaints with the manufacturing department or management for product improvement.
- Application of innovative ideas for continuous improvement Projects.
- Deciding and monitoring the manufacturing process such as laser cutting, Oxy cutting, water Jet Cutting, Plasma cutting, bending, forming, rolling, thread rolling, spinning, VMC machining, Wire cutting, buffing, glass bidding, electopolishing, galvanizing, platting, anodizing, tooling development, etc. of components.
- Establish process capability by capacity analysis. Facility planning –Identify need for fixtures/Equipment’s (Especially material handling equipment, welding assembly fixtures & Press Tools and SP tools) with all technical specifications, commissioning and hand over to production with all required documentation for usage.
- ISO 9001-2008 Documentation and Conduct internal audit.
- On Job Training to Operator & New appointed staff.
- Designed and developed forward-thinking systems that meet user needs and improve productivity.
- Developed next generation integration platform for internal applications.
Education
Bachelor of Engineering - Mechanical Engineering
National Institute of Technical And Management
Nagpur, India 04.2001 -
Diploma of Engineering - Mechanical Engineering
National Institute Of Technical And Management
Nagpur, India 04.2001 -
ITI - Welder (Gas & Electric)
Akole Edu Society Industrial Training Center
Akole, Dist- Ahmednagar 04.2001 -
SSC -
Seconday School Certificate
Pune. Maharashtra 04.2001 -
Skills
Bid Evaluation
Cost Variance Analysis
Earned Value Management
Scheduling Management
VAVE methodology
Should Cost Engineering
Development process
Cost Estimation
Procurement Management
Problem-Solving
Excellent Communication
Data Collection
Customer Relationship Management
Logistics Management
Software
2D & 3D Software’s: - AUTOCAD, CATIA
Certification
Auto CAD
2D & 3D Software’s: - AUTOCAD, CATIA
*A+ Grade
Timeline
Cost Manager - Should Costing & VAVE Delivery
S M Auto Engineering Pvt Ltd
08.2022 - Current
Business Head
Manisha Industries
08.2021 - 08.2022
Cost Manager
Autocomp Corporation Panse Pvt Ltd
08.2020 - 08.2021
Cost Manager
Sidhakala Industries
07.2013 - 07.2020
Auto CAD
08-2011
Sr. Development Engineer
Hindustan Pressings Pvt. Ltd
12.2009 - 06.2013
Bachelor of Engineering - Mechanical Engineering
National Institute of Technical And Management
04.2001 -
Diploma of Engineering - Mechanical Engineering
National Institute Of Technical And Management
04.2001 -
ITI - Welder (Gas & Electric)
Akole Edu Society Industrial Training Center
04.2001 -
SSC -
Seconday School Certificate
04.2001 -