Summary
Overview
Work History
Education
Skills
Timeline
Generic
Ananth D K

Ananth D K

Sourcing Manager
Bangalore

Summary

Strategic Sourcing Specialist with solid 8-year background in driving and coordinating sourcing efforts for material and service procurement. Focuses on cost savings and supplier development to support pre-procurement strategy and supply agreement negotiation. Collaborates with internal business units and supply chain stakeholders to achieve business goals.

Proactive Purchasing Manager helping businesses meet fulfillment obligations through reliable vendor partnerships and streamlined ordering processes. Performs detailed research in supplier selection, sourcing and value assessment to form best overall strategy for long-term gain. Manages purchasing budget to determine feasibility of contracts and exceed savings goals.

Overview

9
9
years of professional experience
2
2
years of post-secondary education

Work History

Sourcing Manager

62Ideas Infolabs Pvt Ltd
Bangalore
2020.02 - Current
  • Handling More than 8 categories including FMCG and Staples.
  • Managed and developed relationships with suppliers to attain maximum cost efficiency and leverage buying power.
  • Supported recovery activities to prevent supply disruptions caused by business closures and accounting delays.
  • Streamlined portfolio, negotiated payment terms and promoted spending transparency to support cross-disciplinary goals.
  • Developed and implemented strategic purchasing procedures and control systems to reduce direct costs and carrying costs.
  • Other Main Activities where i directly involved and monitored regularly.

Ø Inventory Planning

Ø Quality Assurance

Ø Sales Analysis

Ø Category level pricing and updating discounts

Ø FML planning

Ø Performance review

Office Associate

ITC Limited- Food Division
Bangalore
2018.11 - 2019.11
  • Looking after Inventory of about 10 factories across the India in materials like Defatted Toasted Soya Flour, Oats Flour, Gram Flour (3 varieties) , Corn Flour , Psyllium Husk , Chana Dal, Moong Dal , Masoor Dal , Raw green Peas , Peanuts , Corn & Gram Grits , Customized Materials like Pulses flour , Makhana , Popped Millets & Organic Raw material (Pulses and millets).
  • Making Monthly Reports
  • Planning Connectivity as per scheduled plan
  • Co-ordinate with planning team for weekly requirement
  • Co-ordinate with the R & D for new product development
  • Payments follow up
  • Exploring the new customized material vendors all over India : Roasted flours , Popped millets , Blanched peanuts and Instant products etc.

Sourcing Manager

Sri Bhagyalakshmi Commercial Corporation
Bangalore
2016.02 - 2018.10
  • Purchase of different kinds in rice across India for more than 50 range of brands including export , Purchase value 30cr to 40cr monthly
  • Monthly planning of purchases .
  • Explore and Onboard vendors across India.
  • Gaining knowledge from market about prices of best brands
  • Samples testing and quality analyzing: Cooking Rice to know quality of cooked rice to ensure the brand value in the market.
  • Knowledge in varieties of rice mainly Sona Masuri, Basmathi, Kollam, Jeera Rice, Idly rice , Brokens & IR8 and IR 64 raw and Boiled rice Etc.
  • Budget tracking and cost saving initiative: Taking Daily market updates and ensuring material we buy within the budget and taking updates on future up and down in market for material and planning for contracts.
  • Creating purchase order
  • Payment follow up
  • Accounts (record for audit) : Providing information for Finance department on Brokerage , Purchase orders , Stock reports , Payments & Hold stocks.
  • In addition to this having knowledge about dry fruits specially Raisins & Cashews.

Probationary Officer

Vikas Souharda Co-Op Bank Ltd
Hospet
2014.12 - 2016.01
  • Cashier
  • Clearing
  • Marketing
  • Internal auditing
  • Loan section
  • Customer relationship officer

Education

Master of Commerce - Finance

VN College
Hospet
2012.07 - 2014.09

Skills

Strategic Business Relationships

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Timeline

Sourcing Manager

62Ideas Infolabs Pvt Ltd
2020.02 - Current

Office Associate

ITC Limited- Food Division
2018.11 - 2019.11

Sourcing Manager

Sri Bhagyalakshmi Commercial Corporation
2016.02 - 2018.10

Probationary Officer

Vikas Souharda Co-Op Bank Ltd
2014.12 - 2016.01

Master of Commerce - Finance

VN College
2012.07 - 2014.09
Ananth D KSourcing Manager