ASHIS SETHI
Senior Buyer
Bengaluru ,Karnataka
Summary
An accomplished and result orientated buyer with rich experience in developing and managing supply chain management strategies. Committed to continuous improvement & automation and recognized for consistently exceeding expectations and job requirements. Key Competencies Motivated & result driven professional with over 10+ years of experience in Supply Chain, Purchase, Planning, and Inventory Management with Six Sigma green Belt Certificate.
Overview
13
13
years of professional experience
5
5
years of post-secondary education
3
3
Certifications
Work History
Senior Buyer (Team Lead)
Applied Materials
Bengaluru
08.2021 - Current
- Responsible for identifying source potential vendors/suppliers for electrical and electronics parts to support Singapore and USA site (Spend 16 million)
- Handling Strategic global procurement, Responsible for RFQ, creating purchase orders, track orders with vendors, expedite deliveries, follow up with receiving and accounting
- Accountable to follow up with more than 20 vendors for procuring over 600 different components
- Strengthening and building relationships with the vendors for preparing schedules and assuring that manufacturing, inspection and dispatches from vendor’s works are done as per committed contracts, standard terms and conditions
- Negotiate best possible delivery date from suppliers for short to lead time orders
- Increasing working capital through payment terms extensions, Payment cycle optimization, VMI and Lead-time reductions
- Address vendor relationship blocks like forecast, lead-time, payments, Supplier governance
- Following-up on shipments, in case of any customs hold, prioritizing the clearance by checking with Logistics Team for paperwork or other shipment discrepancies
- Assisting in planning and ensuring optimum utilization of raw materials and maximum cost savings
- Monthly analysis on PPV, to ensure orders are placed without PPV and contact SCM for necessary approvals if PPV occurs
- Work with Cross functions of supply chain about Phase In & Phase out’s as per Engineering changes and closely Involved in deploying Plan for Each Part (PFEP) initiative for the key suppliers
- Cross functional activities between internal customers (AP, Receiving, Planning, Quality, Commodity managers, warehouse)
- Responsible for RTV/MRB process, invoice processing and invoice resolutions
- Coordinate with suppliers and stakeholders on weekly/daily basis, Analysis on supplier performance based upon their OTTR/OTD.
- Demonstrated strong organizational and time management skills while managing multiple projects.
- Applied effective time management techniques to meet tight deadlines.
Buyer
LKQ India Pvt. Ltd, Automobiles
Bengaluru
11.2020 - 05.2021
- Responsible for buying new automobile parts for NDC located in London
- Handling total number of supplier (22), total spend is 7.2 million
- Responsible for achieving product to be deliver on time
- Responsible for clearing query from NDC team on short and extra orders
- Helping supplier on booking slot in port as well as in the NDC
- Responsible for back order and critical shortages of material
- Responsible for Supplier claim adjustment, RTV, Payment issues
- Communicated with vendors regarding inventory needs and negotiated prices to maintain profit margins.
- Developed cost-effective purchasing strategies to maintain inventory levels and improve operational procedures.
Senior Buyer
Honeywell Technology Solution Labs Pvt. Ltd, Industry -Aerospace
Bengaluru
06.2017 - 11.2020
- Responsible for identifying source potential vendors/suppliers for mechanical and electrical aircraft parts (Spend 5.3 million)
- Follow process of identifying requirement – Markets and supplier insides- RFX/Evaluation and selection-Setup PO/Contract (Including sign off)-Handover to business for contact management
- Responsible for business for technical evaluation of supplier response and work with legal for any changes from supplier on contact templates
- Responsible to source new supplier for NPI to drive technical changes in the part
- Reporting and conduct weekly meetings with leadership to prioritize business and process requirements
- Work with the engineering team to source/supply design change requirements
- Develop and find continuous improvement opportunities
- Responsible for reporting, KPI review monthly meetings with the leadership on the status of DLTP’s
- Plan, schedule, and place purchase orders to ensure delivery of quality hardware in time to support customer requirements
- Populate the orders based on demand provided by customers (Boeing, Gulfstream)
- Investigate and understand supplier’s capacity and capabilities before sending the RFQ’s
- Ensure suppliers have all required inputs to accurately and fully respond to RFQ
- Increasing the productivity ($) by negotiating the prices quoted by suppliers
- Conduct e-Auctions for off-contract parts before PO placement & generate savings in excess of 10% for these orders
- Negotiate best possible delivery date from suppliers for short to lead time orders
- Collaborate with commodity team to add off-contract parts to contract as applicable to increase contract penetration
- Working on LTC (Long Term Agreements) with the Commodity Manager and the supplier
- Drive resolution of PO placement delays with Planning, Engineering, etc
- Drive continuous working capital improvements through properly executing consumption-based replenishment and other various warm replenishment supplier strategies
- Tracking addressable productivity, spend for the entire team, also work on various report for the team AWPOT, AWPT, PPM, ME5A,OTD,OTTR and other required reports.
- Led procurement team by training staff and overseeing purchasing decisions.
- Negotiated policies and contracts with vendors to achieve optimal pricing and consistent availability.
- Determined lowest possible cost, factoring in quality, and reliability and negotiated favorable contracts.
Senior Analyst
Harman Connected service India. Industry- Automobile & Consumer Electronics
04.2016 - 02.2017
- Consistent/Reliable execution of Procurement Scorecard Monthly Operational Review at VP level
- Improve the Working Capital cash flow by analyzing supplier spend data
- Root Cause Analysis for any variance in metrics
- Verify data accuracy by working with Commodity Managers as necessary
- Support AOP planning / forecasting
- Continue to refine and develop reporting structure and format to create “global standard” measurements as required
- Communicate results of analysis and reporting in an effective manner through a variety of media including email, PowerPoint, Excel and Word documentation
- Discover new opportunities to optimize the business through analytics
- Review spends trends and analytics for Suppliers/Commodities/Spend analytics to determine opportunities
- Implement new tools/templates to align cross-functional support
- Perform “ad-hoc” data queries to assist team and leadership
- Continuously learn Procurement/Supply Chain Process and its financial impact.
Senior Associate
EXL service India.pvt.ltd Industry
Bengaluru
08.2012 - 02.2016
- Responsibilities of Procurement based on ERP Purchase Order
- Convert daily requisition to PO, order confirmation & follow up
- Screening of requisitions Prior to Forwarding to the supplier
- Maintaining all procurement documents, like Quotes, NDA’s, NCNR’s
- Reconciliation vendor statement with system & manual
- Analysis of vendor performance & price Variance
- Purchase related all responsibility - New Vendor Development, price negotiation with vendor, PO releasing, material delivery
- Daily interaction with vendors for payment and price Negotiations
- Material Management-Planning for material for next one month
- Ensure the quality & quantity of material purchase at site
- Negotiating with the vendors for Rate, Delivery and Payment Terms
- Expediting with vendors for the shortages & hike sales order demand
- Co-ordination with the finance teams to ensure on time payment releases to the Suppliers
Audit Supervisor
K.D LATH & CO, Kumar
Bhubaneswar
09.2010 - 10.2011
- Maintained day-to-day business transaction
- Maintained accounts receivable and accounts payable
- Went to Insurance, Banking, Manufacturing and Non-profit organization for audit
- Coordinated for VAT & TDS report preparation & payment
Education
MBA - Finance & Operation
Amity Business School
Noida 08.2008 - 09.2010
BBA - Cost Accounting
Ispat College
Rourkela 06.2005 - 04.2008
Skills
Senior Buyer/Team leader
Accomplishments
Successful completion of the Contract Blitz project with spend $ 0.7 M and achieved $ 81K savings
Achieved E-auction savings of $1.28 M for Gravel and Ceramics
Lead a project on Platinum Hedging which gave a productivity savings of $537 K for 2 years
Single POC across the globe for Aero (Ivalua) Compass Application
Supported Aero JPMC financing program
Supported on REACH and ROHS project where we handled 150 suppliers.
Analysis of working capital management of Harman and its customer, achieved 15 days increase in payment term for a spend of 6 Million
Certification
Six Sigma Green Belt
Timeline
Senior Buyer (Team Lead)
Applied Materials
08.2021 - Current
Basic of Block Chain
06-2021
Buyer
LKQ India Pvt. Ltd, Automobiles
11.2020 - 05.2021
Basics of Tableau
06-2019
Six Sigma Green Belt
10-2018
Senior Buyer
Honeywell Technology Solution Labs Pvt. Ltd, Industry -Aerospace
06.2017 - 11.2020
Senior Analyst
Harman Connected service India. Industry- Automobile & Consumer Electronics
04.2016 - 02.2017
Senior Associate
EXL service India.pvt.ltd Industry
08.2012 - 02.2016
Audit Supervisor
K.D LATH & CO, Kumar
09.2010 - 10.2011
MBA - Finance & Operation
Amity Business School
08.2008 - 09.2010
BBA - Cost Accounting
Ispat College
06.2005 - 04.2008
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