Ashish Lakhani
Noida
Summary
Drawing upon a robust background in Mechanical Engineering, I excel as a seasoned Sourcing Leader recognized for exceptional organizational and interpersonal skills, coupled with extensive techno-commercial expertise. Over 16 years, I have effectively managed Project Sourcing, Purchase/Procurement, Vendor Development, and Product Localization initiatives. Currently, in my role as the Commodity Sourcing Leader at GE Gas Power Systems, I bring over a decade of dedicated service. My achievements include optimizing procurement processes, cultivating strong vendor relationships, and enhancing operational efficiency, consistently driving growth and success. Committed to advancing procurement excellence and fostering cross-functional collaboration, I aim to maximize organizational impact.
Overview
13
13
years of professional experience
Work History
Project Procurement & Logistics Manager (Sourcing & Procurement)
GE Steam Power Systems
08.2016 - 04.2021
- Understands the commercial part of the EPC contract and issues the Project Related Purchasing Conditions (PRPC)
- Ensures a smooth hand-over of Supply Chain Management related scope between Tender Team and Project Execution Team
- Reviews and updates the purchasing strategy (i.e
- Top Ten List, Engineering & Procurement plan) and the project specific sourcing concept (Procurement Concept)
- Prepare Engineering Procurement Plan (EPP), Updates Vendor List and ensures timely Client's approval
- Verifies PCDB (Project Cost Data Base), DOW (Division of Work) and ensures consistency between sourcing concept and project documents (i.e
- PCDB, DOW, MTS)
- Comments Master Time Schedule (MTS) in regards to correct delivery and transportation times initially derived out of the Tender Time Schedule (TTS) and signs it off when deemed acceptable for the process of procurement & logistics appreciating the project strategy
Assistant Manager
Alstom Bharat Forge Power Pvt. Ltd. (now GE Steam Power Systems)
03.2011 - 08.2016
- Identifying and short-listing of vendors, floating enquiries and obtaining offers
- Handling Techno commercial discussions and Price Negotiation with suppliers
- Costing of new tenders and participation in Management Reviews
- Product Localization & Client Approval
- Supplier Qualification and Supplier Evaluation
- Preparation of Commercial Evaluation Report on Cost to Company Basis
- Preparing Purchase order recommendation for management approval
- Preparation of contract and issuance of Purchase Order in SAP
- Expediting and Monitoring the Vendor performance to ensure contractual compliance
- Final reconciliation and Closing of Contract
Assistant Manager
Reliance Infrastructure Limited
07.2008 - 03.2011
- Identifying and short-listing of vendors, floating enquiries and obtaining offers, participating in techno commercial discussions, Negotiation and Preparation of contract
- Price Negotiations after cost analysis and benchmarking
- Preparation of MIS and Presentation for management
- Vendor Database Management - Establishing and maintaining package wise list of approved / new vendors with their detailed financial information and credentials
Commodity Sourcing Leader (Sourcing & Procurement)
GE Gas Power Systems
05.2021
- Preparation of Long term, Medium and Sourcing strategies for the Piping commodity
- Identifying and short-listing of vendors, floating enquiries and obtaining offers
- Handling Techno commercial discussions and Price Negotiation with suppliers
- Supplier Qualification and Supplier Evaluation
- Preparation of Commercial Evaluation Report on Cost to Company Basis
- Expediting and Monitoring the Vendor performance to ensure contractual compliance
- Monitoring Supplier performance on SQDC and aligning strategies with their capabilities
Education
Post Graduate Diploma in Management - Supply Chain Management
Prin. L. N. Welingkar Institute of Management Development & Research
Mumbai, India06-2023
Bachelor of Engineering - Mechanical Engineering
Thapar University
Patiala, India06-2008
Skills
- Project Sourcing
- Strategic Sourcing
- Supplier Relationship Management
- Financial Acumen
- Trend Analysis
- Strategic Planning
- Commercial Negotiations
- Costing for Tenders
- Product Localization
- Purchase order recommendation
- Continuous Process Improvement
- Management Review
- Vendor Development
- Procurement and Purchase
- Cross-functional Collaboration
- Data Analytics
- Goal-Oriented
- Process Improvement
Languages
Hindi
First Language
English
Advanced (C1)
C1
Accomplishments
- Commended with "Bravo Award" for establishing a supply agreement with a fixed price list for piping commodities.
- Honored with the "Bravo Award" for achieving a cost avoidance of $1.6M through dedicated efforts.
- Awarded the "Spotlight Award" for surpassing yearly targets in cost and cash management.
- Earned another "Spotlight Award" for exceptional leadership in claim settlements.
- Received the "4 HeartBeats Award" for addressing cost challenges totaling $17M.
References
References available upon request.
Timeline
Commodity Sourcing Leader (Sourcing & Procurement)
GE Gas Power Systems
05.2021
Project Procurement & Logistics Manager (Sourcing & Procurement)
GE Steam Power Systems
08.2016 - 04.2021
Assistant Manager
Alstom Bharat Forge Power Pvt. Ltd. (now GE Steam Power Systems)
03.2011 - 08.2016
Assistant Manager
Reliance Infrastructure Limited
07.2008 - 03.2011
Post Graduate Diploma in Management - Supply Chain Management
Prin. L. N. Welingkar Institute of Management Development & Research
Bachelor of Engineering - Mechanical Engineering
Thapar University
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