ASHU KUMAR
Gurgaon,HR
Summary
Seeking assignments in Strategic Sourcing (Procurement and Vendor Development) with a reputable organization in the Automobile/FMCG industry. Over 7 years of experience in strategic sourcing, cost management, and supplier pre-qualification. Skilled in negotiation, relationship management, and commercial acumen, with expertise in Zero-Based Costing (ZBC) and Machine Hour Rate (MHR) calculation. Proven ability to optimize processes, reduce costs, and enhance supplier interactions. Strong strategic planning, communication, and presentation skills with a focus on continuous improvement and business excellence.
Overview
2
2
years of professional experience
1
1
Certification
Work History
Senior Executive (Strategic sourcing (Purchase and Vendor Development))
MISUMI India Pvt. Ltd.
11.2022 - Current
- Looking after Procurement and Vendor development of Sheet Metal Components and Aluminum extrusion components.
- Identify new potential suppliers for organization needs/Customer needs.
- Spearheaded the localization of Aluminum Extrusion components by developing 2 high-performing vendors in India, capturing 60% of MISUMI India’s total sales.
- Achieved annual cost savings of ₹10,00,000 through innovative sourcing strategies for Sheet Metal Components.
- Drove significant yield improvements by implementing impactful VAVE ideas, enhancing efficiency and performance of existing parts.
- Responsible for cost estimation, cost reduction and value analysis by scanning price variation & availability of components at the supplier's end.
- Determine if inventory quantities are sufficient for needs, ordering more materials when necessary
- Preparing, Revise and release Purchase order for supplier according to their capability and organizational needs
- Follow-up and support supplier day to day for procurement of parts and delivery demands
- Prepare, revise, release Tentative Supplier delivery plan and ensure timely and quantities delivery as per organizational production plan
- Discussion & review meetings with Vendor Top management
- Handling Spec Meeting with customer for new part development and process change or ECN
- Planning and carrying out supplier’s process audit, Supplier’s Finished Good Approval & Control, PPAP Management
- Identifying scope of horizontal deployments of improvements
- Weak supplier improvement through PDCA & conducting process/system audits
- Parts Problem Reporting & Resolution, Problem Tracking, Proactive & Reactive Containment, Major Disruption Management.
Assistant Manager (Strategic sourcing and Vendor Development)
JUMPS Auto Industries LTD.
- Looking after procurement of stamping and machining parts
- Looking after whole process of New Part Development
- Strategic Negotiations & Alternate Sourcing
- Direct Purchases and Inventory Management
- Using data analysis tool to find out potential savings
- Determine if inventory quantities are sufficient for needs, ordering more materials when necessary
- Looking after day to day supplies to cater material demand of production team
- Preparing costing sheet and giving target price to vendor for effective negotiation
- Liaison with finance department for timely payment of bills
- Tracking critical parts & ensure no/zero line stoppage.
Senior Executive (Purchase and Strategic Sourcing)
SKH Metals Ltd., Manesar
- Prepared and complied costing sheet of sheet metals and machining parts which has to be shared with vendors for procurement
- Manufacturing and overall Part Costing calculation and negotiation with supplier to meet organizational cost target.
- Preparing, Revise and release Purchase order for supplier according to their capability and organizational needs.
- Gave nearly 50 lakhs rupee saving in financial year 2020-2022 by process improvement and utilization of scrap of YRA Frame to produce small parts.
- Gave saving of nearly 20 lakhs in financial year 2020-2022 by Alternate sourcing for at lower price
- Follow-up and support supplier day to day for procurement of parts and delivery demands
- Prepare, revise, release Tentative Supplier delivery plan and ensure timely and quantities delivery as per organizational production plan
- Sharing of Supplier Performance Letter to suppliers and demand corrective action wherever gap observed
- Raw Material & Job work RM planning as well as RM Reconciliation
- Developed new vendors for existing parts as well as for new parts
- Looked after functions of sheet metal primary and secondary processing
- Reviewed data collected for ensuring refinement in the process and Potential savings
- Did in-depth analysis whenever required to find out potential savings areas in procurement process
- Monitored supplier logistics to meet daily production requirements
- Involved in generating, analyzing, and implementing VA/VE ideas and coordinating with engineering, marketing and other departments using various cost down tools
- Maintaining and controlling all activities related to job-work movement of materials and tools
Education
B.Tech - Mechanical Engineering
DIT University
Dehradun, UT01.2017
12TH -
SGRR Public School (CBSE)
Dehradun01.2012
10th -
SGRR Public School (CBSE)
Dehradun, UT01.2010
Skills
- New Vendor & Part Development: Expert in sourcing and integrating new vendors and parts
- ZBC & MHR Calculation: Skilled in Zero-Based Costing (ZBC) and Machine Hour Rate (MHR) calculations
- Negotiation Skills: Proven ability to negotiate cost-effective supplier agreements
- Purchase Operations & Planning: Knowledgeable in procurement, strategic planning, and scheduling
- VA/VE Activities: Achieved significant cost reductions through VA/VE activities with suppliers
- Cost Reduction & Analysis: Experienced in cost reduction, teardown analysis, and benchmarking
- Localization & Yield Improvement: Proficient in VA-VE, import part localization, and yield enhancement
- Process Development: Skilled in developing PFD, PFMEA, CP, and quality standards
- Core Tools: Familiar with APQP, MSA, SPC, PPAP, and FMEA
- Industry Practices: Knowledgeable in Kaizen, Poka-Yoke, 5S, and problem-solving techniques
- Procurement & Inventory Management: Effective in managing procurement, production requirements, and stock levels
- Operational Performance: Experienced in setting inventory goals and achieving operational targets
- Technical Proficiency: Proficient in Windows 98/2000/XP and MS Office applications
Languages
English and Hindi
Personal Information
- Location Preference: Pan India
- Date of Birth: 01/10/95
Certification
5 Core tools- APQP,PPAP, MSA, SPC and FMEA
6 Sigma green Belt ceritified
Additional Information
I look forward for your consideration and can assure that my work itself would speak of my capabilities and you would not have any regret for obliging me by whatever appointment deemed fit.
Timeline
Senior Executive (Strategic sourcing (Purchase and Vendor Development))
MISUMI India Pvt. Ltd.
11.2022 - Current
Assistant Manager (Strategic sourcing and Vendor Development)
JUMPS Auto Industries LTD.
Senior Executive (Purchase and Strategic Sourcing)
SKH Metals Ltd., Manesar
B.Tech - Mechanical Engineering
DIT University
12TH -
SGRR Public School (CBSE)
10th -
SGRR Public School (CBSE)
Similar Profiles
Akshit KathpaliaAkshit Kathpalia
Assistant Manager at Misumi India Pvt. Ltd.Assistant Manager at Misumi India Pvt. Ltd.
Sakthivel VenugopalSakthivel Venugopal
Sr MANAGER - Key Account Pan India at M/s, TESA TAPES INDIA PVT LTDSr MANAGER - Key Account Pan India at M/s, TESA TAPES INDIA PVT LTD
Poonam MakhariaPoonam Makharia
Regional Marketing Manager-West and South Region at Sany Heavy Industries India Pvt LtdRegional Marketing Manager-West and South Region at Sany Heavy Industries India Pvt Ltd