Chaitanya chandavaram
Sourcing Executive
Nellore,AP
Summary
Sourcing professional skilled in supplier negotiation, strategic procurement, and cost reduction. Strong focus on team collaboration and achieving measurable results. Reliable and adaptable to changing needs, with expertise in market analysis, contract management, and vendor relationships. Known for effective communication and problem-solving abilities.
Sourcing professional with proven track record in procurement and vendor management. Known for strategic sourcing and impactful negotiations that enhance supply chain efficiency. Valued team collaborator with results-driven mindset, adaptable to dynamic business needs. Expertise in supplier evaluation and contract management, trusted for reliability and flexibility.
Overview
3
3
years of professional experience
3
3
Languages
Work History
Sourcing Specialist
Qwy Technology Pvt Ltd
02.2025 - Current
- Maintained up-to-date knowledge of industry trends and best practices in sourcing, enabling continuous improvement within the procurement function.
- Worked with departments to find new and better items to fulfill diverse needs.
- Managed a portfolio of suppliers, ensuring compliance with contractual terms and conditions, as well as quality standards.
- Developed comprehensive sourcing strategies for specific categories, resulting in more efficient procurement processes.
- Increased on-time delivery rates by closely monitoring supplier performance and addressing potential issues proactively.
- Facilitated supplier development programs to create productive partnerships that support production performance and quality objectives.
- Coordinated with legal teams to review contracts, ensuring alignment with company policies and regulatory requirements while minimizing potential risks in supplier agreements.
- Maintained documentation for all purchases.
- Developed sourcing strategies to improve procurement processes, supplier relationships and capability development to optimize supply chain.
- Searched for hard-to-find items and found high-quality, reliable vendors.
- Supported gross profit goals by negotiating and controlling costs, lead times, freight terms and purchase quantity requirements.
- Utilized root cause analysis to address internal and external non-conformance issues and apply corrective action or intervention to prevent reoccurrence.
- Researched new vendors and partners to obtain most cost-effective pricing for goods.
- Managed database of vendor details and pricing information to maintain organization.
Sourcing Executive
Vahan Technology Pvt Ltd
01.2023 - 01.2024
- Established long-term client relationships through consistent delivery of high-quality products and services.
- Enhanced customer satisfaction by streamlining communication channels and improving response times.
- Developed innovative solutions to complex problems, resulting in improved organizational performance.
- Interviewed, recruited and trained new onboarding candidates.
- Achieved company growth by implementing strategic marketing plans and business development initiatives.
- Assisted in employee appraisals, promotions and terminations based on performance reviews.
- Implemented cost-saving measures through reevaluation of supply chain management practices.
- Implemented cutting-edge technology solutions to improve data analytics, enabling more informed decision-making.
- Optimized supply chain operations, ensuring timely delivery of products while minimizing logistics costs.
- Negotiated high-value contracts with key suppliers, reducing material costs and improving profit margins.
- Developed strategic partnerships with industry leaders, enhancing company reputation and access to new customers.
- Expanded market presence by identifying new business opportunities and forging strategic partnerships.
- Reported issues to higher management with great detail.
Education
B. Tech - Electrical, Electronics And Communications Engineering
Daksha University
Bangalore 04.2018
High School Diploma - Intermediate
Sri Chaitanya Jr. College
Nellore 03.2014
High School Diploma - S S C
Sri Vivekananda High School
Buchi Reddy Palem 03.2012
Skills
Inventory management skills
Contract negotiation
Procurement
Supplier relationship management
Vendor relationship management
Price structuring
Logistics management
Strategic planning
Order processing
MS office
Digital marketing
Social media marketing
Timeline
Sourcing Specialist
Qwy Technology Pvt Ltd
02.2025 - Current
Sourcing Executive
Vahan Technology Pvt Ltd
01.2023 - 01.2024
B. Tech - Electrical, Electronics And Communications Engineering
Daksha University
High School Diploma - Intermediate
Sri Chaitanya Jr. College
High School Diploma - S S C
Sri Vivekananda High School