Dadabhai Bhadane

1. Strategic Procurement Planning:

• Develop and implement procurement strategies specific to CAPEX and OPEX categories in the pharmaceutical industry.
• Align procurement activities with corporate goals and budgetary constraints.

2. Vendor Management:

• Identify, evaluate, and onboard suppliers for CAPEX and OPEX categories, ensuring compliance with quality standards and regulatory requirements.
• Negotiate contracts and agreements to achieve favorable terms and pricing for pharmaceutical equipment, facilities, and operational supplies.

3.Project Coordination:

• Collaborate with internal stakeholders such as engineering, operations, and finance teams to support project timelines and budget requirements.
  Manage procurement activities for new facility setups, expansions, and upgrades (CAPEX projects).

4. Cost Management:

• Monitor and control procurement costs for CAPEX and OPEX expenditures, ensuring adherence to budgetary constraints.
• Implement cost-saving initiatives and continuous improvement projects to optimize procurement processes.

5.Risk Management Procurement:

• Assess and mitigate risks associated with procurement activities, including supply chain disruptions, regulatory compliance, and quality assurance.
• Ensure contingency plans are in place to minimize potential impacts on project timelines and deliverables.

6. Compliance and Documentation:

• Ensure procurement activities comply with pharmaceutical industry regulations (e.g., FDA, GMP) and internal policies.
• Maintain accurate procurement records, including contracts, purchase orders, and vendor performance metrics.

7. Relationship Management:

• Foster strong relationships with key suppliers and vendors, conducting regular performance reviews and fostering collaboration on innovation and cost reduction initiatives.
• Resolve supplier-related issues promptly to maintain continuity of supply and operational efficiency.

8.Reporting and Analysis:

• Prepare and present procurement reports and analysis to senior management, highlighting key performance indicators (KPIs), cost savings, and supplier performance metrics.
• Utilize data analytics to identify trends, opportunities for improvement, and areas of risk within the procurement process.

9.Inventory Optimization:

• Develop and implement inventory management strategies to optimize stock levels, reduce holding costs, and ensure adequate inventory availability.
• Conduct demand forecasting and inventory analysis to anticipate customer needs and minimize stock-outs.

10.Supply Chain Coordination:

• Coordinate end-to-end supply chain activities, including procurement, logistics, and distribution, to ensure timely delivery of goods and services.
• Collaborate with suppliers, vendors, and internal stakeholders to streamline supply chain processes and improve efficiency.

11.Inventory Control and Monitoring:

• Establish inventory control procedures, including cycle counting, ABC analysis, and safety stock management.
• Monitor inventory levels, track inventory movements, and reconcile discrepancies to maintain accurate inventory records.

12. Supplier Relationship Management:

• Evaluate and select suppliers based on quality, cost, and delivery performance criteria.
• Negotiate contracts and agreements with suppliers to achieve favorable terms and conditions while maintaining strong relationships.

13.Continuous Improvement:

• Identify opportunities for process improvement and cost reduction within the supply chain and inventory management functions.
• Implement lean principles and best practices to enhance operational efficiency and reduce waste.

14.Risk Management SCM:

• Assess and mitigate supply chain risks, including supplier disruptions, inventory shortages, and geopolitical factors.
• Develop contingency plans and alternative sourcing strategies to ensure continuity of supply.

15.Data Analysis and Reporting:

• Utilize data analytics tools to analyze supply chain performance metrics, such as inventory turnover, fill rates, and lead times.
• Prepare regular reports and presentations for management, highlighting key performance indicators and recommending actionable insights.
  

Key Responsibilities and Achievements:

• Conducted Supplier Market Research, obtaining RFQs (Request for Quotations), and performing Vendor Assessments.
• Analyzed and conducted Contract Analysis, ensuring favorable terms and conditions for the organization.
• Onboarded potential vendors effectively, ensuring seamless integration into supply chains.
• Developed an alternate vendor strategy for high-value/volume materials, ensuring uninterrupted supply and mitigating supply risks.
• Managed end-to-end sourcing operations across various categories including MRO (Maintenance, Repair, and Operations), Infrastructure, and essential COVID-19 products.
• Handled both Indirect and Direct Purchases, including Capex materials, Admin procurement, promotional materials, gifting items, stationery, and IT materials.
• Maintained regular engagement with strategic suppliers, focusing on supply planning, delivery schedules, and future development activities to preempt supply risks.
• Analyzed purchase requisitions to ensure adherence to specifications and timely release of purchase orders.
• Cultivated and maintained strong vendor relationships through regular interactions, conducting half-yearly business reviews, ensuring timely payments, providing regular feedback, and maintaining transparent processes.
• Evaluated vendor performance based on quality, cost-effectiveness, timelines, and other relevant parameters.
• Coordinated payment processes, including raising payment requests, obtaining necessary approvals, and liaising with finance for timely vendor payments.
• Collaborated with vendors, logistics partners, and warehouse teams to ensure prompt delivery of materials.
• Responsible for generating and publishing daily, weekly, monthly, and quarterly Management Information System (MIS) reports to track procurement metrics and performance.

Key Responsibilities:

• Conducted Supplier Market Research to identify potential vendors and market trends.
• Obtained RFQs (Request for Quotations) and managed the bidding process effectively.
• Conducted thorough Vendor Assessments to evaluate capabilities and suitability.
• Managed end-to-end sourcing operations for a diverse range of categories including MRO, Infrastructure, and COVID-19 essential products.
• Oversaw both Indirect and Direct Purchases, including Capex, Admin procurement, promotional materials, gifting items, stationery, and IT materials.
• Maintained regular engagement with strategic suppliers for supply planning, delivery schedules, and future development activities.
• Analyzed purchase requisitions for proper specifications and ensured timely release of purchase orders.
• Developed and maintained strong vendor relationships through regular interactions, half-yearly business reviews, and ensuring timely payments.
• Responsible for creating and publishing daily, weekly, monthly, and quarterly MIS (Management Information System) reports to track procurement metrics and performance.

• Processing Purchase Orders: Efficiently process purchase orders (POs) in accordance with company policies and procedures. Ensure accuracy of PO details including items, quantities, pricing, and delivery schedules.
• Timely Execution of P2P Cycle: Manage the Procure-to-Pay (P2P) cycle to ensure timely procurement of goods and services. Collaborate with internal stakeholders to expedite approvals and resolve purchasing issues.
• Supplier Market Research and RFQs: Conduct supplier market research to identify potential vendors and market trends. Obtain and analyze Request for Quotations (RFQs) to secure competitive pricing and terms.
• Vendor Onboarding and Education: Onboard new vendors onto the vendor panel, providing training on usage and resolving queries. Educate vendors on procurement processes and standards to ensure compliance.
• Negotiation and Cost Management: Negotiate the best prices, terms, and conditions with suppliers, vendors, and freight forwarders.
• Logistics Coordination: Liaise with logistics partners to coordinate timely pickups and deliveries of goods.
  Monitor shipment schedules and address logistics-related issues promptly.
• Invoice Processing and Vendor Management: Ensure vendor invoices are generated accurately and processed within established timelines. Manage vendor relationships, address actionable tickets, and provide timely resolutions.
• Reporting and Analysis: Generate and publish daily, weekly, monthly, and quarterly Management Information System (MIS) reports.