Summary
Overview
Work History
Education
Skills
Websites
Personal Information
Timeline
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Dinesh Mahajan

Mumbai

Summary

Motivated Sourcing professional adept at driving cost savings and building strong supplier relationships. Proven track record in negotiating favourable contracts and ensuring quality standards. Known for strategic sourcing initiatives that streamline operations and enhance supply chain efficiency. Committed to delivering value and fostering collaborative partnerships.

Overview

3
3
years of professional experience

Work History

Strategic Sourcing Consultant – Natural Resources Industry

Accenture Strategy & Consulting
Mumbai
01.2022 - Current

Strategic Sourcing (South African mining client)

  • Handled annual spend of ~ 50 Mn USD key categories in product procurement like Fuel, Lubricants, Explosives, Magnetite and in services procurement like waste management, scrap oil and tyres disposal, weighbridge automation , Fuel management system
  • Achieved a contracted savings of more than 15 Mn USD in these projects over contract duration
  • Ensured 100% compliance to all governance policies and ensured contract documentation in accordance with governance framework and Contractor Management framework
  • Assisted Accenture leadership in 10+ RFPs and BD proposals.

Supply Risk

  • Led supply risk module for client by talking to suppliers, identifying risks, and presenting the mitigation plans to client leadership

Achievements

  • Awarded 2 times for the champion of quarter for outstanding contribution to the project
  • Received Stellar Award for outstanding performance in FY24

Assistant General Manager-IT Manufacturing applications

Ultratech cement, Aditya Birla Group
  • Led a supply chain digitization project of e-sourcing which helped business go paperless for P2P cycle and achieve 30% productivity improvement
  • Curated a Demand Planning & Inventory Replenishment Solution which helped business save annual 200+ manhours and achieved demand-based optimization of inventory with 100% service level
  • Steered a project on material master & service master cleansing which achieved inventory optimization by 20%
  • Led a team of developers to create a virtual inventory dashboard in SAP for critical spares
  • Prepared budgets for operations and maintenance of the solutions
  • Managed succession planning and decommissioning through adoption of new technologies
  • Maintained minimum cycle time (<30 days) to implement changes for all business applications
  • Analyzed & recommended means of cost reduction, manpower rationalization, improved operational efficiency
  • Established applications SLAs and periodic performance review against those SLAs
  • Ensured 100% application availability without any impact to business
  • Evaluated most common issues and ensured that these are permanently resolved
  • Identified gaps/improvement areas through frequent user connect in areas like import logistics system and spares inventory optimization by benchmarking with leading Industries
  • Industry optimization with adoption of new technologies like RFID & smart devices
  • Finalized Vendor SLAs and reviewed the performance regularly to make sure they are met completely
  • Facilitated on time Purchase Order issuance and payment remittance to vendors
  • Ensured 100% Security policy compliance as per CISO guidelines.

Manager, Global RM Sourcing-Supply Chain Management

Tata Steel Ltd. (TSL), Global Wires India
  • Category manager of domestic sourcing and imports of raw material (Wire rods) required for wires manufacturing (30% ~ 240 Cr of entire procurement buy)
  • Ensured >96 % OTIF and defect free material availability
  • Devised Wire rod sourcing strategy involving process optimization & cost reduction through alternate supplier development and achieved annual cost reduction of ~ Rs 10 Crs
  • Generated monthly market based insights on price movement of wire rods for update to senior management
  • Managed a team of 3 persons and responsible for sourcing of key process consumables like Zinc, Lead, HCL etc (20% ~ Rs 160 Cr of entire procurement buy)
  • Devised category strategies and achieved annual cost saving of ~ Rs 1 Cr through disruptive ideas
  • Reduced Proprietary source spend 15% & increased Coverage of spend under contracts by 8% in FY20
  • Developed a macro-model to source LME data and generated insights on daily basis
  • Orchestrated optimal planning of RM and process consumables through monthly discussions with stakeholders
  • Achieved zero stock-outs and working capital optimization through JIT deliveries and effective payment terms
  • Worked on annual transportation contract and ensured on time vehicle placements against calls
  • Ensured point to point defect-free material deliveries with zero detention charges
  • Worked on cost modelling & long-term contracting in various service areas such EPA contracting, AC hiring, etc achieving annual saving of ~Rs 3 Crs
  • Led a team of 3 members for consolidation of services across Tats Steel Global Wires
  • Ensured 100% contract compliance & addressed user concerns through continuous assessment of contracts on agreed KPIs
  • Drove focused discussions with critical to quality suppliers and CFTs created to identify new projects to improve quality, improve delivery performance, reduce costs and achieve maximum synergy
  • Rolled out RPA based auto RFQ system with the help of Tata Steel IT team
  • Rolled out an integrated E-Folder system for electronic filing to enable faster searching, retrieving & filing of procurement documents
  • VMI & Smart warehousing project taken up in FY21 with a target of ~Rs 6 crs annual working capital savings
  • Led 4 taskforces:RM quality improvement, EPA cost driver study, Green packaging and VMI to reduce cycle time
  • Performed role of risk champion for procurement division- Identified and mitigated associated risks
  • Improved safety score with human touch free unloading through palletization of incoming materials
  • Achieved annual cost savings of close to Rs 2 Crs through tail-spend aggregation.

Manager, Group Investment Management

Tata Steel Ltd. (TSL)
  • Managed cluster of Investment Portfolio of Tata Steel Ltd
  • (TSL) in group companies
  • Relationship Management for group companies through interaction with MDs and CFOs
  • Supported group companies in formulation of long-term planning, aligning with TSL strategy
  • Identified & executed specific assignments for PBT & cash flow improvement in group companies using DMAIC
  • Developed marketing, operating and financial trends for a cluster of TSL group companies
  • Organized various communication platforms to promote synergies among group companies
  • Prepared financial outlook for group companies for senior management reporting
  • Part of a team leading Turnaround of a BIFR registered TSL Group Company involving Financial & Operational improvements
  • As a Risk Champion for risk assessment exercise for 3 divisions, identified Market/Credit/Counterparty risks pertinent to the Tata Steel, early warning indicators and mitigation plans for the identified risks and ensured timely reporting and review with senior management
  • Implemented risk rollout program in 10 group companies in coordination with external consultants, identified relevant risks to be escalated to I&NV Vertical and managed stakeholders interactions
  • Created data repository for financial, operational and other data of TSL Group Companies
  • Developed Business Intelligence system for Analytics of KPIs of TSGCs using SAP BO and Lumira
  • Reviewed contracts for group companies aiding in issue identification and retention money recovery
  • Liaised with group companies in strengthening corporate governance and compliance practices
  • Awarded best ‘Management Trainee Project’ by MD, TSL from a batch of 90+ management trainees
  • Nominated by TSL to participate in 2017 edition of “The Economic Times Young Leaders” programme.

Analyst – Equities Technology

Nomura Services India Pvt Ltd.
  • Worked as a software developer alongside technology, operations trade & sales teams across geographies spanning Japan, Europe, Americas, Asia-ex-japan
  • As a Business analyst, carried out requirement analysis, drafted technical specifications, managed stakeholder interactions as a contribution towards SDLC for projects
  • Awarded Spot Individual STAR recognition and Quarterly Team STAR recognition
  • Achieved 3 fold increase in operational productivity by implementing a technical improvement
  • Travelled & piloted a major project release in Tokyo, which generated a business of 2 million yen.

Education

M.M.S. (Finance) -

Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai
01.2016

B.Tech. (Computer) -

Veermata Jijabai Technological Institute (VJTI), Mumbai
01.2011

H.S.C. -

Aided Junior College, Buldhana
01.2007

S.S.C. -

The New Era High School, Buldhana
01.2005

Skills

  • Strategic Sourcing
  • Supply Risk
  • Project Management
  • Vendor Management & Security Compliance
  • Raw Material Sourcing (RM Sourcing)
  • Cost modelling
  • Contract lifecycle management (CLM)
  • Supplier Relationship Management (SRM)
  • Digitization & Analytics
  • Strategy & Planning
  • Adaptability
  • Cross-functional team leadership

Personal Information

  • Age: 35
  • Gender: Male

Timeline

Strategic Sourcing Consultant – Natural Resources Industry

Accenture Strategy & Consulting
01.2022 - Current

Assistant General Manager-IT Manufacturing applications

Ultratech cement, Aditya Birla Group

Manager, Global RM Sourcing-Supply Chain Management

Tata Steel Ltd. (TSL), Global Wires India

Manager, Group Investment Management

Tata Steel Ltd. (TSL)

Analyst – Equities Technology

Nomura Services India Pvt Ltd.

M.M.S. (Finance) -

Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai

B.Tech. (Computer) -

Veermata Jijabai Technological Institute (VJTI), Mumbai

H.S.C. -

Aided Junior College, Buldhana

S.S.C. -

The New Era High School, Buldhana
Dinesh Mahajan