Summary

Overview

Work History

Education

Skills

Certification

Personal Details

Timeline

HARPAL SINGH

SENIOR MANAGEMENT PROFESSIONAL – PURCHASE , MATERIALS & SUPPLY CHAIN OPERATIONS

Yamunanagar

Summary

Over 30 years experience with impressive success in strategy formulation, implementation. Spearheading operations of large Purchase and Materials departments of global manufacturing organisations and consistently increasing profitability and reducing costs at all levels of procurement and services.

Overview

years of professional experience

Certifications

Language

Work History

GM - Purchase and Materials

ISGEC Heavy Engg Limited

11.2016 - Current

Company Overview: Leading manufacturer of Pressure Vessels, Boilers, Presses, Castings, EPC Projects in India with state of the art manufacturing facilities at Yamunanagar, Bawal, Muzaffarnagar and Dahej.
Spearheading purchase & complete supply chain management across all Divisions i.e. Boilers and Pressure Vessel Manufacturing , Presses mfg and Foundry, supported by a team of 12 persons.
Diagnosing procurement needs and establishing best-in-class buying strategies.
Identifying & developing vendors for better price, quality, delivery & increased volumes as per sales forecast.
Facilitating in-depth spend analysis, supplier assessments, financial perspective and market analysis to be used to improve the supply chain and help leverage the supplier base & reduce costs.
To monitor budgetary cost for Project bidding, timely ordering against set budgets, monitoring/ developing suppliers as per customer approved vendors and quality TDCs, arranging/ expediting delivery to meet timely execution of projects.
Successfully developed 47 new suppliers for Raw Materials, Forgings, Pipes, Tubes, Fittings & Fasteners across India, Europe and China.
Generated cost saving of: Rs. 6.2 Crores in 2018-19, 8.2 Crore in 2019-20 and Rs.5.6 Crore till date by competitive buying, negotiations and developing import suppliers in China inspite of MIP / Anti Dumping duties.
Developed alternate sources, setting-up long term contracts and monitoring prices for buying decisions.
With regular interaction with Mills, suppliers, Internal customers and Purchase team , we are able to increase the Division’s turnover has increased from 156 Crore IN 2017-18 to 352 Crore in 2021-22.
I have been able to give confidence to Purchase Team and guide them to achieve given target.
I have established good working climate and fine working relationship with all stakeholders in Boilers and Foundry Divisions.
I have lead team in implementing expansions on time at ISGEC Unit II at Rattangarh by Union Civil, Fabrication shops and timely procurement of machines.
I have negotiated prices of Tubes, Pipes to ensure that ISGEC is able to compete with L&T, Thermax, BHEL, ThiesenKrupp etc and win several orders in India and abroad.

Corporate Head - Purchase and Supply Chain

Steel Strips Wheels Limited

03.2010 - 11.2016

Company Overview: Leading manufacturer of Single Piece Steel Wheels in India with state of the art manufacturing facilities at Dappar (near Chandigarh), Jamshedpur and Oragadam (near Chennai) with a total capacity of 20 million wheels per annum. Also manufacturing Alloy Wheel Plant at Mehsana, Gujarat.
Re-usable packing in domestic & export dispatch, resulting in huge cost savings & reduction in defects in final products; received appreciation from customer.
SAP Based “Supply Chain Management System to monitor material availability as per actual consumption and production plans resulting in zero stock-outs / excess inventory.
System of inventory monitoring, waste reduction & vendor management.
Linkage between imported & domestic landed cost of major raw materials for prompt decision making and change monitoring in international environment i.e. change in import tariffs, sea freight, MIP & safeguard duty.
“Supply Chain Management” concept across all locations of company using SAP, Barcoding, Wi-Fi and Networking to control investments in raw materials & working capital mgmt.
System to assign improvement projects across team for collective effort.
System of KA and monthly monitoring of progress for reports to MGT.
Competitor’s study for regular feedback for strategic advantage.
Successfully developed 12 new suppliers for Raw Materials, Fasteners, Packing, Tooling and Spares. Generated cost saving of: Rs. 3.2 Crores in 2014-15 by developing alternate sources, setting-up long term contracts and monitoring prices for buying decisions.
Rs. 5 Crores in 2015-16 TCO/Alternate Source (Total Cost of Ownership) Method for consumables (Paints , Welding Consumables, Fasteners, Oils, Fuels, Wood).
Rs. 2 Crores in year 2009-10 for Non-Ferrous Raw Material, Special Steel, HR Coils & Bought-out Components through VA-VE, timely buying decisions and monitoring LME & international price trends of Metals, Steel, Crude Oil, & Energy Gases.
Rs. 1.5 Crores in year 2008-09 cost of major raw material listed on LME (including metals such as Aluminum, Silicon, Nickel, Copper & Magnesium) through continuous monitoring and buying decision at appropriate time.
Elimination wastages through lean concept implementation throughout the supply chain.
Fulfilled dispatches up-to 100% and maintained record of zero failure over the last 3 year due to absence of raw material & consumables.
Extended net payment terms with supplier base by an average of 45 days.
Achieved approximately INR 5 Crores in positive cash flow improvements through negotiation of favorable vendor payment terms.
Developed & implemented common inventory of common spares across all 3 plants initiatives to streamline the inventory function.
Designed inventory reconciliation process which increased inventory accuracy to 100%.
Reduced transportation costs by 14 % by finalizing contracts with primary carriers that resulted in reduced freight costs on domestic and international shipping routes.

Manager Purchase

Shriram Pistons & Rings Limited

10.1994 - 01.2010

Company Overview: Leading manufacturer of Pistons, Gudgeon Pins, Rings and Engine Valves for Automobiles & Stationary Diesel Engine Applications.
Managed complete Supply Chain Function (Procurement, Pricing, Vendor management, Logistics, stores, Imports) for metals (Aluminum, Silicon, Nickel, Copper and Magnesium).
Established best practices for supply chain management.
Procured direct and indirect material commodities from around 40 suppliers.
Reduced cost by Rs.2.20 Crores through alternate source development, long term contracts and price monitoring for buying decision.
Slashed inventory cost by 10% through effective material planning and vendor managed inventory.
Escalated profitability by 6% by improving margin of SPRs by buying raw materials at lower cost than available in market.
Fulfilled dispatches up-to 100% (no failure in last 3 years due to absence of raw material) in metals (Aluminum, Silicon, Nickel, Copper, Magnesium).
Ensured robust transportation/logistics support at each supply center i.e. Renukoot, Korba, Jharsuguda, Angul, Mumbai, Shanghai & Bhiwadi.
Decreased inventory cost by 10% every year through effective material planning and vendor managed inventory.
Improved margin of SPRs by buying raw materials at lower cost than available in market, by establishing price increase/decrease formula for our final product based on change in commodity prices on 3 monthly basis.
Developed detailed proposal for management approval and implemented in buying of Pure Aluminum / Nickel.
Tracked price movement on LME; performed fundamental analysis of established ready-made Alloy suppliers i.e. Blue Precision Ltd. & Century NF Castings - Faridabad to meet requirements in case of inadequate capacity of Aluminum Foundry to meet market demand.
Saved Rs. 2 Crores in purchase of Aluminum, Silicon, Magnesium, Nickel & Copper, during Sep’09 - Mar’10, by: Developing alternate sources i.e. Vedanta/BALCO at 99.7% of Aluminum and HINDALCO & NALCO for cheaper cost price of Rs.1.2/Kg since Dec’2008.
Building long-term contracts for Silicon & Alum Metal, with Chinese Silicon suppliers in Sep’09, when prices of Silicon 441 increased from $1800/MT to $4000/MT; this led to price advantage of Rs.28/Kg.
Monitoring price of Nickel for buying decision and arranging supplies through MMTC Delhi /Mumbai to reduce cost by Rs.120-150 /Kg.
Forming long term contract with Birla Copper for supply of Copper on avg. LME basis.
Buying Magnesium from Indian traders on CST 2% for long term price advantage.
Continuous monitoring of LME Prices (landed in India) & lowest cost offered by Nalco/Hindalco.

Education

Master's in Business Administration - Operations Management And Supply Chain Management.

Govt. College of Commerce and Management

Udaipur

01.1993

Bachelors in Science - Physics, Chemistry and Mathematics

Ajmer University

Ajmer

01.1990

Skills

Industry , Competitor data analysis Strategy / Policy Formulation, Process Excellence

Demand & Supply Planning, Strategic Sourcing & Procurement

Domestic & Overseas Vendor Identification Validation & Development for competitive advantage

Techno-Commercial Operations management

International Trade, Export / Import management

Logistics & Warehouse Management

Team Building , training, skill development & Leadership

ERP (SAP R3) & APO - Material Planning & Procurement Modules

Data and AI , Digitization strategy formulation and implementation