Hemanth Reddy Tamma
Bangalore
Summary
Accomplished Purchase Manager with expertise in procurement management, contract negotiation, and cost reduction strategies. Proven track record in vendor assessment and inventory control, driving efficiency and quality in purchasing processes. Results-driven Purchase Manager with extensive experience in procurement management, contract negotiation, and inventory control. Proven ability to implement cost reduction strategies and develop strong supplier relationships to enhance operational efficiency.
Overview
14
14
years of professional experience
Work History
Purchase Manager
Fortuna constructions (I) Pvt. Ltd.
Bangalore
12.2012 - Current
- Managed procurement processes for construction materials and supplies.
- Negotiated contracts with suppliers to secure favorable terms.
- Coordinated with project managers to align purchasing needs with timelines.
- Conducted market research to identify potential vendors and products.
- Ensured compliance with company policies during purchasing activities.
- Developed and maintained relationships with key suppliers for quality assurance.
- Oversaw inventory management to prevent stock shortages or excesses.
- Trained team members on procurement best practices and systems usage.
- Maintained accurate records of all purchase orders, invoices and contracts.
- Worked closely with other departments to ensure that purchased items meet their requirements.
Purchase Manager
Fortuna constructions (I) Pvt. Ltd
Bangalore
12.2012 - Current
- Managed procurement processes for construction materials and supplies.
- Negotiated contracts with suppliers to secure favorable terms.
- Conducted market research to identify potential vendors and products.
- Ensured compliance with company policies during purchasing activities.
- Oversaw inventory management to prevent stock shortages or excesses.
- Trained team members on procurement best practices and systems usage.
- Negotiated with suppliers to obtain the best possible pricing, payment terms and delivery times.
- Worked closely with other departments to ensure that purchased items meet their requirements.
- Monitored stock levels and identified purchasing needs.
- Developed strategies for cost reductions, improved inventory control and increased efficiency.
- Performed price comparisons among different vendors in order to get the best value for money.
- Developed relationships with key suppliers and ensured compliance with contractual agreements.
- Studied company vendor contract and product pricing history to develop procedures for leveraging market conditions, regulations, and laws to minimize product costs.
Education
J.D. - B.tech Civil
Vijetha Vidya Vihar
Tenali04-2012
Skills
- Procurement management
- Contract negotiation
- Vendor assessment
- Inventory control
- Market analysis
- Cost reduction strategies
- UPVC Fabrication
Timeline
Purchase Manager
Fortuna constructions (I) Pvt. Ltd.
12.2012 - Current
Purchase Manager
Fortuna constructions (I) Pvt. Ltd
12.2012 - Current
J.D. - B.tech Civil
Vijetha Vidya Vihar