JIGNESH PANCHAL

21 years experience with dedication and commitment in the field of Purchase/ Procurement/ Commercial/Contracts/Materials worked in Oil & Gas, Petrochemicals, Chemicals and Power Companies. Successfully manages diverse purchasing needs in challenging, fast-paced environments.

1. Petroexcel Technology Services, Vadodara (Sterling Oil & Gas, Nigeria)  

• Leading team size of 9 People for Upstream-offshore Contracts placement, Drilling Spares and Strategic Sourcing Drilling Chemicals for Oil Field based at Nigeria operation. • Competitive and quality material Global sourcing mainly China, Europe & USA • Annual Spent USD 250 Million (approx Rs.2000 Crs.) • Develop and implement contract management strategies to ensure efficient execution • Working with objective to achieve best value, timeliness and cost effectiveness for goods and services required for operations • Lead contract negotiations with clients, subcontractors, and vendors to secure terms and conditions most favorable and competitive to the Company • Worldwide New Vendor development and evaluation • Ensuring implementation of IVALUA ERP • Lead Contract management, contract performance and compliance throughout the project lifecycle, identifying and addressing any deviations or issues while staying updated on pricing trends and emerging best practices • Commodity Price trends, cost saving, order finalization, MIS, SLAs to complete entire sourcing to pay cycle. • Co-ordination& communication with plant operation HODs for Planning & Procurement to enable smooth functioning of plant. • Tracking import delivery with Logistics and CHA • Co-ordination/ follow-up with end user/ suppliers/ project team/ finance/ account team for post ordering activities for supply/ services i.e. timely delivery, inspection, supplier payment, LC etc. Ensuring timely delivery, Identify the scope of further simplification of policy & procedure for smooth function.

2. Deccan Fine Chemicals, Ankleshwar:  

• Heading direct sourcing Raw Material (RM)/ Packaging Material (PM) Purchase  department with team size 10 people.  • Annual spend is Rs. 700 Crs. considering both Import & Domestic purchase.    • The main strategic sourcing of RM/ PM procurement is Methanol, Ethanol, Acetic Acid,  Xylene, Benzene, Phenol, Toluene, Catalyst, Sulphuric Acid, Caustic, HCL, EDC, Hydrogen  gas, etc. as market trends.  • Price Negotiation, Supplier finalization, order distribution, define the SOP, policies,  budget and strategies for logistic, inventory management, new vendor development for  risk mitigation to meet organization objective.  • Developing new/ alternate vendors to increase competition and alternative option to  meet quality and quantity material available to run the plant continuously.  • Define the KRA for department covering saving, inventory control, process  improvement, vendor development, etc.

3. Deepak Phenolics Ltd., Dahej  

• Heading Purchase & Store, both import and domestic & Contracts Department for  Project & O&M of Phenol & Acetone Plant at Dahej.   • Leading and driving the purchase team of 8 people at Dahej Site having Annual spent of  Rs.1500.00 Crs.  • Responsible for Procurement of Direct and Indirect raw material for Phenol & Acetone  Plant including Coal for CPP, Chemicals i.e. Benzene, Propylene, Sulphuric Acid, Caustic,  Lime, etc., all Materials& Services, Spares, revenue purchase, Annual Rate Contract  (ARC)/ Annual Maintenance Contract (AMC)etc.  • Finalization of Vendor/ Contractors with effective negotiation w.r.t. cost estimation,  time and budget for procurement of all Chemical, Mechanical, Electrical, C&I items,  services, spares, tools & tackles, consumables, safety items, etc. including scrap  disposal, inventory management, JIT, logistic management and transportation.  • Domestic and International Vendor/ Contractor Identification for new material &  services. Vendor/ Sub-vendor development, management and evaluation as per  strategic criteria. Import material, CHA, Incoterms etc.  • Development, implementation and monitoring the procurement policy, strategy &  procedures for procurement dept. Ensuring compliance, analyzing efficiency and  effectiveness for procurement department as per KPI set to achieve organization goal.  • Developing best practices and e-initiative on MM Module for e-procurement.  • Review and monitoring of day to day procurement and ensuring material available as  per production plan within budget. Identify the scope of saving with reference to past  purchase, internal estimate and market intelligence.

4. Adani Power Ltd., Ahmedabad  

• Responsible for Procurement of onshore/offshore EPC Contracts, Capex and O&M  Contracts including Outsourcing Contract for Greenfield Plants at various locations.  • Handled Contracts and claims of various plants  • Vendor Development for project or O&M requirement, Vendor relationship, Vendor  Performance Management, Vendor disputes management  • Working on SAP MM Module and following various e-initiative of the organization i.e.  e-NFA, e-MIS, SRM, e-Reverse Auction.  • Contract Bid documents preparation including Technical and General Conditions of  Contract • Preparation of estimates, invitation of bids, commercial evaluation, conducting pre award meeting  • Floating inquiries, follow-up with vendors & receipt of offers, preparation of price  comparative statement and MOM  • Co-ordination with Project department, engineering group, vendor, account  department, user department, etc.  • Framing of Contracts, orders, amendments and award of contract within budget  allocation

5. Torrent Power Ltd., Ahmedabad  

• Leading Procurement team for Generation Power Plant 400MW Thermal Power Plant,  Sabarmati & 100 MW CCPP, Vatva - P&M, Services, Civil Work, Electrical Works, Import,  Stores Items procurement  • Power User for implementing SAP R3 module for MM Module.    • Budget control, timely ordering, vendor development  • Follow-up with vendor for timely delivery to accomplish project completion in time  • MIS preparation to the management to identify critical work in progress, indent to  order conversion period which extended to final delivery and after sales and service for  equipment  • Procurement of materials & releasing of contracts for  Power stations (consumables ,  Maintenance items (Materials &Labor))  • Labor contracts during shutdown related activities for different maintenance  departments like Turbine,  Boiler, Electrical, Instrument & Fuel   • Procurement of Capital items and long lead project procurement (From Tender floating  to Project execution completion)  • Coordination with different department to achieve in time delivery of the materials and  completion of projects.

6. Asahi Songwon Colors Ltd., Ahmedabad  

• Greenfield Project planning technical and cost estimation  • Capital Goods Procurement, Project implementation and execution  • Floating inquiry, Negotiation, Equipment procurement, contracting  • Order execution, Project execution, Cost implication analysis  • Project co-ordination, contractors & consultants

• Torrent Power Ltd. :Power User for 'SAP Implementation'
• Adani Power Ltd. : Process Champion of Agile Process 'Vendor On-boarding' And Internal Auditor for ISO, SAP-SRM implementation

1. Mr. Jaswant Chopra (AVP-Techno Commercial)  M/s. Adani Power Ltd., Achalraj, Opp. Law Garden, Ahmedabad, Phone: 9687660789  

2. Mr. K. B. Walvekar (Sr. VP - SCM)   M/s. Deepak Phenolics Ltd., Vadodara, Phone: 0265-276 5500