MURALI KRISHNA

Communicate value of strategic sourcing and procurement to company stakeholders, department heads, and executives to achieve buy-in necessary for proper resources and investment

• Work with stakeholders to establish viable, cost effective, and strategic sourcing objectives
• Establish and enforce procurement policies and procedures
• Monitoring contracts to ensure that supplier meets expectations and invoices are approved and paid in timely manner
• Floating RFI, RFQ, E-Auction through Oracle to Prospective supplier, assisting them to submit their proposal
• Solving technical queries of supplier
• Negotiating with supplier on cost, payment terms and other terms and conditions to get better Value for Company
• Process purchase orders and requisitions for products and services
• Communicate with prospective vendors to determine terms and availability
• Assist Sourcing Managers on their Capex Projects
• Sourcing and rate negotiation of material locally and worldwide with proper incomer's, delivery time and quality
• Coordination with operation department for requirement of materials and with accounts for processing of Invoice
• Managing Cluster – Fleet, Transport, Engineering IT & Telecomm, Real Estate, Supplies, Equipment & Services
• Part of End User Team Providing Requirements for implementation consultant
• Have provided Requirements And did UAT testing for Procurement module
• BPA / CPA Creation
• PR To PO Cycle
• Sourcing
• Procurement contract
• Supplier Management
• Supplier qualification
• Experience in development of concurrent programs, customization, and modifications of reports
• Possess good project management skills
• Develop solution design and created process for Requisition to PO
• Imported Master and Transactional data through file import activities
• Analytical Skill
• Business process understanding
• Excellent MS office skills
• Customer satisfaction
• Suggestions on functionality / features for Roadmap Development
• Strong time management skills.
• Led supplier selection process, evaluating capabilities and conducting thorough due diligence assessments.
• Facilitated knowledge sharing between regional offices, promoting consistency in global procurement approaches.
• Implemented risk mitigation strategies to protect against potential supply disruptions.
• Developed global procurement strategies to optimize supplier performance across multiple countries.
• Implemented eProcurement solutions for streamlined requisition-to-order processes.
• Optimized inventory levels through demand forecasting and collaborative planning with suppliers.
• Leveraged market intelligence data to gain insights into industry trends and inform purchasing decisions.
• Overhauled procurement policies and procedures, aligning them with industry best practices and regulatory requirements.
• Streamlined procurement processes for increased efficiency and reduced cycle times.
• Conducted regular supplier performance reviews to ensure ongoing compliance with contractual requirements.
• Enhanced supply chain visibility by developing robust reporting and analytics tools.
• Collaborated with internal departments to identify opportunities for process improvements and cost savings initiatives.
• Managed cross-functional teams for successful implementation of strategic projects.
• Negotiated favorable contract terms with suppliers, resulting in significant cost reductions.
• Established strong relationships with key stakeholders, ensuring alignment on procurement objectives.
• Spearheaded global vendor consolidation efforts, reducing total number of suppliers while maintaining high service levels.
• Managed supply chain process, from order placement to delivery, to facilitate on-time and accurate fulfillment.
• Resolved invoice and payment issues to facilitate prompt payment to suppliers.
• Evaluated supplier quotes based on purchasing procedures and competitiveness in quality, price and delivery.
• Negotiated contracts with suppliers to obtain favorable terms and pricing.
• Prepared and presented reports to management on purchasing trends and cost savings to aid in decision making.
• Monitored and managed procurement budget to control costs.
• Analyzed supplier contracts to confirm compliance with company policies and procedures.
• Developed and maintained relationships with key suppliers for smooth communication and to meet required expectations.
• Tracked contract performance metrics and reported issues or non-compliance with appropriate stakeholders.
• Reduced costs by streamlining contract bidding and procurement processes to assure best prices for materials and services.
• Created purchasing policies and procedures that complied with company standards and regulatory requirements.
• Collaborated with internal stakeholders to create timely and accurate purchase orders.
• Hired and trained purchasing staff to improve effectiveness of purchasing operations.
• Negotiated pricing and terms with vendors to secure best value for company.
• Conducted spend analysis to identify cost-saving opportunities.
• Developed global procurement strategies to optimize supplier performance across multiple countries
• Reduced costs by streamlining contract bidding and procurement processes to assure best prices for materials and services
• Collaborated with internal stakeholders to create timely and accurate purchase orders
• Researched and evaluated potential suppliers to determine best fits for company needs and to identify cost savings opportunities
• Communicated regularly with suppliers to uphold accountability for quality standards and timely delivery of goods
• Managed multi-million-dollar budgets, ensuring optimal allocation of resources towards strategic priorities.
• Developed category management plans to drive continuous improvement in procurement operations.
• Achieved cost savings by implementing strategic sourcing and supplier management initiatives.

• Management of team ensuring high performance and productivity
• Assist in development and achievement of departmental goals and objectives
• Develop and administer bid panels, issuing bid requests, coordinating answers to bidder questions, analyzing bids, preparing commercial bid summaries and recommendations in accordance with established procedures
• Handling ERP Module technical support associate
• Conduct Research and Analysis on domestic and international markets for making high impact and cost-effective buying decisions
• Conduct complex supplier’s performance validation events and drive improvement initiatives
• Handle and manage Project commercial evaluations, PO award and PO administration to final delivery and PO close out, Resolving Queries related to Supplier Payments
• Formulate long and short-term procurement strategies by identifying gaps in Demand and Supply of commodities
• Provides for proper contract acquisition and fulfillment in accordance with company policies, legal requirements, and customer specifications
• Responsible for Identifying Capable and Competitive supplier in India for commodities and ensure smooth implementation by generating cost savings.

• In charge of daily operational purchasing needs such as planning, issuing, and following up on Purchase Orders delivery and shipment schedules
• Resolve supply, quality, service, and invoicing issues with vendors
• Evaluate supplier performance based on quality standards, delivery time & best prices and ensure all the criteria are met according to the organizational requirements and expectation
• Floating enquiries & Negotiation with approved vendors
• Facilitating for samples for QC evaluation/approval
• Development of new vendors
• Follow up with vendors for on-time delivery
• Monitoring all RM / PM invoice receipts
• Fully responsible for right buying from market with better margin/Quality
• Procurement of as per company quality norms and specifications, regular price benchmarking
• Control purchasing department budgets
• Cross check the delivery against the PO & advice for the Payment
• Review documents with Finance team & advice for the payment coordination
• Develop and implement purchasing and, policies, and procedures.
• Collaborated closely with internal stakeholders to understand their needs and align procurement objectives accordingly
• Set up and negotiated contracts to obtain favorable pricing and delivery structures
• Spearheaded successful contract negotiations with major suppliers, securing favorable pricing structures without compromising on quality or service levels
• Improved cash flow management by implementing cost-effective payment terms with suppliers
• Enhanced supply chain visibility with implementation of advanced tracking systems and reporting tools
• Analyzed market trends to identify opportunities for cost reduction or operational improvements in procurement activities
• Implemented strategic sourcing initiatives to secure high-quality materials at competitive prices
• Developed strong relationships with vendors, fostering collaborative environment for mutual benefit
• Input, analyzed and reported on data covering all aspects of procurement operations
• Launched comprehensive supplier diversity programs to promote inclusivity within organization''s supply base
• Evaluated potential suppliers based on financial stability, capacity, quality, and service capabilities before entering into agreements
• Championed sustainable sourcing practices, promoting environmental stewardship throughout supply chain network
• Maintained current understanding of pricing structures, market conditions and trends in industry
• Conducted regular audits of vendor compliance with contractual obligations, ensuring adherence to established terms and conditions
• Achieved cost savings by skillfully renegotiating contracts with key suppliers
• Prepared and presented reports to management on purchasing trends and cost savings to aid in decision making
• Managed procurement team to ensure timely delivery of products and services while maintaining quality standards
• Reduced lead times through effective inventory management practices and streamlined order processing
• Developed and strengthened supplier relationships
• Negotiated complex corporate procurement contracts by working closely with internal and external contacts