Kaushik Reddy
Strategic Sourcing Manager
Bengaluru,KA
Summary
Result-oriented professional with 12 years of domain experience in Strategic sourcing specialized in Direct( CASTING & MACHINING) and Indirect Sourcing with expensive drive for Cost reduction
Overview
12
12
years of professional experience
7
7
years of post-secondary education
Work History
Assistant Manager
Ace Designers
06.2024 - Current
- Responsible for Indirect sourcing across 4 plants with team of 2
- Spearheading across all commodities of Indirect sourcing
- Responsible for conversion of legacy process to recent as per market best practices
- Supervised day-to-day operations to meet performance, quality and service expectations.
- Improved customer satisfaction by addressing and resolving complaints promptly.
- Developed strong working relationships with staff, fostering a positive work environment.
- Promoted teamwork within the workplace by encouraging collaboration among staff members on various projectstasks.
- Collaborated with the management team to develop strategic plans for business growth and improvement.
- Maintained a clean, safe, and organized store environment to enhance the customer experience.
- Mentored junior staff members in their professional development by offering guidance/support in their assigned roles.
- Mentored team members to enhance professional development and accountability in workplace.
Indirect sourcing Specialist
M/s. Genpact India private limited
1 2022 - 05.2024
- Day to day responsibility to assist in the Software, Hardware, HR related Functions, Consumables Contract, Import, capex, maintenance department, Logistics and AMC
- Day to day responsibility for assisting in the area of Multifunctional and Mailroom equipment
- Demonstrates ability to plan for and manage suppliers to reduce costs and engage them in upstream and downstream processes
- Applies knowledge and understanding of business process to streamline efficiency and maximize results of the overall work product
- Assist in maintaining lasting cooperative partnerships with internal and external stakeholders and vendors
- Uses effective communication methods and fosters trust with others
- Creates an approachable environment by soliciting and accepting feedback openly
- Speaks openly and honestly about issues, and provides constructive solutions.
- Maintained up-to-date knowledge of industry trends and best practices in sourcing, enabling continuous improvement within the procurement function.
- Worked with departments to find new and better items to fulfill diverse needs.
- Managed a portfolio of suppliers, ensuring compliance with contractual terms and conditions, as well as quality standards.
- Developed comprehensive sourcing strategies for specific categories, resulting in more efficient procurement processes.
- Collaborated with finance, procurement and operations leaders on global sourcing projects.
- Accepted and processed supply requests from staff, and placed orders per procedures.
Direct and Indirect Strategic sourcing and Procurement
M/s. VST Tillers Tractors Limited
07.2012 - 12.2021
- Responsible for buying of castings and feeding to assembly line in appropriate time
- Responsible for Indirect Sourcing for all 4 plants across all commodities with a team of 4
- Derisking the chronic problem suppliers and plan for alternate
- L1 pricing strategy - narrowing down the gap between lowest and other rates
- Cost Saving Achievements as per Management Targets
- 1
- Clean sheet Costing through Actualization
- 2
- L1 Matching (Re-Negotiations)
- 3
- Alternate Source Development
- 4
- TOD & VAVE projects
- Additional Capacity Planning through Alternate Sourcing & Business Case Sign-off
- De-Risking Suppliers and Critical Parts for Production
- Supplier Selection & Development for New Projects and Alternate Sources
- Revised Commercial finalizations for NPD parts before SOP
- SOB allocations and capacity sign off with supplier
- Commodity Price Revisions Settlements
- Alternate Source Development for Single Source Parts
- Vendor Rationalization & Strategic Supplier Base planning for Long Term goals
- Implementing DCN changes (Quality improvements/VAVE) on time
- Coordinating with Management auditors and External auditors.
Education
B.Tech (Agriculture Eng.) -
GKVK, UAS, Karnataka
01.2008 - 04.2012
Pre-university course - undefined
Karnataka
01.2006 - 04.2008
Skills
Savings(Hard, Cost Avoidance) of around 10lacs achieved through market benchmarking, competitive bidding and negotiation
Casting suppliers from 52 legacy number was reduced to 35 by group consolidation
YOY cost reduction of 2% was achieved on spend of about Rs 30,000 of castings on FG BOM
Crank case housing which was critical with single source was developed with one more source within span of 45 days
Indirect sourcing -Green field project of capex budget 100 crores was established within control budget of 90 crores
Across indirect commodities Hard savings of 10 lacs was achieved annually
Operating System: Windows 7
Office Applications: MS Office (Word, Excel, PowerPoint)
ERP Software: SAP MM S4 HANA
Cost Reduction
Negotiation
Cost Control
Excellent Communication
Personal Information
- Industry Preference: Automobile, Manufacturing and IT
- Father's Name: Pundareegan G
- Date of Birth: 07/21/90
- Gender: Male
- Nationality: Indian
- Marital Status: Single
Locationpreference
- Hosur
- Bangalore
- Hyderabad
- Chennai
Keyresultsareas
- Day to day responsibility to assist in the Software, Hardware, HR related Functions, Consumables Contract, Import, capex, maintenance department, Logistics and AMC
- Day to day responsibility for assisting in the area of Multifunctional and Mailroom equipment
- Demonstrates ability to plan for and manage suppliers to reduce costs and engage them in upstream and downstream processes
- Applies knowledge and understanding of business process to streamline efficiency and maximize results of the overall work product
- Assist in maintaining lasting cooperative partnerships with internal and external stakeholders and vendors. Uses effective communication methods and fosters trust with others
- Creates an approachable environment by soliciting and accepting feedback openly. Speaks openly and honestly about issues, and provides constructive solutions
Languages
English, Hindi, Kannada, Telugu, Tamil
Disclaimer
I do hereby confirm that all the information provided above is true to the best of my knowledge and belief.
Timeline
Assistant Manager
Ace Designers
06.2024 - Current
Direct and Indirect Strategic sourcing and Procurement
M/s. VST Tillers Tractors Limited
07.2012 - 12.2021
B.Tech (Agriculture Eng.) -
GKVK, UAS, Karnataka
01.2008 - 04.2012
Pre-university course - undefined
Karnataka
01.2006 - 04.2008
Indirect sourcing Specialist
M/s. Genpact India private limited
1 2022 - 05.2024