K K Bopanna
Bengaluru
Summary
Self-motivated and resourceful Senior Procurement Specialist bringing in 7.5 years of experience in Sourcing & Purchasing, with expertise in project management, budgeting & should costing, compliance, KPI tracking, vendor development & management.
Overview
8
8
years of professional experience
Work History
Senior Procurement Specialist
L&T Construction Equipment Limited
04.2020 - Current
- Handling a team with additional responsibilities of fibre reinforced plastic (FRP) & casting commodities.
- Initiated and implemented cost saving of 8% by utilizing process by-product in the actual product in FRP parts.
- Analyzed casting design with CFT and implemented weight reduction with no compromise on quality, achieved 8% cost savings.
- Researched with team on cost reduction opportunities in other commodities - initiated project on change from metal plate parts to castings, realized 15% cost savings.
- Streamlined supply chain for various commodities by developing local supplier pool and freight optimization (milkrun).
Procurement Specialist
L&T Construction Equipment Limited
06.2018 - 03.2020
- Based on skills & expertise developed, additional responsibilities of tubes (hydraulic & exhaust) & tools taken up.
- Developed strategic plan for JIT model in tools/tool kits & successfully implemented, thereby reducing inventory cost by 1.5%. Further implemented in other commodities like fasteners & consumables.
- Worked with CFT on value engineering (alternate material) in exhaust tubes to achieve 60% savings.
- Initiated and implemented alternate process with new supplier to achieve better product quality & 14% reduction with negotiation in hydraulic tubes.
Graduate Trainee
L&T Construction Equipment Limited
04.2016 - 05.2018
- Worked with various departments to gain hands-on experience in bearings & indirect purchase commodities.
- Developed expertise in material planning, scheduling, cost analysis and inventory management.
- Introduced alternate sources for bearings, implemented changes to achieve upto 12% savings against DMC.
- Collaborated with peers in neighbouring firms to develop local pool of indirect commodity suppliers & service providers, achieving upto 5% reduction against planned expenditure.
Education
Bachelor of Engineering - Mechanical Engineering
Sai Vidya Institute of Technology
Bengaluru, India07.2015
Skills
Excellent communication
Good relationship management
Commodity value engineering
Contract placement & management
Collaboration with CFTs
Strategic sourcing & vendor development
Strong financial acumen & negotiation
Cost reduction & quality improvement
Proficient in direct & indirect purchase
Expert in SAP HANA MM & Procurement
Timeline
Senior Procurement Specialist
L&T Construction Equipment Limited
04.2020 - Current
Procurement Specialist
L&T Construction Equipment Limited
06.2018 - 03.2020
Graduate Trainee
L&T Construction Equipment Limited
04.2016 - 05.2018
Bachelor of Engineering - Mechanical Engineering
Sai Vidya Institute of Technology