KATARU LAKSHMINARAYANA
Tirupati
Summary
Experienced in implementing effective procurement strategies, negotiating contracts, and managing suppliers. Leverages these skills to cultivate strong supplier relationships and secure favorable contracts. Proven track record of improving procurement processes. Dedicated to ensuring compliance with organizational policies and standards.
Overview
4
4
years of professional experience
Work History
Buyer Specialist
Neolync Telecommunication Private Limited
07.2024 - Current
- Supported business expansion efforts through strategic sourcing initiatives tailored towards emerging markets or product lines
- Enhanced procurement efficiency by streamlining the purchasing process and implementing cost-saving measures
- Developed comprehensive reporting tools, providing insight into purchasing performance metrics and highlighting areas for improvement in the procurement process
- Implemented a supplier evaluation system, ensuring consistent quality standards among vendors
- Collaborated with internal departments to identify product needs and specifications for optimal sourcing strategies
- Negotiated with suppliers for favorable pricing, resulting in reduced costs and improved profit margins
- Administered purchase order processes and placed orders as requested, streamlining ordering process and receipt organization for future reference
- Managed supplier performance, addressing any issues or discrepancies that arose during transactions
- Maintained complete documentation and records of all purchasing activities.
- Communicated with suppliers to negotiate best pricing on apparel and accessories.
Senior system engineer
Cognizant technology's private limited
04.2023 - 07.2024
- Having1.3 year experience as a senior system engineer in Cognizant technology's private limited
- Developed and maintained comprehensive documentation for all systems, ensuring easy reference for future maintenance and troubleshooting tasks
Procurement and Sourcing Team
NEOLYNC telecommunication private limited
08.2021 - 03.2023
- Having1.7 year experience as a procurement and Sourcing team in NEOLYNC telecommunication private limited
- Managed relationships with over50 suppliers, ensuring timely delivery of quality materials and services
- Conducted regular performance evaluations to maintain supplier standards
- Managed procurement processes for office supplies, equipment, and services, ensuring timely and cost-effective purchasing
- Coordinated with the finance department to ensure accurate and timely payment of invoices
- Utilized procurement software to track purchase orders, manage inventory, and generate reports
- PR to PO process handling multiple projects indirect materials monthly and maintaining the ETA as per scheduled
- Developing new Vendors as per the company requirement and registering new vendor in SAP
- Developed sourcing strategies to identify new suppliers and reduce material lead times
Education
SSC -
Z.P High School
03.2012
B.Tech - Civil Engineering
Siddharth Institute of Engineering And Technology
01.2020
Intermediate - undefined
ANU Vocational Junior College
04.2016
Skills
- Procurement and Sourcing
- Supplier Relationship Management
- Cost Reduction Strategies
- Purchase Order Processing
- Compliance and Regulatory Adherence
- Communication and Interpersonal Skills
- Strategic Sourcing
- Purchasing management
- Procurement strategy development
- New vendor setup
- Price negotiation
- Teamwork
- Vendor in SAP
- Quality assurance
- Materials sourcing
- Procurement procedures
Languages
English
Advanced (C1)
Telugu
Bilingual or Proficient (C2)
Timeline
Buyer Specialist
Neolync Telecommunication Private Limited
07.2024 - Current
Senior system engineer
Cognizant technology's private limited
04.2023 - 07.2024
Procurement and Sourcing Team
NEOLYNC telecommunication private limited
08.2021 - 03.2023
B.Tech - Civil Engineering
Siddharth Institute of Engineering And Technology
Intermediate - undefined
ANU Vocational Junior College
SSC -
Z.P High School
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