Summary
Overview
Work History
Education
Skills
Interests
Software
Hobbies:
Timeline
Generic

LOKESHA KUMARASWAMY

SENIOR PURCHASE MANAGER
No. 1687, Nammane, HMT Layout, Nagasandra, Bengaluru, Karnataka.,KA

Summary

Dynamic Senior Purchase Manager with 20+ years at Unibic Foods India, adept at strategic sourcing and contract negotiation. Achieved significant cost reductions through supplier performance optimization and procurement automation. Proven leader in cross-functional collaboration, enhancing team capabilities and driving continuous improvement in purchasing processes. Strong analytical skills complemented by effective communication.

Overview

21
21
years of professional experience
5
5
Languages

Work History

SENIOR PURCHASE MANAGER - 13 YEARS

UNIBIC FOODS INDIA PVT LTD
08.2012 - Current
  • Developed and implemented strategic sourcing strategies that enhanced supplier performance and reduced procurement costs.
  • Led cross-functional teams to negotiate contracts, resulting in improved terms and stronger supplier relationships.
  • Conducted market analysis to identify trends and opportunities, ensuring alignment with organizational goals and objectives.
  • Streamlined purchasing processes by introducing automation tools, increasing efficiency and reducing cycle times.
  • Mentored junior procurement staff, fostering professional development and enhancing team capabilities in strategic sourcing.
  • Collaborated with stakeholders to forecast demand and optimize inventory levels, ensuring product availability and minimizing stockouts.
  • Analyzed supplier performance metrics and initiated corrective actions, driving continuous improvement in procurement operations.
  • Established and maintained strong relationships with key suppliers, enhancing negotiation leverage and securing favorable contract terms.
  • Negotiated contracts with suppliers for optimal pricing, quality, and delivery terms.
  • Conducted market research to identify new suppliers and obtain competitive quotations.
  • Reduced order lead times by working closely with suppliers to expedite shipments when necessary.
  • Trained purchasing team to assess vendor capabilities, develop sources and evaluate vendor performance.
  • Recorded price histories, vendor relationship issues and purchasing document terms Software.
  • Coordinated logistics activities related to transportation, shipping, and warehousing of purchased goods.
  • Conducted re-negotiations with vendors on rejections, disposition and adjustment of purchased materials not meeting specifications.
  • Increased procurement efficiency by implementing effective strategies and streamlining processes.
  • Streamlined vendor payment process by collaborating with finance department on invoice reconciliation efforts.
  • Optimized supply chain operations by identifying areas for improvement and implementing appropriate solutions.
  • Enacted policies while avoiding shortages of critical materials and supplies.
  • Facilitated continuous improvement within the purchasing department by regularly reviewing processes and practices for potential enhancements.
  • Evaluated supplier performance through regular reviews, addressing any issues or concerns promptly.
  • Analyzed spend data to identify cost-saving opportunities across various categories and suppliers.
  • Established achievement targets and identified actions to reach objectives and operational goals.
  • Collaborated with cross-functional teams on new product launches, coordinating purchasing activities accordingly.
  • Collaborated with key stakeholders to facilitate delivery and compliance with purchasing strategy.
  • Negotiated contract terms with vendors to balance cash flow against possible price savings with technical and operational input from stakeholders and colleagues.
  • Managed, coached and developed high-performing buyers to meet objectives, deliver results, and add value to purchasing department.
  • Developed strong relationships with vendors to improve communication and collaboration.
  • Maintained a comprehensive understanding of market trends, utilizing this knowledge in strategic decision-making processes.
  • Recommended market change solutions without compromising quality or service while optimizing cost.
  • Approved or rejected prices, terms and deliveries not in line with policy.
  • Developed risk mitigation strategies to protect against potential disruptions in the supply chain.
  • Assisted in the preparation of annual budgets, ensuring accurate forecasting of procurement costs.
  • Operated in accordance with health, safety and environmental policies and procedures for safety and well-being of staff and visitors.
  • Ensured compliance with company policies and procedures throughout all purchasing activities.
  • Managed a team of purchasing professionals, providing guidance and support for their development.
  • Reviewed and negotiated existing agreements to optimize commercial terms.
  • Implemented policies to reduce cost and eliminate waste.
  • Conducted regular research to identify trends and cost saving opportunities.
  • Sourced vendors, built relationships, and negotiated prices.
  • Used Software to authorize and monitor purchase orders and consumables.
  • Performed monthly reconciliation of open purchasing orders.
  • Purchased new products and oversaw inventory stocking and availability.
  • Coordinated paperwork, updated spreadsheets, and maintained permanent records.
  • Wrote standard operating procedures for department.
  • Generated reports, documents and analysis in Software for senior management review and approval.
  • Progressed through various purchasing, warehousing and leadership roles.
  • Monitored and evaluated vendor performance to determine compliance with quality standards.
  • Adjusted procedures to maximize department effectiveness.
  • Negotiated pricing and terms with vendors to secure best value for company.
  • Established and maintained accurate records of purchases, pricing and payment terms.
  • Cultivated strong relationships with vendors to maintain and improve levels of customer service.
  • Hired and trained purchasing staff to improve effectiveness of purchasing operations.
  • Reviewed and approved purchase orders and invoices for accuracy and completeness.
  • Reduced costs by streamlining contract bidding and procurement processes to assure best prices for materials and services.
  • Communicated regularly with suppliers to uphold accountability for quality standards and timely delivery of goods.
  • Generated reports on purchasing activities to support management decisions.
  • Developed and tracked metrics to measure supplier performance and cost savings.
  • Monitored inventory levels and avoided shortages with timely replenishment of stock.
  • Scrutinized purchasing data to identify areas for improvement and cost savings.
  • Identified opportunities to reduce lead times and improve inventory management.
  • Researched and evaluated potential suppliers to determine best fits for company needs and to identify cost savings opportunities.
  • Tracked contract performance metrics and reported issues or non-compliance with appropriate stakeholders.
  • Completed monthly profit and loss performance reports.
  • Analyzed market and delivery systems to assess present and future materials availability.
  • Collaborated with internal stakeholders to create timely and accurate purchase orders.
  • Devised and implemented strategies to optimize purchasing processes and reduce costs.
  • Assessed areas of service concern and developed improvement plans.
  • Created purchasing policies and procedures that complied with company standards and regulatory requirements.

SENIOR PURCHASE EXECUTIVE - 2 YEARS

UNIBIC FOODS INDIA PVT LTD
08.2010 - 07.2012
  • Developed and maintained supplier relationships, ensuring timely procurement of quality materials, resulting in enhanced operational efficiency.
  • Analyzed market trends and pricing strategies to optimize purchasing decisions, contributing to significant cost savings.
  • Coordinated cross-functional teams to streamline procurement processes, improving turnaround times for product availability.
  • Implemented inventory management systems that increased accuracy and reduced excess stock levels, enhancing cash flow.

EXECUTIVE DISPATCH & LOGISTICS - 2 YEARS

UNIBIC FOODS INDIA PVT LTD
08.2008 - 07.2010
  • Streamlined logistics operations by optimizing routing schedules, significantly improving delivery times and operational efficiency.
  • Coordinated cross-functional teams to enhance supply chain processes, resulting in increased accuracy and reduced delays.
  • Managed the dispatch of goods using advanced tracking systems, ensuring timely deliveries and minimizing customer complaints.
  • Implemented process improvements that reduced operational costs and boosted overall productivity within the logistics department.
  • Conducted thorough analysis of transportation metrics, identifying opportunities for optimization and driving continuous improvement initiatives.
  • Optimized operational efficiency by redesigning processes, systems, and workspaces for increased productivity.
  • Supervised creation of exciting merchandise displays to catch attention of store customers.
  • Reduced budgetary expenditures by effectively negotiating contracts for more advantageous terms.
  • Scheduled employees for shifts, taking into account customer traffic and employee strengths.
  • Reported issues to higher management with great detail.

STORES EXECUTIVE- 3.5 YEARS

UNIBIC FOODS INDIA PVT LTD
01.2005 - 07.2008

Inventory and stock management

  • Receive, unload, and check goods against purchase orders.
  • Track inventory levels and ensure timely restocking.
  • Systemize stock rotation to ensure a "first in, first out" (FIFO) and (FEFO ) approach to minimise spoilage.
  • Keep accurate records of stock and update them in the relevant system daily.
  • Handle returns and damaged products.
  • Conduct monthly, half-yearly, and annual inventory counts.

Store operations and management

  • Ensure the store is clean, organized, and visually appealing.
  • Manage cash registers and financial transactions.
  • Collaborate with other departments and functions, such as accounts and quality assurance.
  • Train and supervise store staff.
  • Implement company policies and procedures.
  • Prepare and analyze sales and other reports.

Education

Bachelor of Arts -

SHESHADRIPURAM FIRST GRADE COLLAGE
BANGALORE, KARNATAKA, INDIA
2007

Associate of Arts - 2nd PUC

ADICHUNCHANAGIRI PU COLLAGE
CHANNARAYAPATRA TQ, HASSAN DIST
2004

High School 2002 - SSLC

GOVT HIGH SCHOOL
DIDAGA, CHANNARAYAPATRA TQ, HASSAN

Skills

Strategic sourcing

Interests

Learning Technology

Software

SSERP

Microsoft Navigen , Dynamic

Tally 90

Hobbies:

Playing Badminton

Reading Books

Swimming

Watching Movies

Timeline

SENIOR PURCHASE MANAGER - 13 YEARS

UNIBIC FOODS INDIA PVT LTD
08.2012 - Current

SENIOR PURCHASE EXECUTIVE - 2 YEARS

UNIBIC FOODS INDIA PVT LTD
08.2010 - 07.2012

EXECUTIVE DISPATCH & LOGISTICS - 2 YEARS

UNIBIC FOODS INDIA PVT LTD
08.2008 - 07.2010

STORES EXECUTIVE- 3.5 YEARS

UNIBIC FOODS INDIA PVT LTD
01.2005 - 07.2008

Bachelor of Arts -

SHESHADRIPURAM FIRST GRADE COLLAGE

Associate of Arts - 2nd PUC

ADICHUNCHANAGIRI PU COLLAGE

High School 2002 - SSLC

GOVT HIGH SCHOOL
LOKESHA KUMARASWAMYSENIOR PURCHASE MANAGER