LOKESHA KUMARASWAMY

• 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.

• 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.

• 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.

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.
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