M. SURESH
Bengaluru
Summary
Experienced purchasing professional in various facets of material procurement from Domestic and International markets since 9+ years. Expertise in procuring IT products, Electrical & Electronic items, Consumables, Raw materials and Trading items. Skilled in signing the Rate contracts and streamlining the procurement processes, resulting in cost reduction and to improve on-time delivery. Excellent knowledge about ERP & e-Procurement software.
Overview
10
10
years of professional experience
Work History
Team Lead-Purchase
Empower Technologies
04.2024 - Current
- Monitoring & Managing team members for day-to-day procurement activities and ensuring the on-time delivery of materials
- Responsible for Sourcing, developing & planning the materials (IT Hardwares ,Electrical, electronic goods, packing materials, consumables & PPE's..etc) as per project deadline.
- Execution of Annual Rate Contracts with vendors for leverage items to get 10~12% cost reduction
- Localization of the Imported items which helps in cost saving and on-time availability
- Vendor Development and development of new products in coordination with R & D
- Conducting trainings for vendors to educate them about company's requirements and help them in improving their performance.
- Coordinating with production planning to meet customer priorities
- Coached team members in techniques necessary to complete job tasks.
- Managing risks and mitigated potential issues through proactive planning, monitoring, and timely decisionmaking.
Sr. Purchase Engineer
Kewaunee Labway India Pvt. Ltd
03.2019 - 03.2024
- Daily/weekly review of Raw Materials, Electrical & Electronic goods, Consumables, Packing materials and other trading items as per production/project schedule to ensure uninterrupted manufacturing and maintenance operations at plant
- Sourcing and developing an alternative local supplier for imported items & R&D team needs
- Monitoring & Preparing Goods Receipts in ERP on daily basis as per PO/ASN
- Negotiation with vendors in terms of cost, credit terms and delivery norms as per the plan
- Preparation & execution of Purchase Orders for Indented & project BOM materials
- Finalization of Annual Rate Contract / Annual Maintenance Contract with vendors for standard products and services
- To review and short close all the open Purchase orders on monthly basis to avoid mislead
- Streamlined procurement processes by implementing efficient strategies and techniques, resulting in cost savings and improved turnaround times.
Logistics- Executive
Hind High Vacuum Co. Pvt. Ltd
04.2017 - 02.2019
- Creating overseas PO's as per project requirement and forwarding to respective vendors
- Follow up with overseas vendors for material readiness and arranging the freight forwarders to Pickup those shipment when ready
- Enter, process, monitor and coordinate all import shipments, working closely with vendors, ocean carriers / freight forwarders, Customs brokers and trucking companies
- Negotiation with forwarding agents/Transporters for competitive rate and transportation & Signing the ARC with them with 7~8% price reduction
- Co-ordinate with CHA for shipment clearance after arrival
- Creating E-Way Bills for Import, Export & Local shipments
- Schedule and coordinate deliveries after customs clearance
- Preparing monthly and weekly reports and sending it to Management
Logistics- Executive
KSH Logistics (C/o.Bosch Ltd)
03.2016 - 04.2017
- Handling Import & Export Documentation
- Coordinating with the warehouse team for fast execution and delivery of consignments to meet as per customer KOM date
- Negotiation with forwarding agents/Transporters for competitive rate and transportation
- Generate E-Way Bills for Export & local shipments
- Follow up with shipping agents and ensure that proof of documents received on time and the same to submit DGFT for Duty drawback claim
- Co-ordinating with Delivery Agents / Transporter for delivery of shipments & Planning for Delivery
Dispatch- Executive
Mahindra Logistics (C/o Fossil Ltd)
04.2015 - 03.2016
- Handling of dispatch of Finished Goods as per customer needs
- Preparing complete set of dispatch documents (Invoice, PL, E-way bill)
- Transport/Courier arrangements as per dispatch plan
- To update dispatch info to customer by e-mail
- Co-ordination with transporter for timely delivery of shipments as per customer schedule
Education
Diploma - ECE
Govt. Polytechnic College
Krishnagiri, India03-2015
Skills
- Strategic sourcing
- Cost reduction strategies
- Demand forecasting
- Vendor development
- Annual contract signing
- Spend analysis
- Process improvement
- Logistics management
- Excellent communication
- Problem-solving abilities
- Vendor evaluation
Accomplishments
- Accomplished 3.65 Cr cost savings in the FY 23-24 which was 5% on the total procurement value of 74 Cr.
- A total of 16 Annual Rate Contracts were self-initiated and signed off in a year with 10~11% price reduction and revised credit terms.
- Successfully implemented Strategic Procurement plan and increased the On-time delivery from 68% to 95% & reduced the inventory by 12%.
Languages
Tamil
English
Kannada
Hindi (Beginner)
Training Course
Strategic Procurement Excellence, 2023
Disclaimer
I hereby declare that the above furnished details are true and correct to the best of my knowledge and belief.
Personal Information
- Father's Name: S. Madhesh
- Blood Group: O+
- Date of Birth: 04/25/95
- Gender: Male
- Nationality: Indian
- Marital Status: Married
- Religion: Hindu
Timeline
Team Lead-Purchase
Empower Technologies
04.2024 - Current
Sr. Purchase Engineer
Kewaunee Labway India Pvt. Ltd
03.2019 - 03.2024
Logistics- Executive
Hind High Vacuum Co. Pvt. Ltd
04.2017 - 02.2019
Logistics- Executive
KSH Logistics (C/o.Bosch Ltd)
03.2016 - 04.2017
Dispatch- Executive
Mahindra Logistics (C/o Fossil Ltd)
04.2015 - 03.2016
Diploma - ECE
Govt. Polytechnic College
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