RISHI KUMAR BHARDWAJ

Material Planner

Alstom Transportation India Limited

02.2024 - Current

Leveraged understanding of sourcing, procurement, MRP, inventory, logistics and production principles to drive continuous optimization.
Analyzed and evaluated price, availability and quality for bids to thoroughly review competitive proposals.
Negotiated pricing, payment terms, and delivery schedules with suppliers.
Negotiated favorable contracts with vendors to achieve desired price points and delivery schedules.
Identified potential suppliers and established partnerships to secure optimal sourcing opportunities.
Analyzed supply chain risks to ensure continuity of supply while minimizing potential disruptions or delays.
Maintained accurate records of all sourcing activities within company databases for future reference and analysis.
Established long-term purchasing agreements LTAs with strategic suppliers to secure favorable terms and reduce risk exposure.
Evaluated supplier capabilities by conducting on-site assessments and analyzing financial stability reports.
Conducted supplier performance evaluations to ensure quality products and services were delivered on time.
Reduced lead times and improved inventory turns to better serve organizational needs.
Conducted market research to evaluate pricing trends and identify cost-saving opportunities.
Reviewed requisitions for accuracy and completeness before creating purchase orders.
Assisted in development of annual procurement budgets based on historical data and projected needs.
Managed vendor contracts, ensuring compliance with established terms and conditions.
Implemented cost-saving initiatives through strategic sourcing practices.
Resolved invoice discrepancies by working closely with accounting department and vendors.
Monitored inventory levels and adjusted purchasing strategies accordingly.
Coordinated with suppliers to ensure timely delivery of materials.
Collaborated with purchasing department to source materials.
Created detailed reports on inventory status and availability for management review.
Planned, created and controlled work orders and purchase orders to achieve desired key performance indicators.
Utilized ERP systems for efficient data analysis and reporting purposes.
Worked closely with engineering team to understand product changes and their impact on materials planning.
Maintained material ordering parameters to align with inventory goals.
Created detailed reports on inventory levels, turnover rates, and overall performance metrics.
Monitored slow-moving or obsolete inventory items, taking necessary actions for disposal or liquidation.
Participated in cross-functional teams to resolve supply chain issues.
Tracked key performance indicators KPIs related to material planning activities.
Provided input on cost-saving initiatives related to material procurement and management.
Reconciled vendor confirmations and updated SAP to facilitate accurate pricing, quantities and delivery dates.
Resolved issues by working effectively with suppliers and vendors.
Trained new team members on procurement processes, tools, systems, policies.

Summary

Overview

Work History

Material Planner

Education

Bachelor of Engineering - Mechanical Engineering

Skills

Accomplishments

Timeline

Material Planner

Bachelor of Engineering - Mechanical Engineering

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