MINOTI BANERJEE
Procurement Professional
Thane,Maharashtra
Summary
- Talented Procurement Professional & Qualified Cost Accountant, with 10 years' experience in Packaging Procurement & Project Network management in FMCG industry, Desiring opportunity for role as Procurement Manager
- Proven procurement skills such as Vendor selection, Negotiation, Supply Strategy & Vendor Relationship management, Sustainable Buying whilst handling Tubes, Folding Cartons, Corrugate Boxes & Toothbrush procurement portfolio for South Asia at Hindustan Unilever Ltd
- Acquired project management skills while handling innovation projects in Unilever
- Strong network Execution & delivery skills.
- Good understanding of product / Material costing while working in Mirc Electronics (Onida) & Unilever
- Proactive, enthusiastic, friendly and display go-getting attitude & high level of commitment to work
Overview
4
4
years of post-secondary education
21
21
years of professional experience
Work History
Assistant Procurement Manager - Rigid Packaging
Hindustan Unilever Ltd
Mumbai, Maharashtra
12.2020 - Current
- Devised Sourcing Macro which depicts Asset Utilization at Region wise & in total across all categories; Supports decision making for movement of moulds to locations closest to production sites saving freight cost & transit Leadtimes ( saved ~ 2.5% of spend for homecare category & 0.5 DOH reduction); Supports decision making in new assets investment depending on forecast received
Assistant Procurement Manager - Tubes
Hindustan Unilever Ltd
MUMBAI, Maharashtra
08.2017 - 12.2020
- Significantly contributed to Gross Margin Improvement by ~180 bps for Oral care & Skin Care Categories through cost negotiation & optimum vendor selection.
- Devised Sourcing Strategy to maximize use of Market & Blocked capacity (~ 3% benefit in spend) & minimize new investment, optimizing tube cost, for transition to recyclable tube buying.
- Contributed to transition of 100% PBL tubes to sustainable laminate & Supported initiation of ABL tube transition through negotiation of Material cost & Machine Capital expenditure cost with suppliers.
- Delivered YOY Cost reduction by 15% using various negotiation tools like e tender, enhanced Sourcing & Value benefit by minimizing vendor base.
- Contributed to 30% reduction in conversion cost for Oral care tubes via e tender in 2020
Sr. Procurement Executive - Paper & Board
HINDUSTAN UNILEVER LTD
MUMBAI, Maharashtra
06.2013 - 11.2016
- Significantly contributed to implementation of Performance Based Buying of Corrugate boxes (Sustainability & Saving Project with ~ 8% savings on spend)
- Led Sourcing Strategy change project for North India after Sunset clause got triggered across all packaging portfolios.
- Supported & guided team during movement to ensure smooth transition to new sourcing sites.
- Significantly contributed to implementation of Sheet Optimization & dimension reduction in Cartons (Sustainability & Saving Project ~ 5% savings on total spend).
- Achieved 70% sustainability sourcing of Paper & Board in line with USLP to reduce carbon foot print.
- Mandated all Vendors to have 100% PEFC or FSC certification & to produce COC for Paper & Board procurement.
- Consolidated Vendors ( from 54 to 35) and reduced Sourcing Complexity.
- Collaborated with Suppliers to improve their costs, quality & service levels.
- Transitioned to Corrugate Vendors having automated corrugation lines to produce better quality boxes
Procurement Executive
HINDUSTAN UNILEVER LTD
Mumbai, Maharashtra
02.2010 - 05.2013
- Played key role in delivering VIP initiatives in Toothbrushes under challenging market conditions ~ 5% on spend YOY. Done for 1st time for this portfolio
- Significant contribution to delivery of Project Grand Slam in record time of 6 months from Charter & 3 months from contract gate versus normal lead time of 12 months which has helped business in GM improvement & sales growth.
- Developed detailed open book cost model to support in validating saving opportunity of setting up consolidated supply base in SEA & facilitate long term contract sign off in Thailand.
Costing Executive
MIRC ELECTRONICS LTD - ONIDA
Mumbai, Maharashtra
04.2008 - 01.2010
- Product Pricing & Budgeting Played key role in analyzing actual material, freight, indirect costs such as travel & advertising costs vs. budgeted cost to improve product pricing.
- Improved system hygiene of material costs in SAP Contributed to analysis of Branch-wise & Model-wise contribution variance to identify loss making models & Branches and to help in decision making
- Created macros to ensure faster price uploads in SAP
Cost Trainee
INDIAN OIL CORPORATION LTD
MUMBAI, Maharashtra
01.2007 - 01.2008
- Streamlined payment process to ensure Vendors were paid in 15 days from date of receipt of invoices.
- Ensured timely preparation of quarterly & annual accounting schedules which was well appreciated by leadership team.
Accounts Assistant
SAVIORAY PETROCHEMCIALS LTD
Mumbai, Maharashtra
01.2001 - 01.2006
- Accomplished timely recording of all income & expenses to enable faster creation of P&L accounts, Balance Sheet & other documents essential for Financial Reporting
- Duly filed all the Sales Tax, Income Tax & Excise documents and maintained records for the information to be easily available at the time of assessment.
Office Assistant
Savioray Petrochemicals Ltd
Mumbai, Maharashtra
01.1998 - 01.2001
- Responsible for cheque & voucher preparation for timely payments to vendors, besides other office related activities.
- Managed petty cash consistently without any discrepancies in cash counting.
- Processed payments and documented account changes for financial accuracy and transparency.
Education
Post Graduation Degree - Cost & Management Accountancy
The Institute of Cost &Management Accountants
Kolkata, West Bengal 06.2005 - 09.2007
Diploma - Financial Management
Prin. L.N Welingkar Institute OfManagement Development
Mumbai, Maharashtra 01.2006 - 12.2006
Commerce
Mumbai University
Mumbai Maharashtra 06.2000 - 03.2001
Skills
Price Negotiation
Awards & Recognitions
- CEO Award for Packaging Sustainability (Team Award) (09/2016)
- Superstar Award for Managing Buying Transition during Lapse of Fiscal Benefits in North India (07/2014)
Timeline
Assistant Procurement Manager - Rigid Packaging
Hindustan Unilever Ltd
12.2020 - Current
Assistant Procurement Manager - Tubes
Hindustan Unilever Ltd
08.2017 - 12.2020
Sr. Procurement Executive - Paper & Board
HINDUSTAN UNILEVER LTD
06.2013 - 11.2016
Procurement Executive
HINDUSTAN UNILEVER LTD
02.2010 - 05.2013
Costing Executive
MIRC ELECTRONICS LTD - ONIDA
04.2008 - 01.2010
Cost Trainee
INDIAN OIL CORPORATION LTD
01.2007 - 01.2008
Diploma - Financial Management
Prin. L.N Welingkar Institute OfManagement Development
01.2006 - 12.2006
Post Graduation Degree - Cost & Management Accountancy
The Institute of Cost &Management Accountants
06.2005 - 09.2007
Accounts Assistant
SAVIORAY PETROCHEMCIALS LTD
01.2001 - 01.2006
Commerce
Mumbai University
06.2000 - 03.2001
Office Assistant
Savioray Petrochemicals Ltd
01.1998 - 01.2001
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