MONIKA Konka Srinivasulu
Chennai
Summary
To leverage my extensive experience in procurement and supply chain management to drive cost savings, optimize vendor relationships and ensure seamless supply chain operations within the manufacturing industry.
Overview
8
8
years of professional experience
1
1
Certification
Work History
Senior Buyer
Lam Research India Pvt. Ltd
Bengaluru
05.2022 - Current
- Implemented purchasing strategies to meet organizational objectives while minimizing costs by 25%.
- Expertise in P2P and leading the current team KPI performance as per organizations goals.
- Collaborated with cross-functional team stakeholders to align procurement strategies with business objectives.
- Analyzed vendor performance metrics and facilitated the strategies to obtain 92% OTD on top players.
- Mentored junior buyers on complex purchasing processes and procedures.
- Managed inventory levels by monitoring stock movements across multiple warehouses and locations.
- Created reports on spending trends and upgraded P2P techniques which saved 1M$ in Scaling and Transportation.
- Implemented strategies for reducing supply chain costs without compromising quality standards or service levels.
- Conducted regular meetings with key suppliers to discuss upcoming projects and review performance metrics.
- Supervised and trained new employees in procurement.
- Synchronized supply chain inventory with customer demand to mitigate excess and obsolete inventory.
- Expeditor for multiple US and Malaysia Site for over 10+ customer and 70+ suppliers.
Senior Subject Mater Expert
Flextronics
Chennai
09.2016 - 05.2022
- Evaluated daily MRP (materials requirement plan) on an ERP system to determine material supply needs by issuing PO and take the appropriate actions to meet those needs while keeping overall inventory investment at or below targets (CRP, FLT and SMI process involved).
- Customers handled- Schneider Electric, HP, Whirlpool and Cisco.
- Strategic Sourcing, Logistics Management (Inco-terms), Pricing negotiation and handled invoice discrepancies.
- RFQ - Sourced suppliers, negotiated lead time, Cost, mode of transport and supplier setup for NPI and NPD.
- Successfully procured components and launched products from New Product Introduction to full scale production.
- Participated in Material Resource Board (MRB) and CAPA process.
- Maintained vendor relationships with over 50 vendors.
- Effectively met inventory targets and increased team performance by 30% through co-ordination and utilization of Pulse tool.
- Effectively managed shortages with zero line down throughout the tenure and received appreciation from internal and external customers.
- Met the year end targets of supply with strategic purchase, negotiation skills and Logistics management.
- Working closely with Directors and Managers to have effective process control and maintained optimum levels of communication to drive results.
- Domain expert/Lead for 11 SEA sites handling QMS, DMS and Audit preparation (inter-regional audit).
- Trained 50+ Buyers and ensured smooth onboarding process.
- Baan V, Pulse, MDSS, RFQ and tableau knowledge.
- Through process standardization & horizontal deployment of projects successfully reduced 10% of total Buyer workload and enabled automation across sites.
- Conducted monthly townhall for procurement sites and developed internal team communications and information for meetings.
Education
Bachelors of Engineering - Electrical And Electronics Engineering
S.A. Engineering College
Chennai05-2016
Skills
- Leadership & Team Management
- Cross-functional Collaboration
- Strategic Sourcing & Supplier Relationship Management
- Strong Analytics & Problem Solving
- Expert in MS office, Power BI, SAP & BAAN
- Risk & Cost Management
Languages
Telugu
First Language
English
Proficient (C2)
C2
Tamil
Proficient (C2)
C2
Certification
- SCM Pro certified
Timeline
Senior Buyer
Lam Research India Pvt. Ltd
05.2022 - Current
Senior Subject Mater Expert
Flextronics
09.2016 - 05.2022
Bachelors of Engineering - Electrical And Electronics Engineering
S.A. Engineering College
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