SAP MM Module
Naitik Patel
Assistant Manager
Vadodara
Summary
Professional in procurement with strong focus on strategic sourcing and vendor management. Skillful in negotiating contracts, optimizing supply chains, and ensuring cost-effective purchasing. Highly collaborative team player known for adaptability and achieving results in dynamic environments. Strong communication and organizational skills, with keen eye for market trends and quality standards.
Overview
12
12
years of professional experience
3
3
Languages
Work History
Assistant Manager
Aimtron Electronics Ltd
01.2022 - Current
- Reduced inventory costs with strategic planning and effective forecasting methods.
- Increased company profitability by identifying cost-saving opportunities within the purchasing department.
- Streamlined the purchasing process for improved efficiency and cost savings.
- Monitored global markets trends influencing raw material prices, informing strategic decision-making processes.
- Sourced vendors, built relationships, and negotiated prices.
- Performed monthly reconciliation of open purchasing orders.
- Negotiated pricing and terms with vendors to secure best value for company.
- Buying electrical components and mechanical components, like sheet metal, plastic, and casting commodity.
- RFQ Process and Finalize Quotation for Estimation.
- Conducted regular research to identify trends and cost saving opportunities.
- Created purchasing policies and procedures that complied with company standards and regulatory requirements.
- Enhanced supplier relationships by negotiating favorable contract terms and conditions.
- Procurement Specialist and Data Analyst.
Vendor Development Engineer
Matrix Comsec Pvt Ltd
01.2021 - 01.2022
- Answered questions and assisted customers with item selection and location.
- Strengthened vendor relationships by maintaining open communication and promptly addressing any concerns or issues.
- Met sales goals by offering excellent customer service.
- Managed a diverse portfolio of vendors, ensuring timely delivery of products and services to clients.
- Developed a new vendor for casting, sheet metal, plastic, and packaging commodity.
- Secured competitive pricing through effective negotiation strategies with suppliers.
- Negotiated favorable contracts with suppliers, resulting in cost savings for the company without sacrificing quality.
- Implemented an efficient vendor management system that streamlined operations and reduced administrative workload.
- Conducted regular reviews of vendor performance to maintain high service standards.
Purchase Executive
Techno Eletromech Pvt Ltd
06.2018 - 01.2021
- Prepared purchase orders accurately and followed up with suppliers to confirm receipt and delivery schedules.
- Resolved discrepancies between purchase orders and invoices promptly, maintaining a high level of accuracy in financial records.
- Maintained complete documentation and records of all purchasing activities.
- Improved supplier relationships through regular communication and transparent dealings.
- Maintained accurate records of purchases, pricing, and documentation for audit purposes.
- Collaborated with other departments to identify opportunities for cost reduction or process improvements within the purchasing function.
- Buying commodities like packaging, sheet metal, casting parts, and plastic granules.
Purchase Executive
Mahindra Gujarat Tractor Ltd
08.2014 - 06.2018
- Oversaw purchase order shipments by managing deadlines and cancellation dates.
- Established and managed supplier and vendor relationships.
- Maintained consistent email communication with stores and suppliers to confirm and track orders and verify price revisions on purchase orders.
- Verified receipt of items by comparing items received to items ordered and resolved shipment order errors with suppliers.
- Achieved cost savings by negotiating with suppliers and securing favorable contracts.
- Assisted in the development of purchasing strategies, resulting in improved supply chain performance.
- Handled buying of transmission part commodities like casting, forging, sheet metal, rubber, fasteners, etc.
- Coordinated with cross-functional teams to ensure timely delivery of materials for production needs.
- Processed purchase orders and invoices in accordance with company procedures.
- Utilized software to order, track and invoice product shipments.
- Collaborated with other departments to identify opportunities for cost reduction or process improvements within the purchasing function.
Education
Supply Chain Management - Logistics And Supply Chain Management
Indian Institute of Material Management
Vadodara, India 04.2001 -
Bachelor of Engineering - Mechanical Engineering
L C Institute of Technology
Mahesana, India 04.2001 -
Skills
Team leadership
Supply chain coordination
Negotiating
Procurement strategy
Sourcing techniques
Cost reduction
Supplier relationship management
Supply chain analytics
New vendor development
Procurement expertise
Strategic sourcing
RFQ Process
Supply chain management
International procurement
Data Analysis
Inventory analysis
Software
Epicor
Microsoft Excel
PowerPoint Presentation
Timeline
Assistant Manager
Aimtron Electronics Ltd
01.2022 - Current
Vendor Development Engineer
Matrix Comsec Pvt Ltd
01.2021 - 01.2022
Purchase Executive
Techno Eletromech Pvt Ltd
06.2018 - 01.2021
Purchase Executive
Mahindra Gujarat Tractor Ltd
08.2014 - 06.2018
Supply Chain Management - Logistics And Supply Chain Management
Indian Institute of Material Management
04.2001 -
Bachelor of Engineering - Mechanical Engineering
L C Institute of Technology
04.2001 -