Strategic Sourcing Specialist with 7 (seven)-year multi cultured & global background in driving and coordinating sourcing efforts for material and service procurement. Focuses on cost savings and supplier development to support pre-procurement strategy and supply agreement negotiation. Collaborates with internal business units and supply chain stakeholders to achieve business goals. Dedicated professional with history of meeting company goals utilizing consistent and organized practices. Skilled in working under pressure and adapting to new situations and challenges to best enhance the organizational brand.
Overview
5
5
Languages
11
11
years of post-secondary education
7
7
years of professional experience
Work History
MANAGER SOURCING & SUPPLY CHAIN MANAGEMENT
RAM RATNA INFRASTRUCTURE PRIVATE LIMITED
KHOPOLI, MAHARASHTRA
06.2019 - Current
Interacted with vendors, store managers and other stakeholders to maintain on-time deliveries.
Monitored and analyzed sales records, trends or economic conditions to anticipate consumer buying patterns and determine suitable type and quantity of company inventory items.
Sourced new vendors in effort to boost range of products offered in store locations while reducing costs through strategic contract negotiations.
Quickly learned new skills and applied them to daily tasks, improving efficiency and productivity.
Proved successful working within tight deadlines and fast-paced atmosphere.
Used critical thinking to break down problems, evaluate solutions and make decisions.
Performed duties in accordance with all applicable standards, policies and regulatory guidelines to promote safe working environment.
Analyzed inventory to identify excess, slow-moving and obsolete inventory and overseen disposition.
Strengthened inventory processes to balance supply needs with budget and space limitations.
Analyzed spend data to identify and execute cost-savings, cost-avoidance and value analysis opportunities.
Managed and developed relationships with suppliers to attain maximum cost efficiency and leverage buying power.
Liaised with internal and external stakeholders to identify and leverage contract value opportunities.
Calculated and reported actual and projected sourcing savings by spend categories.
Participated in continuous improvement by generating suggestions, engaging in problem-solving activities to support teamwork.
Used SAP HANA MM Module to update and maintain functional documentation.
Cross-trained existing employees to maximize team agility and performance.
Lead team of 4 (four) engineering professionals.
Evaluated employees' strengths and assigned tasks based upon experience and training.
Delivered feedback to decision-makers regarding employee performance and training needs.
Maximized performance by monitoring daily activities and mentoring team members.
Reviewed performance data to monitor and measure productivity, goal progress and activity levels.
Expanded cross-functional organizational capacity by collaborating across departments on priorities, functions and common goals.
Engaged in both long and short-term project planning, strategizing for on-time, high-quality deliverables.
Devised and implemented short-term and long-term plans, optimizing supply chain management and improving value relating to annual expenditures.
Monitored performance of external vendor supply chains while handling internal logistics.
Attended weekly department head meetings to share information and voice concerns.
Worked closely with vendors and internal sourcing to establish relationships, fostering new opportunities, solutions and cost savings.
Completed administrative duties including annual capital budgeting, invoice review and approval, and weekly work schedules.
Negotiated with suppliers and vendors about contracts, policies and deadlines.
Established inventory targets, stock level and risk mitigation targets and managed flexibility strategy to optimize inventory.
Oversaw S&OP process, including demand planning, purchasing and logistics.
Negotiated contracts, policies and deadlines with suppliers and vendors.
Determined project specifications by thoroughly studying performance standards, requirements and technical studies.
Demonstrated respect, friendliness and willingness to help wherever needed.
Proved successful working within tight deadlines and fast-paced atmosphere.
Planned implementation of network enhancements and upgrades.
Managed application patches, data backup, security changes and network configuration and replaced boards, changed servers and loaded and tested software applications.
Identified and immediately resolved issues with network devices, including firewalls and servers
Installed, supported and maintained company hardware and software infrastructure according to best practices.
Maintained company servers, computers, printers, cables and other equipment.
Developed annual budgets in collaboration with financial director.
Drafted reports for leadership for use in strategic planning and decision making.
Documented procedures and business processes and shared information with appropriate stakeholders.
Executive- Strategic Sourcing
thyssenkrupp Elevator (India) Private Limited
Pune, Maharashtra
06.2015 - 04.2018
Managed INR 72 CR annual spend from Imported item categories
Represented India region as Extended Team Member (ETM) for machines, guide rails, pulleys, wire ropes & logistics to channel and manage spends cautiously leveraging and pooling demands on strategic supply partners
Managed spends and drove savings project leveraging sourcing tools like E Auction
Rolled out implementation of PRONET (Global Auction Tool) fro region India
Coordinated company product shipments and international transactions to eliminate freight delays.
Created and transmitted accurate documentation to governmental agencies for all import activities.
Coordinated and negotiated contracts to facilitate freight movements
Produced tables, pivot reports and charts for use in key decision-making processes.
Planned and led administration of management information system for achieving threshold-level performance.
Restocked inventory to sustain par levels and produced quarterly inventory audits and calculated, updated and presented reports.
Audited and corrected discrepancies in inventory numbers.
Reviewed and analyzed forecast data to determine and address inventory needs.
Analyzed inventory to identify excess, slow-moving and obsolete inventory and overseen disposition.
Management Representative- Strategic Sourcing
thyssenkrupp Elevator (Shanghai) Company Limited
Shanghai, China
10.2016 - 05.2017
Bill of Material (BOM) costing comparison across Asia Pacific for specific product lines to identify gaps & devise negotiation strategies with vendor
Introduced concept of Same Pricing Policy across Asia Pacific teams to identify hidden supplier costs and facilitate cost reduction/ avoidance
Interacted with vendors to complete project rollout.
Maintained effective and lasting vendor relationships through dynamic communication, collaboration and intelligent questioning skills.
Worked with departments to find new and better items to fulfill diverse needs.
Searched for hard-to-find items and found high-quality, reliable vendors.
Sourced and qualified bidders, obtained favorable pricing and finalized contracts.
Identified cost-effective vendors and set up favorable contracts, saving INR 3 CR per year (projected) in "Class A" & "Class C" Items.
Organized and maintained vendor records in accordance with corporate guidelines.
Helped to research, vet and onboard new vendors, set up contracts and establish connections.
Managed "Class A" vendor contracts and relationships through collaboration to maximize cost-effectiveness, optimize delivery schedules and maintain service standards.
Negotiated complex vendor agreements and built relationships across multiple commodities.
Achieved optimal goals by executing negotiation strategies for prices and services.
Managed vendor and contractor relations and negotiations across Asia Pacific facilities.
Education
MBA - OPERATIONS & SUPPLY CHAIN MANAGEMENT
NARSEE MONJEE INSTITUTE oF MANAGEMENT STUDIES
MUMBAI
08.2010 - 05.2015
Bachelor of Technology - Mechanical Engineering
NARSEE MONJEE INSTITUTE oF MANAGEMENT STUDIES
MUMBAI
08.2010 - 05.2015
High School Diploma -
LIONS ENGLISH SCHOOL
UT OF DADRA NAGAR HAVELI, DAMAN & DIU
06.2008 - 05.2010
Skills
Strategic sourcing
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Software
SAP HANA MM Module
Quote
There is a powerful driving force inside every human being that, once unleashed, can make any vision, dream, or desire a reality.
Business Development Executive at Kalcon Infrastructure (india) Private LimitedBusiness Development Executive at Kalcon Infrastructure (india) Private Limited