NIKHIL K
Bengaluru
Summary
Detail-oriented professional promoting expertise in supply chain planning. Confident Procurement Specialist knowledgeable in managing vendor relations, tracking products and the methods needed to obtain the best pricing.
Overview
10
10
years of professional experience
Work History
Procurement Specialist
INDO-MIM Limited
2021.08 - Current
- Reduced procurement costs by implementing strategic negotiation tactics with suppliers.
- Streamlined purchasing processes for increased efficiency and cost savings.
- Improved supplier relationships through regular communication and collaboration, enhancing overall service quality.
- Evaluated vendor performance using key performance indicators to ensure continuous improvement in service delivery.
- Developed and maintained detailed records of all procurement activities for accurate tracking and reporting purposes.
- Ensured compliance with company policies and industry regulations during the procurement process to minimize risks.
- Conducted market research to identify new suppliers, keeping abreast of industry trends and best practices in procurement management.
- Collaborated with cross-functional teams to develop project-specific procurement plans, aligning strategies with overall business objectives.
- Optimized inventory management by implementing just-in-time purchasing strategies, reducing stock holding costs without compromising on availability.
Senior Engineer
JSW Steel, Vijayanagar Works
2016.05 - 2021.08
- Analyzed and reported on inventory levels to determine purchasing requirements.
- Conducted research, identifying potential vendors and better pricing options.
- Worked with departments to find new and better items to fulfill diverse needs.
- Developed and implemented strategies to reduce operational costs.
- Maintained documentation for all purchases.
- Collaborated with internal departments to identify and manage demand for material and services.
- Defined and maintained documented category and supplier strategies using market and competitive data.
- Analyzed vendors and suppliers to select most suitable to deliver high-quality products at competitive pricing.
- Performed regular performance review with suppliers to drive continuous improvements.
Junior Engineer
JSW Steel, Vijayanagar Works
2013.11 - 2016.05
- Improved project efficiency by streamlining engineering processes and implementing innovative solutions.
- Reduced production downtime by developing comprehensive maintenance plans and training staff on preventive measures.
- Enhanced system reliability by conducting thorough root cause analyses and implementing corrective actions to prevent future issues.
- Optimized manufacturing processes by incorporating Lean principles and eliminating non-value-added activities.
- Implemented cost-saving measures, reducing overall expenses without compromising quality or functionality of deliverables.
- Adhered to timelines to meet quality assurance targets.
- Performed preventive maintenance and repairs on mechanical equipment.
Education
Bachelor of Engineering - Mechanical Engineering
Ballari Institute of Technology & Management
Bellary, IndiaSkills
- Effective Communication
- Supply Chain Planning
- Purchase Order Creation
- Quality Control
- Demand Forecasting
- Vendor Relationship Management
- Supply Chain Management
- Inventory Control
- Team Leadership
Timeline
Procurement Specialist
INDO-MIM Limited
2021.08 - Current
Senior Engineer
JSW Steel, Vijayanagar Works
2016.05 - 2021.08
Junior Engineer
JSW Steel, Vijayanagar Works
2013.11 - 2016.05
Bachelor of Engineering - Mechanical Engineering
Ballari Institute of Technology & Management
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