NITESH MALIK
Faridabad
Summary
Qualified Buyer with a proven track record in managing all aspects of the procurement process. Skilled in researching suppliers, requesting bids, analyzing quotes, planning purchases, and overseeing documentation of purchase orders to finalize purchasing decisions. Talented in maintaining excellent professional relationships with key suppliers.
Overview
9
9
years of professional experience
Work History
Deputy Manager
Knorr Bremse India Private Ltd
Palwal
06.2022 - Current
- Handing complete Indirect purchase as well as international purchase including the following: -
- CAPEX : Domestic & imported machines, buildings & infrastructure expansion, Office equipment, Furniture, IT equipment & Software, Vehicles etc
- Introduced new methods, practices, and systems to reduce turnaround time.
- Evaluated suppliers to maintain cost controls and improve operations.
- Performed statistical analyses to gather data for operational and forecast team needs.
- Implemented process improvement to shape organizational culture, optimize procedures for higher efficiency and help company evolve and grow.
- OPEX: Machine, Utilities & Building rent, Solar power implementation etc
- MRO: Domestic & Imported machine’s spares, installations, Service, Consumables, Tools, Measuring Equipment etc
- Consumable Items: Packing material, Stationery, Housekeeping, Pantry items, Oil, Lubricating Items etc
- AMC: Annual maintenance contract of different machines and utilities like AC, Lift, Air Compressor, CCTV Camera, AHU etc
- Events: Annual Function, Painting Competition, Cricket Match, Festivals, Farewell Parties etc
- Timely send RFQ, receive quotations and organize technical approvals from respective department’s head
- Prepare techno commercial comparisons, benchmarking and negotiate with suppliers on lead-time, cost and quality
- Manage suppliers to meet objectives related to cost, delivery performance, schedule, and quality
- Importing the shipments from Japan, China, Germany, Singapore, USA, Italy etc via Sea as well as Air mode.
- Saved total 1.2 Cr in FY22-23 by identifying scope in wooden & corrugated packaging and for MRO items which was earlier imported.
- Saved total 30 lakh by developing alternate suppliers for soft boards and PP sheets respectively by negotiating with existing vendors and adding new vendors.
- Conducted re-negotiations with vendors on rejections, disposition and adjustment of purchased materials not meeting specifications.
- Reviewed and negotiated existing agreements to optimize commercial terms.
- Performed monthly reconciliation of open purchasing orders.
Assistant Manager
APTIV Components India Pvt Ltd
Dharuhera
05.2020 - 06.2022
- Expertise in handling purchasing responsibility of Wiring Harness
- Purchasing of commodities like Plastic parts and catalogue products & establish and negotiate contract terms and conditions.
- PO updating based on Forex , RM price variation ,RFQ Management and closure as per scheduled time frame.
- Sourcing components globally to get best cost and quality in products
- Organize and execute the strategic sourcing strategies of Operating supplies category created by Management
- Identify new sources for better pricing and other beneficial terms, Negotiate with vendors on contract price
- Cost saving through increase in productivity, Value engineering resourcing and localization.
- Possess good Leadership, communication, analytical, planning, & execution skills to adapt the constantly changing priorities.
- Mentored team members to enhance professional development and accountability in workplace.
Assistant Manager
Motherson Sumi Systems Limited
Noida
10.2018 - 04.2020
- Negotiated pricing for materials and supplies from vendors in an effort to secure the best value buying for all consumables required for production & plant needs.
- Specialist in MRO items as per industry need.
- Brought CAPEX Items as per company needs.
- Took tours of supplier facilities to establish lasting relationships and see products in person
- Built relationships with customers to increase likelihood of repeat business
- Resolved all customer complaints in a professional manner while prioritizing customer satisfaction & ensures all compliances
- Matched purchase orders with invoices and recorded the necessary information
- Taking care for all AMCs for all suppliers
- Achieved an annual savings of INR 40 lacks in consumables.
- Negotiated contract terms with vendors to balance cash flow against possible price savings with technical and operational input from stakeholders and colleagues.
- Reviewed and negotiated existing agreements to optimize commercial terms.
Purchase Engineer
MSSL Mideast FZE
Sharjah
06.2015 - 09.2018
- Negotiated pricing structures, delivery schedules and other contract parameters
- Evaluated supplier performance and worked with representatives to resolve issues
- Worked with production to understand and plan for materials
- Source and vetted new vendors to meet purchasing needs
- Brought in new accounts through successful networking strategies and promotional approaches
- Built and strengthened long-lasting client relationships based on accurate price quotes and customer-centric terms
- Maintained an extensive knowledge of competitors, their offerings and their presence in assigned territory
- Researched to determine which suppliers offer products to meet company purchasing needs
- Negotiated pricing to determine the best deal and save approximately 4-5% annually
- Performed competitor bench marking analysis and identified savings opportunities and potential product enhancements.
- Supported purchase efforts and negotiated best payment terms and contract conditions to maintain high level of integrity.
- Negotiated lead-time, cost and quality to obtain maximum company benefit.
Graduate Engineer Trainee
Motherson Sumi Systems Limited
Noida
04.2014 - 05.2015
- Maintain and reviewed computerized records of items purchased and costs associated with purchases
- Researched suppliers based on availability, quality selection price
- Negotiated with suppliers, vendors, and other representatives
- Ensured items received were items that were ordered by verifying receipts
- Monitored shipments to ensure goods were delivered on time and in good condition
- Completed all daily tasks and special assignments with an efficient and quality-driven approach.
Education
MBA - International Business
Dr. A.P.J. Abdul Kalam Technical University
Lucknow, INDIA05.2015
B-TECH (Bachelor of Technology) - Electronics & Communication
MAHAMAYA TECHNICAL UNIVERSITY
Noida, Uttar Pradesh05.2013
12th (Senior Secondary School) - Science Education
Kendriya Vidyalaya, CBSE BOARD
New Delhi, INDIA03.2009
High School Diploma -
Kendriya Vidyalaya, CBSE Board
New Delhi, INDIA03.2007
Skills
- CAPEX & OPEX
- MRO Items
- SAP, ORACLE
- Packaging & Inventory
- Overseas Experience ( United Arab of Emirates)
- International purchasing Multi-Plant experience Plant Consumables Proficient in MS Office
- Supply chain management AMC’s & Contracts
- Excellent Negotiation Skills
Languages
English
Upper intermediate (B2)
Hindi
Bilingual or Proficient (C2)
Timeline
Deputy Manager
Knorr Bremse India Private Ltd
06.2022 - Current
Assistant Manager
APTIV Components India Pvt Ltd
05.2020 - 06.2022
Assistant Manager
Motherson Sumi Systems Limited
10.2018 - 04.2020
Purchase Engineer
MSSL Mideast FZE
06.2015 - 09.2018
Graduate Engineer Trainee
Motherson Sumi Systems Limited
04.2014 - 05.2015
MBA - International Business
Dr. A.P.J. Abdul Kalam Technical University
B-TECH (Bachelor of Technology) - Electronics & Communication
MAHAMAYA TECHNICAL UNIVERSITY
12th (Senior Secondary School) - Science Education
Kendriya Vidyalaya, CBSE BOARD
High School Diploma -
Kendriya Vidyalaya, CBSE Board
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