Summary
Overview
Work History
Education
Skills
Additional Information
Timeline
Generic
Nitin Kumar

Nitin Kumar

Procurement Officer
New Delhi

Summary

Supply Chain Management | Purchase Operations Organized, results-driven individual, targeting assignments that enable the use of administrative and leadership skills to positively contribute to the organization. Profile Summary A competent professional with nearly 14 years of experience in managing entire supply chain cycle right from demand planning to order fulfilment, material/ supply planning and inventory management Currently associated with Sterling oil exploration and power transmission ltd as Procurement officer , successfully managing procurement with a team of 15 members Key strategist with expertise in developing procurement related processes & strategies focused on transforming procurement function into a value creation group by working in collaboration with senior management and strategic supplier alliances Impressive success in leading the procurement of items involving Indirect Material procurement, Consumables, Capex, packings, Labels, Chemicals, Tooling, Tools and Spares and Bought out parts with Job works, Contracts, Housekeeping material, Stationary, Civil work, R&D items, and IT items procurment to the tune of INR more than 1 million dollar on a monthly basis; ensuring purchase plans are aligned with operational requirements Resourceful in nurturing relationship with vendors from placement of order till delivery of shipment, improving supplier performance through structured supplier quality improvement programs involving supplier audits, performance monitoring & improvement and relationship management Expertise in maintaining warehouses for smooth flow of operations and ensuring optimum inventory levels to achieve maximum cost savings Skilled in order planning & execution, management & monitoring of receipt of all incoming materials, receiving inspection, storage, issue, stock verification, stock control and identification of surplus & obsolete materials and disposal of scrap Expertise in implementing cost saving measures and attaining substantial savings in capital & operational expenditure Team-based management style; determining company’s mission & strategic direction; conducting training sessions on various stages for operational excellence Since Nov’14 with BCH Electric Ltd., Faridabad as Assistant Manager (Supply Chain Management) An ISO 9001:2008 Company, one of the leading manufacturers of Low Voltage Electrical and Electronic Controls in India. Jul’11-Nov’14 with SMC Pneumatics India Pvt. Ltd., Noida as Engineer - Purchase SMC India is a 100% subsidiary of SMC Corporation Japan, the world leader in Pneumatics. It has three state-of-art manufacturing facilities in India. Jul’09-Jul’11 with Subros Ltd., Noida as Assistant Engineer - Purchase India's no. 1 Auto AC System Marking Company JV with Denso Corporation Japan & Suzuki. Key Impact Areas Strategic Planning & Leadership Procurement/ Purchase Packaging Operations Order Execution Vendor Development & Management Logistics & Warehousing Material Management Quality & Cost Control Process Improvement Team Management Employment Details Receiving daily information from existing suppliers of machining items Maintaining daily stock, purchasing records/ data and pricing in the system, reviewing standard costs annually and monitoring purchase price variation Informing senior management regarding potential material shortages and price fluctuations to drive strategic planning Guiding team, imparting knowledge about company requirements and helping them in improving performance Acting as a go-to person for identifying improvement areas and driving innovative solutions towards sustainable change Results-driven Procurement Officer offering superior research abilities, sound judgment and meticulous organizational skills. Meets internal supply needs while maintaining budget and operational goals. Hardworking Procurement professional with 14 years of experience maintaining vendor relationships to facilitate cost-effective and timely purchasing functions. Excellent negotiation and contract development skills with p Respectful Procurement Specialist.Analytical performer with price dispute resolution experience. Considered an enthusiastic employee with great decision making skills. 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. To seek and maintain full-time position that offers professional challenges utilizing interpersonal skills, excellent time management and problem-solving skills. Hardworking and passionate job seeker with strong organizational skills eager to secure entry-level Procurement Officer position. Ready to help team achieve company goals. Organized and dependable candidate successful at managing multiple priorities with a positive attitude. Willingness to take on added responsibilities to meet team goals.

Overview

2
2
years of professional experience

Work History

Procurement Officer

Sterling Oil Exploration And Power Transmission Ltd.
Lagos
11.2021 - Current
  • Built relationships with vendors to negotiate ideal terms for purchases.
  • Input, analyzed and reported on data covering all aspects of procurement operations.
  • Set up and negotiated contracts to obtain favorable pricing and delivery structures.
  • Evaluated internal needs and developed plans for maintaining optimal supply levels.
  • Procured materials for squadron maintenance and repair services.
  • Developed and strengthened supplier relationships.
  • Maintained current understanding of pricing structures, market conditions and trends in industry.
  • Oversaw inventory control, accounting, and supply reports.
  • Identified new and more cost-effective suppliers through participation in industry networking events, purchasing advantageous packages, and cutting costs.
  • Maintained effective and lasting vendor relationships through dynamic communication, collaboration, and intelligent questioning skills.
  • Maintained ongoing communication with suppliers to promote workflow and respond to inquiries.
  • Maintained up-to-date database of suppliers, vendors and contracts to support accurate recordkeeping.
  • Tracked purchase orders and followed up with vendors and carriers to support timely deliveries.
  • Monitored pricing trends and negotiated pricing to optimize profitability.
  • Promoted superior customer experiences by leveraging understanding of color, trends, styles, benefits and product value perception.
  • Researched and identified potential new suppliers to increase vendor base.
  • Collaborated with stakeholders to align supply chain processes with organizational goals.
  • Carefully read and interpreted requisition orders to understand specialized terms and requirements.
  • Evaluated supplier performance and identified areas for improvement.
  • Analyzed market trends and identified optimal sources of supply to maximize cost savings.
  • Performed complex data analysis to identify cost-saving opportunities and forecast future demands.
  • Established relationships with vendors and suppliers to streamline procurement operations.
  • Negotiated with vendors on freight costs, cutting shipping prices by Number%.
  • Negotiated contracts and agreements with suppliers to achieve best pricing and terms.

Education

PGDBA - Materials

CLMT, UGC Approved University

GDBA - undefined

CLMT, UGC Approved

Diploma - Mechanical

G.B. Pant Polytechnic

Skills

Technical Skillsundefined

Additional Information

  • Leading functions involving indirect procurement, capital expenditure, packaging, inventory planning, and material management Managing the procurement of Plating Material, Casting Material, Housekeeping and IT Items as per organizational requirements Strategizing towards achieving maximum cost savings without hampering the process Identifying & developing potential vendors and managing a high-performance supplier base for sourcing of materials Developing long-term partnerships with local & overseas suppliers, providing requirements and managing day-to-day supplier performance to ensure meeting of service, cost, delivery and quality norms Administering purchase lifecycle and coordinating with suppliers to clarify techno-commercial aspects; negotiating with the suppliers to clarify contract, delivery, term of payment and other issues to optimize cost, delivery time & conditions Keeping updated with market trends in terms of innovation, technology, price fluctuations and other economic factors that directly or indirectly affect the company Tracking inventory levels; identifying non-moving inventory and taking necessary steps to control inventory level Coordinating with Store & PPC Dept. for reducing inventory

Timeline

Procurement Officer

Sterling Oil Exploration And Power Transmission Ltd.
11.2021 - Current

PGDBA - Materials

CLMT, UGC Approved University

GDBA - undefined

CLMT, UGC Approved

Diploma - Mechanical

G.B. Pant Polytechnic
Nitin KumarProcurement Officer