Nitin Solanki
Gautam Budh Nagar
Summary
Dedicated purchasing professional specializing in Purchasing,Negotiation, Vendor Development , vendor relations and inventory management. Organized and proactive with remarkable project management, communication and planning abilities. Exceptional leader skilled at reducing costs and increasing department efficiency.
Overview
6
6
years of professional experience
Work History
Sr. Purchase Executive
Pioneer Automation Machines (P) Limited.
01.2024 - Current
- Sourced vendors, built relationships, and negotiated prices.
- Performed monthly reconciliation of open purchasing orders.
- Purchased new products and oversaw inventory stocking and availability.
- Coordinated paperwork, updated spreadsheets, and maintained permanent records.
- Monitored and evaluated vendor performance to determine compliance with quality standards.
- Conducted regular research to identify trends and cost saving opportunities.
- Negotiated pricing and terms with vendors to secure best value for company.
- PO creation & approved with authorized signatory
- PO send to the supplier & follow up with supplier
- Transportation arrangements
- To check bills as per purchase order. ( service tax, pan card, etc.)
- Vendor payment follow-up.
- Handling over all cheques prepared by Finance dept. to vendor as per schedule also doing the follow up for the same
- Resolve supply, quality, service and invoicing issues with vendors
- Negotiates with vendors for annual maintenance contract (AMC) Procurement of all kinds of material as well as (electrical, plumbing, hardware, paintings. etc.).
- Enquiry, get quotations, negotiation for best rates/services/delivery, make comparative statement and get approved from management, Identifying and selection of vendors
- Project Negotiation.
- Vendor Development.
- Reviewed and negotiated existing agreements to optimize commercial terms.
- Sourced and vetted new vendors to meet purchasing needs.
- Negotiated pricing structures, delivery schedules and other contract parameters.
- Coordinated with inventory control to determine and manage inventory needs.
- Tracked orders and shipments to inform warehouse manager of incoming loads.
- Managed vendor and supplier selection process based on price, quality and reliability.
- Prepared and processed requisitions and purchase orders for supplies and equipment.
Sr .Purchase Executive
Graiin Milling Solutions (Engineer & Consultant)
03.2020 - 01.2024
- Purchased new products and oversaw inventory stocking and availability.
- Implemented policies to reduce cost and eliminate waste.
- Sourced vendors, built relationships, and negotiated prices.
- Coordinated paperwork, updated spreadsheets, and maintained permanent records.
- Performed monthly reconciliation of open purchasing orders
- Reviewed and approved purchase orders and invoices for accuracy and completeness.
- Negotiated pricing and terms with vendors to secure best value for company.
- Communicated regularly with suppliers to uphold accountability for quality standards and timely delivery of goods.
- Negotiated pricing and terms with vendors to secure best value for company.
- Researched and evaluated potential suppliers to determine best fits for company needs and to identify cost savings opportunities.
- Raising purchase order on the basis of purchase requisition with proper taxations Follow up with vendors for material & timely inward of stock in to the system.
- Evaluate supplier performance based on quality standards, delivery time & best prices and ensure all the criteria are met according to the organizational requirements and expectation.
- Arrange Quotation- arrange min 3 quotation with supplier
- Negotiation- Negotiate with supplier
- Prepare comparison sheet of items
- PO creation & approved with authorized signatory.
- PO send to the supplier & follow up with supplier.
- Generated reports, documents and analysis in [Software] for senior management review and approval.
Purchase Executive
Shri Rathi Steel Limited
02.2018 - 03.2020
- Negotiated with vendors to procure best prices and quickest service for equipment and supplies.
- Directed preparation of purchase orders or bid requests to meet material needs for production operations.
- Negotiated contracts to set prices, quality standards and cost-reduction targets for long-term operational success.
- Placed purchase orders with suppliers for Product or Service as required by forecast and production schedule.
- Directed preparation of purchase orders or bid requests to meet material needs for production operations.
- Negotiated with vendors to procure best prices and quickest service for equipment and supplies
- Sourced vendors, built relationships, and negotiated prices.
- Purchased new products and oversaw inventory stocking and availability.
- Negotiated pricing and terms with vendors to secure best value for company.
- Researched and evaluated potential suppliers to determine best fits for company needs and to identify cost savings opportunities.
- Reviewed and approved requisitions enabling purchasing department to start purchasing process.
- Make purchase orders
- Price negotiation
Education
M.COM - Accounting And Business Management
Mihir Bhoj PG Collage Dadri
Dadri, India04.2018
B.COM - Accounting And Business Management
I.M.E COLLAGE
Sahibabad, India04.2016
12th - Accounting
Diwakar Model School
Sahibabad, India04.2013
10th - Science Education
Diwakar Model School
Sahibabad, India04.2010
Skills
- Price Negotiation
- Vendor Relationship Management
- Inventory Coordination
- Document Preparation
- Supplier Relations
- Logistics Coordination
- Vendor Sourcing
- Cost Reduction
- Contract Negotiation
- Procurement Expertise
- Purchase Order Management
- Pricing Negotiations
- Materials Planning
Hobbies
Listening music, Watching movies, Playing games, Reading Books in free times etc.
Languages
English
Hindi
Timeline
Sr. Purchase Executive
Pioneer Automation Machines (P) Limited.
01.2024 - Current
Sr .Purchase Executive
Graiin Milling Solutions (Engineer & Consultant)
03.2020 - 01.2024
Purchase Executive
Shri Rathi Steel Limited
02.2018 - 03.2020
M.COM - Accounting And Business Management
Mihir Bhoj PG Collage Dadri
B.COM - Accounting And Business Management
I.M.E COLLAGE
12th - Accounting
Diwakar Model School
10th - Science Education
Diwakar Model School
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