Pankaj Ghodake

• Led strategic sourcing initiatives for diverse indirect spend categories including Special Cutting Tools (Hob, Shaper, Shaving, Broach, Power Skiving Cutter, POT Cutter, Grob Cutter, Blades & Durable Tools), Grinding Wheel, Quality (Measuring Instruments), Oil & Lubricants, Packaging, Paint & Chemical, EHS, MRO, Maintenance, AMC, HR Agreement (Canteen, Bus Transport Service, Uniform etc.), Fixtures, IT & Heat treatment, Capex ( Machines, Civil, Trunkey Project, Assembly Line & Other) managing annual revenue spend of over $2.91million & capex spend of over $1.05 million.
• Leading Strategic Buyer for India: Commodity - Cutting Tool & Oil Lubricants, Handling Almost 9 Plants across India & also supporting to Global team.
• Revenue Cost Saving Target 5% on annual spend: Secured $0.27 million in savings, nearly 9.4%, for 2024.
• LTA Agreement (TOD) Discount Structure for 3 Year. 1st Year 3%, 2nd Year 2% & 3rd Year 1%.
• year-over-year cost savings and improving supplier performance by 5%.
• Implemented [ERP & Genex system, SAP Ariba, BPCS & D1S] to streamline the purchasing process, resulting in a 5% reduction in cycle time and increased spend visibility across multiple departments.
• Developed and deployed global category management strategies aligned with business objectives, enhancing competitive advantage and ensuring compliance with company policies and industry regulations.
• Championed supplier relationship management programs, conducting regular performance evaluations and fostering collaborative partnerships to drive continuous improvement and mitigate risks.
• Mentored and coached junior buyers & Plant team for Excel Training, facilitating their professional development and contributing to a high-performing procurement team.
• Successfully managed multiple procurement projects, from inception to completion, including supplier selection, contract negotiation, and onboarding, ensuring timely delivery and optimal outcomes.
• Conducted market research and analysis to identify potential suppliers, evaluate capabilities, and negotiate favorable pricing and terms.
• Collaborated with internal stakeholders to understand their procurement needs and ensure alignment with business requirements.
• Processed purchase orders, tracked deliveries, and resolved any issues or discrepancies with suppliers to ensure smooth operations.

Contributed to the development and implementation of procurement policies and procedures, ensuring compliance with internal guidelines.

• * Top 6 Major Key Projects 2025 :

1) Localization in India: Power Skiving Tool with Lead Profile and Accuracy: Saving $0.06 million. (INR 54 lakh)

2) Productivity Improvement:

3) High Consumption Tooling: VA/VE - CPC

4) Sensibility Project: Hazardous Waste Disposal - From Landfilling to Recyclable. Annual expected savings: $0.04 million per year. (INR: 32.1 lakh)

5) Sensibility Project: HT Washing Alternate Source Developed. :

a)3.5 Water Save

b) ETP / STP Process Cost Reduction

c) Electrical Power Save.

6) Water Soluble Oil : Oil Management System Implemented

• Assisted in sourcing and evaluating suppliers for product acquisition.
• Managed purchase orders and tracked inventory levels effectively.
• Collaborated with cross-functional teams to ensure timely product delivery.
• Conducted market research to identify trends and pricing strategies.
• Maintained accurate records of transactions and supplier communications.
• Analyzed vendor performance to improve procurement processes.
• Coordinated with logistics to optimize shipping and receiving schedules.
• Maintained purchasing records such as item descriptions, lead time and pricing information.
• Analyzed market trends in order to determine appropriate pricing strategies.
• Participated in special projects as required.
• Reviewed purchase requisitions and submitted orders for approval.
• Facilitated communication between internal departments by providing timely updates on progress.
• Developed relationships with key suppliers to ensure timely deliveries of materials.
• Managing commodities
• a. Special Cutting Tools, Oil & Lubes, Capex, Quality-Measuring Instruments, IT, HR Service, Consumables, MRO, Heat Treatment & Grinding, etc.
• All Corporate Level Reporting : AOP, Plant Capacity Management, Productivity Efficiency, Indent Report, PO Report, GRN Report, Contract Report, Spend Analysis, Inventory Management, Scheduling & Cost Saving Report, Ariba, D1S & Other Reports

• Executed daily responsibilities with precision and efficiency.
• Intra-Company Procurement
• Executed purchase order creation and order punching processes.
  Coordinated handover packing to team for efficient workflow.
  Rechecked packing list and dispatched shipments with export procedure documentation.
• Inventory Management.
• Cost Savings Program