Piyush Bhatia

• Develop, plan, monitor and execute direct material cost out projects for Chemical category suppliers with total spend of 275M USD utilizing the Eaton Standard Sourcing Process.
• Coordination with Global stakeholders to adhere timely completion of projects in collaborative way.
• Carry out Spend Data Analytics to identify opportunities for Resourcing , Supplier Elimination, Negotiation to achieve cost out & Category Strategy objectives.
• Lead and participate with various team responsible for make vs. buy decisions, Should costing, resourcing activities. Develop and implement sourcing strategies for cost out.
• Consolidated and analysed market intelligence through earnings and commodity forecasting, SPIR reports released. Lead and drive supplier negotiation agreements (master purchase agreements) enabling YoY price reduction over USD 2Mn+.
• Collaborated with Engineering team to identify the part rationalization opportunities and identified the projects having $ 100K + cost out opportunity.
• Conduct Governance review meetings for Chemicals categories and served as a Single point of contact for Category Leaders. Interface with suppliers, product engineering team, and the Eaton plant teams to drive on-time project completion through ramp up and successful launch.
• Ensured supply continuity via risk identification and mitigation for all suppliers. As a part of this, initiated the projects having spent more than USD 5Mn + categorised under Resiliency.
• Proficient in should costing methodologies, utilizing analytical skills to estimate manufacturing costs based on materials, labor, and overhead expenses. Demonstrated ability to identify cost-saving opportunities through analysis of production processes and supply chain efficiencies.
• Assessing the manufacturing capabilities of suppliers and working with them to build a state-of-the-art supplier base.
• Managing the supplier quality interface (APQP) to ensure that PPAP requirements are understood and met, further assisting in issue resolution for components identified as “high risk”.

Growth Path: Feb'2020-Mar'2022- Operational Buyer → Apr'2022-present-

Operational buyer planner.

Project- Wolf Transfer Project

Products- MR coils

Key Achievements

• Conferred with Team up to Win Award in Feb ‘22
• Played a major role in enabling successful transfer of supply for RF coil manufacturing and repairs business from USA to India within stipulated timeline and budget of USD 45 Mn.
• implemented “Vendor Managed Inventory” (VMI) with 15 strategic suppliers .
• Successfully transferred 160+ supplier transfer from USA to Pune India.
• Developed and implemented inventory management tool.
• Implemented PFEP for all raw material based on the spend, lead time, MOQ, lot size, safety time.
• Developed and define reorder point for all bulk parts.

Key Responsibility -

• Managing 60 global suppliers in all aspects of planning and buying with total spend of around 10 M USD.
• Successfully implemented SMI SNC process at Pune.
• Formulated operational material plans ensuring the production ramp up based on the customer demand.
• Steered continuous process improvement through innovative supply chain processes while complying with Philips Global Processes
• Created multiple tools for Operational Material Management (OMM) processes like Shortage tracking, Forecast to suppliers, Auto PO reconciliation, and SNC VMI template to achieve operational excellence.
• Coordinating with Management team, Global S&OP team, Production team, quality team, Internal and external warehouse team, Mechanical Engineering team, STATE team, Tiger Team, Product quality, Supplier Quality
• Reduced EUR 0.2 M unhealthy inventory by initiating obsolescence management process .
• Transferred & on-boarded 160 suppliers for RF Coils business in short span of 5 months.
• Supervised supplier delivery performance via metrics like VMI (Vendor Management Inventory) & CLIP (Confirmed line item performance)
• Generated various reports like Shortage Report, Inventory, & Order Tracking Supplier Performance.
• Conducted inventory analysis and defining policies to ensure material availability within minimal inventory investments.
• Minimized EUR 3 M revenue impact by strategically managing supply from the supplier facing quality & raw material issues.
• Mitigated EUR 50 M revenue risk impact by leading the supplier level (T1 to T3) availability while managing change & resolving quality issues.
• Conducted inventory analysis and defining policies to ensure material availability within minimal inventory investments.
• Defined & measured KPIs like Cost of Non Quality (Excess & Obsolete), Customer Service Level (OTTR/ OTTP/ COTS/ VMI), Integral Warehousing & Distribution Costs (as % of revenue- upstream & mainstream), and Inventory (as % of MAT sales)
• Adhered to Internal Philips Excellence Process Frameworks and Standards like ISO13485, MDSAP, & FDA
• Calculating raw material and involved in procurement & inventory control

• Fulfilled customers demand by ensuring material availability in the supply chain through tactical material planning and forecasting deploying calculation methods.
• Formulated operational material plans while managing purchase orders for large contracts.
• Created multiple tools for Operational Material Management (OMM) processes like Shortage tracking, Forecast to suppliers, Auto PO reconciliation, and SNC VMI template to achieve operational excellence and NVA
• Escalate supply issues to the Supply Continuity team, gain their support in achieving resolution of supply issue, and work with them to continually improve supplier OTD and OTS.
• Identify supplier issues and risks for supply, drive action plan to mitigate it.
• Enabled touchless replacement through master data settings Vendor Management, Supplier Management, Negotiations & Cost Control
• Led material life cycle while ensuring on-time materials availability & avoiding obsolete
• Developed and measured business controllable operational KPIs like, Procurement order tracking, Blocked invoice reduction, and Master data accuracy .
• Enhanced production from 150 units/M to 1000 units/M (in capacity) to maximize customer satisfaction with no revenue loss to the MR business.
• Created Microsoft Excel base Masterfile with SQL queries to track past due, customer backorders, shipped material and future orders which helps to follow-up and expedite shipments proactively.

• Responsible for managing various aspects of OTC Function such as Order handling, Inventory Planning, Dispatch Planning, Logistics coordination and Invoicing.
• Responsible for End to End process from Order management to customer service.
• Supplier selection based on Business strategy and company policies.
• Keeping in touch with suppliers and developing cordial relationship with them.
• Negotiating with supplier on raw material and transportation cost
• Ensuring availability of product for smooth functioning of material planning
• Supporting product development team for new product launch
• Carrying out initial and on-going assessment of the supply chain
• Keeping accurate records of all the purchase and services taken related to supply chain and procurement.

• Process Planning for new product on Assembly line, End of Line, Finish line and Quality.
• Sustenance of existing products on Assembly line, End of line , Finish line.
• Procuring and negotiating on the Purchase of material required for Production.
• Supplier selection and finalization based on requirement.
• Negotiating with supplier on cost and ensuring to deliver best quality products.
• Preparation of quality documents.
• Production and quality improvement using LEAN tool as per Mercedes Benz Production System.
• Layout Management & supply/storage planning

• Worked in Candor works India Pvt. Ltd. for one year as a Junior Research Analyst with experience in Data Researching and Marketing campaigns