Poovannan Karunakaran
Senior Manager India Commodity
Kanchipuram
Summary
Commodity & Strategic Sourcing, Program Buyer with over 16 years of successful experience in Cost Estimation, Negotiation & Supplier Development. Recognized consistently for performance excellence and contributions to success in Automotive industry. Strengths in Cost Estimation and Cost Optimization.
Overview
2
2
Languages
18
18
years of professional experience
Work History
Sr. Manger India Commodity
Faurecia India Private Limited
08.2021 - Current
- controlling material spend of EUR 40 mil
- successfully achieving P&L savings of 4% each year
- Manage India cutting and stamping and investment casting commodity management oversight.
- Created and managed the India Supplier Panel.
- Devise Supplier Strategy aligned with Global Commodity objectives
- Managed the Commodity P&L and PTC.
- Reduced costs, optimized resource allocation, and improved efficiency in managing projects.
- Collaborated closely with peers from other departments to drive organizational success jointly as one cohesive unit.
Strategic Sourcing - Asia Pacific
SMRC Automotive Products India Limited
01.2013 - 08.2021
- Initial Visteon India Limited; division later acquired by Motherson Group
- cost estimation leadership and strategic sourcing responsibility across India, Thailand, and Indonesia
- Led purchase lead activities spanning Thailand and Indonesia with consistent ownership.
- Directed team performance for 5 individuals successfully.
- cost estimation responsibility for instrument panel (IP) door panel (DP) center console assembly
- successfully established pi p&l p-20 savings in indonesia
- Coordinated cost estimation and validation efforts involving more than 10 customers and more than 10 commodities.
- Oversaw execution of 50+ projects across 8 years.
Supplier Development Engineer
Brakes India Limited
06.2011 - 01.2013
- Performed as Supplier Development Engineer
- Developed new products with zero base cost and optimized costs.
- Managed relationships with over 30 suppliers to ensure quality and compliance
- Injection Molding
- Hot Plate welding
- Compression (Thermoset) Molding
- Oversaw more than 30 suppliers.
Vendor Development Engineer
SMR Automotive Systems India Limited
09.2008 - 06.2011
- Worked as Strategic Sourcing & Program Buyer
- Estimated and validated costs for various projects.
- Managed sourcing of various commodities
- Injection Molding
- Mirror (with coating & laser etching)
- Cable Assembly
- Executed economic sourcing initiatives to optimize cost-efficiency.
- Developed and launched first model for Renault Nissan – inside and outside rear view mirror
Education
MBA - General Management
Anna University
Chennai02-2014
Bachelor of Engineering - Mechanical Engineering
Anna University
Kanchipuram03-2008
Skills
P&L management
Strategic Sourcing
Cost estimation
Cost optimization
Vendor Development
Cost Reduction Strategies
Supplier management
Negotiation
Cross-Functional Collaboration
Accomplishments
- 1. Handled Pursuit (Cost Estimation & Validation)
- A. Total = 147 Programs (2020 = 64 program)
- 2. Created Supplier Target Panel & Segmentation (Supplier Strategy) Construction & Introduction.
- 3. Part of GLANDHEO implementation at India Level.
- 4. Successfully Handled new program
- A. Renault (J92, H79N, H79 PH-II & PH-III, HHA, XBA FL) & Nissan (K2, L02B MC)
- C. Cost Estimation & Economic Strategic Sourcing done for all programs 3~5% down from target (Estimated) cost
- 5. Successfully Handled Purchase – Indonesia (2018-2019)
- 7. Successfully created Supplier Panel Strategy and aligned with Global Commodity at Faurecia in 2021 (Plastics) & 2022 (Cutting & Stamping)
Timeline
Sr. Manger India Commodity
Faurecia India Private Limited
08.2021 - Current
Strategic Sourcing - Asia Pacific
SMRC Automotive Products India Limited
01.2013 - 08.2021
Supplier Development Engineer
Brakes India Limited
06.2011 - 01.2013
Vendor Development Engineer
SMR Automotive Systems India Limited
09.2008 - 06.2011
Bachelor of Engineering - Mechanical Engineering
Anna University
MBA - General Management
Anna University