PP Srinivasan

Procurement professional in the area of Industrial Bulk Chemicals and Lubricants supplies and procurement in-charge/buyer for Hospital Medical equipment and Drug supplies

Spend value : INR 500 crs

Strategic Sourcing: Identify, evaluate, and select suppliers/vendors based on cost, quality, reliability, and delivery speed. Develop and implement sourcing strategies to meet project requirements and company objectives.

Negotiation: Negotiate contracts, terms, and pricing agreements with suppliers to obtain the most favorable terms and conditions. Continuously review and improve negotiation strategies to drive cost savings and mitigate risks.

• Evaluated vendor offerings critically to select the most appropriate partners for delivering desired results at optimal costs.
• Negotiated high-value contracts with new suppliers, securing better pricing and terms, which improved profit margins.
• Delivered 5-8% average savings through strategic renewals and vendor consolidation.
• Working on SAP ECC and SAP SRM to complete the procure-to-pay process.

Contract Management: Manage the entire procurement lifecycle, including contract drafting, review, and execution. Ensure compliance with contractual terms and conditions, legal requirements, and company policie

Procurement professional in the area of IT infrastructure products like Servers, Security solutions, Firewalls, PC terminals, Network components like Routers, Switches, Email servers with archival solutions, Industrial safety, Fire safety, LED equipments, VRLA, Ni-Cd Battery banks, Uniterrupted Power supply solutions

Spend value : INR 200 crs

• Collaborated with cross-functional teams to identify opportunities for cost savings and process improvement in materials management.
• Reduced operational costs through strategic sourcing, vendor negotiations, and bulk purchasing of materials.
• Implemented a centralized materials database, allowing for more efficient tracking and analysis of inventory levels across multiple locations.
• Developed risk mitigation strategies for potential disruptions in the supply chain due to unforeseen events or market fluctuations.
• Evaluated new suppliers based on pricing, quality assurance capabilities, delivery timelines, payment terms, and other criteria relevant to business needs.
• Coordinated meticulous order management systems and production lifecycles for comprehensive customer development and satisfaction.
• Purchased indirect manufacturing supplies, administrative support materials and packaging to comprehensively build multifaceted production lifecycles.

Underwent training and orientation for erection and commissioning of the Wire Rod Mill supplied by Morgan Construction Co., Worcester, Massachusetts. Technical Member of commissioning group of 0.6 Million Tonne Wire rod mill covering Five steins Digital furnace, Roughing mill, No Twist mill, and Reducing and Sizing mill. Post full-fledged commissioning and FAC, I was part of operation and maintenance at a supervisory level for achieving rated capacity. Other areas of work include procurement and sourcing of spares and consumables, MAMS, and development of indigenous in-house spares.

• Graduation with Distinction
• Completed professional development in Materials Management and Purchasing

• Final Grade: 91%
• Ranked 4 in Class
• Graduation with Distinction