Prasad M

• Reduced procurement lead time through efficient management of the purchasing process, from requisition to delivery.
• Managed risk by assessing the financial stability of potential suppliers and staying informed about industry developments affecting supply chain reliability.
• Ensured timely deliveries by monitoring supplier performance and addressing any issues that arose during the procurement process.
• Managed inventory levels effectively by using demand forecasting tools and collaborating closely with other departments.
• Achieved cost savings by negotiating better pricing with suppliers and implementing strategic purchasing practices.
• Developed and maintained strong relationships with key vendors, resulting in improved service levels and cost savings for the organization.
• Streamlined purchase order processes, improving overall efficiency in the department.
• Collaborated with stakeholders to develop sourcing strategies that met their specific needs while maintaining budgetary constraints.
• Facilitated communication among various functions including finance/accounts payable team members regarding invoice processing, payment terms and any discrepancies.

• Mentored junior team members in procurement best practices, fostering professional development within the team.
• Analyzed market trends and price fluctuations to make informed purchasing decisions.
• Optimized inventory levels by implementing data-driven demand forecasting methods.
• Championed sustainable sourcing practices throughout the organization, promoting environmental responsibility among suppliers and stakeholders alike.
• Spearheaded cost reduction initiatives by consolidating suppliers and leveraging economies of scale.
• Conducted regular supplier audits to ensure compliance with company standards and industry regulations.
• Managed a diverse supplier base to mitigate risk and ensure continuity of supply.
• Reduced procurement costs by effectively negotiating contracts with key suppliers.

• Maintained strong supplier relationships, ensuring product quality and timely deliveries.
• Streamlined purchasing processes for increased efficiency and accuracy in order tracking.
• Managed vendor and supplier selection process based on price, quality and reliability.
• Resolved disputes with suppliers diplomatically, maintaining positive working relationships while protecting company interests.
• Managed purchase order processing from initiation to final payment, ensuring accuracy and timeliness throughout the process.
• Achieved cost savings by negotiating favorable contracts with suppliers.
• Negotiated pricing structures, delivery schedules and other contract parameters.
• Tracked orders and shipments to inform warehouse manager of incoming loads.

1) Research potential vendors
2) Compare and evaluate offers from suppliers
3) Negotiate contract terms of agreement and pricing
4) Track orders and ensure timely delivery
5) Review quality of purchased products
6) Enter order details (e.g. vendors, quantities, prices) into internal databases
7) Maintain updated records of purchased products, delivery information and invoices
8) Prepare reports on purchases, including cost analyses
9) Monitor stock levels and place orders as needed
10) Coordinate with warehouse staff to ensure proper storage
11) Attend trade shows and exhibitions to stay up‑to‑date with industry trends

• Negotiated with vendors to procure best prices and quickest service for equipment and supplies.
• Developed strong relationships with key suppliers, fostering long-term partnerships and ensuring timely delivery of products.
• Collaborated with cross-functional teams to identify opportunities for cost savings and process improvements in procurement activities.
• Reviewed purchasing department activities to evaluate opportunities for cost savings and efficiency improvements.
• Managed the end-to-end procurement process, from purchase order creation to payment processing, ensuring accurate documentation and timely execution.
• Increased overall performance of the supply chain through strategic assessment and analysis of suppliers.
• Enhanced procurement efficiency by streamlining vendor selection and negotiation processes.
• Oversaw inventory management to maintain optimal stock levels while minimizing storage costs and waste.
• Directed preparation of purchase orders or bid requests to meet material needs for production operations.