Summary
Overview
Work History
Education
Skills
Professional Highlights
Timeline
Generic
Prashant Jain

Prashant Jain

Gurgaon

Summary

  • Results-driven procurement professional with 20+ yrs exp.
  • Procurement expert in large CAPEX, OPEX, EPC Contracts, R&M, MRO, Low-Cost Quality Procurement (LCQS), Renewable Energies, Imports
  • Led Procurement for functions like Engineering, Sales, Marketing, HR, IT, Amin, HR, Production, Quality, R&D, Logistics/Warehousing, Imports etc.
  • Expert in Spend Analysis, Formulate & drive Indirect material procurement strategies based on facts like TCO(life cycle)
  • Drive Global Initiatives teams & regional procurement strategies.
  • Expert in Project procurement cycle activities involving budgeting, planning, negotiations, scheduling, delivery follow up, vendor development, dealing with Global Vendor ensuring Policy requirements.
  • Partner with Cross Functions in identifying & delivering savings to business, Coaching,Mentoring & developing team/Talent,

Overview

20
20
years of professional experience

Work History

Head Packaging Procurement

Reckitt Benckiser
04.2023 - Current
  • Spend 1000Cr+ per Annum
  • Utilizing market intelligence to identify opportunities for savings
  • Evaluate new & current vendors to determine suitability of products and contract and pricing negotiations
  • Analyze market conditions to make informed decisions on pricing/purchasing strategies.

South Asia Indirect Procurement Manager

Reckitt Benckiser
05.2014 - 03.2023
  • Spend 800+Cr per Annum
  • Sustainable P&L Savings, Inflation Mitigation & multi-year category strategies
  • Lead Project Procurement Worth 1000Cr+ until feasibility/Concept/Basic Design
  • System Improvements like Online Approval System, e-sourcing, Capex sourcing SOP & SAP implementation
  • Managed supply chain process, from order placement to delivery, to facilitate on-time and accurate fulfillment

Manager Procurement - Global Capital Projects

GSK Pharma
05.2013 - 05.2014
  • Procurement Lead for brown field expansion procurement @Nasik -Value: 250Cr+

Manager Procurement - Global Capital Projects

GlaxoSmithKline Consumer Healthcare
03.2010 - 05.2013
  • Procurement Lead for expansion project, Value 250Cr+
  • Lead PAN India capital Projects procurement including 3rd Party Sites(Value 50Cr+)
  • Lead procurement partner to support new Greenfield Factory set up (1000Cr+) in 2014
  • Procurement Lead for New Recipe Project to create supply chain & flavor manufacturing set up in close working with R&D & Global teams.

Sourcing Specialist

General Electric Co. Oil & Gas Division
02.2009 - 03.2010
  • Study & analysis of cost driving factors for Oil & Gas products
  • Developed Cost Models for O&G Family Products

Associate Manager Commercial

Sterlite Industries (I) Ltd (Vedanta Group Co.)
07.2003 - 02.2009
  • Headed the Commercial functions of Green field project of Gold Refinery (PMR) & Continuous Copper Rod(CCR) Plant at Fujairah (UAE), Value 100+Cr.
  • Lead R&M/Opex Procurement for plant maintenance, Value 100Cr+ per annum for 3+ years
  • Lead Project Procurement of worth 1800Cr+ for an expansion project
  • Geographies - Tuticorin, Silvassa & UAE

Education

BE - Mechanical

MANIT
Bhopal
2003

MBA -

Alliance University
Bengaluru

Skills

  • Global Procurement
  • Strategic Sourcing
  • Category Management
  • Vendor Localization
  • Inventory Control
  • Cost Reduction
  • Project Management
  • Compliance & Controls
  • Enable Organizational growth
  • Supply chain
  • Lean Management
  • Enabling Technology(e-RFx)
  • Risk Management
  • Effective Communicator
  • Coaching & Team Management
  • Strategy deployment

Professional Highlights

Reckitt Benckiser: 

  • Signed 1st Solar Power Purchase Agreement with 21% savings for 10yrs
  • Delivered savings of 20+ % YoY in Capex
  • Opex 2~3% YoY productivity

GlaxoSmithKline :

  • Special award from APAC Director for delivering saving > 1Mio GBP
  • India Management Team award for ensuring ordering in line to Project Schedule

Sterlite Industries(Vedanta Group Co.) :

  • New business & Factory at Fujairah(UAE)
  • Awarded CEO Kitty (2006) for significant savings & timely completion of Selenium Project.
  • Adjudged as the Employee of the month (2004) for successfully revamping inter heat exchanger.

Timeline

Head Packaging Procurement

Reckitt Benckiser
04.2023 - Current

South Asia Indirect Procurement Manager

Reckitt Benckiser
05.2014 - 03.2023

Manager Procurement - Global Capital Projects

GSK Pharma
05.2013 - 05.2014

Manager Procurement - Global Capital Projects

GlaxoSmithKline Consumer Healthcare
03.2010 - 05.2013

Sourcing Specialist

General Electric Co. Oil & Gas Division
02.2009 - 03.2010

Associate Manager Commercial

Sterlite Industries (I) Ltd (Vedanta Group Co.)
07.2003 - 02.2009

BE - Mechanical

MANIT

MBA -

Alliance University

Similar Profiles

CREATE PROFILE
Prashant Jain