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
Gurgaon
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
Bhopal2003
MBA -
Alliance University
BengaluruSkills
- 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