Prashant Nehete
Senior Manager Purchase
Faridabad,HR
Summary
Dynamic Procurement and Supply Chain Professional with 17 years of expertise in electrical manufacturing and project environments, specializing in sourcing, purchasing, planning, inventory control, and cost optimization. Proven track record in vendor development, negotiation, bid evaluation, project scheduling, and enhancing supply chain processes across diverse sectors, including switchgear, industrial automation, rail traction systems, wire harnesses, and automotive manufacturing. Strong analytical skills and a solid foundation in risk management and cross-functional coordination drive strategic sourcing initiatives that yield significant cost savings and operational excellence. Currently pursuing an MBA in Supply Chain Management while leveraging an Electrical Engineering background to deliver innovative solutions for complex supply chain challenges.
Overview
18
18
years of professional experience
3
3
Certifications
3
3
Languages
Work History
Senior Manager, Purchase
M V Electroystems
Faridabad, Haryana
12.2025 - Current
- Procured electrical components, machinery, harnessing accessories, and fabrication/packing materials.
- Led supplier identification, evaluation, onboarding, negotiation, and performance monitoring.
- Managed RFQ/RFI processes, contract management, cost analysis, and market sourcing.
- Developed project procurement strategies, cost estimation, and localization initiatives.
- Ensured material availability, legal compliance, and supply chain optimization.
- Supported VAVE and cost-reduction programs to optimize cost by 15%.
- Planned and managed production schedules, budgets, and plant capacity to optimize cash flow by 4%.
- Monitored workflow, resolved delays, mitigated risks, and ensured on-time customer delivery.
Manager, Purchase & Planning
Yazaki India Pvt. Ltd
Bhopal, Madhya Pradesh
05.2023 - 12.2025
- Managed procurement of harness components, machinery, and packing materials, reduced downtime by 20%.
- Led supplier sourcing, evaluation, negotiation, and onboarding, and reduced the cost of the project by 6%.
- Handled contract management, RFQ/RFI processes, and market analysis to improve material flow by 10%.
- Developed procurement strategies and cost estimates.
- Ensured timely material availability, and regulatory compliance.
- Monitored supplier performance, and conducted cost analysis.
- Drive localization, cost optimization, and VAVE initiatives.
- Planned and managed production schedules, budgets, and capacity.
Deputy Manager, Purchase
Lapp India Pvt. Ltd
Pilkhuhedi, Madhya Pradesh
10.2021 - 05.2023
- Managed procurement of capital equipment, plant machinery, and expansion projects.
- Analyzed supplier quotations, conducted bid reviews, and negotiated pricing and terms.
- Created and managed purchase orders in ERP; ensured documentation, and compliance.
- Established supplier contracts, and monitored vendor performance.
- Coordinated shipments, ensured on-time delivery, and processed invoices.
- Developed procurement plans, budgets, and localized sourcing strategies.
- Controlled inventory levels and collaborated with finance for payments to improve cash flow by 10%
- Conducted supplier audits, risk assessments, and capacity evaluations to increase quality by 20%.
- Maintained the vendor database and drove alternate sourcing initiatives to reduce risk by 30%.
Deputy Manager, Purchase & Planning
CG Power and Industrial Solutions Ltd. (Traction Division)
Mandideep, Madhya Pradesh
12.2016 - 10.2021
- Developed production plans, budgets, and schedules based on plant capacity, increasing resource utilization by 18%.
- Monitored workflow, mitigated risks, and ensured on-time delivery.
- Optimized processes, supported NPD, and ensured quality compliance.
- Managed procurement planning, sourcing, and inventory control.
- Analyzed quotations, negotiated pricing, and released POs in the ERP.
- Coordinated supplier documentation, shipments, and issue resolution reduce logistics costs by 3%.
- Handled tenders, contracts, budgeting, and cost estimation.
- Collaborated with finance for payments and fund flow planning.
- Conducted vendor evaluation, development, audits, and performance reviews.
- Maintained the vendor database and rationalized the supplier base.
- Performed ABC analysis, safety stock planning, and inventory optimization.
- Generated MIS reports and improved supply chain efficiency.
Assistant Manager, Purchase
Hind Rectifiers Ltd. (Traction Division)
Bhandup, Maharashtra
05.2016 - 12.2016
- Identified and developed competitive suppliers for critical materials.
- Achieved cost savings through negotiations, rate contracts, and alternate sourcing.
- Managed procurement operations, inventory control, and compliance.
- Coordinated planning and purchasing to meet production schedules.
- Ensured BOM accuracy, shortage tracking, and timely material dispatch.
- Optimized procurement cycle time and vendor performance.
- Oversaw logistics, supplier payments, and material receipt/issuance.
- Resolved material rejections through root cause analysis and corrective actions.
- Reduced slow-moving and non-moving inventory levels.
Senior Executive, Purchase
Crompton Greaves Ltd. (Traction Division)
Mandideep, Madhya Pradesh
02.2010 - 05.2016
- Managed the procurement of electrical, mechanical, and power electronics components, adhere 100% to on-time material.
- Led vendor development, technical coordination, and cost negotiations, reducing costs by 12%.
- Handled subcontracting, logistics, and on-time material receipt, reducing loss of material by 40%.
- Created POs, and tracked costs and inventory in SAP.
- Conducted supplier evaluations, audits, and quality improvement initiatives. Reduce risk by 25%
- Executed demand-driven purchasing, inventory control, and WIP management.
- Coordinated material planning, rejections, and financial processes.
- Implemented Six Sigma and IMS standards for quality improvement.
- Ensured smooth project execution through cross-functional collaboration.
Execution Engineer (Electrical)
Symatic Engineering (Pvt.) Ltd. (Siemens-System House)
Navi Mumbai, Maharashtra
01.2008 - 02.2010
- Planned and procured materials for MV switchboards, as per Siemens work orders. Deliver 100% as per schedule.
- Prepared BOMs and managed POs for electrical and mechanical components. Provide 100% correct input to the purchase team. Reduce purchase errors by 60%.
- Conducted technical discussions, and secured client approvals.
- Coordinated drawings and technical queries between stakeholders.
- Provided electrical and mechanical design support for production.
- Supervised switchboard/panel assembly as per specifications.
- Executed electrical renovation projects, including power and control circuit analysis.
- Interpreted AutoCAD drawings and selected switchgear for panel design.
Education
MBA - Supply Chain Management
NMIMS University
Online01.2026
B.E. - Electronics & Power Electrical
Rajiv Gandhi College of Engineering Research and Technology
Chandrapur, Maharashtra01.2008
Skills
Expertise in managing purchase orders with ERP and SAP
Cost Analysis, Inventory Tracking
Skilled in Microsoft Office applications
Procurement Expertise
Negotiation Skills
Proficient in strategic sourcing
New Vendor Development and relationship management
Supply chain optimization
Procurement and Budget planning
Problem Solving and Team building
Certification
Certified IMS Internal Auditor
Awards
Recognized with 7 Quarterly, 3 Super Star & 1 Dream Team Awards, Saved ₹1.2 Cr. in 2015 for CGL by localizing imported materials, Achieved ₹100 Lacs cost savings for CGL in 2013 through optimized cost calculations, Procured advanced machinery in 2012, boosting production by 50%, Revived key vendor relationships in 2011, ensuring uninterrupted production
Timeline
Senior Manager, Purchase
M V Electroystems
12.2025 - Current
Manager, Purchase & Planning
Yazaki India Pvt. Ltd
05.2023 - 12.2025
Deputy Manager, Purchase
Lapp India Pvt. Ltd
10.2021 - 05.2023
Deputy Manager, Purchase & Planning
CG Power and Industrial Solutions Ltd. (Traction Division)
12.2016 - 10.2021
Assistant Manager, Purchase
Hind Rectifiers Ltd. (Traction Division)
05.2016 - 12.2016
Senior Executive, Purchase
Crompton Greaves Ltd. (Traction Division)
02.2010 - 05.2016
Execution Engineer (Electrical)
Symatic Engineering (Pvt.) Ltd. (Siemens-System House)
01.2008 - 02.2010
B.E. - Electronics & Power Electrical
Rajiv Gandhi College of Engineering Research and Technology
MBA - Supply Chain Management
NMIMS University