Prateek Tiku

• Collaborated as core member of central purchasing team for seven HMCL plants.
• Developed sourcing strategies for commodities driven by spend analysis.
• Managed all aspects of Capex and project procurement to support efficient procurement deliverables.
• Oversaw purchases of Capex, projects, MRO, and IT supplies.
• Executed strategic procurement through reverse auctions to achieve cost savings and fixed pricing.
• Cultivated strong supplier relationships, resulting in lower prices and improved service levels.
• Conducted global sourcing and import procurement from multiple countries, including Germany, the USA, and Japan.
• Generated daily MIS reports and coordinated plant reconciliation for purchase requests.
• Continuously earning the 'Best Buyer' title for on-time deliveries and frequency of orders placed.
• Developed and implemented new procedures to improve efficiency of the organization.
• Provided guidance and support to team members to help them achieve goals.
• Remained calm and professional in stressful circumstances and effectively diffused tense situations.

• Company Overview: (BADVE group)
• Purchase lead for plant purchases, such as consumables, capex, and turn-key projects for two plants.
• Laid the foundation and establishment of a B2B sourcing platform.
• New parts development, by compiling and updating technical information about products, suppliers, and technologies.
• Develop sourcing strategies for commodities based on spend analysis to achieve savings.
• Scheduling of items as per the SOB defined, and in adherence to company policies.
• Identifying sourcing opportunities, developing and managing RFX.
• Considerable cost savings in inserts, and cutting/drilling tools.
• Resolved any supply chain issues that arise in a timely manner.
• Sourced new vendors for purchasing needs.

Team Member in SCM (Logistics): December 2012 – June 2013.

• Supervised the dispatch of non-ODC and ODC components for domestic and EX-IM shipments.
• Conducted route surveys for new project sites.

Team Member in SCM (Procurement): June 2013 – April 2019.

• Manage Shop & Site sub-department purchases, such as IT products, raw materials, lifting items, pipes, hydraulic fittings, etc. from Indian and foreign vendors.
• Procure indirect materials and shop floor requirements, such as welding consumables, capex items, etc.
• Buyer for turn-key projects, civil contracts, etc.
• Create requests for quotations and purchase orders in SAP ERP, focusing on annual rate contracts.
• Vendor rating based on KPIs.
• Significant reductions in welding costs and storage time can be achieved by sourcing vacuum-packed electrodes at lower prices than non-vacuum-packed electrodes, which require storage and extensive re-drying time.

• Looked after the fabrication of paper plant machinery and allied equipment, such as beater, pulper, etc.
• Supervised welding and cutting processes, like electric arc welding and oxygen-LPG welding.
• Prepared Bill of Materials and Work Orders for the company.
• Introduced higher-quality cutting and grinding tools at competitive prices.