Summary
Overview
Work History
Education
Skills
Accomplishments
Impact On Company
Languages
Roles And Responsibilities
Personal Information
Timeline
Generic
Praveen Kumar Reddy Sitagari

Praveen Kumar Reddy Sitagari

Hyderabad

Summary

Purchase Manager with extensive 14 years of experience in supply chain management and vendor development, procuring electronic and mechanical related components like passive, active, semiconductors, network products, etc., from various suppliers and OEMs, both domestic and imports. Handling customs clearance, shipping, and logistics, and also involved in production and R&D support, e-procurement, ISO internal audits, IATF documentation, supplier audits, etc. Demonstrated success in supplier negotiation and contract management, resulting in significant cost efficiencies. Skilled in inventory management and collaboration, consistently achieving strategic procurement objectives.

Overview

16
16
years of professional experience

Work History

Purchase/Procurement Manager

Accord Power Conversion Private Limited
02.2023 - Current
  • Company Overview: Automotive (EV Charger/DC-DC) - http://www.accordpower.in/
  • Automotive (EV Charger/DC-DC) - http://www.accordpower.in/

Purchase Manager

Blaze Automation Services Private Limited
10.2021 - 01.2023
  • Company Overview: IoT ( Home Automation Products) - http://www.blazeautomation.com/
  • IoT ( Home Automation Products) - http://www.blazeautomation.com/

Purchase Manager

Verticross India Private Limited
04.2019 - 08.2021
  • Company Overview: Power Sector (Modems/Smart Meters) - http://www.verticross.in/
  • Power Sector (Modems/Smart Meters) - http://www.verticross.in/

SCM Manager

Adya Smart Metering Private Limited
07.2018 - 03.2019
  • Company Overview: Power Sector (Smart Meters) - http://www.wifimetering.com/
  • Power Sector (Smart Meters) - http://www.wifimetering.com/

Purchase/Vendor Development Manager

Aishwarya Technologies and Telecom Limited
11.2016 - 06.2018
  • Company Overview: Defence & Telecom Products - http://www.aishwaryatechtele.com/
  • Defence & Telecom Products - http://www.aishwaryatechtele.com/

Purchase/Vendor Development Manager

Naina Power Pvt.Ltd.
02.2011 - 11.2016
  • Company Overview: Power Sector (Electronic Energy meters, Smart meters, CMRI, POS) - http://www.nainapower.com/
  • Power Sector (Electronic Energy meters, Smart meters, CMRI, POS) - http://www.nainapower.com/

Technical Engineer

Team Engineers
08.2009 - 02.2011
  • Company Overview: Data Communication, Telecom Products & Networking - http://www.teamengineers.in/
  • Administration of Network (LAN/WAN), Technical Support offered Email and in-person technical support for all of the Indian installations And Second line of Demonstrations throughout India.
  • Responsible for Technical documentation, troubleshooting of network, new product Testing, and offered solution development for a variety of vendors of the Telecom industry in INDIA.
  • Data Communication, Telecom Products & Networking - http://www.teamengineers.in/

Education

Bachelor Degree - Electronics & Communication Engineering

Jawaharlal Technological University (JNTU)
Hyderabad
01.2009

Skills

  • Supply Chain Management
  • Inventory management
  • Purchase order processing
  • Supplier relationship management
  • Vendor evaluation
  • Vendor Development
  • Procurement
  • Supplier negotiation
  • Contract management
  • SAP MM
  • Oracle Fusion
  • Focus soft net

Accomplishments

  • Successfully negotiated with suppliers to reduce procurement costs both direct and Indirect Procurement
  • Developed strong relationships with key suppliers, improving delivery times and quality
  • Streamlined procurement processes, reducing lead times and increasing efficiency
  • Identified and mitigated potential supply chain risks
  • Optimized inventory levels, reducing waste and excess stock
  • Implemented ERP software’s SAP, Oracle fusion, Focus soft net, Zoho etc
  • Active participation in internal and external ISO and IATF Audits
  • Maintaining contract agreements and vendor registration for adding new supplier into the database
  • Worked with BSNL, Transco, Genco etc front end for network database implementation
  • Associated with top notch companies CISCO, Net Gear, D-Link, checkpoint etc for procurement of network related products like switches, routers, Firewalls etc

Impact On Company

  • Cost savings and efficient procurement processes contributed to increased profitability
  • Strong supplier relationships and risk management ensured business continuity
  • Improved supplier quality and compliance with standards enhanced overall product quality
  • Process optimizations and digital tools improved productivity and reduced lead times
  • Effective procurement strategies and supplier relationships helped the company stay competitive in the market

Languages

  • English
  • Hindi
  • Telugu

Roles And Responsibilities

  • Working upon the Procurement of Electronic / Mechanical Components / CAPEX / IT For Telecom, IoT , Power Sector, Automotive Industry etc
  • Involved in Production, FAT & ISO Internal Audits, IATF Documentation, Supplier Audits, Supplier Evaluation etc
  • Good Knowledge of material management
  • Vendor Development
  • Good Negotiation Skills
  • Experience in Imports & Customs Process
  • Involved in production Support, FAT
  • Utilized EMS Services from best EMS like Amara Raja Electronics, Embedded It Solutions etc
  • Development Support for R&D Team in suggesting equivalent components for cost reduction
  • Handling Sourcing activity for All Products and aware of Quality Process
  • Vendor identification w r to BOQ and Specification
  • Vendor Evaluation & Vendor Registration
  • Preparation of quote, make comparative statement for price
  • Preparing Contract Agreement and purchase orders
  • Follow Up with Vendor for Material Dispatches as per schedule mentioned in respective PO
  • Preparation of Request for Payment to Supplier (RPS) due dates for payment based on Payment Terms mentioned in respective PO
  • Follow-Up with accounts for release the Payment in time to Vendor
  • Vendor identification wrt BOM for Electronic, Mechanical & Electromechanical parts
  • Customizing different purchasing documents such as PR, RFQ and PO’s/SO’s
  • Co-ordination with Production team and keep track of material flow
  • Active Participation in Internal Audits
  • Maintenance of ISO Documents

Personal Information

  • Father's Name: S.Yella Reddy
  • Date of Birth: 11/02/87
  • Gender: Male
  • Marital Status: Married

Timeline

Purchase/Procurement Manager

Accord Power Conversion Private Limited
02.2023 - Current

Purchase Manager

Blaze Automation Services Private Limited
10.2021 - 01.2023

Purchase Manager

Verticross India Private Limited
04.2019 - 08.2021

SCM Manager

Adya Smart Metering Private Limited
07.2018 - 03.2019

Purchase/Vendor Development Manager

Aishwarya Technologies and Telecom Limited
11.2016 - 06.2018

Purchase/Vendor Development Manager

Naina Power Pvt.Ltd.
02.2011 - 11.2016

Technical Engineer

Team Engineers
08.2009 - 02.2011

Bachelor Degree - Electronics & Communication Engineering

Jawaharlal Technological University (JNTU)
Praveen Kumar Reddy Sitagari