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Pravin Panchal
Ahmedabad
Work Preference
Summary
Dynamic procurement professional with extensive experience at IDMC Ltd., excelling in project procurement and vendor development. Proven track record of achieving significant cost savings through strategic sourcing and contract negotiation. Skilled in inventory control and project management, fostering strong supplier relationships to ensure timely delivery and quality materials.
Overview
3
3
Languages
5
5
Certification
18
18
years of professional experience
Work History
Deputy Manager - Sourcing & Vendor Development
IDMC Ltd.
Anand
05.2016 - Current
- Project review and making project-wise summary of all raw material for bulk procurement direct from OEMs.
- Monitored procurement activities to maintain project timelines and budget. full cycle of P2P by coordinating with end user, supplier and other internal department.
- Completed procurement for over 25 dairy and pharma projects within budget constraints.
- Looking after project procurement of Refrigeration equipment, Refrigeration spares, Insulation materials and HVAC system for processing area.
- Handling procurement of Stainless Steel, Mild Steel, Brass, Copper Aluminum in different form like - Coils, Plates, Round Bar, Hex Bar, Square Bar foils etc. which are used a raw material in projects.
- Managed inventory levels to ensure timely availability of materials and meet user requirements in JIT.
- Executed cost-effective procurement of raw materials by analyzing average consumption patterns.
- Continuous monitoring of price trend in market to get the material at competitive price.
Senior Executive - Purchase
Teva Pharm India Pvt. Ltd.
Sanand
04.2013 - 04.2016
- Managing complete procurement of Utility items viz. Pumps, Valves, Pipes, Fittings, Instruments, etc.
- Independently procured 3000 MT of steel and cement for the Sanand OTC project.
- Generated savings of 25% on quoted rates through cost analysis of turnkey contracts for mechanical, electrical, fire protection, networking, HVAC, and purified water distribution systems using zero-based cost analysis and direct OEM offers.
- Delivered a cost savings impact through supply base rationalization and strategic sourcing efforts within targeted categories.
- Extended net payment terms with the supplier base by an average of 30 days for the new suppliers and indirectly contributed to reduce the company's working capital.
- Oversaw major contracts for mechanical, electrical, instrumentation, HVAC, and firefighting systems, ensuring compliance and performance standards.
- Steered the implementation of SAP for OTC Plant
- Developed over 100 vendors for indirect purchases, establishing a robust supply chain in a new local market.
Senior Engineer - Purchase
Suzlon Energy Limited
Varanama
11.2010 - 04.2013
- Managed end to end procurement (from stage of indenting till payment process) of following items: Various engineering brought items, drawing based item, machines, machine tools, spares and for Job work, Capital goods, raw materials, consumables, packing material, hardware, spares, etc. for Blade Manufacturing Unit
- Imported control devices, machine spares, and consumables for production needs.
- Arranged rate contracts for tools, safety items, and daily consumables, resulting in reduced procurement costs
- Acquired annual maintenance contracts totaling Rs. 1 Crore, enhancing service reliability
- Maintained documentation as per ISO System and MIS (weekly reports, PR pending reports, PO pending report, etc.)
- Developed 20 vendors for customized items, improving supply chain flexibility
Purchase Engineer
Videocon Industries Limited
Bharuch
12.2007 - 11.2010
- Handled purchase of various local and imported items such as: Machine spares and consumables such as Electrical, Mechanical, Electronics & Controls, etc.
- Negotiated with vendors to secure competitive offers for items.
- Prepared comparative statements to negotiate prices and terms with vendors.
- Worked in close coordination with: Foreign & local manufacturers, vendor, dealer, distributors, traders, etc. for floating inquiries.
- Import Purchase Order, Domestic Purchase Order and Service Order and sent the same for release with proper documentation & approval.
- Followed-up promptly with: Suppliers for O/A, Proforma invoice and making payment advice.
- Coordinated with finance department to facilitate timely payments to suppliers.
- Finalized freight forwarders and developed vendor relationships to enhance procurement efficiency.
- Suppliers for ensuring timely delivery of materials, rejections and replacements or refunds.
- Weekly reports, PR pending reports, PO pending report, etc.
- Drawing based Fabricated and Machined items using in CTV Manufacturing Line.
Purchase Officer
Shaily Engineering Plastics Limited
Rania Plant
11.2006 - 12.2007
Purchase Engineer
MARS (Modern Automation & Robotic Systems)
Vadodara
05.2005 - 10.2006
Production and Assembly Supervisor
Multifab (Gujarat) Pvt. Ltd.
Vadodara
02.2004 - 05.2005
Trainee Engineer
Anukul Industries
Mumbai
01.2002 - 01.2004
Education
Diploma - Mechanical Engineering
Technical Examination Board (Gujarat - India)
Gujarat, India01-2002
Skills
- Procurement management
- Project Management
- Capital Procurement
- Project sourcing
- Vendor Development
- Contract Negotiation
- Cost Analysis
- Price Negotiations
- Inventory Control
- Materials Management
- MRO procurement
- Import Procurement
- Just-in-time
- Process optimization
- Procurement management
Personal Information
- Date of Birth: 02/12/82
- Marital Status: Married
Language Skills
- English
- Gujarati
- Hindi
Languages
English
Advanced (C1)
C1
Hindi
Advanced (C1)
C1
Gujarati
Advanced (C1)
C1
Certification
- CIPP - Certified International Procurement Professional
- CIPM - Certified International Procurement Manager
- IIMM - Indian Institute of Materials Management - Incoterms & Rick Management in Procurement
- Microsoft Excel 2010 - Advance level
- Minar Management - Planning Prioritising & Crisis Management
- AMA - Sustainable Procurement Practice in India
Accomplishments
- 1000 Crores Turn over Achievement - IDMC Ltd
- SAP Implementation - Teva Pharmaceutical Ltd
- High Performance Team Development - Teva Pharmaceutical Ltd
- Relationship Management - Homi Mulla
- Team Building work shop - Teva Pharmaceutical Ltd
- Vendor Management, Admin Services and Timely payment - - Teva Pharmaceutical Ltd
Timeline
Deputy Manager - Sourcing & Vendor Development
IDMC Ltd.
05.2016 - Current
Senior Executive - Purchase
Teva Pharm India Pvt. Ltd.
04.2013 - 04.2016
Senior Engineer - Purchase
Suzlon Energy Limited
11.2010 - 04.2013
Purchase Engineer
Videocon Industries Limited
12.2007 - 11.2010
Purchase Officer
Shaily Engineering Plastics Limited
11.2006 - 12.2007
Purchase Engineer
MARS (Modern Automation & Robotic Systems)
05.2005 - 10.2006
Production and Assembly Supervisor
Multifab (Gujarat) Pvt. Ltd.
02.2004 - 05.2005
Trainee Engineer
Anukul Industries
01.2002 - 01.2004
Diploma - Mechanical Engineering
Technical Examination Board (Gujarat - India)