With a proven track record at NCL VEKA LTD, I spearheaded a cost reduction program saving Rs.4.00 Crores, showcasing my problem-solving prowess and team leadership. My expertise in client relationships and meticulous attention to detail have consistently enhanced operational efficiency and profitability, with a notable 20% improvement in supplier performance.
Overview
23
23
years of professional experience
Work History
Consultant
SRI VEERABAHDRA AGENCY
Bidar
08.2020 - Current
Evaluated client needs and expectations, establishing clear goals for each consulting engagement
Liaised with customers, management, and sales team to better understand customer needs and recommend appropriate solutions
Collaborated with cross-functional teams to successfully deliver comprehensive solutions for clients
Managed client relationships through regular check-ins and updates on project progress
Senior Manager
NCL VEKA LTD
Hyderabad
03.2013 - 07.2023
Drove a company-wide cost reduction program that generated savings of Rs.4.00 Crores in the first two years through improved vendor selection and contract negotiations
Analyzed market trends and developed procurement strategies that achieved a 5% cost reduction on various materials over a 2-year period
Collaborated with the logistics team to recalibrate stock levels, resulting in a 15% cut in excess inventory and warehousing costs
Effectively negotiated annual contracts with a savings impact of 10% below previous year's spending
Standardized procurement processes across multiple departments, decreased processing time and overall control on the process of materials and cost
Contributed to the renegotiation of shipping terms with key suppliers, which cut logistics costs by 12%
Implemented a vendor scorecard system, contributing to a 20% improvement in supplier on-time delivery performance
Managed a sourcing team of 5 members and regular co-ordinations with stores in charges
Responsible for putting procedures in place to make the company more profitable by eliminating major interruptions in production due to depleted inventory
Sourcing and procuring of all raw materials like, PVC resin, Tio2, Caco3, Proc-aid, TPE's, etc
Inviting quotations, Negotiating, and finalizing the pricings
Maintaining Minimum & Maximum Level of Critical & Fast-Moving Items
Initiating to obtain the necessary Licenses to import the raw materials
Preparing the raw material cost estimations for new projects
Involved in the new factory constructions works like, civil works, PEB works, electrical works and other all activities to setup a new plant
Supervised team of 5 staff members
Reused the rejected raw material worth Rs
20.00 lakhs, after successful trails
Purchase Executive
Aster Private Limited
Hyderabad
12.2008 - 03.2013
Negotiated with vendors to procure best prices and quickest service for equipment and supplies
Assisted in budget development by providing detailed forecasts of anticipated expenditures based on historical data analysis
Developed strong relationships with key suppliers, fostering long-term partnerships and ensuring timely delivery of products
Implemented vendor rating systems to track supplier performance, ensuring high-quality standards were maintained consistently
Purchase Executive
Link Well Tele System Pvt Ltd
Hyderabad
10.2006 - 12.2008
Negotiating & Finalization of purchase orders, contracts and import purchase orders
Rate contract for regular spares/ consumables
Coordinating Freight forwarders, C & F agents for smooth inbound logistics
Leveraged excellent inter-personal skills for effective co-ordination between various departments
Generation of monthly MIS report for Material Management department & ISO documentation for purchase department
Identifying and developing new suppliers to meet quality, cost & delivery requirements
Generation of monthly reports from ERP
Receive the monthly production plan from Central Planning and Control department
Key in the production plan in ERP, run MRP and plan the material requirement
Analyze the inventory levels for A, B and C class items
Supplier evaluation/ revaluation on the basis of Manufacturing facilities/ Capacity, Capability & quality Systems
Supplier performance rating for delivery and quality
Ensure the smooth operations in inbound logistics
Ensure the departmental activities adhering with quality management systems
Conducting scrap disposal activity periodically
Responsible for maintaining inventory within norms decided by top management
Purchase Engineer
Mungi Engineers Pvt. Ltd
Zahirabad
06.2002 - 09.2006
Negotiated lead-time, cost and quality to obtain maximum company benefit
Analyzed purchase orders for accuracy before submission, preventing costly errors or delays in order processing
Analyzed vendors and suppliers to select most suitable to deliver high-quality products at competitive pricing
Participated in status reviews, audits, and purchase meetings to resolve proposal issues and implement process improvements
Education
DIPLOMA - Mechanical Engineering
HARALAIAH POLYTECHNIC
Bhalki, India
06.2002
Skills
Problem-Solving
Client Relationships
Attention to Detail
Loss Prevention
Affiliations
A good relation with all the age group colleagues and internal departments like stores, accounts, production, R & D, QC and fabricators.
Accomplishments
Supervised team of 5 staff members.
Additional Information
During the 7 years of my procurement activity at NCL VEKA, the production (Extrusion) line was not stopped because of short fall of raw materials.
Senior Branch Credit and Operation Managaer at Cholamandalam Investment & Finance CompanySenior Branch Credit and Operation Managaer at Cholamandalam Investment & Finance Company