Summary
Overview
Work History
Education
Skills
Accomplishments
Certification
Languages
Personal Information
Trainings Attended
Hobbies and Interests
Projects
Timeline
Generic
Rakesh Nair

Rakesh Nair

Ahmedabad

Summary

Experienced Procurement Specialist adept at strategic sourcing, vendor negotiations, and supply chain optimization. Skilled in cost-saving initiatives, contract management, and fostering strong supplier relationships. Proven track record of driving efficiency and delivering value to organizations through effective procurement strategies.

Overview

6
6
years of professional experience
1
1
Certification

Work History

Sr. Executive, SCM

Highly Electrical Appliances India Pvt. Ltd
01.2023 - Current
  • Negotiating cost-saving deals
  • Procuring Direct (HRPO, Electrical Steel), job work and auxiliary items
  • Co-ordinating timely deliveries with vendors for various job works
  • Monitoring commodity market trends
  • Managing internal and external stakeholders
  • Overseeing inventory levels
  • Maintaining ISO 9001 & 14001 documentation
  • Conducting vendor audits for quality assurance

Sr. Purchase Executive, Supply Chain

Loxim Industries Limited
10.2017 - 01.2023
  • Vendor Development and relationship management
  • Price Negotiation
  • Managing RFQs & POs in Microsoft Dynamics Navision
  • Handling diverse procurement portfolio including Engineering Spares, Capital Goods, Raw Materials, Consumables, etc.
  • Overseeing Purchase to Pay (P2P) process
  • Coordinating with vendors for timely orders
  • Liaising with internal stakeholders to understand and prioritize requirements
  • Planning and executing Purchase Strategies
  • Tracking key metrics to reduce expenses and enhance efficiency
  • Providing market intelligence to support decision-making
  • Preparing presentations for monthly review meetings
  • Contributing to procurement for expansion projects
  • Representing the Purchase department in ISO/IATF 9001:2016 and external audits

Education

MBA - Advanced Management Program in Operations & Supply

Indian School of Business
Hyderabad, India
04.2023

Bachelor of Engineering - Mechanical

JSPM’s Imperial College of Engineering & Research
Pune
04.2013

Skills

  • Strategic Sourcing

  • Vendor Management

  • Contract Negotiation

  • Cost Management

  • Supply Chain Optimization

  • Market Analysis

  • Cross-functional Collaboration

  • MS Dynamics Navision ERP (Equivalent to SAP)

Accomplishments

  • Rapid Promotion: Ascended from a fresher to handling engineering spares within 6 months.
  • Cost Efficiency: Reduced transportation costs by sourcing new vendors locally.
  • Strategic Analysis: Identified cost-saving opportunities through logistics history analysis.
  • Contract Success: Successfully renewed vendor contracts without price increases.
  • Supply Chain Resilience: Mitigated COVID-19 supply risks by sourcing alternate materials and suppliers.
  • Project Management: Led the execution and commissioning of a new production line.
  • Career Advancement: Earned promotions from Trainee Purchase Executive to Senior Executive, showcasing consistent performance and expertise.

Certification

  • Certificate course in Custom Clearance (AMA)
  • Certified IATF 9001:2016 Internal Auditor
  • First Aid Training (AMA)

Languages

English
Hindi
Malayalam
Gujarati
Marathi

Personal Information

  • Father's Name: Ramachandran Nair
  • Mother's Name: Leela Nair
  • Date of Birth: 11/18/90
  • Marital Status: Unmarried

Trainings Attended

  • Legal Aspects of Procurement (AMA)
  • Excel Training (AMA)

Hobbies and Interests

  • Internet Browsing
  • Learning about new cultures
  • Reading on international relations, polity, current affairs & politics

Projects

Worked on project “Productivity Improvement in Coil Shop” at Manufacturing Engineering Department, THERMAX LTD.

Timeline

Sr. Executive, SCM

Highly Electrical Appliances India Pvt. Ltd
01.2023 - Current

Sr. Purchase Executive, Supply Chain

Loxim Industries Limited
10.2017 - 01.2023

MBA - Advanced Management Program in Operations & Supply

Indian School of Business

Bachelor of Engineering - Mechanical

JSPM’s Imperial College of Engineering & Research

Similar Profiles

CREATE PROFILE
Rakesh Nair