Ratheeskumar R
Coimbatore
Summary
Seasoned Purchasing Manager with 8+ years of experience optimizing procurement processes, reducing costs, and managing vendor relationships. Expert in Microsoft Office Suite with a strong background in digitalization. Achieved significant improvements in inventory management and cost efficiency.
Overview
9
9
years of professional experience
Work History
Purchasing Manager
Maxbyte Technologies
Coimbatore
12.2021 - Current
- Led a team of 5 to streamline purchasing operations, reducing order fulfillment cycle times by 25%.
- Spearheaded negotiations with 80+ vendors to secure advantageous terms, generating cost savings of 36% annually.
- Implemented rigorous supplier evaluation processes, resulting in a 30% improvement in product quality while maintaining strict cost controls.
- Developed and implemented an inventory reduction strategy that reduced excess stock by 40%, while maintaining 98% availability of critical items.
- Created a centralized procurement database to improve transparency and reduce processing time by 35%.
- Created and enforced the departmental budget, resulting in a 93% adherence rate across all purchasing activities.
- Improved procurement cost efficiency results in $190K savings annually through strategic supplier negotiations.
- Import-export procedures were streamlined, increasing processing efficiency by 25%, without incurring additional costs.
- Coordinated global vendor relationships involving over 25 vendors across the globe.
- Reduced lead times by 75% by optimizing supplier selection processes and utilizing data-driven market forecasting.
Purchase Engineer
NS Sheet Ltd
Coimbatore
06.2019 - 11.2021
- Negotiated lead time, cost, and quality to obtain maximum company benefit.
- Analyzed vendors and suppliers to select those most suitable to deliver high-quality products at competitive pricing.
- Collaborated with cross-functional teams to understand project needs and ensure timely delivery of materials, contributing to successful project completion.
- Managed vendors and suppliers to meet objectives related to cost, delivery performance, and schedule.
- New supplier selection and development for commodities like machined parts, heavy fabrications, and sheet metals.
- Focus on cost reduction, developing alternate suppliers, new vendor development, and identification.
- Assessing the performance of the vendors, vendor ratings are asked on various criteria, such as quality improvement, timely delivery, and credit terms.
Junior Engineer - Vendor Development
MDL Vishal India Private Limited
Coimbatore
06.2018 - 05.2019
- Collaborated with the engineering team to determine project specifications.
- Studied corrections from senior engineers to learn and grow professionally.
- Assisted in troubleshooting equipment issues, minimizing downtime, and maintaining productivity levels.
- Reduced production costs by implementing cost-saving measures in materials procurement and manufacturing processes.
- Collaborate with the planning and production teams on weekly and monthly material requirements, and follow up with the vendor.
- Maintain and ensure the minimum stock level of all materials handled.
- Preparation of monthly, annual savings, and spent analysis reports.
- Preparing and issuing purchase orders in accordance with the vendors.
Junior Engineer - Supplier Quality
Raaja Magnetics Ltd
Coimbatore
12.2015 - 05.2018
- Collaborated with the engineering team to determine project specifications.
- Studied corrections from senior engineers to learn and grow professionally.
- Assisted in troubleshooting equipment issues, minimizing downtime, and maintaining productivity levels.
- Reduced production costs by implementing cost-saving measures in materials procurement and manufacturing processes.
- Preparing and issuing purchase orders in accordance with the vendors.
- Responsible for performing periodic quality assessments of the suppliers.
- Drive quality improvement with suppliers through the use of structured tools like CAPA, RCA, and 8D Reports.
- Conduct Quality System Audits on new suppliers.
Education
Bachelor of Engineering - Mechanical Engineering
Sri Ramakrishna Institute of Technologies
Coimbatore05-2015
Pitch Deck Hero: Business Presentation And Communication -
MTF Institute of Management
09-2024
Skills
- Supply Chain Management
- Resourcefulness
- Cost controls familiarity
- Price Negotiation
- Distribution experience
- Vendor Relationship Management
- Supplier Relationship Management
- Vendor Sourcing
Accomplishments
Cost Savings Initiative Success
Negotiated with Key suppliers to significantly reduce expenditure, saving the company over $470K in three years.
ISO 9001:2015 Standards Compliance Recognition
Recognized for maintaining a perfect compliance record
Innovative ERP Model Implementation
Introduced an ERP module at Maxbyte, which enhanced visibility of the supply chain process.
Achievements
Industry 4.0 Supply Chain Management Excellence 2023 - 2024
Best Performer Award for the year 2022 - 2023
Timeline
Purchasing Manager
Maxbyte Technologies
12.2021 - Current
Purchase Engineer
NS Sheet Ltd
06.2019 - 11.2021
Junior Engineer - Vendor Development
MDL Vishal India Private Limited
06.2018 - 05.2019
Junior Engineer - Supplier Quality
Raaja Magnetics Ltd
12.2015 - 05.2018
Bachelor of Engineering - Mechanical Engineering
Sri Ramakrishna Institute of Technologies
Pitch Deck Hero: Business Presentation And Communication -
MTF Institute of Management
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