Ravi Yadav

• Controlled costs by streamlining operations and reducing waste.
• Met divisional objectives by recruiting and qualifying vendor and trade bases.
• Developed compelling presentation decks to gain approval for ideas and communicate results.
• Developing and executing a robust global commodity strategy.
• Analyzing supplier quotes to optimize costing and achieve cost savings
• Business Proposal Evaluation and Recommendations
• Cost Reduction Strategy Implementation- Cost Optimization Opportunities- Cost Engineering and Should Costing
• Risk Assessment and Internal Controls
• External Audits- SCM Process Improvement

• Accomplished procurement professional, excelling in data-driven sourcing strategies, consistently meeting budget goals through analytical insights.
• Led cross-functional teams, optimizing critical commodities (e.g., Induction motors, Electric steel) for improved supplier relations, reduced costs, and heightened efficiency.
• Skilled in various cost analysis techniques (should costing, zero-based costing), adeptly negotiating competitive supplier pricing, while staying informed through industry reports.
• Proficient Excel user, creating advanced budgeting and forecasting models to uncover cost-saving opportunities, alongside pioneering supplier scorecards with advanced analytics.
• Expertise in BOM costing (SAP, Oracle), collaborating effectively across functions to resolve technical challenges and bottlenecks.
• Positioned to drive sustainable procurement practices, leveraging extensive experience for strategic supplier partnerships.

• Led engine part sourcing, ensuring optimal cost and quality through supplier selection, negotiation, and evaluation.
• Developed cost models (should-costing, zero-based costing) considering volume, tooling, and logistics costs.
• Drove design-to-cost and value engineering initiatives, optimizing engine part designs with cross-functional teams.
• Formulated sourcing strategies, reporting to Global & local management for a reliable engine parts supply chain.
• Managed supplier relationships, audits, corrective actions, and performance improvement initiatives.
• Implemented risk management, identifying and mitigating supply chain risks like disasters and instability.
• Collaborated with cross-functional teams, overseeing engine parts development from design to production, adhering to timelines and budgets.

• Expertise in zero-based costing for diverse components, ensuring precise cost estimates.
• Familiarity with global sourcing and vendor engineering, navigating international supply chains.
• Successful vendor development and rate contract finalization for new components.
• Skilled in commodity rate monitoring, leveraging market trends for informed decisions.
• Proficiently prepare MIS data, enabling strategic spend and cost-saving analysis.
• Equipped to drive cost efficiency and strategic procurement through data-driven insights, as recognized by McKinsey during a year-long collaboration.

• Material planning and procurement for parts like electric motor / Shafts.
• Procurement of import material as well as local material.
• Purchasing of bars, shafts, sheet metal components, motor components etc.
• Purchasing of capital goods.
• Timely update of info records in SAP.
• Preparation of MIS report for department.
• Improve supplier system and process.
• Worked on KAN BAN system.
• Cost reduction through source localizing and negotiation.