Accomplished Procurement Manager with a proven track record at Roots Corporation Limited - Tata Group, enhancing supply chain efficiency through strategic sourcing and supplier relationship management, negotiations, teamwork,Cost-saving strategies and streamlining processes.
Role: Project supplies for Hotel Renovations
•Negotiations: Negotiating product prices by collaborating with vendors basis design recommended by consultant and ensure the timely project deliverables and quality standards.
• Vendor Relationship: Optimized supply chain management by establishing strong relationships with vendors, reducing lead time involved and inventory costs.
• Identification of vendor pool: Researched market to identify potential pool of vendors considering no of projects in pipeline and stringent project timelines.
• Coordination: Coordinate with departments, cross-functional teams to deliver successful projects on time and within budget constraints, meeting business objectives.
•Quality: Evaluate vendor proposals from quality assurance point of view, ensuring the selection of the best-suited partners for each project.
• Efficiency: Maximized project efficiency by streamlining communication and collaboration between internal teams and external stakeholders.
• Tracking: Managed resource estimates, project timeline, project milestones, task dependencies and critical path
• Planning: Developed comprehensive project plans to ensure all milestones are met in a timely manner.
• Improvements: Conduct thorough post-project assessments to identify areas for improvement and implementing it in future.
•Innovative Solutions: Implement innovative solutions to overcome complex challenges during project development stages.
• Work Environment: Fostered a positive work environment that encouraged open communication, teamwork, and creative problem-solving techniques.
• Risks: Determined risks and created risk-mitigation strategies and closely monitoring project progress
• Response: Ensuring timely response on emails and telephonic calls as profile requires lot of coordination among vendors and site team
• Resolutions: If the vendor is facing the challenge in supplies, ensure the timely escalation as well as finding resolutions which would help in achieving the project timelines.
Role - Procurement Manager Handled, Capital, Operational and Operational items, Annual Maintenance contracts, Manpower Service contracts, F & B Contracts, Project Supplies, F & B contracts and Project ordering on hotel opening and renovations.
Handled - Many hotels opening project ordering for Ginger Brands.
· Supply Chain/Procurement - Managed supply chain process, from order placement to delivery, to facilitate on-time delivery of material.
· Basis of Product: Evaluate supplier quotes based on purchasing procedures and competitiveness in quality, price and delivery.
· Cost Saving Initiatives: Reduced procurement costs by implementing strategic sourcing initiatives and negotiating favorable connects with suppliers. Developed strong relationships with key suppliers, resulting in improved communication, better pricing, and reliable delivery schedules and leveraging bulk buying opportunities
· Supplier Evaluations: Conducted thorough supplier evaluations, selecting vendors based on quality, price, reliability, and commitment to sustainability initiatives and improvement as well as accountability.
· Reports: Present reports to management on purchasing trends and cost savings to aid in decision making.
· Budgeting: Collaborated with finance departments on budgeting and forecasting activities, ensuring accurate representation of procurement expenses and cost-saving opportunities.
· Polices: Developed and implement procurement policies and procedures to enhance compliance with company standards.
· Payment Issues : Resolved invoice and payment issues to facilitate prompt payment to suppliers.
· Global Sourcing: Managed global sourcing efforts for diverse product categories spanning multiple countries and regions.
· Identification of New Supplier/Vendor: Analyse market trends to identify new suppliers and emerging technologies that could enhance company operations or reduce costs.
· Automation: Streamlined procurement processes for increased efficiency and cost savings through the implementation of digital tools and automation.
· Avoid Delay: Coordination with logistics to ensure timely delivery of materials, preventing production delays.
· Long Term Contracts: Led negotiation of long-term contracts with strategic suppliers, securing stable supply chains and price advantages.
· Value Engineering: Collaborated with product development teams to source innovative materials that met technical specifications and cost targets.
· Vendor Relation: Facilitated resolution of disputes with suppliers, maintaining strong partnerships and ensuring uninterrupted supply.
· Team Bulding: Enhanced team performance by providing ongoing training and support on procurement best practices and software tools.
· Sustainable products: Reduced excess inventory and Implemented sustainable procurement strategy, contributing to company's environmental goals by selecting eco-friendly materials and suppliers.
· Inventory Management: Monitored inventory levels and avoided shortages with timely replenishment of stock and minimized waste by introducing just-in-time purchasing system.
· Improvement: Assessed areas of service concern and developed improvement plans.
Supplier Management