Summary
Overview
Work History
Education
Skills
Awards
Personal Information
Timeline
Hi, I’m

Ritesh Kumar Jain

Indirect Procurement Professional
Pune,MH
Ritesh Kumar Jain

Summary


Knowledgeable Head Procurement with solid background in managing procurement processes and vendor relations. Effectively negotiated contracts and ensured timely delivery of high-quality materials. Demonstrated strategic sourcing and inventory management skills to optimize supply chain operations.

Overview

29
years of professional experience
5
years of post-secondary education

Work History

EKA Mobility
Pune

Div Manager- Purchase
04.2023 - Current

Job overview

  • EKA Mobility, a JV among India based Pinnacle, Japan based Mitsui co. & Netherlands based VDL Grope.
  • Pinnacle mobility is establishing a green field automotive plant of sustainable green vehicle manufacturing.
  • Develop & Implement Purchase policies & team of engineers for Start-up E - Vehicle manufacturing organization to source 200 Cr capital equipment.
  • Estimate & implement supply chain operation excellence to optimize capital expenditure for building new assembly line & present planning to Board of Directors for investment approval.
  • Accomplished multiple tasks within established timeframes.
  • Managed and motivated employees to be productive and engaged in work.

Danfoss Industries
Chennai

Regional Category Manager - Indirect Purchase
11.2021 - 04.2023

Job overview

  • Play an active role in management of the contract life cycle from identification of a need, through negotiation, agreement, monitoring, and close-out for global Danfoss event contract, office supply solutions for Danfoss Europe & Asia Pacific of 500 Cr value.
  • Fostered positive work atmosphere by acting and communicating collaboratively with customers.
  • Lead a team of change management experts, who support the factories and DCs in Asia PACific (APAC) region incl. M&A sites, with reduction of Indirect cost 30 Cr (Logistics, Maintenance, Repair, Operations, Facilities & Utilities, Admin and IT related costs).
  • Improved collaboration b/w factories, DCs, support functions, which resulted in high pull from stakeholders for cost optimization projects.
  • Implement tools & processes to optimize the S, Q, D & C within factories, incl. labor costs and indirect costs which contributes the Cost of Goods Sold.
  • Support continuous improvements in factories.
  • Driving Performance Management to follow up on activities, provide corrective actions if needed, and challenge to reach stretched targets.
  • Mentored junior team members in category management best practices, contributing to a high-performing and collaborative work environment.

Mahansaria Tyres Pvt Ltd.
Mumbai

DGM – Indirect Purchase
01.2021 - 11.2021

Job overview

  • Heading a team of buyers (6 People) to source administration services, IT Hardware & Software, MRO, Mould Tooling and Capital equipment for green field OTR Tyre plant of worth 400 Cr.
  • Collaboratively working with production & maintenance team & finalized list of MRO items & guide buyer team to preparing ARC (Annual Rate Contract) for items i.e Bearing, Pneumatic tools, Bead-Ring, Bladders tooling, Motors & VFD, LDO, Lubricant
  • Monitoring annual budget & spent to source category product.
  • Self-motivated, with a strong sense of personal responsibility.
  • Worked well in a team setting, providing support and guidance.
  • Assisted with day-to-day operations, working efficiently and productively with all team members.

Sparkline Equipment Pvt Ltd.
Pune

Manager – Projects
07.2019 - 03.2020

Job overview

  • Streamlined project processes by implementing efficient management strategies, leading to improved overall performance.
  • Implemented risk management strategies to minimize potential issues and maintain project stability.
  • Identified opportunities for process improvements, implementing changes that increased efficiency across all projects.

MAN Trucks India Pvt Ltd
Pune

Sr Manager Indirect Purchase
06.2016 - 11.2018

Job overview

  • Established strong relationships with clients and stakeholders, ensuring long-term partnerships and repeat business.
  • Implemented and developed operational standards, policies and procedures.
  • Held monthly meetings to create business plans and workshops to drive successful business.
  • Led cross-functional teams to achieve project milestones and deliver high-quality results to source 1000 Cr Projects
  • Consistently met or exceeded annual performance targets set by senior leadership.

Renault-Nissan
Chennai

Section Manager-Purchase
11.2008 - 06.2016

Job overview

  • Implemented Renault Global purchase 'PUMA' systems for maintaining procurement related data and documents.
  • Supervising team of buyer with responsibility of green field capex expenditure & long terms facility contract of value 1500 Cr

Atlas Copco (I) Ltd

Asst Manager -CME
05.2008 - 11.2008

Job overview

  • Planning, development, implementation and evaluation of processes for material delivery from supplier to point of fit.
  • Anticipating based on the competitor sale, marketing data about the fluctuations in market demands and initiate necessary measures with the vendors to meet the varying Production requirements.
  • Maximized performance by monitoring daily activities and mentoring team members.

Mahindra & Mahindra

Assistant Manager -CME
03.2005 - 05.2008

Job overview


  • Supervised day-to-day operations to meet performance, quality and service expectations.
  • Improved customer satisfaction by addressing and resolving complaints promptly.

Eicher Motors
Indore

Engineer-CME
06.1996 - 03.2005

Job overview

  • Achieved successful 20+ project outcomes by maintaining accurate documentation and meeting strict deadlines.
  • Presented technical findings to stakeholders, ensuring clear understanding of project status and goals.
  • Provided input to team lead regarding areas for process and procedural improvement.
  • Reviewed technical drawings developed by CAD technicians and drafters.
  • Evaluated vendor 200+ proposals for equipment procurement, selecting optimal solutions based on performance requirements.
  • Achieved significant cost savings in material usage through development and application of innovative recycling program

Education

BITS
India

Bachelor of Science from Engineering
04.2001 - 01.2006

University Overview

GPA: 6.4 CGPA

Skills

Awards

  • Senior member in global sourcing team of MAN SE, Renault Nissan Purchase.
  • Best Performer of the year 2016 @ MAN Truck India.
  • VP Excellent Award for purchasing of Paint line within time & budget for Lodgy-2014.
  • Best event sourcing of world-wide Renault KWID Launch in 2015.
  • Best performer of the year 2002-2003 at EICHER.

Personal Information

  • Available: Immediate
  • Date of Birth: 05/27/75

Timeline

Div Manager- Purchase

EKA Mobility
04.2023 - Current

Regional Category Manager - Indirect Purchase

Danfoss Industries
11.2021 - 04.2023

DGM – Indirect Purchase

Mahansaria Tyres Pvt Ltd.
01.2021 - 11.2021

Manager – Projects

Sparkline Equipment Pvt Ltd.
07.2019 - 03.2020

Sr Manager Indirect Purchase

MAN Trucks India Pvt Ltd
06.2016 - 11.2018

Section Manager-Purchase

Renault-Nissan
11.2008 - 06.2016

Asst Manager -CME

Atlas Copco (I) Ltd
05.2008 - 11.2008

Assistant Manager -CME

Mahindra & Mahindra
03.2005 - 05.2008

BITS

Bachelor of Science from Engineering
04.2001 - 01.2006

Engineer-CME

Eicher Motors
06.1996 - 03.2005
Ritesh Kumar JainIndirect Procurement Professional