SANGAMESH SANGAM
Bengaluru
Summary
An engineering dynamic professional with 10 year's experience in material planning, scheduling in domestic, supply chain management, Inventory control management, Negotiation & Monitoring of material Accounting/Issuing/Consumptions. Expertise in Supplier selection, price negotiation along with payment and delivery terms negotiations. Efficient in resolving conflicts between supplier and SCM team. Hands-on experience in implementing cost saving measures to achieve reduction in terms of procurement cost. Efficient organizer, motivator, team player and a decisive leader with the skill to motivate teams to excel and win.
Overview
3
3
years of professional experience
Work History
Procurement Officer
ITC Limited
Bengaluru
08.2022 - Current
- Developed and implemented procurement policies, procedures, and systems to ensure compliance with applicable laws and regulations.
- Monitored supplier performance metrics such as delivery times, quality of goods and services, pricing levels.
- Negotiated contracts with vendors in order to secure the most favorable terms possible.
- Conducted market research in order to identify potential suppliers and obtain competitive bids from them.
- Managed supplier relationships by providing timely responses to inquiries, addressing issues promptly.
- Reviewed requisitions submitted by internal stakeholders for accuracy and completeness.
- Reviewed invoices and purchase orders for accuracy and completeness prior to payment processing.
- Evaluated products and services offered by vendors based on factors such as price, quality, availability, reliability.
- Generated periodic reports related to procurement activities for senior management review.
- Maintained an up-to-date database of approved suppliers along with their contact information.
- Ensured that all purchases were made in accordance with organizational policies and procedures.
- Researched new sources of supply in order to improve cost savings opportunities.
- Coordinated with other departments in order to resolve discrepancies between orders placed and deliveries received.
- Assisted internal stakeholders with resolving any queries related to procurement activities.
- Performed regular audits of existing contracts and purchase orders against actual usage data collected from various departments within the organization.
- Negotiated and finalized vendor contracts in order to optimize pricing structures and delivery schedules.
- Stayed up to date on market trends, prices and vendor options.
- Decreased spending, locating new suppliers by networking at industry markets, purchasing and designing cost-effective products and reviewing samples.
Sr. EXECUTIVE - PURCHASE
STOVEKRAFT LIMITED
Bangalore
09.2021 - 07.2022
- Receive the marketing plan followed by production plan, the requirements have to be calculated by reviewing the opening stock vs actual requirements and accordingly the schedule qty will be arrived with proper safety stock
- As per the arrived schedule Qty with required safety of margin, the order will be made and released to the supplier
- Track orders and ensure timely delivery
- Negotiate contract terms of agreement and pricing
- Compare and evaluate offers from suppliers
- Research potential vendors
- Review quality of purchased products
- Performs comparison shopping and negotiations to secure lower prices on materials
- Ensure the delivery of the materials will be sequentially aligned with production requirements by TOC norms (Theory of constraint)
- Necessary changes in production flow will be updated to the supplier and make ensure that the supplier will be ready to deliver the materials according to our internal changes or deviations
- Procure the materials in correct time as per production plan
- Effectively & efficiently controlling the respective area of the purchase and ensure that the prime responsibilities will be carried out without fail by properly utilizing the manpower and other resources provided by the organization
- In Office TPM (OTPM) is the seventh pillar and concentrates on all area that provide administrative and support functions in the organization
- Logistics co-ordination to procure the materials on time to meet TOC norms
- Support of logistics to the inter departments based on their needs such as service, tool transfer, part transfer, rectification and return of machine spares / tool spares
- Doing accounts reconciliation with all vendors periodic basis
- Purchase negotiation, obtaining competitive quotes release of purchase order for IDM
- Sending the molded parts to outsource for secondary operations to control the SPE
- Based on Supply Chain Management we inward and track the materials from vendors.
EXECUTIVE - PURCHASE
PALOMA TURNING CO. PVT LTD
Bangalore
- Role Involves end to end of buying - from negotiation with vendor till ensuring on-time service of variant materials like Tools & consumables, machinery spares & accessories, special attachments, stationary items, safety aids & raw materials to manufacturing unit
- Effective planning of purchase processes, to maintain adequate inventory levels across plant and to reduce the working capital blocked
- Annual contract planning with vendors, purchase price negotiation, optimizations of vendor shares to keep purchase cost low, development of alternate vendors
- Tracking of input material trends, deviations, rejections, supply delays with immediate actions
- Effective co-ordination with planning team for serviceability and operations team for material handling
- Managing subordinates and allocating responsibilities (Raising purchase orders, price info record updates, dispatch follow ups etc.) on an ongoing basis with regular assessment of performance
- To initiate & develop local alternate vendors for imported materials to reduce business risk
- To ensure vendor Delivery performance > 95% with, target quality compliance of 100%
- Identification of potential cost savings opportunities
- Handling detailed end-to-end procurement process of wide variety of services from requisition stage till payment processing
- Managing day-to-day procurement operations, Vendor setup maintenance and negotiations for terms and conditions
- Preparing quotation comparison table and selection of best source
- Preparing daily, weekly and monthly MIS dashboard reports for client review.
ASSISTANT - STORE MANAGEMENT
PALOMA TURNING CO. PVT LTD
Bangalore
- Ensuring daily In & Out material movement & physical verification
- Daily Stores activities through SAP- as per Stores Module, On-time preparation of GRN's daily basis submission of Tools stock report, Oils stock Report, All GRN Report, Sub contracting report, Route Card updating of materials, RM transfers etc
- Set-up and manage the inventory
- Managing supply chain process that will be responsible for delivery management, logistics support
- Ensure Material Systems are maintained and updated with regard to current status materials and document.
Education
DIPLOMA IN MECHANICAL ENGINEERING -
MAGADH UNIVERSITY
06.2012
SSLC -
KSSEB - NAVODAYA MODEL BOYS RESIDENTIAL SCHOOL HORTHI
03.2009
Skills
- Proficient in developing and implementing key procurement strategies and making sure that these strategies and schedules are aligned with organizational objectives
- Qualified Internal Auditor for ISO 45001: 2018
- Procurement planning
- Vendor Sourcing
- Supplier research
- Logistics Oversight
- Contract Negotiations
- Expertise in SAP
- Supply Chain Optimization
- Cost Analysis
Personal Information
- Date of Birth: 07/18/1993
- Nationality: Indian
- Marital Status: Married
Languages
- Kannada
- English
- Tamil
- Telugu
- Hindi
Affiliations
- Badminton
- Cricket
Timeline
Procurement Officer
ITC Limited
08.2022 - Current
Sr. EXECUTIVE - PURCHASE
STOVEKRAFT LIMITED
09.2021 - 07.2022
EXECUTIVE - PURCHASE
PALOMA TURNING CO. PVT LTD
ASSISTANT - STORE MANAGEMENT
PALOMA TURNING CO. PVT LTD
DIPLOMA IN MECHANICAL ENGINEERING -
MAGADH UNIVERSITY
SSLC -
KSSEB - NAVODAYA MODEL BOYS RESIDENTIAL SCHOOL HORTHI
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