SARAT CHANDRA
Visakhapatnam
Summary
Procurement specialist with a strong focus on strategic sourcing and cost reduction. Proven track record in negotiating supplier contracts that improve financial outcomes. Experienced in implementing process enhancements that boost operational efficiency and foster interdepartmental collaboration.
Overview
3
3
Languages
19
19
years of professional experience
Work History
Deputy Manager -Purchase
ATC Tires AP Pvt Ltd
Visakhapatnam
08.2022 - Current
- Oversaw capex and opex procurement while maintaining budget discipline across spend.
- Governed procurement KPI reviews to spot process gaps and cost-optimisation actions.
- Led and mentored procurement professionals for sourcing, purchasing, and vendor management execution.
- Allocated category responsibilities, tracked procurement KPIs, and coached team performance alignment.
- Developed team capabilities through coaching, refining process improvements, and sharing best practices.
- Coordinated cross-functional work with engineering, maintenance, production, stores, finance, and quality teams.
- Recorded supplier development initiatives to improve quality and commercial competitiveness.
- Managed timely vendor payments, invoice reconciliation, and GRN closure coordination.
Senior Engineer - Purchase
Sarda Metal & Alloys Ltd.
Visakhapatnam
02.2011 - 07.2022
- Executed RS 111 crores project for furnace-03 second phase with 36MVA capacity submerged arc furnace, contributing to operational efficiency.
- Managed all service works related to mechanical, electrical & civil; manpower order also
- Sourced and procured plant requirements for Capex & Opex in mechanical, electrical & civil, ensuring alignment with project specifications.
- Conducted RFQ process, techno-commercial evaluations, and purchase order release.
- Monitored vendor performance and managed supplier relationships to enhance service quality and reliability.
- Facilitated timely material receipt and payment follow-up to ensure project continuity.
- Supported cost reduction initiatives through alternate supplier development
Stores & Purchase Officer
Suleka Industries
Visakhapatnam
11.2007 - 01.2011
- Negotiates with vendors to secure essential materials at fair price and quality.
- Achieved cost savings by extending payment terms and reducing supplier lead-times, optimising cash flow management.
- Budgets and forecasts procurement funds to optimise material use and cost savings.
- Developed sourcing framework to identify short- and long-term demand needs by category, enhancing procurement strategy.
- Maintained vendor relationships to ensure compliance with service and quality standards, supporting operational efficiency.
- Plans procurement activities from techno-commercial evaluation through inspection, expediting, and delivery tracking.
- Streamlines material control systems to prevent over-stocking and out-of-stock.
- Orders components using annual forecasts to reduce input costs through scale economies.
- Performs material requirements planning, checks availability, and issues production orders.
- Leads continuous process improvement by directing regional supply chain scorecards.
- Reviews and validates purchase documentation including PO, DO, and stock reports.
Education
Diploma - Electronics & Communication
State Board of Technical Education & Training
01-2005
Skills
- 18 years of experience in Procurement
- Global Sourcing & Procurement
- Vendor Evaluation
- Contract Management
- Cost reduction initiatives
- Inventory management
- Demand forecasting
- Risk management
- Management & Negotiations
- Project Management
- Cross-Functional Coordination
- MIS/ MRM Reporting & Documentation
- Team Management & Leadership
- SAP MM Module, Ariba
- Financial audit compliance
Languages Known
English
Hindi
Telugu
CORE STRENGTHS
● Procurement of Steel & Structural, Electrical, Mechanical, Safety, Capex & Opex items, etc from Aboard & India, with development of new/alternate vendors
● Develop new strategy for early Conversion of PR to PO with fulfilling of Audit Compliance
● Best Negotiator wrt prices, Payment terms & condition, which implies in reduction of cost and with timely delivery of materials & Increasing savings wrt to market conditions
● Good team player Self-starter with high degree of self-motivation for my teammates and myself
Timeline
Deputy Manager -Purchase
ATC Tires AP Pvt Ltd
08.2022 - Current
Senior Engineer - Purchase
Sarda Metal & Alloys Ltd.
02.2011 - 07.2022
Stores & Purchase Officer
Suleka Industries
11.2007 - 01.2011
Diploma - Electronics & Communication
State Board of Technical Education & Training