Saravanan Nagarajan
Coimbatore
Summary
Results-driven procurement professional skilled in developing sourcing strategies that ensure exceptional on-time delivery. Expert in supplier negotiation and risk management, achieving notable cost reductions while building strong supplier partnerships. Committed to enhancing operational efficiency through strategic planning and collaboration.
Overview
15
15
years of professional experience
Work History
Manager - Purchase
YsecIT Softwares India Pvt Ltd
Bangalore
03.2023 - 09.2025
- Drive regional sourcing strategy execution for electronics, IT hardware, sheet metal, and industrial consumables with an annual spend of $ 3 Million.
- Lead strategic sourcing initiatives aligned to cost, delivery, and supplier performance targets.
- Act as first point of escalation for regional supplier issues; conduct on-site supplier visits to resolve delivery, capacity, and quality concerns.
- Own outcomes for critical and operational suppliers, improving OTD to >97.8%.
- Provide inputs on lead times, supplier capacity, variability risks, and readiness, supporting inventory and production planning teams.
- Ensure material shipments meet defined lead times and customer program milestones.
- Execute cost-saving initiatives, track PPV, and manage price increase risks through negotiation and mitigation plans.
- Implemented a digital procurement & approval system (BMS) improving visibility, escalation control, and governance.
- Coordinate closely with supplier quality and engineering teams on root cause analysis and corrective actions.
Manager - Purchase
Oriental Plants and Equipment's Pvt Ltd
Coimbatore
06.2021 - 01.2023
- Developed and executed category-level sourcing strategies for machining and casting commodities.
- Delivered 10% cost reduction through value engineering, alternate sourcing, and commercial negotiations.
- Actively managed supplier risk during global disruptions, ensuring continuity of supply.
- Conducted supplier audits and capacity evaluations to support NPD and volume ramp-up.
- Annual Spent $60 Million (Approx)
Asst. Manager - Purchase
L.G. Balakrishnan & Bros Ltd
Coimbatore
06.2018 - 06.2021
- Managed direct and indirect commodity sourcing, achieving ₹2.1 Cr annual cost savings.
- Led supplier performance reviews (QCD) and improvement plans.
- Supported cross-functional teams on new product introductions (NPD) and supplier readiness.
- Provided inputs on inventory optimization, consumption planning, and lead-time adherence.
- Process improvement with supplier process for Automobile parts.
- Annual Spent $ 35 million (Approx.)
Sr. Engineer - Purchase
Larsen & Toubro Ltd (L&T)
Coimbatore & Ahmednagar
08.2015 - 05.2018
- Executed sourcing for Non Standard Heavy fabrication, insulation parts and critical machining categories.
- Conducted on-site supplier audits with quality teams to assess process capability and compliance.
- Delivered ₹1.2 Cr annual savings through teardown cost analysis and TCO initiatives.
- Supported procurement digitalization and standardized sourcing processes.
- Annual Spent : $ 12.5 Million (Approx)
Sr. Engineer - Global Sourcing
ELGi Equipments Ltd
Coimbatore
04.2012 - 07.2015
- Global sourcing: Filters, Motors, Fasteners, Control Panels.
- Alternate supplier development for cost and risk mitigation.
- Commodity-wise capacity planning and assessment.
- Supply risk identification and mitigation.
- Product validation coordination with internal teams and customers.
- Supplier contract creation and management.
Engineer - Purchase
SE FORGE Limited
Coimbatore
04.2010 - 03.2012
- Procured fettling consumables, machinery, and spares such as DC wheels, cut-off wheels, angle grinders, and associated components.
- Managed imports of consumables for imported machinery, ensuring timely availability.
- Sourced quality department consumables, including broach cutters and industrial chemicals.
- Handled SEZ documentation for both imported and local purchases.
- Prepared and monitored returnable challans to ensure proper material tracking.
- Managed procurement for HR, IT, and HSE (Health, Safety & Environment) requirements.
- Implemented inventory practices using FIFO and LIFO methodologies for efficient stock rotation.
- Maintained inventory control at 10% of total sales value through strategic planning.
- Developed and implemented systems for improved inventory control and efficiency.
- Identified and executed cost-saving initiatives across procurement and inventory functions.
- Generated detailed reports for stock monitoring, including slow-moving, non-moving, and consumption analysis.
- Completed training as a Certified Internal Auditor.
Education
Diploma in Engineering - PPCE & Automobile Technology
01-2002
IPTES - Intensive Practical Training on Employable Skill
01-2002
Skills
- Sourcing strategy execution
- Commodity & Category Management
- Supplier Relationship Management
- Supplier Negotiation
- Supplier Audits
- Supplier Evaluation
- Supplier Development
- Supplier Compliance
- Supplier Performance Tracking
- Contract Negotiation
- Contract Management
- Procurement Strategy
- Cost Management
- Cost Reduction
- Cost Analysis
- Cost Reduction Strategy
- Cost ownership
- PPV analysis
- Supplier Risk Management
- Supplier Risk Assessment
- Supplier Capacity Assessment
- Lead Time Assessment
- Inventory Control
- Inventory Optimization
- Readiness planning
- On-site Supplier Issue Resolution
- Supplier Coordination
- Supplier Collaboration
- Supplier Engagement
- Supplier Quality Assurance
- Supplier Quality Management
- Supplier Performance Improvement
- Supplier Quality Metrics
- Supplier Performance Metrics
- Supplier Data Analysis
- Supplier Improvement Plans
- Supplier Innovation
- Supplier Innovation Strategies
- Supplier Cost Management
- Supplier Cost Analysis
- Supply Chain Optimization
- Supply Chain Risk Management
- Supply Chain Analytics
- Market Analysis
- Market Trends Analysis
- Market Supply Strategies
- Lean Manufacturing
- Process Mapping
- Error-proofing
- Root Cause Analysis
- Cross-functional collaboration
- Stakeholder collaboration
- Negotiation Tactics
- Vendor Management
- ERP Systems
- ERP Tools
- MS Office
- CNC machining
- CAD Tools
- Supplier Collaboration Strategies
- Supplier Process Improvement
- Problem-solving Capability
- Risk Assessment
- Inflation Management
- Supply Chain Analytics
- Supplier Inventory Management
- Supplier Performance Tracking
- Supplier Performance Metrics
- CAD Tools
- Supplier Process Improvement
- Supplier Evaluation Tools
- Cross-functional collaboration
- Effective communication
- Financial acumen
- Supplier relationship management
- Demand forecasting
- Vendor relationship management
- Reporting
- Professional demeanor
- Financial administration
- Bid coordination
- Budget management
- Supplier relations
- E-procurement systems
- Operations management
- Document preparation
- Procurement process improvement
- Profit and loss
- Business administration
- Requests for information
- Advertising
- Strategic planning
- Procurement expertise
- Stakeholder relationship development
- Stakeholder relations
- Strategic sourcing planning
- Property accountability
- Compliance management
- New vendor setup
- Inventory coordination
- Bidding processes
- Policy improvements
- Request for proposal
- Efficiency improvement
- Quality assurance standards
- Account management
- Bid process management
- Resourcefulness
- Meticulous eye for detail
- Cost reduction initiatives
- Market analysis
- Sustainable procurement
- Cost analysis
- Process optimization
- Price negotiation
- Distribution experience
Knowledge Commercial
- Basic understanding of GST and HSN codes for compliance and reporting.
- Proficient in TDS calculation and detection.
- Experienced in resolving credit note and debit note issues.
- Coordinated accounts reconciliation and resolved accounting discrepancies.
- Managed raw material (RM) receipt accounting issues and ensured accurate recording.
- Skilled in detailed costing analysis for manufacturing parts to support pricing and procurement decisions.
- Conducted raw material market trend analysis to inform sourcing strategy and cost optimization.
Passport Valid Till
09/03/27
Languages
- English
- Hindi
- Tamil
Additional Responsibilities
- Developed and implemented systems for improved inventory control and efficiency.
- Identified and executed cost-saving initiatives across procurement and inventory functions.
- Generated detailed reports for stock monitoring, including slow-moving, non-moving, and consumption analysis.
- Completed training as a Certified Internal Auditor.
Personal Information
- Passport Number: R4418684
- Date of Birth: 02/07/84
- Marital Status: Married
Languages
English
Intermediate (B1)
B1
Tamil
Native
Native
Hindi
Beginner (A1)
A1
Timeline
Manager - Purchase - YsecIT Softwares India Pvt Ltd
03.2023 - 09.2025
Manager - Purchase - Oriental Plants and Equipment's Pvt Ltd
06.2021 - 01.2023
Asst. Manager - Purchase - L.G. Balakrishnan & Bros Ltd
06.2018 - 06.2021
Sr. Engineer - Purchase - Larsen & Toubro Ltd (L&T)
08.2015 - 05.2018
Sr. Engineer - Global Sourcing - ELGi Equipments Ltd
04.2012 - 07.2015
Engineer - Purchase - SE FORGE Limited
04.2010 - 03.2012
Sri Ramakrishna Polytechnic - Diploma in Engineering, PPCE & Automobile Technology
GKDITR - IPTES, Intensive Practical Training on Employable Skill