Saurabh Bhagwat

Accuweigh Automation & Solutions Pvt. Ltd.

Pune

03.2009 - Current

Evaluated existing procurement policies and procedures and proposed modifications as needed.
Ensured compliance with corporate policies regarding ethical business practices in the procurement process.
Reviewed requisitions for accuracy and completeness prior to issuing purchase orders or entering into contracts.
Collaborated with other departments such as operations, finance and logistics to coordinate activities related to purchasing functions.
Created new processes for streamlining the sourcing cycle times while reducing costs.
Performed detailed cost and benefit analysis before making decisions on major purchases.
Coordinated with internal stakeholders to ensure that all requirements are met within budget constraints.
Advised team members on best practices for negotiating prices with suppliers.
Provided guidance and training to junior team members on purchasing procedures.
Sourced new vendors for purchasing needs.
Obtained quotes from various suppliers to determine most cost-effective purchasing options.
Negotiated contracts with outside providers to minimize costs to company and customers.
Cultivated new vendor relationships using dynamic communication and negotiation skills.
Evaluated current vendors and sourced out new vendors for bidding requests.
Formulated and implemented annual purchasing plans and contracts, covering OEM, import, ingredients, materials and equipment.
Represented companies in negotiating contracts and formulating policies with suppliers.