SHAKUNTALA WAGHMARE
Pimpri, Pune
Summary
A dynamic procurement executive with a proven track record at Finolex Cables Ltd. Achieved excellent cost savings through strategic sourcing and effective vendor negotiation. Skilled in Lean Six Sigma methodologies and cross-functional collaboration, I excel in driving operational efficiency and fostering strong supplier relationships to enhance supply chain performance.
Overview
4
4
years of professional experience
1
1
Certification
Work History
EXECUTIVE – PROCUREMENT
Finolex Cables Ltd
04.2023 - Current
- Managing procurement of electrical components, raw materials, and capital equipment to support production and project operations
- Developing and maintaining strong supplier relationships to drive cost efficiency and quality improvements
- Leading cost-saving initiatives, optimizing sourcing strategies, and negotiating long-term contracts
- Implementing Lean Six Sigma methodologies to streamline procurement and eliminate inefficiencies
- Collaborating with Engineering, Finance, and Production teams to ensure seamless procurement and supply chain processes
- Monitoring supplier performance using KPIs and vendor evaluation frameworks
- Ensuring compliance with industry regulations, sustainability standards, and company policies
- Achieved 15% cost savings through strategic sourcing and supplier negotiations
- Reduced procurement lead time by 20% through Lean Six Sigma process improvements
- Implemented a vendor performance tracking system, improving supplier efficiency by 30%
ELECTRICAL ENGINEER
Weikfield Foods Pvt Ltd
11.2020 - 08.2022
- Designed, developed, and tested electrical systems for industrial applications
- Assisted in technical procurement, ensuring compliance with engineering specifications
- Conducted failure analysis and troubleshooting to resolve system issues
- Collaborated with cross-functional teams on automation and control system enhancements
- Maintained technical documentation and ensured adherence to safety regulations
- Led FMCG engineering activities, ensuring smooth plant operations
- Conducted periodic machine inspections to identify maintenance requirements
- Troubleshot PLC systems using RSLogix and implemented automation improvements
- Prepared monthly technical reports and presentations to optimize workflow and productivity
- Developed weekly maintenance schedules and allocated work effectively
- Ensured compliance with ISO standards, maintaining documentation and conducting audits
- Contributed to a 10% reduction in energy consumption through system optimization
- Assisted in the successful procurement and implementation of new automation systems
Education
MBA - Supply Chain Management & Operations
Pune University
01.2025
BE - Electrical Engineering
Marathwada Mitra Mandal’s College of Engineering
Pune01.2020
Diploma - Electrical Engineering
01.2017
Skills
- Corporate Communication & Negotiation Skills (2024)
- TECHNICAL SKILLS
- ERP & Software:
- SAP MM, Microsoft Office (Excel, Word, PowerPoint), AutoCAD
- Engineering & Automation: PLC & SCADA Interface, RSLogix, Switchgear, and Protection Equipment
- Lean Six Sigma Tools: Process Mapping, Root Cause Analysis, DMAIC Methodology
- Programming & Simulation: MATLAB, Simulink, Assembly Language
- Soft Skills: Problem-solving, analytical thinking, stakeholder management, negotiation
- Location: Pune, Maharashtra
- Supply chain management
- Technical documentation
- Vendor negotiation
- Cross-functional collaboration
- Project management
- Cost reductions
- Operations management
Accomplishments
- Lean Six Sigma Initiative: Led a process improvement project that reduced procurement cycle time by X%
- Cost Optimization: Successfully implemented cost-saving initiatives, reducing procurement expenses by X%
- Supplier Management: Designed and executed vendor evaluation metrics, improving supplier efficiency by X%
- Process Improvement: Led procurement enhancements, cutting lead times by X%
- Negotiation Success: Secured better pricing and terms with suppliers, leading to improved cost efficiency.
Certification
- Procurement & Strategic Sourcing Cost Optimization & Supplier Negotiation Lean Six Sigma – Process Improvement Vendor Management & Relationship Building SAP MM / ERP Systems Supply Chain & Logistics Management Contract Management & Compliance Electrical Engineering & Technical Procurement Data Analysis & Reporting, Lean Six Sigma Green Belt – Process Improvement (2025)
- SAP MM / ERP Training (2023)
Languages
Affiliations
- Reading books/ Travelling/ Dancing
Timeline
EXECUTIVE – PROCUREMENT
Finolex Cables Ltd
04.2023 - Current
ELECTRICAL ENGINEER
Weikfield Foods Pvt Ltd
11.2020 - 08.2022
MBA - Supply Chain Management & Operations
Pune University
BE - Electrical Engineering
Marathwada Mitra Mandal’s College of Engineering
Diploma - Electrical Engineering
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