SHARAD SINGH RAWAT
Engineer
New Delhi
Summary
Dynamic Procurement Officer with a proven track record at Maruti Suzuki, excelling in supplier relationship management and strategic sourcing. Achieved significant cost reductions through effective negotiation and innovative purchasing strategies. Skilled in e-procurement systems and demand forecasting, fostering strong vendor partnerships to enhance operational efficiency and support sustainability initiatives.
Overview
13
13
years of professional experience
Work History
Procurement Officer
Maruti Suzuki
06.2011 - 06.2024
- Developed and strengthened supplier relationships.
- Maintained detailed records of all procurement activities for reference purposes as well as for auditing and compliance.
- Managed procurement projects from initiation to completion, ensuring timely delivery of goods and services.
- Ensured compliance with organizational policies, legal requirements, and industry standards in all procurement activities.
- Improved supplier relationships through regular communication, timely payments, and transparent dealings.
- Prepared accurate purchase orders using relevant software applications, ensuring clear communication of requirements to suppliers.
- Developed strong partnerships with vendors to secure favorable pricing, payment terms, and delivery schedules.
- Reduced costs with meticulous supplier negotiation and strict adherence to budget constraints.
- Sourced high-quality products by establishing stringent selection criteria for potential suppliers based on quality, price, and service reputation.
- Maintained current understanding of pricing structures, market conditions and trends in industry.
- Assisted in the development of annual budgets by forecasting procurement needs accurately based on historical data analysis.
- Evaluated internal needs and developed plans for maintaining optimal supply levels.
- Organized competitive bidding processes among suppliers to ensure fair pricing opportunities while maintaining high product quality standards.
- Enhanced inventory management by implementing a well-organized system for tracking stock levels and reorder points.
- Set up and negotiated contracts to obtain favorable pricing and delivery structures.
- Participated in professional development opportunities to stay current with industry best practices and continuously improve procurement skills.
- Contributed to company profitability by identifying innovative ways to cut costs without compromising essential business functions or stakeholder satisfaction levels.
- Supported sustainability efforts within the organization by procuring environmentally friendly materials whenever possible.
- Conducted risk assessments for supply chain disruptions and implemented contingency plans accordingly to minimize impact on business operations.
- Input, analyzed and reported on data covering all aspects of procurement operations.
- Procured materials for squadron maintenance and repair services.
- Optimized procurement processes by implementing streamlined strategies and efficient communication methods.
- Monitored market trends closely to identify potential shifts in pricing or availability that could affect procurement decisions.
- Collaborated cross-functionally to identify opportunities for improving efficiency in purchasing procedures.
- Managed database of vendor details and pricing information to maintain organization.
- Negotiate contracts with vendors, securing best prices and terms for materials, equipment and services.
Education
B. TECH - MANUFACTURING TECHNOLOGY
BITS PILANI
Pilani, India 04.2001 -
High School Diploma -
GB PANT POLYTECHNIC
OKHLA NEW DELHI 04.2001 -
Skills
Supplier relationships
Vendor sourcing
Supplier relationship management
Bid process management
Purchasing strategy
E-procurement systems
Vendor relations
Cost analysis
Strategic sourcing
Document preparation
Demand forecasting
Procurement planning
Bidding coordination
Supplier research
Price negotiation
Order preparation
Materials purchasing
Telephone and email etiquette
Purchasing
Purchase order creation
Vendor relationship management
Cost calculation
Order placement
Supplier negotiation
Purchasing processes
Timeline
Procurement Officer
Maruti Suzuki
06.2011 - 06.2024
B. TECH - MANUFACTURING TECHNOLOGY
BITS PILANI
04.2001 -
High School Diploma -
GB PANT POLYTECHNIC
04.2001 -