Summary
Overview
Work History
Education
Skills
Timeline
Generic

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

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 -
SHARAD SINGH RAWATEngineer