SHASHANK VAIDYA
Purchase Engineer
Rau, Indore ,MP
Summary
Talented Buyer with 6 years of experience managing and improving procurement operations. Successful forging strong vendor contracts, sourcing quality products and reducing costs. Skilled developing local sources to improve product quality and lower shipping expenses.
Overview
1
1
Language
5
5
years of post-secondary education
6
6
years of professional experience
Work History
Executive
Navin Fluorine International Limited
Dewas, MP
10.2019 - Current
- Responsible for handling Procurement of Process, Utility, Safety and QC items etc.
- Independently handling all sourcing, negotiating and selecting the best supplier(s) to obtain the most competitive price while ensuring highest level of quality, reliability and services.
- Projecting cost estimates for CAPEX items with respect to requirement of the end user to facilitate approval from the management before procurement by discussing the same with vendors.
- Lead and perform Vendor sourcing, Vendor selection, Vendor qualification, Vendor development.
- Working with managing & developing existing & new suppliers.
- Looking after the AMCs and ARCs of lab and production equipments, fabrication, mechanical and insulation contracts.
- Assist different departments in resolving problems concerning over shipments, shortages and engineering changes.
- Preparation of MIS regarding open PO deliverables, PR to GR conversion, Saving and estimation reports.
Executive Officer
Serum Institute of India Pvt. Ltd
Pune, MH
12.2018 - 10.2019
- Procurement of inventory and non-inventory goods and services.
- Handling all the AMCs of lab and production equipments.
- Looking after the miscellaneous service work like motor, pump repairing, on site mechanical jobs.
- Responsible for rate contracts of AMCs and engg.
- Consumable items.
- Complete buyer activity from raising POs to timely payment of vendors.
- Working with end user, stores and accounts to solve POs, material and invoice discrepancies.
- Assist management team on projects focused on cost reduction initiatives and process improvements.
- Preparation of monthly MIS reports.
Indirect Procurement Officer
Mylan Laboratories Limited
, MP
06.2017 - 12.2018
- Responsible of fully computerized & ERP indirect procurement process.
- Proper screening of requisition given by user department before proceeding with procurement activities.
- Maintaining minimum & maximum level of critical & fast-moving Items & all procurement documents.
- Maintaining supplier data base and administrate vendor performance to evaluate the best suppliers’ w.r.t.
- Delivery performance, pricing and quality of supplied material and services.
- Purchase related all responsibility - New vendor development, Price Negotiation with vendors, PO releasing, material delivery and payment etc.
- Maintaining SEZ related documentations for smooth inward of materials from customs.
Engineering Purchase Officer
Sun Pharmaceutical Industries Limited
Dewas, MP
06.2016 - 05.2017
- Handling of all procurement responsibilities which includes the budgeting, sourcing and shortlisting of vendors, negotiating, finalizing and issuing purchase orders.
- Contact supplier to resolve missed deliveries, short payments and pricing discrepancies.
- Collaborated with IT to transition purchasing/inventory management system from an outdated custom system to SAP HANA.
- Negotiations with vendor for annual maintenance contract AMC and other service works to raise service orders.
- Ensuring smooth coordination with user, accounts and store team.
- Maintaining reports related to SAP MM like open POs, open PRs, material movement, PO cost w.r.t.
- Budget and weekly procurement data.
- Maintaining inventory for critical engineering, production and housekeeping items and raise purchase orders based on MRP.
- Assist user team for creation of SAP codification of spares to avoid the use of generic codes.
- Creation of Stock transfer notes in SAP.
Engineering Purchase
Sun Pharmaceutical Industries Limited
Dewas, MP
12.2014 - 01.2016
- Raised sale orders for recovered solvents after negotiations on finalized vendor by e-bidding.
- Managed lifting of recovered solvents as per the schedule given by production team.
- Handled purchase requisitions independently by understanding the end user requirements.
- Tender enquiry, get quotations and negotiations for best rates/services/delivery, make comparative statement and get approved from management.
- Raised purchase orders on the basis of purchase requisition with proper incoterms, delivery schedule, payment terms and taxation.
- Procurement of all revenue items which includes all electrical, electronics, instruments and mechanical utility items.
Education
BE - Electrical And Electronics Engineering
SVITS
Indore 07.2008 - 06.2012
HSC - Maths
Karnataka Vidya Niketan
Indore 07.2006 - 06.2007
Skills
Knowledge of SAP MM
Knowledge of store and accounts activityVendor management, Planning, Material managementNegotiation, communication, technical and analytical skillsSAP-MM Module, Metis-ERPOutlook, MS-Office, LotusData analysis understanding
Contract Negotiation
Vendor sourcing
Strategic planning
Purchasing procedures
Contract preparation
Accomplishments
- Introduced schedule and outline agreements into the system to reduce the number of PO transactions.
- Conducted training on SAP-MM module of user and purchase team.
- Active participation in Cognizance, 2010 a tech-fest organized by IIT Roorkee.
- Participated in Autonomous robotics workshop conducted at IIT Roorkee.
Achievements
· Introduced schedule and outline agreements into the system to reduce the number of PO transactions.
· Conducted training on SAP-MM module of user and purchase team
· Active participation in Cognizance, 2010 a tech-fest organized by IIT Roorkee.
· Participated in Autonomous robotics workshop conducted at IIT Roorkee.
Timeline
Executive
Navin Fluorine International Limited
10.2019 - Current
Executive Officer
Serum Institute of India Pvt. Ltd
12.2018 - 10.2019
Indirect Procurement Officer
Mylan Laboratories Limited
06.2017 - 12.2018
Engineering Purchase Officer
Sun Pharmaceutical Industries Limited
06.2016 - 05.2017
Engineering Purchase
Sun Pharmaceutical Industries Limited
12.2014 - 01.2016
BE - Electrical And Electronics Engineering
SVITS
07.2008 - 06.2012
HSC - Maths
Karnataka Vidya Niketan
07.2006 - 06.2007