Shashikant Waghe
Pune
Summary
Dynamic Purchasing / Product leader with a proven track record at ZF India, driving cost savings of 30 million INR through strategic vendor Development & Management and innovative project Skilled in market analytics, risk assessment and cross-functional leadership, I excel in negotiating competitive pricing, and implementing effective supply chain strategies to enhance operational efficiency.
Overview
11
11
years of professional experience
Work History
Sr Manager , Purchasing & Project Management
ZF INDIA PRIVATE LIMITED
Pune
06.2018 - Current
- Purchasing lead for all commodities (Ex.) Chassis, braking, and control system, drivelines, and fluid for aftermarket business (IMEA).
- Understand sales and market requirements from sales and category management.
- Risk assessment, and prepare a high-level business proposal for the management team.
- Get it approved, and officially kick off the project.
- Potential Vendor Screening & RFQ
- Price negotiations and preparing a business case for hitting targeted margins.
- Nominate the potential vendor based on commercial, technical, and quality parameters.
- Led cross-functional teams to develop strategic initiatives and streamline operations.
- Define project timelines, and trace the project progress with CFT.
- Ensure project execution within the timelines, and hand over to the Series Operations team.
- Overseas Vendor Development (Ex.) Turkey for braking parts.
- Exploring cost-saving opportunities via monitoring indexes and exploring VAVE.
- Hitting cost-saving targets (approx.) 30 million INR in the last 3 years.
- Core team member for initiating the GO-Local business and achieved approximately 50% (90 Cr) business from local potential vendors.
- Inventory Management, MRP Planning, International Freight Management, and Customs.
Sr Engineer
WEICHAI POWER
Pune
02.2015 - 06.2018
- Direct import procurement and indirect material purchase.
- Responsible for B-to-B purchasing activities.
- Material replenishment as per Bill of Material.
- Inventory planning
- International freight negotiations and onboarding forwarding companies.
- Achieved $50 million annual costing via freight negotiations.
- Handling AEO, SAD, and DPD operations.
- Handling SVB Files for Intercompany Purchase
Education
Bachelor of Engineering - Electrical, Electronics And Communications Engineering
M S Bidve Engineering College
Latur 06-2014
Skills
- Effective communications
- Vendor management
- Competitor price and strategic benchmarking
- Innovative ideas and implementations
- Cross-functional leadership
- Procurement strategies
- Market analysis
- Cost negotiations
- Risk assessment
- Project management
- Inventory management
- Supply chain management
- Decision making
- Strategic planning
- Influencing and negotiating
- Operations management
Affiliations
- Sports & attending social events & Debates
Languages
English , Marathi , Hindi
First Language
Accomplishments
- Two promotions in 5 years tenure at ZF India
Timeline
Sr Manager , Purchasing & Project Management
ZF INDIA PRIVATE LIMITED
06.2018 - Current
Sr Engineer
WEICHAI POWER
02.2015 - 06.2018
Bachelor of Engineering - Electrical, Electronics And Communications Engineering
M S Bidve Engineering College