Shashwat Kumar Parida

• Developed procurement strategies for projects, improving operational efficiency and aligning with client objectives.
• Evaluated supplier proposals and recommended selections based on comprehensive analysis.
• Participated in contract negotiations, achieving favorable terms that enhanced client value and mitigated risks.
• Reviewed procurement policies and supported compliance efforts through detailed assessments.
• Streamlined workflows for liquidation of pending and future tenders by aligning processes with client requirements.
• Executed annual rate contracts and pending tenders, reducing turnaround time significantly.
• Updated standard contract terms, vendor evaluation frameworks, and procurement processes based on best practices.
• Optimized inventory management through analysis of consumption patterns and demand forecasting, ensuring alignment with procurement goals.

• Developed procurement strategies aligned with construction timelines and financial objectives.
• Identified and evaluated vendors to establish reliable supplier network.
• Guided team in issuing RFQs, negotiating terms, and finalizing contracts to enhance cost efficiency.
• Collaborated with finance on milestone billing, tracking costs, and planning vendor payments.
• Provided business development team with historical pricing data and market insights for tenders.
• Developed dashboards to monitor procurement activities and track vendor performance.
• Mentored seven executives, enhancing their understanding and application of procurement strategies.

• Managed procurement operations for solar energy projects with a budget exceeding ₹15 crore.
• Developed and implemented procurement plans that optimized resource allocation and aligned with program goals.
• Upgraded organizational procurement policies to enhance compliance and transparency standards.
• Onboarded nine key vendors and three specialized machinery suppliers to ensure quality compliance.
• Established benchmark standards for solar installations through vendor collaboration on performance maintenance.
• Coordinated with third-party vendors to strengthen supply chains, ensuring material availability for projects.
• Collaborated with implementation contractors to enhance workforce skills and reduce installation timelines.
• Developed comprehensive project plans outlining scopes, timelines, and resource requirements.

In Procurement Management Role:

• Supported vendor development initiatives and contributed to contracting activities.
• Aided in designing procurement strategies for improved cost control and alignment with business objectives.
• Facilitated vendor evaluation and onboarding to ensure compliance with organisational standards.
• Negotiated high-value contracts to achieve cost reductions and mitigate risks.
• Optimised AMC O&M and BPO contracts to improve service consistency and supplier performance.
• Built strong supplier relationships to decrease lead times and enhance delivery reliability.

In maintenance and project management role:

• Supervised end-to-end maintenance functions to achieve peak plant efficiency and best-in-class standards.
• Drafted Owner’s Technical Requirements (OTRs) and performed technical comparisons of vendor quotes thereof.
• Developed and maintained technical documentation and managed electrical (up to 33 kV) and instrumentation erection activities.
• Created and maintained FMEA, SMPs, and SOPs documentation to streamline maintenance and minimize downtime.
• Achieved a 50% reduction in recurring issues through Root Cause Analysis (RCA) and improved plant reliability.
• Implemented Management of Change (MOC) concept to optimize resources, resulting in 0.5% cost savings.
• Developed and implemented predictive, preventive, and corrective maintenance and overhauls to minimize equipment downtime.
• Established a safe working culture by implementing safety roadmaps, policies, and management systems.