Srinivas Reddy Karri
Purchase Head
Hyderabad
Summary
Professional Purchase Lead with nearly 28 years of rich experience in Sourcing, Procurement, Materials Management, Supply Chain Management, Vendor Development, periodical inventory review, idle assets movement, and SAP Implementation and Automation (SAP MM Module). Expertise in managing Green Field, Brown Field, and other overseas projects. Comprehensive experience in logistics & supply chain management, including the negotiation and appointment of freight forwarders, and ensuring timely delivery of goods. Strong vendor development skills, assessing vendor performance, and ensuring timely payments and quality checks. Extensive experience in manpower management, including training and mentoring team members. Proficient in SAP MM Module and well-versed in MS Word, MS Excel, and PowerPoint. General Manager with 28 years of experience focused on increasing revenues and expanding margin. Adaptive and deadline-oriented consistently executes and completes multiple projects in high-stress environments. Meticulous leader and strategic planner with comprehensive managerial acumen, offering vision and motivational acumen. Orchestrates optimal resource utilization to handle expected operational needs.
Overview
25
25
years of professional experience
3
3
Languages
Work History
General Manager - Engineering and Projects Procurement
Hetero Labs Limited
2 2016 - Current
- Responsible for sourcing and procurement of capital items, engineering materials, project procurement, and service contracts
- Successfully completed various Green Field and Brown Field projects.
- Cultivated strong relationships with vendors, and partners to ensure long-term success and loyalty.
- Developed and executed strategic plans for business growth and expansion, resulting in increased market share.
- Passionate about learning and committed to continual improvement.
Associate Director - Supply Chain Management
Dr. Reddy’s Laboratories Ltd.
01.1999 - 02.2016
- Managed sourcing and procurement of capital items, engineering materials, and project procurement
- Implemented cost-saving methods and best practices for internal and external customer support.
- Established strong relationships with key industry partners, creating mutually beneficial opportunities for growth and collaboration.
- Mentored junior staff members, providing guidance on professional development opportunities and career progression paths within the company.
- Negotiated favorable contract terms with vendors and suppliers, resulting in significant cost savings without sacrificing service or quality standards.
Education
B.com -
04.2001 -
Diploma - Computer Sciences
Pursuing MBA - Materials Management and Asset Management
Skills
Logistics & Supply Chain Management
undefinedAccomplishments
· Proficiency in SAP ECC in the MM module, currently leading S4 Hana implementation as a single point of contact for both Formulation and API functions.
· Development of a robust vendor base and effective management of SCM to ensure timely delivery of materials within cost and quality parameters.
· Implementation of best practices within the procurement function, and a strong track record of building and managing successful teams.
· Preparation of a Purchase Manual and creation of an Equipment Matrix (Approved Vendor List) for capital equipment.
· Regular participation in plant visits and weekly/monthly procurement meetings with Directors.
· Initiation of automation projects in SAP to streamline processes and significantly reduce buyer workload.
· Successful negotiation of credit payment terms with major import vendors, ensuring favorable terms without affecting the landed purchase price.
· Management of procurement activities for a vaccine project, ensuring timely completion.
Personal Information
Date of Birth: 08/31/71
References
- Mr. VV Dikshit, Vice President - Projects, Dr. Reddy’s Laboratories Limited, Hyderabad, 09989931517, dikshitvv@drreddys.com
- Mr. Nayaki Vijay Kumar, Associate Director - SCM (Retd), Dr. Reddy’s Laboratories Limited, Hyderabad, 9959097333, nayakivk@yahoo.in
Timeline
Ideal College of Arts & Sciences - B.com,
04.2001 -
Associate Director - Supply Chain Management - Dr. Reddy’s Laboratories Ltd.
01.1999 - 02.2016
Datapro Information Technology, Kakinada - Diploma, Computer Sciences
National Institute of Business Management - Pursuing MBA, Materials Management and Asset Management
General Manager - Engineering and Projects Procurement - Hetero Labs Limited
2 2016 - Current
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