Sudhakar Kaginkar

• Planning and scheduling the supply of materials and components to meet production needs and safety stock levels.
• Managing inventory levels and accuracy, and minimizing obsolete stock.
• Coordinating with suppliers to prevent supply chain disruptions.
• Understanding and managing risks to minimize the impact on production schedules.
• Creating regular statistical reports and analyses.
• Using Material Requirements Planning (MRP) or other IT systems to ensure data is accurate and up-to-date.
• Ensuring all import documents are insured, including the airway bill, invoice, packaging list, and technical data sheet.

• Demand preparation, sourcing, bidding, assembling a team, making decisions, signing contracts, transitioning from procurement to payment, and billing.
• Negotiate terms and contracts with suppliers to ensure favorable pricing, terms, and conditions.
• Identify opportunities to reduce costs through strategic sourcing initiatives, such as bulk purchasing, or alternative suppliers.
• Continuously seek ways to improve sourcing processes and optimize supplier relationships to drive efficiency and value for the organization.
• Creating a master record for material and vendor.
• Creating a purchase order for items needed to order, and issuing a PO copy to the respective vendor.

During my time as a Procurement Engineer at Global HR Consultancy Service in India from December 2020 to July 2021, I was responsible for managing the procurement process for various projects, ensuring timely and cost-effective delivery of materials and equipment. I also worked closely with suppliers to negotiate contracts and maintain strong relationships.

• Collaborated with project teams to determine material needs.
• Successfully negotiated contracts with suppliers.
• Monitored inventory levels, and ensured timely delivery.
• Maintained accurate procurement records.

• Implemented new strategies to increase productivity.
• Monitored and maintained production equipment.
• Releasing purchase orders and the monthly schedule to vendors based on the required purchase requisitions.
• Evaluating the vendor's monthly delivery performance, and sharing the performance report.
• Maintaining safety stock and recognizing the reorder point based on standard lead time and daily consumption rate.
• Floating RFQ to competent suppliers to receive quotes, along with a feasibility study, quotation comparison, and price negotiation.