Sumit Garg
Senior Procurement Manager
Noida
Summary
Capable Procurement Manager successful at handling both operational and project-specific procurement needs. Meets budget, quality and schedule targets consistently by fully vetting and effectively managing suppliers. Data-driven and highly analytical in approaching short- and long-term supply requirements.
Overview
10
10
years of professional experience
4
4
years of post-secondary education
Work History
Senior Procurement Manager
EcoSoul Home Inc.
Noida
05.2022 - Current
- Evaluated potential new suppliers by conducting thorough due diligence inquiries on their capabilities, capacities, and financial stability before engagement decisions were made.
- Developed strong relationships with key vendors, fostering long-term partnerships and ensuring a reliable supply chain.
- Implemented innovative inventory management techniques to reduce stock discrepancies and improve order accuracy.
- Established risk mitigation strategies by diversifying supplier base and conducting thorough supplier assessments.
- Collaborated cross-functionally to identify opportunities for improving purchasing strategies, leading to better alignment with organizational goals.
- Reduced process bottlenecks by training and coaching employees on practices, procedures, and performance strategies
- Supervised 6 staff members tasked with handling materials management, planning, purchasing, and customer service duties
- Oversaw demand planning, purchasing, and logistics
- Established inventory targets, stock level, and risk mitigation targets and managed flexibility strategy to optimize inventory
- Integrated financial and operation plans with strategic objectives to deliver improved operational and financial results to boost customer satisfaction, profitability, and working capital.
- Developed and implemented procurement strategies to ensure cost-effectiveness, compliance with regulations, and timely delivery of goods and services.
- Negotiated contracts with suppliers to optimize pricing, quality standards, and delivery schedules.
- Oversaw contract negotiations with suppliers, securing advantageous terms that supported both operational needs and financial targets
- Improved supplier lead times through ongoing communication and performance tracking, ensuring timely delivery of critical materials for production operations
Associate Manager
Jindal Stainless
Gurgaon
07.2016 - 04.2022
- Identify the items to be auctioned, Set a date, time, and location for the auction
Manual and Defined Rules Stock For Auction as per the Requirement of Customer and Market Condition to increase the Monthly Sales - Price Setting as per Market trends and Monitoring of Auction and Troubleshot of any Issue Faced By Customer
- Approval of Win Lots with consult of Sales Head and Sales Order Creation after the Approvals
- Coordinate with Sales Representative for the Payment receivable after Allocation of Batches to Sales Order & Daily Review Of Pending Payment
- Creating delivery note on sales orders after Getting the Clearance from Finance
- Coordinating with Plant to get the product shipped to customer in the Timely manner
- Review pending orders and specific customers requests to ensure excellent customer service and customer experience
- Customer management & Price Management, Creation of New Customer in SAP and Price Updation as per the Market Condition
- Acts as the liaison between Sales Representatives and Managers with other Departments including Marketing, Finance and Product
- Updates managers and Sales Reps by consolidating, preparing, and forwarding daily action summaries and monthly reports.
Executive
BioMerieux
Delhi
09.2014 - 06.2016
- Maintained and monitored work order management system.
- Received orders from customers and input into order management system.
- Operated and served as subject matter expert on in-store order management system.
- Used sales and order management systems and technologies to facilitate exceptional customer service.
- Collaborated with finance teams for timely payment processing and accurate financial reporting.
- Strengthened relationships with key accounts through proactive problem-solving and superior service delivery.
- Prevented stock shortages by monitoring inventory levels closely, placing purchase orders as needed to maintain supply consistency.
- Assisted in training new hires on company-specific policies, procedures, systems, and best practices related to order management functions.
- Managed high volumes of orders, consistently meeting deadlines and maintaining accuracy throughout the process.
Education
M.B.A- Finance And Marketing
Guru Gobind Singh Indraprastha University
Delhi 06.2010 - 03.2012
B.B.A
IMS Ghaziabad
Ghaziabad 08.2007 - 03.2010
Skills
Negotiation expertise
undefinedTimeline
Senior Procurement Manager
EcoSoul Home Inc.
05.2022 - Current
Associate Manager
Jindal Stainless
07.2016 - 04.2022
Executive
BioMerieux
09.2014 - 06.2016
M.B.A- Finance And Marketing
Guru Gobind Singh Indraprastha University
06.2010 - 03.2012
B.B.A
IMS Ghaziabad
08.2007 - 03.2010
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