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
Supply Chain Optimization
Supplier Relationship Management
Negotiation expertise
Global Procurement
Supplier management
Demand forecasting
Performance Improvement
Price Negotiation
Trends Analysis
Inventory Management
Timeline
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