Sunil K Tiwari
Gurgaon
Summary
Seasoned in enhancing supply chain efficiency at Schneider Electric. Sourcing professional with 14 years of diversified experience in Strategic Sourcing, Vendor development, Vendor Negotiations, Vendor Management, Procurement. Focuses on cost savings and supplier development to support pre-procurement strategy and supply agreement negotiation.
Overview
14
14
years of professional experience
Work History
Demand Planner
Schneider Electric
10.2021 - Current
- Generate 24 months statistical forecast in KINAXIS using forecast models such as moving average, exponential smoothening, Holt Winters’ model, Croston’s model.
- Lead & drive monthly CSF calls with Marketing folks.
- Rolling forecasts to support new product launches, special promotions and normal sales volume using historical data, consumer trends and marketing/sales input.
- Ensure correct propagation of demand to vendors via DRP to MPP in KINAXIS.
- Measure & review forecast performance & drive improvement plans.
- Conducting monthly SIOP Meetings with Biz & Finance.
- Monitors demands and supply flow of over 5,000 items to minimize backorders and maximized fill rates up to 90%.
- Formulating the right inventory stocking strategy with optimized level of safety stock qty. at our DCs.
- Collaborating with Marketing on monthly basis for Provision liquidation opportunities thus improving the overall inventory position.
- Ensure MRP parameters are updated by Master data & procurement team.
- KPIs responsible – Demand – Forecast Accuracy, Inventory, Supply – Back Order value, Customer OTDS, surplus stocks, Over all Inventory targets.
Strategic Sourcing Specialist
Honeywell Automation India Limited
01.2012 - 10.2021
- Vendor development & Sourcing for Local & Overseas Sourced products.
- Annual Negotiation for the electronics commodity for Honeywell global spend.
- Leveraging supply base for CE as well as VE savings for India Sites.
- Handling all electronics parts & suppliers viz. Semiconductor, Passive components PCBs & PCBAs..
- Working in close co-ordination with Electronics Components Manufacturers, Distributers & EMS suppliers.
- Working in close collaboration with the Engg. Team, Quality Team & Marketing team to meet the company targets & expectations.
- Engagements in case of parts qualification with Resourcing by the PPAP.
- Use of tools like E-Auctions for vendor negotiations & cost finalization.
- Development of new Molds & tools for the NPI & localization to improve the cost.
- Working on BOM Cost optimization to increase the gross margin of the product
- SAP actions for sourcing activities: Vendor creation, Source List, Quota management, ECN, PDM, AMPL creation, dual Sourcing etc.
- Managing inventory & stocking program with suppliers to cater Honeywell requirement at reduced lead time & spikes
- Meeting BOM cost targets for the NPI in case of Electronics & Local manufactured parts.
- Procurement & Sourcing of electronics & mechanical raw material for manufacturing plant.
- Vendor management & vendor scorecard preparation & sharing with vendor for supplies & quality health improvement.
- Working on BOM Cost optimization to increase the gross margin of the product. Leading the projects for component's resourcing to maximize the savings.
- Vendor Development, Price finalization, E-Auction & Localization to support major KPIs.
- Responsible for local RM buying including Electronics, Metallic parts, Plastic parts.
- Work closely with supplier & customer to optimize inventory & lead time reduction. Deal with all kind of supplier escalation for quality & commercial reasons.
- Working with supplier for new product developments.
Purchase Executive
Bigesto Technologies Limited
07.2010 - 12.2012
- Procurement & Sourcing of electronics & mechanical raw material for manufacturing plant.
- Vendor management & vendor scorecard preparation & sharing with vendor for supplies & quality health improvement.
- Responsible for local RM buying including Electronics, Metallic parts, Plastic parts.
- Work closely with supplier & customer to optimize inventory & lead time reduction. Deal with all kind of supplier escalation for quality & commercial reasons.
Education
B. Tech. - Electronics & Instrumentation
Priyadarshini College of Computer Sciences
Greater Noida, India07.2010
Skills
- Supplier Relationship Management
- E-procurement Systems
- SAP Knowledge
- Negotiation Strategies
- Negotiation expertise
- Demand forecasting
- Value Engineering
- Price Negotiations
Languages
English
Bilingual or Proficient (C2)
Hindi
Bilingual or Proficient (C2)
Timeline
Demand Planner
Schneider Electric
10.2021 - Current
Strategic Sourcing Specialist
Honeywell Automation India Limited
01.2012 - 10.2021
Purchase Executive
Bigesto Technologies Limited
07.2010 - 12.2012
B. Tech. - Electronics & Instrumentation
Priyadarshini College of Computer Sciences
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