Suraj V. Deokate
Yavatmal
Summary
To secure strategic sourcing leadership role that enables me to develop and implement innovative sourcing strategies, to build strong relationships with stakeholders and suppliers for driving business growth and excellence. Strategic professional in procurement, known for high productivity and efficient task completion. Skilled in negotiation, supply chain management, and cost reduction strategies. Excel at communication, problem-solving, and relationship building to achieve organizational objectives.
Overview
13
13
years of professional experience
Work History
Senior Manager - Strategic Sourcing
Schneider Electric India Private Ltd.
Ahmednagar
06.2023 - Current
- Responsible for the sourcing of commodities: stamping parts for the MCB and CG product groups, springs, and coils.
- Responsible for complete component development, right from initiating supplier identification to pilot lot receipt, and handing over the developed component to the supply chain team.
- Generation of RFQ, comparative statements, negotiation, and commercial settlement, supplier evaluation, and selection.
- Lead supplier selection, development, and strategic supplier management.
- Identification of new alternate suppliers as challengers.
- Defining strategy and its constructive implementation to achieve the best results.
- Supplier risk identification and its mitigation.
- Mapping and executing sourcing projects for cost reduction; optimizing the cost of existing and newly developed products through VAVE (TWIN) proposals, and annual cost reduction.
- Make Vs Buy, alternate sourcing, and SOB allocation.
- Supplier optimization to improve supplier reliability and supply chain effectiveness.
Sourcing Professional
Siemens Ltd.
Waluj
12.2019 - 05.2023
- Responsible for the sourcing of commodities: machined parts, bearings, plastic components, epoxy, oil, and electrical parts for three factories in Aurangabad locations.
- Generation of RFQ, comparative statements, finalization, supplier evaluation, and selection.
- Organizing a technical review with suppliers for a complete understanding and confirmation of the deliverables, in alignment with SQA and operations purchasing.
- Commercial finalization with the supplier, QES posting, and maintaining P-info, along with alignment with the operation buyer for regular ordering.
- Led supplier selection, development, and strategic supplier management.
- Handled global value sourcing to procure components from the lowest-cost countries.
- Coordination with global commodity managers, global demand pooling, and alignment within cross-functions to drive the strategy for global sourcing.
- Monthly PV update for all machined parts.
- Supplier risk identification and its mitigation
- Identification of new measures and acceleration of their progress in collaboration with cross-functional teams to generate cost savings.
- Localized of import parts to reduce the cost, lead time, and single-source dependency.
- Supplier optimization to improve supplier reliability and supply chain effectiveness
Operational Procurement Executive
Siemens Ltd.
Waluj
07.2017 - 11.2019
- Company Overview: (BIC – Bushing Instrument Transformer and Coils)
- Procurement of aluminum machining components, aluminum castings, fabricated components, porcelains, silicon insulators, epoxy-based components, oil, gas, and plastic components.
- Procurement of imported materials, like paper foils, fabricated critical components, O-rings, etc.
- Planning and scheduling based on consumption pattern and forecast.
- Generation of purchase orders with a finalized vendor, terms, and conditions.
- Monitoring the availability of stock and making appropriate arrangements to ensure production deadlines and deliveries.
- Planning and procuring project-based non-standard components at the right cost, of the right quality, with the allocated time duration.
- Generation of RFQ, supplier comparison, and selection of project-based components.
- Selecting and developing a local supplier for imported components.
- Conducting a supplier audit for capacity assessment and enhancement.
- Identifying and executing the measures for cost reduction.
- Review supplier capacity, and work on vendor capacity enhancement with technical and commercial support, and ensure on-time deliveries.
- Resolving suppliers' delivery and quality issues by visiting their factory.
- Minimize inventory costs through inventory analysis and inventory management.
- Identify supplier risks, and initiate necessary actions to mitigate.
- Tracking raw material price changes and planning for component forecasts.
- Ensuring timely supplier payment by clearing the web cycle and R block to maintain supplier relations and ensuring the best delivery performance.
Sr. Purchase Engineer
Endurance Technologies Ltd.
Waluj
09.2016 - 07.2017
- Handled capex & indirect procurement for the disc brake plant of M/s. Endurance Technologies Ltd.
- Ensured smooth coordination with the indenting department and correspondence with suppliers on the scope of supply and specifications.
- Ensured the right quality, quantity, and timely delivery of the materials required at the plant.
- The settled commercial finalization of all the materials comes under indirect procurement through one-to-one negotiations with suppliers.
- Rate finalization of items through online bidding (Ariba Online Bidding).
- Identification of items for converting them into a contract, opening a purchase order, and providing the data to corporate for further activity.
- Maintaining the minimum and maximum levels of critical and fast-moving items.
- Ordering of items linked to min/max levels through contract purchase orders or open purchase orders to maintain the optimum stock level in the plant.
- Preparation of the purchase order document in SAP, and getting it released from corporate and finance.
- Liaison with the store department and clear all pending bills for GRN for smooth functioning and timely payment of suppliers.
- Liaison with the finance department for timely payment of suppliers to build a strong association with suppliers.
- Maintaining all the documents related to the purchase function.
Specialist in Materials Department
Sanjeev Auto Parts Manufacturers Pvt. Ltd.
Waluj
12.2011 - 09.2016
- Responsible for the procurement of indirect materials. It includes all the materials (Mechanical, Electrical, Instruments, and Capital goods) coming under engineering and managed procurement activities for machine spares, instruments, packing materials, consumables, computer peripherals, and transportation.
- Handled the import of machine spares from original equipment manufacturers.
- Perform the task of negotiating with suppliers to purchase the materials required at the least possible price, ensuring the best quality with a minimum delivery lead time.
- Generation of Purchase Order Document.
- Perform an investigation of new materials, technologies, and suppliers when appropriate.
- Developed local vendors, reducing the cost of procurement of materials.
- Developed and led negotiation strategies with suppliers, and established strong contractual relationships, including clear Statements of Work and Service Level Agreements.
- To monitor the consumption of engineering materials in order to maintain the minimum and maximum levels of critical and fast-moving items.
- Liaison with the finance department for timely payment of bills.
- Developing reports on procurement and usage of material for top management.
Education
MBA - Operation
Jaywant Institute of Management
Pune01.2015
Bachelor of Engineering - Mechanical Engineering
Jawaharlal Darda Institute of Engineering And Technology
Yavatmal01.2011
Skills
- Cost optimization
- Negotiation skills
- Strong communication skills
- Spend analysis
- Global sourcing
- Risk management
- New vendor development
- Supply chain management
- Problem-solving ability
- Decision making capability
Languages
- English
- Hindi
- Marathi
Personal Information
- Father's Name: Vasantrao P. Deokate
- Mother's Name: Ranjana V. Deokate
- Date of Birth: 11/21/89
- Marital Status: Married
Timeline
Senior Manager - Strategic Sourcing
Schneider Electric India Private Ltd.
06.2023 - Current
Sourcing Professional
Siemens Ltd.
12.2019 - 05.2023
Operational Procurement Executive
Siemens Ltd.
07.2017 - 11.2019
Sr. Purchase Engineer
Endurance Technologies Ltd.
09.2016 - 07.2017
Specialist in Materials Department
Sanjeev Auto Parts Manufacturers Pvt. Ltd.
12.2011 - 09.2016
MBA - Operation
Jaywant Institute of Management
Bachelor of Engineering - Mechanical Engineering
Jawaharlal Darda Institute of Engineering And Technology
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