S.V Prasad Sharma
Coimbatore
Summary
Dynamic senior automotive industry professional with a proven track record in supplier development, cost reduction strategy formulation, and international purchasing. Expertise in supply chain development and the application of IT-enabled tools to maximize stakeholder value. Recognized for integrity and a goal-oriented approach, fostering team development to build cohesive units that achieve sustained results aligned with business objectives. Proficient in multicultural engagements with global suppliers, leveraging contemporary techniques, including AI and intelligent platforms, to enhance supply chain and logistics efficiency at all levels.
Overview
37
37
years of professional experience
Work History
Head Central Purchase and Supply Chain Excellence
Pricol Limited
08.2022 - Current
- Responsible for Driving efficient, cost effective Sourcing, purchase and SCM for all 10 Pricol India plants.
- Articulated Purchasing strategies and SCM improvement plan and executed the same with improvement in cost by 2.25% for 12 months.
- Prepared road map to bring down Logistics cost by renegotiation, consolidation and redesigning supply chain systems. Ensured cost reduction by INR 16 crores for 2022-23.Achieved INR 33 Crores in 23-24.Planed Rs 40 crores for 2024-25.
- Developed parts in Rubber, Machined parts,Pressed Sheet metal, fabricated sheet metal, moulded Plastics and Ferrous castings- Both Grey Iron, SG iron, Special Aluminium alloys, ADC 12 alloy alloys to enhance strong domain expertise. Have extensive knowledge in Electronics display, Semiconductor and components sourcing.
- Facilitated new product and technology smart working projects in Purchase and logistics by implementing 17 new ideas with saving potential of INR 13.2 crores/annum.
- Developed Pricol Saptha- a digital AI based consolidation system for efficient integration of Import shipments at Hongkong and Singapore to bring together 7 stake holders in one platform.
- Developed strong and reliable sources for purchase of AI alloys ADC12, AC2B used in GDC and PDC parts needed for inhouse and for suppliers at Malaysia and Thailand using FTA benefits. Developed GDC parts needed for Disc brake master cylinder and Caliper body and also converted the master cylinder from GDC to PDC to enhance productivity and reduce cost by 25%.Have extensive knowledge of AI alloy value chain and cost structure.
- Got AEO T2 certification for Pricol Ltd to make sure that the benefits of Deferred duty, factory stuffing and many other are accrued for improving import process.
- Supplier Purchasing platform developed with Zumen for automating RFQ and business award till PPAP in 2024.
Director- Purchase and Advanced supplier quality
Sogefi Engine systems India(Automotive)French MNC
09.2018 - 08.2022
- Responsible for Supplier Selection, Management, Supplier Improvement activities along with Team building and mentoring a cohesive synergistic organisation.
- Spearheading Strategic sourcing, SQA, SCM for all 5 plants of India Region.
- Articulating cost optimisation, global sourcing for other plants of Sogefi from India. Enabled a cost saving of Euro 450000/Annum at Sogefi France and UK plants in 2021 thro India sourcing strategy.
- Achieved cost reduction of 1.82%on buy value in 2019 and 3.1% in 2020, 4.02% in 2021.
- Team management In India for Commodity buying, SQA, Project buying, SCM with targets to reduce cost, Inventory and working capital. Reduced Inventory by achieving 18 turns from 12 turns during last 12 Months.
- Making SCM effective by implementation of Cost-effective logistics solutions for Imports and inland transports. Rationalised warehouses to reduce cost.
- Reduction of development lead time for parts in Plastics, AI castings, Rubber Parts, bought out parts with Right quality first time -96% achieved.
- Global sourcing from China, Korea and European sources in order to achieve best quality and world class practices.
- Efficient Buying of Capex equipment’s by reducing cost by more than 22% and capacity expansion in short time.
- Made cost effective service contracts for Transport, Import logistics, Canteen, Security, Housekeeping, returnable packaging logistics.
- Introduced Supplier quality Manual and Liability insurance covering 85% of suppliers in 2020. 90% suppliers in 2021.
Head Strategic sourcing and SQA
Pricol – Indian MNC
12.2015 - 09.2018
- Responsible for Supplier selection, development, and performance monitoring for all 7 plants of Pricol.
- Leading the initiatives in Cost reduction, Supplier quality improvement, Value engg and new parts development in a challenging highly competitive market.
- Achieved INR 112 Million cost savings in 2015-16 and have achieved INR 300 Million cost savings in 2016-17.
- Articulated Supplier development and performance improvement programme with view to bring down PPM levels from 3610 to 999 in 2016-17. Achieved level of 1656 within 3 months.
- Integrated Sourcing and SQA teams with concerted training and team building efforts to get synergy with other functions.
- Commodity management structure developed and separate verticals designed to focus on the spend and initiated continuous improvement in team performance against goals.
- Reduced supplier base from 583 to 497 in 6 months.
Head Purchase and SCM
MAHLE Engine components India-German MNC
12.2014 - 12.2015
- Responsible for developing and implementing strategy for Purchasing, Supply chain and logistics for MAHLE India.
- Major types of commodities handled: Aluminium alloys, Castings, Forged piston pins, Rings, circlips, consumables, tools, capex, services.
- Devised cost saving strategy and executed same with savings of INR 17.5 million in 8 months.
- Targeted cost savings of INR 60 million for year 2015 and deployed a comprehensive plan to achieve the same.
- Developed new logistics system from abroad to improve supply lead time and also to reduce cost.
- Additionally carried out Oracle EBS R12 ERP system Migration and server data centre development for MAHLE.
- Developed and implemented hedging strategy for MAHLE India to reduce risk.
- Implemented inventory tracking system and planning system to reduce inventory.
- Implemented innovative solutions for automating incoming materials and out bound material to increase productivity by 35%.
- Implemented foldable crates to Maruti and Honda for cost savings by 12% in logistics.
Vice President Purchase and SCM
CRI Pumps India MNC
11.2010 - 11.2014
- Responsible for centralised Purchase and SCM activities for 8 Mfg plants with business exceeding INR 1350 crores, with 5 overseas subsidiaries.
- Major Types of commodities- input raw materials for Castings-Steel, Stainless steel, Investment, Copper, silicon steel stampings,PVC resin, PVC compounds, Seamless pipes, Stainless steel bars, Strips, aluminium Ingots and extrusions, Plastics, cold Forged parts, moulded parts, ABS, Noryl, Rubber, Sheetmetal parts, Fasteners, Machined parts, Consumbles, capital equipments, service contracts.
- Set up the SCM organisation by hiring people with better skill sets.
- Used import strategy to save material costs in copper, Stainless steel and electronic parts and also effectively used India- specific bilateral trade pacts.
- Saved INR 14.83 Crores- (2.9% ) during last 12 months by focussed team coordination in purchasing and SCM strategies.
- Vendor Management portal-“I-supplier” developed and introduced for better SCM.
- Developed commodity strategies for Castings, Copper, ABS, silicon steel and stainless steel to achieve risk free Supply in last 36 months.
- Introduced Price variation monitoring programme in Oracle ERP to track commodity risks.
- Introduced KanBan system for Stampings, Shafts and high value parts to run on Lean.
- Increased Inventory Turns to 10 from 7 in 12months.
- Developed SCM manual for CRI pumps with policy and actions along with Oracle R12 ERP.
- Scrap disposal system and manual introduced to increase revenue by 12% in scrap sale and also by forward online auctions.
- Developed and articulated the cost effective import logistics system for large qty of material movements from Europe,Middle east and far-east countries.
General manager -SCM
Circor Flow technologies India an American MNC
05.2009 - 10.2010
- Responsible for Building supplier base in India for Circor’s requirements in India and also for sourcing components for other locations worldwide from 0 to 58 In 12months.
- Major types of Purchased components: Valve bodies made of Grey iron, SG Iron Castings, Carbon steel, Investment castings, Stainless steel castings, Turned parts used in instrumentation fittings, Forgings, Machined parts such as manifolds.
- Selection of suppliers, evaluation and monitoring performance on continuous basis.
- Developing commodity strategies to build Circor’s growth in India and support the Global supply chain to get benefits of lean manufacturing supply chain.
- Represent India and neighbouring countries in Global supply chain council.
- Negotiate contracts with suppliers and effectively Manage the start up all the way to PPAP with “Do it right first time” and series production.
- Achieved cost reduction of USD 1.5Million in 6months.
- Developed SCM for US and Europe thro single 3P Logistics service provider.
- Was core team leader for Due diligence when Circor Acquired Mazda and also for integration to Circor India.
Asst General Manager-Purchase,SCM
LuK India- Schaeffler group German MNC
09.2005 - 04.2009
- Responsible for entire material Budgeting, pricing, Purchasing, inventory Management, Sourcing, supplier audits and Project Purchases.
- Major types of Direct materials purchased: Ferrous Castings, Hot and Warm Forgings, Stamped sheet metal parts, springs, injection moulded plastic parts, Friction materials, Cold forged parts, machined parts, packaging materials etc from Indian and sources abroad.
- Major types of Indirect materials purchased: Tool steels, Lubricants, High speed diesel, Spare for Machine tools, accessories, Construction materials, office and shop floor infrastructure, consumables, LPG, Methanol, uniform, cutting tools etc
- Project Purchases: Machine tools, capital goods, Special purpose machines, services like maintenance contracts, scrap disposal, civil works etc.
- Negotiated price reductions for Steel, Castings and Forgings, cutting tools, Friction materials with estimated savings of Rs 21 Million for year 2008-09.
- Brought 10% of suppliers under Direct online status in year 2005-06.
- Was Responsible for exporting the components to LuK Germany and LuK USA from India as a global sourcing strategy with annual business of about INR 40 Million for 2008-09.
- Introduced annual contracts for Purchase of Lubricants, Cutting tools and Annual maintenance of capital equipment’s to get better prices.
- Conducted Forward auction on Internet to dispose Non Moving and scrap materials to realise best prices in 2006-07 for the first time in LuK India.
- Increased inventory turns from 15 to 22 in 8 months.
- Supplier training conducted on TS 16949 and 8D corrective action procedure twice in year 2006.
- Developed 12 components for Swift Diesel Model clutch assy within 6 weeks in 2006 and 8 components for Uzel Turkey project in 2007 for exports.
- Implemented SAP ERP system in LuK India for Material Management module in 2007 in co-ordination with IBM.
Manager-Vendor development and SQA
Pricol Ltd- Auto component major in partnership with Denso Japan
06.2003 - 09.2005
- Conducted Outsource 2003 an event to identify potential sources for components and sub assy to be sourced for PRICOL which attracted 2500 suppliers from all over India.
- Developed new parts used in Instrument clusters of 2 wheelers, 4 wheelers, Off-road vehicles, Vehicle security systems- made from Die cast, Machined, sheet metal, plastic moulded and sintered parts.
- Eliminated 120 vendors from vendor base who had very few transactions and rationalised vendor base.
- Set up a team of 6 professionals to identify, evaluate and induct suppliers with good effect as per ISO-TS/16949 quality system standards and to improve Supplier quality.
- Improved incoming material quality from 12,000PPM to 7500 PPM by launch of Quality drive at suppliers.
- Reduced cost by Rs 5 million/annum in machined components by alternate source strategy.
- Developed 2 cost effective sources at China for Bearing and Magnet by visiting and evaluating the supplier in 2004. Estimated annual savings - Rs 2Million.
- Developed sensor housing assy with a dedicated line setup at sub contractor to produce 10000 Pcs per month from concept to execution.
- Offloaded 25 sub-assy parts to vendors to reduce cost and to release inhouse capacity in the year 2004-05 with estimated savings of Rs 12 million/annum.
- Trained the vendors with SQA team to enhance the competencies of suppliers in PPAP, Kaizen and deployment of Poka-yoke techniques along with 5-s and lean manufacturing.
Asst.Manager-Purchase
Bosch India, B'lore- German MNC
10.1999 - 06.2003
- Established 10 cost effective vendors at Bosch for supply of critical components for alternators within one year with Savings in Material costs- Rs 4 Million/Annum.
- Successfully sourced the components-for alternators for export project to customers-V M Motori, BMW in year 2002.
- Visited BOSCH- Great Britain and Suppliers at Germany, Czech Republic for implementing the successful transfer of 2 new products to Bosch India in year 2001.
- Reduced material costs by 5% by value engineering in year 2002 for compact alternators.
- Inventory reduction of 7% achieved in five “A” category items through Long term contracts with vendors.
- Negotiated price reductions with suppliers for components outsourced, achieving savings of 2 million Rupees/annum during 2001 which included 3 sources identified by e-procurement activity.
Senior Engineer- Materials
Kirloskar Electric Mysore- Blue chip co of Kirloskar Group.
01.1990 - 10.1999
- Developed import substitutive sources for Aluminium extrusions, terminal blocks resulting in reduction of 12% costs for these materials.
- Achieved savings of Rs.0.72 Million by better negotiations, Development of alternate sources and value engg during 1998-99.
- Process improvement achieved to reduce defects/unit in UPS systems assembled at Supplier, from 4.2 to 0.93 in 1 year.
- Won Cash awards for excellent performance Twice from Management during 1993-94 and 1998-99.
- Won Cash awards/certificates for giving innovative suggestions to management in the areas of value engg and disposal of non -moving material, 13 times.
- Developed five dedicated subcontractors for machining, assembly of SPM’S, Fabrication of control panels and assembly of UPS.
Lecturer
Vivekananda Polytechnic- Puttur.
11.1988 - 12.1989
Education
Certified Purchasing Manager(CPM) -
ISM, USA through IIMM, Bangalore
01.2003
Post Graduation in Materials Management (PGDMM) - undefined
IIMM, Bangalore
01.2001
Diploma - Engg materials & Design
IISc Bangalore
01.1990
B.Tech - Mechanical
University of Mysore
01.1988
Skills
- Friendly, positive attitude
- Teamwork and collaboration
- Customer service
- Problem-solving
- Time management
- Attention to detail
- Dependable and responsible
- Flexible and adaptable
Accomplishments
- III prize for Paper presented on MM day at IIMM in April-06 on “Emerging Paradigms In Supply chain management”
- II prize for paper on “ Green Buying” held by IIMM Bangalore on 23.4.05.
- I prize in ‘Best Supply Chain Manager ‘ Contest Held at IIMM Bangalore on 18.4.04.
- First Prize in Essay Competition held by IIMM on MM Day celebration in April-04.
- I prize in “Best Materials Manager” contest in May-2003 from IIMM Bangalore on “Challenges for supply management”- Case study.
- Presented paper on “Out Sourcing-Today’s competitive weapon” on MM day celebration of IIMM –May-2003.
- Presented Paper “Competing through Supply Chain Management” on Materials Management Day organised by IIMM, Bangalore in April-2000.
- CPM Certification, which under lines the professional competence in Purchasing, from ISM, USA in May-02.
- Visiting Faculty at IIMM Bangalore and Jansons business school for Postgraduate Courses since Dec-2005.
- Won Cash awards for excellent performance twice from Management at Kirloskar Electric.
- Won awards for Value engg and non-Moving material disposal 13 times so far.
- Won SJ Jindal Trust scholarship for Engineering education and Govt of India Merit Scholar ship to study in residential schools during 8th std to Pre-University level.
- Guided MBA students of Symbiosis Management Institute on a Project and Dissertation on “Vendor Base Rationalisation at Pricol Limited”
- Guided a successful CII Cluster project for Vendor upgradation at Coimbatore by being the Project co-ordinator for 10 small scale industry vendors in year 2004-05 and 2017-18 for 40 suppliers with good results.
- Worked as Secretary of mechanical engg association at college.
- Qualified Trainer for current trends in- Do It right first time, IATF/16949 quality systems, Value engg, Logistics, Import procedures and Cost reduction thro materials management, Optimising SCM.
- Articulated India sourcing strategy 2020-21 for Sogefi India in order to derisk China buying amidst COVID 19 and India- China tension atmosphere.
- Articulated and implemented world class supply chain for Pricol from all global suppliers at Asia, Europe, US and China during 2022, 2023,2024 to reduce cost by 35% in Logistics.
Affiliations
Membership of IIMM : Life member-L/2441/BG
Others
English,Kannada,Hindi,Tamil, Malayalam,Tulu
Timeline
Head Central Purchase and Supply Chain Excellence
Pricol Limited
08.2022 - Current
Director- Purchase and Advanced supplier quality
Sogefi Engine systems India(Automotive)French MNC
09.2018 - 08.2022
Head Strategic sourcing and SQA
Pricol – Indian MNC
12.2015 - 09.2018
Head Purchase and SCM
MAHLE Engine components India-German MNC
12.2014 - 12.2015
Vice President Purchase and SCM
CRI Pumps India MNC
11.2010 - 11.2014
General manager -SCM
Circor Flow technologies India an American MNC
05.2009 - 10.2010
Asst General Manager-Purchase,SCM
LuK India- Schaeffler group German MNC
09.2005 - 04.2009
Manager-Vendor development and SQA
Pricol Ltd- Auto component major in partnership with Denso Japan
06.2003 - 09.2005
Asst.Manager-Purchase
Bosch India, B'lore- German MNC
10.1999 - 06.2003
Senior Engineer- Materials
Kirloskar Electric Mysore- Blue chip co of Kirloskar Group.
01.1990 - 10.1999
Lecturer
Vivekananda Polytechnic- Puttur.
11.1988 - 12.1989
Post Graduation in Materials Management (PGDMM) - undefined
IIMM, Bangalore
Diploma - Engg materials & Design
IISc Bangalore
B.Tech - Mechanical
University of Mysore
Certified Purchasing Manager(CPM) -
ISM, USA through IIMM, Bangalore
Others
- Family details : Married, wife-Housewife, With a son of age 24 years.
- Passport Details : T3799698 valid till 4/04/2029
Yoga for sustained health and strengthening the core
Using Yoga for sustained Health and strengthening core and Mind to deal with tough and stressful situations and maintain calmness in adverse challenging assignments