Vaibhav Shere

Seasoned procurement professional with over 11 years of comprehensive experience in Strategic Sourcing, Materials Planning, Inventory Management, and Vendor Management. Recently served as Deputy Manager at Godrej & Boyce Mfg. Co. Ltd. Proficient in driving cost reduction initiatives, negotiating contracts, and optimizing procurement processes to achieve substantial savings. Skilled in vendor development, auditing, and assessment, with a proven track record of ensuring maximum growth and profitability. A collaborative leader with strong communication and analytical abilities, committed to delivering effective service and driving organizational success. Seeking opportunities with a growth-oriented organization to leverage expertise in purchase operations and material management.

• Successfully manage to bring the material on time & rewarded by OTD certification by company (thyssenkrupp Elevator India Pvt Ltd.)
• Effectively managed inventory level within defined targets with drastic reduction in inventories of all parts by using techniques like VMI & Kanban.
• Lead the team of NCR group by using methods such as Route cause analysis, why-why analysis.
• Remarkable Savings of almost Rs.5CR in 2020-2021 for current Organization.
• Developed Alternate supplier for Monopoly category, like heat sink.
• Achieved localization for items like fan motor and sensors for Qube application.

• Knowledge of ERP, Windows 98-2000, Windows XP. Microsoft Office (Advance Excel, Word, Power Point)
• ERP's Worked on - Microsoft Navision, Fourth Shift, Infor

• GODREJ & BOYCE MFG. CO. LTD. (Vikhroli), DM- Material Management, Strategic Sourcing, 06/06/19 - 05/30/22, Godrej & Boyce Mfg. Co. Ltd., Godrej Appliances, a business unit of the highly diversified, Godrej & Boyce Mfg. Co. Ltd. is one of the largest players in the Home Appliances space in India. In 1958, Godrej was the first Indian Company to manufacture Refrigerators and has now become synonymous with the category. The company caters to a wide range of products from Refrigerators, AC's, Washing Machines, Microwaves, Qube & some commercial appliances as well like Chest Freezer, Medical Chest Freezers, Medical Refrigerators, Viroshields etc., Refrigerator, Qube, Medical Ref., Chest Freezer, Medical Deep Freezer, Procurement for Service revenue (Ref parts), Control Items, Rigid PVC Extrusions, AL Extrusions, Copper items, Thermostats, Fan motors, Capillaries, Bimetal, PVC Gaskets & Trims, Al extrusion tubes & heat sink profiles, Bulb, Heaters, Medical Chart Recorder, Data logger, Sensors, Surge Protector, Relay's & Olp's, Off Delay Timer, Roll bond panels, condensers, traded refrigerators, HIPS trims, Data logger, drier, Evaporators, Ensuring Vendor Assessment & Auditing to be done to maintain the quality supplies., Ensuring techno Commercial Negotiations with suppliers for right quality product at right price., Ensuring material supply Compliance., Ratio Projects to ensure maximum savings from the parts handled., Ensuring localization for major overseas supplies especially for Chinese monopoly items., Ensuring Alternate development for Monopoly items., Procurement of Service parts for Refrigerator Category., Ensuring contracts agreements for supply/quality/ service are in place for parts handle., Ensuring techno-commercial negotiation are being conducted in compliance to the agreement terms for parts and services handled., Co-ordinating with regulatory and legal teams for finalizing the legal and regulatory terms to obtain win-win situation during negotiations., Visits to suppliers to ensure timely deliveries from supplier, also to tackle quality related issues for parts handled., PO placement on suppliers., Support to R&D for New Product Development., Ensuring on time Supplier payments., Support to export team for issuing Refrigerator product certifications., Ensuring Suppliers quality agreements are in place for parts handled., Depletion of non-moving inventory., IQI & TCR improvement for parts handled.
• FUJI ELECTRIC INDIA PVT LTD (Bhiwandi), AM- Project Purchase, Purchase & Commercials, 03/06/17 - 05/24/19, Fuji Electric India Pvt. Ltd., a 100 % Subsidiary of "Fuji Electric Group". Fuji Electric India was established in 2009 and is headquartered in Mumbai with a Pan-India presence. The company caters to a wide range of products from AC Drives, Motion Controllers, PLCs, DCS, HMI, Semiconductors and Field Instruments. The company employees approximately 130 persons., expanded its market reach through 13 Sales Offices & 100. Industry Focused Channel Partners. The growth rate had been phenomenal to reach a sale of 25 Million US $., Booking a sales order after receipt of Purchase order from Customer., After receiving PO from Customer, reading the PO contract properly & ensuring the terms with respect to existing terms., Releasing ABG, PBG & PI if required as per Customer's PO term., After receiving a BOM from Project Manager, arranging the procurement of fabricated, bought outs & outsourcing items by taking quotation from Suppliers as well as CP's & ensuring the best prices to achieve the Maximum Margin in project., Techno-commercial negotiation with the suppliers for obtaining optimum price of fabricated components as per material cost, process cost, labour cost etc., Ensures the deliveries with respect to project execution planning., Maintaining MIS, Sourcing report, material master updating., Studying the process lead time, quality plan & monitoring status of material.
• ThyssenKrupp Elevator India Pvt.Ltd (Bhiwandi), Engg- Purchase, Purchase, 01/03/11 - 01/19/17, ThyssenKrupp Elevator is one of the leading elevator companies that lead the world in passenger and freight elevators, escalators and moving walks, passenger boarding bridges, stair and platform lifts as well as tailored service solutions for all products having manufacturing plants in China, South Korea, France and Germany, Spain., Purchasing of sheet metal, structural & fabricated components, Bought outs & outsourcing items., Techno-commercial negotiation with the suppliers for obtaining optimum price of fabricated components as per material cost, process cost, labor cost etc., Follow up and tentative monthly planning for raw material procurement as well as crucial contribution in implementation of day to day date wise planning for all finish products to all suppliers to meet the OTD criteria & managing inventory levels for ensuring ready availability to meet procurement & dispatch targets to Avoid Shortage or Excess Inventory., Maintain two bin systems at suppliers end to ensure timely delivery of critical items by utilizing TOC inventory management concepts., Maintaining MIS, Sourcing report, material master updating., Studying the process lead time, quality plan & monitoring status of material., Tackling & receiving quality related issue for resolving them with root cause analysis and implementation of the action plan., Ensuring contracts agreements for supply/quality/ service are in place for parts handle., Ensuring techno-commercial negotiation are being conducted in compliance to the agreement terms for parts and services handled., Co-ordinating with regulatory and legal teams for finalizing the legal and regulatory terms to obtain win-win situation during negotiations., Creation & implementation of various saving plans, creation of monthly saving reports & their analysis., Analysis of MIS reports like OTD reports on monthly basis for all suppliers & making improvements., Ensuring that all the payments of suppliers have been made in schedule and also resolving all the payment conflicts by coordinating with the Finance Department., Ensuring best use STD policies e.g.: price terms, Pay terms, agreements., Knowledge of an ERP package (purchase module).

• Date of Birth: 10/12/88
• Gender: Male
• Marital Status: Single