Vaibhav Vaghulade
Senior Procurement Executive
Pune
Summary
Mechanical engineer with seven years of valuable procurement experience and one year of apprenticeship. Expertise in procurement and negotiation, excelling in managing vendor relationships. Committed to delivering high-quality products on time, with a strong focus on customer service. Skilled in strategic sourcing, negotiation, supplier relationship management, and cost optimization. Eager to leverage these skills in a new field to drive meaningful results.
Overview
7
7
years of professional experience
2019
2019
years of post-secondary education
3
3
Languages
Work History
Senior Procurement Executive
Uttamenergy Limited
2024.08 - Current
- Buying mechanical bought-outs as per parts specifications for project business.
- Conducting techno-commercial discussions and negotiations with vendors
- Releasing purchase orders, scheduling, and following up on materials.
- Developing vendors, costing, and conducting techno commercial negotiation with suppliers to establish price and commercial terms.
- Procuring items such as pumps, fans, valves, cables, motors, instruments, and raw materials
such as plates, structures, and pipes as per domestic requirements. - Ensuring proper submission of receipts and invoices to finance and minimizing disputes with all
stakeholders for timely release of payment to suppliers. - Tracking progress of ordering and ensuring timely delivery of various procurement items.
- Maintaining proper documentation for each purchase order, like receiving quotations,
comparative statements, negotiations done, etc. - Demonstrating skills in sourcing, data analysis, costing, fair pricing, and negotiation.
BUYER
THERMAX LIMITED
2021.09 - 2024.07
- Reduced procurement costs through strategic sourcing, competitive bidding, and effective negotiations.
- Coordinated with logistics teams to resolve any shipping delays or discrepancies while minimizing impact on operations.
- Maintained a comprehensive database of supplier information, including contact details, capabilities, pricing structures, and lead times.
- Conducted regular performance reviews of suppliers, ensuring compliance with company standards and expectations.
- Played key role in contract negotiations, achieving favorable terms that supported company's budgetary objectives.
- Built long-term supplier relationships with vendors to establish quality and competitive pricing.
- Ensured timely delivery of products by closely monitoring vendor performance and addressing any issues promptly.
PURCHASE EXECUTIVE
DAEDALUS LIFT ACCESS EQUIPMENT PVT LTD
2019.11 - 2021.09
- Negotiated with vendors to procure best prices and quickest service for equipment and supplies.
- Developed strong relationships with key suppliers, fostering long-term partnerships and ensuring timely delivery of products.
- Collaborated with cross-functional teams to identify opportunities for cost savings and process improvements in procurement activities.
- Supervised purchasing and warehousing processes to reduce loss, time and injuries.
- Reduced costs for the organization by optimizing purchasing strategies and supplier relationships.
- Established and maintained accurate records of purchases, pricing and payment terms.
DIPLOMA TRAINEE ENGINEER
CUMMINS INDIA LTD
2018.09 - 2019.09
- Warehouse Management & Inventory Control: This involves overseeing the efficient receipt, storage, and dispatch of a range of goods
- It requires keeping track of stock levels, delivery times, transport costs, and efficiency
- Capacity Expansion Plan of Stores: This involves planning for the expansion of storage capacity to accommodate increasing inventory levels
- Installation of Storage System & Equipment: This involves setting up and maintaining the storage systems and equipment used in the warehouse
- Material Feed on Assembly Line: Ensuring that materials are readily available on the assembly line for smooth production
- Preparing Material Requirement Plan: This involves planning for the materials needed as per the production floor needs
- Tracking and Maintaining Inventory Accuracy: This involves keeping an accurate record of the inventory and performing scheduled cycle counts and PEEP corrections
- Managing Inventory Levels: This involves efficiently managing the inventory levels to ensure ready availability of materials to meet production and dispatch targets
- Generating Reports: This involves generating reports on non-moving & slow-moving goods, monthly MIS report, daily & dispatch report, and inventory report
Education
DIPLOMA - MECHANICAL ENGINEERING
G. H. Raisoni College of Engineering.
JALGAON, MAHARASHTRA2018-06
SSC - undefined
KASHIBAI UKHAJI KOLHE VIDYALAYA
JALGAON, MAHARASHTRASkills
Procurement process improvement
Negotiation expertise
Strategic sourcing
Supplier relationship management
Sustainability initiatives
Cost reduction strategies
Cost analysis
Budget planning
Problem-solving
Self motivation
Timeline
Senior Procurement Executive
Uttamenergy Limited
2024.08 - Current
BUYER
THERMAX LIMITED
2021.09 - 2024.07
PURCHASE EXECUTIVE
DAEDALUS LIFT ACCESS EQUIPMENT PVT LTD
2019.11 - 2021.09
DIPLOMA TRAINEE ENGINEER
CUMMINS INDIA LTD
2018.09 - 2019.09
SSC - undefined
KASHIBAI UKHAJI KOLHE VIDYALAYA
DIPLOMA - MECHANICAL ENGINEERING
G. H. Raisoni College of Engineering.