Understand critical product specifications for different applications & align company to source them. Sourcing products to fulfil the customers and suppliers needs. Developing and implementing Market strategy based on business plan of the company. Increasing the breath of suppliers by targeting the new products, Relationship building & retention plan for existing suppliers satisfaction & complaint redressal
Overview
1
1
year of professional experience
Work History
Strategic Sourcing and Procurement Professional
Prakash Chemical Internationals Pvt. Ltd.
Vadodara
07.2023 - Current
Collaborated with other departments within the organization to understand their needs related to sourcing and procurement activities.
Ensuring timely & consistent availability of Products.
Resolved vendor-related issues in a timely manner while maintaining positive relationships with them.
Maintaining inventory efficiency & responsible to deplete inventory based on FIFO & LIFO.
Analyzed market trends and conducted research to identify cost savings opportunities for products and services purchased by the company.
Identified potential new suppliers, evaluated them and negotiated contracts with the selected vendors.
Managed vendor relationships through regular communication regarding expectations, performance metrics.
Coordinated regular meetings between stakeholders, suppliers and internal teams to discuss procurement requirements.
Coordinated efforts among multiple stakeholders involved in the procure-to-pay process cycle.
Negotiated pricing, payment terms and delivery schedules with vendors while ensuring best value for money spent on procurement.
Prepared daily, weekly and monthly procurement reports for supervisor review.
Built long-term relationships with company vendors and suppliers to secure optimal prices.
Researched and compared vendor and supplier prices to make informed financial decisions.
Met with clients on regular basis to discuss market trends, portfolio adjustments and performance details.
Analyzed survey results to develop insights into customer preferences and satisfaction levels.
Education
MBA - Marketing
Sardar Patel Education Campus
Anand, Vidhyanagar
03-2023
Bachelor of Science - Chemical Engineering
GFSC University
Vadodara
03-2021
Skills
Supplier Relationship Management
Strategic Sourcing
Price Negotiation
Cost Analysis
Market Analysis
Global Procurement
Trends Analysis
MS Office
Purchase Orders
SAP Expertise
Languages
Hindi
First Language
Timeline
Strategic Sourcing and Procurement Professional
Prakash Chemical Internationals Pvt. Ltd.
07.2023 - Current
MBA - Marketing
Sardar Patel Education Campus
Bachelor of Science - Chemical Engineering
GFSC University
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