Vikram Jadav
Procrument & Supply Chain Professional
Anand
Summary
Dynamic and results-oriented procurement professional with over 17 years of experience in strategic sourcing, contract negotiation, and supplier relationship management. Proven track record of driving cost savings and process improvements within fast-paced environments. Possess a strong understanding of supply chain dynamics coupled with exceptional analytical skills to optimize procurement strategies. Adept at collaborating cross-functionally to align procurement initiatives with organizational goals. Known for fostering productive partnerships with vendors to ensure timely delivery of quality goods and services. Seeking to leverage expertise in procurement management to drive operational efficiency and contribute to the success of a forward-thinking organization..
Overview
18
18
years of professional experience
Work History
Associate Manager - SCM
Elecon Group Of Companies - Elecon Peripherals Ltd
03.2010 - Current
- Administering purchase of Electrical, Electronics & Instrumentation,Mechanical & Capex items. Also responsible for Global sourcing.
- Major Commodities : LT control panels, Power and Control Transformers, PLC Systems, Variable Frequency Drives, Switch Gear, Busbars ,Readymade Panel Enclosures as well locally fabricated panel enclosures & other accessories required for control panel manufacturing. Motors, Geared motors ,Power – Control – Instrumentation Cables, Transmitters, Cable Trays, Field Devices , Electric House, Operator cabin,Packing Material etc
- Job Responsibility
- Procurement Management: Identify and evaluate potential suppliers/vendors based on factors such as price, quality, reliability, and delivery capabilities
- Develop and implement sourcing strategies to meet organization's needs and objectives
- Negotiation: Negotiate contracts, prices, terms, and conditions with suppliers to secure favorable terms, achieve cost savings, and mitigate risks
- Collaborate with legal and finance teams to ensure contract compliance and minimize liabilities
- Supplier Relationship Management: Build and maintain strong relationships with suppliers/vendors to foster collaboration, resolve issues, and address concerns
- Conduct supplier evaluations, performance reviews, and audits to ensure adherence to quality and delivery standards
- Procurement Process Management: Oversee end-to-end procurement process, including requisition processing, purchase order issuance, supplier selection, order tracking, and invoice verification
- Ensure compliance with internal policies, procedures, and regulatory requirements
- Inventory Management: Work closely with inventory and warehouse teams to optimize inventory levels, minimize stockouts, and reduce excess inventory
- Coordinate with production and planning departments to ensure timely availability of materials to meet production schedules
- Cost Optimization: Analyze procurement data, market trends, and supplier performance metrics to identify cost-saving opportunities and implement cost reduction initiatives
- Monitor and control procurement expenses to align with budgetary constraints and financial targets
- Quality Assurance: Collaborate with quality assurance and inspection teams to ensure that purchased materials and products meet quality standards and specifications
- Implement quality control measures to address non- conformities and ensure product integrity
- Risk Management: Identify and mitigate risks associated with supply chain disruptions, supplier dependencies, price fluctuations, and geopolitical factors
- Develop contingency plans and alternative sourcing strategies to minimize business disruptions
- Reporting and Analysis: Prepare regular reports, dashboards, and performance metrics to track procurement KPIs, monitor spending patterns, and provide insights to senior management
- Conduct spend analysis and market research to support strategic decision- making.
- Highlights
- Handled Hoist division: Responsible for entire Planning, Procurement & Execution of Hoist Division.
- Introduced Polycab make in Rubber Cable Commodity and saved cost by 32 Lac against a project purchase requirement of 1.5 Crore (approx. 20%) in 2012-13
- Partook in capital purchase of BMCE project, namely voltage stabilizers, DG Set, Transformer, Electrification contract, Air Conditioning Machines and Luminaries
Engineer
R. Stahl (P) Ltd.
06.2008 - 03.2010
Jr. Engineer
Ms. Amin Panels (P) Ltd.
07.2006 - 06.2008
Education
B.Tech/B.E. - Electrical
Sardar Patel University (SPU)
Skills
Risk Management
undefinedSoft Skill
collaborator
Communication
Planner
Decision maker
Analytical
Thinker
Personal Information
- Date of Birth: 05/30/84
- Gender: Male
- Marital Status: Married
Timeline
Associate Manager - SCM
Elecon Group Of Companies - Elecon Peripherals Ltd
03.2010 - Current
Engineer
R. Stahl (P) Ltd.
06.2008 - 03.2010
Jr. Engineer
Ms. Amin Panels (P) Ltd.
07.2006 - 06.2008
B.Tech/B.E. - Electrical
Sardar Patel University (SPU)
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