Vikram Jeet Singh
Sourcing Executive
Rudarpur
Summary
Accomplished Sourcing Executive with a proven track record at Neel Metal Products, enhancing procurement efficiency and achieving a 5% cost saving on annual NPI/Capex buying. Expert in strategic sourcing and price negotiation, I excel in supplier relationship management and decision-making, significantly improving cash flow and reducing lead times through innovative procurement strategies.
Overview
9
9
years of professional experience
1
1
Certification
Work History
Sourcing Executive
Neel Metal Products
06.2021 - Current
- Streamlined procurement processes for increased efficiency and reduced lead times.
- Negotiated favorable payment terms with suppliers, improving cash flow management for the organization.
- Procurement and finalize of SKF Bearing, V-belt, Taparia hand Tools, Drill nut Bolt, Elgi compressor Spare, Electrical Spare, Cable, MCB, MCCB, Contactor, etc.
- Procurement and finalize Production consumables, packing, lubricants, housekeeping, stationary, etc.
- Cost Saving, 5% of Annual buying in NPI/Capex.
- PR to PO conversion.
- Achieved cost savings by negotiating contracts with suppliers and vendors.
- Established a centralized purchasing system to streamline procurement processes and reduce administrative overheads.
- Negotiated contracts with suppliers to obtain favorable terms and pricing.
- Negotiated pricing and terms with vendors to secure the best value for the company.
- Generated reports on purchasing activities to support management decisions.
- Capex purchasing of tools, jigs, and fixtures for in-house requirement by understanding concept, cost estimation, and rate comparison.
- Defining the critical components for the machines and benchmarking supplier relationships (supplier account development, supplier business review) with long-term capacity and availability of scarce components.
- Working with the plant maintenance team to find primary and secondary sources of supply for all machinery spares, components, and consumables. Also sourcing and purchasing special items needed for Production, New Line Development project.
- Arrange pre-award technical meetings involving the Engineering, Project, and Supplier representatives to freeze the technical requirement.
Senior Executive Sourcing
Makino Automotive
08.2020 - 02.2021
- Issuing Purchase Orders in SAP to vendors.
- Working with the plant maintenance team to find primary and secondary sources of supply for all machinery spares, components, and consumables. Also sourcing and purchasing special items needed for Production, New Line Development project.
- Ensuring PO to Pay completion. Timely delivery of material to the Plant.
- Identification of import items to be indigenized and development of indigenized spares.
- Daily monitoring of regularly consumed items and maintaining their inventory in store to avoid any shortage during breakdown.
- Coordinating with warehouse, store personnel, and vendors.
- Expediting with sources and coordinating with process partners on critical material shortage.
Sourcing Executive
Rockman Industries
06.2019 - 08.2020
- Negotiated favorable payment terms with suppliers, improving cash flow management for the organization.
- Streamlined procurement processes for increased efficiency and reduced lead times.
- Reduced inventory costs by optimizing order quantities and managing stock levels effectively.
- Achieved cost savings by negotiating contracts with suppliers and vendors.
- Negotiated contracts with suppliers to obtain favorable terms and pricing.
- PO creation of (Capex, NPI, Schedule agreement)
- Procurement of Imported Spares. Identification of imported items to be indigenized.
- Preparation and follow-up through Min-Max Tracking Sheet of material.
DET/ Jr. Executive
Neel Metal Products
10.2015 - 06.2019
- Handle routine purchasing activities or inquiries from various stakeholders and ensure that goods and services are ordered as specified and made available or delivered on a timely basis. Sending RFQ and arranging quotations.
- Release Purchase Orders and Scheduling Agreement.
- Track status of in-transit material and follow up with suppliers and transporters for material having less coverage.
- Conversion of PR to PO.
- Machine spares, as well as electrical consumables.
- Ensure zero line stoppage and smooth running of the production cycle by timely availability.
Education
Diploma In Mechanical Automobile - Engineering
Six Sigma Institute of Technology & Science
Rudarpur, India 04.2001 -
Hight School -
A.N Jha Rajkiye Inter College
Rudrapur, India 04.2001 -
Skills
Strategic Sourcing
Languages
English
Advanced (C1)
Hindi
Advanced (C1)
Punjabi
Bilingual or Proficient (C2)
Certification
• 78 UK /BN NCC Haldwani as a cadet in 2009 with B Certificate
Timeline
Sourcing Executive
Neel Metal Products
06.2021 - Current
Senior Executive Sourcing
Makino Automotive
08.2020 - 02.2021
Sourcing Executive
Rockman Industries
06.2019 - 08.2020
DET/ Jr. Executive
Neel Metal Products
10.2015 - 06.2019
• 78 UK /BN NCC Haldwani as a cadet in 2009 with B Certificate
11-2009
Diploma In Mechanical Automobile - Engineering
Six Sigma Institute of Technology & Science
04.2001 -
Hight School -
A.N Jha Rajkiye Inter College
04.2001 -
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