Vinayak Bhatale
Navi Mumbai
Summary
Proven Purchasing professional with 8+ Years of Experience in Sourcing and procurement adept at driving cost savings and improving performance. Spearheaded vendor development and supplier relationship management, leveraging advanced ERP systems and Excel. Skilled in negotiations and team management, consistently deliver results beyond expectations, enhancing operational efficiency and strategic sourcing.
Overview
9
9
years of professional experience
1
1
Certification
Work History
Deputy Manager
Epsilon Carbon Pvt Ltd
2024.01 - Current
- Develop procurement plans for all assigned packages at the start of the project and also during EPC bidding phase.
- Establish package strategies and criticality assessments in line with project and business unit objectives.
- Combining or splitting several packages to align with budget, schedule and technicalities or construction strategy of project.
- Manage and co-ordinate procurement activities and deliverables of assigned Procurement Packages.
- Establish supplier bidders lists and conduct market analysis.
- Pre-qualification of suppliers and issue of inquiries
- Follow up of deliveries and progress monitoring, Material release Freight forwarding and receipts control.
- Identify and develop required sources of supply and maintain cooperative working relationships with vendors to stay current with trends and technologies, products and services.
- Source the suitable supplier (for EPC equipment package and bulk materials) by obtaining quotes from supplier (categories which is available in supplier master, the approved vendor list for the EPC project and other techniques available)
- Preparation of Technical Bid Evaluation and obtaining approvals from the Engineering/Project department.
- Preparation of Commercial Bid Evaluation by selecting the technically lowest supplier considering all aspects and obtaining necessary budget approvals, negotiate and obtain best competitive price and create purchase orders.
- Resolve problems and discrepancies timely which occur due to non-compliance to agreed scope and delivery.
- Expedite all the procurement process and ensure delivery as per the committed delivery date. Report the delay timely with action points to overcome the delay.
- Submit the procurement progress report regularly for assigned EPC Packages.
- Maintain and update PR tracker.
- Prepare SOP, Checklist of process to improve the work efficiency
- Developed strong relationships with stakeholders to facilitate smooth communication and project completion.
Senior Purchase Executive
Forms And Surfaces India Pvt Ltd (US Based Co.)
2017.11 - 2024.01
- Spearheading the responsibility for purchasing the Raw materials, Brought out, Consumables, Coatings, Resins, Plastic components, MS, Aluminum, Glass, Metal powder, Paints-Oils, Adhesives, Packaging items, MRO etc. also responsible for outsourcing jobs.
- Responsible for doing quality checks on suppliers to ensure compliance with company standards and specifications.
- Developing and implementing quality control processes, procedures, and documents to ensure the required product quality.
- Supplier audits for the quality management systems and identify areas for improvement.
- Responsible for handling the import Raw materials from China, Taiwan, USA & South Korea.
- Preparing documents like Rate contracts, Service agreement, Vendor details, Supplier evaluation, Performance, Daily MIS preparation, ISO documents, Comparison sheets etc.
- Planning and Procurement of Imported and domestic raw Materials. Plan and execute export/import strategy complying with organizational aims and needs.
- Cost Saving initiatives by new vendor developments, Alternate product/Material Search and Implementation plan
- Review of overall procurement plan & Planning & Strategic Sourcing of all PM.
- MIS Reports – Spend analysis, Forecasting Schedules, Issue highlights, Material Commodity Price analysis.
- Supplier development along with technical team.
- Supplier base optimization & cost saving activities through different purchasing teams
- Managing the overall procurement operations and enhancing the operational efficiency by eliminating obsolescence and achieving cost reduction through vendor development, curbing rework & rejection, materials management.
- Streamlining department processes and procedures to determine optimum staffing levels; implementing metrics to document cost savings, purchase requisition turnaround and number of Purchase Orders (POs) issued.
- Estimating cost of procured components, sending request for quotations & selecting source for effective procurement in terms of quality & costs.
- Preparing plans, scheduling of required materials according to weekly, monthly plan; negotiating price and terms of products with suppliers placing timely ordering materials with estimated cost to competent supplier
- Reviewing all contracts/agreements to achieve ‘best price/ best quality' purchasing, adhering to all company policies with particulars regard to accounting procedures.
- Executing planning and budgeting of purchase functions, involving cost estimation and contract negotiations
- Receiving & reviewing technical specifications, bill of quantity and the like; preparing inquiry documents (technical & commercial) & floating inquiries to suitable vendors; following up with the vendors to get quotations to avoid any delay.
- Preparing & issuing Purchase Orders (PO) in accordance with the selected vendors, price & technical specifications
- Developing alternate vendor base to achieve cost reduction, increase revenues, streamline process workflow and enhance productivity innovatively for in-house and vendor's parts.
- Building and maintaining vendor/supplier relations; evaluating vendors, managing buyer processes, and analyzing reports
- Submission of monthly report on time to the finance and operation for the KPI reports- Inventory/Procurement/ Productivity
Supply Chain Engineer
TATA MOTORS
2016.05 - 2017.11
- Ensured availability of material from supplier to complete all new development vehicles.
- Conduct Supplier RFQ process, selection and negotiations (SS, Castings, Machined parts, forgings, wiring harness parts)
- Maintain long term relationship with vendor partner and all stakeholders.
- Implement quality control processes, procedures and documents to ensure required product quality.
- Involved bid list preparation; executed general purchase agreements between vendors and TML.
- Fulfilled chassis line material requirements of South Africa, Bangladesh & Nepal plant for manufacturing various trucks and buses.
- Analyzed company spending, business needs and formulation and implementation of category purchasing strategies and drive purchasing savings, KPIs and compliances.
- Executed supplier relationship management on contracting and performance on service, quality, and deliverability.
- Communicated with stakeholders on market practice/trends, recommendation and implementation of effective and cost-efficient purchase methodology and process.
- Supported team and managed stakeholders' relationships.
- Performed analysis/ quarterly reviews and kept record of all vendor performance reports.
- Oversaw supplier relationships to review open action items, supplier's performance, forecasting of future demand.
- Acted as Point of contact for supplier relationship with internal functions (i.e. supplier quality, delivery)
Junior Purchase Engineer
Onyx Technology
2015.06 - 2016.02
- Carrying out End to End (P2P) Procurement for Capital Items, consumable, MRO, spare parts, safety, Oils- lubricants, HR services, AMC etc.
- Receipt of proposal and evaluating proposal in terms of technical specification, Warranty, Service levels as per requirement.
- Generating Purchase order (PO) in SAP system and getting approval from dept. head as per authority matrix.
- Partner with key local business stakeholders to ensure source material and services meet needs of business.
- Ensuring availability of sufficient stock for Production and keeping track on safety stock to avoid production stoppage risk.
- Identifies and drives saving opportunities, consumption reduction and value engineering projects through negotiations.
- Developing new suppliers across PAN India who can bring value add to our organization.
- Follow up with supplier and ensure to meet delivery schedule against our POS.
- Maintaining proper and up to date records of all transactions.
- Verification of Invoice against PO and GRN Receipts.
- Follow up with finance team for on time payment and recording outstanding payment.
- Assures full alignment and implementation of master service agreements with all active suppliers.
- Assure strict adoption and implementation of all ethics and compliance regulations.
- Review and renew supplier contracts and Service Agreements, conduct legal reviews as assigned.
Education
Mechanical Engineering - Mechanical Engineering (Heat Power Specialization)
DPCOE
PUNE08.2016
Bachelor of Engineering - Mechanical Engineering
Shivaji University
Kolhapur05.2013
Skills
- Cost analysis (Zero base Costing/ ICE) and savings
- Vendor Developement, Supplier Relationship Management
- Decision-making capabilities
- Performance Improvements
- Supply chain Management
- Negotiations
- Global Sourcing Experience (Import from US, China, South Korea, Singapore)
- PO Creation, Spend Analysis, Inventory Management, Audits.
- Cost Saving Projects
- Advance MS Excel, Office, Power-BI working experience.
- ERP System (SAP MM HANA, M2M, Tally, e-procurement platforms)
- Lead auditor certified from Bureau of Veritas for IMS (ISO 9000,14000 & 45000)
- Team Management (Handled 4 people team)
- Purchasing and planning
Accomplishments
1. Lead Buyer for Green Field Project Set up of Forms and Surfaces India Pvt ltd.
2. Employee of the Year 2022 Award for Handling new responsibilities and Managing workload efficiently.
3.Key Contributor of the year 2020’ award for the inventory reduction, ERP effectiveness improvisation
4. Star Performer of the Year-2019’ award for the overcall work in the developments of procurement process
5. Eight times Employee of the Month Award between the year 2019 to 2023.
6. Performed 90% import material localization in Forms-Surfaces India Pvt ltd.
7. Awarded by Making the Difference for the key project executions in the year 2022.
8. Effective Implementation of the e-procurement platform.
9. SOP & Checklist preparation for critical Processes.
10. Successfully implement new procurement System, Resulting 20% reduction in procurement cycle time.
11. Supplier base optimization & cost saving activities through different purchasing practices.
Certification
- Certified Procurement Manager (Vskills)
- Material Requirement Planning (MRP) Strategies in SAP
- Effective Management of Supply chain Course - [Coursera]
- Global Sourcing Course from Udemy.
- Advance Excel Course from S-IT Skills
Languages
English
Advanced (C1)
Hindi
Advanced (C1)
Marathi
Advanced (C1)
Timeline
Deputy Manager
Epsilon Carbon Pvt Ltd
2024.01 - Current
Senior Purchase Executive
Forms And Surfaces India Pvt Ltd (US Based Co.)
2017.11 - 2024.01
Supply Chain Engineer
TATA MOTORS
2016.05 - 2017.11
Junior Purchase Engineer
Onyx Technology
2015.06 - 2016.02
Mechanical Engineering - Mechanical Engineering (Heat Power Specialization)
DPCOE
Bachelor of Engineering - Mechanical Engineering
Shivaji University
- Certified Procurement Manager (Vskills)
- Material Requirement Planning (MRP) Strategies in SAP
- Effective Management of Supply chain Course - [Coursera]
- Global Sourcing Course from Udemy.
- Advance Excel Course from S-IT Skills
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