VINEET RAVALUCHE
Pune
Summary
Senior Associate sourcing/Procurement bringing 11 years of Procurement, Strategic Sourcing, Contract/Vendor Management & MRO Proc. in Infra/projects (EPC)/IT Space’s/Engineering experience. Successful at managing Procurement Teams/process, documentation and providing operational and strategical support. Disciplined and organized professional with strong communication and planning abilities for further advancement as Sourcing/Procurement manager
Overview
12
12
years of professional experience
1
1
Certification
Work History
Senior Associate Sourcing
WNS GLOBAL SERVICES PVT. LTD.
Pune
09.2023 - Current
- Build trusting and meaningful relationships with multiple stakeholders, often at Director or Senior Director level Perform deep market analytics and research
- Collaborate closely with the wider S2P team to deliver tasks relating to assigned activity in a consistent and repeatable manner, with a clear focus on improving the end-to-end S2P process.
- Negotiate multi-million-dollar contracts (the average project budget is 200k - 5m eur) Lead and support the client's legal team in contract authoring and negotiation, including knowledge of standard contract structures and critical terms
- Provide sourcing support in terms of implement sourcing initiatives using a suite of advanced sourcing. Risk management, contracting, cost savings methodology, partner engagement
- Primary research and market analysis pages for a specific sourcing event for the relevant commodity or solution.
- Create a sourcing project record in the internal project management tool and collaborate with senior team members on project completion.
- Provide coordination support for resolving issues related to invoices and PO.
- ·Real estate experience in handling pre-construction activities across the IT Space/s (Ground up Construction, Fit-out etc, CAPEX/OPEX)
Strategic Sourcing Lead
GEP Solutions India Pvt ltd.
Navi Mumbai
05.2022 - 09.2023
- Supporting Category Managers with sourcing Event initiatives
- RFX Management and Execution: Analyzing Historical trends of the supplier spend, preparing RFQ's/RFP's and RFI's documents
- Analysis of Quotes, RFQ pricing analysis
- Commercial bid evaluation and comparison of bids received from Vendors
- Exposure to Non-Disclosure Agreement Contract, negotiate with supplier suggest changes
- Planned and structured follow-up with all stakeholders (including suppliers SLA Compliance & Process Compliance Bringing value through innovative thinking & Processor-Engineering
- Real estate experience in handling pre-construction activities across the IT Space/s (Ground up Construction, Fit-out etc, CAPEX/OPEX)
Assistant Procurement Manager
Gharpure Engineering and construction Pvt Ltd- UPL Subsidiary
Pune
05.2013 - 04.2022
- Develop strategies for procurement, strategic sourcing, supply enhancement and Team Management, For Electro-mechanical activities for different EPC Projects from overseas & Domestic Vendors, (Commodities purchased: Electrical and Mechanical and Civil equipment's/Material's which are required for EPC Projects)
- Generating MIS reports, Project control reports, cost control reports
- Ensure PR to PO conversion as per agreed SLA with business responsible for managing Information ( RFI ), Proposal ( RFP ) or Quotation ( RFQ )
- Serving as liaison between Procurement and Accounts Payable and ensuring a seamless end-to-end Procurement experience for key stakeholders
- Ensure timely deliveries of procured items, achieve invoicing as per target
- Negotiate sales/service agreements with selected vendors to get best value, and periodically revisit and renegotiate contracts for duration of business relationship Explore new ways of negotiation & procurement
- Coordination with Internal teams
- Ensure techno-commercial evaluation of received offers for cost breakdown and analysis, making comparative statements, on-time release of detailed engineering documents for client approval, to identify suitable vendors in line with best quality, target cost & time schedule
- Preparing material planning & release monthly material dispatch schedule to suppliers
- Expediting at vendor works to ensure supply of quality materials, addressing potential delays so that corrective actions are taken to minimize/manage delays/damages
- Adhering to costing & accounting rules & procedures with respect to purchasing in terms of pricing, process, and commercial terms
- Post Order Activities such as Tracking of all LC's and PBG, practicing effective communication and Control, managing contract changes, adhering to production, packaging and delivery requirement s, Prioritizing payment of vendors, release of retention's & Bank Guarantee's, Closure of contract etc
- Adhering in all P2P & S2P activities
- Arranging Inspection through client/TPI/Internal for various Electromechanical items and coordination
- Logistic: Arranging and managing transportation.
Material Controller & Procurement
KTR Couplings Pvt Ltd
Pune
07.2012 - 01.2013
- As graduate engineering trainee worked in Procurement function
Education
B.E: Mechanical Engineering -
SHIVAJI UNIVERSITY
06.2012
MBA -
University of Pune
Skills
- Strategic Sourcing
- Procurement expertise
- Excellent Negotiation & interpersonal skills
- Vendor Development/Management
- Master Data Management
- Multitasking Abilities
- Contract execution/renewal
- Team Management
- Manage stakeholder communication
- MIS Reports Development
- Preparing Reports
Certification
- Vocational Training/Project Final Year Plant Familiarization
- 5S Training at United Phosphorous Ltd.
- Training in corporate Supply Chain at ASM IBMR.
- Training of Soft & Professional Skills at United Phosphorous Ltd. Certification of 5S at GECPL HO.
- Certification in Catia V5.
Accomplishments
- Received the GEP Kudos Change Agent award.
- Implemented cost-saving initiatives that resulted in a significant reduction in procurement expenses.
- Established and maintained strong relationships with key suppliers, ensuring a steady and reliable supply chain.
- Implemented risk management strategies to mitigate potential supply chain disruptions.
- Achieved 100% on track procurement by completing Tasks with accuracy and efficiency.
- Secured all most contracts under given budget
- Mentored and trained junior procurement staff, contributing to their professional development and improved team performance.
Marital Status
Married
Personal Information
Date of Birth: 11/19/1990
Languages
- English, Bilingual or Proficient
- Marathi, Mother tongue
- Hindi, Bilingual or Proficient
Timeline
Senior Associate Sourcing
WNS GLOBAL SERVICES PVT. LTD.
09.2023 - Current
Strategic Sourcing Lead
GEP Solutions India Pvt ltd.
05.2022 - 09.2023
Assistant Procurement Manager
Gharpure Engineering and construction Pvt Ltd- UPL Subsidiary
05.2013 - 04.2022
Material Controller & Procurement
KTR Couplings Pvt Ltd
07.2012 - 01.2013
B.E: Mechanical Engineering -
SHIVAJI UNIVERSITY
MBA -
University of Pune
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