Vinod R
Chennai
Summary
Senior Procurement Manager with extensive experience at Schneider Electric India Pvt. Ltd., specializing in strategic procurement and vendor management. Achieved over 10% cost reduction through effective budget forecasting and negotiations. Proven ability to foster cross-functional collaboration, aligning procurement strategies with business objectives. Expertise in supply chain and inventory management enhances operational efficiency.
Overview
20
20
years of professional experience
Work History
Senior Procurement Manager
Schneider Electric India Pvt. Ltd.
Bangalore
01.2010 - Current
- Project Purchasing for Telecommunication Data Centre Setup and Infrastructure Business across India
- Generated reports and provided analytics on accounts payable to senior management, resulting in improved budget forecasting
- Developed a database of vendors and products to enable efficient and cost-effective procurement
- Developed a comprehensive budgeting system that enabled the company to track and monitor spending to ensure compliance with budgetary goals
- Consistent in achieving a Positive Gross Margin across all areas of Critical Data Centre projects
- Currently working in P2P (Procure to Pay) Module
- Negotiated supplier contracts that resulted in a 10-15% reduction in overall costs
- Resolved disputes with suppliers in a timely and cost-effective manner
- Collaborated with cross-functional teams to identify cost-saving opportunities and ensure alignment of supply chain activities with business objectives
Purchase Engineer
Sargam metals (India) Pvt.Ltd
Chennai
08.2004 - 04.2010
- Purchase Engineer for Auto Controlled DC Power Supply panels for Controlling Corrosion and Marine Growth in Indian Navy & Indian Coast Guard Ships
- Negotiated with vendors to secure the best purchase terms that resulted in significant cost savings
- Identified and resolved discrepancies between purchase orders, invoices, and shipments, preventing costly delays in payment
- Developed a system for organizing and tracking inventory to ensure that all items were consistently stocked and available for purchase
Purchase Executive
GE (General Electric) C & I India Industrial Pvt. Ltd
Bangalore
04.2008 - 01.2010
- Negotiated with vendors to secure the best purchase terms that resulted in significant cost savings
- Prepared and presented financial reports to executive management, providing insights that enabled informed decision-making
- Identified and resolved discrepancies between invoices and purchase orders, resulting in accurate payments
- Material Planning and Procurement for Bought out Items, Raw materials and Fabricated Items
- Partnered with executive leadership to develop a vision and mission that aligned with the company's long-term goals
- Developed and implemented streamlined procurement processes that reduced time-to-procurement by 5-10%
- Analyzed supply and demand trends to anticipate future needs, resulting in improved inventory management and reduced stock-outs
- Conducted market research to identify new suppliers and negotiate better pricing, resulting in cost reduction
Education
B-Tech - Electrical Engineering
RVD University
Chennai04.2011
Skills
- Strategic Procurement and Vendor Management
- Budget Forecasting and Cost Optimization
- Regulatory Compliance (EU Regulations)
Key Competencies
- Cross-functional collaboration and stakeholder engagement
- Supply Chain and Inventory Management
- Procure-to-Pay (P2P) Process Expertise
- Market Analysis, Vendor Negotiation, and Contract Negotiation
Accomplishments
Key Achievements
- Consistently achieved a positive gross margin across critical data center projects.
- Negotiated contracts resulting in a 10-15% reduction in procurement costs.
- Procurement Optimization: Developed streamlined procurement processes, achieving a reduction in time-to-procurement by up to 10%
- Built a robust vendor database that enhanced cost efficiency and procurement decision-making.
- Enabled accurate financial tracking and compliance through comprehensive budgeting systems.
- Spearheaded market research initiatives, identifying suppliers that reduced costs and improved inventory management.
Hobbies and Interests
- Football, Team Sport
- Global Travel Experience
Languages
- English
- Hindi
- Tamil
Timeline
Senior Procurement Manager
Schneider Electric India Pvt. Ltd.
01.2010 - Current
Purchase Executive
GE (General Electric) C & I India Industrial Pvt. Ltd
04.2008 - 01.2010
Purchase Engineer
Sargam metals (India) Pvt.Ltd
08.2004 - 04.2010
B-Tech - Electrical Engineering
RVD University
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