Summary
Overview
Work History
Education
Skills
Certification
Languages
Hobbies and Interests
Accomplishments
Extracurricular Activities
Affiliations
BUSINESS AREA
Timeline
Generic
VIPUL RAMGOPAL LOHIA

VIPUL RAMGOPAL LOHIA

Thane

Summary

Dynamic procurement leader with a proven track record at Sunteck Realty Ltd., specializing in strategic sourcing and vendor development. Achieved over 1000 Crores in purchases while enhancing operational efficiency through SAP implementation. Adept at negotiating favorable terms and fostering strong vendor relationships, driving significant cost savings and project success.

Overview

18
18
years of professional experience
1
1
Certification

Work History

General Manager – Procurement

Sunteck Realty Ltd.
11.2018 - Current
  • Company Overview: Sunteck Realty, a premier real estate company listed on the BSE and NSE, is celebrated for its extensive portfolio of projects across Mumbai's central and western lines, including big-size developments that are each more than 100 acres. Renowned for specializing in premium landmark projects like the acclaimed Signature series in the prestigious Bandra Kurla Complex, Sunteck Realty stands as a symbol of luxury and exclusivity.
  • Promoted to: General Manager – Procurement (From Oct. 2023 to Till Date)
  • Promoted to: Deputy General Manager – Procurement (From Nov. 2021 to Oct 2023)
  • Earlier Designation: Assistant General Manager - Procurement (From Nov. 2019 to Oct 2021)
  • Reporting to: Head Purchase
  • Responsibilities:
  • Transitioned to overseeing a centralized procurement department, managing purchases across all departments including admin, marketing, and facilities, further streamlining processes and achieving cost efficiencies.
  • We've launched a groundbreaking pilot project at Vasai, setting a new industry standard by offering projects entirely on a labor basis, while we assume full responsibility for procuring all required materials and machinery. This innovative approach enables us to achieve unparalleled accuracy in quality control and adherence to project timelines, thereby elevating efficiency and optimizing costs in project delivery.
  • Enhanced vendor partnerships and internal collaboration, ensuring procurement strategies align with organizational goals and project requirements.
  • Specialized & Strategic Procurement of Steel, RMC, Cement, Structural Steel. Finalization of RMC Captive plant for 2 Large size Projects.
  • Handling all the products related to Civil, MEP, Finishing, Etc.
  • Pivotal in SAP procurement implementation, enhancing efficiency and streamlining operations through expert system customization and process optimization.
  • Managing a wide array of products including CP & Sanitary fittings, Doors & Frames, Plumbing, MEP items, Stainless Steel sinks, Door Fittings, General Hardware, Electricals, Security systems, FAPA, Ventilation systems, and Air Conditioners.
  • Ensuring smooth coordination with sites for timely material supply, facilitating seamless project execution.
  • Proactively updating the Vendor Master and enhancing the current ERP System to meet evolving business needs.
  • Achieved a milestone of 100 Crores in purchases during FY 2020-21, despite the challenges of Covid-19.
  • Successfully managed purchases exceeding 1000 Crores over the last 5 years.
  • Overseeing more than 12 live projects, including show flats, experience centers, and rented apartments.
  • Grew the management team from 5 to 11 members since joining in 2018, demonstrating strong leadership and team expansion capabilities.

Sr. Manager

Runwal developers
10.2011 - 11.2018
  • Company Overview: Runwal developers are having projects both at central line & western line, & having more than a dozen Projects on hand in Mumbai
  • Purchase Reporting to: Head Commercial
  • Responsibilities:
  • Strategic Procurement of items viz CP.& Sanitary fittings, Doors & Frames, Plumbing, MEP related items, Stainless Steel sink, General Hardware, Electrical items, Security systems, FAPA, Ventilation systems, Air Conditioners, etc
  • Coordination with various sites for material supply for smooth running of all the projects.
  • New Vendor development
  • Average monthly requirement is around 30 crore. Consisting of 10 ongoing projects, 3 Malls
  • Team size is 5 members

Purchase Manager

Siddhi real estate developers
12.2009 - 10.2011
  • Company Overview: They are developers based out at thane having 4 residential & 1 commercial –Mall project.
  • Reporting to: Managing Director
  • Responsibilities:
  • Strategic procurement of all building related items included General hardware, Electrical items, tiles, marbles ,MEP related etc
  • Receiving the indents & converting to Purchase orders which includes comparative analysis from the approved vendors, getting approval from Head to the deliveries was my responsibility.
  • Average monthly procurement was 2-3 crore

HSBC bank ltd, Fort branch
05.2009 - 07.2009
  • I completed a 3-month internship in the Wealth Management department, focusing on Insurance and Investment. This experience provided me with a foundational understanding of financial strategies, client portfolio management, and the intricacies of insurance and investment products. My role allowed me to engage with key aspects of wealth management, honing my analytical skills and enhancing my ability to contribute to financial planning and advisory services.

Officer

Kay Pee Steel Corporation, Goregaon, Mumbai
05.2007 - 05.2008
  • Reporting to: Proprietor
  • Responsibilities:
  • Shouldered the responsibility of procurement of steel & handling accounts
  • Ensuring timely deliveries of steel to the clients
  • Analyzing the steel market for end to end solution.
  • Contacting the manufacturers to get the best pricing.

Education

MMS - Finance

Smt K.G.Mittal Institute of Management, Research & IT, Mumbai University
01.2010

B.Com -

N.K.T.T.college
Thane
01.2007

Skills

  • Procurement / Sourcing
  • Identifying, developing, and maintaining a vendor base for obtaining timely procurement of materials at favorable terms to ensure smooth manufacturing operations
  • Preparing purchase schedules for the timely procurement of materials and capital equipment to ensure the smooth execution of projects
  • Inviting offers from vendors and contractors as per BOM, evaluating techno-commercially, and awarding purchase orders after negotiation
  • Ascertaining material requirements, identifying, and developing a reliable vendor base in the local and overseas markets for the procurement of materials and spares
  • Developing sound sourcing strategies to minimize total cost of Acquisition of direct materials
  • Releasing supply schedules regularly to vendors to ensure on time deliveries
  • Formulating MIS reports related to material management, cost savings, and presenting them to top management for facilitating the decision-making process
  • Materials management
  • Efficiently managing the inventory projections to ensure the ready availability of materials, as per site requirements
  • Material procurement & purchase planning, ensuring continuous supply at optimum costs
  • Formulating MIS reports for facilitating decision-making by the top management
  • Inventory Management
  • Governing the inventory function so as to curtail inventory-holding expenses and adherence to the minimum inventory level to minimize wastage
  • Cost Saving Initiatives
  • Implementing inventory control measures to reduce obsolete stock keep tab on slow-moving items and achieve reduction in inventory management cost
  • Vendor Development
  • Identifying and developing a dedicated and alternate vendor source for fast moving items, achieving cost- effective purchases of raw materials and reduction in delivery time
  • Assessing the performance of the vendors based on various criteria such as percentage of rejections, quality improvement rate, timely delivery, and credit terms
  • Making follow-up with vendors for timely deliveries and quality checks as well as ensuring timely payments
  • Strengthening existing vendor source & developing alternate suppliers
  • Negotiating & assessing the performance of the vendors based on various criteria such as prices, quality improvement rate, timely delivery, credit terms etc

Certification

NSE Capital Market Module

Languages

English, Hindi, Marathi, Marwari

Hobbies and Interests

Captained College Cricket team for 3 Years., Played Table – Tennis for School & College teams, Played Cricket for School, Vijay Indap Academy & Nadkurni Club (Thane)., Listening Music, playing cricket.

Accomplishments

Awarded Star Employee of the Year 2013-14 by Runwal Group.

Extracurricular Activities

Handled the Social event “Sunteck Waves” in 2023. Handled MCHI exhibition held in the year 2010 & 2011 at Thane. Merit award in SASMIRA for securing 2nd Rank in Man Made Weaving (Textiles) (64% Aggregate) 1st prize in Table Tennis in Inter College Competition Table Tennis Champion for 5 Years in College Passed NSE Capital Market (Dealers) Module Exam (55.75%) Won doubles Table Tennis in Inter College Competition at I.E.S Bandra.

Affiliations

Member of Indian Institute of Material Management

BUSINESS AREA

Procurement/Vendor development/Supply chain

Timeline

General Manager – Procurement

Sunteck Realty Ltd.
11.2018 - Current

Sr. Manager

Runwal developers
10.2011 - 11.2018

Purchase Manager

Siddhi real estate developers
12.2009 - 10.2011

HSBC bank ltd, Fort branch
05.2009 - 07.2009

Officer

Kay Pee Steel Corporation, Goregaon, Mumbai
05.2007 - 05.2008

MMS - Finance

Smt K.G.Mittal Institute of Management, Research & IT, Mumbai University

B.Com -

N.K.T.T.college

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VIPUL RAMGOPAL LOHIA