Vivek Kumar
Procurement Manager
Ahmedabad,GJ
Summary
Procurement professional with 12+yrs of industrial experience in 2 big MNC, ADANI Ltd.& VEDANTA Ltd. Equipped to drive results through strategic sourcing and vendor management. Skilled in contract negotiation, cost reduction, and inventory management, with keen ability to align procurement strategies with business objectives. Recognized for reliability, vendor management and results-driven mindset.
Overview
12
12
years of professional experience
Work History
Procurement Buyer
Vedanta Limited
Jharsuguda
02.2019 - Current
- Managed approximately INR 0.50 Billion spent through techno-commercial feasibility analysis & opportunity assessment.
- Achieved high cost optimization by using Strategic negotiation techniques. Commodities managed are raw material like pig iron/FeMn/FeSi, Hoses, Chemicals, Plastic, Resins & Industrial cloths, Admin items and Safety items.
- Sourcing Minor Metal and Carbon Plant Raw Material from China, Brazil, Europe involving in custom duty payments through license, provide Indemnity Bond to Liners, timely delivery of empty containers to Liners and be a part of complete supply chain professional by working with CHA team very closely through provide various documents like NFMIMS, IBD, SIMS, POA and provide relevant documents to liners and suppliers related to SEZ unit, clear DTA unit import materials through EPCG and TPS license scheme.
- Acted as SPOC for indigenization of import items, rate analysis and Procure to Pay cycle. Achieved 20% reduction in procurement cost by developing new domestic vendors for imported spares.
- Collaborated with internal departments to determine purchasing requirements & thus reducing PR to PO cycle time to 45 days leading to reduction in inventory cost by 20%.
- Liaising with finance team for timely payment of vendors invoice thus maintaining excellent relationship with vendors resulting in better negotiation in future procurement & timely delivery of orders.
- Maintaining MIS reports & audit data for all purchasing.
Lead Planner
Vedanta limited
Jharsuguda
04.2017 - 01.2019
- Developed MIS reports of nearly 6000 items for day-to-day inventory management & to provide management with comprehensive data on inventory levels.
- Liaising with the Commercial buyer for PO creation & coordinating with Vendor to ensure timely arrival of inventory & ensuring vendor payment.
- Material Code Creation of 500 new items in MDRM / PiLog portal after carefully examining the drawings & collecting technical data of material.
- Worked effectively with suppliers to resolve shipment issues, damaged materials and shortages.
- Analyzed inventory trends to identify and prepare for potential issues and discrepancies.
Mechanical Maintenance Engineer
Vedanta Limited
Jharsuguda
10.2013 - 03.2017
- Lead project commissioning & maintenance of Hydraulic & Pneumatic System, Hot Rolling Mill, Refractory Furnace, EOT cranes, Pumps & Compressors.
- Monitored & formulated strategic plans to improve the performance of the plant in 12 module frameworks of Asset Optimization module.
- Oversaw team of 10 employees, conducting regular performance evaluations and providing opportunities for professional growth.
- Led 6-Sigma project on reducing "Ingot rejection percentage from 4-5% to less than 1%" and thus increasing machine efficiency from 85% to 100%.
- Development of pneumatic system for liquid-Al launder thus eliminating molten metal hazard & reducing accidents by 100% by enforcing strict safety standards.
- Performed troubleshooting, diagnosis, and repairing by implementing process like Root Cause Analysis, Condition appraisal, PM & CBM module for maintenance system improvement.
- Created monthly Maintenance Schedule to meet business plan. Created MIS report to share with management for operational analysis.
- Managed & monitored inventory of 50 critical items to shorten MTTR of maintenance.
- Developed & Established maintenance protocols to deliver reliable service by developing CLT checklist, PM checklist, pre-operation checklist, SMP & HIRADeC.
- Dept. Audit coordinator for IMS & VSAP (Vedanta Sustainability Assurance Program)
Education
Bachelor of Technology - Production & Industrial Engineering
National Institute of Technology (MANIT)-Bhopal
Bhopal04.2013
Skills
- Strategic Planning & Negotiation skill
- Multitasking Strengths
- Vendor Relationship
- Purchasing Expertise
- Materials Sourcing
- Verbal and Written Communication skill
- Auction & Bid coordination
- Advanced skill with MS Excel,SAP ARIBA & SAP HANA MM Module
Accomplishments
- Earned “CEO-Kitty award” in 2019 for indigenization & alternate vendor development resulting is an annual saving of INR 8.6M/yr.
- Rewarded "Innovative employee of the month" award for the modification of pneumatic circuit resulting in a saving of INR 32lakhs/yr.
Languages
Hindi
Bilingual or Proficient (C2)
English
Bilingual or Proficient (C2)
Bhojpuri
Advanced (C1)
Odia
Intermediate (B1)
Timeline
Procurement Buyer
Vedanta Limited
02.2019 - Current
Lead Planner
Vedanta limited
04.2017 - 01.2019
Mechanical Maintenance Engineer
Vedanta Limited
10.2013 - 03.2017
Bachelor of Technology - Production & Industrial Engineering
National Institute of Technology (MANIT)-Bhopal