Vivek Sharma
Sourcing Manager
Roorkee,UT
Summary
Experienced Leader with a strong background in vendor development and procurement optimization at Genus Power Infrastructure Ltd., achieving a 30% cost reduction through strategic sourcing and improved capacity planning. Proven expertise in managing procurement for over 40 suppliers at M&M Ltd, driving new projects and implementing effective inventory policies. Recognized for leadership abilities, effective communication, and problem-solving skills, consistently guiding teams to meet complex project demands and align with organizational goals. Committed to leveraging extensive supply chain management experience to foster operational excellence and cost efficiency in a senior managerial role.
Overview
18
18
years of professional experience
1
1
Language
Work History
Manager
Genus Power Infrastructure Ltd.
09.2023 - Current
- Handled sourcing for Sheet Metal & Packaging parts related to Smart meter & Non-Smart Meter.
- Identifying & developing potential vendors locally & Nationally for the right - source selection and achieving cost effective purchase
- Ensure development of critical parts & enhanced capacity planning by 1.5% for upcoming year’s sheet metal and corrugation parts requirements through effective resource allocation.
- Evaluate quotations of various vendors/suppliers, undertake negotiations and raise the Purchase Order to the finalized vendor for procurement of material and services
- Conducted market analysis to identify cost-saving opportunities, achieving a 10% reduction in supplier costs
- Prepared detailed reports on departmental challenges and achievements, presenting findings to senior management.
- Led weekly team meetings to discuss targets, performance, and address any issues promptly.
- Improved operational systems, processes, and best practices to maximize output and minimize costs.
- Improved team efficiency by streamlining processes and implementing innovative management strategies.
- Identified areas for improvement within the department, implementing strategic initiatives to address gaps in performance or resources.
Asst Manager
Satyam Auto Component Pvt Ltd
12.2020 - 09.2023
- Responsible for scheduling and procurement of sheet metal, machining commodity parts for, Tractor & Truck Models.
- Ensure all plant sourcing for all categories of material is in alignment with overall budgeted cost for the plant
- Ensure timely procurement of all materials (RM, BOP, Consumables/other Indirect items) as per the schedule including logistics management for timely delivery
- Procure parts and follow up with suppliers and stores on daily basis to ensure components availability on time and are of required quality.
- Coordinate with PPC & Production to meet plan & Analyze weekly shortages and plan action accordingly.
- Ensure no loss of production due to shortage of bought out items.
- A Strategic planner with skill & implementing cost reduction measures to achieve savings in terms of material, procurement and logistics cost.
- Maintained optimum inventory levels in the supply chain.
- Ensure implementation of ECN’s as per plan through Pre-EN, and ensure zero obsolescence.
- Follow up with sourcing for new development parts and PO.
- Timely rejection replenishment on need basis.
- Quarterly material receipt reconciliation of supplies for making smooth SCM function.
- Monitor Supplier performance rating and provide feedback on half yearly basis.
- Team member for financial raw material inventory and finished goods inventory.
- Supply Chain management
Assistant Manager
Lohia Auto Industries
04.2014 - 12.2020
- Procurement of 40 plus suppliers & 400 plus parts of different category like Sheet Metal, Machining, Electrical Parts
- Taking Review of shortages with team members to avoid any production loss
- Structured the inventory policy and fixed Max / Min., reorder points, MOQ and safety stock level for each item
- Leading the new projects of E-3 Wheeler & e-2 Wheeler & its development & implementation.
- Involvement on Cost saving through supplier rationalizing
- Coordination with PPC & Production to meet Daily/weekly models wise plan.
- Negotiate with suppliers to minimize Raw material cost & transportation cost
- Defined Clear Targets & Objectives and communicate them to other team members
- Monitoring EN (Engineering Note Release) Implementation & to minimize obsolescence.
- Key responsibilities for ensure timely availability of material as per plan to avoid production loss.
- Monitoring Supplier performance rating and share feedback on monthly basis.
- Works Directly to CEO, CFO, Sales to effectively execute Supply Chin Responsibilities.
- Supply Chain management
Team Leader
Mahindra & Mahindra Ltd.
01.2008 - 04.2014
- Ensured buying activities (scheduling, follow up, bill of material matching, reconciliation) of all bought out items and IUTN parts.
- Responsible for scheduling and Procurement of Bolero, Alfa & Scorpio Parts at Mahindra & Mahindra Ltd. Haridwar.
- Scheduling and procurement of plastic molding, electrical & consumable commodity parts for Bolero, Scorpio and Alfa Models
- Successfully handled more than 190 parts & 15 suppliers.
- Planned one month firm schedule and three month tentative schedule for supplier as per production plan.
- Analyzed daily or weekly shortages and planned action accordingly.
- Monitored daily production plan vs actual and action plan for next day.
- Monitored EN (Engineering Note Release) Implementation & to minimize obsolescence.
- Worked in various projects like Bolero refresh model, Scorpio project at Haridwar.
- Worked on SRM (Supplier Relation Management) for smooth SCM Function.
- Supply Chain management
Education
Diploma - Mechanical Engineering
KL Polytechnic Roorkee
Roorkee, Uttrakhand10th Board - undefined
ABN School (CBSE)
RoorkeeSkills
Effective team player with leadership skills
Strong commitment to tasks
Effective collaboration skills
Strategic planning
Decision Making
Time Management
Accomplishments
- Mahindra Leap Award 'L1' for cost saving.
- Mahindra Leap Award 'L2' for exceptional work done in department.
- Cost saving associated with logistics, through localization of parts.
- Achieved monthly target of vehicles rolled out without any production over-runs.
- Key role in localization of parts resulting in reduction in costs for the company.
- Implemented kaizen in plant related Production, Quality & material supply.
On-the-Job Training Exposure
Analytical skills, APQP & PPAP, 5S, FMEA, Team Building skills.
Timeline
Manager
Genus Power Infrastructure Ltd.
09.2023 - Current
Asst Manager
Satyam Auto Component Pvt Ltd
12.2020 - 09.2023
Assistant Manager
Lohia Auto Industries
04.2014 - 12.2020
Team Leader
Mahindra & Mahindra Ltd.
01.2008 - 04.2014
10th Board - undefined
ABN School (CBSE)
Diploma - Mechanical Engineering
KL Polytechnic Roorkee