Yashaswini HM
Bangalore
Summary
Highly experienced, skilled and results-oriented Procurement professional with over 12 years of experience and a proven track record of implementing strategic procurement initiatives that drive cost savings, sourcing, purchasing and supplier performance improvements. Successfully negotiated contracts with key suppliers, achieving significant cost savings and mitigating risks. Adept at streamlining procurement processes, implementing technology solutions, and leading cross-functional teams to deliver exceptional results.
Overview
12
12
years of professional experience
Work History
Senior Process Lead
Infosys
Bangalore
02.2022 - Current
- Overseen 5 business units and handled demand and supply planning, forecasting, inventory, and business planning.
- Collaboration with Global Engineering Team, Global plants and Global suppliers to achieve cost competitive purchasing within stipulated timeline, with good quality.
- Implemented a catalogue base procurement technology and streamlining procurement processes results in reducing manual work by 40%, resulting in improved efficiency and time savings.
- Ensure procurement activities comply with corporate policy and procedures.
- Manage the procurement function of subsidiary companies and review existing company contracts agreements in line with SLA’s and negotiated contract terms and revisions with vendors.
- Prepared daily, weekly, and monthly procurement reports for the national operations meeting.
- Planned and purchased high-value Capital equipment · Provision of superior supplier options for all Fleet Capex good requests and seeking cost savings through competitive quoting with supporting detail and documentary evidence within agreed KPIs.
- Prepares source selections, issues RFI/RFP/RFQs, evaluates proposals, prepares price analyses, performs market research, negotiates terms, recommends, and selects suppliers for award.
- Analyzed and reported on procurement data and cost savings initiatives.
Senior Engineer Contracts Procurement
Katerra
Bangalore
03.2020 - 01.2022
- Develop and execute strategies for the procurement of goods and services.
- Manage procurement process from beginning to end, including defining requirements, issues RFI/RFP/RFQs , evaluates proposals, prepares price analyses, performs market research creating purchase orders, and negotiating contracts.
- Managing the onboarding process for new vendor and conducting all relevant checks in line with Group policy
- Release of purchase orders, obtain supplier acknowledgements and ensure incorporation of contractual requirements.
- Conduct market research to stay up to date on market trends and cost savings opportunities.
- Verify all invoices against POs for unit price accuracy within receipt from Accounts Payable.
- Manage vendors to include establishing periodic meetings to review service performance and execute any corrective action steps for low performance.
Procurement Executive
Akash Enterprises
Bangalore
01.2014 - 02.2020
- Responsible for Creation of Master data Such as Material Master, Vendor Master, Purchase Info record, Source List.
- Involved in material management, warehouse management, and logistic execution system.
- Issuing requests for quote and Analyzes supply base in order to select the most suitable suppliers who are able to deliver high quality products and competitive pricing.
- Review planned orders, create requisitions for purchased items, and manage approval process.
- Transmits and prioritizes approved Purchase Orders and supporting documents to supplier.
- Coordinate movement of all purchased materials from suppliers and address any supply/supplier issues.
- Develop relationships with logistics vendors and work with vendor manager and warehouse operations manager to establish operations requirements.
Procurement Executive
Micron Engineering Enterprises
Bangalore
10.2012 - 09.2013
- Performs complex buying strategies to purchase project specific supplies and materials by issuing purchase orders to approved suppliers to obtain materials at the lowest cost consistent with quality reliability and urgency of need.
- Confirms contractual pricing and notifies Contract Analysts of pricing discrepancies or expired agreements.
- Analyze MRP requirements on a daily basis, issue RFQ's and follow the process through to order placement.
- Generate purchase orders for materials, finished goods, freight, and other material requirements as needed.
- Reviews, updates, and maintains purchase orders until they are closed.
Electrical Engineer - Projects
Vasuki Power Systems
Bangalore
09.2011 - 06.2012
- Preparation of indents and materials requisition for the materials to the projects.
- Floating a Tender & Quotation for the new projects.
- Enquiries for the rates of materials required for the projects.
- Negotiation for the rate of materials for the best price.
- Reviewed and issued contracts and blanket purchase orders after choosing ideal vendor and drive procurement process.
Education
Bachelor of Engineering - Electrical And Electronics Engineering
GSSS Institute of Technology
Mysore, Karnataka, India05.2011
Technical Diploma - Electrical And Electronics Engineering
Smt. L.V. Polytechnic
Hassan, Karnataka, India04.2008
Skills
- Strategic procurement planning
- Contract negotiation
- Supplier relationship management
- Inventory management
- Cost analysis and cost-saving strategies
- Supplier sourcing and onboarding
- Procurement technology utilization
- Compliance with industry regulations
- Risk mitigation in procurement
- Team leadership and development
- Procurement policy development and implementation
- Supplier diversity management
- Time management and Problem-solving skills
- Data analysis and interpretation
- Project management
- Ethical sourcing practices
- Understanding of global supply chain management
- Ability to work under pressure and meet deadlines
- Excellent communication and decision-making skills
- Adaptability and flexibility in a changing market
Achievements, Certifications and Trainings
- Individual Extra Mile award for Worked successfully in MRO Category for SEAA cluster.
- Certificate of achievement for successfully passing cyber security fundamentals.
- Dexler SAP Authorized SAP MM Power user certification Program. Certificate No: BP0001373.
- P2P T300 sourcing n procurement certification
- S2C T300 Source to Contract certification
- 3M process management training program
- Digital transformation training program
- Milestone 4.0edge training program
- Operational management 4.0 training program
Timeline
Senior Process Lead
Infosys
02.2022 - Current
Senior Engineer Contracts Procurement
Katerra
03.2020 - 01.2022
Procurement Executive
Akash Enterprises
01.2014 - 02.2020
Procurement Executive
Micron Engineering Enterprises
10.2012 - 09.2013
Electrical Engineer - Projects
Vasuki Power Systems
09.2011 - 06.2012
Bachelor of Engineering - Electrical And Electronics Engineering
GSSS Institute of Technology
Technical Diploma - Electrical And Electronics Engineering
Smt. L.V. Polytechnic
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