Ajith Kumar K Email & Phone Number

Bengaluru, Ka, In

Bangalore

Leading semiconductor company designs develops, and licenses high-speed chip-to-chip interface technology ♣ Deliver and exceed year-over-year cost-saving objectives by at least 50%.♣ Partner with internal business owners, Finance and Legal to negotiate contracts with suppliers often under stringent timelines. Main focus on IT, Travel, Design Services, Engineering related software, Licenses and hardware spending. ♣ Develop and execute Procurement strategies and policies aligned with company direction. ♣ Drive total cost ownership and overall value management for the supplier category.♣ Maintain SOX and purchase order compliance controls for all transactions and workflows within ERP. ♣ Identify and drive continuous improvement of workflow and processes. ♣ Develop and lead business review process as part of supplier management with key suppliers. ♣ Manage global travel program and develop and enforce global travel policy.

Bengaluru, Karnataka, India

Leading aerospace company designs and builds highly engineered products for Automotive, Aeronautic, Hydraulic and Security applications.• Implementation of Procurement Process for Indirect Procurement inline to Global Standards. • Performed as Project Manager for New Plant Construction & Line Setup. • Worked as a Safety Officer. Implemented Safe Working Environment.• Worked as a Core Team Member for EMS 14001:2015 Audit.• Planning Capital Investments & Cash flow mapping with the Finance Team.• Responsible for managing RFI, RFP and RFQ processes for Indirect Procurement.• Performed as Team Leader for the Indirect Procurement Team.• Identification of Suppliers and Sending RFQ, Analyzing the Offers, Negotiation, and Supplier Finalization. • Preparing Strategies, Sourcing Plans & Finalization Plans for Large Capital Investments.• Monitoring the project schedules and presentations to Top Management on a frequent basis.• Resolving the Price, delivery, and payment issues of suppliers.• Providing alternative Sources and solutions, updating the new arrivals to users.• Carrying out contract reviews for the existing contracts with suppliers.• Monitoring Supplier Performance / Supplier rating, and handling Supplier quality issues.• Preparation and presentation of Business case for the projects, ROI, Break-even, Cost-Benefit Analysis, and Spend Analysis.• Achieving Cost Reduction through negotiation and alternative sourcing and meeting the company goals.• Keeping track of the latest happening with suppliers and competitors.• Balancing Supplier business with multiple sourcing.

Bengaluru Area, India

Leading automobile company manufactures Trucks & Buses.• Responsible for managing RFI, RFP and RFQ processes for Indirect Procurement.• Identification of Suppliers and Sending RFQ, Analyzing the Offers, Negotiation, and Supplier Finalization.• Implementation of Purchasing Processes and procedures in line with global standards.• Monitoring the project schedules and escalating the issues to Top Management.• Resolving the Price, delivery and payment issues of suppliers.• Providing alternative Sources and solutions, updating the new arrivals to users.• Accountable for establishing project management framework for outsourced projects.• Carrying out contract reviews for the existing contracts with suppliers.• Co-coordinating with patent company buyers to localize the Raw Materials.• Preparing and presenting the monthly reports to head office.• Achieving Cost Reduction through Alternative sourcing and meeting the company goals.• Preparing contracts and reviewing the contracts on a periodical basis.• Keeping track of the latest happening with suppliers and competitors• Assessing the performance of the vendors based on various criteria such as percentage for rejections, quality improvement rate, timely delivery, credit terms, etc.• Overseeing follow-up with vendors for deliverables, quality checks & ensuring timely payments.• Business case for the projects, ROI, Break-even, Cost-Benefit Analysis, and Spend Analysis for India.• Designing strategies for indigenizing products thus saving cost and revenue for the company• System improvements and monitoring of the implemented systems.• Implementation of Axapta ERP System for the purchase process.• Coordinating with internal and external customers.• Establish Visual Controls in Office

Bengaluru Area, India

Leading automobile company manufactures passenger cars.• Played as Leader for a Small Car Project• Member for Oracle EBS implementation for Purchase Process• Manage Supplier Identification and Assessment• Preparing RFQs, Analyzing the Offers, negotiation, and supplier finalization.• Preparing Tenders and finalizing the Tenders for Project.• Tracking the Project Schedules and aligning the delays to the project schedules.• Adept at ensuring optimum inventory levels to achieve maximum cost savings without hampering the operations.• Developed business case and delivered the savings as forecasted.• Establish Long Term Agreements with Suppliers• Drafted transition reports, overlap, buffer burn down and full transition.• Conducted training for suppliers.• Attended strategic meetings with key customers (internal) and suppliers for future growth opportunities.• Collaborated with suppliers to close the gaps in quality, technical and special processes. • Implemented weekly metrics for weekly highlights and shipments.• Developed Supplier Identification Standard Work and supporting the team to develop Transition Standard Work• Conducted ERP end-user training.• Data migration from PeopleSoft to Oracle EBS• Demonstrated analytical skills with proven expertise in communication and relationship management.

Bachelor Of Commerce (Accountancy; Mba, Taxation, Business Studies; Material Management

with Distinction. Aggregate 70%. Under Graduation

Post Graduation (Mba); Mba, Finance; Materials Management, First Class

MBA - Finance

Sdm College Ujire, B.Com

High School Education