Ankit Kumar

Ankit Kumar Email and Phone Number

B. Eng., MBA | CAPP® ★ Sourcing Manager at Nefab Canada @ Nefab
sweden
Ankit Kumar's Location
Mississauga, Ontario, Canada, Canada
About Ankit Kumar

Highly accomplished procurement professional with 10+ years of experience in manufacturing and construction industries. Demonstrated success in developing and executing sustainable sourcing strategies, optimizing engineering design, materials, and process selection. Proven record of establishing strategic supplier relationships, achieving significant cost savings, and driving revenue growth. Excel at collaborating with cross-functional teams, enhancing stakeholder communication, and improving project efficiency. Outstanding ability to adjust purchasing decisions to maximize sales and profit margins and minimize on-site inventory. I have worked with some of the world's best companies and gained irreplaceable experience through these associations.Specialties: Strategic Sourcing, Project Management, Supply Chain Planning, Commercial and Contract Negotiations, Cost Savings and Value Analysis, Logistics, Business Development, Teamwork, MentoringIndustries worked in: Construction, Aerospace, Packaging & Container Manufacturing

Ankit Kumar's Current Company Details
Nefab

Nefab

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B. Eng., MBA | CAPP® ★ Sourcing Manager at Nefab Canada
sweden
Website:
nefab.com
Employees:
1061
Ankit Kumar Work Experience Details
  • Nefab
    Regional Sourcing Manager
    Nefab Aug 2019 - Present
    Mississauga, Ontario
    Proactive procurement specialist with a strong knowledge of the packaging industry. Responsible for securing raw-material, sub-components, finished goods, and indirect procurement. Developed and executed sustainable multi-material sourcing strategies. Optimized engineering design, materials, and process selection. Benchmarked the packaging industry to drive lowest cost, industry leading quality, and continuity of predictable supply. Coordinated with the global sourcing community and stakeholders on market trends, price situation, raw material shortages, and important market changes.• Established strategic supplier relationships to develop effective low-cost solutions and negotiate win-win agreements. • Slashed monthly inventory by $500,000 while avoiding customer shortages and backorders.• Increased sales by 15% by onboarding new suppliers and adding 10 new products to company’s portfolio.• Saved $1.5 million by restructuring and negotiating firm vendor contracts.• Boosted revenues by $2 million through expertise in analyzing market trends and proactive purchasing.• Consistently achieved 92% supplier on-time delivery, which was acknowledged company wide.• Reduced dead stock by 12% through effective internal/external communication and persuasive follow-up.• Led vendor managed inventory (VMI) programs, raw material supply agreements, and total cost reduction programs to ensure the lowest possible total cost, including product cost, transport cost, inventory cost, and cost of quality.• Formulated contingency plans to de-risk technical challenges, long lead time, and single source supply issues. • Industrial packaging products and services that I deal with include Corrugated Boxes, Protective Foam Fitments, Returnable Steel Racks, Plywood Crates, Pallets, Plastic Bins, Bulk Containers, Thermoformed Cushioning, Plastic Corrugated Dunnage, Corrosion Prevention Solutions, LDPE, HDPE Packaging Products, Anti-Static Packaging, Wrapping and Strapping Solutions.
  • Bombardier
    Supply Chain & Procurement Intern - Fmp
    Bombardier Jan 2019 - Jul 2019
    Montreal, Canada Area
    • Assist in strategic procurement practices by collecting and analyzing supplier data• Support cost reduction initiatives involving negotiations with external and internal stakeholders• Track KPI’s, measure and report supply chain performance and evaluate vendor operations
  • Bombardier
    Pricing Analyst And Business Development Intern
    Bombardier May 2018 - Dec 2018
    Montreal, Canada Area
    • Work with senior management and leadership to support strategic alignment of the projects with the organization growth objectives.• Conduct financial analysis for new initiatives, develop business cases to test feasibility, market potential, ROI and alignment to organization objectives.• Ensuring the required rigor through strong governance and coordination, structure and alignment with supporting functions (Finance, IT, Legal) and other areas of the business.• Implement a transformation methodology focused on achieving a step change in financial performance, customer satisfaction and organizational culture. • Manage stakeholder engagement, drive accountability across multiple levels within the organization.
  • Boeing
    Facilities Project Administrator
    Boeing Nov 2013 - Aug 2017
    Hindan, Ghaziabad
    Project – Construction of Facilities to include the Supply and Engine Storage Warehouse, Squadron Operation / AMU, the Two-Hangar Facility, AGE and Vehicle Maintenance Facility, Parachute Packing and Rigging with Breezeway Structure, Training Facility with Breezeway Structure, Ramps and Taxiway in support of the Construction of the C-17 Beddown Facilities to support 10 C-17 Globemaster III Aircraft. This $350M project is spread in 160 acres with 2,000 workers.Reviewed and coordinated all infrastructure services for the projects to include the following: External drainage systems – Storm and Surface water, Potable water, Firefighting systems, Irrigation systems, Sewer systems, Street lighting, Construction of concrete pavements, asphalt roads and highways.Involved in Design Review, Specification Developments, Bench-marking for performance requirements, Execution Plans & Strategy to control activities throughout the project life cycle to avoid delays & cost overrun.Consolidated the impact of approved changes and any deviations from the key project targets and milestones, including productivity monitoring and “What if scenarios” to aid project management decision-making.Collaborated with the Client (US Army) and the contractor and implemented quality control measures such as checklists, preparatory meetings, and sunrise/sunset meetings with the contractors reducing rejection rate from 13% to 1%.Contributed to the development of contract strategies documents. Ensured that all contract key dates and milestones align with the overall integrated plan. Reviewed contract drawings and identified proposed deviations from the contract requirements; reviewed and approved the contractor`s value engineering change proposals.Earned excellent appraisal rating last year; received appreciation certificates from Boeing Management & US Army Corps of Engineers for leadership and demonstrated excellence in executing quality control.
  • Larsen & Toubro
    Senior Engineer
    Larsen & Toubro Mar 2013 - Aug 2013
    C17 Infrastructure Facilities, Hindan Indian Air Force Station, Ghaziabad, India
    Project - Design and Construction of bed-down infrastructure facilities for C-17 Aircraft at Hindan (Contractor to Boeing India) Supervised the quality control function of the contractor and on-field quality control processes. Spearheaded and successfully implemented the Three-phase QC control system, identifying and tracking QC and QA deficiencies. Resolved technical issues interacting with client’s management and successfully closed 96 out of 115 deficiencies.Managed resources and manpower efficiently, helped achieve the daily target of 1000 m3. Accelerated sequence of construction of the Apron and Taxiway to finish construction and successfully handover in 22 months (saved 10% time).Advised the project manager on construction material costs and quantity calculations. Strategically planned the use of resources and materials, reducing excessive costs and generated cost savings worth $2M.Evaluated and verified $27M monthly payment invoices and claims ensuring project cash flows to subcontractorLed a team of 5 junior engineers to ensure timely accomplishment by facilitating diverse in-and-out house stakeholders.
  • Larsen & Toubro
    Quality Control Engineer
    Larsen & Toubro Nov 2012 - Mar 2013
    Wonder Cement Plant, Nimbahera, Rajasthan, India.
    Project – Construct cement plant of 3.25M tpa, a $12M project built in record time of 18 months. Investigated a case to release payments of $20M USD and resolved by analyzing data. Successfully negotiated with the client to release 75% of payments on hold. Mentored two technicians to synthesize information to increase efficiency by 3X. Led slip-form technology for building 57 meter cylindrical cement plant chimney, leading to shortening of construction time by 50%, assuring high quality of work and resulting in savings in materials, costs and labor of $1.5M.Maintained communication with the client and negotiated changes in the contract as necessary to ensure that the work is completed to the specification and quality required, on time and within budget.Prepared periodic reports summarizing progress of construction activities. Monitored costs and liaised with the client.
  • B.E.Billimoria & Co Ltd.
    Civil Engineer
    B.E.Billimoria & Co Ltd. Jun 2011 - Oct 2012
    Supertech North Eye, Sector-74, Noida.
    India's leading high-rise specialist contractors with leading and diversified firms of Civil Engineering Construction Contractors. Part of team to construct the tallest residential project in north India, 66 floors (273 metres), $73 million project.Trained in Quality Auditing & compliance, implemented Integrated Management System. Prepared integrated QMS/EMS/OHSAS Manual and documenting procedures required by ISO 9000 / ISO 14000 and OHSAS 18000 standards.Constructed colony for 100+ labors. Worked with minimal resources to complete project in 3 months, saved 25% of time.Oversaw quality control, site security, health and safety. Led a team of 3 technicians and 16 workers to lead QA/QC department resulting in 90% customer satisfactionChecked plans, drawings and quantities for accuracy of calculations. Ensuring all materials used and work performed are as per specifications. Overseeing the selection and requisition of materials and ready mix plant.

Ankit Kumar Education Details

Frequently Asked Questions about Ankit Kumar

What company does Ankit Kumar work for?

Ankit Kumar works for Nefab

What is Ankit Kumar's role at the current company?

Ankit Kumar's current role is B. Eng., MBA | CAPP® ★ Sourcing Manager at Nefab Canada.

What schools did Ankit Kumar attend?

Ankit Kumar attended Concordia University, Manipal Institute Of Technology, C.b.s.e Board Don Bosco School.

Who are Ankit Kumar's colleagues?

Ankit Kumar's colleagues are Jaison Maureira, Julie Dellenbaugh, Lydell Fowler, Denilton Andrade Da Silva, Joseph Malko, Tania Stewart, Cynthia Ross.

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