Dr Rakesh Kumar Email & Phone Number

Noida, Up, In

Noida Area, India

• pre-sales solution, research & analytics, content creation, innovation, transformation leader.. Category Management, Managing low cost country sourcing and alternate vendor sourcing to reduce procurement cost and supervising decision making on TCO basis rather than just the price• Administering the opportunity cost of lost business with the existing vendor & process changes into account before making the final decision like finding substitutes & specs optimization using value engineering• Incorporating negotiations based on last purchase trends, market price and competitive pricing & base costing and monitoring & tracking stocks & processes• Regularizing the entire process from Procurement to Payment eyeing on internal & external Lead Time, Price Variations, and Process Parameters• Steering strategic sourcing through identification of cost effective vendors/suppliers for procurement with an aim of reducing cost while improving quality & reliability.• Solution (marketing) and opportunities assessment• Consultancy and high level research publicationCategory Management - Indirect & Direct

Phone No: +91-9654105522 / 9560705522; Noida

Purchasing & Supply Chain Management:--> Rolling out the Annual Business Plan at Company Levela) Detailed working on the Spend Analysis, Requirement Consolidation, Cost Drivers. b) Benchmarking.-->Sending out RFP’s to vendorsb) Issuing RFP’s to vendors registered with us – local as well as global.c) Prospect Vendors who are technically and financially sound.--> New Vendor Development a) Locating new vendors through Commercial & Industrial forums--> Commodity Sourcing – Indigenous/Importsa) Includes Commodities like Oilseeds/Oil complex, Grain, Metals and Packaging materials etc.b) Price Forecastingc) Handling indirect spend for Travel, Air freight, Office supplies, Parcel & Car rental, MICE beside IT and HRS and personal promotional category etc d) Involves deciding on negotiable documents, Custom Clearances and final receipt at site. e) Aggregating to an annual spend base of 300 Crores.--> Low Cost Country Sourcing and Alternate Vendor Sourcing to reduce procurement cost.a) Locating the world’s best suppliers which are logistically favorable.--> Total Cost of Ownership (TCO) a) Decision making on TCO basis rather than just the price.b) Taking the opportunity cost of lost business with the existing vendor, process changes etc into account before making the final decision.--> Finding Substitutes/Specs Optimization using Value Engineering.a) Finding substitutes to enhance metallurgy and reduce cost.b) Decodification/specs optimization.--> Negotiation with Vendors a) Negotiations based on last purchase trends, market price and competitive pricing & base costing.--> Coordination with the 3PL providers and suppliers to optimize transportation cost.--> Regularizing the entire process from Procurement to Payment eyeing on internal & external Lead Time, Price Variations, and Process Parameters etc.--> Continuous monitoring and tracking of stocks and processes.--> Inventory Management.

Hyderabad, India

Direct Sourcing, Price Forecasting, Vendor selection and analysis, Hedging, Procurement strategy, client engagement

Lucknow Area, India

Mumbai Area, India

Mumbai Area, India

New Delhi Area, India

Research & Direct Sourcing

Ph.D, Agriculture Economics, A

Activities and Societies: Publication of international paper and participated in various eco-friendly acitivities.

Msc, Agriculture Economics, A

1997, Agriculture

Master Of Business Administration (Mba), Finance, General