• Certified Procurement Professional from International Institute of Procurement and Market Research (IIPMR) with more than 15 years of experience in procurement & contracts, contract management, post order monitoring, proficiency in strategic sourcing function in power sector. Key contribution in sourcing of capex/opex goods, service contracts and implementation of procurement policy, strategies and processes.• Core strengths in commercial negotiation skills based on raw material costing, market rate analysis and arranging the material at best competitive techno‐commercial terms as per project requirements and within budget provisions.• Well versed in procurement transaction activities right from the preparation of RFQs to the award of contract and Final contract closure activities after completion of work in all aspects including punch points.• Expertise in contracts related to Operation & maintenance spares, Coal Logistics, Annual Maintenance contracts, procurement of bulk material (Light Diesel Oi, Chemicals, Lubricants etc.), IT supply & service contracts.• An effective communicator with the capability to relate to people at any level of business and management and excellent team building capabilities• Keen analyst with skills in gathering and understanding requirements of clients & other multiple stakeholders (at strategic and tactical levels), followed by translation into functional specifications as well as provisioning of suitable solutions
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Assistant General Manager - Techno CommercialDb Power Limited Jul 2021 - Apr 2024Mumbai• Executing Vendor Development, Tendering, Negotiation, Contract Awarding & Post Contract Administration for 2x600 MW Thermal Power Project of DB Power Limited at Chhattisgarh• Managing the overall procurement operations and enhancing the operational efficiency by eliminating obsolescence and achieving cost reduction through vendor development, curbing rework & rejection, materials management and inventory control • Streamlining department processes and procedures; reducing the purchase requisition turnaround time and timely issue of Purchase Orders (POs) • Sending request for quotations & selecting source for effective procurement in terms of quality & cost • Preparing plan, scheduling of required materials according to monthly / quarterly plan; negotiating price and terms of products with suppliers, timely ordering materials with estimated cost to competent supplier in terms of effective procurement• Reviewing all contracts/agreements to achieve ‘best price/ best quality’ purchasing, adhering to all company policies with particulars regard to accounting procedures• Executing planning and budgeting of purchase functions, involving cost estimation and contract negotiations• Preparation of Note for management approval & issuing SAP Purchase Orders (PO) in accordance with the selected vendors, price & technical specifications• Monitoring / Ensuring timely delivery of the material or completion of work as per requirement and ensuring timely payments to vendors.• Experience in finalization of EPC contract, LSTK contract, Cost plus contract etc.• Closure of contracts including resolution of conflicts, if any• Building and maintaining vendor/supplier relations; evaluating vendors, managing buyer processes and analyzing reports -
Chief Manager - Techno CommercialDb Power Limited Jul 2016 - Jul 2021Mumbai Area, India -
Senior Manager - Techno CommercialDb Power Limited Jul 2013 - Jul 2016Mumbai, Maharashtra, India -
Manager - Techno CommercialDb Power Limited Mar 2012 - Jul 2013Mumbai, Maharashtra, India -
Assistant ManagerReliance Power Limited Aug 2008 - Feb 2012• Responsible for complete procurement cycle for placing various consultancy contracts.• Worked on the e-auction and provided training to several vendors• Generated various MIS reports for co-ordination / representation of procurement status to be used within Procurement Group and during weekly progress review meeting of Ultra Mega Power Projects.• Monitored and analyzed the construction activity of projects by coordinating with other company verticals - Business Development, Project Finance, Project Management, and Site for effective completion of projects.• Reviewed the corrective actions for actual performance of procurement group • Shouldering responsibilities related to Vendor Database Management• Analyzed the price trend in metals through Bloomberg terminal and provided monthly report on metal-price fluctuations for Aluminium, Steel, and Copper etc.
Hemant Sagwekar - Cpp (Iipmr) Education Details
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Principal L N Welingkar Institute Of Management Development And Research L. N. Road, MatungaDistinction -
K.J.Somaiya College Of EngineeringMechanical
Frequently Asked Questions about Hemant Sagwekar - Cpp (Iipmr)
What is Hemant Sagwekar - Cpp (Iipmr)'s role at the current company?
Hemant Sagwekar - Cpp (Iipmr)'s current role is Procurement, Contracts and Supply Chain management professional with 15 years of experience.
What schools did Hemant Sagwekar - Cpp (Iipmr) attend?
Hemant Sagwekar - Cpp (Iipmr) attended Principal L N Welingkar Institute Of Management Development And Research L. N. Road, Matunga, K.j.somaiya College Of Engineering.
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