Madhan Kumar. K Email & Phone Number

Chennai, Tn, In

Chennai, Tamil Nadu, India

Facilitating & managing procurement, solicit bids, developing new vendors, MIS, Stores and Logistics.Roles: Organizing regular contract review meetings with suppliers Liaising and managing agreements to ensure the service levels and price competitiveness. Assessing business needs, supply market and commercial risk to inform procurement planning and sourcing decisions Planning and leading contract negotiations in the establishment and review of supply arrangements to deliver value for money procurement outcomes. Coordinating with staff from across the organization providing advice and guidance to build expertise in procurement and improving procurement practice and outcomes Setting up Procurement Department & strategy which identifies, prioritizes, evaluates, manages procurement needs & opportunities. Monitoring Inventory Management with the respective executives Managing Import & Export Logistics with executives Maintaining the stock of material without any variance by conducting stock verification and documentation; following up on discrepancies, damage/expired goods and claims & returns to vendors; ensuring the safe custody of stores.Highlights: Successfully reviewed old vendors supplying crucial raw material by effective management of database which saved time in looking out for new vendors. Worked as a Single Point of Contact (SPOC) for procurement and contracting activities for contracts within a challenging time limit, encompassing multi-disciplinary materials as well as construction and engineering services. Steered in saving cost to help completion of projects within budget, which carried out 39 projects, so far. Successfully completed SAP implementation to the company.

United Arab Emirates

 Roles: Developed and Implemented procurement processes, Material Plans, Supplier Qualification strategies, Structure, Plan and engagement of the Procurement teams. Management of all overseas requirements working in conjunction with the relevant Project Managers, Engineers and Contract Administrators Lead material value analysis / re-engineering initiatives with the goal of reducing Cost of Goods Sold and improving Gross Profit levels. Provided project based accurate forecasts to the Project Manager on cost, delivery and performance of sub-contractors. Chaired regular procurement meetings with Logistics, Engineering and Quality divisions. Minimized working capital requirements by efficiently managing stock levels and budgeting prices. Supported the operations, financial, sales, engineering and management functions of the organization at all times in order to achieve corporate targets and strategic developments. Pro-actively managed the Purchasing functions and the Management Information Systems tools available to ensure on time delivery of inventories. Change management, consulting with senior management to ensure process changes are effectively implemented and managed. Sharing the Market Status to the Management on monthly basisHighlights: Reduced Monopoly Vendors from 60% to 20% Established Qualified Supplier Lists Sourced products internationally Negotiated & New Vendors, resulting in 9% savings. By Overseas supplier visit, brought back rejection value to company around USD 89000/- Countries visited: China / Singapore / Malaysia / Sri Lanka  Good contacts at Chinese region

Dubai, United Arab Emirates

Roles: Maintained Min. 3 vendors for better negotiation results Sourced major contribution vendors by internationally Negotiated reduced prices with vendors, resulting in approx., AED 150,000 – 175,000 savings per year Improved supplier on-time delivery Led the export / import operations and maintained various documents for the same Coordinated for customs clearance, export / import matters & liaised with various authorities, shipping companies and other external agencies for various clearances / approvals Devised efficient logistics management system to ensure delivery of the goods / shipments as per committed timelines and cost from across the globe Prepared MIS reports of inward / outward logistics with a view to appraise top management and customers of the routine inventory management activities

India

Summary of AchievementsNegotiated reduced prices with vendors, resulting in INR 2M savings at Class B & C.ISO Documentation with zero NC.MIS Reporting : Material status information. Information regarding placement of purchase orders and receipt of material on weekly basis of the management. To prepare quarter wise savings statement. User Level SAP.

Master Of Business Administration - Mba, Scm & Logistics, First Class

Activities and Societies: Cricket, Football, Badminton, Walking, Listening

Bachelor Of Commerce - Bcom, Business/Commerce, General

Education record

Activities and Societies: Sports & Social Activities