• Achieved a savings of USD 900,000.00 through cutting down the procurement cost with the aid of re arranging the vendor management system, and increasing the vendor base. • Gained 30% more cash flow by reducing the receivable period and increasing the payable period to key vendors• Independently handled the complete procurement process right from material request till it reaches the final delivery point.• Managed procurement process as per company policies including vendor evaluation, negotiation and shipping process. • Monitor, evaluate material qualities and ensure it meets the required standard.• Responsible for maintaining a record of all outstanding purchase orders.• Providing a shipping forecast to management based on ex-factory date• Arranges transportation and forwarding services for all orders to ensure material is delivered as per schedule to the customers• Highlight discrepancies ascertained in the shipping documents, if any, to the suppliers to take appropriate corrective action• Coordinate with the local clearance company for the clearance, delivery and labor requirements.• Follow-up of invoices, delivery notes and goods receipt notes. Letter of Credit & Trade Finance• Handled L/C independently for import as well as export• Review of L/C Application & Draft; request for necessary changes if required.• Review L/C Clauses once it is received from Advising Bank and request for amendments if required.• For L/C Negotiation, prepare bank documents such as the BOE (bill of exchange) along with invoice and packing list and informing the runner for timely pick up of documents for submission.• On time L/C negotiation and follow up for its acceptance.• Liaising with Clients, Suppliers and bankers and ensure that documents are clean when negotiated.• Follow-up for Authorized signature on invoices and delivery notes in the case of Deliver to Site L/Cs• Create and Monitor data on L/Cs in order to keep a track on expiry,