Conduct thorough reviews of suppliers' business accounts in accordance with Performance, Availability, Reliability, and Information (PARI) standards.Asses Performance of Class 'A' and 'B' suppliers every six months and update supplier database in the ERP system.Collaborate with suppliers to send demand letters for Time of Delivery (TOD) based on agreed terms. Initiate negotiations when necessary, involving superiors for support.Ensure that each item or commodity has at least one… Show more Conduct thorough reviews of suppliers' business accounts in accordance with Performance, Availability, Reliability, and Information (PARI) standards.Asses Performance of Class 'A' and 'B' suppliers every six months and update supplier database in the ERP system.Collaborate with suppliers to send demand letters for Time of Delivery (TOD) based on agreed terms. Initiate negotiations when necessary, involving superiors for support.Ensure that each item or commodity has at least one substitute or alternative supplier to mitigate risks.Reviewed indent requests, prioritized urgencies, and initiated the procurement process to ensure timely fulfillment of organizational needs.Demonstrated expertise in on-time procurement at optimum costs, sourcing high-quality products and services from reliable suppliers.Resolved daily queries related to procurement by coordinating with Stores, Quality Control, and Accounts departments.Led the procurement of various Capex IT and Engineering software tools, infrastructure procurements, and Annual Maintenance Contracts (AMCs).Analyzed and defined reorder level database, collaborating with superiors to establish efficient inventory management practices.Implemented strategies to achieve adequate inventory levels by identifying cost-effective alternatives and excess stock utilization.Ensured compliance with customs, foreign trade, and other related tax regulations, providing accurate and up-to-date documentation.Prepared and submitted weekly Pending Purchase Order (PO) reports and monthly PO vs. Goods Receipt Invoice Receipt (GRIR) reports to suppliers.Maintained departmental MIS, tracking metrics such as Bill of Materials (BOM) deletion, excess PO cancellation, excess stock internal consumption, and alternate sourcing savings.Monitored and reviewed subordinates' MIS reports on a weekly basis to ensure accuracy and adherence to targets. Show less

Redesigned the ordering system, implementing a macro-enabled sheet for improved tracking and transparency.Skillfully renegotiated supplier deals, maintaining positive vendor relationships while achieving cost savings.Utilized the supplier's material receipt schedule and monitoring mechanism to avoid shortages and ensure timely deliveries.Closely monitored commodity prices and successfully renegotiated contracts to obtain cost benefits.Implemented various strategies to reduce… Show more Redesigned the ordering system, implementing a macro-enabled sheet for improved tracking and transparency.Skillfully renegotiated supplier deals, maintaining positive vendor relationships while achieving cost savings.Utilized the supplier's material receipt schedule and monitoring mechanism to avoid shortages and ensure timely deliveries.Closely monitored commodity prices and successfully renegotiated contracts to obtain cost benefits.Implemented various strategies to reduce material costs, optimizing budget allocation.Significantly improved On-Time Delivery of compressor items, positively impacting overall costs.Successfully reduced lead times for critical items, enhancing operational efficiency.Implemented an Excel tracking sheet for imported items, enhancing visibility and control.Provided training and coaching to subordinates, fostering their professional growth and enhancing procurement capabilities.Developed alternate sources for multiple items, resulting in better vendor management and reduced prices.Linked prices with commodity prices, streamlining negotiations and allowing more focus on developmental activities.Built a highly motivated procurement team capable of handling a procurement budget surpassing previous limitations.Conducted weekly meetings and recognized the Buyer of the Month, promoting collaboration and excellence.Generated pending Purchase Order reports, ensuring proactive management of outstanding orders.Developed macros-enabled exception sheets, facilitating efficient exception handling and issue resolution. Show less

Project Procurement

Procurement of Motors, Control Panels, All type of Valves.