Mayank Verma

Mayank Verma Email and Phone Number

Category lead Strategic Sourcing and Procurement- South Asia and Australia Region @ Cargill
Delhi, India
Mayank Verma's Location
Delhi, India, India
Mayank Verma's Contact Details

Mayank Verma personal email

About Mayank Verma

Supply Chain professional with proven experience in global sourcing & procurement of Raw Materials, CAPEX, INDIRECT, EPC contracts along with bid support for order winning.

Mayank Verma's Current Company Details
Cargill

Cargill

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Category lead Strategic Sourcing and Procurement- South Asia and Australia Region
Delhi, India
Website:
cargill.com
Employees:
67530
Mayank Verma Work Experience Details
  • Cargill
    Category Lead Strategic Sourcing And Procurement- South Asia And Australia Region
    Cargill
    Delhi, India
  • Cargill
    Category Lead Strategic Sourcing & Procurement- South Asia & Australia Region
    Cargill Aug 2023 - Present
    Gurugram, Haryana, India
    • Category lead for strategic sourcing and procurement for South Asia & Australia region for Indirect i.e. MRO, EPCM, Services & CAPEX.• Strengthen vendor relationship & vendor development to generate value for the organization.• Contact negotiation, governance & MIS, data analysis.• Automation in procurement function with help of Ariba/punchout catalog/ web base solutions for touch less POs.• Close coordination with cross functional teams for achievement of organization goals & squeeze the cost.
  • Sterlite Power
    Chief Manager- Global Sourcing & Procurement
    Sterlite Power Oct 2021 - Jul 2023
    Delhi, India
    • Led raw material procurement for five manufacturing plants of EHV underground cable, Hight tension overhead conductors & optical ground wire with sourcing and procurement of aluminum, copper, polymers, optical fiber, carbon fiber core (value ~2K Cr per annum)• Contribution in underground cable turnkey project business establishment by strengthening SCM function with strategic development of EPC contractors & supply item (value ~250 Cr pa)• Continuous focus to increase profitability by decreasing input cost, ex. in FY23 saved 42 Cr INR (i.e. 1.8% of business revenue)• Critical involvement in order winning by offering competitive prices of raw material & pre-bid strategic tie ups with EPC contractors before tender to complete with competitors.• Trading of Aluminum• Track market (supply/demand) of commodities for efficient price discovery and finalization of contract as per spot rate, Index base pricing, forward/future contracts, volume base pricing & tiered pricing• Manage price risk with hedging of commodities & strengthening of contract terms with negotiation• Support finance team by advance budget planning, negotiation of LC terms with banks & arrange seller’s credit to avoid debt. at competitive cost• Production planning & inventory management, new vendor development, support in new product development, outsourcing, MIS & governance• Lead procurement to pay (S2P/P2P) audits, process improvements, Implementation of Poka-Yoke & Kaizen in SCM function with help of IT• Led import operations with excellent understanding of Import procedure, documentation, customs, tracking & on-time closure of advance authorization as well as avail RODTEP• Handling freight forwarder/NVOCC/ shipping line for container & break bulk shipments, CHA, and Inward logistics• Successfully drive project “Aarohan” a joint initiative with McKinsey to identify projects to generate saving & implementation of zero-base budgeting (ZBB)
  • Sterlite Power
    Manager- Global Sourcing & Procurement
    Sterlite Power Oct 2019 - Sep 2021
    New Delhi Area, India
  • Sterlite Power
    Assistant Manager-Scm
    Sterlite Power Jul 2017 - Sep 2019
    New Delhi Area, India
  • Fashion Apparel Llc
    Engineer
    Fashion Apparel Llc Nov 2016 - Jun 2017
    Salalah, Dhofar, Oman
    • Sourcing & procurement as well as on time execution of green field CAPEX project to establish new manufacturing units in Salalah free zone• New vendor development, inventory management, contract management, governance, MIS & import operations• Manage local compliance & government department
  • Stl - Sterlite Technologies Limited
    Engineer – Supply Chain Management
    Stl - Sterlite Technologies Limited Jun 2013 - Oct 2016
    Haridwar Area, India
    • EHV Cables raw material (aluminum, copper, polymers, steel), packaging, services & MRO• Successfully completed sourcing & procurement of brown field project CAPEX worth ~80 Cr INR to double the capacity of EHV cable manufacturing plant• Successfully handled procurement to pay (S2P/P2P) audits Internal & External• Successfully developed just in time model for packaging items & C class raw materials to avoid higher lead time & cost savings• MIS, Governance, outsourcing
  • Rakheja Engineers Pvt Ltd
    Engineer
    Rakheja Engineers Pvt Ltd Jun 2012 - Jun 2013
    Faridabad Area, India
    • Take care plant machineries electrical breakdown & maintenance• Implement autonomous maintenance, 5S, Kaizen, Poka-Yoke• Work on improvement of overall equipment efficiency to enhance the output• Plant audits to find the scope of improvements & focus on improvements

Mayank Verma Skills

Electrical Engineering Engineering New Vendor Development Techno Commercial Manufacturing Techno Commercial Negotiations Microsoft Office Power Electronics Project+ Sap Erp Market Intelligence

Mayank Verma Education Details

Frequently Asked Questions about Mayank Verma

What company does Mayank Verma work for?

Mayank Verma works for Cargill

What is Mayank Verma's role at the current company?

Mayank Verma's current role is Category lead Strategic Sourcing and Procurement- South Asia and Australia Region.

What is Mayank Verma's email address?

Mayank Verma's email address is ma****@****hoo.com

What schools did Mayank Verma attend?

Mayank Verma attended Indian Institute Of Foreign Trade, Tulas Institute.

What skills is Mayank Verma known for?

Mayank Verma has skills like Electrical Engineering, Engineering, New Vendor Development, Techno Commercial, Manufacturing, Techno Commercial Negotiations, Microsoft Office, Power Electronics, Project+, Sap Erp, Market Intelligence.

Who are Mayank Verma's colleagues?

Mayank Verma's colleagues are Jolene Long, Thomas Quinn, Carlos Adam, Jose Mujica, Hunter Briggs, Rodrigo Benedi Cardozo, Michel Monteiro De Assis.

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    1
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