Nikhil Tyagi Email & Phone Number

Pune, MH, IN

Pune, Maharashtra, India

• Leading the Strategic Sourcing function of SKF Components – EMS, Plastics, Rubber, Sheet Metal, Casting and Subcontracting; with a team of 6 category managers
• Steering New Supplier Development functions, building relations with key strategic suppliers, evaluating performance and driving supplier innovation
• Successfully analyzed category spend data and Supplier Market to find opportunities for total cost reduction e.g. cost level vs market, supplier consolidation, specification rationalization, variant reduction, and so on
• Attending supplier decision meetings, conducting e-auction/online bidding, and using standard costing tables, zero based costing, & tools like NPV (Net Purchase Value) for finalizing the suppliers
• Conducting focused project management meetings to manage Second Source Development, Localization, Technology Transfer, VA VE & Teardown activities
• Evaluating sourcing procedures and presenting improvement strategies to senior management for approval

Gurgaon

• Leading Strategic Sourcing function of SBG - Safety and Productivity Solutions comprising of product portfolio – Barcode Scanners, Personal Protective Equipment for Industrials, Gas Detectors, Mobile Devices for data.
• Attending supplier decision meetings, conducting e-auction/online bidding, and using standard costing tables, zero based costing, & tools like NPV (Net Purchase Value) for finalizing the suppliers
• Drafting framework agreements, negotiating clauses with suppliers while collaborating with legal & internal stakeholders
• Issuing & managing the contracts in SAP and coordinating with suppliers, contractors & internal stakeholders
• Steering New Supplier Development functions, building relations with key strategic suppliers, evaluating performance and driving supplier innovation
• Rendering support to management of NPD/ NPI, Product / Process Improvement, Six Sigma/Lean Manufacturing & Value Engineering/CE & Velocity Product Development

Gurgaon, India

• Successfully managed and drive component engineering (CE) and support value engineering (VE) projects for XCOE’s – EMS/Electronics, Plastics, Stampings & Raw Metals generated cost reduction of $10.8 M from XCOE spend.
• Arrange BAE’s & Should Cost for XCOE’s and drive projects to meet deadlines,track,monitor and summarize reports to senior leadership.
• Responsible for handling the project portfolio for their successful execution and on time delivery with customer delight.Instrumental in the project from start to finish and ensuring that the organizational processes.
• Participated in Honeywell wide – Supplier Summit in USA for negotiations with all key supplier based on Global Send.
• Collaborating with the senior management to maintain a continuous stream of information regarding the project status and progress; follow up the project according to the Global Development Process (DVP) and decided.
• Proposed innovative design engineering solutions and cost saving alternatives to meet clients' objectives and expectations.

Gurgaon, India

• Successfully managed and launched platform project – Circuit Protection for India in Nov 2013, through global cross functional team, to drive 5 year business revenues plan of over US $ 21Mn in India.
• Successfully launched global platform project “Elements in July/Aug 2014” involving global cross functional team, to drive 5 year business revenues of over US $ 10Mn in India.
• Introduced first antibac range switch range in India – Blenze in July’16 which has created USP in hospitals, laboratories & hotel industry.
• Received HGR Excellence award Q4’15 for successfully launch of new Wiring device range “CITRIC” to drive 5 year business revenues plan of over US $ 18 Mn.
• Introduced new wiring device range for Thailand and Philippines region from Honeywell Manufacturing unit in India contributing 5 year business revenues of over US $ 6.5 Mn.
• Managing many others in progress platform- Series 300 Detector,RFS –Mass mid segment fire product & major localization projects to generate business revenues and savings involving global teams and expectations of.

Gurgaon, India

• Spearheaded the launch of 5 new ranges of supermarket products in 2013
• Contributed as a Member of Core Committee (Localization of Modern Retail Product) – Advanza, MST& Counters
• Spearheaded the entire gamut of activities entailing New Product Development, Cost Reduction Targets & Localization in the product segments like Super Market products, Chest Freezers, Cold Room Systems and Higher HP.
• Administered the project management, starting with the signing of NDA & LTA agreements, technology transfer, development of equipment’s & machinery, development of parts in India, timeline monitoring, finalization of.

Gurgaon

• Administered the successful implementation of Cost Reduction Programme, thereby saving INR 3 Crores annually
• Drove measures to implement 4 New Models of Air Conditioners within a year
• Negotiated best prices in the industry for the critical imported items like Rotary Compressors, Fans/Blowers, and Controls

Mba, Operation Management

B.Tech, Mechanical Engineering

12Th, Pcm