Prashant Shinde Email & Phone Number

Pune, Mh, In

Pune, Maharashtra, India

Pune, Maharashtra, India

 Lead sourcing to ensure efficient procurement processes and timely delivery of goods. Develop and execute sourcing strategies to meet cost, quality, and timeline objectives. Collaborate with cross-functional teams to identify sourcing needs and align procurement activities with business goals. Manage vendor relationships, negotiate contracts, and monitor supplier performance to ensure compliance and maximize value. Implement process improvements that resulted in 30% reduction in procurement cycle times. Achieved 10% cost savings through effective negotiation and strategic sourcing initiatives. Introduced sustainable sourcing practices. Led competitive bidding processes, RFQs to select suppliers and negotiate contracts. Analysed market trends and conducted supplier evaluations to ensure a robust vendor base. Collaborated with engineering teams to identify cost-saving opportunities without compromising product quality. Assisted in the implementation of an e-sourcing platform, streamlining procurement processes and enhancing visibility into supplier performance.

Pune, Maharashtra, India

 Actively involved in technical discussions, RFQ followed by commercial discussions, negotiation & Vendor Finalization. Responsible to identify & develop potential suppliers for New Projects within timeline. Raising RFQ to local & global suppliers, Negotiate Price, Development activity & supply contracts including payment terms.  Implementing Cost Reduction programmes through various methods like Resourcing, Localization, VAVE, Inventory & Freight etc. Products development, Feasibility completion & PPAP lot readiness with Evaluated suppliers within stipulated timeframe.  Sample Submission on time, Right First Time (RFT) & Project submission on time. Gap Buy sourcing for line stoppage items or projects. Review customer schedule and forecast taking follow-up with inter-company, import & domestic suppliers for material as per requirement. Responsible for day-to-day procurement activities of import & domestic supplier and preparation & execution of Purchase plans. Co-ordination with import & domestic suppliers taking confirmation of purchase orders, production status and expected delivery dates for demand planning. Inventory- Analysis, Control, Management & excess inventory liquidation. Import freight Quote analysis & negotiation with forwarders. Analysis of Vendor Performance, KPI & Purchase related all responsibilities. Buyer Assessment & Vendor development support. ERP Implementation support & trial runs in sandbox.

Pune, Maharashtra, India

 Actively involved in technical discussions, RFQ followed by commercial discussions, negotiation & Vendor Finalization. Responsible to identify & develop potential suppliers for New Projects within timeline. Raising RFQ to local & global suppliers, Negotiate Price, Development activity & supply contracts including payment terms.  Implementing Cost Reduction programmes through various methods like Resourcing, Localization, VAVE, Inventory & Freight etc. Products development, Feasibility completion & PPAP lot readiness with Evaluated suppliers within stipulated timeframe. Import & Domestic Supply Chain Management, Project Management & Vendor Development etc. Sample Submission on time, RFT & Data Management as per ISO 9001:2015. Buyer Assessment & Vendor development support.

Magarpatta, Pune

 Review customer schedule and forecast taking follow-up with inter-company, import & domestic suppliers for material as per requirement. Responsible for day-to-day procurement activities of import & domestic supplier and preparation & execution of Purchase plans. Release new Purchase orders through ERP system and co-ordination with import & domestic suppliers taking confirmation of purchase orders, production status and expected delivery dates of increase demand planning. Checking availability of material at various global sites and supplier, negotiating with supplier for early delivery for shortage situation handling push-in and Push-out deliveries, cancellation of purchase orders of excess inventory demand down situation. Import freight bill checking, analysis freight cost and release payment as per agreed cost and payment terms. Analysis of Vendor Performance, KPI & Purchase related all responsibilities. Inventory management, Material reconciliation & excess inventory controls. Material IN warding & Out warding activity. Logistics & Freight Cost control. Support CFT for New Product development, New vendor boarding & In-Direct material ordering etc.

Pune, Maharashtra, India

 Review customer schedule and forecast taking follow-up with inter-company and domestic supplier for material as per requirement. Release schedules through ERP system and co-ordination with suppliers taking confirmation of purchase orders, production status and expected delivery dates of increase demand planning. Actively involved in technical discussions, RFQ followed by commercial discussions, negotiation & Vendor Finalization. Vendor Development, Sourcing & Resourcing on the basis of Quality, Delivery & Cost effectiveness. To do initial sample approval activity to regularize the new development component. Inventory management & excess inventory controls as per ABC Analysis. Analysis of Vendor Performance, KPI & Purchase related all responsibility Supporting to vendors to resolving their issues like: scheduling, payments, rate settlement etc. Release PO’s & Schedules as per PPC demand & forecast Data Management & Audits

Pune Area, India

 Review customer schedule and forecast taking follow-up with inter-company and domestic supplier for material as per requirement. Release new Purchase orders through ERP system and co-ordination with suppliers taking confirmation of purchase orders, production status and expected delivery dates of increase demand planning. Actively involved in technical discussions, RFQ followed by commercial discussions, negotiation & Vendor Finalization. Vendor Development, Sourcing & Resourcing on the basis of Quality, Delivery & Cost effectiveness. To do initial sample approval activity to regularize the new development component. Inventory management & excess inventory controls as per ABC analysis. Analysis of Vendor Performance, KPI & Purchase related all responsibility Supporting to vendors to resolving their issues like scheduling, payments, rate settlement etc. Participated in Lean Manufacturing process. Co-ordinating with Store team for making Monthly Stock Statements, Price Variance & Non-Moving Items. Handling ERP to release PO’s & Schedules.

Pune Area, India

 To Co-ordinate monthly & weekly production order taking with vendors & plants. Releasing RFQ as per customer demand to local suppliers. Cost Reduction-Idea generation for reducing the cost of component.  Co-ordination with Planner for RM scheduling & forecasting. Maintenance of records of agreement, quotation, RFQ’s, PR, PO & Vendor forms. Co-ordination with Accounts for on time payments to the suppliers.

B. E. Production, Mechanical Engineering, First Class With Distinction

Activities and Societies: - Blood Donation Camp - 2K15 Devil's Event Organization leader - Zonal Kabbadi Player

H.S.C.

S.S.C.