Prashanth S Email & Phone Number

7.5 years of solid experience in managing products and material purchases as well as my talent for forging strong supplier/vendor relationships.My background includes a proven ability to negotiate and secure competitive prices for products and services to contain costs and maximize profits. From evaluating procurement needs and placing orders to estimating arrival times and liaising with suppliers, my experience has prepared me to excel in this role. With my outstanding analytical, and time management skills, I am well positioned to thrive in this role.Activities:Procurement of all kind of Electronic Components, Raw materials, Bought out parts,Capital items and Software products from both Import and Interstate level conformingto AS9100 standards• New source identification, Developing partnership with vendors, Arranging ratecontracts• Attending Design review with Designers to understand our requirement andfunctionality of the components. Evaluation of requirements to understand themanufacturing feasibility• Quote evaluation, Cost reduction through Negotiation, Recording price comparison, PORelease, Price monitoring and arranging delivery of products through regular follow-ups• Planning and arranging price estimations and budgeting for the Project BOMs andbidding• Providing periodic performance, operational & functional review reports tomanagement for continues development• Suggesting Alternates / Equivalents for technical teams & updating about theObsolescence of products• Managing Freight Forwarders and logistics for smooth transactions of goods/shipments• Interacting with Vendors and internal Project teams on daily basis to meet desiredresults• Sourcing of all PORs by floating RFQ to the right sources, Negotiating with vendors for theright cost and Releasing PO through ERP after analyzing the price, lead time & otherparameters.• Introducing new Vendors with respect to demand forecast and maintaining good businessrelationship.• Reducing Purchase Lead time and arranging On-time Delivery of Parts with desiredreports & documents• Coordinating with Stores, Quality, Finance & Logistics team to complete the SmoothTransaction.