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Paresh Somani - B.E.(Hons.), Mba., Llb (Hons.) Contracts Procurement And Supplychain Professional Email & Phone Number

Head Contracts and Procurement at Confidential Manufacturing Company
Location: Mumbai, Maharashtra, India 10 work roles 6 schools
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Role
Head Contracts and Procurement
Location
Mumbai, Maharashtra, India
Company size

Who is Paresh Somani - B.E.(Hons.), Mba., Llb (Hons.) Contracts Procurement And Supplychain Professional? Overview

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Paresh Somani - B.E.(Hons.), Mba., Llb (Hons.) Contracts Procurement And Supplychain Professional is listed as Head Contracts and Procurement at Confidential Manufacturing Company, a company with 261 employees, based in Mumbai, Maharashtra, India. AeroLeads shows a matched LinkedIn profile for Paresh Somani - B.E.(Hons.), Mba., Llb (Hons.) Contracts Procurement And Supplychain Professional.

Paresh Somani - B.E.(Hons.), Mba., Llb (Hons.) Contracts Procurement And Supplychain Professional previously worked as Head Contracts & Procurement at Confidential Manufacturing Company and Manager Commercial (Head of Commercial & Raw Material) at Kriti Group. Paresh Somani - B.E.(Hons.), Mba., Llb (Hons.) Contracts Procurement And Supplychain Professional holds Bachelor Of Engineering, Industrial & Production, First Class - Honors - A+ from Jabalpur Engineering College.

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Confidential Manufacturing Company

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Profile bio

About Paresh Somani - B.E.(Hons.), Mba., Llb (Hons.) Contracts Procurement And Supplychain Professional

Leading the procurement frontier at a distinguished manufacturing company in the Oil & Gas and Plastics sector, my focus centers on strategic sourcing, vendor and contract management, and process innovation. With a solid foundation in commercial management, my recent tenure has seen me orchestrating logistics cost analysis and driving cost reductions through meticulous procurement strategies. The organization benefits from my expertise in material balancing and hedging, ensuring the seamless operation of procurement cycles and enhancing vendor relationships. My contributions extend to managing key client portfolios, including notable entities like Indraprastha Gas and Gujarat Gas, where my role in contract finalization and strategic pricing fortifies our market standing.ACHIEVEMENTS~Savings in the Contracts related services and manpower by 17.5% at Ispat Industries Limited. Approximate: INR 4.37 Crores in the period of 2006-2008.~Savings in the Cranes Hiring in absolute value of Rs. 85 Lacs for the year 2008-09 at Petron Engineering Construction Limited.~Established entire procurement process, SCM department and implemented reverse auction at Petron Engineering Construction Limited 2008-09~Handled entire material procurement & contracts for PNG City Gas Distribution Project for NCT of Delhi & NCR at Indraprastha Gas. Successfully closed contract from Expression of Interest to Contract Closure. 2009-2013.~Oversaw Contracts & Procurement Manual revision referring Ministry of Finance- General Financial Rules “GFR”, C&P Manuals of GAIL, BPCL, BHEL and other leading PSUs under the leadership of CGM & Executive Directors in 2012 at Indraprastha Gas Limited.~Customization of SAP MM Module for MRP based on consumption based planning at Indraprastha Gas Limited, New Delhi.~Implemented ISO 14001 Certification, SCRAP disposal policy online reverse auction and forward auction methodologies at IGL 2012.~Implemented Transport Management System at ISCL and online auction bidding system in the year 2016.~Developed online Customer Grievance portal with RCA/PA at ISCL.~Handled Engineering Procurement & Construction contracts and projects for various clients like BPCL, MRPL, IOCL, L&T including subletting of contracts, material procurement at PECL.~Developed direct manufacturers for Bulk raw materials like HDPE, MDPE, PVC, CPVC and other plastic materials like Westlake, Orbia, Hygain & Kaneka i.e. from USA, China & Japan Origin. 2020-2024~Reduced raw material cost by ~3.5% and helped organization to increase the EBITDA at Kriti group

Listed skills include Sap Mm, E Procurement, Ms Office, Strategic Sourcing, and 45 others.

Current workplace

Paresh Somani - B.E.(Hons.), Mba., Llb (Hons.) Contracts Procurement And Supplychain Professional's current company

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Confidential Manufacturing  Company
Confidential Manufacturing Company
Head Contracts and Procurement
Mumbai, MH, IN
Employees
261
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10 roles · 20 years

Paresh Somani - B.E.(Hons.), Mba., Llb (Hons.) Contracts Procurement And Supplychain Professional work experience

A career timeline built from the work history available for this profile.

Head Contracts & Procurement

Current

Mumbai, Maharashtra, India

Company is one of the leading organization into Oil & Gas, Plastic, Polymers, PVC, HDPE etc.

Oct 2023 - Present

Manager Commercial (Head Of Commercial & Raw Material)

Dhar, Madhya Pradesh, India

One of the leading Plastic Product Manufacturing companies in India. Having group turnover of Rs. 1500 Crores.Head Commercial for a leading group companies diversified in Plastics, Edible Oil, Steel, Power & Energy.Procurement and Raw Material ImportsOversight of Capital & Service ProcurementLogistic Cost Analysis, Vendor DevelopmentCost Reduction and.

Sep 2020 - Sep 2023

Deputy General Manager - Commercial & Procurement Head

Bhatia Coke & Energy Limited

Indore Area, India

Headed the procurement & institutional sales department as Deputy General Manager Commercial.Taking care of End to End Procurement cycle for the entire group and companies.Implementation of SOPsManagement of Tenders.Logistic ManagementMIS & Analytics.

Feb 2019 - Aug 2020

Sr. Manager Manager - Commercial & Procurement (Head)

Indore Area, India

Senior Manager - Head of Commercial

Apr 2018 - Feb 2019

Manager - Commercial (Head)

Indore Area, India

Head of the Commercial Department.Taking care of commercial activities, New Vendor Development, Cost Cutting, material management, ERP & IT, Supply Chain, audit, vigilance, taxation, contract drafting, business development, costing, pricing, raw materials, marketing, organizational development, strategic planning & development. Customer Complaint.

Jun 2015 - Apr 2018

Additional Manager

New Delhi

Working as an Additional Manager in Contracts & Procurement department. Procurement of all Piped Natural Gas Project on NCT of Delhi and NCR. Total volume of Procurement & contracts are Rs. 350-400 Crores.

Apr 2012 - Jun 2015

Deputy Manager

Determine Fulfillment Approach, such as competitive bidding or limited sourcing, establishing negotiation strategy and drafting of tender.Contracts management for services like fabrication, natural gas pipeline laying, civil works, maintenance of charged sites (MRS, DRS, FRS & other associated control rooms) within the C&P procedures & standards of.

Mar 2009 - Apr 2012

Senior Executive Engineer

Mumbai Area, India

  • Project Procurement Manager as Senior Executive Engineer at EPC Engineering Procurement Construction Company in Mumbai.Successfully managed project purchases for impactful ventures including:GGPL, BhatindaBharat Oman.
  • Procurement Scope:Acquired Valves, Pipe fittings, Thermocouples, Cutting Tools, Grinding wheels, Fasteners, Measuring instruments, Oils, Paints, and Chemicals for PETRON PROJECT sites.
  • Key Responsibilities:Analyzed contracts for a profound understanding.Coordinated with in-house and external vendors to ensure cost-effective, quality-driven, and timely procurement.Identified and developed vendors for.
Jan 2008 - Mar 2009

Senior Engineer

Mumbai, Maharashtra, India

"Position: Senior Engineer – Contracts & Procurement, Ispat's Supply Chain Management Group"Responsibilities:-Spearheaded procurement operations through E-Procurement & E-Tendering.-Actively contributed to the implementation of the ERP product mySAP SRM for the purchase department, serving as both support and end user.-Conducted thorough contract reviews.

2006 - 2008 ~2 yrs
6 education records

Paresh Somani - B.E.(Hons.), Mba., Llb (Hons.) Contracts Procurement And Supplychain Professional education

Bachelor Of Engineering, Industrial & Production, First Class - Honors - A+

Activities and Societies: Industrial Production Engineering Society, Jabalpur Engineering College Jabalpur Engineering College is one of.

Graduate Diploma In Materials Management, Materials Management, A

Indian Institute Of Materials Management

Activities and Societies: Won quiz competetion on Green Purchase.

9Th To 12Th, Physics Chemistry Maths, First Division

Shri Devi Ahilya Shishu Vihar
FAQ

Frequently asked questions about Paresh Somani - B.E.(Hons.), Mba., Llb (Hons.) Contracts Procurement And Supplychain Professional

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What company does Paresh Somani - B.E.(Hons.), Mba., Llb (Hons.) Contracts Procurement And Supplychain Professional work for?

Paresh Somani - B.E.(Hons.), Mba., Llb (Hons.) Contracts Procurement And Supplychain Professional works for Confidential Manufacturing Company.

What is Paresh Somani - B.E.(Hons.), Mba., Llb (Hons.) Contracts Procurement And Supplychain Professional's role at Confidential Manufacturing Company?

Paresh Somani - B.E.(Hons.), Mba., Llb (Hons.) Contracts Procurement And Supplychain Professional is listed as Head Contracts and Procurement at Confidential Manufacturing Company.

Where is Paresh Somani - B.E.(Hons.), Mba., Llb (Hons.) Contracts Procurement And Supplychain Professional based?

Paresh Somani - B.E.(Hons.), Mba., Llb (Hons.) Contracts Procurement And Supplychain Professional is based in Mumbai, Maharashtra, India while working with Confidential Manufacturing Company.

What companies has Paresh Somani - B.E.(Hons.), Mba., Llb (Hons.) Contracts Procurement And Supplychain Professional worked for?

Paresh Somani - B.E.(Hons.), Mba., Llb (Hons.) Contracts Procurement And Supplychain Professional has worked for Confidential Manufacturing Company, Kriti Group, Bhatia Coke & Energy Limited, Indian Steel Corporation Ltd, and Indraprastha Gas Limited.

How can I contact Paresh Somani - B.E.(Hons.), Mba., Llb (Hons.) Contracts Procurement And Supplychain Professional?

You can use AeroLeads to view verified contact signals for Paresh Somani - B.E.(Hons.), Mba., Llb (Hons.) Contracts Procurement And Supplychain Professional at Confidential Manufacturing Company, including work email, phone, and LinkedIn data when available.

What schools did Paresh Somani - B.E.(Hons.), Mba., Llb (Hons.) Contracts Procurement And Supplychain Professional attend?

Paresh Somani - B.E.(Hons.), Mba., Llb (Hons.) Contracts Procurement And Supplychain Professional holds Bachelor Of Engineering, Industrial & Production, First Class - Honors - A+ from Jabalpur Engineering College.

What skills is Paresh Somani - B.E.(Hons.), Mba., Llb (Hons.) Contracts Procurement And Supplychain Professional known for?

Paresh Somani - B.E.(Hons.), Mba., Llb (Hons.) Contracts Procurement And Supplychain Professional is listed with skills including Sap Mm, E Procurement, Ms Office, Strategic Sourcing, Negotiation, Project Management, Procurement, and Sourcing.

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