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

Mumbai, Mh, In

Mumbai, Maharashtra, India

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

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 Process InnovationContract Finalization and ReviewStrategic Pricing for PE & PVC PipesKey Clients Handled: Indraprastha Gas, Gujarat Gas, IOCL, HPCL, andmany more.Government Tendering and E-Procurement ManagementPricing Strategies for Finished GoodsMaterial Balancing and HedgingContract Drafting and ManagementData Analysis for Informed Decision-MakingInsurance Finalization and ManagementRisk Assessment and MitigationAuthorization of Financial Transactions

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.

Indore Area, India

Senior Manager - Head of Commercial

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 Handling.Credit & Debit note Handling.Forex Hedging.Market Intelligence.MIS.Costing (Activity Based, perpetual costing).Profit & loss monitoring.New Business development.Project Monitoring.Evaluation & performance of Business Activities.E1 & E2 Buy Sales transactions.Depot Management (Full Cycle)Compliances and Monitoring of C Forms, F Forms and other Statutory Legal Compliances.Co-Ordination with various cross functional departments - Marketing, Production, Sales, Accounts & Finance.Preparation of MIS reports for Top Management.Directly Reporting Managing Director & Executive Director.Other important responsibilities.DGFTImport & ExportMonitoring & Expedition of Imports & Exports of Raw Material & Finished Goods.Handling of Job Work contract for customers like Essar, Al Ghurail - Dubai, JFE, Hyundai etc.

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.

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 IGL.Procurement of all mechanical items, electrical items & contracts management, hiring of equipments & handling of total Piped Natural Gas project purchase and all relevant procurement activities.Import of material for CGD project from Singapore, China, Italy and other European countries.Preparation of MIS and management reports time to time for monitoring procurement and projects.In-depth bid analysis & expenditure analysis w.r.t. estimates, budgets & last purchases.Carry out commercial evaluation & preparation of bidder’s qualification criteria for different procurements.Selection of different vendors & vendor development for respective requirement.Estimate preparation for respective procurement items & services & budget preparation for projects.Going through the contracts for in-depth understanding for projects.Drafting of contracts, tender, NIT, bidder qualification criteria, ITB & IFB for strategic procurement.Liaisons with vendors supply chain, projects, operations & other relevant department to get the timely delivery & effective procurement of the material.Thoroughly understand the Contract and highlight theContractual obligations of both owner and Contractor.Conduct portfolio / category analysis to identify potential key strategic suppliers, shared suppliers and cost reduction opportunities. Activity head, for implementation of new purchase modes which includes – E Procurement, E- auction, E Tendering, MRP & ARC.

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 Oil Refinery Limited, Bina, M.P.Reliance Industries Ltd. Cross-country project, Kakinada.Grasim Cement Plant, Kotputly, RajasthanBHEL site, SipatG.A.C.L, SuratHaldia Petrochemicals, HaldiaIOCL, Panipat.Madras Cement Ltd. Ariyalur.Adani Port Ltd, Mundra.• 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 project-specific systems and equipment.Evaluated vendors' manufacturing capabilities, sourcing strategies, in-house Quality Control systems, financial strength, delivery schedules, and payment terms.Released Purchase orders and diligently followed up for on-time deliveries.These experiences showcase my ability to navigate complex procurement landscapes, ensuring project success through strategic sourcing and vendor management.#ProjectProcurement #VendorManagement #StrategicSourcing #ProcurementExcellence

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 to gain in-depth understanding.-Coordinated with in-house and external vendors, ensuring procurement within budgeted costs, adhering to quality standards, and meeting specified time frames.-Achieved approximately Rs. Fifty-One Lacs in total savings during the financial year 2007 until November '07 through effective negotiations and E-Procurement, resulting in a 26% reduction in contract costs.-Identified and developed vendors for systems and equipment to meet project requirements.-Evaluated vendors' manufacturing capabilities, sourcing methods, in-house quality control systems, financial strength, delivery schedules, and acceptance of payment terms.-Issued purchase orders and diligently followed up for timely deliveries.-Managed contracts for fabrication, erection, structural and civil jobs, consultancy services, manpower services, bus contracts, canteen contracts, equipment hiring, vehicle hiring, and all mechanical and electrical job contracts, among others at Ispat Industries Limited.

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

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

Bachelor Of Laws - Llb, Law

Graduate Diploma In Materials Management, Materials Management, A

Activities and Societies: Won quiz competetion on Green Purchase.

Certificate Course In Contract Management, Contracts & Procurement, 1St

Certificate In Logistics & Supply Chain, Supply Chain, A+

Studied Supply Chain Management.

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