PROFILE SUMMARY • Unique blend of leadership offering 15 years of rich & extensive work experience across Supply Chain Management/ Purchase; currently associated with Madras Security Printers as Senior Purchase Executive• Rich experience in mapping client's requirements and providing them best solutions involving evaluation and definition of the scope of the project and finalization of the project requirements • Strategist & implementer in driving Continuous Process Improvement (CPI) process by managing and directing supply chain scorecard for the region; monitored performance by highlighting progress and areas to improve• Successfully completed certification on SAP MM Module• Tactical & articulate in ensuring end-to-end management of multiple projects from conceptualization & visualization to technology mapping and final execution of projects• Interfaced with cross-functional departments (Marketing, Finance, PD, QA) for ascertaining demand plans of materials, budgeting and planning funds for logistics and sourcing materials• Formulated strategies for ensuring smooth functioning of Cost Optimization, Operations efficiency, Vendor Management, Equipments & Transportation P&L, Warehouse & so on • Experienced in managing vendors, followed up to avoid any delay; maintained budget for import sources; achieved reduction in freight cost by 11% and damage during transit by 19%; increased warehouse efficiency, stock control & dispatch by ensuring inventory accuracy at 99% • Possess outstanding interpersonal, presentation and project co-ordination skills with proven skills to interact effectively with Suppliers, Contractors, Sub-contractors and Management at all levels• Expertise in working with suppliers for day-to-day operational quality issue, establishing long-term partnerships with them, facilitating their evaluation & rating and developing supplier assessment systems• Accomplished significant and sustained savings and improved cash flow through longer payment terms and reduced supplier lead-times• Reviewed suppliers’ outstanding billings and recommended payments in accordance to the priorities of business and contractual terms• Supported Procure-To-Pay (P2P) cycle including internal demand management, specifications standardization, RFX creation, & management, auctions, bid evaluation, coordination with other departments, negotiations, PO administration & other post order activities
Madras Security Printers
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Senior Executive PurchaseMadras Security Printers Sep 2022 - Present• Reviewing all Supply Chain processes like PO release, Supplier Scheduling, Supplier Schedule adherence and performance mapping, Supply/demand alignment, Inventory management, Supplier capacity assessment; preparing PO's in Excel system and releasing the same to suppliers • Collecting quotations from various vendors against purchase requisition; making a comparison of received quotations for rate, quality for analysis and finalization • Receiving the purchasing indents from various departments • Collecting quotations from various vendors against purchase requisition
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Dispatch SupervisorItc Limited May 2022 - Jun 2022Chennai Area, India• Communicated and interfaced with plant manager, staff and others in or outside the operation, concerning all matters that affect the well-being of the operation when related to the materials function• Loaded the materials as per the customer requirement to both local and international as well as loaded both the container and ful- truck load • Unloaded the Material in warehouse as per the requirement; monitored the inventory as per company norms • Sent the inward and outward report on daily basis to Head office • Informed about the damaged and open bags received; sent the inward and outward report on daily basis to Head office; informed about quality issues in stock on daily basis, the shorts received in quantity and also about the closing stocks on a daily basis to Head Office • Directed the daily activities of the warehouse, including labor scheduling, supervision and proper utilization of space and equipment -
Senior Materials EngineerSimpson & Co. Ltd. Dec 2020 - Dec 2021Chennai Area, India• Spearheading the end-to-end Supply Chain Process; monitoring supply chain readiness across different branches to meet finalized targets• Assessing gaps & areas of improvement and implementing corrective steps to enhance process efficiency• Identifying procurement needs and establishing best-in-class global sourcing strategies at the lowest total cost of ownership; developing vendors for better price, quality, delivery & increased volumes • Facilitating in-depth analysis, spend analysis, supplier assessments, financial perspective and market analysis to be used to improve the supply chain and help leverage the supplier base & reduce costs• Following up with various vendors to bring material on time with right quantity and right quality and ensuring nil stoppages of Production line• Developing alternate sourcing for the critical items there by ensuring cost reduction. raising the purchase order and handing the same to supplier• Ensuring reduction in inventory by transfering the same to spares warehouse and other plants of the company by saving 30 lakhs of the cost; implementing DCO and ECO at right time• Monitoring suppliers performance on delivery, quality and on quantity and sending scorecards on monthly basis to supplier• Ensuring CAPA are collected from the suppliers there by ensuring the same issue is not repeated again• Suggesting process improvement initiatives and adhering kaizen one per month• Monitoring the rejection disposal and sending the rejection materials on time to supplier• Ensuring GRNS are made immediately there by ensuring payments to suppliers on time• Coordinating with external agencies for techno-commercial negotiations, preparation of tender / contract documents, cost estimates, including billing, variation proposals, and so on -
Senior Engineer - Supply ChainFord Motor Company Mar 2013 - Jan 2018Chennai Area, India• Facilitating following up of all imported parts list sourced across the globe to support production across all Ford manufacturing plants in the Asia Pacific and Africa region• Ensuring effective generation and analysis of critical imported parts list from the material planning system and liaison with suppliers on daily basis for shipments• Contributing towards highlighting any potential production risk to plants and involve other departments as required• Monitoring various options available for assistance from other alternative material sources and co-ordinate accordingly• Managing arrangement of airfreight of critical parts for Ford plants across the Asia Pacific region in a timely manner, analyze and allocate cost responsibility for each airfreight and get concurrence from relevant party• Making sure supplier/ part resourcing are done effectively and updated in the system after consultation with the plant, supplier and purchasing• Instituting inventory management by analyzing under shipments and over shipments on regular basis, identification of the root causes and resolution• Regulating the carrier efficiencies by checking for transit delays and analyzing the root cause in consultation with the Logistics providers• Imparting support to the customer plants incase of claims by facilitating the process with the supplier
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Deputy Manager – MaterialsAshok Leyland Jan 2007 - Feb 2013Chennai Area, India• Acknowledged as VOR Champion for the Ennore unit to assure the customers that if a vehicle was off road for want of a particular component, the vehicle would be restored to working condition within 24 hrs by providing the necessary component to customer• Achieved 100% VOR indents from customers Hours• Track record of identifying non-moving items in units and transferred the same to spares warehouse for which requirements were there and also vice-versa, by which about 200 lakhs reduction in non-moving inventory were achieved
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Senior Engineer – MaterialsSimpson And Co. Ltd. Jul 2004 - Jan 2007Chennai Area, India• Pivotally devised schedules based on production plan using ERP 11i• Adjudged for spearheading FIFO system for shelf life items like radiator hoses, O-rings and so on thereby giving better service to customers as per the requirement • Played a key role in reducing the usage of carton boxes and plastic covers by introducing recycle bins at the suppliers end
Sridhar Venugopal Education Details
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Operations Management And Supervision -
First Class
Frequently Asked Questions about Sridhar Venugopal
What company does Sridhar Venugopal work for?
Sridhar Venugopal works for Madras Security Printers
What is Sridhar Venugopal's role at the current company?
Sridhar Venugopal's current role is Supply Chain Management/ Purchase - Looking for new opportunities.
What schools did Sridhar Venugopal attend?
Sridhar Venugopal attended Indira Gandhi National Open University, University Of Madras.
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Sridhar Venugopal
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