Procurement Manager
Current• Managed the procurement process for multi billion dollars infrastructure / construction projects, ensuring timely delivery of materials and equipment, resulting in substantial reduction in project timeline and achieved cost saving of 18 % of the procurement budget. • Developed and implemented a strategic sourcing plan that resulted in a 15% reduction in procurement costs and a 20% increase in supplier performance.• Negotiated long-term contracts with key suppliers, securing a… Show more • Managed the procurement process for multi billion dollars infrastructure / construction projects, ensuring timely delivery of materials and equipment, resulting in substantial reduction in project timeline and achieved cost saving of 18 % of the procurement budget. • Developed and implemented a strategic sourcing plan that resulted in a 15% reduction in procurement costs and a 20% increase in supplier performance.• Negotiated long-term contracts with key suppliers, securing a substantial cost savings and ensuring a stable supply chain for critical materials. Renegotiated the existing / ongoing contracts and secured additional savings up to 12 %.• Implemented a supplier scorecard system to monitor and evaluate supplier performance, resulting in a 25% improvement in on-time delivery and a substantial reduction in quality issues.• Developed and implemented a comprehensive supplier management system to ensure compliance with policies and regulations.• Developed and implemented Risk mitigation strategies.• Managed finalization of list of the qualified bidders for work to be subcontracted, obtaining necessary approval from the Client and other stakeholders.• Implemented & managed policies for robust Material Requisition process, Inventory Management, RFQ, Bid Facilitation, Contracts Management, Negotiations & Award, Approvals & Compliances, Scope change management, Project Schedule Support and Dispute Resolution.• Regular interaction with Consultant and Client for various issues related to procurement, advising expediting strategies in order to meet project deadlines.• Submitting weekly & monthly reports/MIS to CEO/Directors (Project-wise Budget v/s Expenditure, Spend Analysis, Cost Saved, Issues, Lesson Learned Report etc) Show less