Assistant General Manager - Procurement
Current➼ Awarded "The Rising Star Award" 2021-22 for outstanding leadership and contributions to the Procurement workstream.➡ Regular Procurement Channel ● PAN India Regular Channel's ownership contributes to ~40% of overall purchases. ● Margin Management ● Vendor Exploration and New Onboarding for PAN India.➡ New Initiatives & Project Management● Vendor Term Negotiation – Monitor vendor terms and margin leakages regularly.● Automation and Demand Planning – Partnered with Analytics to optimize manual effort.● Vendor Portal – Ongoing project to provide end-to-end accessibility to vendors. ➡ Vendor Relationship Management● Rewards & Recognition Program with tracking of Vendor Performance Score with actions.● Liaising with all internal departments such as Operations, Finance & Legal to improve processes.● Payments and working capital management for all the active vendor partners.➡ Purchase Return Management● Develop and implement strategies to manage and streamline the purchase return process, ensuring compliance with regulatory guidelines.● Collaborate with vendors and suppliers to resolve return-related issues, negotiate return authorizations, and ensure timely credit processing.● Analyze data and trends to identify the root causes of returns and implement corrective actions to reduce return rates percentage from 4% to 1%. ● Optimize inventory control processes, including forecasting, demand planning, and reorder point optimization.● Work closely with cross-functional teams, including procurement, logistics, and finance, to improve overall supply chain efficiency.● Prepare regular reports and presentations on return metrics, trends, and cost analysis for top management.
