• Gained experience in Purchase Operations, Supply Chain Management, Material Management and Vendor Relation Management• Experience in implementing cost saving measures to achieve reduction in terms of procurement cost• Skilled in controlling the logistics processes & services at vendors end & providing valuable suggestions for efficiency enhancement• Monitored incoming materials supplied by vendors; ensuring they are as per quality & quantity specifications• Leveraged skills in formulating sourcing & procurement strategies, negotiating, vendor development, materials management and analytical assessment to strengthen the supply chain effectiveness• Capability in striking excellent coordination with all engaged divisions within the organization including logistics, materials management, warehouse, procurement and scheduling or inventory management processes• Played a key role in saving:• Expertise in implementing cost saving measures to achieve reduction in terms of raw materials and procurement
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Deputy Manager PurchaseJsw SteelKarnataka, India -
Deputy Manager PurchaseJsw Steel Apr 2022 - PresentBellary, Karnataka, IndiaLooking after Sourcing & procurement of Expansion project activities like Raw Material – Steel,Paints, Fasteners, Sheeting, Rail,Clamp Accessaries,serice Order and Generla activities(Mechanical & Electrical).• Estimating material requirement (MRP) and cost of projects as per BOM drawings with reference to previous orders and existing rates.• Monitoring and updating Project schedules and report the progress weekly or monthly as per requirement of management.• Raising Purchasing Order in SAP as per the BOM• Sending inquiries to suitable suppliers & vendors as per our requirement & receiving offers • Capital procurement and service contracts.• Vendor Management – Techno Comerical Discussions with Potential vendors on specific material data, sending inquiries for their offers and preparing Technical Recommendation for finalisation of vendors• Techno Comerical discussion with Vendors to suit our requirement.• Arrange and participate for negotiation along with the Purchase Head & Techanical Head.• Communicating with the ordered vendors on dispatch schedule and expediting • Monitoring budget shoot-up, execution and Dispatches delay and documentation for review meetings.• SAP MM Process –PO, GRN, MIGO, SRN, Reconciliation,• Work cross functionally with Marketing & PPC team in-house plate procurement to project Site. • Documentation of files related to projects and Preparing weekly report of outstanding payments of various vendors. -
Deputy Manager PurchaseHalleys Blue Pvt Ltd Oct 2020 - Apr 2022Bellary, Karnataka, India• Managed procurement of Raw Material – Steel, GP Coil, Color Coated Coil, Paints, Fasteners, Sheeting,Purlins, Misc Fabricated items, Mechanical and Electrical maintenance spares, Consumables, PPE items• Capital procurement and service contracts.• Developing new vendors for OEM and Monopoly sources.• Finalization of annual rate contracts for various consumables and general materials which, helps in meetingThe targets and cost effective.• Procurement of cost effective quality material in time with good negotiation skills.• Development of alternative sources for imports to have better costing.Finalization of Logistics Contracts & Preparing techno-commercial comparisons and finalization of Contracts.• Handling of Subcontract activities and Finalization of Scrap rates for disposal.• Finalization of contract for Equipment hiring for project sites• Handling of site related procurement & Inventory control in line with production requirement.
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Junior Manager PurchaseJsw Severfield Structures Ltd May 2015 - Jul 2020Toranagallu, Bellary• Managed procurement of Raw Material – Steel, GP Coil, Color Coated Coil, Paints, Fasteners, Sheeting, Purlins, Misc Fabricated items, Mechanical and Electrical maintenance spares, Consumables, PPE items Capital procurement and service contracts.• Monitoring effective procurement schedules along with ensuring the specifications of the materials; establishing the quality & quantity limits for effective inventory control• Developing new vendors for OEM and Monopoly sources.• Administering sub-contracting activities; performing reconciliation of subcontracting material• Negotiating with vendors for finalizing price, payment terms and delivery schedules• Finalizing annual rate contracts for various consumables and general materials which, helps in meeting the targets and cost-effective• Finalization of Logistics Contracts for Organizing transport for inward materials and goods dispatches• Ensuring the smooth flow of purchase process so that the inventory is at minimum & maintaining good relations with suppliers and taking care of the claims by the supplier & internal Depts• Maintaining records like Pending Purchase Orders list, Comparative Statement• Supervising re-order levels for consumables and production items.• Tracking & maintaining inventory levels in the stores for all items required; managing the inventory levels thereby ensuring optimum use of inventory• Identifying & developing potential vendors / suppliers for achieving cost effectiveness; assessing performance of the vendors based on their competitiveness, reaction capabilities• Sustaining long-term partnerships with suppliers; managing day-to-day supplier performance to ensure meeting of service, cost, delivery and quality norms -
Junior EngineerJanki Crop Ltd Jun 2009 - Aug 2011Bellary• Kiln & Cooler For any supported rotary equipment like kiln, coolers Erection, thrust correction & Repair work, Tire replacement• Roller replacement & Roller bearing replacement & Pinion replacement & Drive alignment• Raw Material Handling Section, Product separation Bin, Utilities• To look over the steady flow of overall operation and maintenance activities, which Consists of Vibrating screen, Jaw cone crusher, Belt conveyor, Magnetic separator Coal importer, Industrial Pumps, and Compressor
Rakesh Kumar V Education Details
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68.12% -
S.E.S Polytechnic College64.45%
Frequently Asked Questions about Rakesh Kumar V
What company does Rakesh Kumar V work for?
Rakesh Kumar V works for Jsw Steel
What is Rakesh Kumar V's role at the current company?
Rakesh Kumar V's current role is Deputy Manager Purchase.
What schools did Rakesh Kumar V attend?
Rakesh Kumar V attended The University Of Texas At Austin, Reva University, S.e.s Polytechnic College.
Who are Rakesh Kumar V's colleagues?
Rakesh Kumar V's colleagues are Shreesh Bhat, Prakash Duvvuri, Luca Bernardini, Arvind Singh, Suraj Kangralkar, Ranvijay Singh, Sanat Patil.
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RAKESH KUMAR V
Chennai -
Rakesh Kumar V
In The Drive To Become Better, Radically Simplifying The Farmland Revolution | Manager @ Mogg'S Estates | Ex - Assistant Manager-Hr |Bengaluru
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