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Procurement professional with more than 26 years experience with expertise in developing and implementing sourcing strategies, e-procurement solutions and COGS reduction initiatives covering direct & indirect spends. - Strategic Sourcing- Implementation of multiple e-procurement solutions including SAP ARIBA- Spend Analysis- Implementation of procurement policies and procedures- Identification of savings leakages- COGS Reduction & avoidance- Vendor Development- MIS Reporting- Risk Management
Ve Source Global Llc - Fz (Www.Vesourceglobal.Com)
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Founder, Sourcing Partner & Procurement StrategistVe Source Global Llc - Fz (Www.Vesourceglobal.Com) Aug 2020 - PresentDubai, United Arab EmiratesVisit our Website to know more...........www.vesourceglobal.com
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Procurement Manager - DirectsMasafi Llc Apr 2018 - Jul 2020Dubai, United Arab EmiratesManaging 250+ stock keeping units (SKU) spread across categories of Resins, Polymers Paper, Paper Pulps & Agricultural Products, Fruit Pulps & Concentrates, Flavours, Ingredients, Flexible Packaging, Corrugated cartons, chemicals etc across two plants.Championed AED 120 Mio annual spend; regulated team of one non-managerial staff. Negotiated best prices with vendors and verified smooth procurement of Raw & Packaging Materials. Supported continuous factory operations and regulated… Show more Managing 250+ stock keeping units (SKU) spread across categories of Resins, Polymers Paper, Paper Pulps & Agricultural Products, Fruit Pulps & Concentrates, Flavours, Ingredients, Flexible Packaging, Corrugated cartons, chemicals etc across two plants.Championed AED 120 Mio annual spend; regulated team of one non-managerial staff. Negotiated best prices with vendors and verified smooth procurement of Raw & Packaging Materials. Supported continuous factory operations and regulated existing supplier relationships; procured sustainable supplies and managed vendor development. Budgeted purchasing activities and implemented new systems including e-procurement strategies. Show less -
Procurement Excellence ManagerAgthia Group Pjsc Apr 2017 - Mar 2018Dubai, United Arab EmiratesAgthia Group PJSC is a leading Abu Dhabi based food and beverage semi government company consisting an excellent portfolio of integrated businesses and brands providing high quality, trusted, and essential food and beverage products for customers and consumers across the GCC, Turkey, and the wider Middle East.Principal Responsibilities• To recognize, understand and contribute towards the medium to long-term objectives of the Procurement Department and to support the Procurement… Show more Agthia Group PJSC is a leading Abu Dhabi based food and beverage semi government company consisting an excellent portfolio of integrated businesses and brands providing high quality, trusted, and essential food and beverage products for customers and consumers across the GCC, Turkey, and the wider Middle East.Principal Responsibilities• To recognize, understand and contribute towards the medium to long-term objectives of the Procurement Department and to support the Procurement Director – Indirect in the execution of the Procurement Business Plan • Lead, define and deliver a complete end to end Procurement service for a defined set of Categories using a Category Management process with clear [short, medium and long-term] fiscal and service targets for delivery• Responsible for building strategic relationship with key vendors considering all the stake holders interest • Tender management / e- tendering and administration for high value and high priority requirement; manage the supply contracts for indirect materials. cost reduction initiatives, review and approval• Manage Negotiation Process with service providers/vendors covering costs, commercial and contractual terms etc• Formulates the supply strategy for relevant product categories • Manage multiple procurement projects simultaneously, prioritize according to company's strategic, financial and operational requirements • Responsible for preparing and publishing tender documents• Develop a database of high end suppliers and spearhead negotiation discussions• Manage supplier selection and evaluation• Conduct Techno commercial evaluations of supplier bids and align with stakeholders• Recommendation with justification on awarding of contracts• Overall management of contracts across the Group• Manage, train and mentor the buyers group • Analyze and implement KPIs for the team and ensure continuous personal development programs are in place. Show less -
Procurement ManagerMasafi Llc Apr 2008 - Feb 2017Corporate Office In DubaiMasafi & Co. LLC, UAE as Purchase Manager - April 2008 to February 2017A premium brand in the Middle East with interests in Water, Tissue Paper, Juices, Gourmet & part of the Al Ghurair Group. I manage the Companywide Purchases of Raw Material, Spares & other products. Principal ResponsibilitiesHeading the Procurement, MRP, Ariba e-sourcing & spend management solutions of the companyMain KPIs/KRAsReduction in COGSPrice variance over budgetSavings… Show more Masafi & Co. LLC, UAE as Purchase Manager - April 2008 to February 2017A premium brand in the Middle East with interests in Water, Tissue Paper, Juices, Gourmet & part of the Al Ghurair Group. I manage the Companywide Purchases of Raw Material, Spares & other products. Principal ResponsibilitiesHeading the Procurement, MRP, Ariba e-sourcing & spend management solutions of the companyMain KPIs/KRAsReduction in COGSPrice variance over budgetSavings generated through e-auctionsInventories ValuationExpiry of Raw MaterialImplementation of Ariba’s Sourcing & Spend Analysis Platform across many business verticalsCategorizing of Spends (Indirect, Direct)Identifying savings leakage and securing savingsAnalyze & develop RFP, RFQ’s and RFI based on requirementManage and ensure that savings targets are achieved and implemented through Ariba.Complete responsibility of the procurement of raw materials, packing materials, spares and other items including Capital items Purchases.Tracking the commodity markets covering Plastics, Concentrates / Fruit Crops, Sugar, Currencies etc. to insulate the company from rampant fluctuations. Price negotiation for key input raw materials to ensure lowest possible costs.Identifying and analyzing risks associated with raw material procurement (Price, Volume, etc.) and designing strategies to mitigate the same.Complete ownership and responsibility of the strategies followed for achieving the best possible scenarios for the company.Evolving a philosophy of buying from the source / manufacturer directly thereby eliminating middlemen.To lead a team of members and guiding them to achieve the desired departmental objectivesACHIEVEMENTS;Redefined the methodology to procure major raw materialsPositive budget variances in all the years of execution.Average inventory days of 30 days Successful implementation of e-sourcing solutions and realization of identified savings generated through e-auctions Show less -
Asst. Manager Supply ChainNational Biscuit Industries Ltd Saog Apr 2004 - Mar 2008Sultanate Of Oman
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Executive LogisticsIffco Group Jun 1999 - Sep 2001Dubai, Uae -
Export CoordinatorOman National Dairy Products Co. Ltd. (S.A.O.G.) 1996 - 1999 -
Sales CoordinatorIffco Group Sep 1994 - Jun 1996Sharjah, Uae
Vimal Kumar Skills
Vimal Kumar Education Details
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Bhartiya Vidya Bhavan (Bhavans)Business Management
Frequently Asked Questions about Vimal Kumar
What company does Vimal Kumar work for?
Vimal Kumar works for Ve Source Global Llc - Fz (Www.vesourceglobal.com)
What is Vimal Kumar's role at the current company?
Vimal Kumar's current role is Founder, Ve Source Global LLC-FZProcurement Expert with 27+ years experience in Middle East providing procurement subject matter expertise and insight in to a range of international and local clients.
What is Vimal Kumar's email address?
Vimal Kumar's email address is as****@****hoo.com
What schools did Vimal Kumar attend?
Vimal Kumar attended Hbx | Harvard Business School, Bhartiya Vidya Bhavan (Bhavans).
What are some of Vimal Kumar's interests?
Vimal Kumar has interest in Stock And Commodities.
What skills is Vimal Kumar known for?
Vimal Kumar has skills like Procurement, Supply Chain Management, Negotiation, Strategic Sourcing, Logistics, Inventory Management, Forecasting, Management, Mrp, Fmcg, Business Strategy, Budgets.
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Vimal Kumar
Adept In Sovereign Debt Management, Credit Ratings, Risk Management, Internal Audit, Governance, Project/Program ManagementAbu Dhabi Emirate, United Arab Emirates1gmail.com -
Vimal Kumar
Solution Architect @ Abu Dhabi Commercial Bank | Digital Transformation | Agile | Banking PlatformAbu Dhabi -
Vimal Kumar
Assistant Director Of Food & Beverage At Southern Sun Hotel Abu DhabiAbu Dhabi Emirate, United Arab Emirates3radissonblu.com, gmail.com, theroyalgolfclub.com -
Vimal Kumar
Dubai, United Arab Emirates -
Vimal Kumar
Cdcp#105191. Driving Organizations Towards Building High-Performance & Energy-Efficient Data Centers.Abu Dhabi Emirate, United Arab Emirates1gmail.com
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