OFFICER - PROCUREMENT & CONTRACTS
Ducasr Factory LLC
Total years of experience :7 years, 6 Months
• Spearheaded end-to-end Procure-to-Pay operations at Ducast Factory LLC, ensuring seamless procurement processes.
• Successfully implemented a comprehensive SCM cycle within SAP-HANA for Ducast Factory LLC, enhancing supply chain efficiency.
• Cultivated enduring partnerships with vendors, negotiating Annual Rate Contracts to achieve competitive pricing and material cost savings.
• Conducted thorough market analysis to compare vendor prices, enabling strategic financial decision making.
• Proactively managed inventory levels, orchestrating timely procurement to prevent stock shortages and production delays.
• Oversaw multiple project developments, including the acquisition of advanced machinery to boost Ducast Factorys production capabilities.
• Diversified supplier base, ensuring a robust material master list to support uninterrupted manufacturing operations.
• Formulated and managed procurement budgets, focusing on cost reduction and eliminating superfluous spending.
• Renegotiated and optimized existing contracts, achieving favorable terms and conditions with key suppliers.
• Compiled and presented detailed procurement reports to the CEO, offering insights into procurement performance and opportunities.
• Implemented stock optimization strategies, significantly reducing product wastage and enhancing inventory management.
• Maintained accurate inventory tracking, ensuring up to-date records of item quantities within company databases.
• Executed comprehensive risk assessments and forecasting for potential contracts, informing prudent business decisions.
• Managed import documentation and logistics cost negotiations, streamlining international procurement operations.
Performed procurement and sub-contract activities within established purchasing procedures by Receiving requests, talking to vendors, examining price suitability.
Implemented procedural changes and executed systems..
Converting maximum material in ARC (Annual Rate Contract) where consumption is regular.
Negotiate contract prices and terms and conditions where business impact/value/risk is deemed high, to ensure that the Company’s best contractual and commercial position is attained
Reviewed the supplier’s inspection test plans and project specification.
Periodicals spend analysis and report MIS for management review & decision making.
Handling complete MSL purchasing and maintaining minimum level stock.
Handling complete Mechanical, Hydraulic, Utility and Heavy Machineries purchasing.
Procuring Plywood, White Woods from all around the world.
Handling Raw Material in absence of concerned.
Buying the Structural Material (Steel, Channels, Angles, and MS Plates) at minimum cost.
Monitoring and managing supplier performance.
Focused on converting most material in Annual Rate Contract.
Training up and then supervising junior buyers in the company
Placing orders and monitoring delivery dates.
Sourcing new suppliers and finding out what they have to offer.
Assisting with following up overdue accounts for payments.
Maintaining and developing an approved suppliers list.
Determine the needs of the company in regard to machinery and supplies necessary for safe operation and adjust inventory accordingly.
Research and meet with potential suppliers to compare products, prices, and lease terms, and make the best decision for the company.
Negotiate sales agreements with selected vendors to get the best value, and periodically revisit and renegotiate contracts for the duration of the business relationship
Handling Procurement of various foods and daily based fresh products.
Monitoring and managing supplier performance.
Placing orders and monitoring delivery dates.
Maintaining and developing an approved suppliers list.
Assisting with following up overdue accounts for payments.
Negotiate sales agreements with selected vendors to get the best value, and periodically revisit and renegotiate contracts for the duration of the business relationship
To handle the procurement of spares parts and following up direct with TATA Motors for timely delivery.
Managing a team of 10 workers.
To handle all the documentation work
Identified and corrected performance issues.
Participated in special projects, external audits, evaluations and process improvements.
Assisted machine operators with finished pieces.
Responsible for achieving production requirements.
Trained staff of 10 direct labor employees to perform assembly and manufacture of product.
Estimated costs and set quality standards.
Coordinated procedures for facility and equipment maintenance or modification, including the replacement of machines.
Prepared and maintained production reports and personnel records.
Responsible for the selection and maintenance of equipment.
Tested products or subassemblies for functionality or quality.