Manik Kadolkar, Procurement Lead

Manik Kadolkar

Procurement Lead

Emirates Neon Co LLC

Location
United Arab Emirates - Dubai
Education
Master's degree, Business Administration
Experience
11 years, 11 Months

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Work Experience

Total years of experience :11 years, 11 Months

Procurement Lead at Emirates Neon Co LLC
  • United Arab Emirates - Sharjah
  • February 2017 to July 2019

Working on total material requirement, setting up the monthly, quarterly procurement plan.
Ensuring negotiation and managing procurement within agreed timelines and with minimal cost.
Planning and budgeting of purchase functions involving cost estimation, contract negotiation.
Review purchase requests and ensure authorization as to facilitate timely purchase of new products or services.
Preparing and processing requisites, floating RFQs, RFPs, making the comparison sheets and release the PO.
Streamlining the procedure and the system for effective inventory control for ensuring the ready availability of materials.
Regularize the material receipts and ensuring fluidity of stocks from warehouse to stores.
Devising efficient logistics management systems to ensure on time delivery of materials.
Liaison with finance department for timely payment of bills.
Vendor Management:
Identify, source, contract and procure the needed goods or service from qualified supplier.
Evaluating vendors and negotiating the price, quality, delivery schedule, payment terms and conditions.
Implementing technologies, processes, policies and procedures to support purchasing process with the suppliers.
Conducting trainings for vendors to educate them about company’s requirement and help them in improving their performance.
Evaluating vendor’s performance based on price, delivery and quality.
Assisted the Purchase manager in negotiating and administrating the job contracts, labour contracts, annual maintenance contracts for all the units.
Collaborated with the sales team, production, planning and stores about the various requirements.
Maintaining of records like approved vendor list, quality rating as per ISO standards.
Significant accomplishments:
Single-handedly managed the purchase of raw materials amounting to AED25 million per annum.
Introducing OEM for electrical, structural steels etc, hence ensuring best quality, delivery and lowest cost possible.
Contributed towards a record PR-PO conversion of 80% in 7 days (as compared to 45% of previous years).
Contributing to cash-flow cycle by increasing the average credit period from 47 days to 58 Days.

Senior Engineer Purchase at Netalkar Engineers
  • India - Bengaluru
  • August 2015 to July 2016

Responsible for Overall tool requirement, machining oils, coolants, maintenance of CNC department.
Procurement of machine spares and other items required for maintenance department.
Procurement and calibration of gauges and other measuring instrument.
Responsible for maintaining optimum inventory of all the materials in co-ordination with stores.

Senior Engineer Purchase at DME India Pvt Ltd
  • India - Mumbai
  • November 2013 to September 2014

Responsible for the procurement of raw materials required for making mould bases.
Procurement of tooling, inserts, holders etc as required by the production department.
Responsible for calibration, maintenance and AMC contracts for CNC department.
Development of new sub-contractors for the jobs to be outsourced.
Evaluation of the vendors as per ISO standards

Senior Engineer Purchase at ICP India Pvt Ltd
  • India - Bengaluru
  • May 2007 to May 2013

Procurement of structural steels, Aluminium Extrusions and other construction materials required for production and installation of various signage products.
Procurement of ACM, Vinyl, PET-G, acrylic, paints used for enhancing the aesthetics of the signages.
Procurement of electrical and electronic items for the signage products.
Procurement of resins, glass fibers like CSM, rovings and chemicals required for GRP products.
Sourcing of materials from domestic and global suppliers.
Timely clearance of payments and handling vendor queries.
A, B, C classifications of vendors on the basis of criteria like cost, quality, timely delivery. Documentation of records as per ISO standards and reporting to the management.

Assistant to Purchase Manager at CM Envirosystems
  • India - Bengaluru
  • December 2005 to April 2007

Procurement of compressors, condensers, evaporator by co-coordinating with Purchase Manager.
Purchase of sheet material like aluminium sheets CR sheets which make the cabinet of the chambers.
Purchase of valves, electrical and electronic components, controllers etc.
Planning and scheduling for procurement of materials for the various projects.
Sourcing of new vendors and subcontractors for outsourcing of job work.

Education

Master's degree, Business Administration
  • at Indira Gandhi National Open University
  • July 2022

Pursuing MBA

Bachelor's degree, Industrial Production
  • at KLES College of Engineering and Technology
  • June 2005

Specialties & Skills

Logistics
Sourcing
Vendor development
Procurement
teamwork
communication

Social Profiles

Languages

English
Expert
Hindi
Expert
Marathi
Native Speaker
Kannada
Expert

Training and Certifications

Advanced Excel (Certificate)
Date Attended:
December 2019

Hobbies

  • Reading. Watching movies.. Indoor games
    Won 1st prize at college level in Carrom Doubles.