Nikhil Watts, Senior Purchaser

Nikhil Watts

Senior Purchaser

Future Group

Location
India - Ludhiana
Education
Bachelor's degree, Accounting
Experience
8 years, 5 Months

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Work Experience

Total years of experience :8 years, 5 Months

Senior Purchaser at Future Group
  • United Arab Emirates
  • May 2020 to September 2021

Managed 200-250 purchase orders weekly using S.A.P ( Systems, Applications & Products in Data Processing).
•Reduced indirect costs by 4-6% by sourcing new direct suppliers.
•Assessed and mitigated supply chain risks through internal audits, contractual clauses and supplier action plans.
•Approving purchase orders procuring from more than 120 suppliers.
•Achieved fill rate of 97% against sales, as well as milestone of 100 Millions of monthly retail sale in 9 times between 2020 - 2021
•Ensured price maintenance and adequate stock cover through regular checks.
•Oversaw budget to meet organizational purchasing needs for smooth operations. Generated forecasting models to predict supply and demand, using results to inform
•purchasing decisions.

Purchase Executive at Future Group
  • United Arab Emirates
  • March 2017 to May 2020

Assessed product availability against demand to achieve acquisition and delivery targets.
•Monitored logistics to identify bottlenecks, implementing process changes to raise efficiency while maintaining high standards.
•Established and managed relationships with new and existing suppliers to strengthen supply chain.
•Minimised customer complaints by verifying procured items met required quality standards.

Education

Bachelor's degree, Accounting
  • at Punjabi University
  • August 2016

Specialties & Skills

BALANCE SHEET
TAX PLANNING
LEADERSHIP
FINANCIAL STATEMENTS
QUALITY ASSURANCE
FORECASTING
INDIRECT COSTS
MANAGEMENT
PLANNING
OPERATIONS

Languages

Punjabi
Expert
English
Expert
Hindi
Expert