Nishant Neogy, Head of Department

Nishant Neogy

Head of Department

OCTAL SAOC FZC

Location
Oman - Muscat
Education
Master's degree, Supply Chain & Marketing
Experience
16 years, 9 Months

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Work Experience

Total years of experience :16 years, 9 Months

Head of Department at OCTAL SAOC FZC
  • Oman
  • My current job since November 2017

Key Result Areas:
• Ensuring competitive sourcing environment leading to continuous improvement in quality, cost, service and
technology
• Formulating and implemeting long term and short-term commodity and sourcing strategy for India and global
supplies
• Finalizing the specifications of Materials, Vendor Selection, Negotiation, Ordering and Expediting
• Excelling in operational performance, reducing costs & lead times, steering higher quality through acquisition of
correct material and through effective integration of price, quality, inventory positioning & operational considerations
• Facilitating initiatives through the application of standard procurement techniques, negotiation strategy,
collaborative spend analysis; promoting an increase in spend coverage areas to create a sizeable bottom line impact
• Spearheading strategic sourcing team, plant purchasing team and acting as key influencer for internal and external
stakeholders to bring collaboration across value chain of product, plant, supplier and supply chain team
• Verifying the project procurement requirement from the commercial aspect; ensuring adherence to the policies and
guidelines in compliance with in-country taxation rules and sales order management as per process and compliance
• Supervising various reports related to physical layout of warehouse/stores for storage of materials
• Defining the supplier evaluation process in SAP with the help of internal stakeholders, procurement team and IT team
for annual evaluation of service suppliers
• Heading the team in categorisation of items based on OEM, OEM authorised and non-OEM general items
• Maintaining logistics network to ensure timely distribution and delivery of the product, monitoring availability of
stock
• Providing high-quality customer service to ensure client retention & process improvement
• Leading and mentoring cross-functional business teams to address commercial or technical challenges
• Determining training needs of employees to enhance the operational efficiency leading to increase productivity,
quality and enhancement of team

Procurement Lead at Medtronic
  • India
  • May 2012 to October 2017

Headed a team of 4 Procurement and Logistics Executives
Key Result Areas:
• Liaised with GES Directors and GES Project Coordinators for project procurements & global supply chain/purchasing
groups across Medtronic & Covidien Manufacturing locations globally; followed the complete procurement cycle from
STP (Source to Pay).
• Set-up base for contract manufacturing in India / Asia pacific region for manufacture of finished goods (medical)
• Strategized category wise for prototyping (sheet metal, plastics), injection moulding, machining, mould flow analysis,
soft tooling, jigs & fixtures, electronic components, PCB’s and PCBA’s
• Managed AMC’s for HVAC, facility, UPS & server AMC’s, Travel & Fleet Management, Equipment Maintenance AMC’s,
Software & Hardware AMC’s
• Procured general and consumable items (MRO) & capital goods: Equipment’s, Electronic components, PCB’s, Plastic &
Metal prototyping requirements for R&D activities
• Analysed supplier capabilities, conducted supplier audits, developed short term supplier and commodity strategies to
align with CIEC product development initiatives

Deputy Manager at Mitsubishi Chemical Corp. India Pvt. Ltd
  • India - Haldia
  • January 2010 to April 2012

Procurement & SCM
Key Result Areas:
• Managed procurement of high value engineering items such as heat exchangers, pressure vessels, pumps,
compressors, bellows, reactor vessels from global suppliers (US, UK, Japan, Europe, Korea, Malaysia and China)
• Ensured proper import / export documentations like Bill of Lading, Air Waybill, LC’s, Bill of Entry through
continuous communication with global forwarders and customs clearance agents
• Gained functional knowledge of SAP MM module for over 3 years; worked as a part of a 7 member team to analyse
and to improve the existing SAP system

Assisstant Manager at Visa Steel Ltd
  • India - Jajpur
  • May 2009 to January 2010

 EPC: Operations & Projects: Procurement for projects, CAPEX purchase and miscellaneous purchase (Mechanical & electrical, eg: 220 Kv substation project procurement- Transformer, circuit breaker, PLCC, isolators, bus bar, arrestors Furnace, Compressors, fans, Conveyor systems, Pipes etc.,
 RFQ, RFI, RFP, PO& payment advices, coordinating for opening LC’s and coordinating with stores to reduce transportation and storage costs, and accounts for other documentation works. Costing analysis. Material procurement coordination. Responsible for inbound logistics to ensure minimize the time and cost and ensure speedy delivery of materials to the respective departments. Supply Management, Hands on experience on SAP MM, logistics. Coordinating with Accounts for customs clearance and EPCG licence.
 Handling of Air / Sea Port Cargo. Minimizing logistics costs and time for global procurement through transportation mode selection. Dealing with Global vendors. Check transport, demurrage/despatch and other logistic related issues. Handling Inland transportation systems.
 Finding the new sources of material to reduce cost. Finding alternate vendors for better negotiation power. Analysing the price trend of metals and its implications on costing. Search, select, qualify and propose the most competitive suppliers for technical goods, in order to reach the Unit’s targets.
 Vendor development for maintaining long term relations. Preparing master vendor file and continuously improving it. Development and utilization of benchmarking methodologies for supplier selection, development and sourcing maturity assessments.

Junior Manager at JSW Steel Ltd
  • India - Bellary
  • September 2005 to April 2007

 Handled the Operational & Project procurement for Central maintenance department, at commercial department of JSW Steel ltd.

 Inventory management and demand planning for the maintenance and project items for the central maintenance department and ensure timely procurement of these materials.
 Tracking the lead time and alternate vendors for materials to ensure better control over the inventory.

 Understanding the needs of various clients (Departments) and providing them support in terms of vendor selection, equipment selections and carrying out the entire ACVS projects .Prepare the cost Analysis of the project.

Education

Master's degree, Supply Chain & Marketing
  • at ICFAI
  • January 2009

:

Bachelor's degree, Mechanical Engineering
  • at Manipal Institute of Technology
  • January 2005

:

Specialties & Skills

Negotiation
Purchasing
Global Sourcing
Vendor Management
Vendor development
FUNCTIONAL
LOGISTICS
PROCUREMENT
COMPUTER HARDWARE
DEVELOPMENT
PROTOTYPING
PURCHASING
SUPPLY CHAIN

Languages

English
Expert
Hindi
Expert