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Prashant Jain, Head Procurement Packaging Materials

Prashant Jain

Head Procurement Packaging Materials ·Reckitt Benckiser

India

Bachelor's degree, Mechanical

Work experience

Total years of experience: 18 years, 10 months

Head Procurement Packaging Materials

April 2023 - Present

Reckitt Benckiser

Gurgaon, India

April 2023 - Present

Lead Packaging Procurement team, Spend 100mGBP+, Team 5.

Company industry:
FMCG
Job role:
Management

Procurement Manager South Asia

May 2014 - Present

Reckitt Benckiser

Gurgaon, India

May 2014 - Present

Lead Capex, R&M, Purchase for South Asia

Company industry:
FMCG
Job role:
Purchasing and Procurement

Sourcing Specialist

February 2009 - March 2010

General Electric Co

February 2009 - March 2010

Company industry:
General Engineering Consultancy
Job role:
Purchasing and Procurement

Associate Manager

July 2003 - February 2009

Sterlite Industries (I) Ltd (Vedanta Group Co

July 2003 - February 2009

CURRENT RESPONSIBILITIES IN RB:
• Set and lead NPS purchasing priorities aligned with business priorities/strategies
• Leverage Global knowledge and contribute actively in achievement of business objectives
• Analyze local portfolio, identify, prioritize and deliver cost saving opportunities and manage vulnerabilities
• Lead multifunctional supplier selection process to optimize costs with increasing spend coverage
• Develop spend management processes to ensure optimal level of purchasing involvement & sustainable
control of costs in covered areas of expenditures (with support from stakeholders & in line with best practices)
• Partner with Commercial & create manufacturing capacities (inhouse/3rd
party) for new launches & capacity
enhancements
• Provide local support for the execution of Global/Regional NPS projects
• Leading & support PPM’s for efficiently managing procurement of 6 factories & various co-packers
• Sourcing includes areas like Spares, Consumables, Capital Projects, Primary Freight. Lead commercial
categories Till Jul’2015 like IT, Telecom, Professional Services, Facilities, Management, Travel, Cars, Hotels,
Promotional Items etc.
• Achieve Cost reduction targets as defined by Senior Management
• Additionally, leading tasks like land/factory disposal, Office renovation, DC modernization, Solar PPA
• Drive NPS purchasing locally: -
❖ Increase strategic approach in NPS purchasing & visibility on value delivered
❖ Drive the agenda by being proactive in setting up priorities
❖ Understand key cost and price drivers for key categories
❖ Enable fact based decision making using TCO etc.
Noteworthy credits
RB:
• Signed first ever Power Purchase Agreement in RB for sourcing solar power
• Delivered savings of 20+ % YoY in capital sourcing
• Implemented OAS for NPS approvals, e-auction for NPS categories and Capex sourcing procedure
RESPONSIBILTIES IN GSK:
• Lead PAN India capital Projects procurement including 3rd
Party Sites
❖ Major assignments @Sonepat- Capacity enhancement 25mGBP(Project Destiny) in coordination with GCP
❖ Additionally lead Pharma plant expansion sourcing @Nasik - Eltroxin/Ampoules/Remediation-25mGBP
• Active procurement partner to support new Greenfield Factory set up(100m GBP)
• Sourcing Lead for Project Jaguar to formulate sourcing strategy, create supply chain model for various
ingredients sourcing & flavor manufacturing set up in close working with R&D & Global teams
• Identify & develop quality approved suppliers in line to standard sourcing procedure including due diligence
ensuring AQSCI
• Formulating corporate strategy for capex, site indirect expenses & vendor consolidation
• Build Partnership with functions and ensure that purchasing is involved at early stage of purchasing process
• Ensure Compliance in procurement to pay process
• Liaise & Leverage Global knowledge and contribute actively in achievement of business objectives
• Monthly Cost reporting & update Senior Management with latest commitments & fore cast
• Execution of contracts & Managing Change Controls to monitor cost
• Expediting with consultant/vendors
• Supporting site Finance for OPEX & future year CAPEX
• Checking, certifying contractor bills, managing project materials stores, logistics etc
Noteworthy credits
GlaxoSmithKline:
• Lead Project Procurement independently for Capacity Enhancement Project from 36KT-54KT, Value 26M GBP
• Awarded Special award from Asia Pac Director for delivering saving more than 1Mio GBP
• Awarded India Management Team award for ensuring ordering in line to Project Schedule
• Awarded GCP (Global Capital Projects) award for executing HSS (High Seas) agreements/direct imports
RESPONSIBILTIES IN GE:
• Study & analysis of cost driving factors for Oil & Gas products
• Establishing new cost models for various Oil & Gas Product Range
• Extending support sales team in making sales proposal using cost modeling
RESPONSIBILTIES IN STERLITE:
• Headed the Commercial functions of Green field project of Gold Refinery (PMR) & Continuous Copper
Rod(CCR) Plant at Fujairah (UAE), Worth 10m GBP.
• Sourcing of plant & machinery from across the world & arranging delivery at UAE Site
• Project feasibility & Costing of upcoming Capital Investments for Business(150mGBP)
• Capital procurement(Annually>10mGBP) of the Sterlite Industries (I) Ltd, Tuticorin plant for more than 3 years
• Established local vendor database through vendor evaluation/development/performance analysis
• Ensured accurate and economic costing and understanding of the competition, market trends & taxes
• Vigilance of project expenditure versus actual budget to avoid overrun of cost
• Awarding major contracts on turnkey basis to ensure single point responsibility & fast execution
• MIS reporting to facilitate decision making by top management
Noteworthy credits
Sterlite Industries:
 Successful completion of Green Field Project-Precious Metal Refinery at Fujairah (UAE)
 1st
Prize in TQM’08 for successful completion of Improving “On Time Delivery”
 Awarded CEO Kitty (2006) for significant savings & timely completion of Selenium Project.
 Adjudged as the Employee of the month (2004) for successfully revamping inter heat exchanger.
 Successful completion & implementation of TQM’05 i.e. Lime handling project in PAP, breakthrough in Gypsum
sales and qualified for ASQ award
 Played key role in successfully implementing power conservation Project, ” Reducing 98units/ton of sulphuric
acid to 88 units/tons
 Designed, developed Sulfuric acid Barge loading system & FRP sleeve to enhance Pump life

Job role:
Management

-

-

Healthcare

-

Bharat Heavy Electricals Ltd

India

-

Company industry:
General Engineering Consultancy

Education

Maulana Azad National Institute Of Technology

June 2003

June 2003

Bachelor's degree, Mechanical

India

Skills

Team Development
Expert
Team Development
Expert
Project Management
Expert
Project Management
Expert
Vendor Management
Expert
Vendor Management
Expert
Procurement
Expert
Procurement
Expert
Negotiation
Expert
Negotiation
Expert
DC
Expert
DC
Expert
DECISION MAKING
Expert
DECISION MAKING
Expert
ACID
Expert
ACID
Expert
APPROACH
Expert
APPROACH
Expert
BUDGETING
Expert
BUDGETING
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CEO
Expert
CEO
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CONSULTING
Expert
CONSULTING
Expert
CONTRACT MANAGEMENT
Expert
CONTRACT MANAGEMENT
Expert
COST CONTROL
Expert
COST CONTROL
Expert
DATABASE ADMINISTRATION
Expert
DATABASE ADMINISTRATION
Expert

Languages

English

Expert

Hindi

Native Speaker