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Procurement and Inventory Management Expert

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0% found this document useful (0 votes)
57 views4 pages

Procurement and Inventory Management Expert

Uploaded by

aryamaan.jsr
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

RANJEET KUMAR

Mobile: 06203852681 ~ E-Mail: [email protected]

Executive Summary

 A result-oriented leader with 21 years of experience in Procurement, Materials Management,


Vendor Development, Technology transfer, Inventory and Team Management.
 Expertise in procurement and contracts management activities involving planning, techno-
commercial negotiations.
 Ensuring optimum inventory levels for achieving maximum cost savings without hampering the
operations.
 Successfully increased vendor base & developed vendor performance evaluation and
improvement program.
 Proven ability in establishing quality system at suppliers end and providing technical assistance
to suppliers.
 Skilled in preparing, maintaining and presenting various reports on current cost saving
initiatives, comparison of actual performance on delivery, quality and cost with respect to
annual procurement plan, etc.
 Identifying and implementing business process reengineering projects to improve system
performance.
Qualifications

 2009 - PGDM-VLM/MBA from Indian Institute of Management (IIM), Calcutta with 7.15
/10(CGPA).
 2002 - B. Tech. (Mechanical Engineering) from N.I.T. Durgapur with 7.18/10(CGPA).
 1997 - XII from Bihar Intermediate Education Council, Patna with 61 % marks.
 1995 - X th from Bihar School Education Board, Patna with 68% marks.

Core Competencies

Procurement Management:
 Directing the development and implementation of key purchase / procurement strategies,
contingency plans and ensuring that plans are aligned with requirements.
 Identifying and developing potential vendors locally for the right sourcing, achieving cost
effective purchases of supplies, etc.
 Planning, organizing and controlling all requisite activities to perform such as techno –
commercial evaluation, negotiation, recommendation, ordering, inspection, expediting &
tracking, reporting, logistic and delivery, payment processing, etc.
Materials Management:
 Finalizing the specifications of materials, establishing quality & quantity limits for effective
inventory control and reducing wastages.
 Streamlining systems and procedures for effective inventory control for ensuring ready
availability of materials to meet production targets.
Inventory Management:
 Maintaining optimum stock level for inventory and setting norms for the same for timely
availability.
 Ensuring optimum inventory, handling disposal of scrap to achieve cost savings without
hampering the projects works/production. Spearheading cost reduction initiatives consolidating
tasks, eliminating non-value-added processes & complete re-engineering of processes and
systems.
 Making effective use of cost analysis tools in support of strategic sourcing process,
procurement costs, cost reduction metrics and bottom line performance indicators.

Vendor Development:
 Assessing the performance of the vendors based on various criteria such as percentage for
rejections, quality improvement rate, timely delivery, credit terms, etc.
 Assisting vendors in various processes / systems and providing them suggestions for improving
process efficiency.
Organizational Scan

Since Dec 2013 at Tata Steel Ltd , Jamshedpur ( Sr. Area manager - Bulk procurement &
Industrial gas)

 Successfully involved in:


 Leading team for creation of merger document and seamless merger of TSLPL with Tata Steel
Ltd.
 Procurement of Ferro Alloys, Refractory, Graphite Electrode, operational consumables, Fuel
and Industrial gases.
 Review and manage bulk item requirement with user and ppc team.
 Delivery management of all bulk category material and industrial gas to maintain sufficient
inventory.
 Drive VMI projects to optimize cost ,inventory and reduce working capital of company.
 Leading Shikhar initiates for cost optimization and process improvement.
 Driving SRM, Supplier day, idea generation session to create valuation addition partnership
between TSL and vendor partners.
 Reviewing MIS related to Budget Vs. Expense. Inventory Analysis and its optimization.
 Medium- and long-term contract decision considering macro and micro economic situation.
 Develop new vendor, import substitutions, value analysis to reduce lead time, inventory, and
cost.

Since April 2018 to Nov 23 at Tata Steel long Product Ltd , Jamshedpur ( Divisional head -
Strategic Procurement )- Tata Steel company merged with Tata Steel from 1 st Dec23.
Key Highlights:
 Successfully involved in:
 Procurement of Ferro Alloys, Refractory, Graphite Electrode, operational consumables, Fuel
and Gases.
 Indigenous bulk raw material like dolomite, quartzite, bentonite and lime stone powder.
 Custom related activity management for imported material.
 Effective implementation of SOPs related to purchase function of the company
 Material planning as per ABP/ Monthly plan or requirement received from user.
 Ordering decision and creating mechanism of achieving optimum price.
 Medium- and long-term contract decision considering macro and micro economic situation.
 Develop and Prepare mechanism for MIS report, its analysis and action plan
 Reviewing MIS related to Budget Vs. Expense. Inventory Analysis and its optimization.
 Seamlessly coordinate with suppliers, sectional /departmental head for availability of material
as required.
 Identify and implement business process improvement projects with user department related to
purchasing mechanism improvement, cost saving and lead time reduction.
 Develop new vendor, import substitutions, value analysis to reduce lead time, inventory, and
cost.
 Guide and review Shikhar initiative projects to achieve cost saving target.
 Work distribution among team members to get optimum result and guiding them for execution
 Training, managing & motivating team members to achieve organizational objective

Jan 2017 to March 2018 at Essar Steel Ltd, Paradeep ( DGM-Procurement & contract)
Key Highlights:
 Successfully involved in:
 Import of power plant coal, anthracite coal, limestone, and Bentonite.
 Procurement of operational consumables, Furnace oil and HSD.
 Procurement of engineering spares.
 Equipment hiring, service contracts, import material logistics and port clearance.
 Effective implementation of SOPs related to purchase function of the company
 Follow up for timely issuance of contracts in line with schedules and resolution of conflicts and
contract closure.
 Review/checking of MIS related to Budget Vs. Expense. Inventory Analysis and Optimization.
 Analysis of different SAP report and implementation of improvement initiative.
 To understand the requirement, float enquiries for the materials &service, obtaining competitive
quotations, Negotiation, compare and decide on sourcing.
 Seamlessly coordinate with suppliers, contractors, sectional /departmental head for material
and service availability.
 Responsible for materials stock, Review of PR & PO, PR Vs material receipt status, status of
material against Open PR & PO..
 Develop new vendor, import substitutions, value analysis to reduce lead time, inventory and
cost .
 Rate contract with supplier for high consumption items, service contract with OEM for easy
working of equipment’s installed.
 Develop and Prepare mechanism for MIS report, its analysis and action plan.
 Identify and implement business process improvement projects to improve purchase
mechanism, cost saving and reducing lead time.
 Work distribution among team members to get optimum result and guiding them for execution
 Training, managing & motivating team members to achieve organizational objective

Since Dec 2012 to Dec 2016 at Kalyani Steels Ltd,Hospet as Sr.Manager.


Key Highlights:
 Successfully involved in:
 Procurement of engineering spares, operation consumables, ferroalloys, and refractory
 Implementation of SOPs /DOP related to Commercial functions of the company
 Work contracts for equipment hiring, manpower requirement and other services required
related to mechanical, electrical, civil and other works.
 Follow up for timely issuance of contracts in line with schedules and day to day commercial
issues and contract closure.
 Review/checking of MIS related to Budget Vs. Expense. Inventory Analysis and Optimization.
 Guiding Store Team members regarding benefits under various Government policies and Tax
Structuring.
 Import spares and machinery from china ,USA and other countries.
 Lead member in implementation of E- procurement initiative like –Reverse auction.
 Experience in working and improving process of SAP MM module
 To understand the requirement, float enquiries for the materials &service, obtaining competitive
quotations, Negotiation, compare and decide on sourcing, making PO .
 Seamlessly coordinate with suppliers, contractors, sectional /departmental head for material
and service availability.
 Responsible for material functions viz., Materials stock, Review of PR/approval note, Release
of PR, PR Vs material receipt status, status of material against Open PR & PO. .
 Develop new vendor, import substitutions, value analysis to reduce lead time, inventory and
cost saving etc
 Rate contract with supplier for high consumption items, service contract with OEM for easy
working of equipment’s installed
 Completed 6 business process improvement projects.

Sep’09 to May 2011 with Cummins Technology India Ltd, Pune as Executive Manager.

Key Highlights:
 Successfully involved in:
 New project purchase strategy development and sourcing of vendors.
 CAPEX planning ,presenting to management team and preparing action plan on it.
 To understand the requirement, float enquiries for the materials &service, obtaining competitive
quotations ,Negotiation, compare and decide on sourcing , making PO .
 Develop new vendor, import substitutions, value analysis to reduce lead time, inventory and
cost saving etc.
 Seamlessly coordinate with intermediaries, Sectional /departmental Heads for material
availability and presentation of MIS report
 Training, managing & motivating team members to achieve target on time.
 Inspection, installation & commissioning, maintenance of Equipments like cleaning machine ,
components processing and assembly line.
 Rate contract with supplier for high consumption items for running operation.

 Significantly:
 Completed sourcing activity for 11 new suppliers for capital items and spare parts.
 Actively involved in completing 6 sigma projects /Cost saving project having more than Rs102
lacs saving per year.

Nov’06 - Aug’08 with Vedanta Aluminum Ltd., Lanjigarh, Orissa as Associate Manager.
Key Highlights:

 Initiated process of self-stock management at store with help of store and purchase team to
maintain minimum agreed stock and reduce spare inventory.
 Involved in supplier/contractor rationalization to speed up procurement process and reduce
lead time
 Lead team for erection & commissioning of ball mill, agitators, utility equipments .
 Spare parts planning, technical specification clear and inspection of material at our store or
supplier place.
 Preparing PR and follow up for receipt of material.
 Work distribution among team members and guiding them for execution
 Training, managing & motivating team members to achieve organizational objective

Jindal Steel and Power Ltd., Raigarh, Chhattisgarh as Engineer


Key Highlights:

 Participated in cross-functional projects on continuous improvement of customer satisfaction,


product yield, inventory control using JIT and visual management.
 Functioned as shift In-charge, planned and executed all shift activity to achieve shift operation
and machine availability targets.
 Organized technical caravans to increase customer satisfaction through knowledge sharing and
identification of key improvement area.
 Assisted in developing and implementing strategy for modernization project of rail and beam
mill resulting in increase in production by 105%.
 Involved in commissioning, operation, maintenance & modernization of 1 million ton/ year
capacity rail and beam rolling mill.

Training & Certification

 Six Sigma Green Belt.


 Lean management
 Certified Lead Auditor for ISO 9001.
Personal Snippet

Date of Birth : 11th May, 1980.


Permanent Address : 9D ,AP colony ,Gaya ,Bihar
Languages Known : Hindi & English.
Marital status : Married

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