Successfully implemented the setting up of a captive RMC batching plant at the Manyata project site which saved the hassles and time lag on supply of concrete to the site since the total estimated requirement of concrete was around 90,000 cum, with better rate negotiation good savings achieved.
Spearheaded the finalizing of all the contracts packages which includes civil works, services (MEP), Interiors and finishes, Facades, External Development, DG sets. The total contract value was about Rs. 150 Crores.
Successfully negotiated with a vendor for marble pre-polished, cut to size to be imported from OMAN and processed at the vendor’s factory at Sri Lanka. Advantage due to concessions with SAARC countries and also because of the proximity of Sri Lanka port to India port. Substantial savings achieved.
Successfully negotiated with a factory at Bangalore, to supply reinforcement steel Fe 500 grade cut and bend steel with the total details of BBS and design provided by the vendors. There is substantial savings that could be achieved due to less pilferage, less labour issues at site, better control of the construction activities, less storage space required, process management at the site.
Introduced around 60 new Vendors adding value to the existing system. Regularized Purchases with Rate Contracts/AMC for around 30 category items.
Conducted ABC Analysis of the Previous Year Purchases made and focus made on A Class purchases. Formulating Department SOPs. Conducting reverse bidding for few items through External Agency.
Projects Handled were Mfar Manyata Tech park Phase 4, about 1.5 Million SFT SBA. Cochin Mfar Life style project
Success story with Sobha Developers
Instrumental role in finalising long term agreement with the Cables and Wire Manufacturers for rate finalization thereby achieving cost reduction of about Rs. 2.5 million during huge price increase.
Successfully developed cost effective alternate vendors for supply of Ceramic Tiles for Bathrooms from Guanghzhou, China and got landed prices around Rs. 20 per sq.ft. as against prevailing Indian Market rates of Rs. 30 from leading tile manufacturers like Kajaria, Nitco, Johnson, Asian Tiles, etc.
Generated significant savings of 33% in the procurement cost of Wall Tiles.
Initiated the process of developing alternate vendors for samples of sanity ware. Finalized Parryware by negotiating and entering into rate contract for 4 years. Registered total savings of Rs. 1.5 Million.
Projects handled was for Infosys Technologies at 7 locations across india including Bangalore campus.
Spearheaded Value Engineering Initiative in coordination with Plant and Machinery Dept.; Identified & developed alternate vendor from South Korea to Supply DC Blades for Construction Purposes as against Indian Manufactured Blades.
Life of the Blades was found to be at least 2 times with lower rate of 15%
Played a pivotal role in convincing major vendors to buy properties of Sobha Developers Ltd., during the Reversionary Period in 2008-09 as per discounts offered by top management & also cleared payment outstanding.
Success story with Prestige Estates
Deftly negotiated prices for Chromium Plated Fittings and generated savings worth over Rs. 3 lakhs for a single project.
Distinction of anticipating the steel price increase and placing up-front orders with the suppliers resulting in savings of up to Rs. 2 Million. Total purchase volume per month was 10 crores per month.
Projects Handled Prestige Forum Mall, Prestige UB City, Prestige Shantiniketan, Prestige Ozone Villa Project.
Hands on experience in overseeing overall functions of Purchase Entailing Vendor Development, Bidding process, Negotiation, Contracting, Sourcing, Budgetary Control, etc.
Expertise in managing supply chain operations with key focus on top & bottom line profitability by ensuring optimal utilisation of resources.
Adeptness in implementing cost reduction measures to achieve saving in terms of material and procurement.
Abilities in harmoniously managing day to day tasks with talent for Supply Chain Management involving Material Planning, Procurement, Vendor support, Warehousing & Logistics, Relationship Management in line with industry best practices.
Effectively negotiated and coordinated with vendors and developed alternate channels to ensure timely delivery and achieve cost reduction.
Deft in formulating sourcing strategies, vendor identification / development, supply chain management and analytical assessment to strengthen effectiveness.
Possess successful stint incorporate activities with high end technical activities namely Procuring, Stocking, Material Control/Logistics, Annual budgeting, Product sourcing, Revenue Enhancement, Contract Negotiation and Documentation and Commercial functions in a challenging business environment.
Develop proactive procurement mechanisms for critical and scarce materials in coordination with the Engineering Department.
Work closely with the Commercial Department to obtain the approved Bill of Materials; Ensure adherence to the same with respect to procurement of all materials.
Develop a materials delivery plan in close coordination with the Engineering Department to eliminate stock-outs, reduce inventory carrying costs and ensure timely delivery of material to the project sites.
Develop a framework for vendor evaluation and empanelment; Lead the vendor evaluation process and review vendor ratings periodically. Develop Department SOP and ensure their implementation at all levels.
Lead all coordination with vendors for the pre-qualification and tendering exercises. Drive effective relationship management with vendors to facilitate favorable contract terms, uninterrupted supply and availability of services at the time of crisis.
Review the final vendor contract from a commercial perspective and coordinate with the Engineering and Legal Departments for technical and legal review / validation respectively.
Work closely with the Finance Department to ensure timely availability of funds for payments to vendors as per the contracted terms; continuously work on establishing favorable credit terms for Company.
Drive maintenance of a database of all purchase contracts and related documentation (indents etc.); Leverage the SAP ERP to efficiently process and report purchase metrics.
Issuing of Contract Orders for various EPC Jobs with appropriate documentation incorporating the various clauses namely Payment, Liquidated Damages (Delivery/Performance), Confidentiality Latent Defect, Warranty, Packing and Dispatch Instructions Arbitration, Force Majeure etc
Survey the environment to keep abreast of trends and best practices in material usage and management in the Real Estate industry, nationally and internationally; Develop appropriate strategies to address / incorporate the same.
Sourcing materials from all over the world, thereby catering to all the sections of the project requirements .The product range involves right from Fuel, Chemicals, Utility Equipments, Vehicles, Canteen, Consumables in Mechanical, Civil , Electricals, Stationary, IT, Utility Machinery Equipments, Production related Machinery etc. Also includes services jobs involved in Civil/Plumbing/Electrical/STPS/security Systems, Related AMC/Rate Contracts etc.
B.L. Kashyap & Sons, Simplex Infrastructure Since February 2015 to till date as Vice President – Procurement
Working as a competent inspection authority and Certification of Lifting machines, Tools & Tackles, construction equipment machineries.
Conducting Regular Ready Mix Batching Plant Audits for various sites across Bangalore, Mysore.
Conducting construction safety audits for all the sites periodically, including Plant & Machinery, Fixed assets & scaffolding.
MFAR Holdings Pvt. Ltd, Dec 2011 to Dec 2014 as
Vice President - Procurement.
As a Head of the procurement function the responsibilities include directing the planning and purchasing of all materials and equipment’s of the group and managing the store functions with a team of 4 people.
The function reports to the CFO of the company. The role also extends to capping current volume of direct purchases being handled and is close to 20 crores per month.
I have been able to add lot of value for addition of new sources, reduction of prices entering into new rate contract suggestion of alternate vendors/materials entering into Long term SLA’S/etc.
Sobha Developers Limited Aug 2004 to Nov 2011 as Associate Vice President - Purchase
Steering entire array of supply chain operations encompassing procurement & vendor development, sourcing, material planning, inventory, warehousing & distribution management. Total purchase volumes per month was 50 crores.
Overseeing timely procurement of all construction related equipment and building materials required for both in-house projects and customer requirements like Infosys Projects, etc. PAN India involving millions of SFT area.
Budgeting and planning the funds for procurement and sourcing of raw material, construction goods & service.
Consistently evaluating vendor performance to ensure adherence to predefined specifications and supply of quality material / execution of job works.
Monitoring & approving material quality supplied by vendors, reconciling with project heads & certifying bill of payments.
Closely monitoring the current purchasing data and generating spend analysis charts and graphs for submitting to top management; presenting recommendations for prioritization of next up on action items.
GRASIM Industries Limited, Mar 1990 – Oct 2000 as
Assistant Manager – Purchase
Started my career as a Mechanical Engineer and Underwent extensive training in Mechanical maintenance of the various departments of viscose, spinning, After treatment and Dryer, Recovery, CS2, STP & ETP. Worked in maintenance department for 3 years.
Indentified by management to take up responsibilities in the stores and purchase department as purchase and stores officer in the year 1993.
Was a team member of the core committee from purchase department in implementation of quality management system and World Class manufacturing practices.
Was promoted as Sr. Officer- purchase in 1995 and was independently handling the purchase of Raw Materials, Mechanical, Electrical, Instrumentation Materials, Capital Equipments, Consumable and Spares, Civil maintenance materials.
Was a team member of the core committee from purchase department in introducing computerised system of purchase and inventory module.
Was promoted as Assistant Manager purchase in 1997, and independently handled the total procurement of new 10 MW BHEL Turbine for the Power Plant
