Ref. No. : CA - 26434 - (Purchase – with 29.3 years in Plastic Industry)

Education

Pursuing MBA From ICFAI University, Hyderabad

Advance Diploma in Management From ICFAI University in 2009

Diploma in Business Management From ICFAI University in 2008

Diploma in Import-Export Management From Export Trade & Training Institute in 1993

B.Com From Mumbai University in 1991

Skill Sets

Expertise in MS Windows 98, MS Office 2000,Tally 6.3, MM module of SAP

General Management
ROI Accountability, New Initiatives / Set-ups, Turnaround Management , Material Planning

Supply Chain Management
Logistics, Purchasing, Sourcing, Inventory Contro

Operations
Project Management, Systems Implementation, Executive Leadership, Techno-commercial Functions

Work Experience

Dy General Manager – International Sourcing
Since Nov 2009
Manager Purchase (Raw Material): Nov 2006 to Oct 2009
Dy Manager Purchase (Raw Material): Jan 2005 to Oct 2006
Asst Manager Pur (Raw Material): Nov 1999 to Dec 2004
Sr Exe. Purchase (Raw Material): Nov 1997 to Oct 1999
Accounts cum Pur Exe.: Sept 1993 to Oct 1997
Company Profile: Manufacturer of Rigid Plastic Packaging, HM HDPE Pipes, Composites Cylinders
Job Profile:
Create Material sourcing & logistics policies for the group and ensure alignment to the policies in the group companies & divisions.
Long Term planning and strategy for procurement of Polymers in excess of approx. 10000 mts p.m. (HDPE,
LDPE, PP, SPVC, EPVC, FPP, PET, LLDPE, EVA, Polystyrene, etc.) & Capital Goods.
Study global industry trends in procurement, logistics and shipping (competitive intelligence, industry forecast, and buying trends) for polymers.
Understanding business requirements and review / approve annual / weekly / monthly sourcing plan bases on annual business and production plans.
Evaluate feasibility of alternatives to ensure timely delivery and cost optimization.
Planning for the global & local procurement of raw materials (Polymers) within budget.
Develop plans to improve control on inventory and on time delivery to customer.
Provide direction to the EXIM function to get the import consignments cleared cost effectively.
Study possibilities of frame contracts and benefits it will deliver in long run.
Build partnerships with vendors (RM Suppliers, logistic vendors and shipping agents) through quantity commitments, setting up of million US dollors clean credit limits etc.
Liaise with global / local vendors to secure competitive bids and availability.
Drive specific initiatives aimed at cost reduction in the supply chain.
Ensure on time, within quality and cost procurement for projects / new product developments.
Settlement of vendor claims and dispute resolution if any.
Monitor the cash flow by collecting and consolidating cash flows of individual suppliers / vendors and update
the cash flow requirements on regular basis to finance department.
Monitoring pricing indexes such as ICIS / PLATT’s to formulate pricing strategy.
Reviewing product costing & pricing on monthly basis.
Approving monthly raw material average cost consumption reports for all types of polymers consumed.
Formulating action plan for opening of Letter of Credits as per L/C limits available with banks.
Negotiating with the bankers for obtaining better rate for discounting of documents against Letter of Credits.
Hedging Forex transactions including forward and cross-currency contracts, monitoring market risks / trends,
ensuring adequacy of insurance & risk coverage of raw materials.
Authorizing SAP purchase orders for raw materials - local / import prepared at finalized prices, terms & conditions.

Major Attainments:
Actively involved in developing & implementing MM module of SAP as per the company’s requirement.
Developed & put in place reporting system for raw materials inventory reports, reordering, MIS etc.
Streamlined import clearance process by implementing online bill of entry filing system & successful in
reducing the import clearance cost. Sourced & introduced various new grades of raw materials cost effectively.
During global recession successful in bringing down the losses by putting in use the expensive inventories first
by applying LIFO method which helped the company to come out of the recession at faster rate. This was
acknowledged by the management also.
An award for outstanding performance and lasting contribution to RM purchase in 2007 & 2009.

Accounts Assistant
Sep 1991 to Aug 1993
Company Profile: Chartered Account Firm
Job Profile:
Conducting Statutory Audits of Manufacturing & Trading Companies as well as Revenue Audits of Nationalized Banks.
Maintaining books of accounts of Private Companies, Partnership Firms and Co-op Housing Societies.
Preparing Trial Balance, P & L Account and Balance Sheet and filing various statutory returns

Extracurricular Activities
An active member of Civil Defence, NCC & NSS.

Executive Digest
Extensive experience in driving strategic planning and change management coupled with profound understanding of critical business and organizational drivers in complex business and organizational environments. Successfully managed
and mentored large cross-functional teams across assignments. Expertise in heading Supply Chain
encompassing demand planning, sourcing, order processing, procurement & logistics. Significant experience in ideating, evolving and implementing sophisticated Supply Chain processes for varied products. Well organised with a track record demonstrating self-motivation/development, thinking, and initiative to achieve corporate goals.
Enterprising leader with a talent for recruiting and mentoring personnel with an equal desire to excel and win.

Future Goals

Seeking senior positions in Supply Chain Management / Strategy Planning / Sourcing (with complete ROI Accountability) with growth-driven organization.

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