• Gender: Male
• Age: 42
• Designation: Manager Purchase
• Highest Education Level: Masters - Degree
• Current Gross Salary: INR  1080000 /Annum
• Expected Gross Salary: INR  1380000 /Annum
• Preferred Country: India
• Notice Period: 30  Days
• Preferred Location: Mumbai
• Work Experience: 20.2 Year(s)

Education

M.B.A. in Finance

Skill Sets

Good Skilled in selecting and negotiating with suppliers on the basis of quality, timely supply and credit terms etc.

Work Experience

Manager Purchase
From November 2021 to till date
Company Profile: - Leading manufacturer of FIBC bags & POND Liner 07nos Manufacturing units.

Job profile -
Procurement of Raw material (Polymers PE/PP) based on consumption & Factories requirement of India Units. Handling Purchase of Raw material (PP Raffia,HDPE Raffia ,LLDPE,LDPE,Filler,Master batch,UV.) around 1400mts on monthly basis.
Asking Quotation,Making Comparison,Negotiation and Processing orders based on the Approvals.
Good Knowledge of market & technical specs of Raw materials and their impact on Products.
Excellent negotiations skills with rational cost reduction /cost saving techniques in entire procurement areas
Developing reports on procurement and usage of material for top management.
Development of new vendors for cost saving and better alternative.
Identify ingand developing potential suppliers locally & globally for the right sourcing, achieving cost effective purchase of materials.
Coordination with finance department for timely payment of bills.
Preparing Daily Stock statement & RM Purchase report.
Keep tracking of MOU of Local suppliers.
Managing daily Purchasing activities,Monitoring and forecast upcoming level of RM Demand.
Placing order based on current market situation & future market trend.
Manage & handle MOUs & contract with suppliers; providing view to management in matters related to MOU and pricing.

Manager Purchase
From Dec 2017 to October 2021
Company Profile: - Leading manufacturer of polymer products Industrial and Consumer Packaging Solutions, Lifestyle Products, Auto Components, HDPE Pipes, LPG Gas Cylinder,Pails, Furniture, Steel Drum, Health care Products and Construction/ Infrastructure related products.

Job profile -
Procurement of Raw material (Polymers PE/PP) based on consumption & Factories requirement of India & Overseas units.Handling Purchase of Raw material(HDPE,LLDPE,PPCP,PPHP,ABS,Polymids,RP) around 7000mts on monthly basis.
Asking Quotation,Making Comparison,Negotiation and Processing orders based on the Approvals.
Good Knowledge of market & technical specs of Raw materials and their impact on Products.
Excellent negotiations skills with rational cost reduction /cost saving techniques in entire procurement areas
Developing reports on procurement and usage of material for top management.
Development new vendors for cost saving and better alternative.
Identifying and developing potential suppliers locally & globally for the right sourcing,achieving cost effective purchase of materials.
Reviewing the non moving and slow moving Raw material at all plant and find sources of liquidation.
Disposal / removal of hazardous / non-hazardous scrap from multi-units.
Analyze and calculate costs of procurement and suggest method to decrease expenditure.
Continuously monitoring, evaluating and improving suppliers’ performance.
Maintaining close coordination with shipper and clearing team for clearance of shipment and ensure the material reaches our factory on time.
Maintained a close track of the shipments & providing summary to concern team.
Reviewing Grinding Stock of all units.
Coordination with finance department for timely payment of bills.
Find out cheapest equivalent material & save the cost of finished products.
Purchase of MEIS license from traders/Manufacturer to Save duty cost.
Established cordial relationship with internal and external suppliers/vendors.
Preparing Raw material MIS,Average Price report on monthly basis,Exim report Preparing other report based on management requirement.
To analysis Price trend of commodities like ethylene, crude, forex based on Platts & ICIS weekly reports.

Organization: Jhaveri Flexo India Ltd. – March 2006 to Nov 2017.
From November 2009 to Nov 2017.
Purchase Executive

Roles & Responsibilities.
Planning and budgeting of purchase functions, involving cost estimation, contract negotiations Etc.
Evaluating vendors & negotiating the price, delivery schedule and terms & condition with them.
Alternative sources development all Rms- negotiation with Vendors for price, quality any delivery of schedule.
Preparing RM MIS Reports on daily basis.
Providing RM landed cost details to marking & management team for costing.
Finalizing the Quotation after discussion with V.P – Commercial.
Follow up the material vigorously with the suppliers to ensure the dispatch on time.
High levels of integrity & professionalism in transactions with suppliers.
Introducing new suppliers & preparing the comparative chart for each & every materials.
Checking debit & credit note issued by vendor & us give it to accounts team for entry.
Follow up with Account team for LC opening, Timely payments of Vendors dues etc.
To analysis Price trend of commodities like ethylene, crude, forex and decisions regarding prices.
Manage & handle MOUs & contract with suppliers; providing view to management in matters related to MOU and pricing.
Control purchasing department budgets & control of final costing of the finished products offered to the customers and working with marketing team to maintain the current market share and capturing new customers while protecting the margin.
Procurement of RM material to meet marketing & production requirements.
Expertise in developing local vendors, reducing the cost of procurement of material.

Senior Executive –Accounts
From March 2006 to October 2009.

Roles & Responsibilities in Detail:
Reconciliation of Banks and Preparing Fund Position Every day.
To review Approved bills booked in the system i.e. to ensure whether proper TDS is deducted, proper account codes selected to review every quarter outstanding creditor’s analysis.
To prepare monthly TDS liability, Provident fund liability, Professional tax Liability Pay in to respective bank before due date.
To prepare monthly provision statement for all expenses of location. To analyze variances that may arise on month to month and cost comparison. To reconcile outstanding vendor advances & staff advances every month.
Preparation of monthly financial statement presentations as & when required by higher authorities.
Review debit note & credit note entry in the System.
To file E-Tds returns and issue of TDS certificate.
To ensure day to day accounting, bill booking, ensuring payments to vendors & accounting of receivables.
Preparation of Profit & loss account monthly basis.
Handle Income tax scrutiny Matter.
Co-ordination with statutory & internal auditors functions.
Working knowledge on ERP including generation of final accounts and various reports required for month end closing and finalization of accounts

Account Assistance
From May 2004 to Feb 2006
Company Profile: Chartered Accountant Firm.

Job profile -
Purchase invoice, Sales Invoice, journal entry in Accounting Software
Ensuring compliance of relevant statutory norms and corporate procedures
Maintaining Petty cash account.
Debtors and creditor ledger scrutiny.
Reconciliation of Banks.
To file E-Tds returns and issue of TDS certificate.
Tax Audit.
To undertake smooth audit compliance and ensure to have the report within stimulated timeline.
MBA- Finance from ICFAI University (The Institute of chartered financial analysts of India) 2011-13.
Passed B.Com from VIVA. College of Commerce, Mumbai University in 2003-04.
Passed H.S.C from B.E.S College of Commerce, (Maharashtra Education Board) in 2000-01.
Passed S.S.C from Shishu Vidyalaya School, (Maharashtra Education Board) in 1998-99.
Well versed with Software ERP Package Called Hercules & TALLY ERP, B.S Software, E-TDS, Diploma in Tally 6.3, Proficient in the use of MS Office application like MS Word, MS Excel Ms Power Point.