Ravikumar H R

CEO

Bengaluru, Karnataka, India21 yrs 7 mos experience

Most Likely To SwitchHighly Stable

Key Highlights

Over 20 years of experience in Purchasing and Leadership.
Expert in sourcing strategies and cost reduction.
Proven track record in supplier development and localization.

Stackforce AI infers this person is a Senior Purchasing Professional in the Automotive and Engineering sectors.

Contact

Skills

Core Skills

PurchasingSupply Chain ManagementStrategic SourcingCost ReductionSourcingCommodity ManagementSupplier DevelopmentLocalizationVendor DevelopmentProcurement

Other Skills

APQPAutoCADAutomotiveCommercial ManagementComponent DevelopmentContinuous ImprovementContract NegotiationCost-effective PurchasesCost-effective PurchasingCost-reduction InitiativesCost-saving StrategiesDirect MaterialsEngineeringGlobal SourcingInventory Management

About

- A Senior Purchasing Professional, with more than 20 years of working experience in Purchasing and Leadership Position Covering Sourcing, Project purchasing, new product development and commodity management in Automotive and engineering industry. - Quick learner and adapt to challenging, complex, difficult, multi-locational and geographically diverse environments and circumstances and delivering ‘results’ consistently. - Lead the purchasing activities like define & execute annual Purchasing savings plan, strategy for Localization & BCC sourcing. - Skills in Purchasing operations, defining continuous improvement processes, accelerating employees’ strengths & building powerful teams to take on challenging assignments. - Adept in sourcing of Electronic, Electrical, Electromechanical and Mechanical components used in Automotive & engineering industries. - An effective communicator with strong negotiation, analytical, decision making, contract management and problem-solving skills. - Proficiency in formulating sourcing strategies, Localization, Cost reduction, vendor identification / development.

Experience

Festo

Head - Purchasing

Sep 2018 – Present · 7 yrs 6 mos · Bangalore · On-site

Leading the sourcing & supply chain management function, managing both direct materials and indirect materials, while overseeing supplier quality management.
Mentoring the team to design and execute key procurement strategies aligned with production and project objectives.
Steering the procurement operations for India businesses, collaborating with category and operations teams to implement global strategies, including sourcing, negotiations, and supplier recommendations.
Developing global sourcing strategies to transform procurement into a value-creation function by fostering partnerships with stakeholders, cross-functional teams, and strategic supplier alliances.
Identifying procurement needs, budgeting, sourcing, and establishing strategies for cost-effective purchasing, reducing lead times, and building reliable supplier bases.

SourcingSupply Chain ManagementSupplier Quality ManagementProcurement StrategiesCost-effective PurchasingPurchasing

Homag

Head - Strategic Sourcing

Jan 2016 – Jan 2018 · 2 yrs · Bangalore · On-site

Managed Strategic sourcing team handling mechanical drawing parts, electrical/electronic components, and bought-out items, with an annual spend of €20 million (~₹176 crore).
Spearheaded strategic sourcing activities, including spend assessment, supply market analysis, total cost evaluation, supplier selection, and strategy implementation.
Ensured commercial and cost-saving benefits at the P&L level through meticulous sourcing, contracts, and delivery management.
Attained 5% YoY cost reductions by implementing effective sourcing strategies.
Built a team of strategic buyers focused on achieving cost and quality targets.
Ensured "First Time Right" development for new products, maintaining quality and capacity alignment.

Strategic SourcingSupplier SelectionCost-saving StrategiesSpend AssessmentSupply Market AnalysisCost Reduction

Continental

Sr. Manager-Sourcing

Jan 2010 – Jan 2016 · 6 yrs · Bangalore · On-site

Managed sourcing activities for automotive parts, overseeing project purchasing, commodity management, and supplier relationships.
Directed procurement operations for electronics, electro-mechanics, sheet metal, and plastic components, managing a portfolio of 40 suppliers with an annual purchase volume of €40 million (~₹320 crore).
Developed supplier strategies, cost-reduction initiatives, and localization efforts, ensuring optimal quality, cost, and delivery (QCD).
Achieved an annual cost saving of ₹56 million in 2016 through alternate sourcing and re-negotiations.
Received multiple appreciation awards for cost-saving initiatives and lean procurement methods.

Sourcing ActivitiesCommodity ManagementSupplier RelationshipsCost-reduction InitiativesLocalization EffortsSourcing

Bosch india

Sr. Engineer-Purchase

Jan 2008 – Jan 2010 · 2 yrs · Bengaluru Area, India · On-site

Localized and developed suppliers for Common Rail System (CRS/CRDi) components, including forgings, machining, and coatings.
Successfully developed a local source for Hot Forged Rails (HFR) for the first time in India.
Contributed to cost reduction through localization of injection-molded plastic parts and fasteners.

Supplier DevelopmentLocalizationCost ReductionComponent Development

Ace designers limited

Engineer- vendor development

Jan 2004 – Jan 2008 · 4 yrs · Bangalore · On-site

Administered the procurement of forgings, castings, heavy fabrications, and machined parts, ensuring cost-effective purchases and reliable supply chains.
Managed complete purchase operation of Raw materials required for in-house production including production planning & control (PPC).
Received recognition for innovative contributions at IMTEX-2008.

ProcurementVendor DevelopmentProduction PlanningCost-effective Purchases