Shankar Iyer

Operations Associate

Pune, Maharashtra, India12 yrs 1 mo experience

Most Likely To SwitchHighly Stable

Key Highlights

12+ years of experience in supply chain management.
Expertise in procurement and vendor management.
Strong negotiation skills leading to significant cost savings.

Stackforce AI infers this person is a Supply Chain Management expert with extensive procurement experience.

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Skills

Core Skills

ProcurementSupply Chain ManagementStrategic SourcingVendor ManagementMaterials ManagementSupplier Sourcing

Other Skills

Baan 5Contract complianceCost ReductionCost SavingsCost savingsData AnalyticsDemand planningForecastingInventory ControlInventory ManagementInvoice ManagementLogistics CoordinationLogistics ManagementMRPNegotiation strategies

About

A Post graduate in MBA Operations with a graduation degree as BE Mechanical from Pune University. Holding relevant experience of 12+ years in in supply chain management. Good knowledge of P2P cycle, IT procurement, contract management, MRP, vendor and inventory management. Hands-on experience on SAP MM module, Baan 5 and MS office. Looking for opportunities to build career in procurement and supply chain management.

Experience

Tata communications

2 roles

Supply Chain Manager

Apr 2023 – Present · 2 yrs 11 mos

Asst manager supply chain management

Apr 2020 – Apr 2023 · 3 yrs

Develop category and sourcing strategies, by forecasting demand, analyzing industry trends, understanding vendor landscape, etc.
Develop negotiation strategies for all the key sourcing projects
Examine supplier's industry position and cost-structure, identify trends in supply market, develop cost-tear downs for key sourcing requests.
Coordinate with business, sales and other stakeholders for effective demand planning and monitor the actual requirements against plan .
Monitor supplier performance and provide necessary support (wherever required)
Collaborate with suppliers regularly and drive tangible additional value through joint cost reduction initiatives .
Apply negotiation techniques like BATNA, WATNA, etc., and game theory in supplier negotiations to take best advantage of competitive dynamics
Lead the implementation of negotiated contracts and monitor contractual compliance of executed contracts
Key performance indicator
1. Cost savings achieved as % of managed spend (through effective negotiations, demand rationali zation) 2. TAT for sourcing requests 3. Contractual spend as a % of total spend 4. Average quoting cycle time for customer based procurement 5. On time fulfillment of direct procurement (customer orders)

Cost savingsNegotiation strategiesSupplier performance monitoringDemand planningContract complianceProcurement+1

Maccaferri

Assistant Commercial Manager

Apr 2019 – Apr 2020 · 1 yr · Pune, Maharashtra, India

● Planning and Procurement of Raw Materials to support the manufacturing activities of plant.
● Communicating with Sales and Operations team for Inventory and Order management.
● Coordinating with production team for planning of ABC class inventory.
● Maintaining MSL for class C item by coordinating with stores.
● Releasing of Direct and Indirect PO in SAP to meet plant and office requirement.
● Arranging Logistics from vendor based on material specification and dimensions.
● Releasing work order to Project team to support site installation activities.
● Handling and Maintaining of Sourcing & Procurement related SOPs & Records
● Day to day monitoring of marketing requirements vs. the production transfers in constant coordination with Planning and Sales department. ● Co-ordinating with International Vendor to plan material shipment based on Vessel Schedule.
● Resolving vendor grievances related to payment, Quality, rates / Invoices etc. Material Return, Account Reconciliation etc.
● Timely Invoice submission to Finance & follow up for payment

Planning and ProcurementInventory ManagementLogistics CoordinationVendor CommunicationProcurement

Thermo fisher scientific

Assistant Manager

Jun 2018 – Apr 2019 · 10 mos · Pune, Maharashtra, India

Good experience in Sourcing & Procurement of Raw Materials/Packaging Materials and Miscellaneous items for manufacturing unit.
The above includes acquiring resources within budget and facilitating communication between the company and vendors/suppliers to deliver products/services as per demand requirement.
Handling and Maintaining of Sourcing & Procurement related SOPs & Records
Day to day monitoring of marketing requirements vs. the production transfers in constant coordination with Planning and Sales department.
Ensuring timely follow with vendors for Rejection replacement, Debit/Credit Notes etc
New vendor development for new products as suggested by Product Team
Day to day monitoring of production site for requirement of MISC material
Timely Invoice submission to Finance & follow up for payment
Vendor Appraisal and documentation
Looking after new vendor creation in SAP system and Purchase Order
Preparation & timely submission of procurement/sourcing related reports
Co-ordinate with vendor for delivery confirmation & ensure timely supply
Co-ordinate with QA lab for sample testing & approval
Looking after Scrap Disposal for all Toll Site
Resolving all Vendor complaints and follow up
Maintaining all Agreement and Records for Audit

Sourcing & ProcurementVendor DevelopmentInvoice ManagementProcurement

Flex

Procurement Specialist

Feb 2015 – Jun 2018 · 3 yrs 4 mos · Pune, Maharashtra, India

Specialist in Procurement at Flex pvt ltd

Kumar elastomech pvt ltd chakan pune

Development and purchase engineer

Aug 2013 – Aug 2014 · 1 yr · Pune Area, India

Employed as vendor development and purchase engineer at Kumar elasto mech Pvt ltd. A renowned manufacture of plastic injection moulded parts supplier to Bajaj auto and Tata motors.