Paresh S. — CEO
Leading Procurement frontier at a distinguished manufacturing company in the Oil & Gas and Plastics sector, my focus centers on strategic sourcing, vendor & contract management, & process innovation. With a solid foundation in commercial management, my recent tenure has seen me orchestrating logistics cost analysis & driving cost reductions through meticulous procurement strategies. The organization benefits from my expertise in material balancing & hedging, ensuring the seamless operation of procurement cycles & enhancing vendor relationships. My contributions extend to managing key client portfolios, including notable entities like Indraprastha Gas & Gujarat Gas, where my role in contract finalization & strategic pricing fortifies our market standing. ACHIEVEMENTS ~Savings in the Contracts related services & manpower by 17.5% at Ispat Industries Limited. Approximate: INR 4.37 Crores in the period of 2006-2008. ~Established entire procurement process, SCM department and implemented reverse auction at Petron Engineering Construction Limited 2008-09 ~Handled entire material procurement & contracts for PNG City Gas Distribution Project for NCT of Delhi & NCR at Indraprastha Gas. Successfully closed contract from Expression of Interest to Contract Closure. 2009-2013. ~Oversaw Contracts & Procurement Manual revision referring Ministry of Finance- General Financial Rules “GFR”, C&P Manuals of GAIL, BPCL, BHEL and other leading PSUs under the leadership of CGM & Executive Directors in 2012 at Indraprastha Gas Limited. ~Customization of SAP MM Module for MRP based on consumption based planning at Indraprastha Gas Limited, New Delhi. ~Implemented ISO 14001 Certification, SCRAP disposal policy online reverse auction and forward auction methodologies at IGL 2012. ~Implemented Transport Management System at ISCL and online auction bidding system in the year 2016. ~Developed online Customer Grievance portal with RCA/PA at ISCL. ~Handled Engineering Procurement & Construction contracts and projects for various clients like BPCL, MRPL, IOCL, L&T including subletting of contracts, material procurement at PECL. ~Developed direct manufacturers for Bulk raw materials like HDPE, MDPE, PVC, CPVC and other plastic materials like Westlake, Orbia, Hygain & Kaneka i.e. from USA, China & Japan Origin. 2020-2024 ~Reduced raw material cost by ~3.5% and helped organization to increase the EBITDA at Kriti group #Procurement #EProcurement #Globalsourcing #ContractsManagement #Purchase #Digitization #Law #TechnoCommercial #SupplyChain #opentowork #PR #PO #reverseauction #sourcing
Stackforce AI infers this person is a Procurement and Supply Chain Management expert in the Oil & Gas and Plastics industries.
Location: Mumbai, Maharashtra, India
Experience: 20 yrs 2 mos
Skills
- Procurement
- Supply Chain Management
- Contracts Management
- Logistics
Career Highlights
- Achieved 17.5% savings in contracts at Ispat Industries.
- Established procurement processes at Petron Engineering.
- Successfully managed contracts for major gas distribution projects.
Work Experience
Confidential Manufacturing Company
Head Contracts & Procurement (5 yrs 5 mos)
Kriti Group
Sr Manager Commercial (Head of Commercial & Raw Material) (3 yrs)
Bhatia Coke & Energy Limited
Deputy General Manager - Commercial & Procurement Head (1 yr 6 mos)
Indian Steel Corporation Ltd
Sr. Manager Manager - Commercial & Procurement (Head) (10 mos)
Manager - Commercial (Head) (2 yrs 10 mos)
Indraprastha Gas Limited
Additional Manager (3 yrs 2 mos)
Deputy Manager (3 yrs 1 mo)
Petron Engineering Construction Limited.
Senior Executive Engineer (1 yr 2 mos)
Ispat Industries Ltd
Senior Engineer (2 yrs)
Education
Bachelor of Engineering at Jabalpur Engineering College
Certificate in Logistics & Supply Chain at Indian Institute of Technology, Delhi
Graduate Diploma in Materials Management at Indian Institute of Materials Management, Mumbai
Bachelor of Laws - LLB at Devi Ahilya Vishwavidyalaya
Certificate course in Contract Management at Devi Ahilya Vishwavidyalaya
9th to 12th at Shri Devi Ahilya Shishu Vihar