Paresh S.

CEO

Mumbai, Maharashtra, India20 yrs 2 mos experience
Most Likely To SwitchHighly Stable

Key Highlights

  • Achieved 17.5% savings in contracts at Ispat Industries.
  • Established procurement processes at Petron Engineering.
  • Successfully managed contracts for major gas distribution projects.
Stackforce AI infers this person is a Procurement and Supply Chain Management expert in the Oil & Gas and Plastics industries.

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Skills

Core Skills

ProcurementSupply Chain ManagementContracts ManagementLogistics

Other Skills

Analytical SkillsAttention to DetailBusiness DevelopmentChange ManagementCommercial ActivitiesCommercial ManagementContract FinalizationContract ManagementCost CuttingCost ReductionCultural AwarenessDemand ForecastingE-ProcurementE-auctionsEnd to End Procurement

About

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

Experience

Confidential manufacturing company

Head Contracts & Procurement

Oct 2020Present · 5 yrs 5 mos · Mumbai, Maharashtra, India · On-site

  • Current company is a leading industrial group specializing in Plastics, Polymers, Edible Oils, Refinery, and Solvent Extraction. With a group turnover exceeding INR 1500 Crores, we are committed to innovation, sustainability, and operational excellence.
  • Diverse portfolio includes:
  • ✅ Plastic & Polymer Solutions – Advanced materials for various industrial applications, Oil & Gas.
  • ✅ Edible Oil & Refinery – High-quality edible oil production with cutting-edge refining techniques.
  • ✅ Solvent Extraction – Efficient extraction processes ensuring purity and yield optimization.
  • As a dynamic organization, we excel in strategic procurement, institutional sales, contracts management, e-procurement, and digitization, ensuring seamless supply chain operations and business growth.
  • #Procurement #EProcurement #InstitutionalSales #ContractsManagement #Purchase #Engineering #Digitization #Law #TechnoCommercial #SupplyChain #Manufacturing #Plastics #Polymers #EdibleOil #Refinery #SolventExtraction #IndustrialGrowth #SupremeIndustries #PrincePipe #Astral #Aliaxis #Wavin #Reliance #RIL #IGL #MGL #GGL #JSW #ISPAT #Kriti #Kasta #ashirwad #Service #Servicemanagement #Logistic #Transportation #Steel #Mining #Coal
Strategic SourcingVendor ManagementContracts ManagementE-ProcurementLogisticsProcurement+1

Kriti group

Sr Manager Commercial (Head of Commercial & Raw Material)

Sep 2020Sep 2023 · 3 yrs · Dhar, Madhya Pradesh, India · On-site

  • One of the leading Plastic Product Manufacturing companies in India. Well known for KASTA brand in MP-CG, Raj. & Gujarat.
  • Head Commercial for a leading group companies diversified in Plastics, Edible Oil, Steel, Power & Energy.
  • Procurement and Raw Material Imports
  • Oversight of Capital & Service Procurement
  • Logistic Cost Analysis, Vendor Development
  • Cost Reduction and Process Innovation
  • Contract Finalization and Review
  • Strategic Pricing for PE & PVC Pipes
  • Key Clients Handled: Indraprastha Gas, Gujarat Gas, IOCL, HPCL, andmany more.
  • Government Tendering and E-Procurement Management
  • Pricing Strategies for Finished Goods
  • Material Balancing and Hedging
  • Contract Drafting and Management
  • Data Analysis for Informed Decision-Making
  • Insurance Finalization and Management
  • Risk Assessment and Mitigation
  • Authorization of Financial Transactions
  • #Procurement #EProcurement #InstitutionalSales #ContractsManagement #Purchase #Engineering #Digitization #Law #TechnoCommercial #SupplyChain #Manufacturing #Plastics #Polymers #EdibleOil #Refinery #SolventExtraction #IndustrialGrowth #SupremeIndustries #PrincePipe #Astral #Aliaxis #Wavin #Reliance #RIL #IGL #MGL #GGL #JSW #ISPAT #Kriti #Kasta #ashirwad #Service #Servicemanagement #Logistic #Transportation #Steel #Mining #Coal
Cost ReductionLogistic Cost AnalysisVendor DevelopmentContract FinalizationStrategic PricingProcurement+1

Bhatia coke & energy limited

Deputy General Manager - Commercial & Procurement Head

Feb 2019Aug 2020 · 1 yr 6 mos · Indore Area, India · On-site

  • Headed the procurement & institutional sales department as Deputy General Manager Commercial.
  • Taking care of End to End Procurement cycle for the entire group and companies.
  • Implementation of SOPs
  • Management of Tenders.
  • Logistic Management
  • MIS & Analytics.
  • #Service #ServiceManagement #Logistics #Freight #Warehousing #InventoryManagement #SCM #Distribution #FleetManagement #3PL #Steel #Mining #Coal #Construction #Infrastructure #HeavyIndustry #OilAndGas #ChemicalIndustry #Petrochemicals #Energy #RenewableEnergy #Reliance #RIL #IGL #MGL #GGL #JSW #ISPAT #Kriti #Kasta #Ashirwad #SupremeIndustries #PrincePipe #Astral #Aliaxis #Wavin #Digitization #Automation #ERP #SAP #ECommerce #AIinProcurement #DigitalTransformation #SmartManufacturing #DataDriven #Blockchain #IOT #TechnoCommercial #BusinessDevelopment #B2B #B2BSales #EnterpriseSales #CommercialStrategy #Negotiation #RevenueGrowth #P&LManagement #MarketExpansion #Industry4 #CorporateStrategy #Law #ContractManagement #CorporateLaw #CommercialLaw #LegalCompliance #BusinessLaw #IntellectualProperty #Litigation #Arbitration #RiskManagement #RegulatoryCompliance #Procurement #EProcurement #InstitutionalSales #ContractsManagement #Purchase #StrategicSourcing #SupplyChain #SupplyChainManagement #VendorManagement #Sourcing #GlobalTrade #CommodityTrading #Tendering #Eauction #Logistics #Transportation #materialmanagement #Commoditymanagement #categorymanagement #Globalsourcing #Manufacturing #IndustrialManufacturing #Engineering #MechanicalEngineering #ChemicalEngineering #ProcessEngineering #IndustrialAutomation #Production #LeanManufacturing #EdibleOil #Refinery #SolventExtraction #OilProcessing #FoodProcessing #AgriBusiness #VegetableOil #PalmOil #SoybeanOil #SunflowerOil #OilRefining #FMCG #FoodIndustry #Plastics #Polymers #PlasticIndustry #PlasticManufacturing #PlasticProcessing #InjectionMolding #Extrusion #PVC #UPVC #CPVC #HDPE #LDPE #Polypropylene #Thermoplastics
End to End ProcurementLogistic ManagementTender ManagementMIS & AnalyticsProcurementLogistics

Indian steel corporation ltd

2 roles

Sr. Manager Manager - Commercial & Procurement (Head)

Apr 2018Feb 2019 · 10 mos · On-site

  • Senior Manager - Head of Commercial
  • #Service #ServiceManagement #Logistics #Freight #Warehousing #InventoryManagement #SCM #Distribution #FleetManagement #3PL #Steel #Mining #Coal #Construction #Infrastructure #HeavyIndustry #OilAndGas #ChemicalIndustry #Petrochemicals #Energy #RenewableEnergy #Reliance #RIL #IGL #MGL #GGL #JSW #ISPAT #Kriti #Kasta #Ashirwad #SupremeIndustries #PrincePipe #Astral #Aliaxis #Wavin #Digitization #Automation #ERP #SAP #ECommerce #AIinProcurement #DigitalTransformation #SmartManufacturing #DataDriven #Blockchain #IOT #TechnoCommercial #BusinessDevelopment #B2B #B2BSales #EnterpriseSales #CommercialStrategy #Negotiation #RevenueGrowth #P&LManagement #MarketExpansion #Industry4 #CorporateStrategy #Law #ContractManagement #CorporateLaw #CommercialLaw #LegalCompliance #BusinessLaw #IntellectualProperty #Litigation #Arbitration #RiskManagement #RegulatoryCompliance #Procurement #EProcurement #InstitutionalSales #ContractsManagement #Purchase #StrategicSourcing #SupplyChain #SupplyChainManagement #VendorManagement #Sourcing #GlobalTrade #CommodityTrading #Tendering #Eauction #Logistics #Transportation #materialmanagement #Commoditymanagement #categorymanagement #Globalsourcing #Manufacturing #IndustrialManufacturing #Engineering #MechanicalEngineering #ChemicalEngineering #ProcessEngineering #IndustrialAutomation #Production #LeanManufacturing #EdibleOil #Refinery #SolventExtraction #OilProcessing #FoodProcessing #AgriBusiness #VegetableOil #PalmOil #SoybeanOil #SunflowerOil #OilRefining #FMCG #FoodIndustry #Plastics #Polymers #PlasticIndustry #PlasticManufacturing #PlasticProcessing #InjectionMolding #Extrusion #PVC #UPVC #CPVC #HDPE #LDPE #Polypropylene #Thermoplastics
Commercial ManagementVendor ManagementLogisticsContract ManagementProcurementContracts Management

Manager - Commercial (Head)

Jun 2015Apr 2018 · 2 yrs 10 mos · On-site

  • Head of the Commercial Department.
  • Taking care of commercial activities, New Vendor Development, Cost Cutting, material management, ERP & IT, Supply Chain, audit, vigilance, taxation, contract drafting, business development, costing, pricing, raw materials, marketing, organizational development, strategic planning & development.
  • Customer Complaint Handling.
  • Credit & Debit note Handling.
  • Forex Hedging.
  • Market Intelligence.
  • MIS.
  • Costing (Activity Based, perpetual costing).
  • Profit & loss monitoring.
  • New Business development.
  • Project Monitoring.
  • Evaluation & performance of Business Activities.
  • E1 & E2 Buy Sales transactions.
  • Depot Management (Full Cycle)
  • Compliances and Monitoring of C Forms, F Forms and other Statutory Legal Compliances.
  • Co-Ordination with various cross functional departments - Marketing, Production, Sales, Accounts & Finance.
  • Preparation of MIS reports for Top Management.
  • Directly Reporting Managing Director & Executive Director.
  • Other important responsibilities.
  • DGFT
  • Import & Export
  • Monitoring & Expedition of Imports & Exports of Raw Material & Finished Goods.
  • Handling of Job Work contract for customers like Essar, Al Ghurail - Dubai, JFE, Hyundai etc.
Commercial ActivitiesVendor DevelopmentCost CuttingMaterial ManagementProcurementSupply Chain Management

Indraprastha gas limited

2 roles

Additional Manager

Apr 2012Jun 2015 · 3 yrs 2 mos

  • Working as an Additional Manager in Contracts & Procurement department. Procurement of all Piped Natural Gas Project on NCT of Delhi and NCR. Total volume of Procurement & contracts are Rs. 350-400 Crores.
Contracts ManagementProcurementProject Management

Deputy Manager

Mar 2009Apr 2012 · 3 yrs 1 mo

  • Determine Fulfillment Approach, such as competitive bidding or limited sourcing, establishing negotiation strategy and drafting of tender.
  • Contracts management for services like fabrication, natural gas pipeline laying, civil works, maintenance of charged sites (MRS, DRS, FRS & other associated control rooms) within the C&P procedures & standards of IGL.
  • Procurement of all mechanical items, electrical items & contracts management, hiring of equipments & handling of total Piped Natural Gas project purchase and all relevant procurement activities.
  • Import of material for CGD project from Singapore, China, Italy and other European countries.
  • Preparation of MIS and management reports time to time for monitoring procurement and projects.
  • In-depth bid analysis & expenditure analysis w.r.t. estimates, budgets & last purchases.
  • Carry out commercial evaluation & preparation of bidder’s qualification criteria for different procurements.
  • Selection of different vendors & vendor development for respective requirement.
  • Estimate preparation for respective procurement items & services & budget preparation for projects.
  • Going through the contracts for in-depth understanding for projects.
  • Drafting of contracts, tender, NIT, bidder qualification criteria, ITB & IFB for strategic procurement.
  • Liaisons with vendors supply chain, projects, operations & other relevant department to get the timely delivery & effective procurement of the material.
  • Thoroughly understand the Contract and highlight the
  • Contractual obligations of both owner and Contractor.
  • Conduct portfolio / category analysis to identify potential key strategic suppliers, shared suppliers and cost reduction opportunities.
  • Activity head, for implementation of new purchase modes which includes – E Procurement, E- auction, E Tendering, MRP & ARC.
Contracts ManagementVendor DevelopmentProcurement

Petron engineering construction limited.

Senior Executive Engineer

Jan 2008Mar 2009 · 1 yr 2 mos · Mumbai Area, India

  • Project Procurement Manager as Senior Executive Engineer at EPC Engineering Procurement Construction Company in Mumbai.
  • Successfully managed project purchases for impactful ventures including:
  • GGPL, Bhatinda
  • Bharat Oman Oil Refinery Limited, Bina, M.P.
  • Reliance Industries Ltd. Cross-country project, Kakinada.
  • Grasim Cement Plant, Kotputly, Rajasthan
  • BHEL site, Sipat
  • G.A.C.L, Surat
  • Haldia Petrochemicals, Haldia
  • IOCL, Panipat.
  • Madras Cement Ltd. Ariyalur.
  • Adani Port Ltd, Mundra.
  • Procurement Scope:
  • Acquired Valves, Pipe fittings, Thermocouples, Cutting Tools, Grinding wheels, Fasteners, Measuring instruments, Oils, Paints, and Chemicals for PETRON PROJECT sites.
  • Key Responsibilities:
  • Analyzed contracts for a profound understanding.
  • Coordinated with in-house and external vendors to ensure cost-effective, quality-driven, and timely procurement.
  • Identified and developed vendors for project-specific systems and equipment.
  • Evaluated vendors' manufacturing capabilities, sourcing strategies, in-house Quality Control systems, financial strength, delivery schedules, and payment terms.
  • Released Purchase orders and diligently followed up for on-time deliveries.
  • These experiences showcase my ability to navigate complex procurement landscapes, ensuring project success through strategic sourcing and vendor management.
  • #ProjectProcurement #VendorManagement #StrategicSourcing #ProcurementExcellence #Service #ServiceManagement #Logistics #Freight #Warehousing #InventoryManagement #SCM #Distribution #FleetManagement #3PL #Steel #Mining #Coal #Construction #Infrastructure #HeavyIndustry #OilAndGas #ChemicalIndustry #Petrochemicals #Energy #RenewableEnergy #Reliance #RIL #IGL #MGL #GGL #JSW #ISPAT #Kriti #Kasta #Ashirwad #SupremeIndustries #PrincePipe #Astral #Aliaxis #Wavin #Digitization #Automation #ERP #SAP #ECommerce #AIinProcurement #Procurement #EProcurement #InstitutionalSales #ContractsManagement #Purchase #StrategicSourcing #SupplyChain #SupplyChainManagement #Vendor
Project ProcurementVendor ManagementLogisticsProcurement

Ispat industries ltd

Senior Engineer

Jan 2006Jan 2008 · 2 yrs · Mumbai, Maharashtra, India · On-site

  • "Position: Senior Engineer – Contracts & Procurement, Ispat's Supply Chain Management Group"
  • Responsibilities:
  • Spearheaded procurement operations through E-Procurement & E-Tendering.
  • Actively contributed to the implementation of the ERP product mySAP SRM for the purchase department, serving as both support and end user.
  • Conducted thorough contract reviews to gain in-depth understanding.
  • Coordinated with in-house and external vendors, ensuring procurement within budgeted costs, adhering to quality standards, and meeting specified time frames.
  • Achieved approximately Rs. Fifty-One Lacs in total savings during the financial year 2007 until November '07 through effective negotiations and E-Procurement, resulting in a 26% reduction in contract costs.
  • Identified and developed vendors for systems and equipment to meet project requirements.
  • Evaluated vendors' manufacturing capabilities, sourcing methods, in-house quality control systems, financial strength, delivery schedules, and acceptance of payment terms.
  • Issued purchase orders and diligently followed up for timely deliveries.
  • Managed contracts for fabrication, erection, structural and civil jobs, consultancy services, manpower services, bus contracts, canteen contracts, equipment hiring, vehicle hiring, and all mechanical and electrical job contracts, among others at Ispat Industries Limited.
E-ProcurementContract ManagementVendor ManagementProcurementContracts Management

Education

Jabalpur Engineering College

Bachelor of Engineering — Industrial & Production

Jan 2002Jan 2006

Indian Institute of Technology, Delhi

Certificate in Logistics & Supply Chain — Supply Chain

Jan 2012Jan 2012

Indian Institute of Materials Management, Mumbai

Graduate Diploma in Materials Management — Materials Management

Jan 2012Jan 2014

Devi Ahilya Vishwavidyalaya

Bachelor of Laws - LLB — Law

Jan 2015Jan 2018

Devi Ahilya Vishwavidyalaya

Certificate course in Contract Management — Contracts & Procurement

Jan 2013Jan 2013

Shri Devi Ahilya Shishu Vihar

9th to 12th — Physics Chemistry Maths

Jan 1997Jan 2000

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