Prem BHASKAR — CEO
With over 20+ years of experience in purchasing, Procurement, Vendor Development and supply chain management, Have served wide range of industries (Off Highway Industries, Automotive, Power & Energy & Industrial Manufacturing) . Managed Spend of over 300 Cr (INR). As s Strategic Sourcing professional, I leads the vendor development and new product development functions, planning and executing parts localization and cost reduction projects, developing roadmaps and benchmarks for new product introductions, and optimizing TCO, quality, logistics, delivery, and safety. I have successfully launched and developed several products, such as backhoe loaders, electric AWP, skid loaders, and telehandlers, with a focus on cost, quality, delivery, and safety. I also practice lean manufacturing and six sigma approach in various manufacturing processes in my routine works. My core competencies include vendor development and relation management, negotiations, LTA, budgeting, auditing, risk identification and mitigation, industry research and benchmarking, inflation management, spend management, and team building. My mission is to transform the procurement function into a value creation group and leverage my expertise in strategic sourcing and new product development to drive innovation and growth for the sustainable businesses. I holds a B.Tech degree in Metallurgy and Materials Engineering from NIT Rourkela, India, and a certification in Strategies for Negotiation from LinkedIn. I am also learning Data Analyst (Basic Level completed) from Udemy to become Pro-Data Analyst in coming days.
Stackforce AI infers this person is a seasoned procurement and supply chain management expert in the construction equipment and manufacturing industries.
Location: New Delhi, Delhi, India
Experience: 19 yrs 11 mos
Skills
- Strategic Planning
- Business Development
- Strategic Sourcing
- New Product Development
- Project Management
- Purchasing Management
- Cost Reduction
- Vendor Management
- Supply Chain Management
Career Highlights
- Over 20 years of experience in procurement and supply chain management.
- Expertise in strategic sourcing and vendor development.
- Proven track record in cost reduction and new product development.
Work Experience
Doosan Mottrol
General Manager (1 yr 11 mos)
LiuGong Machinery
Assistant General Manager (Strategic Sourcing and New Product Development) (1 yr 2 mos)
Manitou Equipment India
Chief Manager Sourcing (5 yrs 5 mos)
Terex Corporation
Manager Purchasing (3 yrs 9 mos)
Emerson Industrial Automation
Purchase Manager (2 yrs 8 mos)
W.DIAMANT India Pvt. Ltd.
AM Purchase (1 yr 4 mos)
Oerlikon Graziano Drive System
Senior Metallurgist (2 yrs 11 mos)
Sunbeam Auto Pvt. Ltd.
Graduate Engineer Trainee (8 mos)
Education
B.Tech at National Institute of Technology Rourkela