Abhishek Singh
Manager of Procurement @ Mahindra Lifespace Developers Ltd.
About
With over 15 years of experience in the real estate industry, I have developed a comprehensive skill set in managing the entire vendor lifecycle, ensuring effective cost control, and driving operational efficiency across various projects. My expertise includes: 1. Vendor Management Expertise in identifying, evaluating, and selecting vendors to meet project requirements, ensuring quality and cost-effectiveness. Building and maintaining strong, long-term relationships with key vendors to foster collaboration and streamline project execution. Managing vendor contracts, ensuring adherence to terms, and mitigating risks through effective contract negotiation and performance monitoring. 2. Negotiation & Rate Analysis Skilled in negotiating favorable terms with vendors and suppliers, ensuring competitive pricing while maintaining high-quality standards. Conducting rate analysis to compare vendor offers and identify cost-saving opportunities, resulting in improved profit margins for projects. Expertise in comparative analysis of different vendor quotations and services to make informed decisions and achieve the best value for the business. 3. Rate Contracts & BOQ Costing Managing rate contracts for materials and services, ensuring consistency and cost control over long-term procurement requirements. Preparing and reviewing Bill of Quantities (BOQ) and accurate costing to align project budgets with actual expenses, preventing cost overruns. 4. Vendor Evaluation & Performance Monitoring Implementing vendor evaluation frameworks to assess performance based on quality, delivery timelines, and cost-effectiveness. Continuously monitoring vendor performance against Key Performance Indicators (KPIs) and initiating corrective actions as required. 5. P2P (Procure-to-Pay) Process Management Overseeing the entire P2P process, ensuring timely and accurate procurement of goods/services, invoice processing, and vendor payments. Streamlining the P2P cycle to reduce cycle time and eliminate inefficiencies while maintaining strong supplier relationships. 6. Cost Optimization & Risk Management Implementing cost control measures and identifying potential savings opportunities across procurement, vendor negotiations, and project execution. Proactively identifying and mitigating supply chain risks, ensuring project timelines and budgets are consistently met.
India
Pune Division
Real Estate
Strategic Negotiations, Vendor Management, Purchase Orders, Negotiation, long term rate contract, Cost Control, Cost Reduction, Inventory Control, Competitive Cost Analysis, SAP ERP
Experience
Abhishek Singh's Contact Information
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