Bharat Puppala(He/him)

Develop and execute strategic sourcing initiatives focused on cost optimization, supplier performance, and risk management including supplier evaluations, negotiations, and contract management, monitor supplier performance, process optimization, Lead and manage Pan India projects & Manage store operations

Responsible for the end to end Indirect purchases & overseeing of store operations. Responsible for supplier’s identification, development, and qualification of suppliers that meet the business requirements. Manage and launch RFQ / RFP, benchmark and develop new supplier in order to remain competitive. Quotes study, negotiation, ordering, delivery follow up with suppliers & Invoice submission etc. Implemented/ standardized business reports including PR, PO Tracking and Key Performance Metrics. Manage and optimize effectively internal procurement processes and policies. Maintain the TATs for all the activities assigned. Ensure that team to process Purchase orders within SLA and data accuracy maintained. Prepare cost saving reports, TAT & update date to CFO. Regular meeting with internal stakeholder to understand prerequisites, feedback and make purchase plan. Monitor deliveries (Shipment or Order progress status) and update to internal stakeholders. Prepare and implement sourcing strategy to achieve spend targets for the assigned commodities. Havea Transformation mindset and eye for identifying automation/process improvement opportunities( Introduced trackers for PRs, PO process TAT & saving reports) Periodic review of supplier data base, open PO closures, Payment projections for finance funds allocation.

Independently handled multiple locations(Hyderabad & B’lore) spends /purchase requirements end to end such as supplier on-boarding, competitive bidding, negotiation & finalization of orders, Release of POs & Arrange deliveries as per project timelines. Prepare request and invitation for quotation. Reviewing tenders/bids. Collaboratively working with engineering Department to analyze the offers technically, and make comparative statement and finalizing prices with suppliers. Release Purchase orders to Vendors and coordinate with vendors to get material as per the project timelines. Regular rhythm with invoice processing teams for on time process of payments to suppliers. Coordinating with AP team and clearing the in invoice/payments. Regular rhythm with cross function & Project teams to understand prerequisites for better deliverables. Regular rhythm in simplifying the process of disposal of non-working assets with cross functions. Identify the cost avoidance opportunities & close work with internal stakeholders for executions. Maintain supporting documents related to transactions and prepare procurement related reports such as savings, TAT & etc. Collaboratively working with Global team (Capex , Purchase services ,Facilities) and leveraging best practices and implement..

Develop RFQ, Quote analysis, Should cost and negotiate with supplier about pricing, lead time, payment terms and other T&C. Cost reduction through Negotiation & Should cost. Planning the materials as per the PP and follow up with suppliers for timely delivery of material. Planning in accordance with Lead Times of different products. Handled metallic parts (Machining parts , Sheet metal, Heavy fabrication, HDG Hardware’s, GI Pipes) & packing wood commodities. Supplier Ratings and assessment & Supplier Base rationalization. Collaboration with design & quality assurance team for resolving the product quality related issues. Ensure capacity establishments at existing source and developing alternate source to meet production volume. Department Coordinator for localization of new products. Inventory Management (Identification of A-Class, B-Class, C-Class items as per consumption & Value)