Prachi Bagde

Creating and maintaining a portfolio of qualified vendors to expand options. Negotiated complex corporate procurement contracts by working closely with internal and external contacts. Led sourcing process for new vendors to get quality products and services and mitigate risk. Managed supply chain process, from order placement to delivery, to facilitate on-time and accurate fulfillment. Negotiates contracts with suppliers to obtain favorable terms and pricing. Utilizes market intelligence to identify opportunities for savings and cost reduction. Analyses market conditions to make informed decisions on pricing and purchasing strategies. Identified opportunities to reduce lead times and improve inventory management. Communicates regularly with suppliers to uphold accountability for quality standards and timely delivery of goods. Completed monthly profit and loss performance reports. Monitoring inventory levels and avoided shortages with timely replenishment of stock. Generated reports on purchasing activities to support management decisions. Negotiating pricing and terms with vendors to secure best value for company.

Supervision of Material Procurement. (Looking after Material procurement (Indirect, Machinery) supplier management and store activities.) Parts planning/ Indent (Procuring Critical parts as per indent-based requirement, maintaining min stock at the store to achieve zero down time for closer of abnormalities.) Vendor Improvement (Vendor management, closely monitoring vendor performance based on spider score rating card. Vendor engagement, monthly virtual supplier meets, supplier visits etc.) Cost saving Initiative (Analyzing the purchasing pattern, Cost reduction ideas identifying and execution) End User handling (Dealing with End Users and providing them satisfactory answers and solutions related to their queries.)

A Mechanical diploma engineer with 3 years of experience in the Indirect procurement SCM, handling of critical machinery spares & maintenance parts for the plant, a challenging career in a progressive firm and be a core team player in achieving organizational goals by dedicating and committing to full extent and hence grow and excel along with the organization.