Vaibhav Suryavanshi

➢ Developed and implemented procurement strategies aligned with business goals, ensuring cost efficiency and supply reliability. ➢ Identified, evaluated, and onboarded suppliers for raw materials, packaging, spares, and capital goods while maintaining compliance with statutory and quality standards. ➢ Led end-to-end supply chain operations including demand planning, procurement, inventory management, warehousing, and logistics. ➢ Optimized inventory levels to balance uninterrupted production with reduced working capital requirements. ➢ Negotiated contracts and pricing terms, achieving significant cost savings through vendor consolidation and alternate sourcing. ➢ Established and maintained strategic vendor relationships, monitoring performance on quality, delivery, and service parameters. ➢ Implemented cost-reduction and risk-mitigation initiatives by analyzing market trends and commodity price movements. ➢ Led and mentored a cross-functional procurement team, setting KPIs and improving operational performance metrics. ➢ Reported procurement performance, cost-saving achievements, and supply chain efficiency metrics to senior management.

➢ Expertise in vendor negotiations, contract management, and cost reduction without compromising quality. ➢ Aligned material planning with production schedules to enhance inventory turnover. ➢ Ensured 5S implementation, timely scrap disposal, and compliance with legal/environmental norms. ➢ Built and managed strong supplier networks, ensuring timely payments and localized sourcing. ➢ Handled taxation, duties, government coordination, and ensured audit (internal/external) compliance. ➢ Prepared executive summaries and departmental MIS reports for senior management review. ➢ Streamlined procurement workflows and standardized documentation for operational efficiency. ➢ Coordinated closely with production, finance, and maintenance departments for seamless operations. ➢ Liaised with external agencies including vendors and government bodies effectively. ➢ Strong in analytics, conflict resolution, and stakeholder engagement for procurement success.

➢ Research Potential Vendors. ➢ Compare and Evaluate Offers from Suppliers. ➢ Negotiating with vendors to obtain the best deals on material and services. ➢ Development of alternative sources for the raw materials which helps in cost saving and dependency on single source. ➢ Purchasing machines with improved technology to increase production. ➢ Establishing Pricing guidelines for items that will be purchased in large quantities. ➢ Analyzing data to determine which vendors offer the best value for products and services. ➢ Evaluating vendors & negotiating the price, delivery schedule and terms and conditions with them ➢ Collaborating with department leaders to assess and meet dynamic procurement requirements. ➢ Implementing systems to avoid situations like over-stocking or out-of-stock which cause production and financial losses. ➢ Knowledgeable in managing vendor relations and taxation. ➢ Independently handled 2 projects, which resulted in the cost saving of Rs. 20 Lakhs.

➢ Planning for the monthly requirements of standard products. ➢ Working with Design and Costing Team for the cost reduction strategies. ➢ Evaluating vendors & negotiating the price, delivery schedule and terms and conditions with them ➢ Making certain that no component is missing and informing the Planning Team of this. ➢ Generating purchase orders while taking due care of taxes rates and terms & conditions. ➢ Tracking Orders and ensuring timely deliveries ➢ Monitoring stock levels and placing the orders as needed. ➢ Coordinating with warehouse staff to ensure proper storage. ➢ Maintaining updated records of purchased products, delivery information and invoices. ➢ Establishing professional relationships with the clients as well as vendors.

➢ Analyze all suppliers to select the most suitable suppliers who can deliver high quality products at competitive pricing. ➢ Develop, implement, and drive the procurement strategies to meet cost saving targets. ➢ Negotiate with the suppliers on lead time, cost, and quality to obtain the maximum benefit for the company. ➢ Manage suppliers to meet the objectives related to cost, delivery performance, schedule, and quality. ➢ Responsible for ensuring the daily preparations of purchase order. ➢ Coordinate with vendor on continuous quality improvement. ➢ Create monthly performance reviews and reports focusing on overall sourcing requirements. ➢ Handling Day-to-Day supply chain management for the company.

➢ Ensuring industrial machines and equipment run smoothly and reliably. ➢ Plan, create and manage overall maintenance and quality strategy. ➢ Planning and undertaking scheduled maintenance. ➢ Responding to the breakdowns within the plant. ➢ Servicing and repairing old and faulty equipment. ➢ Adhering to all safety and performance regulations. ➢ Review daily work orders and provide reports to the seniors. ➢ Managing stock and supply of equipment.