SAIKIRAN CSCP
Dubai
Summary
An influential results-oriented Procurement Professional with 7 Years of total experience in Direct, Indirect and services Categories of strategic sourcing, vendor management, and contract negotiation. Adept at developing and implementing procurement strategies to optimize costs while maintaining quality and efficiency. Proven track record of achieving substantial cost savings through effective supplier negotiations and process improvements. Possesses strong analytical skills to identify opportunities for process optimization and efficiency gains. Well-versed in collaborating cross-functionally to align procurement strategies with organizational objectives. Demonstrated ability to build and maintain strong Supplier relationships through effective communication & interpersonal skills to ensure a reliable and cost-effective supply chain. Seeking to leverage expertise in procurement and supply chain management to collaborate on the success of a dynamic organization. Methodical Job Title with background overseeing purchase of goods and services on behalf of organization. Seasoned expert at bid process guidance and contract administration. Talented leader when following and enforcing purchasing rules, procedures and associated regulations.
Overview
7
7
years of professional experience
4
4
Languages
Work History
REGIONAL PROCUREMENT LEAD
Georg Fischer Corys Piping Systems (HEPWORTH)
Dubai
01.2020 - Current
- Accountable and part of the Procurement operations for the Middle East region (Different Categories of Indirect and Services) of approximately $165 million spent annually achieved of cost savings 9% of the year 2023
- Initiated and Supervised all Capex Projects that directly collaborated on a 30% increase in revenue, demonstrating a strong understanding of market trends and Stakeholder needs
- Identified opportunities for optimization and made data-driven decisions to enhance the operational efficiency, sustainability as a Core value, and user experience of facilities
- Successfully re-negotiated with suppliers for the annual year 2023 achieving a target of an additional 8% reduction in unit costs on bulk buying of Packaging materials, Fabrication & Customized fittings, Coatings & Foundries, Welding Spares & MRO Buying
- Handled more than 70+ negotiated Contract agreements of Indirect categories of 3 different plants and negotiated with all Strategic suppliers & captured all favorable terms and conditions to the Company & eliminated complete off Contract Sourcing
- Applied reverse engineering mechanisms & JIT Systems on MRO to understand the supply chain dynamics of critical & Major Spares and components that have Quick obsoletion
- Leading to improved risk management strategies and a great reduction in supply chain disruptions
- Implementation of ABCD analysis (60-20-15-5)- Pareto Concept applied to the supplier base and optimized Spend
- Successful in adding the SRM tool Gate Keeper to blend with ERP to improve Compliance, and reduce and save efforts, time, and costs
- Developed key metrics for continuous improvement of Options.
PROCUREMENT EXECUTIVE
IFFCO Group
Dubai
01.2018 - 01.2020
- Spearheaded sourcing initiatives in spend management Indirect categories of Capex, Opex, Machinery Spares, MRO, AMC & other services for different stakeholders of - Manpower, IT support, Marketing, General administration, Facilities Management & Group Insurance and travel-related services, a wide range of Packing materials & Factory Consumables spending, which resulted in reducing costs by over $0.5 million (mm) equative to 5% less than to previous year
- Also ensuring Procurement Compliance, Ethical Standards & Data Security
- Increased the supplier diversity index by 15%, promoting a more inclusive and varied supplier base
- Implemented six process improvements in collaboration with suppliers, resulting in increased efficiency and reduced lead times
- Exposure to MDM registrations from Supplier onboarding to evaluation & and termination
- Successfully negotiated with key suppliers, achieving a 12% reduction in unit costs of Consumables, and packaging materials without compromising quality or delivery timelines
- Monitor suppliers' compliance with contract terms and conditions, ensuring routine attestations and reports are delivered promptly as per the Contractual terms
- Conducted life cycle cost analysis through reverse engineering, enabling better-informed procurement decisions that consider long-term asset maintenance, Supply chain management and operational costs
- Achieved a 95% compliance rate with customs regulations, minimizing the risk of delays and penalties in Key Projects Developed an RFI, RFQ & Request for Proposals templates to ensure the business needs are addressed
- Implemented technology solutions for Indirect Procurement - Supply Chain Projects such as RFID tracking, WMS, TMS, and Real-time monitoring, improving visibility into logistics operations and reducing the occurrence of errors
- Supervise the sourcing, pre-qualifying, and evaluation of suppliers by the procurement team, advising senior management on appropriate commodities and services
- Devised new sourcing strategies as a risk mitigation
- Responsible task driven & Managed Complete Tender cycle, Bid Documentation & processes, Technical & Commercial evaluations awarded Contracts, and administered purchase orders for supplies, services, and project materials
- Renegotiated contract to get the annua rebates and improve financials of the Companies.
PROCUREMENT ENGINEER - Indirect Category
STOVEKRAFT PRIVATE LIMITED
Bangalore
01.2017 - 01.2018
- Adopted a customer-centric approach, ensuring that internal stakeholder's needs were understood and addressed effectively
- Studied the P2P cycle and suggested improvements in the area and workflows to the Procurement manager
- Developed supplier scorecards with metrics and feedback loops to gauge the Supplier performances for Improvements
- Monitor On & and off-contract Purchases creating a database for Complete Indirect Categories focusing on AMC, Major Spares
- Actively engaged in continuous learning, attending relevant workshops or training programs to enhance procurement skills and knowledge from experts to share with team to create a positive environment
- Identify and mitigate commercial risks associated with procurement activities and supply base
- Conducted feasibility studies through Spread sheets to optimize type, resource utilization and cost-effectiveness
- Generated and reviewed activity and performance reports to ensure efficient section functioning and identify areas for improvement
- Innovative approach with multitasking skills of executing sourcing techniques.
Education
Certified in Supply Chain Professional (CSCP) - APICS/ASCM - undefined
Obtained a Certification and membership, USA
MBA in Supply Chain & Logistics Management - undefined
University of Petroleum and Energy Studies
Bachelor of Technology in Mechanical Engineering - undefined
Jawaharlal Nehru Technology University
Pursuing CIPS Level -4, Diploma in Procurement and Supply - undefined
Experienced Professional in using Power BI & Tableau data analytics & Visualization tools - undefined
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Skills
Category Management
Accomplishments
- Successfully transformed the Business from Transactional levels to Digital Procurements, being a part of Central Procurement, and achieved Return of investment (ROI) Targets of more than 7% Growth through Change management. Implementation of effective Spend analysis.
Personal Information
- Date of Birth: 10/24/1995
- Nationality: Indian
- Driving License: UAE
- Visa Status: Residence UAE
Timeline
REGIONAL PROCUREMENT LEAD
Georg Fischer Corys Piping Systems (HEPWORTH)
01.2020 - Current
PROCUREMENT EXECUTIVE
IFFCO Group
01.2018 - 01.2020
PROCUREMENT ENGINEER - Indirect Category
STOVEKRAFT PRIVATE LIMITED
01.2017 - 01.2018
Certified in Supply Chain Professional (CSCP) - APICS/ASCM - undefined
Obtained a Certification and membership, USA
MBA in Supply Chain & Logistics Management - undefined
University of Petroleum and Energy Studies
Bachelor of Technology in Mechanical Engineering - undefined
Jawaharlal Nehru Technology University
Pursuing CIPS Level -4, Diploma in Procurement and Supply - undefined
Experienced Professional in using Power BI & Tableau data analytics & Visualization tools - undefined
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