Akash Maniar

Experience

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  Tamboli Corporation

  Jul 2005 - Sept 2010

  Sr. Materials engineer

  ● Expertise in inventory management resulting in reduction of inventory level from 35 days to 21 days through supplier's managed inventory and revising reorder levels based on lead time.● Skilled in identifying and developing potential vendors locally and globally resulting in cost-effective purchases of raw materials and finished goods through landed cost analysis.● Proficient in preparing MIS reports for management review of input cost variation, rejection reports, and consumption patterns.● Efficiently developed MRP system to harmonize the common required items from various departments resulting in the reduction of procurement process and input cost.● Executed rate contracts for miscellaneous engineering purchases, spares, and "C" class materials, reducing repetitive order preparation time from 15 days to 7 days.➤ Specialties: Global Sourcing, Capex Procurement, Green Field/Brown Field Project, Planning & Inventory Management, Contract Management, Budgeting & Cost Optimization, Supplier Management, Operations Management Show less

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  Torrent Pharmaceuticals Ltd

  Sept 2010 - Oct 2021

  Procurement Manager

  ● Skilled in centralized procurement of engineering, capex, and indirect procurement, reducing the number of suppliers and achieving optimal costs for all plants across multiple locations, managing a yearly procurement of INR 125 Cr approx.● Experienced in handling procurement for Utility, Mechanical, HVAC, Civil, ETP, HSE, DEC, and MEP consultancy.● Successfully managed green field and brown field project procurement from start to finish, including environment consultancy, civil contracts for OSD Project in Ahmedabad, HVAC work for R&D Center, and renovation project for US Site.● Proficient in procurement of engineering contracts such as HVAC, Mechanical, Fire hydrant, Cleanroom, Lab furniture, Modular furniture, ETP contracts, etc.● Expertise in procurement of formulation equipment such as Decontamination booth, Industrial and Analytical balance, Sampling booth, Compression machine, etc.● Led the QC procurement portfolio including Laboratory Chemicals, Consumables, Impurity, LAB instruments, Calibration & Testing services, Spares, and AMC Contracts.● Demonstrated strategic negotiation skills resulting in cost savings of 15% in procurement of key analytical instruments (HPLC) through vendor development.● Drafted contractual, general, and standard terms & conditions as per category of procurement type, improving communication and clarity with suppliers.● Successfully finalized rate contracts for MRO and AMC for three years of all plants, reducing cost impact by 10% and eliminating repetitive work by 15%.● Spearheaded a special brown field project procurement for a global site, achieving a 10% cost reduction on a $10 million project through local sourcing.➤ Specialties: Global Sourcing, Capex Procurement, Green Field/Brown Field Project, Planning & Inventory Management, Contract Management, Budgeting & Cost Optimization, Supplier Management, Operations Management Show less

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  Torrent Electricals Private Limited

  Nov 2021 - now

  Procurement Manager

  ● Experienced in instituting and executing high-level procurement strategies, making critical decisions, and overcoming complex business challenges with strong work ethics and integrity.● Led the procurement team of a cable manufacturing unit, managing yearly procurement of approximately 500 crores.● Strategically scheduled material procurement plans for aluminum and copper, securing against price fluctuations.● Managed procurement of all raw materials such as PVC, XLPE Compound, PVC resin, and steel, achieving optimal cost through quantity discounts and direct sourcing from manufacturers.● Oversaw procurement of critical production machinery for growth and expansion projects.● Maintained inventory, ordered supplies, and kept purchase records within an authorized budget while ensuring cost reduction.● Proficient in scrap management and labor contract procurement, such as housekeeping, landscaping, material handling, and labor supply.● Maintained strong relationships with key suppliers to deliver breakthrough performance in cost, service, and quality.➤ Specialties: Global Sourcing, Capex Procurement, Green Field/Brown Field Project, Planning & Inventory Management, Contract Management, Budgeting & Cost Optimization, Supplier Management, Operations Management Show less