Sumeet Sahay, PDPP, ISM-CPSS, CII-SCMPro

Experience

• 

  Tata Motors

  May 2006 - Jun 2006

  Summer Intern

  DESIGN OF PLC BASED CONTROL SYSTEM FOR DRILLING & TAPPING MACHINE

• 

  Bharat Heavy Electricals Limited

  Feb 2008 - now

  *Implemented and managed compliance programs to ensure adherence to relevant laws, regulations, and industry standards.*Conducted compliance risk assessments and developed mitigation strategies to address identified risks.Monitored and investigated suspicious activities, including potential fraud, insider trading, and conflicts of interest.*Coordinated with legal counsel and external advisors on complex compliance issues and regulatory inquiries.*Provided training and guidance to employees on compliance policies, procedures, and ethical conduct.*Participated in the development and enhancement of compliance policies, procedures, and internal controls. Show less * BOP Procurement Management: Led procurement of Balance of Plant packages totaling INR 5 billion with a 10% cost reduction.*Lead procurement activities for Balance of Plant (BOP) components including civil works, electrical systems, and auxiliary infrastructure for thermal, hydro, nuclear and FGD power projects*Negotiate contracts with suppliers to ensure favorable terms and conditions while meeting project budgetary constraints.*Develop and implement procurement strategies to optimize cost savings and mitigate supply chain risks.*Collaborate with engineering and project management teams to identify technical requirements and specifications for BOP equipment and services.*Conduct supplier evaluations and performance reviews to maintain a qualified vendor pool and drive continuous improvement.* Ensure compliance with regulatory standards and internal policies throughout the procurement process. Show less  PAN BHEL Contracts: Finalized INR 3 billion rate contracts for Electrical BOIs, saving INR 500 million within one year. Spearheading the process of fixing rate contracts (RC) & framework agreements (FA) for BOIs required for Thermal/Hydro sets, required by service departments through the development & implementation of key procurement strategies/contingency plans  Ensuring entry into MOUs for techno-commercial compliance for identified items/packages, optimizing project schedule & cost, increasing flexibility & reduction in procurement time, and developing a portal for public procurement for the creation of technical particulars thus formulating contract conditions Devising & implementing policies & SOPs for Procurement & Contract Management Functions, ensuring up-gradation of General Conditions of Contract (GCC) and Standard Tender Enquiry terms while functioning as a Task Force Member and managing the revision of the company’s purchase policy/ works policy as per the requirement Managing indirect procurement of IT services both software & hardware, facilitating tender room and HR activities on RTls related to PEM functions while maintaining coordination of legal cases related to CMM and PG Leading ordering & invoice processing for contracts (indirect materials), benchmarking performance of Supply Chain w.r.t. procurement processes, administering online purchasing systems along with facilitation of e-procurement process Performing sourcing & rate negotiation of material locally & worldwide with proper incomer's, delivery time & quality, collaborating with business leaders for identifying, sourcing, and procuring needed good or service from qualified suppliers Formulating technologies, processes, & procedures to support the purchasing process (Supplier Relationship Management), analyzing contracts while implementing improvements to increase margins Show less  Successfully managed tendering & order placement process of 65+ rate contracts of BOIs worth more than INR 475 Cr pertaining to mechanical, electrical, C&I and civil area for thermal power utilities, thus saving of INR 100 Cr. RCs that resulted in material cost reduction which is approx. 15% in last 3 years Finalized order placement for PAN BHEL requirement of rate contracts for Electrical BOIs worth more than INR 300 Cr with a saving of INR 50 Cr Ordered IT procurement worth Rs 55 Cr including unit level ERP, AMC and technical support for ERP, DMS User Licence, AMC CEASER, and AMC IT Equipment Led a cross-functional team of 5 members representing departments like manufacturing, logistics, engineering, quality and finance; functioned as a SPOC for client and resolved site-related queries Drafted general conditions of contract for all project purchase standard NITs and implemented at unit level Managed administration activities for EPS for e-Procurement System including Supplier/Buyer Manage, DSC Manage, Enquiry Mapping, helping vendors for submission of bid on EPS, coordinating with service provider for technical issues faced by vendor/PEM user Optimized equipment delivery schedule standard through the identification of long-lead delivery items, requiring 6+ months for manufacturing and initiating procurement process and reduced project completion time by 3 months’ post-implementation Evaluated vendor performance for rejections, quality, timely delivery, and after-sales service, and managed continuous review mechanism for effective procurement & delivery of materials Replied to Audit & Vigilance Paras, worked on arbitration cases & contract closing, performed RCA & Cost Analysis of process activity and managed preparation of quotation against Customer NIT Show less  Successfully managed tendering & order placement of more than 550 orders, worth INR 550 Cr related to both BOI & BOPs of Mechanical, Electrical, C&I & Civil area for thermal power utilities (Transformers, LT Switchgear, GCB, Battery, Lighting Systems, Cables, Cabling and Earthing Materials, Cooling Towers, Material Handling Systems, Water Treatment Plants, Ozone Generation Plant, AC & Ventilation Systems, Compressed Air Systems, Valves, Pumps, Motors, C&I panels, Vibration Isolation Systems) Worked on Cost Management through negotiation, localizing imported goods, second source and value engineering, prepared billing break-up plan by assigning monetary values to deliverables and ensured invoicing for prompt realization of receivables Successfully achieved INR 30 Cr of DEEC bond closure by continuous follow-up on different DGFTs for EODC and then in different customs Conducting Systems Development activity, interacting for system study, requirements gathering & analysis, designing & developing coding & system design while ensuring creation of algorithms, debugging and troubleshooting of application Took care of custom & DGFT coordination, excise & GST, import/export licensing, compliance, operations and incentives for different power projects of BHEL and for all export and import done from Mumbai and near ports Addressed custom objections, managed technical write-up & representations and maintained compliances of customs and DGFT, replied to customs SCN and performed demand notices audits; managed registrations validation & extension of different duty scripts like FMS, export promotion schemes, SFI, EPCG, DEEC, power certificates, project import, MEIS different duty exemption/incentives and notifications of customs and DGFT for export and import activities Performing smooth implementation & testing of application at location Show less Accountable for procurement from all over India and Global Sourcing and Imports including LC opening, Custom Clearance.Worked on Orders / Service Orders / Contracts for Engineering, Procurement & Commissioning (EPC) Evaluated Vendor performance with reference to rejections, quality, timely delivery, after sales service Prepared the billing break-up plan by assigning monetary values to deliverables and ensured timely invoicing to clients for prompt realization of receivables.Ensured project related compliance of statutory requirements from regulatory authority such as Central Excise Authorities (CEA), Customs and Central Sales Tax (CST). Show less • Managed Spares & Service Business Group for proving Service after Sale to Thermal Power Utilities for Bokaro TPP, Chandrapura TPS, Mejia TPP, Durgapur TPP (DVC), Bandel TPP, Kolaghat TPP & Bakreshwar TPP (WBPDCL)• Prepared Quotation against Customer NIT and managed Proposal Engineering for OEM, Commissioning & Mandatory Spares• Organized critical spares at the time of overhauling, validated material at the site, prepared MRC & submission of bills to customers for cash realization• Arranged cash collection against advance, current billing against dispatch & deferred billing Show less

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    Mar 2022 - Mar 2024

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    Jun 2020 - Mar 2022

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    Jun 2017 - Jun 2020

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    Feb 2008 - May 2009