Pravin Sharma

Experience

• 

  Hawkins Cookers Limited

  Oct 2001 - Oct 2002

  Engineering Trainee
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  Kanchan Kitchen Aid Pvt. Ltd.

  Dec 2002 - Dec 2004

  Purchase Officer
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  Ispat Infrastructure India Limited

  Jan 2005 - Sept 2008

  Manager
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  SYNISE Technologies Limited

  Oct 2008 - Apr 2009

  Assistant Manager –Purchase Outsourcing

  ➤ KEY HIGHLIGHTSExpertise in Sourcing & ComplianceIn my role as a Procurement Specialist, I specialize in the acquisition of a broad spectrum of indirect materials, ranging from manufacturing items as per engineering specifications to hardware, electrical, electronics, and instrumentation components. My focus on ensuring strict compliance with technical requirements has been pivotal in maintaining the integrity of the supply chain.Vendor Payment and Budget ManagementI have developed and implemented effective vendor payment strategies, aligning them with the organization's budgetary guidelines. This approach not only ensures timely disbursements but also maintains financial efficiency and vendor satisfaction.Cross-Functional CoordinationMy role involves extensive coordination among various entities including clients, end users, stores, and accounts departments. This coordination is crucial for ensuring smooth operations and maintaining clear, effective communication across diverse stakeholder groups.Quality Standards and ISO ComplianceI take pride in managing and ensuring compliance with ISO documentation standards, thereby contributing significantly to the organization's commitment to quality and procedural adherence. This role requires a meticulous approach and a deep understanding of quality standards.Payment Recovery and Client Relationship DevelopmentI have successfully executed payment recovery strategies, which play a crucial role in financial management. Additionally, my contributions extend to developing new client relationships and supporting new project initiatives, where my ability to coordinate effectively has been instrumental.➤Specialties: Material Sourcing, Audits & Compliance, Vendor Management, Strategic Procurement, Procure to Pay SOP creation, Opex/Capex, Contract Management, Logistics Management, Materials Management, Project Procurement, Cost Negotiation, Inventory Management, Team Management, and People Management. Show less

• 

  CEAT Limited

  May 2009 - May 2011

  Assistant Manager

  ➤ KEY HIGHLIGHTSStrategic Sourcing and Innovative Cost-Saving InitiativesAs a dedicated Procurement and Sourcing Specialist, I bring a deep understanding of the complexities in sourcing a diverse range of engineering and manufacturing items. My expertise lies in precisely adhering to technical specifications, ensuring the procurement of electrical components, instrumentation, hardware, lab chemicals, and administrative supplies meets the highest standards.Vendor Relationships and Process OptimizationI have honed my skills in identifying, selecting, and developing vendors, building solid relationships crucial for maintaining quality and reliability in the supply chain. My experience with the Ariba E-Auction platform has been instrumental in finalizing bidding strategies and conducting E-bidding for high-value items, significantly optimizing procurement processes.Achievements in Cost-Reduction and Efficiency ImprovementI am proud to have been recognized as "ICON of the Quarter - 2010" and "ICON of the Month - 2009" for my exceptional contributions and innovative cost-saving initiatives. My strategic approach in utilizing the Ariba E-Auction methodology led to conducting 91 auctions with a resultant savings of 26 Lakhs, demonstrating my ability to effectively optimize procurement costs.Technical Innovation and Operational ExcellenceMy innovative thinking enabled the successful replacement of an expensive Siemens 266KW DC motor with a cost-effective Kirloskar alternative, resulting in significant cost savings of 45 Lakhs. I also played a pivotal role in drastically reducing stockouts, enhancing overall operational efficiency.Significant Contributions to Supply Chain PerformanceBy developing alternate vendors and focusing on lead time reduction, I have significantly improved supply chain performance, contributing to annual savings of 58 Lakhs, which equates to 3.87% of the total expenditure.➤Specialties: Material Sourcing, Audits & Compliance. Show less

• 

  ACG World

  Jun 2011 - now

  ➤ KEY HIGHLIGHTSAs a strategic procurement leader, I am at the helm of managing intricate sourcing strategies across multiple ACG entities, including ACG Pam Pharma Technologies Pvt. Ltd., ACG Pharma Technologies Pvt. Ltd., and ACG Inspection Pvt. Ltd., while also providing support to ACG Pharmapack Pvt. Ltd. & Associated Capsules Pvt. Ltd. in various global locations. My role is pivotal in ensuring seamless operations and achieving targets in diverse operational landscapes.Core Responsibilities:Process Optimization: I have established systematic processes for vendor negotiation and selection, particularly for major purchases and packaging materials across all engineering companies within the group.Contract Management: Successfully finalized Annual Rate Contracts, Group Company Transfer prices, and Scrap disposals Rate Contracts, driving significant cost efficiencies.Cost Reduction Initiatives: Actively identify and implement annual projects targeting cost reductions, uncovering substantial saving opportunities.Vendor Assessment and Development: Conduct thorough techno-commercial assessments of vendors, mitigating risks through the strategic development of alternate vendors.Vendor Consolidation: Spearhead vendor consolidation and rationalization strategies to strengthen leverage with suppliers.E-Procurement Innovation: Developed an Auction tool and executed E-Procurement strategies, including Bidding Strategy finalization and E-bidding for high-value items, utilizing platforms like Bobtech E-Auction, Ariba, and Mavenvista.Key Accomplishments:Crisis Management: Steered uninterrupted operations during challenging times, including the pandemic and semiconductor shortage crisis, maintaining critical supply chain functionality.Digital Transformation: Led the development and implementation of an Analytics Power BI tool across the ACG group, significantly enhancing sourcing capabilities. Show less Operational Excellence: Devised and executed a comprehensive Procure-to-Pay SOP, optimizing procurement workflows for peak efficiency.Training and Development: Established and delivered Sourcing Competency training programs, nurturing and enhancing the skill set within the sourcing team.Value Engineering: Championed various cost-saving initiatives, resulting in GMI improvement through Value➤Specialties: Material Sourcing, Audits & Compliance, Vendor Management, Strategic Procurement, Procure to Pay SOP creation, Opex/Capex, Contract Management, Logistics Management, Materials Management, Project Procurement, Cost Negotiation, Inventory Management, Team Management, and People Management. Show less

  • Head – Corporate Strategic Sourcing (DGM)

    Jan 2022 - now

  • Senior Manager

    Jan 2016 - Dec 2021

  • Manager

    Jun 2011 - Dec 2015