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Prakash Matai

Prakash Matai

AVP Commercial

Followers of Prakash Matai3000 followers
location of Prakash MataiSouth Delhi, Delhi, India

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  • Timeline

  • Skills

    Vendor management
    Supply chain
    Logistics
    Materials management
    3pl
    Indirect taxation
    Inventory management
    Strategic sourcing
    Sourcing
    Supply chain management
    Procurement
    Cost reduction
    Vendor relations
    Business planning
    Management consulting
    Negotiation
    Manufacturing
    Spend management
    Product development
    Leadership

  • About me

    Sourcing Leader (General Manager - Sourcing) at Valvoline Cummins Pvt. Limited

  • Education

    • Maharshi Dayanand Sarswati University

      1990 - 1992
      Master of Business Administration (MBA) Business, Management, Marketing, and Related Support Services

      Activities and Societies: Cultural ,Social,Literary,Management Thinking group MBA

    • MDS university

      1986 - 1988
      B.Sc Bachelor of Science

      Activities and Societies: Cultural,Literary TRAININGSCII-Foreign Trade PolicyCustom-ValuationSEZ-procedure & compliances

    • Chaudhary Charan Singh University

      2016 - 2019
      Bachelor of Laws (LLB) Law Completed

      Llb from CCS University Meerut

    • Annamalai University

      1996 - 1997
      Post Graduate Diploma Materials Management

      Diploma in Materials Management

    • Mayo College, Ajmer

      1980 - 1987
      12 Biology/Biological Sciences, General

      Activities and Societies: Cultural,Drama,Arts &Crafts,Computers Schooling upto class xii

  • Experience

    • Thermal Power Project

      Apr 2010 - now
      AVP Commercial

      Apr 2010 - CurrentNEW DELHI, DELHI HEAD COMMERCIAL AND PROCUREMENT / Angul Jindal India Thermal Power Limited • Heading commercial and procurement functions of the company with annual procurement budget of over 200 crore per year• Responsible for O&M procurement ,Manpower,Logistics and services contracts, Insurance Management and Legal coordination for disputed contracts• Instrumental in formulation of Standard Operating Procedures (SOP) , Service Level Agreements ,Letter of Awards, General Terms and conditions for smooth execution of the contracts awarded to the successful bidders• Set up and negotiated contracts to obtain favorable pricing and delivery structures• Partnered with CFO and accounts head to create budget outlines and establish efficient procurement strategies• Managed employee benefits program for more than 400 employees of the company, working with vendors, providers and staff to maintain strong portfolio of insurance and retirement options• Acted as Insurance subject matter expert, answering internal and external questions and inquiries• Optimized Insurance Policy for plant operations in terms of premium and risk factors with maximum coverage• Management representative for representing legal disputes at forums like arbitration,high courts and other adjudicating authorities and playing key role in building strategies for strengthening the case Show less

    • Jindal India Power Ltd.

      -
      AVP Commercial

  • Licenses & Certifications

    • Independent Director Certificate

      Ministry ot Corporate Affairs
      Feb 2022
      View certificate certificate

    • Independent Director Certificate

      Ministry Of Corporate Affairs
      Feb 2022

  • Honors & Awards

    • Awarded to Prakash Matai
      BRIEF ON SOME OF MY ACHIEVEMENTS - Sep 2013  Year 2012-13 – Successfully managed 2500 crore procurement contract including multimodal transportation of ODC consignments from various supply locations to Power project in Orissa Year 2011(Feb-11):Chairman’s appreciation silver coin for compilation of SEZ application for submission to Ministry of Commerce resulting in cost saving of more than 900 crores Year 2011:(May 10) Chairman’s appreciation gold coin for standardization of terms and conditions and SLA for project procurement… Show more  Year 2012-13 – Successfully managed 2500 crore procurement contract including multimodal transportation of ODC consignments from various supply locations to Power project in Orissa Year 2011(Feb-11):Chairman’s appreciation silver coin for compilation of SEZ application for submission to Ministry of Commerce resulting in cost saving of more than 900 crores Year 2011:(May 10) Chairman’s appreciation gold coin for standardization of terms and conditions and SLA for project procurement  Year 2010:(February 10) Delivered a training programme for sports goods community and Industries at Meerut on Foreign Trade and Export benefits which was attended by State Administrative authorities including 30 companies. Year 2009: Awarded BMR Appreciation award for key role in wining a large ITES client for tax compliance solution. (The award is based on nominations from peer and senior group confirming to standards and practices followed by Big 4.) Year 2009:Developed a software enabled errorless module on ACD refund and SHARED SERVICE facility . Year 2007:Accomplished setting up of 100% subsidiary of a Japanese company in India and started business operations within projected time lines including setting up of a 3PL warehouse cum All India Delivery centre.(I was recommended for a promotion within 3 months of my joining the firm) Year 2006: Instrumental in project management in setting up of production lines for a polyester film manufacturing company in co-ordination with vendors, internal departments, factory in consultation with top management.  Year 2005:Accomplished part de-bonding of an EOU involving approval from Joint Secretary Min of Commerce ,SEEPZ and Excise authorities Show less