Ankit Kumar

Ankit Kumar

Executive (Risk Management)

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location of Ankit KumarNew Delhi, Delhi, India

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  • Timeline

  • Skills

    Microsoft office
    Microsoft excel
    Microsoft word
    Powerpoint
    Customer service
    Windows
    Research
    Outlook
    Photoshop
    Html
    Autocad
  • About me

    worked as an Assistant Engineer in the erection of 12MW back pressure turbine

  • Education

    • Walchand Institute of Technology, Solapur

      2005 - 2009
      Bachelor of Engineering (B.E.) Production Engineering 1st Class with Distinction

      Activities and Societies: Won 1st prize in quiz competition in I.S.T.E.; Volunteer of National Service Scheme (N.S.S.)

    • Symbiosis Centre for Distance Learning

      2017 - 2019
      Post Graduate Diploma in Business Management Operations A
  • Experience

    • Bonanza Portfolio Ltd

      Oct 2009 - Aug 2010
      Executive (Risk Management)

      Processing Daily Limits for Clients on various markets which include Equities, Currencies, Commodities, FNO through ODIN software.Investigating & calculating cash and asset of clients and providing them with the sufficient limits also making them aware of the risks.Data analyzing, Data entries, Calculating Margin funding, Report making on daily as well as the weekly basis in MS Excel.

    • SBEC Sugar Ltd

      Sept 2010 - Dec 2013
      Assistant Engineer

      Repair, maintenance & operations of mechanical equipment such as boilers, gearboxes, pumps, shafts, valves, etc.Involves in supplier identification, profiling, benchmarking & negotiation process for various products including lubricants, bearings, etc.Helps purchase department in a proper understanding of drawings & procuring of materials, machines, etc.Responsible for execution of the complete process in the allocated budget by optimum use of material and manpower.Responsible for attending the breakdown in bare minimum time during the shift.Execute and support phase in – phase Out (PIPO) planning related to new machines or improvement in current machines (quality, features, cost, etc).Responsible for material requisition work, the indent of new tools, machines & equipment for new product developmentResponsible for the procurement of the entire turbine related parts including transportation of the samePerforms new supplier identification and update existing vendor list by checking their plant facilities including certificates, plant capacity, etc. Show less

    • Balrampur Chini Mills Limited

      Dec 2013 - Apr 2017
      Mechanical Engineer

      Repair, maintenance & operations of mechanical equipment such as boilers, gearboxes, pumps, shafts, valves, etc. Keep an inventory of machines, spare parts, equipment, and materials.Involves in supplier identification, profiling, benchmarking & negotiation process for various products including lubricants, bearings, etc.Helps purchase department in a proper understanding of drawings & procuring of materials, machines, etc. Knowledge of SAP - Production Planning (PP) & Material Management (MM) modules.Responsible for execution of the complete process in the allocated budget by optimum use of material and manpower.Responsible for attending the breakdown in bare minimum time during the shift.Execute and support phase in – phase Out (PIPO) planning related to new machines or improvement in current machines (quality, features, cost, etc).Responsible for material requisition work, the indent of new tools, machines & equipment for new product development.Responsible for handling purchasing of industrial products including connecting with suppliers by sending RFx (RFI, RFQ, and RFP) and receiving quotes from them, preparing price comparison, purchase order creation, managing transportation of the material and receiving them in store on timePerforms new supplier identification and update existing vendor list by checking their plant facilities including certificates, plant capacity, etc.Responsible for coordination with the accounts department for various requests such as prepayment and final payment Identified and developed guidelines for standard operating procedures to streamline the use of inventory to be more cost-effectiveKnowledge of DCS (Distributed Control System) Show less

    • Aranca

      Apr 2017 - Sept 2019
      Senior Consultant procurement and supply chain

      Types of Projects: Supplier ID and shortlisting (RFI, RFQ/RFP), Price benchmarking and forecasting, Spend Analysis, Vendor Management, Category Intelligence, Category dashboard, Cost model and structure analysis, Best cost country sourcing, Identification of sourcing best practices, Supply market analysis, Supplier risk analysis, etc.•Procurement of multiple raw materials (mechanical, chemical & electrical components such as machined, casted, forged, additive manufacturing, stamping & bending products, lubricants and other specialty chemicals) across various industries, including manufacturing, paper, automobile, medical devices, pharmaceuticals, FMCG, textile, oil & gas, chemical, wind turbine etc. globally with an overall spend ranging from less than a million to one billion (USD)•Support in building optimal ocean and road freight logistics plan for a global FMCG organization including identification of agencies/suppliers at the port, get the ocean freight, port dues, government dues, toll charges, etc. and analyze statistical data and reports to ascertain trends in performance, resulting in maximum effective and efficient use of logistical resources •Provide tactical, operational direction and support to business owners in relation to strategic sourcing and vendor management standards globally•Vendor management including supplier identification, price negotiation to get quotes within or lower range compare to benchmark price, quality of work, negotiating contracts, ABC classification of vendors •Global sourcing of the product to get the pricing quotes. Also get company information such as annual revenue, production capacity, availability of machines, certificates, etc. •Perform SWOT, PESTEL and PORTER analysis for various industries including Food and Beverages, Facilities etc.•Macroeconomic analysis of countries through various parameters such as GDP Growth, GDP Contribution, Industrial Investment Plan Show less

    • Accenture

      Sept 2019 - Jun 2021
      Supply Chain Advisor (Sourcing & Category Management)

      Global Procurement of direct & indirect categories across various industries with an overall spend ranging from less than a million to one billion (USD)Performs end to end procurement including supplier identification, RFP preparation, launching & managing sourcing projects, performing response analysis, supplier selection including price & contract negotiationPerforms e-auction/live bidding/e-tender to get additional cost savings of ~8-13% (after RFx).Performs qualitative and quantitative analysis of RFI/RFQ/RFP/e-auction and delivers the report in excel & PPT to the client/technical teamDesign & Develop quick reference guide, pitch book, workbook, etc. to assist the Sourcing Professionals & SuppliersMaintain strong vendor relationships, achieving cost savings, and negotiated contracts for various direct and indirect categoriesRelationship Management (Client Engagement):Support category managers/VPs in developing project strategy, operational direction and communication plan to perform global sourcing including supplier identification, development of RFI, RFP/RFQ templates, negotiation, etc.Develop and maintain strong relationships with ~50 buyers covering ~30 categories with an overall spend of ~80 million EUROProject Management & Execution:Own end-to-end impact delivery of projects - including ideation, problem-solving, developing an execution plan and implementationOversee execution of multiple projects simultaneously, tracking, guiding and supervising team members to complete the project on time and within budgetPerformance Management:Assist in developing success criteria, best practices, metrics, and benchmarks, monitor and manage adherence to SLAs, KPIs, and targets Show less

    • GEP Worldwide

      Jun 2021 - Feb 2023
      Strategic Sourcing Lead

      Managing end to end (until S2C) two categories:Tolling & 3rd Party Products Formulation Chemicals

    • Deloitte

      Feb 2023 - Nov 2023
      Deputy Manager Supply Chain Consulting
    • Accenture

      Dec 2023 - now
      Associate Manager (Sourcing & Category Enablement)
  • Licenses & Certifications

    • Generative AI and Its Impact to Everyday Business

      Accenture
      Oct 2024
    • Business Intelligence for Consultants

      LinkedIn
      Mar 2023
    • Negotiation Skills

      LinkedIn
      Mar 2023
    • Digital Transformation

      LinkedIn
      Mar 2023
    • Generative AI and Its Impact to Everyday Business

      Skillsoft
      Oct 2024
      View certificate certificate
    • Digital Transformation in Supply Chains

      Project Management Institute
      Jun 2023
    • Supply Chain and Operations

      LinkedIn
      Jun 2023
    • Harnessing the Disruption of Generative AI

      Accenture
      Oct 2024
    • Supply Chain Basics For Everyone

      LinkedIn
      Mar 2023
    • People Leadership Credential – Chapter 1: Connect

      Accenture
      Sept 2024
      View certificate certificate
  • Honors & Awards

    • Awarded to Ankit Kumar
      Beacon of Leadership Award Accenture Aug 2025
    • Awarded to Ankit Kumar
      Core Value Champion Award - Aug 2024
    • Awarded to Ankit Kumar
      Client Appreciation Bayer (Client) May 2022 For outstanding collaboration in the BAYER-GEP partnership and delivering exceptional performance
    • Awarded to Ankit Kumar
      Star of Business Award - May 2020
    • Awarded to Ankit Kumar
      Nominated for Best Employee of the Year - Dec 2018
    • Awarded to Ankit Kumar
      Nominated under the value "EXCELLENCE: NOTHING LESS WILL DO" - Dec 2017