Lalit Kumar Sharma

Experience

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  Hindustan Coca-Cola Beverages

  Jul 2009 - Oct 2011

  Supply Chain Executive

   RFQ Initiation, CQA initiation PO initiation & Vendor master maintenance Compliance and Documentation: Maintained all relevant document related to procurement as strong audit trail  Facilitated procure to Pay Internal and External audits  Ensured regular Scrap disposal and Price update in System  Ensured Ontime materials delivery as per PO terms Responsible for all local buy

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  Bharti Infratel Limited

  Nov 2011 - Mar 2014

  Supply Chain Executive-Control & Monitoring

    Build monthly Management Accounting performance analysis (MAPA) & Invoice FTR percentage (First time right PO and Invoice) reports. Provide data support to the Head SCM on build effective processes to ensure high level of performance in terms of quality, efficiency, cost and service delivery. Keep tracked all the financial and non-financial KPIs of SCM. Managed VHD team (Vendor Help Desk team) Lead governance meeting with key supplier and internal customer to build healthy relationship. Develop, implement, communicate and monitor compliance of procurement policies Vendor query resolution in terms of POs, Delivery schedule and pending payments Lead Project Santusthi– BH and JK circle (Resolved the Old disputed supplier outstanding bill) Show less

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  Hindustan Coca-Cola Beverages

  Apr 2014 - now

   Analyse procurement data to uncover trends and opportunities for cost savings, process improvements, and enhanced supplier performance, utilizing statistical methods and advanced analytics techniques. Develop and maintain procurement dashboards and reports to track key performance indicators (KPIs), presenting findings to stakeholders. Optimize procurement costs while ensuring product and service quality by collaborating with cross-functional teams and leveraging technology tools. Conduct spends analysis and Tail end Spend analysis using Power BI Dashboards and clustering algorithms, providing valuable category insights. Evaluate supplier performance/Supplier score card through data-driven metrics, mitigate risks, and optimize supplier relationships. Collaborate with internal stakeholders to align procurement strategies with organizational goals. Stay updated with the latest developments in procurement analytics, data analysis techniques, and industry best practices. Learnings. Led Working Capital cash Projects and driving Values YOY, Improved Supplier payment term resulting Cash improvement. Spearheaded sustainability initiatives, leveraging expertise in plastic waste management, and implementing environmentally conscious procurement practices. Communicate procurement analytics findings to executive leadership and relevant parties for informed strategic decisions. Ensure compliance with legal and ethical standards in procurement activities. Show less Category Management:  Execute entire sourcing / buying process of Indirect materials and Services Build and drive comprehensive category strategies to drive cost savings and working capital improvements Develop new vendors in all fields with a scope of cost saving & quality of product/service.  PR – PO Convection within the time frame RFP initiation, evaluation of vendor offers, price Benchmarking based on Historical buying, Negotiation, PO creation and build contract strategy. Ensured robust services and on time delivery Delivered year-over-year savings throughout multiple service and indirect material categories. Stake holder Management by influencing the core user group and Suppliers to deliver value Identifying innovative initiatives in terms of service development for the respective categories Streamlined procurement processes and policy  Contract Management Assist in resolving issues raised in purchasing audit reports Establish strong collaborative supplier and business relationships to ensure maximum support to the business Continuously enhance the sourcing processes with new learnings, identifying key tools and processes to drive efficiency in the sourcing process. Become proficient in e-sourcing tools such as Ariba Show less Materials Requirement Planning Design and monitor the effective procurement plan for raw materials, packaging materials & consumables based on projected production plan.  Ensure no production stop due to shortage of Raw materials, Packaging materials and line consumables. Formulate reorder level of materials, review safety stock and follow-up with the vendor to deliver the materials as per agreed delivery schedule. Purchase Management – Sourcing & Negotiations Responsible for Indirect sourcing of East Zone (Local buying – MRO, Facility Services, DME/Marketing, Travel, Hotels & Plant Services)  Ensure all the procurement done accordance with the procurement policy Transactional responsibility like PO generation, Vendor master’s maintenance includes addition of new vendors as per policy, inactivation of old vendors, vendor master maintenance & periodic review &Payment co-ordination with finance for timely payments and addressing vendor related issues Generate purchase order reports, open PO review, track budget vs actuals spend for business units and facilitate in monthly provisioning.  Facilitate procure to pay audits Streamline the systems & procedures for effective inventory control by ensuring ready availability of the materials, pivotal in assessing physical layout of warehouse / stores. Reduced the levels of slow and nonmoving item and regular disposal of scrap on time to time so that organization get optimum benefit through disposal the scrap. Show less

  • Manager Strategic Procurement Analytics

    Apr 2019 - now

  • Team leader Spend Management - Indirect Procurement

    Apr 2016 - Mar 2019

  • Procurement Executive

    Apr 2014 - Mar 2016