Yogesh Kumar

Experience

• 

  Caparo Engineering India Ltd

  May 2005 - Nov 2009

  Process design and development

  Process design and development

• 

  STERLING TOOLS LIMITED

  Dec 2009 - Mar 2014

  Component development

  Auto component development

• 

  CNH Industrial

  Apr 2014 - Aug 2017

  Purchase Buyer

  Purchase buyer

• 

  Hero MotoCorp

  Sept 2017 - now

  • Orchestrated a team to achieve a substantial cost saving of INR 110 Cr in the last 3 years through innovative sourcing strategies.• Pioneered the sourcing of various components (including casting, forging, bearing, fasteners & machining components) with an annual spend of INR 1200 Cr., achieving a cost saving of 12% from budgeted costs and 7% from target costs in new models.• Enhanced EBIDTA growth by 2% in the mid-segment through the application of cost optimization techniques.• Successfully on-boarded 7 new supply chain partners to expedite the launch of premium two-wheelers.Expanded capacities of critical castings & forging parts from zero to 700/day in 10 weeks to meet the demand for new premium models.• Implemented a vendor consolidation strategy that reduced the supplier base, leading to improved operational efficiency and better negotiation leverage with key suppliers.• Led strategic cost-saving initiatives resulting in substantial savings, optimized supplier relationships, and facilitated the successful onboarding of new supply chain partners, driving operational excellence and profitability.• Mitigated the risk by proactive financial health check-up of key suppliers and de-risked supplies to ensure business continuity.• Deployed effective sourcing strategy in critical part families like casting, bearing, forging, machining to enhance supply performance. Show less

  • Assistant General Manager

    Apr 2024 - now

  • Senior Manager - Strategic sourcing and supply chain

    Apr 2021 - Mar 2024

  • Manager Strategic sourcing and supply chain

    Sept 2017 - Mar 2021