Dhaval Koshti

Experience

• 

  Shashwath Steel Ltd.

  Jul 2016 - Dec 2018

  Junior Buyer

  • Created, checked and processed RFI, RFQ, PR, PO with vendor in timely manner and resolved 90% of invoice discrepancy.• Negotiated contracts, delivery schedules, returns and rebates with suppliers as per company requirements and contributed 1M cost saving to the company.• Interpreted past and present trends with rolling forecast and maintained orders and inventory to sync with current trends to achieve 0% out of stock.• Identified and negotiated with third party vendor regarding warehouse carrying cost, freight cost, handling cost and achieved 60% cost saving to company with 0% lost sales.• Followed-up regularly with the suppliers and logistics team for on time delivery with right quantity and quality of the products and verified invoices as per purchase orders.• Effectively forecasted purchasing trends, reduced lead times to achieve most viable solution and guarantee supply.• Conducted inventory audit on weekly basis and achieved EOQ. Audited in timely manner to troubleshoot inventory discrepancy and enhanced inventory accuracy.• Implemented and led cross functional team for the development of the new product and forecasted market scenarios and achieved 90% accurate inventory.• Investigated root cause analysis about quality issues in production for the customers and vendors. Ensured quality delivery.• Managed Customer’s Supply Chain Fundamentals (Lead-times, Performance Metrics and Constraints), providing explanation for items and customer’s expected goal. Ensured loading schedules are aligned with customer delivery schedules.• Prepared MIS reports and Presentation for Management review meeting (MRM) on daily purchasing operations for top management including inventory analysis report to assess the performance Show less

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  Biobest

  May 2021 - Jul 2022

  Procurement Officer

  • Discovering, developing and managing profitable suppliers and initiate business and organization partnerships• Identifying, helping in qualifying and developing new suppliers by management of multi-national RFQ’s, assessing supplier capabilities, performance and quality using data analysis• Helping in defining pricing and contractual conditions with suppliers and monitor supplier performance• Negotiating with external vendors to secure advantageous terms• Introducing, Tracking and reporting key functional metrics to reduce expenses and improve the effectiveness• Maintaining relationships and communications with internal and external stakeholders and suppliers• Working with suppliers to ensure issues are identified and resolved to closure in a timely manner.• Coordinating with internal and external customer requirements. Identifying sources of supply/demand variation.• Ensuring purchasing targets are met while respecting compliance needs, all laws & internal SOP’s.• Leading internal group to implement an ongoing vendor KPIs/supplier scorecard and develop strategies for improving poor performers and/or sourcing second suppliers for critical materials and developing supplier scorecards.• Reviewing MRP reports & processing purchase orders for materials requirements from approved suppliers.• Working with supply chain to ensure materials are on-hand, on time, & available to support technical operations schedules by following up on deliveries. For delays, providing timely communication to the appropriate internal customers.• Collaborating with supply chain planners to maintain inventory levels in accordance with organization goals, by reviewing & maintaining MRP data. Show less

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  BIOFLEX Laser Therapy

  Aug 2022 - now

  • Supply Chain and Inventory Specialist

    Sept 2023 - now

  • Supply Chain Specialist

    Aug 2022 - Aug 2023