Narayan Phad

Global Sourcing and Procurement Manager at NEMADE Engineers Pvt. Ltd.
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Contact Information
us****@****om
(386) 825-5501
Location
Pune, Maharashtra, India, IN

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Experience

    • India
    • Manufacturing
    • 1 - 100 Employee
    • Global Sourcing and Procurement Manager
      • Apr 2018 - Present

       As a Strategic Sourcing Manager, I built relationships with the Business Units and Functions and established customer requirements in the relevant categories.  10+ year’s expertise in Negotiating with dedicated providers according to specific policies to cultivate and manage key supplier relationships for long-term strategic positioning.  A strong foundation of function skills and knowledge of relevant Purchasing and Sourcing concepts.  Identifying the procurement need, identifying suppliers and arranging optimal contracts in terms of pricing, quality, delivery timing and supply availability over the period of the contract along with after sales-support.  Negotiating pricing, INCOTERMS and commercial conditions of agreements and managing through the contract lifecycle  Conducting timely reviews with 300+ Vendors to measure performance against contractual standards and performance expectations. Reviewing spend analysis and industry trends frequently.  Delivering savings and cost-avoidance results and providing actionable insight supporting strategic initiatives.  Performs savings tracking, and reports realized savings continuously, ensuring realized savings tie back to departmental budgets.  Demonstrating and executing a general understanding of assigned responsibilities (goods, services, etc.) within procurement & strategic sourcing.  Managing a 10+ team of buyers and coaching and mentoring them on key procurement processes and resource utilization.  Accountable for enhancing stakeholder experience and engaging in expanding the scope of work.  10+ years experience in Stakeholder management.  Controlling the $ 10 million annual purchasing budget, reviewed tenders and bids as well as sourcing the most affordable raw materials like Engineering BOM items, Fabricated Items, Fixtures, HSS/ MS Steel, Forged Bars, Sheet metal, Electrical brought items, Oil and lubricants, Abrasives Products, Pneumatics Items, Hydraulic Pipes Show less

Education

  • Savitribai Phule Pune University
    Master of Business Administration - MBA, Logistics, Materials, and Supply Chain Management
    2011 - 2013
  • Savitribai Phule Pune University
    MBA/PGDBM, Production and Materials Management
    2009 - 2011
  • Savitribai Phule Pune University
    Bachelor of Commerce - BCom, Banking and Finance
    2007 - 2009

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