Narayan Phad
Global Sourcing and Procurement Manager at NEMADE Engineers Pvt. Ltd.- Claim this Profile
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Bio
Experience
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NEMADE Engineers Pvt. Ltd.
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India
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Manufacturing
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1 - 100 Employee
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Global Sourcing and Procurement Manager
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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
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Education
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Savitribai Phule Pune University
Master of Business Administration - MBA, Logistics, Materials, and Supply Chain Management -
Savitribai Phule Pune University
MBA/PGDBM, Production and Materials Management -
Savitribai Phule Pune University
Bachelor of Commerce - BCom, Banking and Finance