Potluri Ashok Kumar

Deputy Manager at Lanco Amarkantak Power Limited
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Contact Information
us****@****om
(386) 825-5501
Location
Gurgaon, Haryana, India, IN
Languages
  • English Professional working proficiency

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Credentials

  • Certificate Program in Contract Management
    The World Bank
    Jun, 2021
    - Oct, 2024
  • Demystifying Blockchain Technology for Procurement Professionals
    Institute for Supply Management - India
    Apr, 2018
    - Oct, 2024
  • Commercial Management in Hydro and Thermal Power Plants from NTPC - PMI, Noida
    NTPC - PMI
    Apr, 2012
    - Oct, 2024
  • Software Automation (Quick Test Professional)
    Peers Technologies Private Limited
    Oct, 2007
    - Oct, 2024
  • Software Testing Tools
    Peers Technologies Private Limited
    Sep, 2007
    - Oct, 2024
  • Honours Diploma in Internet Applications
    Software Solutions Integrated
    Jul, 2001
    - Oct, 2024

Experience

    • India
    • Construction
    • 1 - 100 Employee
    • Deputy Manager
      • Feb 2019 - Present

      Responsible for end to end contracts and procurement activities, acquisition of services and materials from external service providers and suppliers in a timely, efficient and effective manner that is in line with company’s policies and procedures. Key Roles and Responsibilities: 1) Develop and implement procurement and contract strategy after coordinating with project managers. 2) Identify and work with external stakeholders for effective procurement of goods and services at optimum price, quality and time to meet project schedule. 3) Keep an update on current market trends on new developments in goods / services / suppliers / contractors including price trend. 4) Evaluate commercial and contractual bid documentation, co-ordinate inputs from technical and other functional stakeholders. 5) Undertake fair negotiations with suppliers / contractors for price and secure optimum commercial and contractual terms in conjunction with taxation and legal authorities. 6) Assist contract managers to ensure internal financial controls and procedures are met in line with company’s policies and procedures. 7) Mitigate risks involved in pre and post awarded contracts. 8) Prepare detailed evaluations, contract documentation and note of recommendation for final award of contract. 9) Undertake ongoing contract and purchase order administration including price variations, contractual claims, control of contract expenditure & other contractual notices. 10) Provide advice to contract manager and other functional departments; ensure proper document control and contract closing. 11) Compliance to audit procedures, internal and external audits in-line with organization’s policies and procedures. 12) Maintain contractual records, such as receipt and control of all contract correspondences, contractual changes, status reports and other documents for all projects. 13) Life Member of Indian Institute of Material Management (IIMM) - India. Show less

    • Construction
    • 1 - 100 Employee
    • Assistant Manager - Procurement & Contracts
      • Jul 2017 - Jan 2019

  • Lanco Infratech Limited
    • Gurgaon. Haryana. India.
    • Assistant Manager - Procurement & Contracts
      • Oct 2008 - Jun 2017

  • Soma Enterprise Limited
    • Hyderabad Area, India
    • Junior Assistant - Materials
      • Feb 2007 - Oct 2008

      1) Involved in procurement of project specific capital goods, heavy commercial vehicles, imported equipments, spares, plant and machinery for infrastructure, construction and hydro power projects. 2) Release of Purchase Order (PO) and Service / Work Orders (S/WO) to domestic and global vendors for the procurement of materials through system based Enterprise Resource Planning (ERP) package. 3) Liasioning with NHAI for obtaining excise and customs duty exemption certificates and necessary certificates under EPCG scheme for infrastructure and construction projects funded by Asian Development Bank (ADB) on Build, Operate and Transfer (BOT) basis. 4) Follow up with the vendors for timely delivery of materials at designated project sites and processing payments as per contractual terms against confirmed receipt of materials at site. 5) Liasioning with customs authorities for delivery of imported materials, plant and machinery etc at sea / air port and processing the customs duty under normal case and Export Promotional Capital Goods (EPCG) Scheme basis. 6) Reviewing and processing dispatch documents received from vendor or applicant's bank to customs authorities for clearance of imported materials from the port. 7) Generating periodical reports of open / closed purchase and work orders for review at HOD level. 8) Monitoring stock position of various consumable materials like cement, TMT Steel, Structural Steel, High Speed Diesel and Bitumen by project wise on daily basis through site reports for future materials scheduling. 9) Liasioning with cross functional departments for effective implementation of tasks. 10) Extensive usage of system packages like ERP, MS Word, Excel and PowerPoint. Show less

Education

  • Osmania University
    Bachelor’s Degree, Business Economics, Business Statistics, Industrial Law, Banking, Auditing, Income Tax, Computers
  • Indian Institute of Materials Management (IIMM)
    Pursuing Post Graduate Diploma in Materials Management from Indian Institute of Materials Management, Business Law, Purchase Management, Operations Management, Project Management, Inventory Management
  • Simhapuri Junior College
    Board of Intermediate Education, Civics, Economics and Commerce
  • Little Flower English Medium School
    Secondary School Certificate (SSC), English, Telugu, Mathematics, Science, Social Studies
  • Little Angels Public School (LAPS)
    School, English, Hindi, Mathematics, Science, Social Studies.

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