SUNIL K. SIKKA
**, ******** ***, **********, ** 06032 • 860-***-**** • **********@*******.***
Professional Summary
Senior Buyer with a proven track record in managing all aspects of the procurement process. Skilled in researching suppliers, requesting bids, analyzing quotes, planning purchases and overseeing documentation of purchase orders to finalize purchasing decisions.
Talented in maintaining excellent professional relationships with key suppliers and well trained in negotiating pricing and terms to get the best deals for company purchases resulting into reduction in annual spending and maximizing return on investment.
Focused on continuous improvement to achieve better purchasing practices and cost-effective spending.
Experience of handling products from diverse industries
Skills
Sourcing
Contracting
Logistics Management
Vendor and Product Development
Supply Chain Management
Warehousing & Distribution
Budgeting
Inventory Management
Business Development
Negotiation Skills
Enterprise Resource Planning (ERP) including SAP
Price Negotiation
Work History
Small Business Owner, 04/2018 to Current
SKS Trading LLC – Farmington, CT
Providing Consulting services to clients of Steel and Paper Industries in Asia
Senior Buyer, 09/2008 to 03/2018
Metallica Commodities Corp – White Plains, NY
Led procurement activities of Ferrous Products group, established operating priorities in order to achieve defined business and financial objectives of the Ferrous Product Group. Additionally developed opportunities in Non Ferrous Bi products in Asia and developed new vendors for supply of Electronic scrap (PCB Scrap) for recycling unit in France.
Developed and managed global commodity strategy for Ferrous raw materials for steel industry (scrap metal, Manganese/ Chrome Ore, Met Coke) and finished goods (Plates, Bars, Coils, Pipes)
Guide selection, development, and management of preferred strategic suppliers, conduct price and contract negotiations with contract duration on short, mid and long-term horizon to guarantee security of supplies at the best conditions
Maintain regular contact with internal and external partners to keep track of the market conditions in order to realign decisions and processes as and when needed
Guide and perform supplier management: Supplier qualification, documentation and communication of preferred suppliers, regular supplier and strategic evaluations and supplier development in order to obtain and develop best suppliers and to ensure an optimum supply chain
Define concepts for risk and contract management and drive the activities, which include risk reduction, implementation of alternate sources
Guide and manage the optimization of the supply chain regarding inventory levels, transport and lead times. Engage in the implementation of best in class supply chain processes
Organize regular business reviews to continuously rate the suppliers on defined KPIs (Delivery, quality, cost competitiveness) to monitor suppliers' operations and to define measures to develop the suppliers
Negotiated logistic related contracts with service providers and managed warehousing, shipments, Distribution, Documentations, Payments, Quality Issues, Third Party Inspections etc
Successfully negotiated and executed long term Purchase contracts and managed annual spends of US$ 75 Million and
Saved more than 7% of handling costs by aggressive negotiation with service providers and reworking on product handling thereby improving the profitability of the company.
Senior Manager, 09/2007 to 08/2008
Universal Granite and Marble – Chicago, IL
Managed operations at Chicago and Oswego locations of company including and planned, designed and implemented comprehensive purchasing and Sales Strategy with the help of a team of 5 sales executives and 5 warehouse personnel and improved the sales turnover by $1 Million
Effected reduction in obsolete inventory by more than 70% through aggressive sales strategies, thereby improving company's cash flow by more than 20%
Senior Manager / Business Head, 10/1996 to 09/2003
Mitsubishi Corporation – New Delhi, India
Developed supply chain for all Steel Body Parts (Blanks) for Ford India with annual revenue of US$20 Million and for various auto components including Fasteners, Castings and Forgings used in automobile industry with annual spend of US$ 10 Million
Successfully developed and managed supply chain of Marine Products for the company generating annual turnover of $30 Million
Business Manager, 05/1992 to 09/1996
ITC LTD, ITC Global Holdings Pte Ltd – New Delhi, India
Developed Import and distribution business of various grades of products from Paper & Packaging Industry in USA and Taiwan and managed annual turnover of over $15 Million
Developed Scrap Metal business and Bathroom Fittings business of the company with annual sales revenue of $10 Million
Managed animal feed and agri-products biz of the company with annual sales revenue of $15 M.
Assistant Manager, 09/1990 to 04/1992
Mohan Export (INDIA) Pvt. Ltd
Developed vendors/ suppliers of various engineering products such as Pole Line Hardware, Acetylene Gas Cylinders, Cycle parts for shipment for sale in Africa valued at US$22 Million.
Senior Engineer, 09/1986 to 05/1989
Vespa Car Co – Salon, India
Joined automobile manufacturing company as Graduate Engineer Trainee and worked in various departments Production, Assembly, PPC and Quality.
Education
MBA: International Marketing
INDIAN INSTITUTE OF FOREIGN TRADE - New Delhi, India
Bachelor of Science: Mechanical Engineering
COLLEGE OF TECH., G.B. PANT UNIV. OF AGRI. & TECHNOLOGY - Pant Nagar, India