ASHISH K. PAREEK, MBA, CSCP, PMP

aday0w@r.postjobfree.com, +1-416-***-****

PROFILE

Supply chain professional with 12 years of experience in strategic sourcing and procurement

Proficient in developing & implementing sourcing strategies of supplier selection, negotiations and supplier relationship management

Proven ability to partner with executive leadership and key stakeholders, perform cost vs value analysis, achieve cost savings and continuous process Improvement

Core Knowledge & Skills

Supplier assessment/selection Supplier agreement negotiations Forecast Monitoring

Supplier relationship management Cost and Scenario analysis RFX & contract development

Project management Excellent Communication skills ERP expertise (Epicor, T4M) PROFESSIONAL EXPERIENCE

Multimatic Inc. Toronto, Canada

Senior Buyer, Team Lead June 2019 - Present

- Leading the sourcing and procurement of different commodities such as fasteners, forgings, plastic parts, welded assemblies, tubes etc. of worth $60M while managing 50+ domestic and overseas suppliers

- Led the activity of consolidating companywide suppliers to make a strategic supplier base and achieved cost savings of worth $300K

- Successfully resourced commodities to better suppliers and achieved total cost of ownership (TCO) savings by savings captured through leveraging company-wide purchasing volume

- Coordinated supplier conference to begin a more strategic relationships with suppliers and achieve high quality service and products at low cost

Magna International (Deco Automotive) Toronto, Canada Buyer May 2017 – May 2019

- Actively involved in helping the company achieve strategic goals and continuous improvement objective by supporting sourcing and purchasing while executing timely program completion and help maximize profits

- Coordinated with 40+ overseas and Canadian suppliers for the sourcing of tooling, stamping Dies, welding & checking fixtures, robotics, capital equipment, aluminum extrusions & castings

- Successfully sourced extrusions of worth $50M and saved up to $1M by negotiating better price based on thorough analysis of all cost drivers

- Established multiple sources to ensure continuous supply of components for production and prototype programs, and tooling for all programs while preparing, negotiating and executing all relevant contracts

- Studied all the current suppliers’ parts thoroughly and found cost saving opportunities and saved C$200K by negotiating price reductions with suppliers

Alumicor Limited Toronto, Canada

Strategy and Procurement Consultant January 2016 – August 2016

- Reported directly to C-level management, worked in a team of 6, which was responsible for a comprehensive strategic analysis of the organization and its environment and to provide strategic recommendations to enhance the company’s future success and viability

- Spotted opportunities to improve business operations such as supply chain, sourcing, procurement and manufacturing based on Lean principles and provided solutions to increase company’s KPI performance by 18% Bajaj Auto Limited Pune, India

Purchasing Manager February 2012 – November 2014

- Reported directly to top management and led a team of 6, which was responsible for sourcing of sheet metal and plastics parts and accessory parts and managed 30 plus domestic and International suppliers

- Collaborated with Internal (production, engineering) and external stakeholders (Suppliers, toolmakers) and developed sourcing for plastic parts and stamping parts for company’s first ultra-low-cost vehicle RE60 project worth C$100M

- Developed team capability for product costing and sourcing and saved $800K annually by better negotiations, detailed costing analysis and by maintaining relationship with suppliers during and after sourcing process

- Adopted a meticulous and a detailed approach to part costing by reviewing cost breakdowns, conducting self- assessment and benchmarking across vendors to ensure that the right price is being paid

- Achieved additional savings of C$1.3M in FY 2013 through supply chain optimization and part localization by influencing and managing multiple interests of diverse stakeholders

- Received A+ ratings on regular basis for exceptional performance by exceeding cost reduction targets. Cost reduction achieved: FY 2012-13: C$1.5M (Target: C$1M); FY 2013–14: C$1.6M (Target: C$1M) Suzuki India Limited Gurgaon, India

Assistant Purchasing Manager November 2007 – February 2012

- Managed a team of 3 in procurement domain, coordinated across the organization to support sourcing activities and worked in cross functional teams for continuous improvement projects

- Handpicked by Top management for company’s first fully indigenously developed car ‘Alto 800’ worth C$250 M and received promotion for successfully accomplishing sourcing and procurement of sheet metal and plastic parts for whole project from concept to production

- Managed a portfolio of 15 suppliers for 100 parts with a total buying value of C$80M by building collaborative relationships and ensured timely delivery of parts to optimize inventory levels

- Improved customer satisfaction by Identifying, analyzing and executing cost saving opportunities e.g. saved C$500K by developing one of the lightest jack based on extensive benchmarking

- Initiated and led a cross functional team for quality improvement program and decreased parts failure rate to 90% by implementing innovative and qualitative solutions

- Communicated and followed up with domestic and overseas (Japan, Taiwan) suppliers/toolmakers, visited their facilities for final buy-off activity and took on the spot decisions to ensure 100% timely delivery Sonalika Tractors Limited Hoshiarpur, India

Senior Engineer August 2005 – November 2007

- Led a team of 2 engineers for tool and die design and development of sheet metal components for the company’s first MUV project ‘Rhino’

- Promoted to research and development department from tool & die design group to design sheet metal parts and to provide feedback to other designers for manufacturing feasibility of their designs

- Performed cost analysis with the help of in-house team and saved C$100K by negotiating with the suppliers

- Initiated and executed RFP/RFQs and purchase orders in a timely manner to meet the project schedule requirements

- Started leading team for tool and die design after 1yr of joining and designed cost-effective tools, dies and welding fixtures and reduced manufacturing cost by 30%

EDUCATION & CERTIFICATIONS

Schulich School of Business, York University, Toronto, Canada 2016 Master of Business Administration (Strategy & supply chain management), GPA: A- Received Dean’s Entrance Scholarship Award worth $10K Punjab Technical University, Jalandhar, India 2005 Bachelor of Technology (Mechanical Engineering, among top 10% of class) College cultural committee coordinator, led college teams to win several cultural competitions PMP: Project Management Professional Certification 2016 CSCP: Certified Supply Chain Professional Certification 2015 ADDITIONAL INFORMATION

- Received ‘Star Volunteer’ award from MSIL top management for starting a school for poor children while working as a coordinator with an NGO AID India

- Participated and completed Mumbai Full Marathon 2013 and Delhi Half Marathon 2010 & 2011

Contact this candidate