Procurement Executive
Resume:
Gitesh Bansal
******.********@*****.***
Area of Interests
Procurement and Contracts
Vendor Development
Risk Hedge and Risk Mitigation Technique
Cost & Margin Management, PR to Purchase to Pay Process, Accounting Reconciliation
SOP and Compliances
Professional Profile
Work in challenging environment where new and innovative ideas are accepted, encouraged and worked upon and to be an asset of the company I serve.
I Have strong national level exposure of 9+ years in the field of Procurement and Contracts, Vendor management, Margins enhancement, P2P process, Risk Management and Sourcing, SOP and compliances fulfilment at FMCG/Oil and Gas refinery sector, highly result oriented, analytical and time bound approach and relentless to work under pressure situations
I am able to handle dynamics, have business acumen, adaptable, team lead, Ice breaker to crucial matters, strong PR with cross functional and external world
Key Achievements
Star Quarter Award, 2008-2009
Mr Punctual, 2009
Certificate of Appreciation, Inventory Management, RASCI Team, 2014
Certificate of Appreciation, Systems Project, RASCI Team, 2014
Star Team of the Quarter, 3 times, 2014-2015
RMS World Class status, 3 times, 2014, 2015 and 2016
Spot Recognition, 2009-2012
Special Note of appreciation from MD, India, 2014
Professional Experience
February’ 2019 to Present HPCL- Mittal Energy Ltd (off roll OMCS) Procurement Support HMEL Ltd
Key Results Areas and achievements
PR-to-Purchase Process
SAP/SRM Tendering and order execution
Draft Contract documents
Placing Purchase orders (PO’s) and Letter of Award (LOA’s) Annual Rate Contract (ARC’s), using SAP (MM) Module
Review the Material / Purchase Requisition
RFQ (Request for Quotation) preparation with technical specifications (SOW) & floating the same to the vendor for obtaining offers
Inviting Tender Bids / Quotations of the required materials from the vendors
Analysing the offers & preparing Comparative Sheet, prepare TCBE (techno-commercial bid evaluation)
Responsible for proposal of Notes
Awarding Purchase Orders / Rate contracts on the SAP MM Module
New Vendor Development via HMEL defined process
Maintain MIS reports and Cost and savings reports
Execute and Maintain Commercial points include Advance Bank Guarantee (ABG), Performance Bank Guarantee (PBG), Price Reduction clause (PRS), Repeat Order clause, Deviation sheets, Freight/ P&F, etc.
January’2017 to March’2017 Magneti Marelli Motherson Auto System P Ltd
Purchase Manager- Associate
Key Results Areas
Implement purchase and Quality Related TS/ISO and 5S documentations and certifications
Annual cost reduction target of 2% cumulative
ZERO plant breakdown
Responsible for all purchases of organisation
March’2008 to July’ 2016 Cargill India Pvt Ltd Purchase Manager
Key Results Areas and achievements
Margins to achieve $80/MT for Dairy and $65/MT for Poultry Business
Plant Breakdown Hours Max. 10/Month
Advantage over competition target $10/MT
Team Development 1 Person/Year
Safe Environment and Conditions- 1/Month
Shrink Control 0.5% over Inventory
Developed alternatives value added ingredients to reduce COGS, with key accounts of procurement Corn, Millets, Soya, Rice Broken, Rapeseed Extractions, Soya Extractions, Wheat Bran, Wheat Rejections, Rice Extractions, Bakery Industry by Products, Brans and Dietary Fibres, DDGS, Gum and Wax industry by products, Yeasts, Mineral Mixtures, Amino Acids- Import and local, Vitamins, Mould Inhibitors, Sprouts, Starch by products, Toxin Binders, HDPE Liners, BOPP Liners, Packaging Materials etc.
Held weekly quality review of ingredients and Feed to take adv. of better quality arrivals and update into formulation via NIR and wet chem. to reduce COGS
Market pricing approach in disciplined manner and frequent collection and analysis of competitors’ products and formulation and prices
Bull/Bear and price volatility management via bulk buying, long term contractual, deferred delivery system with deferred/flat price model, forward buying, short sell/long buy over exchange portal considering seasonal variances, supply and demand factor and regional/nationwide circumstances
Safety/Min/Critical stock Levels review Short/Medium/Long positions basis
Warehouse and Inventory management via Stacks allocation to different lots, implement bin cards, tag in and out for identification purpose, FIFO implementation, Critical chosen/identify warehouse places which include approachability, load ability, labour availability, Electricity, ventilation and hygiene, risk of rodents and pests, periodic inspection of ingredients quality includes physical parameters such as fungus, water infestation, weevils, pests etc. and chemical changes to the nutrition.
Periodic supplier evaluation and assessment via LIMS, off site and on site Audits, source nutrition not easily available to competition, Risk Hedge, Product profitability index, RV assessment, Autocalc work, Multimix formula
Team Management having multiple locations with 7 team associates. Define and inculcate the value based high performance culture, coaching, helps them to manage priorities, manage freedom scale with controls in place, GO-TO-MARKET approach, Healthy dissatisfaction to current status quo, SOP, share BMP etc.
Strong MIS, forecasting, new crop data collection & analysis, Trend line analysis for individual vs. class group, act ahead of competition, proactive decision making before market reacts, weekly COGS/IOMC report, 2 months’ advance projections
Cross functional initiatives and competencies, aligned teams are proven best in the world and team work is key to success of every challenge big or small for which I always ready and willing to listen, learn, act.
Education
MBA (Masters in Marketing Management)
Suryadatta Institute of Management, Pune (Maharashtra)
Affiliated to Pune University (Maharashtra)
2006-2008
(Secured First Class)
Corporate MBA (Finance + IT)
Suryadatta Institute of Management, Pune (Maharashtra), Autonomous Course
2006-2008
(Secured First Class)
Bachelor of Commerce
D.A.V. College, Bathinda (Punjab)
2002-2005
Miscellaneous
Software skills: - Microsoft Office, Tally, Busy, Internet & Operating System, SAP
Languages Known: - English, Hindi, Punjabi
Date of birth: - 29/11/1984
Marital Status: - Seperated
Trainings Attended & Exposure
GST achieve training, Pune, 2017
FSQR/QMS Training and Archer Tool, Thailand, 2015
Growing Together IV, Sales and Technical Training, Malaysia, 2015
Fundamentals of Management, India, 2012 and 2015
Advanced Merchandizing Training, Korea, 2014
NIR, Micro particle understanding and exposure summit, Bangalore, 2013
Attended Global RMS meet in a row, 4 times in line 2010, 2012, 2014 & 2015 held at Philippines, Thailand, Singapore and Malaysia.
Participated in debate in the guidance of Mr Parthsarthi, Chairman of Ramakrishna Vivekananda International Foundation
Participated in 2 days’ seminar organized by SOPA at Kota, Rajasthan
Tata Teleservices Ltd. (Tele-communication Division), Bathinda. Summer Training (May and June 2007): - Evaluate Company’s Strategic Advantage Profile regarding Customers’ selection criteria of Telecommunication services
Field Work Project: -To understand the behavior of people in consuming one brand of Cigarette I.e. Navy Cut. Why People prefer consume Navy Cut and why not
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