Gitesh Bansal

: +91-842*******

aden8s@r.postjobfree.com

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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