ANANDAN NARAYANAN
Summary
Detail-oriented professional with 11 years in Project Management, Procurement & Sourcing. Strong business acumen to source materials and components within firm budget. Detail-oriented team player with strong organizational skills. Ability to handle multiple projects simultaneously with a high degree of accuracy.
Overview
12
12
years of professional experience
Work History
Senior Procurement Engineer
Zimplistic Inventions Pvt Ltd
02.2019 - Current
- Hands-on Experience for New Product Introduction from POC to EOL of Product (Product Life Cycle).
- Responsible in executing Change Management Cycle from Planning to Implementation.
- PCBA components procurement- premium and long lead items planning.
- Parts shortage and Coverage implementations- zero line downs where issues are addressed proactively.
- Cash flow improvements (Advance terms to Credit, leadtime reduction)
- Lead the overall procurement process and strategies for Direct and Indirect for Zimplistic
- Manage Order Fulfilment process for direct and indirect purchases, Control material inflation and mitigate risk
- Collaborate with Operations, Technical, Logistics and Business functions to identify and drive improvement and cost reduction initiatives
- Lead the Source to Contract process for all indirect material, packaging and service categories including development of commodity strategies that ensure reliable sources of supply and competitive pricing
- Negotiate purchase agreement pricing and terms, applying our company’s contract templates and risk terms
- Supports Advanced Purchasing with cost reduction strategies or sourcing of new suppliers
- Sets cost reduction objectives and develops cost improvement strategies with suppliers
- Conducts market benchmarking and cost control renegotiation to maintain cost competitiveness
- Manages selection of alternate sources of suppliers, consistency of quality and competitive pricing
- Manages supply chain optimization through price harmonization, localization, and logistics routes
- Conducts business reviews with key suppliers to improve overall performance
- Works closely with Supplier, Quality, Engineering and factories to resolve material-related issues
- Identifies cost savings opportunities on the different commodities in BOM.
Sourcing cum Procurement Engineer
Zimplistic Inventions Pte Ltd
09.2016 - 02.2019
- Ownership of buying and sourcing processes leading to success in the key areas of negotiations, account management, vendor management and purchasing lifecycle management
- Manage the order process: requisitions from all departments/business units, handle requests for quotes, process purchase requisitions/purchase orders, provide orders to suppliers, maintain adequate records of purchases, follow up on orders/approvals and resolve issues with invoice/receipt discrepancies
- Identify new vendor catalogues to streamline the buying process and the selection of items for purchase
- Ability to manage 70+ suppliers/vendors in terms Mass production/Prototype/Adhoc purchases
- Expedites past due purchasing orders and works backlog reports to obtain current delivery information
- Delivery Lead Time – Responsible for reaching out and following up with supplier to make sure on-time delivery and processed for system updates
- Manage specific Local / global suppliers for improved performance and reduced cost
- Champions the SCR (Supplier Change Request), ensure SCR are closed out on time defined within the process
- Manages supplier performance according to QCDE (Quality, Cost, Delivery, Environmental) to achieve overall targets and objectives.
- Drive cost reduction efforts working collaboratively with the business stakeholders (Product development teams, Quality, Operations)
- Assists in the communication to suppliers to match delivery and quality expectations
- Build a pipeline of Procurement projects for BMC in collaboration with Procurement leaders & local stakeholders and execute deals in the timelines agreed with key stakeholders
- Responsible for Purchasing during the Product Development phase of NPDI including extensive communication, costing, new material trials, supplier onboarding and forecasting reviews.
Project Engineer
BGR Energy Systems Limited
08.2011 - 04.2015
- Project Involved : 2 X 500 MW Marwa Thermal Power Project, Chhattisgarh
- Maintained records for each project and engineering discipline.
- Monitored installation of materials and equipment for compliance with drawings and specifications.
- Completed construction tasks while providing safe working conditions, staying on budget and meeting project deadlines.
- Identified technical risks within managed projects.
- Recommended improvements for design, construction means and materials based on field or changing conditions.
- Assisted with cost proposal development and customer presentations.
- Evaluated change order requests in response to out-of-scope work activities.
- Determined and scheduled priorities as required to progress engineering work.
- Delivered concise instructions to technical team to maintain quality control.
- Reviewed contractor proposals to determine favorable partnerships for on-time and under-budget project completion.
- Recommended process improvements to reduce unnecessary waste.
- Delivered regular compliance reports to drive process improvement and corrective measures.
- Monitored metrics during project execution to maintain compliance with planned costs.
- Analyzed system development efforts using potential ROI and associated liability figures.
Education
Master of Science - Systems and Project Management
Nanyang Technological University
Singapore06.2016
Bachelor of Engineering - Mechanical Engineering
Anna University
Chennai, India04.2011
Skills
- SKILLS AND COMPETENCES ACQUIRED OVER THE YEARS
- Inventory control procedures
- Costing
- Best of Benchmarking
- Strategic Management Skills
- Communication and Negotiation Skills
- Analytical Skills
- Project Management Skill
- Relationship Management
- Category Management
- Financial Acumen Skill
- Product Life Cycle
- Change Management
- Inventory Management
- Cash-flow Improvements
- Vendor Relationship
- Global team Interaction
- Complex Problem-Solving
- Strategic and tactical procurement decisions under time constraints
- Software:
- Microsoft Office,
- SAP MM module
- NetSuite
- Global team Interaction
- Complex Problem-Solving
- Strategic and tactical procurement decisions under time constraints
- Software:
- Microsoft Office,
- SAP MM module
- NetSuite
Accomplishments
- Cost Saving activities in Strategic Procurement with total savings of $300K.
- PCBA Components savings with tactical purchasing which comes to savings of $200K
Timeline
Senior Procurement Engineer
Zimplistic Inventions Pvt Ltd
02.2019 - Current
Sourcing cum Procurement Engineer
Zimplistic Inventions Pte Ltd
09.2016 - 02.2019
Project Engineer
BGR Energy Systems Limited
08.2011 - 04.2015
Master of Science - Systems and Project Management
Nanyang Technological University
Bachelor of Engineering - Mechanical Engineering
Anna University
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