Prasath D
Chennai,India
Summary
Dynamic, results-driven professional with extensive experience in costing, sourcing, procurement, supply chain management, and vendor management, seeking senior managerial opportunities. Expertise in strategic sourcing, cost optimization, and supplier development drives operational excellence and fosters organizational growth. Proven track record of implementing innovative solutions that enhance efficiency and reduce costs while maintaining high-quality standards. Committed to building strong supplier relationships and leading cross-functional teams to achieve business objectives.
Overview
23
23
years of professional experience
1
1
Certification
Work History
Manager Procurement
M/s. Meelup Systems Pvt Ltd
08.2022 - Current
- Managing the overall procurement of all Global sourcing of raw materials, Casting, Forging, M/c Components, sheet metal, Fabrication, Motors, Gear box, Sensor, Pneumatic accessories spares, consumables and other project requirements by devising various sourcing strategies.
- Budgeting and planning the funds for procurement and sourcing of materials ensuring optimum utilization of materials & maximum cost savings.
- Conducting Auctions as well as obtaining competitive bids to provide goods or services.
- Streamlining the system and procedures for effective inventory control for ensuring ready availability of materials to meet the production targets by ABC analysis.
- Effective Scheduling ensure with to vendors to avoid production shortage.
- Meelup Systems Pvt Ltd (Formerly known as Anval Valves PVT LTD Chennai, Anval has built a reputation as the market leader in the design, manufacture and supplier of feeders & airlock valves, & Anergy technology transforms waste into useful products, removes potentially harmful materials from the environment and provides renewable, baseload power.
- Develop pricing strategies for production, design, and benchmark quoting
- Ensure a process for including the Segment business critical parts into the quarterly negotiation cycle and annual rate contract
- Utilize previous investments & activities for future requirements
- Identify creative ways to reduce cost by streamlining processes, systems and value engineering
- Define, develop and make effective use of cost analysis tools
- Help develop a quick RFQ process, based on Segment business knowledge and direct suppliers with accurate target pricing
- Provide regular guidance on cost/price trends
- Develop understanding of price points for common types / commodities within the segment
- Develop Sustainable Materials Margin opportunities
- Ensure lowest landed component costs are negotiated, captured, and implemented across segment Business.
- Analyzing existing processes / procedures and conducting critical analysis for finding out shortcomings and suggesting improvements measures.
- Effectuating cost saving initiatives by introducing advance product, processes, procedures and cost to design.
- Carrying out vendor localization/ indigenization for curtailing costs of materials as well as negotiating the terms of credit with vendors as well as the cost of material required and ensuring link reduction
Manager Purchase
M/s. STAFFORD CONTROLS PVT LTD
03.2019 - 08.2022
- Procurement & Planning of raw material Special sheets. Forgings, Castings( Steel Casting ( Sand and Investment Casting), SG Casting, Aluminum PDC and GDC ), Sheets metals, Bought out components, Electrical and electronic components, Plastics, machined components and Sub contract, Development of new vendor for various Products.
- Negotiated favorable agreements on pricing, terms, and delivery with vendors. Analyzed procurement spend to identify cost- saving opportunities in collaboration with finance teams.
- Facilitated strategic sourcing and vendor management by identifying and on boarding suppliers aligned with company needs.
- Continuously working for Cost reduction in all materials
- Monitoring Supplier OTD performance & Supplier quality.
- Sourcing the new supplier Imports and domestic.
- Enquiry for new Products with various Suppliers and quotation Finalization.
- Sending materials for Sub contract (Forgings, castings sheet metal) Machining, laser cutting, coating process & follow-up.
- Stafford Control Valves was originally promoted by M/s VIRGO Engineers Limited (now EMERSON Process Management). In the year 2008 for strategic reasons Virgo Engineers Ltd sold the Valve Division with product brand name “STAFFORD”. Since then STAFFORD Valves has established its position among the top quality valve manufacturers internationally in its product range.
- Periodical Visit to supplier places for improve the Delivery and Quality, in right to meet production requirement as well as customer requirements.
- Established and maintained strong vendor relationships through performance reviews and compliance tracking.
- Oversaw daily procurement operations, including requests for quotes ( RFQs) and purchase orders (POs).
- Managed procurement cycles to ensure the timely delivery of goods and services while addressing supply issues.
- Ensured adherence to company policies and regulatory standards in all procurement processes.
- Utilized ERP systems for effective transaction management and generated reports on vendor performance.
- Assist the Project Manager with day- to- day operational tasks and help improve cost effectiveness and supply chain efficiency.
- Directed and assisted in procurement functions— including sourcing, supplier management, and inventory control— to maintain efficiency and strategic alignment.
- Internal follow up with various departments like Planning, Quality, Engineering, stores and accounts
- Monitoring & Control the vendor payment line.
- Co-coordinating with Quality control & Supplier for supplier Quality improvement.
- Ensure the customer delivery met(OTD –On time Delivery)
Manager- Purchase
M/s. BS&B SAFETY SYSTEM (I) LTD
03.2011 - 02.2019
- Steering strategic sourcing through identification of cost effective vendors /suppliers for procurement with an aim of reducing cost while improving quality & reliability.
- Assessing performance of the vendors based on various criterions such as percentage of rejections, quality, timely delivery, price, packing etc.
- Carrying out vendor localization/ indigenization for curtailing costs of materials as well as negotiating the terms of credit with vendors as well as the cost of material required.
- M/s BS&B Safety Systems India ltd is global company manufacturing of Rupture disk (A pressure relieving device) and Pressure Safety device, and we are the inventor of the Rupture Disk. We supplying for various Process Industries like Aero space, Defense, Nuclear plant, Thermal plant Petro chemical, Chemical, Pharma Industries, Cement Industries and for Various projects, Exporting to various like USA, UK,Japan, Ireland etc., And Major Indian Customers Like Reliance, Orchid Pharma, Thermax, Triveni, BHEL, Chemplast, EIL, L&T, and Nuclear applications to BHAVINI, IGCAR, DEFENCE, ISRO, DRDL Etc.
- Proven understanding of the workings of effective Procurement, Vendor development and supply chain management in a manufacturing environment.
- Proven negotiation and contracting skills in a commercial business environment.
- Good knowledge of company practices, with excellent interpersonal and organizational skills.
- Demonstrates advanced functional, technical, people and process management skills as well as customer (external and internal) relationship skills. Extensive experience with project management while working within established priorities, constraints, and tight deadlines.
- Ability to define problems, collect data, establish facts and draw valid conclusions. Proven excellent analytical, problem-solving, and decision-making skills.
Asst- Manager (Direct Materials)
M/s. ZF Rane Steering Systems LTD
01.2009 - 03.2011
- Strong oral, active listening, and written communication skills, including exceptional facilitation skills
- Demonstrated experience working with cross-functional teams with a record of (i) achieving ambitious results and (ii) building alignment across organization to drive closure on issues
- Proven ability to gain acceptance and exert positive influence on others at all levels of the organization.
- Ability to lead, coach, and develop staff to improve performance and achieve professional goals.
- Unquestionable integrity, honesty, authenticity, and discretion
- High emotional intelligence (i.e., EQ) and self-awareness
- Desire to learn new things and receive/deliver feedback for continuous personal and professional improvement
- Interacting & coordinating with Logistics, Stores, Finance & Payables for negotiating & resolving issues in effective manner.
- Responsible for stores stock.
- Responsible for on time GRN clearance.
- Responsible for MDR.
- Responsible for cycle count.
- Responsible for scrap clearance.
- Responsible for customer support.
- Responsible for inbound logistics.
- Responsible for on time addressing of all customer concern.
- Responsible for smooth launches of all new programs.
- Ensuring customer satisfaction by achieving zero line stoppage at customer end.
- Maintaining 99% delivery performance at customer end.
- Responsible for export shipment.
Senior Engineer(Strategic Sourcing)
M/s. Royal Enfield
12.2006 - 01.2009
- Finalizing Rate like raw materials, bought items, contracts for all Recurring Items & Spares.
- Achieved the negotiation rate of 19% in Capital Equipment Purchase.
- Coordinating With supplier & end user for quality assurance.
- Zero shortage ensured in assembly
- Indigenous of Imported Items. Such as machinery spare etc
Engineer Purchase
M/s. Greaves cotton Ltd.
06.2003 - 12.2006
- Tools, Jigs & Fixtures, Trollies for production & assembly, utility & facility items & SPM's, ferrous & Non-ferrous raw materials.
- Electrical, Electronics, Mechanical of local & imported spares, construction & Civil orders, consumables & recurring items.
- Procurement Preview;
- Coordinating With supplier & end user for quality assurance.
- Zero shortage ensured in assembly
- Indigenous of Imported Items. Such as machinery spare etc
Education
B.E - Mechanical Engineering
Arrupadai Veedu Institute of Technology
05-2003
Diploma - Mechanical Engineering
Sri Krishna Polytechnic
Arakkonam05-1999
Skills
- ERP system expertise- SAP / Hana, Oracle, Jd Edward, Freedom & TARA
- Collaborative decision-making
- Organizational time strategies
- Strategic team guidance
- Project execution
- Organizational strategy development
- Relationship building
- Team development
- Operations management
- Verbal and written communication
- Team-based problem solving
- Documentation and reporting
- Performance evaluations
- Task delegation
- Business development
- Workforce management
Accomplishments
- Finalizing Rate like raw materials, bought items, contracts for all Recurring Items & Spares.
- Achieved the negotiation rate of 19% in Capital Equipment Purchase.
Certification
- Course completed in:
- CNC programming & operating in NSIC guindy.
- Automobile Service & Maintenance Technology at Coimbatore.
PROFESSIONAL SYNOPSIS
- A Mechanical Engineer with 22 years of experience managing Global Sourcing / Procurement, Vendor Management, Supply chain, VA/ VE, Store and Customer Service Initiatives & coordination.
- Currently designated as Manager- Procurement with M/s. Meelup Systems Pvt Ltd (Formerly known as Anval Valves PVT LTD Chennai,)
- Expertise in effective price finalization of castings (Steel Casting, SG Casting, Aluminum PDC) Machined components, Ruber product, Electrical and electronic components, sheet metal and forgings.
- Managing global and domestic sourcing strategies across project- based and manufacturing industries. Demonstrated success in delivering significant cost savings, driving supplier compliance, and enhancing supply chain efficiency. Expert in strategic sourcing, contract negotiation, vendor development, and international procurement with in- depth knowledge of import/export regulations, customs clearance, and global payment processes. Skilled at working across cross- functional teams— including f finance, logistics, engineering, and legal— to align procurement strategies with overall business objectives.
- Inventory control through setting up quantity & quality limits based on sales need and in implementing cost saving measures to achieve substantial reduction in terms of procurement costs, and logistics cost.
- Managed purchasing operations, supplier relationships, and inventory oversight, ensuring procurement strategies supported overall business goals.
- An effective communicator with good relationship management skills with ability to relate to people at any level of business.
Languages
English, Tamil, and Telugu (Speaking)
TRAINING ATTENDED
Attended In-plant training at Heavy Vehicle Factory at Avadi.
Timeline
Manager Procurement
M/s. Meelup Systems Pvt Ltd
08.2022 - Current
Manager Purchase
M/s. STAFFORD CONTROLS PVT LTD
03.2019 - 08.2022
Manager- Purchase
M/s. BS&B SAFETY SYSTEM (I) LTD
03.2011 - 02.2019
Asst- Manager (Direct Materials)
M/s. ZF Rane Steering Systems LTD
01.2009 - 03.2011
Senior Engineer(Strategic Sourcing)
M/s. Royal Enfield
12.2006 - 01.2009
Engineer Purchase
M/s. Greaves cotton Ltd.
06.2003 - 12.2006
B.E - Mechanical Engineering
Arrupadai Veedu Institute of Technology
Diploma - Mechanical Engineering
Sri Krishna Polytechnic