Venugopal K.G
Dubai
Summary
To pursue career development by securing a challenging position in Procurement & Inventory Control within a progressive organization whereby I can utilize my academic qualification, professional experience & expertise
More than 20 years of professional Gulf experience in Procurement & Inventory Control with excellent Computer skills Expertise in Procurement & Purchasing with high standards of efficiency & accuracy Experienced in effective planning, prioritizing & time management skills with special ability to pay particular attention to details Having excellent skills at establishing & developing strong interpersonal business relationships Proactive, self-motivated and always willing to take additional responsibilities Computer literate; Managerial capabilities coupled with administrative & organizational skills Dynamic, work oriented and dedicated worker. Pleasant personality with outstanding communication, dealing effectively with multicultural environment, Consistency in quality work with professionalism, proven competency & sincerity Effective communicator leader with proficiency in managing people of various skills at different levels
Overview
30
30
years of professional experience
Work History
Purchase In-charge
Lootah Group of Companies
Dubai
05.2021 - 04.2023
- Identify, evaluate, and qualify potential suppliers based on quality, reliability, and cost-effectiveness.
- Negotiate contracts, pricing, payment terms with vendors to ensure maximum value.
- Conduct regular supplier performance reviews and audits to maintain high-quality standards.
- Strategic Sourcing & Market Analysis
- Perform market research to stay updated on industry trends, pricing fluctuations, and emerging technologies.
- Develop and execute purchasing strategies that align with broader business goals.
- Assess and mitigate supply chain risks, such as geopolitical shifts or logistics disruptions.
- Order & Inventory Control
- Oversee the end-to-end purchase order (PO) process, from requisition to delivery tracking.
- Coordinate with inventory and warehouse teams to monitor stock levels and avoid both shortages and overstocking.
- Forecast future demand patterns to ensure timely delivery of essential materials.
- Financial & Administrative Management
- Manage and optimize the purchasing budget while identifying cost-saving opportunities.
- Maintain accurate records of purchases, pricing, and supplier information in internal databases or ERP systems.
- Prepare and present detailed reports on procurement metrics, cost analysis, and savings to senior management.
- A company engaged in Multinational Company engaged in, Construction, Aluminium Fabrication, Carpentry Manufacturing, Fabrication, Erection, and Maintenance of structural, Pipeline and related services for offshore & onshore oil & gas, marine and industrial sector.
Purchase Manager
Gulf Steel Industries FZE
Sharjah
03.2006 - 01.2021
- Involved in procurement activities to ensure effective, accurate and efficient procedures.
- Maintain good company image & supplier relations through contacts on daily basis.
- Responsible to work in compliance with Company Policies and Government regulations.
- Establish and maintain vendor database; Obtain resources, quotation and secure competitive bids.
- Achieve cost savings through vendor selections & review.
- Develop favorable contract agreements & resolves delivery & billing problems.
- Review invoices which are referred from the Audit Department for approvals, particularly where price or other items do not agree with the Purchase order.
- Sourcing of goods and services at the right source with optimum quality, quantity, delivery – time in local and international market.
- Conduct inventory, warehouse planning, supplies forecasting and coordination activities.
- Negotiate with vendors to obtain optimum quality, cost, delivery-time and payment terms.
- Issuance of Request for Quotations (RFQ), evaluation of suppliers’ proposals and Prepare recommendations for management approval.
- Issuance, review and approval of Purchase Orders/Contracts/Supply Agreements based on the requirements, specifications and standards.
- Pre-qualify/ pre-assess of products and services offered by vendors.
- Handling of PO within the company’s data system.
- In-charge of preparation and buy-off procedures for the supply agreements.
- Perform all other tasks and company activities that maybe required.
- Coordinate with the Logistics team to attain the most efficient & cost effective shipment process.
- Partnered with various Division Heads in planning, purchasing & movement of stocks between points of operation.
- Review and analyze purchase requisitions jointly with requestors to determine a better alternative is available.
- On a timely basis generate Purchase Orders for suppliers.
- A Multinational Company engaged in Manufacturing, Fabrication, Erection, and Maintenance of structural, Pipeline and related services for offshore & onshore oil & gas, marine and industrial sector.
Procurement Executive
Lootah Group of Companies
Dubai
01.1993 - 03.2006
- In-charge of procuring materials and services.
- Review & analyze purchase requisitions jointly with requestors to determine a better alternative is available.
- On a timely basis generate Purchase Orders for suppliers.
- Obtain supplier’s order acceptance and delivery confirmation.
- Monitor & expedite delivery of orders through proper coordination with traffic & other logistics group.
- Develop alternate suppliers if necessary.
- Coordinate with support groups on possible windows for cost reduction.
- In-charge of preparation of Supply Agreements/Contracts.
- Follow primary procedure likewise price negotiation /order confirmation /order acknowledgement / Performa invoice / timely delivery / mode of payment and freight charges, prior to the confirmation of order and finally prepare Purchase Order of every single item in the system.
- Also put on follow-up for back order / un-received quantities from the principal so as we could meet the customer demands on time.
- Maintain liaison with related stores/departments within the company to meet their needs and requirements and to maintain their required stock level status.
- Preparing Purchase Order of every item.
- Ensuring that the items are delivered to the concerned Department and Personnel.
- Contacting and negotiating prices from vendors.
- Market survey, comparing prices & quality of items.
- Ensure that material is purchased in time, as per the given specification at fair price. Also ensuring no delay in delivery schedule; Arrange & follow-up with vendor.
- Preparation, issuance and maintenance of Purchase Order for localized parts.
- Assist in monitoring of vendor critical Raw Material inventories of vendors and to check their plans strategies and stock status that their premises.
- Arrange storage of material for delayed contracts.
- Authorize payment to suppliers and sub-contractors.
- Preparation of monthly supplier/ stock analysis & forecast on stock & purchase for the senior management.
- Responsible for purchasing all company requirements of materials in the required quantity from the right source.
- Inspection of materials while receiving to assure adequate goods inward quality & delivering them to stores / sites.
- Communicating with suppliers in case of materials rejection, delays, handling discrepancies and disputes which may arise during the execution of contracts.
- A company engaged in Multinational Company engaged in, Construction, Aluminium Fabrication, Carpentry Manufacturing, Fabrication, Erection, and Maintenance of structural, Pipeline and related services for offshore & onshore oil & gas, marine and industrial sector.
Education
B.Com -
Calicut University
Pre-Degree -
Calicut University
S.S.L.C -
Kerala State Board of Public Examination
Skills
- Superior interpersonal and communication skills
- Ability to work independently
- Ready to work in a tight schedule and prioritize the work to achieve them
- Coordination with clients
- Presentations during meetings
- Preparing orders/performs
- Excellent communication and Interpersonal skills
- Can work efficiently under pressure
- Ability to meet deadlines
- Positive Attitude
- Friendly and a good team player
- MS Office
- Tally 72
- STRU MIS software
Additional Information
Graduation certificates were attested by UAE and INDIAN embassies., Ready to relocate anywhere., Having UAE Driving License.
Education Level
Graduation
Languages
- Hindi
- Malayalam
- English
- Hindi
- Malayalam
General Key Skills
- Superior interpersonal and communication skills
- Ability to work independently
- Ready to work in a tight schedule and prioritize the work to achieve them
- Coordination with clients
- Presentations during meetings
- Preparing orders/performs
- Excellent communication and Interpersonal skills
- Can work efficiently under pressure
- Ability to meet deadlines
- Positive Attitude
- Friendly and a good team player.
Personal Information
- Passport Place Of Issue: Dubai
- Gender: Male
- Nationality: Indian
- Marital Status: Married
Timeline
Purchase In-charge
Lootah Group of Companies
05.2021 - 04.2023
Purchase Manager
Gulf Steel Industries FZE
03.2006 - 01.2021
Procurement Executive
Lootah Group of Companies
01.1993 - 03.2006
B.Com -
Calicut University
Pre-Degree -
Calicut University
S.S.L.C -
Kerala State Board of Public Examination