Experienced Procurement Professional Seeks Supply Chain Role
1. Venktaraman Suresh
Present Mobile: 9176098837 ~ E-Mail: suresh6123@gmail.com
Looking for Suitable in Purchase & Procurement / Supply Chain Management with a reputed
organization
PROFESSIONAL SUMMARY
A competent professional with 22 years of cross-cultural experience in Purchase & Procurement,
Vendor Development, Inventory Management and Team Management.
Al Ghanim Specialities & Co., WLL, Kuwait as Procurement Officer.
Proficient in managing overall purchase activities; budgeting and planning the funds for procurement
and sourcing of a wide range of products/ components in the consumer durable industry.
Expertise in formulating purchase strategies, vendor identification / development, supply chain
management and analytical assessment to strengthen effectiveness.
Proficient in managing procurement activities involving planning, techno-commercial negotiations,
scheduling & procurement of components/ raw materials from various sources.
Track record of managing activities like demand planning, demand fulfilment and inventory
management; experience in enhancing processes and reducing costs.
Perfect Team Manager having ability to lead cross-functional teams and integrate their efforts to
maximize operational efficiency; possess excellent analytical skills, communication, negotiation and
relationship management.
AREAS OF EXPERTISE
Purchase & Procurement Supply Chain Management Project Management
Global Sourcing Logistics / Warehousing Import
Vendor Development Commercial Operations Inventory Management
Cost Reduction Liaison / Coordination Team Management
Implementing purchase / procurement strategies and ensuring that plans are aligned with project
requirements.
Controlling all purchases including negotiations with suppliers and finding out cheaper and more
efficient sources of supply; developing long-term partnerships with suppliers and managing
performance to ensure meeting of service, cost, delivery and quality norms.
Scheduling and rescheduling of supplies; budgeting and planning the funds for procurement and
sourcing of materials and ensuring optimum utilization of materials and maximum cost savings.
Working knowledge with JIT/ KANBAN for an orderly and efficient flow of materials throughout the
manufacturing process.
Evaluating vendor performance to ensure adherence to predefined specifications and supply of
quality material / execution of job works; conducting techno-commercial discussions with vendors
and finalising purchase orders & contract.
Ensuring adherence to minimum inventory level to minimize wastage; implementing usage of best
inventory procedures to improve storage conditions.
CAREER CONTOUR
Presently working with M/s. Alghanim Specialties Co WLL Kuwait as procument officer From
June 2012 foreign purchase & all functions related to materials handling in complete enquiry stage,
ordering & clearance as well as payment procedures. Handling import commercial activities like
interaction, including all local purchase related works.
Badar Al Mulla Brothers & Co., WLL, Kuwait April'2005 to May’2012
As Senior Foreign Buyer
Providing assistance to the Materials Manager for foreign purchase & all functions related to materials
handling in complete enquiry stage, ordering & clearance as well as payment procedures.
Handling import commercial activities like interaction with customs officials, opening letters of credit,
bank transactions and invoicing.
2. Identifying the supply gaps in the future; implementing knowledge like demand forecast and shorter
order fulfilment cycle to ensure the same.
SIGNIFICANT ACCOMPLISHMENTS:
Major vendors handled Steel vendors
Steps taken to improve product delivery for raw material bringing manufacturing need
Any existing systems/ processes streamlined smoothened imports Results obtained
Awards/appreciation cost reduction done received
Other relevant achievements if any lot of new sources found
Initiatives to streamline the Supply Chain Cost reduction achieved through negotiations
Drake Scull International, Kuwait 2004
Foreign Buyer
Handled the electromechanical functions of procurement materials for the project.
Looked after raw materials requirement of the project.
Organized the quotations for Sulaibiya Tender Project in Kuwait.
Western Refrigeration Pvt. Ltd., Mumbai Oct’03 - Sep'04
As Materials Manager
Joined as Materials Manager
Managed the Materials, Procurement and Import activities of Commercial Refrigerator Components
for 2 plants of the company.
SIGNIFICANT ACCOMPLISHMENTS:
Successfully achieved substantial reduction in:
o Costs of A Class Items like Compressors. Raw materials of steel
o Customs Duty.
Knowledge SAP functions to reduce the inventory cost.
Role in developing the chemicals vendor.
Ensured engineering and cost reduction initiatives.
Matsushita Air-conditioning India Pvt. Ltd., Chennai Apr’03-Sept’03
As Asst. Manager (Purchase)
Responsible for Material Management & Procurement of Air Conditioners Window & Split with Remote
Control Models.
SIGNIFICANT ACCOMPLISHMENTS:
Played a major role in developing a vendor base for the supply of quality material at optimum cost.
Successfully achieved cost reduction in steel sheets. 1000 usd
Instrumental in obtaining exemption from customs and availing reduction in customs duty.
Efficiently negotiated with suppliers for minimizing procurement expenditures.
Steered value engineering by implementing changes and reducing the cost.
Responsible handled in india for B.E. Filing, Assessments, Duty Payment, Clearance, Bonding &
Debonding; looking after activities like AR4 preparation, filing, dispatches and meeting excise officials
for exports
BPL Ltd., Bangalore April '89 – March'03
As Purchase Executive
Joined as Purchase Assistant and rose to the position of Purchase Executive.
Looked after sourcing activities by importing raw materials for the Home Appliances Division.
Headed the Buffer Spares Department for manufactured TV sets at the Bangalore Factory of BPL.
3. Ensured:
o Continuous supply of materials to production at the Chennai plant.
o Involved in Team & handled to ISO 9001 norms.
Handled all plastics and other items.
SIGNIFICANT ACCOMPLISHMENTS:
Actively involved in handling documentation and interfacing with customs/ excise departments.
Merit of achieving substantial reduction in the cost of imported components by 5 % through price
Maintaining buffer spares as per stock, ensuring that the spares indents are at zero level; worked
with KANBAN system for buffer spares.
negotiations and effective supply chain management.
Played a major role in appointing and developing new vendors (domestic) for the supply of quality
material at optimum cost.
Core member in inventory by like JIT & KANBAN.
Functioned as core member of the team involved in an in-house ERP.
Successfully obtained exemption from customs and achieved concessional rate of duty.
Received appreciation letters from manangement and promotoions
PREVIOUS ASSIGNMENTS
1987-1989 Phillips India Ltd., Bangalore Imports Assistant
1985-1987 Orient Vision Ltd., Hosur Purchase Assistant
1983-1985 Simpson Co. Ltd., Chennai Commercial Apprentice
EDUCATION
PG Diploma in Material Management from Annamalai University in 1988.
B.Sc. (Physics) from Chennai University in 1983.
IT Skills: Having Knowledge with SAP Functions, Excel, Word, Q Pro, Lotus and Word Perfect.
PERSONAL DETAILS
Permanent Address : Shruthi Apartments, Sri Kamakshi, No. 99E, 1st Floor, 3rd Avenue,
Banu Nagar, Pudur, Chennai – 600053; Tel.: +91 9176098837
Date of Birth : 23rd October 1961