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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.
 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.
 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

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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