Summary
Overview
Work History
Education
Skills
Certification
Accomplishments
Languages
Custom Section
Websites, Portfolios and Profiles
Hobbies and Interests
Hobbies and interests
Timeline
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Puneet Bhaskar Chaudhari

Puneet Bhaskar Chaudhari

Pune

Summary

Accomplished procurement and supply chain professional with extensive experience in strategic sourcing, contract negotiation, and supply chain optimisation across diverse industries. Demonstrates expertise in vendor management, cost management, inventory control, and materials planning to drive operational efficiency and profitability. Proven track record of implementing process improvements, enhancing supplier relationships, and achieving significant cost savings through localisation strategies and supplier evaluation. Skilled in risk assessment, communication, team leadership, and decision-making to align procurement processes with organisational goals. Proficient in SAP and adept at leveraging market research to optimise procurement strategies. Committed to delivering innovative solutions that enhance supply chain performance while supporting long-term business objectives.

Overview

16
16
years of professional experience
1
1
Certification

Work History

Buyer 2(Lead)

Jabil Circuits India Pvt ltd
Pune
11.2023 - Current
  • Directed team performance, optimizing supply chain efficiency for Jabil's Malaysia plant.
  • Minimized production disruptions by mitigating component shortages and ensuring timely deliveries.
  • Streamlined procurement cycle, managing 800+ electronic component orders efficiently.
  • Negotiated favorable terms, reducing costs and boosting profitability.
  • Conducted supply chain analysis to identify optimization opportunities and enhance effectiveness.
  • Implemented EDI between Customer & Jabil for seamless EPO & SO acceptance.
  • Enabled localization of spares and new suppliers, achieving 20% cost savings.
  • Optimized supplier networks through strategic evaluation and selection.

Planner & MRO lead

Jabil India Manufacturing Pvt ltd
Ranjangaon
09.2022 - 10.2023
  • RM , Packaging, Resins & MRO purchasing.
  • Leading four Planner , three buyers for Plant .
  • Enhanced operational performance through process improvements, increasing capacity and customer size efficiencies.
  • Improved contract accuracy and reduced inventory holding costs by refining inventory analysis processes.
  • Achieved greater alignment between production schedules and customer requirements through continuous MPS (Master Production Schedule) improvements.
  • Improved supplier quality, reducing defects and associated costs.
  • Administrated the Purchasing Staff within the Work cell, supporting the development and implementation of Supply Chain strategies.
  • Ensured material supply matched demand, therefore optimizing overall material costs.
  • Drove individuals and the team to improve key operational metrics and achieve organizational goals.
  • Coordinated activities of large teams and kept teams focused during crises.
  • Enhanced operational efficiency and optimized resource utilization through improvements in capacity planning and customer size efficiencies.
  • Improved alignment between production schedules and customer needs by enhancing and implementing continuous Master Production Schedule standards.

Sr. SME - Global Business Services

Flextronics India Pvt ltd
Hinjewadi
07.2019 - 08.2022
  • Managed buying team, drove supplier relationship management, enhanced procurement efficiency, optimized the supply chain, and implemented procurement standards.
  • Improved process quality and facilitated operational enhancements through supplier performance and best practice implementations.
  • Streamlined supplier relationship management processes to enhance operational efficiency.
  • Optimized supply chain processes within Flextronics' global business services, ensuring alignment with company objectives.
  • Effectively managed and facilitated operational performance by closely monitoring supplier performance metrics.
  • Implemented procurement best practices, leading to efficient and compliant operations and increased process effectiveness.
  • Improved efficiency by streamlining supplier relationship management processes.
  • Enhanced procurement efficiency by implementing and optimizing e-procurement tools.
  • Facilitated efficient operations by implementing best-practice procurement.

Procurement Specialist

Flextronics India Pvt ltd
Hinjewadi
11.2015 - 06.2019
  • Handelled mutiples EMS parts with global electronics suppliers
  • Oversaw end-to-end procurement processes, executed weekly MRP schedule runs, and negotiated prices.
  • Oversaw all end-to-end procurement processes, covering everything from purchase requisition to final order workflow to achieve streamlined operational efficiency.
  • Executed weekly MRP (Material Requirements Planning) schedule runs by effectively coordinating materials procurement efforts based on production demands.
  • Regularly maintained supply needs in sync with production planning for seamless operational flow.
  • Enhanced weekly MRP runs for improved material availability, reduced potential stockouts, and minimized likelihood of unforeseen production delays.
  • Improved overall procurement workflow to streamline process efficiency and boost regulatory compliance with company and industry benchmarks.
  • Improved compliance in the procurement processes.
  • Demonstrated increased efficiency of MRP runs.

Sr. Executive Buyer

GE India Industrial Ltd.
Chakan
01.2015 - 10.2015
  • Prepared purchase orders (PO), tracked supplier commitments, coordinated for timely material delivery, managed acquisition process for materials, and facilitated supplier payment workflows.
  • Developed detailed purchase orders (POs) for diverse materials and components to facilitate uninterrupted operations across various departments.
  • Tracked supplier commitments by monitoring adherence to precise delivery schedules to ensure a continuous and reliable material supply.
  • Worked with vendors directly by ensuring timely material delivery. Maintained production processes without costly interruptions.
  • Managed material acquisition. Remained consistently compliant with both internal company mandates and relevant regulatory norms.
  • Followed through on supplier payment workflows, making sure they were prompt and accurate.
  • Improved purchase order creation by streamlining the process and reducing typical turnaround times while minimizing frequent errors; facilitated process efficiency.
  • Reduced billing cycle discrepancies across all channels.
  • Ensured accurate and correct billing cycles for all supply chain operations and departments.
  • Reduced turnaround time by optimizing PO processes.
  • Improved billing accuracy by decreasing incorrect discrepancies.

Sr. Purchase Engineer

Wind World (India) Ltd.
Pune
02.2014 - 01.2015
  • Spearheaded strategic procurement of materials, vendor selection, and purchase agreements. Monitored financial instruments like Letters of Credit.
  • Led strategic procurement of materials tailored for Windmill projects, ensuring all supplies aligned precisely with both technical specifications and detailed project timelines.
  • Streamlined supplier selection processes using information, making informed supplier choices that optimized financial and operational project outcomes.
  • Monitored the tendering processes effectively thus enhancing unbiased selections of optimal bids.
  • Executed precise purchase agreements through strict supplier performance oversight to guarantee continued conformance.
  • Kept track of financial instruments, especially Letters of Credit (LCs).
  • Minimizing potential procurement delays; maintained optimal availability of critical raw materials.
  • Sourced for vendors, and created appropriate contracts.
  • Worked to improve contract efficiency during the procurement process while reducing expenses.
  • Formerly Enercon
  • Ensured the availability of critical materials to optimizing workflows.
  • Improved vendor sourcing and contract creation through strategic vendors.

Executive 1

Videocon Industries Ltd.
Aurangabad
08.2010 - 01.2014
  • Administered purchasing activities, planning, tool room management, and analysis for new projects. Calculated mould costs and updated tool room's overall efficiency.
  • Supervised both direct and indirect purchasing activities, closely aligning all facets of the procurement process through strict compliance to financial requirements and industry standards.
  • Managed planning and execution phases of vital projects, from precise resource allocation, to detailed scheduling to enhance operational efficiency across multiple teams.
  • Supervised the Tool Room's overall management. Ensured creation of high-quality parts and tools instrumental to uninterrupted functioning of core manufacturing processes.
  • Performed rigorous analyses of potential projects by thoroughly evaluating each one to determine viability and strategic alignment within company objectives.
  • Examined mould expenses meticulously through cost-benefit analyses.
  • Enhanced and updated the Tool Room.
  • Enhanced Tool Room efficiency using enhanced procedures and upgrades.
  • Improved procurement processes. Shortened lead times and increased operational efficiencies.

Education

MBA - Production & Operations

UDMS Dr. Babasaheb Ambedkar
Aurangabad
01.2015

B.E. - Mechanical Engineering

Government College of Engineering
Jalgaon
01.2010

Skills

  • Strategic sourcing
  • Contract negotiation
  • Supply chain optimization
  • Vendor management
  • Cost management
  • Procurement processes
  • Inventory management
  • Materials management
  • Supplier evaluation
  • Risk assessment
  • Negotiation skills
  • Communication skills
  • Problem solving
  • Team leadership
  • Relationship management
  • Supply chain strategy
  • Cost optimization
  • Process improvement
  • Strategic planning
  • Decision maker
  • Proficient in SAP
  • Market research

Certification

Internal Auditor for ISO 9001:2008

Accomplishments

  • Introduced process improvements and standardization projects, enhancing operational efficiency.
  • Implemented Buy sell procees in ABC .
  • Acheived costing with Smart buy from Intersite , InterCM purchase.
  • Implemented cost reduction strategies within the procurement process.

Languages

English
Hindi
Marathi

Custom Section

  • Buyer 2, Jabil Circuits India Pvt ltd RPO office, Pune, Pune, Maharashtra, 2023-11-01, Present, Oversaw team performance, managed component shortages, processed purchase orders, applied negotiation skills, conducted supply chain analysis, maintained communication with intercompany entities, optimized global supplier networks, and implemented proactive shortage management system., Directed team performance in component sourcing and procurement, optimizing supply chain efficiency for Jabil's Malaysia plant., Effectively mitigated critical component shortages, minimizing production disruptions and ensuring timely customer delivery commitments., Managed over 800 electronic component purchase orders, streamlining the procurement cycle and optimizing inventory levels., Applied adept negotiation strategies to secure favorable terms and pricing, reducing procurement costs and enhancing profitability., Conducted detailed supply chain analysis to identify optimization opportunities, enhancing operational effectiveness., Improved supply chain efficiency for Jabil's Malaysia plant through effective component sourcing and procurement strategies., Minimized production disruptions by effectively mitigating critical component shortages and ensuring timely customer deliveries., Enhanced procurement cycle efficiency by streamlining 800+ electronic component purchase orders., Improved component availability visibility by implementing a proactive shortage management system., Reduced component lead times through optimized supplier relationship management practices.
  • Buyer II, Jabil India Manufacturing Pvt ltd, Ranjangaon, Pune, Maharashtra, 2022-09-01, 2023-10-31, Implemented process improvements, developed and maintained the Master Production Schedule, directed a team of six in contract planning and inventory analysis, spearheaded budget planning initiatives, oversaw capacity planning, and improved contract accuracy., Enhanced operational performance through process improvements, increasing capacity and customer size efficiencies., Improved contract accuracy and reduced inventory holding costs by refining inventory analysis processes., Achieved greater alignment between production schedules and customer requirements through continuous MPS (Master Production Schedule) improvements., Enhanced supplier responsiveness and overall satisfaction through improved collaboration and communication strategies., Improved supplier quality, reducing defects and associated costs., Enhanced operational efficiency and optimized resource utilization through improvements in capacity planning and customer size efficiencies., Reduced inventory holding costs through improving the inventory analysis., Improved alignment between production schedules and customer needs by enhancing and implementing continuous Master Production Schedule standards., Improved supplier quality, leading to a reduction in defects.
  • Sr. SME - Global Business Services, Flextronics India Pvt ltd, Hinjewadi, Pune, Maharashtra, 2019-07-01, 2022-08-31, Managed buying team, drove supplier relationship management, enhanced procurement efficiency, optimized the supply chain, and implemented procurement standards., Improved process quality and facilitated operational enhancements through supplier performance and best practice implementations., Managed a team of buyers, prioritizing improved process quality and operational innovation across global business services., Streamlined supplier relationship management processes to enhance operational efficiency., Implemented and optimized e-procurement tools to boost overall procurement efficiency., Optimized supply chain processes within Flextronics' global business services, ensuring alignment with company objectives., Effectively managed and facilitated operational performance by closely monitoring supplier performance metrics., Implemented procurement best practices, leading to efficient and compliant operations and increased process effectiveness., Improved efficiency by streamlining supplier relationship management processes., Enhanced procurement efficiency by implementing and optimizing e-procurement tools., Facilitated efficient operations by implementing best-practice procurement.
  • Procurement Specialist, Flextronics India Pvt ltd, Hinjewadi, Pune, Maharashtra, 2015-11-01, 2019-06-30, Oversaw end-to-end procurement processes, executed weekly MRP schedule runs, and negotiated prices., Oversaw all end-to-end procurement processes, covering everything from purchase requisition to final order workflow to achieve streamlined operational efficiency., Executed weekly MRP (Material Requirements Planning) schedule runs by effectively coordinating materials procurement efforts based on production demands., Led negotiations and price settings while ensuring alignment with budgetary constraints and project financial goals to secure favorable terms., Regularly maintained supply needs in sync with production planning for seamless operational flow., Enhanced weekly MRP runs for improved material availability, reduced potential stockouts, and minimized likelihood of unforeseen production delays., Improved overall procurement workflow to streamline process efficiency and boost regulatory compliance with company and industry benchmarks., Monitored contracts during the procurement process to ensure accuracy and compliance., Enhanced process efficiency through optimized workflow., Improved compliance in the procurement processes., Demonstrated increased efficiency of MRP runs.
  • Sr. Executive Buyer, GE India Industrial Ltd., Chakan, Pune, Maharashtra, 2015-01-01, 2015-10-31, Prepared purchase orders (PO), tracked supplier commitments, coordinated for timely material delivery, managed acquisition process for materials, and facilitated supplier payment workflows., Developed detailed purchase orders (POs) for diverse materials and components to facilitate uninterrupted operations across various departments., Tracked supplier commitments by monitoring adherence to precise delivery schedules to ensure a continuous and reliable material supply., Worked with vendors directly by ensuring timely material delivery. Maintained production processes without costly interruptions., Managed material acquisition. Remained consistently compliant with both internal company mandates and relevant regulatory norms., Followed through on supplier payment workflows, making sure they were prompt and accurate., Improved purchase order creation by streamlining the process and reducing typical turnaround times while minimizing frequent errors; facilitated process efficiency., Reduced billing cycle discrepancies across all channels., Ensured accurate and correct billing cycles for all supply chain operations and departments., Reduced turnaround time by optimizing PO processes., Improved billing accuracy by decreasing incorrect discrepancies.
  • Sr. Purchase Engineer, Wind World (India) Ltd. (Formerly Enercon), Pune, Pune, Maharashtra, 2014-02-01, 2015-01-31, Spearheaded strategic procurement of materials, vendor selection, and purchase agreements. Monitored financial instruments like Letters of Credit., Led strategic procurement of materials tailored for Windmill projects, ensuring all supplies aligned precisely with both technical specifications and detailed project timelines., Streamlined supplier selection processes using information, making informed supplier choices that optimized financial and operational project outcomes., Monitored the tendering processes effectively thus enhancing unbiased selections of optimal bids., Executed precise purchase agreements through strict supplier performance oversight to guarantee continued conformance., Kept track of financial instruments, especially Letters of Credit (LCs)., Minimizing potential procurement delays; maintained optimal availability of critical raw materials., Sourced for vendors, and created appropriate contracts., Worked to improve contract efficiency during the procurement process while reducing expenses., Ensured the availability of critical materials to optimizing workflows., Improved vendor sourcing and contract creation through strategic vendors.
  • Executive 1, Videocon Industries Ltd., Aurangabad, Aurangabad, Maharashtra, 2010-08-01, 2014-01-31, Administered purchasing activities, planning, tool room management, and analysis for new projects. Calculated mould costs and updated tool room's overall efficiency., Supervised both direct and indirect purchasing activities, closely aligning all facets of the procurement process through strict compliance to financial requirements and industry standards., Managed planning and execution phases of vital projects, from precise resource allocation, to detailed scheduling to enhance operational efficiency across multiple teams., Supervised the Tool Room's overall management. Ensured creation of high-quality parts and tools instrumental to uninterrupted functioning of core manufacturing processes., Performed rigorous analyses of potential projects by thoroughly evaluating each one to determine viability and strategic alignment within company objectives., Examined mould expenses meticulously through cost-benefit analyses., Enhanced and updated the Tool Room., Enhanced Tool Room efficiency using enhanced procedures and upgrades., Improved procurement processes. Shortened lead times and increased operational efficiencies.

Websites, Portfolios and Profiles

https://www.linkedin.com/in/puneet-chaudhari-7351401b/

Hobbies and Interests

  • Process Improvement
  • Strategic Planning
  • Global Sourcing
  • Team Management
  • Reading

Hobbies and interests

  • Swimming , Trekking & learning new supply chain models

Timeline

Buyer 2(Lead)

Jabil Circuits India Pvt ltd
11.2023 - Current

Planner & MRO lead

Jabil India Manufacturing Pvt ltd
09.2022 - 10.2023

Sr. SME - Global Business Services

Flextronics India Pvt ltd
07.2019 - 08.2022

Procurement Specialist

Flextronics India Pvt ltd
11.2015 - 06.2019

Sr. Executive Buyer

GE India Industrial Ltd.
01.2015 - 10.2015

Sr. Purchase Engineer

Wind World (India) Ltd.
02.2014 - 01.2015

Executive 1

Videocon Industries Ltd.
08.2010 - 01.2014

MBA - Production & Operations

UDMS Dr. Babasaheb Ambedkar

B.E. - Mechanical Engineering

Government College of Engineering
Puneet Bhaskar Chaudhari