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Rakesh Kumar

Rakesh Kumar

Materials Management Professional

Talent
MundraMember since July 13, 2026
Store ManagementSupply Chain ManagementMaterials ManagementProcurementVendor ManagementABC AnalysisLIFO-FIFOEIP 4.0SAPMaterial NXT Digital AppCost ControlNegotiation
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Store ManagementSupply Chain ManagementMaterials ManagementProcurementVendor Management

About

An astute professional with 15 years of total experience; including Supply Chain Management, Materials Management, Logistics, Inventory, and Store Management. Procurement, Vendor Management, Store Management & Inventory Control. Currently working with Larsen & Toubro Ltd. as Asst. Officer —Stores, since 10th August 2018 to till date at Dhanbad Urban Water Supply Scheme, Phase-2, Project value 510 Cr, Dhanbad, Jharkhand

Experience

Assistant Officer - Stores - Larsen & Toubro Ltd - Dhanbad, Jharkhand

(2018-08)

Dhanbad Urban Water Supply Scheme, Phase – 2. Client: Jharkhand Urban Infrastructure Development Company Limited (JUIDC). Project Value: 510 Cr.

  • Responsible for EIP 4.0. Spearheading the entire responsibilities of the store and reconciling the materials.
  • Ensuring minimum stock quantity, Purchase Requisition of materials & its procurement.
  • Communication between sub-stores, communication with site engineers & planning for the requirement of asset & consumable materials.
  • Certifying suppliers' bills and preparing monthly / quarterly MIS reports.
  • Making proper enquiries and inviting quotations.
  • Overseeing local purchases and developing new vendors
  • Quarterly Asset Verification & Reconciliation.
  • Handling Monthly Inventory closing timely & properly.
  • Maintaining zero MRBNR.
  • Reconciliation of Construction Materials including Steel & Cement, Ply Boards, Pine Woods.
  • BOI materials Reconciliation according to BOQ qty and actual receiving qty/actual consumed qty.
  • Managing day-to-day stores transaction, inventory, ABC analysis, LIFO-FIFO, of all items including Safety, Non-moving, Fast-moving items, the shelf life of the material, etc.
  • Monitoring the online data entry and documentation process through SAP-based systems to the daily compliance of PR, PO, GRN, MIR, GIN, and all stores related activities.
  • Monthly reconciliation of all Stores material including Bulk materials.
  • Monthly reconciliation of Sub-Contractors/Client issued materials on a Free and Chargeable basis.
  • Month-wise Preparation of Stock statement /MIB report and send to Regional Office.
  • Coordinate with all external agencies i.e., weights and measures, Explosive department, Insurance, Vendors, transporters, etc.
  • Cost-saving approach in every Stores activities & Logistics
  • Providing mentoring, direction, and guidance on the development and growth of the team.
  • Working towards continuous improvement in quality and cost of consumables based on future requirements and entering rate contract
  • Coordinating with RO & HQ for material supply & vendor's payment-related work.
  • Negotiation with vendors to get the best price & quality on materials purchased and ensure timely delivery.
  • To work on cost reduction, Quality improvement exercises on regular basis.
  • Identify and Develop Vendor source for achieving cost-effective purchase of equipment, accessories, local procurement of material and services, and ensure timely delivery to minimize project cost.

Store In-charge - Recruitment Bureau - Andhra Pradesh

(2017-05 - 2018-08)

APGENCO, Andhra Pradesh. Client: ISGEC Heavy Engineering Ltd. Project Value: 800 Cr.

Store In-charge - ISGEC Heavy Engineering Ltd. - Chhattisgarh

(2015-06 - 2017-02)

Spectrum Coal & Power Ltd. Client: Spectrum Coal, Chhattisgarh. Project Value: 1200 Cr.

Store In-charge - MACAWBER Beekay Pvt. Ltd. - West Bengal

(2011-07 - 2015-05)

Durgapur Thermal Power. Client: Damodar Valley Corporation (WB). Project Value: 410 Cr.

Education

MBA - Materials Management - Indian Institute of Materials Management (IIMM) (2023)

B.Com Honours - Commerce - Babasaheb Bhimrao Ambedkar Bihar University (2006)

Inter - Commerce - Bihar Intermediate Education Council (2003)

Skills

Materials Management Professional

Reviews

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