Richard Premkumar Bhaskaran

Profile Summary

• Results-driven Sourcing and Procurement professional offering over 15 years of experience in Sourcing, Procurement Management, Logistics Management, Customer Order Management, Warehouse Management, International Trade & Logistics, and Cost Control 
• Techno-commercially Astute Professional with multitasking skills and experience in vendor identification, selection and development, and new program launch; demonstrated expertise in costing and negotiation skills with a focus on pre-sales, BOM cost reduction, value engineering, and YOY cost-down initiatives; proficient in SAP-ERP system, Oracle-based costing software tool, and QAD software tool
• Leading procurement strategies for: 
• Direct Materials for Multiple Programs such as Steel - Sheet Metal, round bars, Pipes, IPE, UPN, Perforated sheet, Plastic molding, Die casting, Machining, Casting, Forged items- Fasteners, Packaging-Corrugated boxes & Labels, Hydraulic & Pneumatic items, Consumables, Production items, Plating, Powder coating, Painting, IMD, 2k Molding, Welding, Assy, PCBA, Cables & Connectors, Sensors, Harness assemblies & so on
• Indirect Materials such as Machineries, Maintenance Consumables & Spares-MRO, NRE Tooling & Equipment & so on
• Proven expertise in new product introduction and development of parts, assemblies, and NRE tooling with a comprehensive understanding of APQP part qualification packages, DFM, ECO, and ECN
• Purchase Expert with a record of innovative success in sourcing for multiple locations/geographies across the globe and offering top-performing solutions for purchase/projects issues; leveraging standalone expertise in making timely decisions 
• Hard core negotiator with the capability to finalize supply contracts on globally competitive terms & showcased strengths in liaising with contracting principles to ensure compliance with contract specifications and resolution of problems/ issues
• Exhibited excellence in utilizing skills in negotiating prices with International /Domestic Vendors without compromising on quality; ensuring adherence to defined Quality Standards
• Excels in managing supply chain functions including getting competitive quotations, negotiating with suppliers, procuring materials and adhering to minimum inventory level to minimize wastage

Profile Summary

• Results-driven Sourcing and Procurement professional offering over 15 years of experience in Sourcing, Procurement Management, Logistics Management, Customer Order Management, Warehouse Management, International Trade & Logistics, and Cost Control 
• Techno-commercially Astute Professional with multitasking skills and experience in vendor identification, selection and development, and new program launch; demonstrated expertise in costing and negotiation skills with a focus on pre-sales, BOM cost reduction, value engineering, and YOY cost-down initiatives; proficient in SAP-ERP system, Oracle-based costing software tool, and QAD software tool
• Leading procurement strategies for: 
• Direct Materials for Multiple Programs such as Steel - Sheet Metal, round bars, Pipes, IPE, UPN, Perforated sheet, Plastic molding, Die casting, Machining, Casting, Forged items- Fasteners, Packaging-Corrugated boxes & Labels, Hydraulic & Pneumatic items, Consumables, Production items, Plating, Powder coating, Painting, IMD, 2k Molding, Welding, Assy, PCBA, Cables & Connectors, Sensors, Harness assemblies & so on
• Indirect Materials such as Machineries, Maintenance Consumables & Spares-MRO, NRE Tooling & Equipment & so on
• Proven expertise in new product introduction and development of parts, assemblies, and NRE tooling with a comprehensive understanding of APQP part qualification packages, DFM, ECO, and ECN
• Purchase Expert with a record of innovative success in sourcing for multiple locations/geographies across the globe and offering top-performing solutions for purchase/projects issues; leveraging standalone expertise in making timely decisions 
• Hard core negotiator with the capability to finalize supply contracts on globally competitive terms & showcased strengths in liaising with contracting principles to ensure compliance with contract specifications and resolution of problems/ issues
• Exhibited excellence in utilizing skills in negotiating prices with International /Domestic Vendors without compromising on quality; ensuring adherence to defined Quality Standards
• Excels in managing supply chain functions including getting competitive quotations, negotiating with suppliers, procuring materials and adhering to minimum inventory level to minimize wastage

BE Mechanical Engineering & MBA Operations & Materials