Sachin Madbhave

A self-motivated professional with 19 Yrs experience in Materials Management, Procurement, Supply Chain & Business Administrative activities. Expertise in vendor management, inventory planning, and cost optimization. Seeking to leverage procurement and inventory control experience into warehouse and supply chain operation roles.

Deputy Manager - Materials at Agilus Diagnostics (Formerly known as 'SRL Limited') (2021-07 – Present)

Managing purchasing function, procurement & inventory of materials and services, vendor management, and warehouse operations across multiple locations

• Active participation in managing the purchasing function i.e. develop a purchase policy to buy goods and services
• Managing procurement & inventory of materials and services
• Monitoring minimum, maximum, and reorder levels to ensure no stock outs
• Performing regular physical counts and maintaining 100% accuracy between physical and digital records
• Facilitate internal and external customers
• All Audit Compliance
• Systematic stacking of goods based on size, value, and environmental requirements
• Evaluate suppliers on multiple criteria –price, quality, service-support, availability & reliability
• After an in-depth research & negotiations, select the vendor based on the Purchase Policy
• Receive and expedite authorised purchase assignments / requisitions from the various Labs
• Scrutinize & understand the material requirements
• Ensure the best quality at low cost
• Ensure adherence to SOP
• Generating enquiries for indented material & forward to vendor (RFQ, RFP)
• Getting quotations and preparing comparative statements
• Follow up for materials with vendors
• Identification, evaluating & selection of Supplier
• Calculation of vendor quality rating and delivery performance
• Communication with supplier in case of Non-conformance / shortages / deviations
• Order Review and contract Review
• Overall responsibility for smooth functioning of Purchase, Stores & Warehouse operations
• Supports at multiple locations / plants for requirement of material – Logistics operations
• Analysis of changes in Inventory
• Negotiation with vendors & finalising orders

Manager-Procurement (Sr. Buyer) at Reliance Life Sciences (2020-08 – 2021-01)

Managing procurement & inventory of materials and services, vendor negotiations, and multi-location material support

• Managing procurement & inventory of materials and services
• Verification of Indents and raising Purchase Orders
• Facilitate internal and external customers
• Managing procurement and supports at multiple locations
• Negotiation with vendors and finalising orders
• Follow up with vendors for timely delivery of material and services
• Vendor Development
• MIS Reporting

Assistant Manager - Materials at SRL Limited (Formerly known as 'SRL Ranbaxy') (2009-11 – 2020-07)

Managing Procurement, Inventory and warehouse logistics operations, setting up policies and procedures, inventory management and cost optimization

• Managing Procurement, Inventory and warehouse logistics operations
• Identifying and managing the disposal of obsolete and scrap materials to optimize warehouse space
• Setting up policies and procedures related to materials & procurement
• Supports at multiple locations / plants for requirement of material
• Oversees inventory policy and procedures including inventory level and stock outs checks
• Maintaining optimum inventory levels and providing input reports for annual budgeting
• Formulate and amends the procedures receipts (Inward), storage, issue (outward) and disposal
• Analysing & Calculating Landed Cost
• Collection of data and preparing MIS reports
• Analysis of changes in Stock - Inventory
• Negotiation with vendors & finalising orders
• Vendor Development
• Processing Rate Approvals with confirmation from Head Purchase
• Follow up with Finance department for timely payment
• Maintaining and replenishing required level of stock
• Co-ordinate and follow up with vendors for timely deliveries
• Prepare Material Requirement Planning (MRP)
• Provide input reports for annual budgeting
• Training subordinates, end users on purchasing system, Inventory control and Warehouse operation
• Supervises and manages subordinates, review their work for performance appraisal
• Preparing and Presenting MIS to management

Manager-Purchase Materials at Radium Creation (2009-04 – 2009-11)

Material Management and Procurement, vendor negotiations, and stores department management

• Material Management and Procurement
• Managing comprehensive inward and outward records for all materials, including imported goods
• Negotiation with Suppliers
• Vendor Development
• Replenishing required level of stocks
• Preparing and presenting MIS to management
• Coordination between internal and external customers
• Managing stores department

Stores Officer at Fine Platinum (I) Ltd. (2002-09 – 2008-12)

Material planning & budgeting, inward/outward management, vendor negotiations, and quality control

• Material planning & budgeting of purchases
• Co-ordination with contract manufacturers
• Negotiation with suppliers
• Responsible for all local as well as imported purchase. (Except Gold & Diamond)
• Verifying inward materials against quotations and proforma invoices to ensure billing accuracy
• Analysis of quotations & proforma invoices against current market prices
• Follow up with suppliers to ensure timely delivery of goods & services
• Manages Material inward(receipts), Outward(issues) and disposals
• To ensure all the quality checks done before moving the goods to stores department
• To set the minimum level & maximum level for every SKU in stores
• Vendor Development

Officer - Stores at Fine Jewellery (I) Ltd. (1999-04 – 2002-09)

Stores management, inward/outward record maintaining, vendor negotiations, and inventory control

• Stores inward outward record maintaining
• Receipt and verification of inward materials
• Systematic staking of goods as per their size and value
• Negotiation with suppliers
• Ensuring sensitive items at correct temperature or humidity
• Implementing fire safety measures and preventing unauthorised access to high value stock
• Monitoring Minimum, Maximum, and reorder levels to ensure the no stock outs
• Performing regular physical counts to ensure the physical stock matches with system
• Responsible for all local as well as imported purchase. (Except Gold & Diamond)
• Scrap disposal
• Maintaining 100% accuracy between physical and digital records
• Analysis of quotations & proforma invoices against current market prices

Master of Business Administration (MBA) in Marketing – YCMOU, Nashik (2009-05)

Diploma in Business Management (DBM) in Business Management – Welingkar Institute of Management Studies, Mumbai (1998-06)

B.com in Vocational Degree Course with specialisation in Computer Application – Mumbai University (1997)