Amit Verma

About Amit Verma

As a Senior Strategic Sourcing Manager at Hindware, I leverage my 21 years of experience…

Experience

1. Strategic Sourcing Manager

   Hindware Limited

   Sep 2021 — Present · Gurugram, IN

   Key Result Area’s• To manage and control the procurement-to-pay process and other requisite activities for all Traded Products in the sanitary ware Category within India.• Responsible for controlling purchasing costs as per the dezned budget allocation.• Procurement and development of domestically traded products in the sanitary-ware category.• Product costing and price negotiation, Price znaliNation and approval• Sew product development of Qanitary ware items in coordination with the product and juality teams.• Identify and drive cost efzciency proMects, new supplier development, quality improvement, correction, and supplier consolidation.• Coordination with vendors for timely supply and forecasting delivery against monthly plan• Haintaining monthly price calculations and Approvals of commodity-based products.• Establish the necessary controls to maintain system ’ygiene.• Tracking sanitary ware supplies from suppliers on a daily basis.Vendor Development:• Effective management of vendor databases• Introduce new vendors and re-introduce old vendors at lower prices.• Evaluate vendors on various terms and conditions.• Timely clearance of payments and handling vendor queries.Additional Responsibilities:• Putting up suggestions and guidelines for vendors to educate them about the companyDs requirements and help them improve their performance.• Leveloping reports on various programs run for vendor development and assessment• Developed a comprehensive database of suppliers and vendors that improved sourcing efficiency.• Participated in strategic initiatives to identify and evaluate new suppliers and products• Developed a new sourcing strategy that improved supplier diversity and contributed to company sustainability goals.Achievements –• SHINING STAR OF THE YEAR AWARD FY 21-22• SHINING STAR OF THE YEAR AWARD FY 22-23

Education

• Delhi University

  Master of Business Administration - MBA

  2020 — 2022

• Delhi University

  B.Com (pass)

  2001 — 2004

Skills

• Management
• Project Planning
• Erp
• Key Account Management
• Procurement
• Sourcing
• Vendor Management
• Sla
• Negations
• Crm
• Vendor Management Skills
• Telecommunications
• Account Management
• Pricing
• Negotiation
• Logistics
• New Business Development
• Supply Chain Management
• Business Development
• Team Management