Malay Bhavsar

About Malay Bhavsar

Procurement and Contracts Specialist with over 12 years of experience in strategic…

Experience

1. Buyer

   Thermax Limited

   Dec 2023 — Present · Pune, IN

   Lead strategic sourcing, procurement, and contract management for EPC and electrical projects with purchase volumes up to ₹100 Cr INR, spanning oil & gas, steel, fertilizer, pharma, power, and mining industries.Key Achievements & Responsibilities: Manage end-to-end procurement of electrical equipment, EPC packages, and MRO materials for domestic and export projects, ensuring on-time delivery, cost control, and quality compliance. Drive supplier identification, qualification, and techno-commercial evaluation to secure competitive pricing and optimized technical solutions. Negotiate high-value contracts, applying global sourcing strategies, rate contract management, and cost optimization techniques to achieve significant savings. Collaborate with engineering, project management, and finance teams to align procurement schedules with critical project milestones. Implement digital procurement solutions integrated with SAP-MM and Oracle ERP, improving procure-to-pay cycle efficiency by 15%. Strengthen supplier relationship management for both domestic and international vendors to ensure supply continuity and risk mitigation.

Education

• Indian Institute of Materials Management, Ahmedabad

  PGDMM

  2022 — 2023

• Nirma University, Ahmedabad, Gujarat, India

  Bachelor of Technology - BTech

  2009 — 2013

Skills

• Engineering
• Windows
• Powerpoint
• Microsoft Excel
• Matlab
• Microsoft Word
• Electronics
• Autocad
• Teamwork
• Microsoft Office
• Customer Service
• C
• Programming
• C++
• Java