Bhushan Marathe

About Bhushan Marathe

A Highly adaptable professional engineer with 9 Year and 5 Months of extensive experience in Procurement Engineer in Heavy equipment\'s machinery manufacturing And Tires Manufacturers.Responsible for:Project Procurement planning and execution, Vendor development, supply chain network coordination, costing\'s, effective leadership with streamline the production line with new product.As well as quality assurance in fabrication weld shop responsible for quality and development of new projects, Details knowledge of TIG, MIG, CO2 welding with all defects1.Preparation and Maintenance of Purchase Contracts for all the suppliers.2. Part development and documentation of PPAP during alternate sourcing and localization. Costing of all sub assembly parts periodically depending on the variation in RM cost & processing cost. 4.Support & manage cost reduction & supplier quality throughout the Classic business.4. Value Addition / Value Engineering. Purchase Order ( PO ) generation and sharing the same with supplier on monthly basis. Determination and Regulation of proposed Share of Business ( SOB ) for all the suppliers. Introduction of new products, their successive trials and implementation. 8.Working with a programme bill of material ( BOM ), report on the sourcing status and critical changes that may affect the achievement of programme gateway milestones.8. To undertake process audit at supplier send periodically. Have been playing a key role in the implementation of online vendor portal for Vendor management. Cash Flow analysis over the year to track down Budget v / s actual expense. Vendor Management and Vendor Upgradation.

Experience

1. Sr Buyer

   Jio-bp

   Nov 2023 — Present · Navi Mumbai, IN

   Develop and execute commodity purchasing plans to achieve business objectives.Analyse market trends, supplier performance, and internal customer needs to inform purchasing decisions.Negotiate contracts, prices, and terms with suppliers to achieve cost savings and process improvements.Manage the procurement process for assigned commodities, including RFQS, RFPs, and auctions.Collaborated with internal stakeholders, including engineering, operations, and logistics, to ensure alignment and effective communication.Develop and maintain strong relationships with suppliers to ensure quality, delivery, and cost performance.Monitor and report on supplier performance, including quality, delivery, and lead-time metrics.Identified opportunities for process improvements and implement changes to increase efficiency and effectiveness.Developed and managed budgets, forecasts, and financial reports to ensure accurate financial planning and analysis.Stay up-to-date with industry trends, best practices, and regulatory requirements to ensure compliance and competitive advantage.Assist in preparing and processing purchase orders and requisitions accurately.Communicated with suppliers to obtain quotations, product details, and delivery schedulesMaintained and updated purchasing records, supplier database, price lists.Followed up with suppliers to ensure timely delivery of materials and resolved basic delivery issues.Coordinated with the inventory team to monitor stock levels and supported in stock audits.Ensured purchased materials compiled with company quality standards and specifications.Supported efforts to achieve cost effective purchasing without compromising quality.Assisted in Preparing Basic Procurement reports and tracking pending purchase orders.Change Management and Control.New Added responsibility- Big CAPEX Sourcing,ARC, CAMC, Copper commodities, Pump, STP, DU, FRP Tank, TPI, Engineering Services, Injection Molds & Checking Fixtures.

Education

• North Maharashtra University

  Bachelor's degree, Mechanical Engineering

• TCIL Graphics .pune

  designer, Mechanical design engineering