Gaurang Gupta

About Gaurang Gupta

A seasoned procurement professional, with 8+ years of experience in procurement of agro-commodities like edible oils, oil seeds, wheat and pulses. Adept in trend analysis, supply chain management, strategic planning and contract negotiations. A mechanical engineer from NIT Allahabad and a consistent academic performer with scores of 90%+ in higher education.

Experience

1. Manager

   Asian Paints

   Oct 2022 — Present · Mumbai, IN

   Asian Paints Limited, MumbaiIndependently handling INR 800 CR annual portfolio comprising of vegetable oils and derivatives such as soya oil, distilled fatty, palm oil, oil, sorbitol, linseed, olive, pine, glycerin, lauric, castor, and derivatives.Achievements:• INR 25 Crores savings through inventory management basis price trend analysis in last two years.• INR 10 CR savings through structural transformations.• 3% better raw material rates, outpacing competitors in Paints.• 100% servicing performance while maintaining key KPIs such as Inventory days, inventory turnover ratio, Consumption averages.• Initiated CAPEX proposal of INR 1.8CR for storage capacity expansion with the potential saving of INR 0.6CR annually.• On-boarding 15 new suppliers across all RM categories opening potential savings of INR 1 CR annually.• Formula based pricing of RMs price benchmarking.• API spot prices-based dashboard development to take real time positioning calls• NCDEX castor seed hedging for price risk management.• Direct imports of Glycerin with the potential savings of INR 1.5 CR.• Negotiated Half yearly contracts for sorbitol in FY’25 resulting in savings of INR 2 CR.• Aligning new spec revision for linseed oil with the potential savings of INR 1.2CR• Part of the break-through project team for alternative resin formulations. Achieved cost reduction by 12.5% from existing formulation.• Expansion of multimodal transportation (local RM) & FOB (Import RM) with potential freight cost rationalization by INR 1 CR annually.• Incurred zero detention (late noting charges) within the category in last two financial years

Education

• Seth Anand Ram Jaipuria School,Kanpur

  Higher Secondray

  1996 — 2008

• Motilal Nehru National Institute Of Technology

  Bachelor of Technology - BTech

  2009 — 2013