Madhan Kumar. K

About Madhan Kumar. K

Over several years of experience in Procurement/Logistics with expertise in Procurement, Inventory Control, Vendor Development & Management. Proven skills in managing a cross-functional team to accomplish challenging project tasks. Ability to build trust through strong interpersonal, communication, and decision-making capabilities gained by experience & exposure.Achievements made ISO first attempt with NIL Compliance / USD was bought back to the company, thro. overseas supplier visit./ Savings with 9% annually.

Experience

1. Head of Procurement & Exim

   Luftek Engineering Pvt Ltd

   Dec 2018 — Present · Chennai, IN

   Facilitating & managing procurement, solicit bids, developing new vendors, MIS, Stores and Logistics.Roles: Organizing regular contract review meetings with suppliers Liaising and managing agreements to ensure the service levels and price competitiveness. Assessing business needs, supply market and commercial risk to inform procurement planning and sourcing decisions Planning and leading contract negotiations in the establishment and review of supply arrangements to deliver value for money procurement outcomes. Coordinating with staff from across the organization providing advice and guidance to build expertise in procurement and improving procurement practice and outcomes Setting up Procurement Department & strategy which identifies, prioritizes, evaluates, manages procurement needs & opportunities. Monitoring Inventory Management with the respective executives Managing Import & Export Logistics with executives Maintaining the stock of material without any variance by conducting stock verification and documentation; following up on discrepancies, damage/expired goods and claims & returns to vendors; ensuring the safe custody of stores.Highlights: Successfully reviewed old vendors supplying crucial raw material by effective management of database which saved time in looking out for new vendors. Worked as a Single Point of Contact (SPOC) for procurement and contracting activities for contracts within a challenging time limit, encompassing multi-disciplinary materials as well as construction and engineering services. Steered in saving cost to help completion of projects within budget, which carried out 39 projects, so far. Successfully completed SAP implementation to the company.

Education

• University of Madras

  Bachelor of Commerce - BCom, Business/Commerce, General

  1998 — 2001

• INDIAN SCHOOL OF BUSINESS MANAGEMENT AND ADMINISTRATION

  Master of Business Administration - MBA, SCM & Logistics

• IFG

  DCA

• Madras University

  Bachelor of Commerce

• ISBM University

  Master of Business Administration, Logistics, Materials, and Supply Chain Management

• SRM IST Chennai

  Electronics