Paras Maheshwari

About Paras Maheshwari

A competent professional with 14+ years of experience in Strategic Sourcing/ Vendor Development/Purchase/Global Sourcing/Procurement function at Automotive OEMs such as Cummins India, Hero MotoCorp, Escorts Ltd, and Mahindra & Mahindra. Recognized & rewarded for Effective & Smooth functioning of Purchase department. Demonstrating the exemplary performance in managing Techno-Commercial, Cost Reduction & Cost Management, Purchasing Strategy, Spend Analysis & Financial Analysis, Market Trends Analysis, Supplier Assessment & Onboarding, Supplier Capacity Assessment & Enhancement, Supplier Performance evaluation & improvement, Engineering Change Implementation, & Supplier Risk Assessment & Mitigation. Lead the team by coaching & developing the skills which are benchmark in the industry & absolute flawless in managing the project execution. I believe in making strong supplier relationship and enhancing business acumen skills, I am working with cross-functional teams and stakeholders to align the sourcing objectives with the organizational goals and vision. Awarded by Directors, MD, & CEO for delivering exceptional results on Cost optimization & profit Margin improvement.

Experience

1. Senior Manager- Strategic Sourcing

   Mahindra Group

   Aug 2023 — Present · Pune, IN

   Responsible for followings-1- Zero Base Costing, Clean Sheet Costing, TCO Analysis2- Driving Cost Reduction- Analysing the purchaing data, abstracting the actionable points from analysis, Review MIS with Top Management, VAVE, Alternate Sourcing, Alternate RM selection, Process cost review and optimization, Localization, Supplychain optimization, & So on.3- Supplier & Commodity formulation based on Annual Purchase Value, Category & Criticality of Parts, Market Analysis, Performace Parametes analysis (Quality, Cost, Delivery, & Attitude).4- Settling back to back penalty norms (Warranty Norms, Field Failure Norms, & Line Stoppage Norms)5- Leading Purchasing Functional Excellence (Setting up the process of Supplier Risk Assessment, & Mitigation, Supplier Rating, Supplier Financial Stability assessment)6- BOM cost analysis, budgeting of RM, Budgeting of vehicle cost, & provisions control (EBOM, MBOM, Gap Analysis, Corrections in BOM etc)

Education

• AJAY KUMAR GARG ENGINEERING COLLEGE, GHAZIABAD

  Bachelor of Technology - BTech

  2006 — 2010

• Indian Institute of Management Bangalore

  Certification Course

  2023 — 2023

Skills

• Operations Management
• Matrixone
• Project Planning
• Microsoft Office
• Purchasing Negotiation
• Strategic Sourcing
• Six Sigma
• Ariba
• Project Management
• Contract Management
• Ms-Office
• New Vendor Development
• Project Management Tools
• Erp Oracle
• Cost Reduction
• Microsoft Excel
• Strategy
• Procurement
• Cost Reduction Implementation
• Apqp
• Fmea