Prashant Hegganna

About Prashant Hegganna

MBA Graduate with Expertise in Procurement And SAP MMPROFESSIONAL SUMMARY3.5+ years of experience in Led end-to-end procurement operations including strategic sourcing, vendor evaluation, contract negotiations, purchase order creation, and order finalisation for multiple projects.Developed and implemented procurement strategies aligned with business and project objectives, resulting in improved sourcing efficiency and cost control.Achieved 15% cost savings through supplier negotiations, comparative statement analysis, and optimisation of procurement processes.Conducted market research and supplier capability assessments to identify cost-effective and reliable vendors.Managed vendor onboarding and lifecycle management, ensuring compliance with organizational policies, documentation standards, and audit requirements.Strengthened vendor relationships to improve negotiation leverage, service quality, and delivery timelines.Worked extensively on SAP S/4HANA (MM module) including Material Master creation, Vendor Master maintenance, Info Records, and procurement reporting.Created and managed Purchase Orders (POs) and Sales Orders (SOs) in SAP, ensuring accuracy and timely processing.Collaborated closely with Finance, Accounts Payable (AP), Accounts Receivable (AR), and Project teams to align procurement activities with budgets, invoicing, and payment cycles.Supported internal and external audits by maintaining accurate procurement records, contracts, and vendor documentation.Streamlined procurement workflows by identifying process gaps and implementing operational improvements to enhance efficiency and turnaround time. Core Expertise:1.Procurement Strategy & Strategic SourcingEnd-to-End Procurement Operations2.Vendor Management & Vendor Onboarding3.Contract Negotiation & Cost Optimisation4.Data Handling through SAP S/4HANA – Material Management (MM) & ExcelPurchase Order (PO) & Sales Order (SO) Creation with core knowledge in terms of resolving issues 5.Market Research & Comparative Statement (CS) Analysis6.Audit Support & Compliance Documentation7.Managing all Stakeholder 8.Client Management9.Cross-Functional Coordination (Finance, AP/AR, Projects)10.team handling

Experience

1. Senior Procurement Executive

   Space Matrix

   Aug 2024 — Present · Bengaluru, IN

   Led end-to-end procurement operations including strategic sourcing, vendor evaluation, contract negotiations, purchase order creation, and order finalisation for multiple projects.Developed and implemented procurement strategies aligned with business and project objectives, resulting in improved sourcing efficiency and cost control.Achieved 15% cost savings through supplier negotiations, comparative statement analysis, and optimisation of procurement processes.Conducted market research and supplier capability assessments to identify cost-effective and reliable vendors.Managed vendor onboarding and lifecycle management, ensuring compliance with organizational policies, documentation standards, and audit requirements.Strengthened vendor relationships to improve negotiation leverage, service quality, and delivery timelines.Worked extensively on SAP S/4HANA (MM module) including Material Master creation, Vendor Master maintenance, Info Records, and procurement reporting.Created and managed Purchase Orders (POs) and Sales Orders (SOs) in SAP, ensuring accuracy and timely processing.Collaborated closely with Finance, Accounts Payable (AP), Accounts Receivable (AR), and Project teams to align procurement activities with budgets, invoicing, and payment cycles.Supported internal and external audits by maintaining accurate procurement records, contracts, and vendor documentation.Streamlined procurement workflows by identifying process gaps and implementing operational improvements to enhance efficiency and turnaround time.

Education

• KLE Dr M S Sheshgiri College of Engineering and Technology

  Master of Business Administration - MBA, Marketing

  2018 — 2020

• KLE Society's G. I.Bagewadi Arts Science and Commerce College, Nipani

  Bachelor of Science - BSc, Physics, Chemistry and Maths