Rahul Balsure

About Rahul Balsure

I am a Procurement Buyer at Thermax Limited, a leading manufacturer of energy and environment solutions. With over 5 years of experience in the manufacturing industry, I have developed strong skills and expertise in strategic sourcing, supplier evaluation, contract negotiation, quality assurance, and delivery management, using various tools such as SAP, Ariba, Oracle, P2P, and Power BI. In my current role, I manage the end-to-end procurement process for various materials and services, ensuring cost-effectiveness, reliability, and compliance. I have successfully planned and allocated purchase orders to the best suppliers, while taking care of taxes, rates, terms and conditions, and approvals. I have also coordinated with different departments and vendors to resolve any technical or commercial disputes, arrange inspections, approve drawings, and provide dispatch instructions. Additionally, I have contributed to the simplification of the procurement process by making annual rate contracts, resulting in significant time saving and feedback. I have also conducted E-Auctions, RFP, and RFX on SAP Ariba platform, generating value for the organization. I hold a Bachelor of Engineering degree in Mechanical Engineering from Savitribai Phule Pune University. I am looking for an opportunity to leverage my procurement and supply chain management skills and expertise in a dynamic organization focused on excellence and continuous improvement.

Experience

1. Procurement Buyer

   Thermax Limited

   Apr 2023 — Present · Pune, IN

   Floating RFQ to vendors, receiving quotations from different vendors, making comparative statements. Planned and allocate Purchase Order to the finalized vendor While Taking due care of Taxes, Rates & Terms and Conditions, approvals & release of purchase orders. Coordination with different departments in organization for arranging inspection, drawing approvals, dispatch instructions, advance and supply payments or settlement of any supplier\'s technical or commercial dispute with any relevant department Reviewed and evaluated bids to determine the lowest bid and delivery requirements within cost limits and award bid Maintained files on products and current market conditions and awarded bids for future references. Processing requisitions and updating management on the status of orders Established supplier identification, development & Management. Negotiation with supplier for obtaining timely procurement of material at favourable techno commercial terms. Handling vendor’s inquiries for payment & timely delivery. Coordinates with all concern department. Working on purchasing of the various commodities. Analyse all suppliers in order to select the most suitable suppliers who are able to deliver high quality products at competitive price. Accomplished procurement of Electrical Items Cables, Hook-up, Globe valve. Identify customer needs, clarify information, research every issue and provide solutions or alternative Successfully supported the production team with goods and materials required on time without any hiccups Expertise in handling multiple vendors for different products and carrying out vendor assessments. Good knowledge in the technical aspects and ensure quality of goods purchased are benchmarked with the set standards. As certain and convert Purchase requisition with purchase order going through with negations.

Education

• Savitribai Phule Pune University

  Bachelor of Engineering, Mechanical Engineering

  2014 — 2017