Ramakrishna Siraparapu

Senior Manager Supply Chain Management @Laurus Labs Limited

Hyderabad, IN

Manage a high-performing team of procurement professionals, providing leadership, guidance, and mentorship to ensure efficient and effective operations.Negotiating with vendors to procure essential materials at reasonable price, quality, safety and ascertaining alternate Suppliers for business consolidationStreamlining the system & procedures for effective material control towards ensuring a timely availability of materials, implementing systems for avoiding situations like over-stocking/out-of-stock, performing Material Requirements Planning (MRP), material availability check, ensuring the development of alternate source for MRO materials to reduce supply risk mitigationNourishing day-to-day relationship with vendors; ensuring achievement of service and quality norms for smooth flow of operations & supply of required itemsMonitoring spending, Budgeting, Purchase Price Variance (PPV), Improving working capital and controlling all requisite activities to perform techno – commercial operationsMinimizing the procure to pay transactions through consolidated procurement of materials with staggered delivery based on spend analysis resulting in optimization and synchronizationManaging all SEZ, EOU requirements to handle with Indian PartnersAccomplishing significant, sustaining savings, improving cashflow though longer payment terms and reducing supplier lead-times; brought additional savings by accelerating synergies following acquisitionsReviewing & validating necessary reports & documentation such as tracking the Purchase Order (PO), DO (Delivery Order), ADPR (Actual delivery position report), Aging Report, gross and net variance track report, quality performance report and sending to the higher authority for stakeholder visibilityPreparing MIS and keeping the management informed with MIS like weekly status of all the project procurement, cash flow, purchase volume in different shapes, Issues in the procurement / supply of materials to arrest the bottleneck.