Ruthrapathi V

About Ruthrapathi V

As a Category Buyer at Danfoss, I focus on fostering supplier relationships and leveraging strategic sourcing to align procurement activities with organizational goals. Collaborating closely with cross-functional teams, we drive cost optimization through market research, benchmarking, and supplier performance evaluations. My role also encompasses inventory management, team leadership, and contract negotiations with freight forwarders, ensuring seamless operations and cost efficiency. With over two years of experience in category management and cost analysis at Danfoss, I have developed robust expertise in supplier development, cost modeling, and stakeholder collaboration. My motivation lies in enabling continuous improvement and achieving measurable business outcomes through data-driven decision-making and agile processes.

Experience

1. Category Buyer

   Danfoss

   Oct 2024 — Present · Bengaluru, IN

   Developed and executed sourcing strategies aligned with global business objectives, ensuring cost competitiveness, quality compliance, and lead time optimization.• Led QCLDM performance improvement programs, driving measurable supplier performance gains and operational efficiency.• Negotiated framework agreements, service level agreements, and long-term contracts with strategic suppliers, improving compliance and strengthening partnerships.• Delivered 130% demand increase without additional capital expenditure and achieved 65% localization ratio, reducing dependency on imports and improving supply chain resilience.• Managed high-value CAPEX procurement projects, achieving 25% cost savings on major equipment purchases while ensuring timely delivery and compliance with technical specifications.• Oversaw inventory management processes, ensuring optimal stock levels, reducing excess inventory, and improving warehouse efficiency through lean principles.• Evaluated and monitored supplier performance using KPIs for cost, quality, lead time, and sustainability; implemented corrective actions for continuous improvement.• Supported quality teams in conducting supplier audits, ensuring adherence to compliance standards and driving process enhancements.• Performed COPQ analysis and managed claims from suppliers, ensuring accurate cost allocation and recovery.• Managed quarterly scrap contract settlements, NDA/SLA agreements, and CAPEX procurement negotiations to optimize costs and secure favorable terms.• Identified cost-down areas and achieved top-down targets through structured negotiation strategies and supplier engagement.• Led a team of 4 members, providing guidance, training, and performance management to achieve departmental objectives and enhance team capabilities.• Managed freight forwarder contracts, ensuring compliance, timely renewals, and negotiation of favorable terms to optimize logistics costs.

Education

• Birla Institute of Technology and Science, Pilani

  Bachelor’s Degree, Bachelor of Science in Engineering Technology

  2013 — 2016

• Ramakrishna Mission Residential College

  Diploma, Automobile Engineering