Samadhan B. Kharat
Costing & Strategy Lead l Product Cost Management | Pricing Strategy l Cost Reduction I Variance Analysis
- Role
- Sr Costing & Sourcing Engineer at Cyient
- Location
- Pune, IN
- LinkedIn followers
- 500 followers
About Samadhan B. Kharat
With 10+ years in the automotive and material handling industries, I specialize in costing, strategic sourcing, and pricing strategy. My expertise spans sheet metal, machining, stamping, plastics, casting, and composites. Skilled in product costing, RFQ solutions, and tools like aPriori, DFMA, CATIA V5, and Power BI, I excel in sourcing top suppliers, negotiating contracts, and managing supplier evaluations.I focus on value engineering, technical issue resolution, and accurate delivery time estimation. My experience includes target price management and supporting buyers and logistics teams, using various estimating techniques to ensure precise cost assessments and strategic project outcomes.
Experience
Sr Costing & Sourcing Engineer
Jul 2022 — Present · Pune, IN
Identification of potential suppliers and finalization of suppliers based on consideration of norms.* Product costing & Sourcing support to USA client.* Preliminary discussion for manufacturability with supplier.* Leading YOY negotiations * Procuring quotation from identified supplier, Comparison of quotation of suppliers and preparation of comparative statement.* RFQ maintenance & cost collection for analyzing the quotes & actual costs.* Negotiating annual contracts.* Analyzing vendors cost & quotations.* Analyzing and calculating costs of procurement and suggest methods to decrease expenditure.* Creating & Maintaining cost data of different products.* Costing analysis for deviation findings.* Supplier interaction for faster & quality delivery.* Sourcing high quality products in India, USA, Poland, Philippines, Malaysia, Mexico, China & Asia region.* Handling customers amendments & documents.* Evaluating sourcing procedures and presenting improvement strategies to senior management for approval.* Set up and driving team for sourcing productivity, including lead time reduction, cost saving, dual sourcing* Aftermarket Margin improvements.* Tracking of actual costs against appropriate cost control structures.* Responsible for supporting the project teams in the use of the cost tools, acting as point of contact for basic user support/training.
Education
Sant Gadge Baba Amravati University, Amravati
Bachelor of Engineering - BE
2010 — 2014
All India Institute of Local Self-Government
PG Diploma
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