Shweta Jadhav

Purchasing Intern @Nykaa

Nashik, IN

Key Skills: Procurement, Vendor Management, ABC Analysis, FIFO, Material Handling, Supplier Evaluation, Inventory Optimization- Understanding the Purchase Process: Played an active role in learning and executing the complete purchase cycle, including vendor negotiations, purchase orders, and inventory management. Developed strong insights into how to streamline procurement operations to achieve cost efficiency- ABC Analysis & Inventory Optimization: Contributed to performing ABC analysis, a crucial inventory management technique that categorizes items into three categories (A, B, C) based on their importance. This allowed for improved inventory control and prioritization of critical items- Material Handling & Goods Allocation: Assisted in managing FIFO (First In, First Out) methodologies to ensure that older stock was used first, reducing waste and ensuring optimal resource utilization. Supported goods allocation strategies to ensure efficient warehouse space utilization- Vendor Management: Played an essential role in the vendor management process, where I helped in supplier rating and evaluation. This involved analyzing supplier performance based on quality, price, and delivery times to identify the best partners. Additionally, I helped conduct supplier satisfaction surveys, ensuring that relationships were mutually beneficial and leading to more effective negotiations.