Shwetank Chaudhary
Procurement Specialist @NMDC Dredging & Marine
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WORK HISTORY
Procurement Specialist @NMDC Dredging & Marine
End-to-End Procurement ManagementGenerate and float RFQs, manage tendering, and conduct two-stage bidding processes.Handle contract negotiations, award recommendations, and execution.Strategic Sourcing & Cost OptimizationDevelop cost-effective procurement strategies to maximize savings and efficiency.Achieved 12% cost reduction in onshore project contracts.Contract & Vendor ManagementNegotiate and manage subcontract agreements, service contracts, plant hire, and material procurement.Ensure supplier compliance with contract terms, performance guarantees, and quality standards.Offshore & Industrial ProcurementOversee procurement for vessel charters and marine assets, ensuring regulatory and operational compliance.Manage high-value contracts and logistics for offshore operations.Techno-Commercial & Risk AnalysisEvaluate technical and commercial aspects of tenders, conduct risk assessments, and ensure contractual compliance.Identify deviations in contracts and propose necessary amendments.Process Compliance & Procurement EfficiencyImplement and monitor procurement best practices while ensuring adherence to company policies.Maintain procurement records, contract documentation, and audit readiness.Cross-Functional Collaboration & LeadershipWork closely with engineering, finance, and operations teams to align procurement strategies with project goals.Lead supplier negotiations and maintain strong vendor relationships for long-term business benefits.
EDUCATION
Savitribai Phule Pune University
Bachelor of Engineering (BE), Mechanical Engineering
Ponnaiyah Ramajayam Institute of Science & Technology, Thanjavur
PG Diploma, Piping Engineering
Welingkar Institute of Management
PG Diploma, Finance
SKILLS
ABOUT SHWETANK CHAUDHARY
A results-driven Procurement & Contracts Specialist and Project Engineer with extensive…
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