Somit Mukherjee

About Somit Mukherjee

Management Professional with 25+ years of progressive leadership experience creating value for the organization through end-to-end Analysis, Strategy & Execution.Globally responsible in managing complex Supply Management operations ( Commodity/Non-Commodity price & supply chain) focused towards meeting Topline & Bottomline expectations of the organization and its different SBUs/divisions spanning Personal Care, Home Care, Oral Care, Health Care, Foods, Pharmaceuticals, Private label & International BusinessStrong technical competency and delivery responsibility in all aspects of Procurement & Supply Management including Strategic Sourcing, Category Management (including Structuring, cross-linking and segregation), Price Risk Management and Mitigation,Price forecasting & estimation, Counter – inflation strategies,Total cost of ownership, Supply & Supplier Risk Management, Policy formulation & Regulatory compiance, Contract management, Forensic Audit including Internal & External partners, Procurement systems including E- Procurement (effective RFI, RFP, RFQ, RFX, E-bidding (Reverse & Forward auctions) for value realization,Digitalization (Supplier portal), Cataloging & Supplier guidance portal,Terms of Payments, Working Capital management & Account payable options, In-sourcing and Out-sourcing - Make versus Buy decisions, Synergisation of potential acquisition proposals & Merger integration,New Product supply chain optimization,Source & Supplier base optimisationBase commodity & Intermediate level Price forecasting including assessment of Global & Local Supply and Demand scenarios, Short term (Technical Analysis), Long term (fundamental)Heading several Cross-Functional & Collaborative cost optimization projects incorporating internal stakeholders and external partners including suppliers & consultantsRepresenting & advocacy with Government bodies and institutions for policy mattersCapex commercials & delivery evaluation including ROI, ROCE, Time managementLogistics Management (Inland & Sea) including Price & Timely deliveryMember of Forex & ESG committee from functional viewpointBackward integration in Supply & Price Critical categories Executive Stakeholder management and Board interaction Localisation & Export-Import management including utilization of FTAs, Exemptions, Incentives and ComplianceInventory management with a view to maximizing ROCE internally & external stakeholders

Experience

1. Chief Procurement Officer and Senior Vice President (Central Procurement and Material Supply Chain)

   Dabur India Limited

   Jun 2005 — Present

Education

• Institute of Rural Management Anand (IRMA)

  Post Graduate Diploma in Rural Management (PGDRM), Business Administration and Management, General

  1994 — 1996

• SMC college of Dairy Science

  Bachelor's degree, Dairy Technology (B.Tech)

  1989 — 1994

• I B Patel English School

  Senior Secondary Certificate

  1977 — 1987

• R P T P Science College

  Higher Secondary Certificate, Science

  1987 — 1989

Skills

• Business Development
• Cost Benchmarking & Management
• Currency Risk Forecasting
• Negotiation
• Competitive Analysis
• Building Organizational Capability
• Product Development
• P&L Management
• Fmcg
• Team Management
• Working Capital Management
• Statutory Compliances
• Commodity Risk Management
• Import/Export Operations
• Third Party Vendor Management
• Cross-Functional Team Leadership
• Packaging
• Marketing Strategy
• IT Procurement
• Supply Risk Management
• Commercial Management
• Supply Chain
• Supplier Development
• Procure-to-Pay
• Market Planning
• Export Control Compliance
• Logistics
• Fraud Detection
• Business Strategy
• Supply Chain Management
• Procurement
• Procurement Audit
• Forecasting
• Contract Management
• Commodity Pricing
• Strategic Sourcing
• Global Sourcing Strategy
• Management
• Commodity Markets
• Strategy