Sunil Patel

About Sunil Patel

Passionate about optimizing procurement processes and exceeding organizational objectives, I am a results-driven Senior Strategic Procurement Manager with extensive experience in the aerospace and defense industries. With an analytical mindset, strong leadership skills, excellent communication abilities, and a proactive problem-solving approach, I excel in executing strategic procurement plans, cultivating strong relationships with key suppliers, and uncovering cost-saving opportunities. Leveraging my expertise as a Commodity Manager, I lead cross-functional teams in developing long-term procurement strategies to mitigate risks and align with key stakeholders. By assessing market conditions and implementing cost optimization strategies, I ensure optimal inventory levels and propose strategies for cost reduction. In my previous roles, I managed procurement operations, supervised complex negotiations, and implemented advanced cost optimization strategies, resulting in over $350K in cost savings to date. With a focus on fostering supplier relationships and analyzing market trends, I have consistently delivered exceptional results while managing expenditures of up to $8 million annually. Whether it\'s spearheading global strategic sourcing initiatives, orchestrating the creation of RFQs, or managing purchasing operations, I thrive in fast-paced environments where I can drive efficiency and cost-effectiveness. My track record of negotiating essential commercial and technical packages, coupled with my expertise in adhering to Federal Acquisition Regulations (FAR) and Defense Federal Acquisition Regulation Supplement (DFARS), positions me as a valuable asset in any procurement team.Let\'s connect and explore how I can contribute to driving your organization\'s procurement excellence and achieving strategic goals!#Procurement #SupplyChainManagement #Aerospace #Defense #CostOptimization #RelationshipManagement

Experience

1. Commodity Manager

   Virgin Galactic

   May 2022 — Present · Tustin, CA, US

   As a seasoned Commodity Manager, I excel in executing strategic procurement plans and initiatives, fostering strong relationships with key suppliers, and implementing cost optimization strategies across procurement processes. Leading my team with precision, I spearhead the development of commodity sourcing initiatives, ensuring alignment with key stakeholders and bolstering risk mitigation efforts. By continuously assessing market conditions, I uphold optimal inventory levels, control costs, and propose effective strategies for cost reduction. My expertise extends to developing comprehensive business continuity sourcing plans, monitoring commodities to identify supply chain risks, and providing expert sourcing guidance to cross-functional teams, facilitating seamless business change management.Furthermore, my role involves forecasting and devising strategies for commercial aerospace commodities, aiming to minimize raw material costs, ensure material availability, and enhance processes through technological innovations. With a proactive approach, I cultivate and manage supplier relationships and networks for intricate machined parts, ensuring continuous supply while aligning with company goals, objectives, and product developments. Additionally, I oversee complex procurement processes such as Requests for Information (RFIs), Requests for Proposal (RFPs), and Request for Quote (RFQs), culminating in presenting RFx results to team members and finalizing purchasing decisions with precision and efficiency.

Education

• California State University, Fullerton

  Bachelor of Arts - BA, Logistics, Materials, and Supply Chain Management