RESUME

AJIT KASHINATH THORATBehind RTO office, Umaji Colony, Station road, AurangabadE-mail:ajitkthorat@gmail.com, Phone: 9665525555

PURCHASE /MATERIALS MANAGEMENT PROFESSIONAL Seeking a senior managerial role in the domain of Procurement / Materials Management .

PROFILE · Academically qualified Graduate engineer and professionally matured materials manager

with career success of over 18 years in driving procurement /materials management initiatives with reputed business organizations.

· Demonstrated functional excellence - Materials procurement planning, Identifying, and developing domestic and global sources to build stable supply streams to support production/project operations.

· Skilled in driving innovative cost reduction techniques viz. alternative sourcing, materials substitution, indigenization, repeat ordering etc to generate substantial economy in procurement costs.

· Acknowledged capabilities in concluding purchase contracts for high value/capital items, raw materials, consumables, office inputs on most competitive terms. Successful record of managing entire project procurement for wide range of projects across different sectors.

· Adept in application of modern inventory management techniques to manage inventories to logical levels. Expert in deriving remarkable economy with judicious management of materials logistics. Effective planner and a hard negotiator with ability to conclude rate contracts/ blanket agreements to avoid rampant price escalations.

· Adequate exposure to conducting Production planning and manufacturing operations with ability to improve operational efficiency.

· Self-driven, disciplined, methodical and focused with strong analytical, leadership and motivation skills. Excellent written and verbal communication skills.

Key Strength AreasMaterials Planning , Comparative statements, Budjeting , Capex Purchase,Vendor Development , Purchasing, Warehousing, Inventory Management , Imports, Logistics Management,Time Management,Cost Reduction, Project Purchase. And all Purchase Related Activites.

PROFESSIONAL EXPERIENCE Earlier Assignments

AURANGABAD MOTORS PVT. LTD Oct 1997 – Nov 2002

A renowned engg. Co and a regular supplier of Shafts and sheet metal components to Bajaj, Videocon, Polar etc

Purchase Executive

· Efficiently managed purchase activities to support production programmes.· Identified and developed stable vendors to set up uninterrupted supply streams · Negotiated and concluded purchase orders on most competitive terms.· Streamlined procurement of imported Items from various countries and including smooth customs

clearances setting up effective coordination with clearing agents.· Maintained regular follow up with suppliers to ensure timely deliveries. · Provided technical assistance to the vendors in developing new components for the company. · Achieved substantial savings in purchase cost with effective implementation of cost reduction

techniques.

BG APPLIANCES PVT. LTD Dec 2002 – Nov 2007

A well established co manufacturing reputed Kenstar Brand Air Cooler & Water Purifier, Home Appliances and PCB Chassis for Videocon International.

Assistant Purchase Manager· Efficiently managed purchase activities to support production programmes.· Identified and developed stable vendors to set up uninterrupted supply streams · Negotiated and concluded purchase orders on most competitive terms.· Streamlined procurement of imported Items from various countries and including smooth customs

clearances setting up effective coordination with clearing agents.· Successfully Procured approx 400 components of various Technologies e.g Machined, Sheet metal,

Plastic Molding, Wiring harness, Hardware, Electronic components & Job work items.· Effectively managed Total Project purchase for Construction of Project of Gran Electronics at

BhujGandhidham - A 100 Cr Plant which includes Total PEB FactoryBuilding, Machinery, Conveyor, Lighting cables, Lighting Panels, MouldingMachines ,Gas Charging machines, for Refrigerator & Washing Machines lines of VIDEOCON.

· Systematized the entire documentation process in lie with ISO systems and procedures. · Reduced Average inventory levels to 3 days consumption from earlier level of 20 days.

SHREEHARI ASSOCIATES PVT. LTD Dec 2007 – March 2014

A prestigious Enginering & Construction company with annual turnover in excess of Rs. 100 Cr undertaking Projects in field of Irrigation, Construction of Dams, Barrages , Textile Parks, Sports Stadiums, Hydro Projects, Brewery Projects, Pipeline Projects which Includes Fabrication Work of Jointing of Pipes & Fabrication of Specials,Health Club.

Purchase Manager

Highlights of major responsibilities · Purchasing of MS Pipes from Essar Steel & Welspun,Electrical Motors & Pumps from Jyoti Ltd,TMT

& Structral steel , Glazing Work,Cements,Electrical Items,Buildig Items,HVAC,VRF systems,Utilities,PEB,Cranes,Batching Plants,Transit Mixer,Hydro Power Projects machines from Jyoti Ltd,Gym equipments,Sports related Purchase Etc

· Driving procurement initiatives to ensure delivery of right quality material at right time in right quantities.

· Drawing materials plan in coordination with user departments, identifying and developing sources of supply, and negotiating and concluding purchase contracts on most competitive terms.

· Maintaining regular coordination with departmental heads to resolve their procurement related issues. · Defining and procuring right quantity & quality of all kinds of engineering, consumables and office

inputs to avoid excess inventory build up. · Effectively managing entire inbound logistics involving finalizing transportation contracts,

warehousing, stores and inventory management. · Implementing Cost reduction mechanisms by availing quantity discounts, repeat ordering,

product/material substitution, alternate sourcing etc to maintain operational economy.· Effectively managing ordering process including establishment of LC if needed, scheduling supplies,

and maintaining regular follow-ups with suppliers, processing /verifying suppliers’ invoices/freight bills and arranging remittances as per order terms. Periodically conducting review of purchase contracts to identify and eliminate variances.

· Successfully managed total project procurement covering entire responsibilities right from indenting to procurement as one stop arrangement.

· Monitoring stocks of raw material, packing material and production consumables on regular basis to ensure uninterrupted of production lines.

· Identifying and arranging disposal of slow-moving, surplus & obsolete stocks and scrap under special discount schemes/auctions.

EXON MACHINES PVT LTD April 2014 – Till Date.

Exon Machines Pvt Ltd is a Amtek Group Group Company located in Shendra 5 star Midc in ShendraAurangabad ,Amtek Group is Headquartered in India, is one of the largest integrated component manufacturers in India with a strong global presence. It has also become one of the world’s largest global forging and integrated machining companies. The Group has operations across Forging, Iron and Aluminium Casting, Machining and Sub-Assemblies. It has 65 world-class facilities across India, UK, Germany, Brazil, Italy, Mexico, Hungary and US. The Amtek Group is comprised of the listed corporate

entities Amtek Auto, Amtek India, Ahmednagar Forgings, JMT Auto and other subsidiaries. With the infrastructure and technology platform developed over 25 years, the Group is well positioned in the Indian Auto and Non-Auto component markets.

Exon Machines Pvt Ltd is setting up New Forging plant of Press Capacity 12500 Ton the Third largest Press in India at 5 star Shendra Midc in Aurangabad. The setup of plant will be Fully Atomized with latest technologies , machines & Robots. The End Product will be Forged Front Axle Beam , Crank shaft of 6 cylinder, Railway Wheels Etc

Dy . Purchase Manager

Highlights of major responsibilities

· Driving procurement initiatives to ensure delivery of right quality material at right time in right quantities.

· Project Purchase of Machinery approx 550 cr, Machinery to Imported from Germany,Korea.,Japan & From India

· All Project Related Purchase which Includes PEB,Forging Press, Robots,Electrical substation of 132 kv,Electrical Cables,Conveyors,Blasting machines, Welding machines, Electrical Pannels,Induction Heater,Reduce roll machies,ETP/STP,Fire fighting,HVAC,Office Buildings,EOT Cranes,Fabrication Work,VMC Machines ,Compressor,DG Set etc.

· Project Budget Preparations ,Capex ,Payment Finalizations,Machine arrival time charts, Comparative Statements.

· Drawing materials plan in coordination with user departments, identifying and developing sources of supply, and negotiating and concluding purchase contracts on most competitive terms.

· Maintaining regular coordination with departmental heads to resolve their procurement related issues. · Implementing Cost reduction mechanisms by availing quantity discounts, repeat ordering,

product/material substitution, alternate sourcing etc to maintain operational economy.· Effectively managing Purchase Ordering process including establishment of LC if needed, scheduling

supplies, and maintaining regular follow-ups with suppliers, processing /verifying suppliers’ invoices/freight bills and arranging payment remittances as per order terms. Periodically conducting review of purchase contracts to identify and eliminate variances.

EDUCATION

· B.E. (Mechanical Engineering), Marathawada university - 63.13% marks· H.S.C, DeogiriCollege, Aurangabad -71.17% marks· S.S.C, HolyCrossEnglishHighSchoolAurangabad -64.42 %

Date of Birth :- 15.3.1975

Computer Skills: ERP , MS Office, Tally Etc

Training Programmes Attended*Attended special training Programs on Logistics Management.

Thanking You,

Ajit Kashinath Thorat.9665525555