Vinayak
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Vinayak Palav is seeking a senior position in purchase with a growth-oriented company. He has over 4 years of experience in purchase management, vendor development, and stores management. His experience includes cost savings of 71 lakhs through alternative sourcing, effective vendor management including ABC classification and training, inventory planning and management to avoid losses, and negotiation skills. He is looking to take on more responsibility and ensure continued career growth.
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Vinayak
- 1. VINAYAK CHANDRAKANT PALAV Shivaji Nagar, No.2, Yadav Chawl Marol Pipeline, Andheri East, Mumbai - 400 059 Tel: 022 - 28257776 Cell: 9773997776 Email: vinayakfrom1988@gmail.com OBJECTIVE Am a significant driving force, looking for a challenging position as a senior position in purchase with a growth oriented company. Continue to seek and accept responsibility to ensure continued satisfaction and career growth. KEY HIGHLIGHTS Cost saving- Replacement of alternative sources for RM/ PM (71Lakhs in 2yrs) Co-ordination and follow-up Adjusting action in relation to others actions and strong in follow-up. Clerical - Knowledge of administrative and clerical procedures and systems. Transportation - Knowledge of principles and methods for moving people or goods by air, rail, sea, or road, including the relative costs and benefits. Knowledge of telecommunications, hardware, gadgets systems. Sourcing knowledge, Good communication skills, effective negotiation & convincing skills, Good PR with suppliers. WORK HISTORY Current Assignment : G.S.PHARMBUTOR PVT. LTD.(MODI-REVLON GROUP) Mumbai Executive Operations February 2011 to Present.(4.3yrs) Purchase Management : Setting up the weekly, monthly, quarterly procurement plan. Procurement of raw material/packaging material from national and international market. Development of alternative local sources for imported raw materials
- 2. which helps in cost saving. Planning and budgeting of purchase functions, involving cost estimation, contract negotiations. Inviting and allotting tenders, Liaison with the production department to maintain optimum inventory. Implementing systems to avoid over-stocking or out-of-stock, resulting in financial losses. Liaison with finance department for timely bill payments, collate reports on procurement and usage of material for top managements perusal. Vendor Development : Effective management of vendor database. ABC classification of vendors on the basis of criterias like cost, quality, timely delivery. Assess and Conduct training's for vendors to enable effective Vendor performance and achieve companys goals. Evaluating vendors & negotiating the price, delivery schedule and terms and conditions with them. Timely clearance of payments & handling vendor inquiries. To maintain healthy relation with suppliers to achieve companies goal and to have a backup sources for RM/PM. Stores Management : Maintaining meticulous detail on stock of material without any variance by conducting stock verification & accurate documentation. Regularizing material receipts and ensuring the fluidity of stocks from warehouse to stores. Assignment 2 : Sukhvir Housing Agency : Mumbai Executive Sales August 2010 to February 2011.(7months) Estate Agency: Handling walk-in clients Successfully closing deals. Conduct meetings that achieve results.
- 3. Assignment 3 : Shri Parashakti Printers Pvt. Ltd. Mumbai Executive August 2009 August 2010.(1yrs) Client development Effective Vendor and Client Management Effectively control costs through economical utilization of personnel, materials and equipment. Display sound judgment in managing and controlling expenses. Maintaining and Ensuring fluidity of Stocks - Printing Materials Negotiating with vendors Billing Co-ordination and post sales service. PERSONAL DETAILS Date of Birth : 7th July, 1988 Marital Status : Single Sex : Male Nationality : Indian Language Known : Marathi, Hindi, English EDUCATION YEAR CLASS SCHOOL/ COLLEGE BOARD/ UNIVERSITY SUBJECT CLASS 2014 PG DIPLOMA WELINGKAR INSTITUTE OF MANAGEMENT DIPLOMA MATERIAL MANAGEMENT 2nd Class 2009 T.Y.B.COM. M.V.L.U COLLEGE MUMBAI COMMERCE Pass Class 2006 H.S.C S.R.S.S. COLLEGE MAHARASHTRA COMMERCE 2nd Class 2004 S.S.C. ST. LAWRENCE SCHOOL MAHARASHTRA ENGLISH Pass Class
- 4. References: 1. Mr. Shrikant Wakle(Business Development Manager Mascot Universal Pvt. Ltd.) - 9920320743 2. Mr. Craig Dsuza (Assistant Manager Business development-Nagase India) - 9820703612 Declaration: I hereby certify that the details given above are true to the best of my knowledge. DATE: PLACE: MUMBAI VINAYAK C. PALAV SOFTWARE/SYSTEM SKILLS Completed Computer Basic Course - MS-OFFICE - Vidya Institute (Govt. Recognized) 2010