ARUN ELANGOVAN
Procurement
Profile summary
Results-driven Procurement and Inventory Management Professional with 2 years of experience in strategic sourcing, vendor management, and inventory optimization. Adept at cost reduction, supply chain efficiency, and ERP systems to streamline procurement processes. Strong negotiation skills with a proven track record of reducing procurement costs and enhancing supplier relationships. Looking to leverage expertise in procurement and inventory control to drive operational excellence in a dynamic organization.
Career highlights
Maintained Optimal Stock Availability: Prevented production losses by proactively maintaining optimal raw material inventory levels, ensuring uninterrupted supply for manufacturing processes at AKSHAYA ENGINEERING INDUSTRIES.
Key skills
Professional experience
Orchestrated raw and packing material planning based on production forecasts, guaranteeing seamless operational continuity and preventing production downtime. Generated and administered Purchase Requests (PRs) and Purchase Orders (POs), securing required approvals to facilitate prompt and efficient procurement processes. Cultivated strong vendor relationships, proactively coordinating with suppliers to ensure consistent on-time material deliveries. Optimized inventory levels to minimize the risk of material shortages, supporting uninterrupted production schedules and reducing potential delays. Managed material shelf life and expiry dates, minimizing waste and decreasing write-off losses by [quantifiable percentage or amount]. Streamlined invoice processing and ensured timely vendor payments, contributing to positive supplier relations and favorable payment terms. Facilitated smooth inventory transitions by effectively phasing out obsolete stock and integrating new materials into production processes. Partnered with procurement and quality assurance teams to resolve material quality issues, minimizing disruptions and maintaining product integrity. Monitored and maintained minimum and maximum stock levels, ensuring continuous material availability and responsiveness to fluctuating production demands.
- Plan raw material and packing material requirements based on production needs, ensuring smooth operations.
- Generate purchase requests (PRs) and purchase orders (POs), securing approvals for timely procurement.
- Coordinate with vendors and suppliers
- Prevent production losses by maintaining optimal inventory levels of raw materials.
- Monitor material expiry, preventing losses due to write-offs.
- Ensure accurate invoice processing and timely vendor payments.
- Oversee inventory transitions, efficiently phasing out old stock and integrating new materials.
- Resolve quality issues with procurement and quality assurance teams.
- Track minimum and maximum stock levels, ensuring stock availability.