Naresh Setti (2)
Published on: Mar 3, 2016
Transcripts - Naresh Setti (2)
Naresh Kumar SettiNaresh Kumar Setti
E- Mail: nareshat9pm@@gmail.com Contact:
Naresh Kumar Setti is M-Tech in Industrial Engineering and Management from IIT Kharagpur and having
total 7 years of enriched expertise in Material Procurement in Steel and Automobile sector.
Currently associated with Tata Motors Limited, Jamshedpur as Manager Operational/CAPEX
Procurement and leading a team of 8 subordinates
Expertise in handling local and import procurement, vendor development, e-commerce and finalizing the
Annual Rate Contracts (ARC’s)
Expertise in creating the purchase documents (such as purchase requisition, RFQ, purchase order, etc.)
using SAP Material Management and mySAP SRM as end user.
Proficient in leading dedicated teams for running successful business operations and experience of
developing procedures and service standards for business excellence.
An effective communicator and negotiator with excellent relationship building & interpersonal skills. Strong
analytical, problem solving & organizational abilities.
Evaluating the performance & monitoring the key buyer activities.
Standarising the MRO (Maintenace, repair and operations) items and converting more and more items into
Annual Rate Contracts.
Identifying prospective suppliers, global and domestic benefiting the business organisation both in terms of
cost and quality.
Working in highly matrix structured organization and looking for Electronics/IT/ Telecom procurement for
all seven locations of Tata Motors.
Six Sigma Green Belt Holder.
Tata Motors Limited, Jamshedpur Manager Operational/capex Procurement
Nov ’11 – Till Date
Leading a team of 8 members for managing the Operational Procurement activities at Jamshedpur.
Procurement Value of Rs 42 Crores monthly.
Responsible for procurement of entire gamut of electrical, mechanical, instrumentation, hospital, canteen,
electronics & Auto tools. Illustrative materials included Transformers, Cables, PLC Drives, Switch Gears,
Machined spares, Fabrication Spares, Auto Spares, Valves, and Seals.
Providing direction, motivation & training to the purchase team for ensuring optimum performance of the
Performing the cost benefit analysis for “Make or Buy” decision making for selected materials.
Benchmarking the Annual Rate Contract prices with other corporate companies.
Introduced Desktop / Mini Max buying for regularly consumed comodities.
Developing green channel and OEM vendors.
Team Lead as purchase process owner in Implementation of mySAP-SRM, which includes AS-IS, TO-BE
documentation for procurement process, testing the scenarios configured in mySAP-SRM
Converted 7240 number of items into ARC with saving of Rs. 2.42 Crs as compare to last purchase price
Recognized and awarded Best Employee of the Year 2012.
Received the promotion with in a one year time.
Savings achieved Rs 2.25 Crs by introducing the OEMs in place of their authorized dealers.
Introduced multiple sources in place of monopoly vendors, which was also resulted into savings.
Savings achieved through consolidation of the requirement and global RFQs.
Reduced Indent/purchase requisition to purchase order cycle time from 45 days to 17 days by
standardizing the procurement process.
Utilized Minitab for statistical data analysis to prepare MIS.
JSW Steel Limited, Mumbai Asst Manager Operational Procurement
Procurement of material (Imported as well as Domestic) utilizing the ERP application (SAP MM & mySAP-
Leading a team of 5 buyers and managing entire breadth of operations inclusive of sourcing.
Vendor development, vendor evaluation, selecting & providing technical inputs to identify the
sources/vendors to enable them to supply material and installations of desired quality and in required
Developing and implementing purchasing strategies and procedures in conjunction with department leads.
Monitoring and analyzing trends in company spending and inventory control to identify prime cost-saving
Conducting online RA (Reverse Auction) with the hands on experience in live auction and bidding engine
Liaison with Legal Department for approving bank guarantees and also for proper designing of purchase
orders, contracts and agreements etc.
Handling of purchase order process efficiently with end to end implementation in My SAP SRM (Supplier
Relationship Management) and coordinating with SAP team to make the process more efficient.
Establishing adequate Service Level Agreement (SLA) with internal customers as well as external suppliers
and ensuring continual improvement.
Designing, implementing & monitoring effective procurement schedules along with finalising
specifications of materials & establishing quality & quantity limits for effective inventory control.
Coordinating with the strategic planning team for procurement of Mechanical, Instrumentation, Electrical,
IT and lab apparatus Items.
Facilitating E-Sourcing and conducting E-Auction for the procurement of various materials.
Ageing analysis / ABC analysis of Inventory.
Conversion of 10000 plus items from Spot Buying to Rate Contracts for better pricing and timely delivery
(Discounts / Rates finalized for all the Rate Contracts benchmarked against the best industries).
Maintaining lowest average Shopping Cart to Purchase Order cycle time of 7 days consistently as against
the target of 12 days.
Actively participated in implementation of mySAP SRM.
Annual Rate Contract with Forbes Marshall, Philips, Emerson Process Management, Siemens/ Schneider,
SKF and Exide for Electrical and Instrumentation Spares.
KEY PROJECTS HANDLED IN JSW Steel/ Tata Motors:
Sl.No Project Title Techniques and Tools used
1 Created commodity profile for Graphite Electrodes.
Spend Analysis, Trend Analysis, Sample cost
calculator, Commercial RFQ
To reduce the procurement cycle for desktop and
DMAIC (Six Sigma), MRP (Inventory
3 Standardization of oil and lubricants Standardization
To find the Effect of Alumina on Blast furnace
System Analysis, Correlation
5 Standardization of Bag Filters used in CPS Alternate sourcing/ vendor development
6 Medicine Procurement for Tata Motors Hospital e-Commerce
Academia Board Year of Passing % obtained
Class Board of Andhra Pradesh 1999 68.52%
Intermediate Board of Andhra Pradesh 2001 71.20%
B. Tech (Computers) J.N.T.U, Hyderabad 2006 70.00%
M. Tech (IE&M) I I T Kharagpur 2008 82.19%
Date of Birth : 01st
Permanent Address : Ampavalli (Vill & PO), Balijipeta (Mandal), Vizianagaram (Dt) - 535557, Andhra
Present Address : Flat No: 3321, IXIA Block, Vijaya Gardens, Near Mercy Hospital, Baridih, Jamshedpur
Current CTC: Rs 10.50 Lakhs (Fixed) and Rs 1.50 Lakhs (Variable Pay)
Expected CTC: Negotiable
Naresh Kumar Setti