Naresh Kumar SettiNaresh Kumar Setti
E- Mail: Contact:
 Naresh Kumar Setti is M...
Noteworthy Accomplishments:
 Converted 7240 number of items into ARC with saving of Rs. 2.42 Crs as compare to last purch...
Sl.No Project Title Techniques and Tools used
1 Created commodity profile ...
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Naresh Setti (2)

Published on: Mar 3, 2016

Transcripts - Naresh Setti (2)

  • 1. Naresh Kumar SettiNaresh Kumar Setti E- Mail: Contact: 09771441699 Apercu  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 Proficiency Forte  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. Employment Recital Tata Motors Limited, Jamshedpur Manager Operational/capex Procurement Nov ’11 – Till Date Accountabilities:  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 purchase department.  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
  • 2. Noteworthy Accomplishments:  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 June’08–Nov’11 Accountabilities:  Procurement of material (Imported as well as Domestic) utilizing the ERP application (SAP MM & mySAP- SRM).  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 timeline.  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 areas.  Conducting online RA (Reverse Auction) with the hands on experience in live auction and bidding engine tools.  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. Noteworthy Accomplishments:  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.
  • 3. 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 2 To reduce the procurement cycle for desktop and min-max items DMAIC (Six Sigma), MRP (Inventory Management) 3 Standardization of oil and lubricants Standardization 4 To find the Effect of Alumina on Blast furnace productivity 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 10th 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% Personal Vitae Date of Birth : 01st June, 1984 Permanent Address : Ampavalli (Vill & PO), Balijipeta (Mandal), Vizianagaram (Dt) - 535557, Andhra Pradesh. Present Address : Flat No: 3321, IXIA Block, Vijaya Gardens, Near Mercy Hospital, Baridih, Jamshedpur – 831017. Current CTC: Rs 10.50 Lakhs (Fixed) and Rs 1.50 Lakhs (Variable Pay) Expected CTC: Negotiable Naresh Kumar Setti

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