Hemant Dewangan

• SUMMARY

Supply chain professional with extensive 31+ months of experience, Currently working as procurement head for a leading industrial gear manufacturer, Elecon Engineering. Proven abilities in strategic sourcing, general purchasing, materials management and mechanical product purchasing and staff management. Personal integrity, creative and profitable approaches to problem solving, conducting skillful negotiations, developing strong teams, and establishing outstanding relationship with suppliers and internal customers.

Work experience highlights:

  • Spearheaded engineer-to-order division procurement & developed procurement strategy for new development
  • Managed special project for INDIAN NAVY of Marine Gear Box (Pipavav Port)
  • Lead, multi-functional teams working with SBU’s in the development, execution for strategic procurement
  • Successfully managed sourcing of strategic products: Planetary, VRM, Marine, EON Gear Boxes
  • Implementation of world class systems : TPM, ASCP, e-procurement, Wind chill PLM integration
  • Alumnus, NITIE-Mumbai, renowned as one of 15 center of excellence & one of Top 5 B-school in SCM
  • Proficient in managing & leading teams for running successful process operations & experience of developing procedures, service standards for business excellence
  • The industry experience is backed by best-in-class academic grounding

Job Functions include:

  • Responsible for managing the organization's purchasing system including a comprehensive PO (Purchase Order) management and inventory system.
  • Reviews material needs of the organization and maintains contact with vendor and sales representatives to obtain the most favorable price for products that meet the organization's specifications.
  • Analyzes market and delivery conditions to determine present and future material availability and prepares reports for management relating to lead times for planning purposes.
  • Proficiency in formulating sourcing strategies, handling vendor identification / development

Objective

To obtain a challenging position that will allow for growth and a chance to use and contribute my education in the field of purchasing /supply chain management and become a supply chain expert & finally to become a leader in the field of purchasing/supply chain.

Education

Education

Work History

Work History
Dec 2014 - Present

Category Purchase Head ( Bought out items)

Elecon Engineering Company Limited
  • Handling a team of 8 expertise buyer
  • Successfully handling volume of more than 1 Lakh line items & value wise 150 Cr +
  • Developed strategic sourcing for critical items resulting cost saving & excellent deliveries
  • Implementation of world class purchasing procedure by using advanced supply chain module
May 2012 - Nov 2014

Purchase Head, Engineering Product Division

ELECON ENGINEERING
  •  Developed and managed procurement department by setting KPI’s and monitoring performance
  •  Established and delivered procurement strategy to achieve target benefits & financial savings
  •   Responsible for setting targets for annual cost savings & to decide procurement budget with SBU’s
  •   Managed financial tools like: Vendor financing, LC, vendor credit scheme, ABG/PBG, NDA ( Legal)
  •   Analyzed critical supplies & re framed sourcing strategy though supplier evaluation
  •   Leaded outsourcing team for critical components & formulated strategy for long term
  •   Maintained supplier relationship to deliver breakthrough performance in Cost, Quality & service
  •   Initiated continuous review policy using ASCP for re-ordering of  fast moving items automatically
  •   Monitoring report of Spend analysis, savings secured & potential savings for forecasted budget
  •   Re framed procurement strategy & minimized inventory using CFSNVED analysis
  •   Management of material Supply, Demand, Supplier Payment, material receipt, budget
  •   Responsible for analysis of purchase requisition : A & B class items and assign to concerned buyer
  •   Negotiation of price, terms, quality, delivery, service of new products with suppliers
  •   Establish terms, price, quality requirements, delivery, service for rate contract items
  •   Implemented outsourcing strategy for non-core activities resulting cost saving & faster deliveries
  •   Lead, procurement for export orders, managed supply chain for Radicon gear boxes
  •   Management of import procurement & global sourcing for marine gear box
  •   Controlled cost and beat inflation affect by exploring sustainable cost reduction opportunities
  •   SPOC, projects & improvements for procurement function in group of companies
  •  Managing, developing and improving procurement team

Procurement, Marine Gear box

R&D Purchase, New Product development

Procurement Category

New Product Development

  • Strategic & technical analysis of New product to optimize supply base
  • Implemented “White-Box” Integration approach to achieve best price, quality, delivery & service
  • Optimized supplier base for timely delivery of items at right price & right quality
  • Successfully developed EON Series Gearboxes which results turnover to the tune of INR 80 Crore
  • Cost reduction value INR 2 Lakhs in development stage results annually saving of INR 2 Million
  • Successfully developed  1576 components and 645 patterns for EON series catalogue

E- Procurement

  • Integration of purchase activities through web portal with suppliers
  • Reduced: Paper work, cycle time, errors, duplication, bottlenecks, waste etc.
  • Increased: Control, compliance, speed, visibility, accountability, impact etc.

Value Engineering & Value Analysis (VAVE)

    • Systematic analysis of BOM-Planetary gear box to optimize cost w.r.t function
    • Improved resource efficiency, Reduced procurement & operational cost
    • Successfully completed project in stipulated timeline, Cost savings of INR 50 Lakhs annually

    Standardization

    • Consumption analysis of each items and implemented simplification & variety control technique
    • Introduced kaizens for existing standards, implemented variety reduction, interchangeability
    • Ongoing project: Reduced design, procurement & inventory cost by INR 10 Lakhs annually

    Total Productive Maintenance (TPM Implementation)

    • KK Pillar: Identified major losses & implemented kaizens to improve OEE using Pareto, RCA, Lean
    • DM Pillar: Analyzed Project strategies, design lead time, implemented 4-DR to reduce losses
    • QM Pillar: Identified defects, developed defect matrix of process & equipment used Pareto & RCA
    • Office TPM: Implemented 5s in office area, Analysis for Lead time & Inventory Reduction
    • Improved OEE by reducing losses, Increased ROQ by decreasing defects and rework
    • Best Kaizen Award on Cost reduction in procurement items

    Vendor Development

    • Identified items for Vendor development by analyzing existing practices/material/technology
    • Improved existing vendor performance & capabilities, introduced new potential vendors
    • Increased customer satisfaction by improving supplier performance (Cost, Delivery, Quality)
    • Improved average vendor rating level by 18%, Introduced 15 new suppliers

    Supplier Quality Improvement Program (SQIP)

    • Identified key suppliers, implemented seven QC tools by analyzing losses
    • Decreased Cost of quality of major suppliers, Improved quality and delivery
    • Implemented DOL approach for 5 key suppliers, annual cost savings of INR 12 lakhs

    Oracle ASCP Implementation

    • Defined sourcing rules w.r.t. demand vs inventory using CFSMVED analysis
    • Reduced planning cycle time, comprehensive supply planning, maximized planner productivity
    • Reduced inventory by INR 22 Cr, increased responsiveness in dynamic situation

    Cost Reduction

    • Delineate structured steps of cost reduction by VAVE, substitution, vendor selection, negotiation
    • Reduced cost by in misc. items using VAVE, substitution, vendor selection & negotiation
    • Savings by cost reduction to the tune of INR 20 Cr from multiple project implementation

    PLM Wind chill Integration

    • As-is & To-be analysis of business process of an engineered product division
    • Improved business process efficiency resulting into decreased NPD cycle time
    • Reduced development cycle time by 30%, decreased inventory by 12% by substitution

    Learnings:: Oracle – ERP System

    • Utilized advanced procurement tool minimizes spending and streamline procurement process
    • Integrated Oracle system with procurement master plan for close monitoring of items
    • Reduced monitoring time & cost, increased KPI rating using procurement master plan

    Implementation of Lean Principles in Assembly Line at BEHR INDIA

    Process Improvement

    • Real Time Data Collection by using Work Measurement Technique (MOST®)
    • Process Mapping of the Assembly Line using Value Stream Mapping (VSM)
    • As- Is & To-Be Analysis and Root Cause Identification for Bottleneck Operation
    • Reduced Cycle Time & Increased Machine Utilization by using Line Balancing
    • Improved Throughput rate by removing Non – Value Adding Activities
    • Increased Productivity by 32% in Tata Safari, X-over Assembly Line

    Inventory Control

    • JIT Approach by designing Kanban Pull System and repackaging of Class C Items
    • Build Work Cells (Cellular Layout) for families of product using Group Technology
    • Removal of In-Plant Inventory by delivering in Small Lots & Reduction in R.M. Inventory
    • Reduction in WIP Inventory, Waiting time & Improvement in Throughput time
    • Reduced Inventory to the tune of INR 85.11 Lakhs in Assembly Line

    Quality Improvement

    • Problem Selection using Pareto Analysis of Downtime and Defects
    • Identified Quality Issues for various factors by performing Cause & Effect Analysis of defect
    • Decreased Quality Rejection, Rework and Scrap by 28%
    • Overall Productivity Improvement of 22% using Process, Inventory, Quality Improvement

    ACADEMIC PROJECTS

    Maharashtra Metal Works Pvt. Ltd.

    Title: Productivity Improvement of the CAN Manufacturing Process

    Achievement: Profit of INR 5.97 Lakhs per Month by Process Improvement

    NITIE: Capstone Project

    Retail Supply Chain Management

    Skills

    Skills
    8
    Vendor Development
    • Identifying & developing potential vendors / suppliers for achieving cost effectiveness; assessing performance of the vendors based on their competitiveness, production capabilities, etc. • Following-up with vendors for timely deliveries, release schedules, quality checks & ensuring timely payments to vendors
    10
    Supply Chain Management
    • Managing supply chain for achievement of targets within specified parameters; Streamlining the system and procedures for effective inventory control for ensuring ready availability of products/materials to meet the project targets
    8
    Sourcing & Purchase Operations Management
    • Handling budgeting & planning the funds for procurement & sourcing of materials, ensuring optimum utilization of raw materials, maximum cost savings and meeting anticipatory orders • Ensuring the quality system adherence, SOP adherence, training of people, etc.; procuring material related to consumables as well as production materials, locally as well as globally

    CORE COMPETENCIES

    • Dynamic highly professional procurement manager with excellent track record in developing and implementing procurement strategy is in tune with business needs, reduces cost and increases efficiency and performance
    • Exceptional analytical, qualitative and quantitative skills with the ability to implement cost saving improvements
    • Superb time management, problem solving and troubleshooting skills with the ability to prioritize assignments and manage multiple projects simultaneously; very efficient in working independently and in team environment
    • Excellent leadership, communication and interpersonal skill; ability to build rapport with key stake holders and succeeded in high pressure, challenging and deadline driven environments
    • Supply chain Excellence: Ensured sustained results in the area of cost, quality, delivery, system & performance, set the objectives for supply chain team and ensured that team achieves KPIs effectively and efficiently
    • Team/People Management: Set the directions, align and motivate team members to achieve functional/organizational goals and objectives, managed various team members professional, personal and social development through individual development plan, performance appraisal and mentoring
    • Relationship Management: Developed and leveraged a network of clients to accomplish business objective
    • Strategic Initiatives: Developed and deployed strategies by leading innovation, collaboration and lead generation

    Personal Attributes

    • An effective communicator with exceptional relationship management skills with ability to relate to people at any level of business

    LEADERSHIP & POSITIONS OF RESPONSIBILITY

    Treasurer, PGDIE Class of 2012, NITIE

    • Managed the Funds to the tune of INR 2 Million
    • Formulation of Financial Policies and Procedure for the Batch

    Executive Committee Member, Student In Free Enterprise (SIFE), NITIE

    • Strategic Development of Project Ojaswini for Women Empowerment
    • Implementation of Self Sustainable Business Model by forming Self-Help Group (SHG)

    Ardent Member, Team Coordination, NITIE

    • Strategy Formulation, Project Management, Team Selection Process, Execution of all Events in NITIE

    Core Member, Nitie Marketing Group (NMG), NITIE

    • Actively Coordinated with NGO Navkriti and Organized Annual Socio Marketing Event ’MAHAMANDI-2011
    • Organizing Member of Shanti Eva Jayate, A National campaign for Marketing Gandhian Literature

     Achievements

    Co-curricular

    • 2nd Prize in Best B-Plan Strategy Competition organized by SIFE
    • Represented College in Seminar on Renewable Energy Resources for Industry at IEI
    • Appreciated as the Best Engineering Project in Department of Mechanical Engineering

    Extra-curricular

    • Chief Coordinator, Hospitality Management, Lakshya ’10 An Annual Corporate Cynosure
    • 1st Prize in SIFE World Cup Competition for Social Entrepreneurship Project