Summary
Overview
Work History
Education
Skills
Accomplishments
Languages
Timeline
Generic

Aniket Yeddeloo

Nagpur

Summary

Dynamic Senior Procurement Specialist with a proven track record at Ikon Remedies Private Limited, excelling in vendor management and contract negotiation. Leveraged advanced Excel skills to enhance procurement operations, achieving significant cost reductions. Renowned for fostering collaborative relationships and driving successful inventory control strategies, resulting in improved supplier satisfaction and operational efficiency.

Overview

17
17
years of professional experience

Work History

Senior Procurement Specialist

Ikon Remedies Private Limited
Nagpur
01.2015 - 03.2025
  • Analyzed and assessed new and existing vendors to evaluate product suitability and negotiate contracts and pricing
  • Built relationships with vendors to negotiate ideal terms for purchases.
  • Developed and maintained relationships with key suppliers for smooth communication, and to meet required expectations.
  • Executed in-season pricing strategies, promotions and markdowns to reach financial targets.
  • Oversaw the setup process for new item specifications and new vendor profiles in the procurement system.
  • Identified new and more cost-effective suppliers through participation in industry networking events, purchasing advantageous packages and cutting costs.
  • Worked with departments across the company, including marketing in developing new ideas, initiatives, products, and services.
  • Prioritized important customers by reviewing logistics and handling shortages, delivery schedules and office functions.
  • Maintained current understanding of pricing structures, market conditions and trends in industry.
  • Made valuable contributions to pricing and inventory levels, enhancing inventory flow, revenue and profits.
  • Increased supplier’s satisfaction by resolving issues.
  • Oversaw inventory control, accounting, and supply reports.
  • Worked with different suppliers to understand their needs and provide excellent service.
  • Performed yearly store audits in collaboration with managers and sales associates to provide feedback.

Procurement Executive

Ikon Remedies Private Limited
Nagpur
01.2015 - 01.2020
  • Raising Purchase Orders.
  • Handling Vendors and taking regular follow-ups with Vendors for Goods and Packing Materials.
  • Utilized procurement tools to manage quote process, invoicing, order entry and receiving.
  • Invoice matching with the Goods Receipt Note (GRN) and Purchase Orders.
  • Taking necessary entries of invoices in the software and their respective ledgers.
  • Doing Accounting entries related to Purchase.
  • Maintaining the records of Purchase and Payments in Internal Software.
  • Input, analyzed and reported on data covering all aspects of procurement operations.
  • Generated weekly, monthly, quarterly and yearly reports on purchasing operations.
  • Learned new skills and applied to daily tasks to improve efficiency and productivity.
  • Reviewed and issued contracts and blanket purchase orders after choosing ideal vendor and drive procurement process.
  • Actively listened to suppliers, handled concerns quickly and escalated major issues to supervisor.
  • Vendor Management with Product forecasting in advanced Excel.
  • Handling all the vendors for Negotiations and Terms.

Administrative & Export Head

Phoenix Corporation
Nagpur
05.2013 - 12.2014
  • Allocated responsibilities and managed team of office clerks.
  • Enhanced organizational systems for payment collections, accounts payable/accounts receivable, deposits, and recordkeeping.
  • Streamlined office functions by automating client correspondence, record management, and data communications.

Export Head

Phoenix Corporation
Nagpur
05.2013 - 12.2014
  • Establishing connections between buyers and suppliers (International & National) through online market portals and internal links
  • Vendor Management.
  • Managing negotiations with buyers and suppliers for procurement of goods.
  • Compiled purchase orders to post international shipments in company logs.
  • Optimized CRM database system by implementing Exporter.
  • Consulted with suppliers and agents to arrange proper in-transit permissions to ship to various locations.
  • Transportation Management.
  • Safeguarded cargo to prevent loss, damage, or pilferage.
  • Recorded and integrated stock into inventory management system.
  • Executing payment transactions for vendors

Finance Executive

Sharma Abhyanker Legal Services LLP (LegalForce)
Nagpur
05.2011 - 05.2013
  • Provide quotations to clients and manage correspondence. (International & National)
  • Issuing payment requests to clients utilizing PayPal and Google Checkout
  • Processing client card transactions and dispatching invoices. (International & National)
  • Performing consistent follow-ups regarding client payments.
  • Client engagement and query resolution. (International & National)
  • Oversee and refresh amount receipts from clients in CRM.
  • Oversee bank transaction processes
  • Voucher processing and recording in Tally.
  • Compiling MIS reports for salary and expense analysis.
  • Taxation Services.
  • Organize and preserve records and files.
  • HR operational responsibilities.

Accounts Assistant

M/s S.K. Banerjee
Nagpur
06.2008 - 07.2009
  • Streamlined processing of payments and related documents such as invoices, journal vouchers, employee reimbursements, and statements.
  • Evaluated general ledger entries to strengthen accuracy, eliminate major errors, and uncover adjustments needed.
  • Coordinated client referrals to designated accountants, processed incoming calls, and replied to office emails for superior customer service.
  • Addressed and reconciled client disputes regarding outstanding invoices, payments, and adjustments.
  • Managed administrative and clerical responsibilities encompassing word processing, data entry, faxing, and copying.
  • Engaged consistently with customers to address account inquiries and concerns.
  • Streamlined file organization by ensuring accounts payable records remain current.
  • Compiled itemized statements, bills, or invoices and logged amounts due for items purchased or services rendered.
  • Prepared and transmitted invoices to customers, handled payment processing and maintained account records.
  • Leveraged accounting software to generate weekly and monthly financial reports.
  • Tracked status of payables to ensure timely processing.
  • Utilized appropriate coding for invoices, files, and receipts to maintain organized and easily accessible records.
  • Oversaw daily bookkeeping operations emphasizing accounts receivable, accounts payable, banking reconciliation, and disbursements.

Education

MBA -

Welingkar Institute of Management
Mumbai, MH
07.2020

Bachelor of Commerce -

Nagpur University
Nagpur, MH
06.2008

Skills

  • Communication skills
  • Advanced Excel with Macros
  • Collaborative teamwork
  • Vendor management
  • Contract negotiation
  • Inventory control
  • Cost reduction
  • Data analysis
  • Purchase order processing
  • Logistics coordination
  • Problem solving
  • Price negotiation
  • Price dispute resolution
  • Supplier negotiation
  • Demand forecasting
  • Account Management
  • Product Management
  • Vendor negotiation
  • Quality assurance

Accomplishments

    Received appreciation from the management for achieving the best negotiations with vendors for FY 2019-20

Languages

  • English
  • Hindi

Timeline

Senior Procurement Specialist

Ikon Remedies Private Limited
01.2015 - 03.2025

Procurement Executive

Ikon Remedies Private Limited
01.2015 - 01.2020

Administrative & Export Head

Phoenix Corporation
05.2013 - 12.2014

Export Head

Phoenix Corporation
05.2013 - 12.2014

Finance Executive

Sharma Abhyanker Legal Services LLP (LegalForce)
05.2011 - 05.2013

Accounts Assistant

M/s S.K. Banerjee
06.2008 - 07.2009

MBA -

Welingkar Institute of Management

Bachelor of Commerce -

Nagpur University

Similar Profiles

CREATE PROFILE
Aniket Yeddeloo