RAKHI YADAV
Mumbai
Summary
Procurement and Sourcing Specialist with 6 years of experience in acquiring raw materials to support production. Expertise in negotiating favorable pricing with vendors while ensuring quality and timely delivery. Skilled in building and maintaining strong vendor relationships and exploring new sourcing opportunities to meet evolving business needs. Proven experience in onboarding suppliers and ensuring compliance with strict quality standards. Adept at resolving order and billing discrepancies in collaboration with accounting teams. Focused on optimizing procurement processes, driving cost efficiencies, and streamlining operations while maintaining high-quality standards. Committed to continuous improvement and delivering optimal results in sourcing and procurement.
Overview
6
6
years of professional experience
Work History
Senior Executive - Procurement
Piramal Pharma Solutions
10.2023 - Current
- Actively participated in Sales and Operations Planning (S&OP) to ensure the timely sharing of forecasts and Purchase Orders (POs) with Third-Party Manufacturers (TPM), aligning supply and demand efficiently.
- Ensured on-time procurement of Finished Goods from TPM, meeting market demands and minimizing delays.
- Collaborated closely with the CQA team to ensure compliance with industry standards and the timely release of Finished Goods, maintaining product quality and safety.
- Worked with the Distribution Planner to optimize operations, ensuring efficient distribution and meeting customer delivery deadlines.
- Developed a strong network of Tier-2 Suppliers for Key Active Pharmaceutical Ingredients (APIs) and Packaging Materials (PM) to support TPM operations, enhancing supply chain resilience.
- Actively engaged with suppliers to drive cost efficiencies, fostering strong relationships and ensuring value-driven procurement.
- Managed imports of finished goods, coordinating with Custom House Agents (CHA) for timely customs clearances, ensuring compliance with regulations.
- Ensured budgeted projections were met, achieving favorable price variances and cost savings across procurement activities.
- Negotiated and finalized procurement prices with TPMs, driving cost efficiencies and aligning with the company’s financial goals.
- Achieved substantial savings across key brands, driving cost efficiencies through strategic sourcing and process improvements.
- The brand savings were as follows: Polycrol saved 21 lakhs from AVD for RM, Caladryl saved 30 lakhs from the alternate site, and an additional 20 lakhs was saved from AVD of RM.
- Established team priorities, maintained schedules, and monitored performance, ensuring alignment with organizational goals.
- Negotiated high-value contracts with new clients, significantly increasing revenue and expanding market presence.
- Streamlined operations to increase efficiency by identifying bottlenecks in sales processes and implementing targeted solutions to improve overall performance.
Assistant Manager Supply Chain
MCaffeine
02.2022 - 10.2023
- Negotiate competitive rates with vendors while ensuring quality and timely delivery.
- Build and maintain strong vendor relationships, seeking new suppliers when needed.
- Facilitate supplier onboarding and ensure compliance with quality standards.
- Resolve order and billing discrepancies in collaboration with accounting and vendors.
- Manage returned purchase items and coordinate inventory returns with vendors.
- Monitor open purchase orders for timely delivery and closure.
- Oversee all costs related to shipping, clearance, storage, and deliveries.
- Collaborate with Manufacturing on the receipt and stocking of raw materials.
- Explore new raw material vendors for upcoming product launches.
- Verify accuracy of purchase orders and maintain comprehensive PO documentation.
Sr QA Executive
Wiggles India
09.2019 - 02.2022
- Drafted and oversaw the implementation of Quality Agreements with service providers and vendors to maintain product standards.
- Supervised sampling procedures and ensured accurate recording and reporting of quality data.
- Monitored the internal and external quality of packaging materials and finished goods to ensure consistency and regulatory compliance.
- Managed procurement of raw and packaging materials to align with business needs.
- Implemented and monitored internal controls, safety protocols, and quality measures across all production stages.
- Conducted studies and adopted innovative methods to enhance product quality.
- Developed and reviewed SOPs for R&D and Quality Control processes to ensure best practice adherence.
Education
MBA - Supply Chain Management
Manipal University
Jaipur, India05-2026
Master of Science - Food Science
ITM University
Gwalior, India07-2019
B.Sc - Chemistry
Birla College
01.2017
Skills
- Purchase Operations
- Procurement Planning
- Purchase Planning
- SAP
- Forecasting
- Supply Chain Operations
- Variance Analysis
- Costing
- Vendor Development
- Material Procurement
- Purchase
- Procurement Operations
- Purchase Management
- Price Negotiation
- Growth planning
- Memoranda writing
Timeline
Senior Executive - Procurement
Piramal Pharma Solutions
10.2023 - Current
Assistant Manager Supply Chain
MCaffeine
02.2022 - 10.2023
Sr QA Executive
Wiggles India
09.2019 - 02.2022
MBA - Supply Chain Management
Manipal University
Master of Science - Food Science
ITM University
B.Sc - Chemistry
Birla College
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