Mihir Girishbhai Shah

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Mihir Girishbhai Shah

9, Bhaktinagar Society B/h. Ghelani Petrol Pump Nizampura, Vadodara-390002

Phone No.: 0265-2795098 Mobile: 09824319414

Email: [email protected]

Purchase, Supply Chain Management, Vendor Development, Materials Management

Preferred Industry: Auto/Auto Ancillary

Professional Snapshot:

An astute professional with over 11 years of experience in the areas of Purchase, Vendor

Development, Sourcing, People Management with hands on experience in ERP Implementation.

Resourceful in negotiating with vendors for ordered items, improving service delivery and seamless

distribution, thereby achieving cost savings for the organization. Rich experience in heading the

entire gamut of purchase activities encompassing resource planning, procurement strategy planning,

global sourcing, and finalisation of price agreements, service agreements & work orders. Proven

track record of developing alternate vendor base to achieve cost reduction, increasing revenues,

streamlining process workflow and creating a team work environment to enhance productivity

innovatively for reputed business houses. Adroit in strategically negotiating with suppliers for the

procurement of engineering, feedstock & consumable items, improving service delivery and qualityof material, seamless distribution, thereby achieving cost savings. Possess excellent communication,

leadership, negotiation, interpersonal, relationship management and analytical skills. Capacity to

work under high pressure situations, and relate to people across hierarchical levels for smooth task

execution.

Areas Of Expertise:

Sourcing/ Procurement:

Governing strategic sourcing of various items required for production in the units.

Managing overall procurement of raw materials, process-related items, and instrumentation after

budgeting.

Planning funds for procurement ensuring optimum utilization & maximum cost savings.

Supply Chain Management:


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Setting up internal warehouses to store necessary production items in order to meet production

demands.

Maintaining a strong communication chain between the different divisions in order to receive

inquiries about status of materials, requisition, dispatch information and delivery status.

Managing the schedules to procure raw material and other critical items to have optimum stocks

and required to meet production targets.

Maintaining the freight and other expenses involved in imports & exports at the lower level through

freight consolidation, and choosing appropriate shipping method and payment methods.

Ensuring smooth distribution of material right from sourcing from vendor, storage at warehouse,

disbursal to the production team and movement to the destination.

Vendor Development / Vendor Management / Networking:

Setting up a reliable and efficient global vendor base after qualifying them on pre-defined

parameters.

Entering into negotiations with vendors to procure various items/ raw materials (as per critical

engineering requisition) at reasonable rates. Ensuring vendors comply with delivery, quality and

supply norms.

Providing requisite support to them to reduce the delivery time of material. Regularly reviewing

vendor performance to renew or cancel contracts.

Developing potential vendors / suppliers for achieving cost effectiveness assessing performance of

the vendors based on their competitiveness, reaction capabilities, etc.

Creating & sustaining a dynamic environment that fosters development opportunities and

motivates high performance amongst vendors.

Purchase:

Formulating and implementing the annual strategies for purchase of materials.

Looking into the scheduling and rescheduling of supplies.

Undertaking budgeting and fund planning for procuring and sourcing of materials. Ensuring optimum

utilisation of materials and working towards achieving maximum cost savings.

Managing the overall procurement of raw material, critical items and spares & consumables for

smooth operation of plant to meet production volumes.

Ensuring prompt receipt accounting & maintaining minimum stock level.


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Materials Management/ Warehousing:

Managing inventory effectively to maintain sufficient stock levels (as per ABC analysis for inventory

management), ensuring all customer requirements are met.

Initiating and sustaining measures for improving inventory management practices and betteravailability of materials for the production process.

Working towards maintaining optimum inventory levels in the warehouse in order to cut down on

wastage and pilferage of inventory items.

Undertaking stock valuation, auditing, and reconciliation for better inventory management.

Ensuring timely and accurate receipts/ issuance management to facilitate smooth plant operations.

Logistics Operations/ Strategic Planning:

Initiating improvements in the shipment and clearance procedures. Taking measures to curtail losses

during transit.

Managing and controlling logistics budget and expenses, as well as demand planning.

Coordinating complete domestic and logistics network to minimise working capital costs through

reduced lead times, operating costs through lower freights, correct choice of transport service

provider.

Ensuring 100% compliance with all statutory issues, minimising show cause notices and non-

conformances.

Systems Implementation/ Value Engineering:

Undertaking business process re-engineering initiatives for continuous improvement by studying

existing processes, analysing requirements and customising systems for enhancing performance.

Instituting cost control measures & improving efficiency by implementing effective systems,

implementing Value Engineering and controlling rejection levels.

Supporting the implementation of international standards like quality standards TS 16949, ISO

9001:2000), EHS (ISO 14001, OHSAS-18001, SA-8000-Confirm), and 5-S.

Facilitating process automation through the implementation of ERP packages.

Organizational Details:

Apr 06 to till date as Deputy General Manager-Purchase / Vendor Development /Imports At BancoProducts India Ltd., Vadodara


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Major Attainments:

Heading procurement activities for materials worth Rs. 300 Crores including Radiator Parts/Gasket

Parts/Raw materials-Both Domestic and Imports

Distinguished efforts towards developing & streamlining Casting Dies, Plastic Moulds and Sheet

Metal Tools with low price, lead time & high quality standards which led to saving of 30% on an

annual basis.

Pioneer in taking initiatives towards vendor selection, vendor analysis policy, vendor capacity

analysis, vendor up gradation plan, vendor appraisal & audit plans, pert charts for project.

Sourcing Globally for both Indian and European plants of Banco from all global suppliers .

Developing suppliers Globally for radiators and gaskets raw materials and parts and visiting andevaluating them as per global standards and introducing them by way of validations as per company

policies.

Making hedging of imported raw materials for exchange rate risks.

Developed alternate sources for critical items with 25 % cheaper price to support organizational

business plans.

Created benchmarking of competitors parts to develop quality standards of new projects of

company.

Executed the role of Costing Head for all moulds and components along with job work. Devised

costing standards based on industry standards and customized according to company level data.

Merit of having taken initiatives towards fabricating & sand casting tanks for aluminium in less than

1 week till GDC and PDC dies were developed.

Researched and developed import substitutes for bars, Radiator Tanks, Aluminium Sheets and Foils

like Durzinklite Material instead of CRCA with Surface Treatment, Injection and Vacuum formed

parts instead of FRP, Gravity Dies instead of Sand Casting, Plastic Moulds instead of Brass parts.

Received award for best department in organization for Crisis Management of 2006, Kaizan andValue Engineering Award for alternative material.

Distinction of having achieved cost reduction of sales by 2.75 % & increased number of ISO Suppliers

to 90%.

Reduced lead time reduction by 30% & alternate sources 10%

Sep 03 to Mar 06 as ManagerMaterials At Standard Radiators Pvt. Ltd., Vadodara


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Major Attainments:

Efficiently managed procurement of materials worth Rs. 20 Crores

Essayed a stellar role in initiating Imports of Aluminium and Brass Foils, Sheets, Tubes, Bars, etc. to

ensure high quality materials, low rates and rate reduction by adding more import suppliers indifferent countries.

Distinction of having developed a vendor scheduling system for OEM & replacement items

separately inline with high and low volume and to support low batches.

Drove initiatives towards development of Aluminium Castings, Extrusion, Forming, Fabrication and

Machining parts to support new plant of company to replace copper brass radiators.

Successfully led time and consumption analysis project to study behaviour of the same & fluctuation

of the same to formulate min, max and safety stock of each item.

Instrumental in implementing JIT / Kanbaan system by fixing the packing of loose parts, vendor

managed inventory, etc.

Functioned as UNIDO Head for achieving targets for SMED, 3C and ITR implementation.

Distinguished efforts towards saving worth Rs. 80 Lakhs through second source in brass parts, Cut

lengths for sheet metal parts to reduce scrap, alternative material, etc.

Devised and implemented policy for purchase price inline with volume of business to get rate

advantage of high volume to offset higher prices during development time.

Jul 03 to Aug 03 as Assistant ManagerMaterials At Bil Metal Industries, Vadodara

Major Attainments:

Spearheaded procurement worth Rs. 15 Crores for Machines spares, Consumable, Engineering Parts.

Pivotal in taking initiatives towards planning & control, payment crisis management, vendor

development in Turned, Forged and Job Work Parts, Die Development, Capital Items and Spares.

Aug 00 to Jun 03 as Executive-Purchase At Vijayjyot Seats (P) Ltd., Halol

Major Attainments:

Merit of having procured materials worth Rs. 15 Crores.


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Pivotal in reducing the lead time for procurement by way of SMED and vendor managed inventory

on basis of 3 month, 6 month and yearly average.

Formulated the MRP system to match with organizational requirement.

Accredited with the Best Purchaser of the Year 2003 Award.

Materials Purview:

Sheet Metal Components

Castings

Terne Sheet

Aluminium Fabrication

Plastic

Copper

Fasteners

Extrusions

Brass Foils

Sheet Metal Fabrication

Bend Pipes

Aluminium

Plastic Components

Pipes

Sheet Metal Shrouds

Imports

CRCA Sheet Brass

Turned and Forged Parts

Trainings Attended:


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ISO-TS Auditor Course

Best Casting Practices

PPAP

Scholastics:

MS FinanceCFA from ICFAI, 2008

MBA (Materials Management) from IIMM, 2006

B. E. (Mechanical) from Birla Vishwakarma Mahavidyalaya, Sardar Patel University, 2000

IT Forte:

Expertise in AutoCAD 2000 with Autolisp, C, C++, MS Office & SAP.

Personal Dossier:

Date of Birth: 18th January 1979

Language Known:

English, Hindi & Gujarati

Documents

Mihir Girishbhai Shah