Lavanya YN

Email: lavanyareddy.yn@gmail.com Mobile: +91 9505874748

Career Objective

To work in a dynamic environment which can fuel my professional growth & give me challenging tasks where I can enhance my skills & potential to my best and exploit them to create new avenues in the welfare of the organization.

Academic Profile

M.B.A: Passed M.B.A in HR from Sri Venkateswara College of Computer Sciences, (SVU) with 75%.

B.COM (Computers): Passed B.COM (Computers) from C.N.R Arts & Science Degree College (SVU) with 77%.

Professional Experience

4.2 years of experience in Procurement, Service contracts, Purchase Orders, Vendor Negotiations, Vendor management, Vendor performance evaluation, MIS reporting, Supplier performance evaluation, Contract Management & Reporting etc.

Organization:Cognizant Technology Solutions India Private Ltd.Duration: Sep 12th 2011 to till date.Designation: Jr. Executive-Procurement

Responsibilities:-

Major responsibilities includes both sourcing as well as operations

Procurement Skills

A competent professional with 4 years of experience in Material Procurement ( Capex & Opex) , Sourcing , Contract negotiations /finalizations, planning & vendor development

Manages Vendor assessment, Vendor selection & Vendor empanelment Administers purchasing process and contracts for vendor performance/Compliance

within established procedures ( e.g. Prepare specifications ,call for quotes, receive quotes, finalize commercials ,recommended vendors for award of PO/WO/Contract)

Manages contracts Viz. AMCs, Service Contracts, Rate contracts etc for PAN INdia Worked as a key member in the Procurement Function with respect HR & Outreach

functions Review Vendor’s performance and take corrective actions to ensure timeliness &

quality of supplies

Maintain alternative sources of supply in case of non-performance of existing vendors

Following up with vendors for obtaining timely procurement of materials at favourable terms to ensure smooth execution of Projects

Possess good interpersonal ,negotiation,movitational ,problem-solving & cost control skills

Developing long-term partnership suppliers,negoatiating rate contracts & managing day-to-day supplier performance to ensure meeting of service,cost,delivery and quality norms

Co-ordinate meetings with various Supplier groups to ensure a smooth relationship with them.

Vendor Management

Steering strategic sourcing through identification of cost-effective vendors for procurement with aim of reducing cost while improving quality & reliability

Assessing performance of the vendors based on various criterions such as percentage for rejections, quality improvement rate, timely delivery ,credit terms etc

Negotiating the terms of credit with vendors as well as the cost of material /service required and preparing work orders ,payment schedules etc . so as ensure smooth flow of inventory

Operational Activities:

Purchase Orders

Tools – PEOPLESOFT & ARIBA

Preparing Purchase orders by capturing all the details including quantity, price, taxes, delivery lines, payment terms etc.

Specifying the terms & conditions related to the transactions Sharing the draft Po’s with the vendors for their confirmation Following up with the vendors on delivery by releasing the approved POs. Following up with the finance on the payment Preparing bulk and blanket Purchase Orders as per financial delegation of authority

Vendor Registrations

Approaching the senior management with proper justification for new vendor registrations and registering the vendor in PeopleSoft

Activating /deactivating/delisting the vendors in PeopleSoft based on the requirements.

Updating the bank details, email addresses, contact details in PeopleSoft Involved in the creation of item category Mapping the vendors to the specific locations

Contract Management

Agreement Renewal tasks & reviewing for opportunities for negotiations to be done during renewal

Negotiating contractual terms regarding quantity, price, delivery, quality, freight routings, and other standard or special contract terms

Uploading all contracts in the tool

Monthly Reports

Savings report - Collating all the savings from the team members across all the locations and presenting in the form of a report to the senior management

Supplier Performance Evaluation Participating in MONTHLY Vendor evaluation analysis – Measure and Report Supplier Performance on PAN India basis

MIS & Other Reporting – Involved in various MIS & other reporting activities Daily Reporting –Involved in sharing all other reports like Pending Purchase

Requisition report, Purchase Order Report, Goods Receipt Report & other reports to all the stake holders and approvers on daily basis

Personal Details

Father’s Name : Y.N. Bhaskar Reddy

Address : Opp. Andhra Bank, L.B.S. Road, Piler

Date of Birth : 4th June 1987

Marital status : Married

Gender : Female

Nationality : Indian

Hobbies : Surfing, Listening to music

Declaration

I hereby declare that the information furnished above is true to the best of my knowledge & belief.

Location: HyderabadDate: (LAVANYA Y.N)