Lavanya YN
Email: [email protected] 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)
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