Summary
Overview
Work History
Education
Skills
Accomplishments
Certification
Timeline
Generic

Neel Patel

Senior Buyer
Mississauga,ON

Summary

Experienced procurement professional with over 7 years of industry expertise in manufacturing and metals/materials sectors. Proficient in supplier/vendor management, cost optimization, inventory analysis, and collaborating with engineering and product development teams to achieve business objectives. Skilled in building strong partnerships and executing strategic sourcing strategies to improve operational efficiency and increase profitability.

Overview

9
9
years of professional experience
5
5
years of post-secondary education
1
1
Certification

Work History

Senior Buyer

Tsubaki of Canada Limited
07.2023 - Current
  • Understanding of various manufacturing processes, including machining and fabrication.Works closely with suppliers to target and deliver cost savings.
  • Evaluate root cause and corrective action with suppliers for late delivery and performance.
  • Work with different engineering teams to successfully launch new programs.
  • Maintain accurate files and documentation.
  • Conduct searches of technical journals to identify possible new suppliers, and market trends.
  • Performed extensive vendor and supplier research to identify cost-effective options and product availability.
  • Leveraged data-driven insights to make informed purchasing decisions that positively impacted the bottom line.
  • Collaborate with Sales team on inventory levels that are required to satisfy a customers' particular requirement and ensure product is in-house to meet forecast.
  • Provide Sales team with updated delivery information on all customer orders when notified from supplier.
  • Communicate with suppliers (primarily UST & TC) on special items (i.e. special customer orders) in order to obtain pricing quotation information.
  • Negotiate better pricing & delivery when applicable.
  • Interact with Sales team on matters relating to costs versus selling prices, availability from approved suppliers as alternative to designated supplier.
  • Interact with Freight Forwarders, providing all necessary documentation in a timely fashion as to not interrupt supply chain flow.
  • Work together on any changes, etc., that may need to be done to improve delivery.
  • Maintenance of master purchase price list on QAD/MFG Pro system for finished goods inventory items.
  • Match and file supplier confirmation documents (and other related documents) with original purchase orders.
  • Responsible for data entry and generating of purchase orders of finished product from various suppliers as required per QAD-MRP.
  • Requires the sending and retrieving of drawings and/or other Technical information.
  • MRP/Excess reports updated daily.
  • Purchase order data entry, transmission and revisions and document filing for finished product.
  • Low Inventory report of A & B items run weekly.
  • Expedite open purchase orders from individual suppliers.
  • Data entry of finished goods inventory receiving, and generating receiving records for finance & accounting purposes.
  • Achieved cost savings by implementing strategic sourcing and supplier negotiations.
  • Forecasted purchasing trends and improved merchandising strategies.
  • Conducted thorough spend analysis to identify areas for potential cost savings and efficiencies.
  • Continuing maintenance on Safety levels on all inventoried items for all Canadian Sites.

Inventory Analyst

Tsubaki of Canada Limited
07.2021 - 07.2023
  • Coordinate with purchasing, production and sales department to best suit business needs.
  • Identify the gaps in inventory handling processes and perform root cause analysis using problem solving tools such as 8D, 5Y and fishbone diagrams.
  • Follow process documentation through error proofing.
  • Responsible for maintaining and controlling the inventory accuracy and integrity through rigorous analysis and planning for utmost efficiency for three sites.
  • Develop/modify, sustain SOP and trouble shoots problems for receiving and shipping.
  • Support additional duties include to manage the chain production to suffice the business requirements.
  • Ensure the ERP systems are maintained and adhered in all three site and support with systematic (ERP Related) issues.
  • Generate daily reports of shipping and backlog, weekly reports on cycle counts.
  • Assist managers and supervisors to investigate issues related to inventory.
  • Implemented cycle counting programs that enabled faster identification of discrepancies leading to timely corrective actions.
  • Developed comprehensive reports for management review, highlighting key inventory metrics and performance indicators.
  • Assisted in reducing excess inventory by identifying slow-moving items and implementing targeted sales strategies.
  • Collaborated with cross-functional teams to ensure seamless coordination of inventory movement across departments.
  • Reduced stock discrepancies with thorough investigation of variances and prompt resolution of issues.
  • Improved inventory accuracy by conducting regular audits and implementing effective tracking systems.
  • Contributed to increased warehouse efficiency by optimizing storage layouts and introducing space-saving measures.
  • Rejected damaged items, recorded shortages and corresponded with shippers to rectify issues.

Inventory control coordinator

Multimatic Niche Vehicles North America
06.2019 - 06.2021
  • Work closely with shipping and receiving team, to ensure delivery schedules and shipping activities.
  • Prepare monthly task reports, analyze, and review with quality and production department.
  • Prepare the list of obsolete parts, scrap parts; reviewing with engineering design team and materials manager, while maintain proper inventory records in database.
  • Provide input for any improvements or changes related to work instructions; perform other related duties as assigned.
  • Member of service parts, review the requirements of service parts trough EDI on weekly basis and track the inventory through shipping team.
  • Scheduling and planning for production orders and generate picklist.
  • Preparing, organizing, and validating the quarterly and annual physical inventories.
  • Maintain and control the inventory through the daily and weekly cycle count (ABC analysis).

BUYER

Grupo Antolin India Pvt. Ltd.
07.2016 - 12.2017
  • Work closely with the project team to understand details of procurement requirements.
  • Follow up and negotiate terms with supplier such as price, quality of goods, deadlines, expectations, etc.
  • Create and implement material cost saving technique, and supplier long term agreements.
  • Identify supplier of good and services and analyze invoices to ensure accuracy of goods receipt.
  • Liaise with supplier and project managers regarding updates and details of required changes in orders.
  • Preparing documents for import-export shipments and preparing RFQ packages.
  • Create purchase orders and verified with supplier requests and orders.
  • Monitor the inventory to ensure the flows of goods remains positive in warehouse.
  • Vendor development for non-production goods.

Education

MASTER OF ENGINEERING - MECHANICAL ENGINEERING (AUTOMOTIVE OPTION)

UNIVERSITY OF WINDSOR
WINDSOR, ON
01.2018 - 05.2019

BACHELOR OF ENGINEERING - MECHANICAL ENGINEERING

GUJARAT TECHNOLOGICAL UNIVERSITRY
Gujrat, India
06.2012 - 06.2016

Skills

    Supplier management

    Procurement strategy

    Supply chain efficiency

    Skilled in supplier negotiations

    Financial cost analysis

    Lean principles

    Value engineering

    Continuous process improvements

    Team collaboration

Accomplishments

    Implement inventory management practices such as lean principles to reduce the amount of capital tied up in inventory. Track inventory turnover ratios and aim to reduce excess or obsolete stock . Lower inventory levels reduce storage costs and decrease the risk of inventory obsolescence. Set up regular inventory audits to identify slow-moving/obsolete items. Establish clear criteria for classifying inventory as obsolete. result to improve the invnetnory turn to 4 from 3.18 times and overall cost saving in 1.1 Million CAD

Certification

Crestcom L.E.A.D.R

Timeline

Crestcom L.E.A.D.R

01-2025

Senior Buyer

Tsubaki of Canada Limited
07.2023 - Current

Inventory Analyst

Tsubaki of Canada Limited
07.2021 - 07.2023

Inventory control coordinator

Multimatic Niche Vehicles North America
06.2019 - 06.2021

MASTER OF ENGINEERING - MECHANICAL ENGINEERING (AUTOMOTIVE OPTION)

UNIVERSITY OF WINDSOR
01.2018 - 05.2019

BUYER

Grupo Antolin India Pvt. Ltd.
07.2016 - 12.2017

BACHELOR OF ENGINEERING - MECHANICAL ENGINEERING

GUJARAT TECHNOLOGICAL UNIVERSITRY
06.2012 - 06.2016

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