Sanjay Nair

Commodity Manager

Tulsa Winch Group

09.2019 - Current

Arranged for payment and maintained records of bids, orders and financial transactions.
Worked with over 200 domestic and international suppliers to obtain Castings, Forgings, Machined parts & Hydraulic components.
Enhanced supplier relationships through regular communication, performance evaluations, and collaborative problem-solving initiatives, Quarterly, Semi Annually & Annual Business Review meeting's
Reduced inventory costs and increased inventory turnover rates by implementing Kanban, VMI & consignment programs.
Used BI tool to track, assess & create strategies for SIOP, Forecast, Inventory, Customer shipments, Revenues.
Increased supply chain efficiency by implementing strategic sourcing and procurement processes.
Negotiated favorable payment terms with suppliers, improving the company''s cash flow position while maintaining strong supplier relationships.
Played an instrumental role in achieving annual cost reduction targets through focused commodity management strategies.
Collaborated with suppliers and internal stakeholders to accomplish and outperform objectives.
Championed sustainable sourcing initiatives throughout the organization, leading efforts towards responsible procurement practices that reduce environmental impact while maintaining profitability goals.
Identified, researched and assessed quality of potential vendors.
Spearheaded efforts to diversify the supplier base, reducing dependency on single-source suppliers for critical commodities.
Streamlined purchasing procedures by integrating new technology tools and software into daily operations.
Established long-term contracts with key suppliers to secure pricing stability and reliable product availability.
Leveraged strong analytical skills to identify opportunities for cost savings within the commodity management process, driving bottom-line improvements and increased shareholder value.
Developed risk mitigation strategies for potential supply disruptions, safeguarding company operations and profit margins.
Managed a diverse portfolio of commodities, ensuring timely procurement and delivery to production facilities.
Monitored inventory levels and avoided shortages with timely replenishment of stock.
Negotiated pricing and terms with vendors to secure best value for company.
Reviewed and approved purchase orders and invoices for accuracy and completeness.
Cultivated strong relationships with vendors to maintain and improve levels of customer service.
Generated reports on purchasing activities to support management decisions.
Developed and tracked metrics to measure supplier performance and cost savings.
Researched and evaluated potential suppliers to determine best fits for company needs and to identify cost savings opportunities.
Collaborated with cross-functional teams to align commodity management strategies with overall business goals and objectives.