Bharat Kumar Puppala
HYDERABAD
Summary
Strategic Sourcing Specialist with solid 15+ years background in driving and coordinating sourcing efforts for material and service procurement. Focuses on cost savings and supplier development to support pre-procurement strategy and supply agreement negotiation. Collaborates with internal business units and supply chain stakeholders to achieve business goals.
Strategic sourcing professional with deep experience in procurement, supplier management, and cost optimization. Strong focus on team collaboration and achieving results, adaptable to changing needs. Known for strategic thinking, negotiation skills, and effective communication. Proven ability to drive efficiency and deliver impactful solutions in complex environments.
Overview
16
16
years of professional experience
Work History
Sr. Strategic Sourcing Specialist
Medtronic Engineering and Innovation Center
08.2022 - Current
- Manage overall procurement operations for Medtronic Engineering and Innovation Center including purchasing, vendor management, and contract negotiation, stores operations
- Develop and implement strategic procurement strategies to optimize cost-efficiency while maintaining high-quality standards
- Identify and evaluate potential suppliers, negotiate contracts, and monitor supplier performance
- Collaborate with internal stakeholders to understand procurement needs and requirements
- Led and supervised the reporting team to achieve optimal performance
- Established Indents tracker and saving metrics
- Developed and implemented procurement policies and procedures to ensure compliance and efficiency
- Led and manage Pan India projects, ensuring timely delivery and cost-effectiveness
- Actively sought opportunities for process improvement and efficiency enhancement within procurement workflow
- QBRs with leadership team and share business updates
- Prepare and implement sourcing strategy to achieve spend targets for the assigned commodities
- Ensuring compliance with all procure-to-pay policies and guidelines
- Successfully setup office and labs covering a total area of 1.91 lakhs square feet in the Hyderabad office, showcasing proficiency in project management and organizational skills
- Collaboratively working with Global team (Capex, Purchase services, Facilities) and leveraging best practices and implement
- Mentor and train junior procurement staff to enhance departmental capabilities
Deputy Manager
Hyundai Motor India Engg. Pvt. Ltd
09.2018 - 08.2022
- Responsible for the end to end Non-IT purchases & overseeing of store operations
- Responsible for supplier’s identification, development, and qualification of suppliers that meet the business requirements
- Manage and launch RFQ / RFP, benchmark and develop new supplier in order to remain competitive
- Quotes study, negotiation, ordering, delivery follow up with suppliers & Invoice submission etc
- Implemented/ standardized business reports including PR, PO Tracking and Key Performance Metrics
- Manage and optimize effectively internal procurement processes and policies
- Maintain the TATs for all the activities assigned
- Ensure that team to process Purchase orders within SLA and data accuracy maintained
- Prepare cost saving reports, TAT & updates to CFO
- Regular meeting with internal stakeholder to understand prerequisites, feedback and make purchase plan
- Monitor deliveries (Shipment or Order progress status) and update to internal stakeholders
- Prepare and implement sourcing strategy to achieve spend targets for the assigned commodities
- Have a Transformation mindset and eye for identifying automation/process improvement opportunities (Introduced trackers for PRs, PO process TAT & saving reports)
- Periodic review of supplier data base, open PO closures, Payment projections for finance funds allocation
Sourcing Specialist
GE
02.2015 - 09.2018
- Independently handled multiple locations (Hyderabad & B’lore) spends /purchase requirements end to end such as supplier on-boarding, competitive bidding, negotiation & finalization of orders, Release of POs & Arrange deliveries as per project timelines
- Prepare request and invitation for quotation
- Reviewing tenders/bids
- Collaboratively working with engineering Department to analyze the offers technically, and make comparative statement and finalizing prices with suppliers
- Release Purchase orders to Vendors and coordinate with vendors to get material as per the project timelines
- Regular rhythm with invoice processing teams for on time process of payments to suppliers
- Coordinating with AP team and clearing the in invoice/payments
- Regular rhythm with cross function & Project teams to understand prerequisites for better deliverables
- Regular rhythm in simplifying the process of disposal of non-working assets with cross functions
- Identify the cost avoidance opportunities & close work with internal stakeholders for executions
- Maintain supporting documents related to transactions and prepare procurement related reports such as savings, TAT & etc
- Collaboratively working with Global team (Capex, Purchase services, Facilities) and leveraging best practices and implement
Sourcing Executive
Adarsh Solutions Pvt LTD (Client GE)
06.2013 - 02.2015
Purchase Executive
Siemens Ltd
04.2010 - 06.2013
- Develop RFQ, Quote analysis, Should cost and negotiate with supplier about pricing, lead time, payment terms and other T&C
- Cost reduction through Negotiation & Should cost
- Planning the materials as per the PP and follow up with suppliers for timely delivery of material
- Planning in accordance with Lead Times of different products
- Handled metallic parts (Machining parts, Sheet metal, Heavy fabrication, HDG Hardware’s, GI Pipes) & packing wood commodities
- Supplier Ratings and assessment & Supplier Base rationalization
- Collaboration with design & quality assurance team for resolving the product quality related issues
- Ensure capacity establishments at existing source and developing alternate source to meet production volume
- Department Coordinator for localization of new products
- Inventory Management (Identification of A-Class, B-Class, C-Class items as per consumption & Value)
Trainee
Siemens Ltd
04.2009 - 04.2010
Education
BTech - Mechanical Engg
Sri Sarathi Institute of Engineering and Technology
01.2008
Intermediate -
Sri Vijay junior college
01.2004
S.S.C -
Z.P.H High School
01.2002
Skills
- Comprehensive understanding & experience of purchasing strategies
- Inventory management
- Store management
- Knowledge of customs process
- Strong negotiating skills
- Internal stakeholders & Vendor Management
- Good knowledge in vendor onboarding process
- Ability to manage multiple priorities
- Excellent analytical, critical thinking and strategic skills
- Strong leadership capabilities
- Supplier Relationship Management
- E-procurement Systems
- Procurement processes
- Spend Analysis
- Cost-reduction strategies
- Global sourcing
- Negotiation Strategies
- Category management
- Negotiation expertise
- Teamwork and Collaboration
- Organizational Skills
- Price Negotiations
- Strategic Sourcing
- Supplier Relations
- Risk Management
- Process Improvement
- Cost Assessments
Languages
English
Telugu
Hindi
Personal Information
- Date of Birth: 06/22/87
- Gender: Male
- Nationality: Indian
- Marital Status: Married
Careerachievements
- Received 11+ Awards & 60+ internal customer appreciations.
- Received ~49+ recognitions/customer appreciations in Medtronic in last 19 months.
- Received Best performer award in Hyundai Motor India Engg. Pvt Ltd.
- Received Award from Regional leader - Supply Chain global operations Asia for best performance.
- Received Silver award from General Manager-Global operations India.
- Received Bronze award from CoE leader for contributions towards making the GE lab in BITS Pilani Hyderabad Campus.
- Received Three Impact Awards from project heads.
- Received Bronze award from Operations Manager for best effort.
- Received Impact award for outstanding support for ERD event.
- Recognized with 'Merit Certificate' for effective handling of Commodity (Metallic) in Siemens Ltd.
Timeline
Sr. Strategic Sourcing Specialist
Medtronic Engineering and Innovation Center
08.2022 - Current
Deputy Manager
Hyundai Motor India Engg. Pvt. Ltd
09.2018 - 08.2022
Sourcing Specialist
GE
02.2015 - 09.2018
Sourcing Executive
Adarsh Solutions Pvt LTD (Client GE)
06.2013 - 02.2015
Purchase Executive
Siemens Ltd
04.2010 - 06.2013
Trainee
Siemens Ltd
04.2009 - 04.2010
Intermediate -
Sri Vijay junior college
S.S.C -
Z.P.H High School
BTech - Mechanical Engg
Sri Sarathi Institute of Engineering and Technology
Similar Profiles
GopalaKrishna KajaGopalaKrishna Kaja
Senior Product Security Engineer at Medtronic Engineering and Innovation Center Pvt. LtdSenior Product Security Engineer at Medtronic Engineering and Innovation Center Pvt. Ltd
Harish MarupudiHarish Marupudi
Software Engineer I at Medtronic Engineering and Innovation CentreSoftware Engineer I at Medtronic Engineering and Innovation Centre
Dharamendra KumarDharamendra Kumar
Senior Mechanical Engineer (Senior MDR/ Vigilance Specialist) at Medtronic Engineering Innovation CentreSenior Mechanical Engineer (Senior MDR/ Vigilance Specialist) at Medtronic Engineering Innovation Centre