Summary
Overview
Work History
Education
Skills
Websites
Certification
Timeline
Generic
Sankalp Selot

Sankalp Selot

Hyderabad

Summary

A supply chain industry professional with 11+ years of experience in supply chain management, manufacturing operations, Capex project and team management. Key skills include Negotiation, Contract Management, Problem Solving, Alternate Vendor, Capex / Opex / BOM Project Modeling

Overview

11
11
years of professional experience
1
1
Certification

Work History

Senior Sourcing Manager

HFCL
05.2023 - Current
  • Done Capex Sourcing of 50 Cr + worth of items and brought savings of average 15% (10Cr)
  • Managed and negotiated standard payment terms such as LD, indemnity etc to keep terms as consistent as possible
  • As per project requirement managed situations early / late dispatches.
  • Spearheaded negotiations with equipment manufacturers globally for purchase of main equipment worth 300 Cr and contract terms.
  • Reduced Project Capex by 25% (100 Cr) by developing alternatives (Global & Domestic), technology upgradation & Capacity enhancement, Supplier Mix Match Models.
  • Member of a special team to our MD for Capex Project.

Capex Project Lead

TrumpF
04.2022 - 03.2023
  • Plan and Manage Capacity Expansion Project.
  • Negotiate with suppliers for main equipment hardware
  • Support R&D Process by procuring specialty RM, Equipment maintenance and old equipment services.
  • Support & Manage R&D Equipment PAT

Supply Chain Manager

Sterlite Technologies Limited
07.2019 - 03.2022
  • Done Reporting and Management of Inventory levels for 3 plants, Glass, Fiber and Cable worth 200 Cr.
  • Standardized and optimized of inventory levels through formats and digitalization..
  • Managed cost saving projects
  • Analyzed data / trends to support SCM initiatives and commitments to senior Management.
  • Worked with sales team to enable them to justify cost to their customer with existing contracts in place.
  • Resolved suppliers distress and managed payment terms to achieve positive cashflow

Assistant Engineer in New Product Development

Sterlite Technologies Limited
07.2013 - 07.2019
  • Prepared and delivered new product production plan in conjunction with standard product production plan
  • Worked in close coordination with sales team in high market demand situation to achieve companies daily / monthly commitments to customers
  • Managed inventory worth up to 10 Cr and optimized loss
  • Rolled out 3 new products on production floor
  • Improved overall product quality by performing rigorous testing and identifying areas for improvement.
  • Recommended solutions, built custom proposals, prepared supporting information and delivered presentations to reduce scrap.
  • Identified new ideas, products and/or features that improved customer satisfaction, reduced costs and kept product line in forefront of industry.
  • Created SOPs through DOE to get best output and reduce scrap up to 7%

Education

MBA - Supply Chain Management

Liverpool Jhon Moores University
UK
10.2023

B.E. - CHEMICAL ENGINEERING

IPS ACADEMY
Indore
01.2013

Skills

  • Negotiation - Global and Domestic
  • Vendor Qualification
  • New Vendor Introduction
  • Payment and Contract Terms
  • Stakeholder Management
  • Project Management
  • Team Management
  • Value Engineering
  • Cost Control - Capex Opex BOM

Certification

  • Sterlite Project Management Certification
  • Six Sigma Green Belt

Timeline

Senior Sourcing Manager

HFCL
05.2023 - Current

Capex Project Lead

TrumpF
04.2022 - 03.2023

Supply Chain Manager

Sterlite Technologies Limited
07.2019 - 03.2022

Assistant Engineer in New Product Development

Sterlite Technologies Limited
07.2013 - 07.2019

MBA - Supply Chain Management

Liverpool Jhon Moores University

B.E. - CHEMICAL ENGINEERING

IPS ACADEMY
Sankalp Selot