Bhavin Panchal
Dubai,UAE
Summary
Dynamic Procurement Manager with over 15 years of extensive experience in sourcing and contract management across diverse industries. Expert in formulating strategic sourcing strategies, managing vendor relationships with over 100 suppliers, and identifying significant cost-saving opportunities of up to 10%. Proven track record managing a spend portfolio exceeding EUR 600 million. Possesses a deep understanding of market dynamics and sound business judgements. Skilled in supplier performance management, risk management in supply chain, budgeting and financial planning, cost analysis and cost reduction, Team management & ERP systems like SAP. Committed to leveraging procurement expertise to enhance operational efficiency and drive results in an innovative organisation.
Overview
22
22
years of professional experience
5
5
years of post-secondary education
Work history
Procurement Manager - Packaging
LIPTON TEAS AND INFUSION
Dubai, UAE
10.2022 - 06.2025
- Managed Sourcing and Contracting of Packaging portfolio for AMET region, overseeing key regions such as UAE, Egypt, Turkey, South Africa and Nigeria with approximately spend of EUR 60 million.
- Vendor Relationship Management, Managed successful business relationship with over 100 vendors both global and local prioritizing value, innovation, sustainability, and growth strategies.
- Formulated and implemented effective sourcing strategies.
- Conducted negotiations and established contracts with supply partners.
- Implemented targeted initiatives to achieve savings of 8% to 10% of annual spends and improve cash flow performance, resulting in measurable financial benefits.
- Conducted risk assessments and developed mitigation strategies, ensuring portfolio resilience. Led resilience project for overall packaging portfolio of Lipton.
- Implemented routine material cost forecasting to enhance budget accuracy and financial planning.
- Implemented Just-in-Time (JIT), Consignment Stock, and Vendor-Managed Inventory (VMI) strategies to streamline operations, reduce holding costs, and ensure optimal production levels.
- Led transition of AMET Packaging Procurement during company’s setup phase, successfully migrating operations from Unilever to Lipton Teas and Infusions.
Procurement Manager - Packaging
UNILEVER GULF FZE
Dubai, UAE
09.2021 - 09.2022
- Pioneered and executed advanced sourcing strategies.
- Spearheaded contract negotiations to ensure optimal agreements with 100+ suppliers.
- Emerged cost-saving opportunities through innovative idea generation.
- Managed supplier relationships to ensure consistent quality and efficiency.
- Introduced new vendors to diversify and strengthen supply chain.
- Maintained up-to-date knowledge of industry trends to inform strategic purchasing decisions.
Assistant Procurement Manager- Petro & Fine Chemicals
Hindustan Unilever Ltd
Mumbai, India
06.2014 - 08.2021
- Managed sourcing and contracting for high-spend, high-volume petrochemicals portfolio across multiple regions—including South Asia, Southeast Asia, and North Asia—with oversight of key markets such as India, Pakistan, China, Indonesia, Vietnam, Philippines, Thailand etc. Total managed spend: ~EUR 600 million.
- Orchestrated successful global sourcing strategy in partnership with international teams.
- Led e-sourcing events and negotiated regular pricing with 50+ vendors.
- Generated quarterly price forecasting across all operating countries.
- Collected and scrutinized supply market intelligence executed cost modelling and benchmarking.
Manager Strategic Sourcing - Direct & Indirect
MEAD WEST VACO INDIA PVT. LTD.
Pune
04.2013 - 06.2014
- Spearheaded all sourcing responsibilities of Emerging Business Units, such as Primary Plastics Operations, Folding Cartons, Corrugation Box Plant, and Specialty Chemicals.
- Exhibited proficiency in comprehensive sourcing, tactful negotiation of direct and indirect items, including capex items, spares, and services, while effectively managing 3rd party contract manufacturer.
- Pioneered in Supplier Relationship Management, focusing on Supplier value maximization, development, scorecard and performance management.
- Managed inventory levels efficiently, avoiding stockouts or excess inventory.
Senior Buying Executive - RM & PM
HINDUSTAN UNILEVER LTD
Mumbai
12.2006 - 04.2013
- Pioneered efficient procurement systems for RM/PM and Finished Goods, enhancing operations for brands like Lakme, Aviance, and Axe, ensuring quality and cost-effectiveness.
- Led sourcing for diverse packaging components including rigid plastic, contact flexibles, tubes, cartons, corrugated boxes and labels.
Executive Buying and Supply Chain
KAYA SKIN CARE PVT LTD
Mumbai
07.2005 - 12.2006
- Spearheaded the procurement and distribution of imported medical equipment, capital goods, pharmaceuticals, cosmetic products, raw materials, spare parts, and packaging materials.
Business Coordinator
AXIS ELECTRICAL COMPONENTS (I) PVT. LTD
Mumbai
05.2003 - 07.2005
- Led Contract Reviews, planning in MS Project, Task assignments, Conducting Delay analysis meetings and identify areas for improvement.
- Managing procurement process efficiently, Excelling in supplier negotiations.
Education
CIPP - CIPM - Procurement Certifications
INTERNATIONAL PURCHASING AND SUPPLY CHAIN MANAGEMENT INSTITUTE
Dubai 08.2023 - 10.2023
MBA - Material Management
IIMM
Mumbai , India 04.2009 - 03.2010
Graduate Diploma - Material Management
INDIAN INSTITUTE OF MATERIAL MANAGMENT
Mumbai , India 04.2006 - 03.2008
Master's Degree - Commerce
University of Mumbai
Mumbai , India 04.2003 - 03.2005
Skills
- LEADERSHIP AND DECISION-MAKING SKILLS
- PROBLEM SOLVING AND CRITICAL THINKING
- TEAM MANAGEMENT
- SUPPLIER RELATIONSHIP MANAGEMENT
- STRATEGIC SOURCING NEGOTIATION
- SAP
- SUPPLIER PERFORMANCE MANAGEMENT
- RISK MANAGEMENT IN SUPPLY CHAIN
- BUDGETING AND FINANCIAL PLANNING
- COST ANALYSIS AND COST REDUCTION
- SUSTAINABLE PROCUREMENT PRACTICES
- ABILITY TO WORK WITH CROSS-FUNCTIONAL TEAMS
- ETHICAL BUSINESS CONDUCT
- EXPERIENCE WITH e-PROCUREMENT SYSTEMS
- INVENTORY MANAGEMENT TECHNIQUES
Languages
English
Fluent
Hindi
Fluent
Gujarati
Fluent
Marathi
Fluent
Personal Information
- Date of birth: 03/08/82
- Nationality: Indian
- Marital status: Married
- Visa status: UAE Residence Visa
Custom
- Music
- Movies
- Cricket
- Adventure Sports
- Current Affairs
- Driving
Timeline
CIPP - CIPM - Procurement Certifications
INTERNATIONAL PURCHASING AND SUPPLY CHAIN MANAGEMENT INSTITUTE
08.2023 - 10.2023
Procurement Manager - Packaging
LIPTON TEAS AND INFUSION
10.2022 - 06.2025
Procurement Manager - Packaging
UNILEVER GULF FZE
09.2021 - 09.2022
Assistant Procurement Manager- Petro & Fine Chemicals
Hindustan Unilever Ltd
06.2014 - 08.2021
Manager Strategic Sourcing - Direct & Indirect
MEAD WEST VACO INDIA PVT. LTD.
04.2013 - 06.2014
MBA - Material Management
IIMM
04.2009 - 03.2010
Senior Buying Executive - RM & PM
HINDUSTAN UNILEVER LTD
12.2006 - 04.2013
Graduate Diploma - Material Management
INDIAN INSTITUTE OF MATERIAL MANAGMENT
04.2006 - 03.2008
Executive Buying and Supply Chain
KAYA SKIN CARE PVT LTD
07.2005 - 12.2006
Business Coordinator
AXIS ELECTRICAL COMPONENTS (I) PVT. LTD
05.2003 - 07.2005
Master's Degree - Commerce
University of Mumbai
04.2003 - 03.2005
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