Ritesh AGARWAL

• Led Procurement, Contracts and Logistics teams to initiate, finalize, deliver and administer all commercial agreements on time and within budget for project spent base in excess of USD 11 billion.
• Awarded contracts for supply / construction of key project objects and equipment such as heavy mining equipment, concentrator equipment, on-site and off- site infrastructures, ports, power plant and all other associated assets and facilities .
• Spearheaded implemented of fully integrated 1C ERP system by facilitating effective communication and collaboration of cross functional team members.
• Optimized supply chain operations through careful vendor selection, inventory management, warehouse management and cost control measures.
• Established robust risk management practices to protect company interests during negotiations and contractual agreements.
• Finalized long-term contracts with shipping lines, freight forwarders and logistics company for continuous and sustainable supply assurance.

• Led Supply Chain (procurement, contracts, inventory management, inbound and outbound logistics)
• Managed procurement activities, driving cost savings through strategic sourcing and contract negotiations. Implement sourcing for major reagents & production consumables from alternative sources resulting in reduction of OPEX by 10% on YOY basis
• Optimized warehouse operations, resulting in improved order fulfillment rates and reduced order processing time.
• Implemented data-driven decision-making processes, leading to more accurate demand forecasting and reduced stockouts.
• Managed logistics functions including shipping coordination, customs compliance, freight negotiations, and carrier selection.
• 
  

• Managed procurement & contracts spend base more than USD 250 million per annum
• Finalized contracts for brown field project called Saramacca with project cost of USD 200 million over span of 1.5 years
• Developed strategic and long term business plans for Supply Chain Management
• Developed robust souring strategy leading to renegotiation of contracts for materials under major spend base categories such as Cyanide, RC and diamond drilling, equipment rental, explosives, OTR Tires to achieve 20% savings on YOY sustainable basis
• Introduced Service level Agreements (SLAs) and KPIs within high-risk contracts portfolio and monitored and tracked supplier performance to enforce adherence to quality standards.
• Implementation of complete Fuel Management System to optimize fuel consumption, manage burn rates and reduce possibilities of fuel siphoning
• Introduced TCO Based contracts with mining equipment manufacturer, inclusion of availability of equipment guarantees, stock holding of major components & spares at site resulting in significant reduction in OPEX
• Executed parts pricing contract with major mining equipment provider including loyalty program benefits, dealership pricing optimization, thereby getting best spare parts pricing in region

As Supply Chain Manager of Kazakhmys Projects B.V (KPBV), subsidiary company of KAZ Minerals LLC, provided leadership to procurement, contracts, logistics and materials management team to finalize two construction projects (Bozshakol and Aktogay) with project cost in excess of USD 4 billion and total procurement spend of more than USD 2.5 billion

• Upon completion of projects in July 2015, recruited by KAZ Minerals directly as Group Supply Chain Director
• Cost savings of more than 20% achieved on YOY basis by shifting significant sourcing from OEMs and OPMs from Asia and particularly from China on sustainable and long term basis due to accessibility of logistical routes including rail roads and bulk sourcing possibilities
• Optimized logistics costs & time by consolidations of shipment, pre-declaration and custom clearances, delivery to site of more than 500 full truck loads and significant volumes of OOG cargoes from all over the world in varied dimensions, incoterms, and modes of shipment.
• Long term forward purchasing rate agreements finalized with major OEM suppliers covering 70% - 75% of spent-base to ensure continuity of supply at cost driven and market related prices
• Negotiated vendor managed inventories with annual value in excess of USD 50 million from major suppliers to optimize working capitals
• Initiated local vendor development program to identify low-cost local providers for several materials and services such as mill balls, lime, motor rewinding etc. Traveled to supplier’s facilities, foundries, workshops to assess their operations (capabilities, safety, quality, efficiency, inventory on hand)

• Recruited as Superintendent - Warehouse and Inventory control to plan, organize, direct, and manage safe and efficient operations of warehouse, inventory control, logistics and repairable functions within Supply Chain
• Transferred to manage Category Management Team in June 2012 to lead contracts (category management) department and analyze spend base, develop, and finalize long, medium and short- term sourcing strategies for all major spends of company
• Consolidated scopes and invited global tenders: Did scope consolidations and global tenders for major spent categories to achieve more than 15% year on year savings
• Finalized turnkey contracts based on TCO framework: For materials handling, conveying systems and PPEs management, finalized turnkey contracts including supply and site maintenance supports.
• Finalized long term forward purchase agreements for spare parts of pot tending assemblies’, cranes and mobile equipment resulting in lower procurement cost, increased availability and reduced overall cost of production
• Lead implementation of Remote Logistics Management (RLM) in SAP system for both inbound and outbound Logistics

• Developed procurement, contracts, tendering, logistics strategies for project and operations
• Finalized contracts and purchase orders for USD 300 million (Phase 1 of project)
• Assisted right from conceptual stage in finalization of scopes, bid packages for complex and high value contracts such as turnkey waste and coal mining, design and build contract for roads and dams, performance-based contract for manufacturing and supplying of concrete at site, purchase and installation of coal handling and processing plant (CHPP), construction camp and catering contracts

• Headed Supply Chain for open pit mines and processing plant (smelter, refinery, and acid plant)
• Finalized purchase orders and contracts up to $100 million annually for operations
• Lead capital procurement worth up to $80 million annually for brown field refinery expansion
• Finalized long-term Forward Purchasing Agreements and service contracts for operations
• Supervised warehouse, logistics and inventory controllers’ team to optimize operational inventories.

• Coordinated with procurement specialist and Commercial Manager to monitor procurement of spares and consumables with spend base of USD 15 million per annum including raw materials, spares and consumables for open pit and underground mines
• Managed site- based supervisors and personnel for warehousing and inventory control functions