Shripad Vedanti

• Leading purchase team to Floating RFQ as per operation requirement, comparing quotation and getting approval from management before placing purchase order with Vendor.
• Releasing purchase order and closely follow up till material supply and vendor payment.
• Sourced most cost-effective new and existing products to meet category and procurement KPIs.
• Maintaining close interaction with third-party suppliers, external laboratories, and customers
• Worked cross-functionally with internal teams to deliver quality products to meet needs of customers.
• Built relationships for increased engagement and partnerships across supplier base.
• Responsible for day-to-day operations, leading the organization Human Resource department and administration department, helping and creating organizational and program budgets in collaboration with the Team as additional responsibility.
• Reporting to the Managing Director and ensuring organizational effectiveness by providing leadership for the organizations financial and operations functions
• Acting as Management Representative for internal and external audits viz EIAC, ISO 9001, 14000 & 45000
• Handling petty cash for office expenses
• Preparation of invoices, SOA and follow up for payment.
• Responsible for receivables/collections for cash flow management
• Preparation of financial report every month for management
• Salary preparation and disbursement in timely manner to fulfil WPS requirement.
• Oversee organizational insurance policies and staff insurance policies.
• Ensure health and Safety committee meetings are held and tasks assigned.
• Review and manage the NDT budget on the project to ensure optimize utilization and control on actual spends to ensure within budget compliance.

• Preparing and controlling the purchase budget
• Working closely with Rig Managers and workshop staff for their day-to-day requirement
• Involving Management and Taking management approval after comparing quote
• Responsible for Order Placement Timing, Supply / Demand Alignment and Supplier Performance
• Continuously monitoring, evaluating and improving supplier performance
• Sourcing the most affordable materials
• Monitoring delivery times to ensure they are on time
• Ensuring the adequate supply of all required materials, components and equipment
• Delivering cost savings for the company
• Managing the procurement supplier relationships for the company
• Helping to source alternative items for indenter
• Dealing with customs and stores department
• Confirming timely payment of all suppliers
• Handled Administration department as an additional responsibility.

• Project: Construction of Jackup Drilling Rig at, Sharjah

• Negotiated contracts and terms successfully, delivering cost and operational efficiency for group.
• Sourced most cost-effective new and existing products to meet category and procurement KPIs.
• Worked cross-functionally with internal teams to deliver quality products to meet needs of customers.
• Built relationships for increased engagement and partnerships across supplier base.
• Controlled cost of goods and managed terms and business planning with supplier base for improved profitability.
• Analysed and developed procurement plans with cost-effective solutions and increased purchase power.
• Evaluated procurement processes and used results to improve workflows and procedures.
• Facilitated project delivery by procuring raw materials and supplies.
• Collaborated with technical experts in managing contracting and vetting processes for issued tenders.
• Worked with department heads to determine requirements for procurement activities.
• Reviewed proposals and submitted reports to procurement heads for selection.
• Monitored supply chain activities to validate quality of goods procured.
• Sourced and verified quotations from suppliers before initiating purchase processes.
• Producing financial reports related to budgets, account payables, account receivables, site office expenses etc
• Handling petty cash for site expenses
• Preparation of Invoices / variation orders in consultation with Project Manager
• Responsible for floating RFQ, getting quotes, making comparison and preparing approvals for Senior Management
• Responsible for Order Placement Timing, Supply / Demand Alignment and Supplier Performance
• Continuously monitoring, evaluating and improving supplier performance
• Sourcing the most affordable materials
• Dealing with customs and stores department
• Confirming timely payment of all suppliers

• Project - Construction of JU2000A Jack up Drilling Rig
• Budget preparation for project
• Responsible for client progress meetings on and off site, cost control, invoicing, variation claims, invoice payment resolution as per conditions of contract
• Dealing with Classification society to conclude various site issues
• Worked closely with other departmental heads to promote overall project effectiveness
• Writing detailed and summarized project progress reports
• Dealing with vendors for technical discussion and approving the drawings for production
• Certifying the monthly contractor's bills for payment
• Handled the procurement department for 1 ½ year
• Prepared technical Datasheets in order to float the RFQ
• Final negotiation with Vendor selected and obtaining approval from Senior Management
• Actively involved in Staff management
• Developed the systems for smooth flow of individual department
• Assured project documentation followed internal quality standards.
• Monitored project spending and compiled budgets to develop business use cases.
• Used project management tools and techniques for positive, successful outcomes.
• Documented appropriate project plans and controls in line with change lifecycle.
• Prepared project performance reports with statistics and newly researched information.
• Implemented and maintained appropriate systems to enable successful planning and scheduling.
• Acted as single point of contact for customers and internal stakeholders.

Project – Construction of AHTS – 2 nos Location: ABG Shipyard, Surat

Owner – Seatankaer Management co. ltd. Cyprus

• Reviewed designs, plans and reports to ensure constant compliance with project specifications.
• Created detailed project schedules, working closely with contractors to manage deadlines.
• Produced project progress reports for stakeholder reviews and meetings.

Project – Construction of “CCC Pioneer” at ABG Shipyard, Surat, India

Position Held – Project Coordinator from Owner side

• Maintained project schedules by managing deadlines and adjusting workflows to suit.
• Enhanced project transparency and accountability with rigorous evaluation and record-keeping.
• Maximised communication and transparency between clients, internal departments and stakeholders.
• Reviewed project documents and highlighted discrepancies and errors for correction.

Project – Construction of Well Test Vessel – 2 nos. at ABG Shipyard, Surat, India

Owner – Al-Mansoori Production Services, Abu Dhabi

Project – Construction of Anchor Handling Tugs – 4 nos. at ABG Shipyard, Surat, India

Owner – Halul Offshore, Doha, Qatar