Vinay Kumar Nangunuri
Hyderabad
Summary
Adept at driving product innovation and optimizing procurement strategies, I spearheaded key projects at Kayempee Foods Pvt Ltd, enhancing global sourcing and supplier relationships. Leveraging skills in market analysis and strategic sourcing, I significantly contributed to profitability and cost management, showcasing strong leadership and negotiation abilities. Results-driven Procurement Manager known for highly productive and efficient task completion. Possess specialized skills in strategic sourcing, contract negotiation, and supplier relationship management. Excel in communication, problem-solving, and teamwork, ensuring successful procurement operations.
Overview
15
15
years of professional experience
Work History
Procurement Manager
Future Ascent trade LLC
Dubai
11.2024 - Current
- Researched new products or technologies available in the market that could benefit the organization's operations.
- Settled complex new and existing agreements or statements of work, requests for information and requests for proposals.
- Participated in trade shows or conferences related to procurement topics to stay abreast of industry developments.
- Built long-term relationships with company vendors and suppliers to secure optimal prices.
- Prepared reports on purchasing activity including cost savings achieved through negotiations with suppliers.
- Identified potential vendors and evaluated them according to price, quality, selection, service, support, availability, reliability and sustainability.
Head - Product Development & Strategist
Kayempee Foods Pvt Ltd
Hyderabad
02.2010 - 09.2022
- Company Overview: Kayempee Foods Pvt
- Ltd
- Established in the year 2001
- One of the leading manufacturer, supplier and exporter of Delicious Chocolates, Milk Chocolates, Chocolates, Delicious Candies, Chocolate Wafers and Chocolate Candy Sticks
- India's top-quality manufacturer of the finest chocolates
- The combination of industrial foods and consumers foods creates a global power house in wholesale supplier of chocolate and chocolate confectionery
- Since inception have also pioneered the development of choco paste in India
- For over a decade, One of the leaders in Indian market
- Directing the Research and Development (R&D) program, from new product proposal to commercialization.
- Driving accountability, consistency, quality, and process standardization across all phases of research and development.
- Developing and monitoring research plans and budgets for R&D projects; ensuring projects are completed on time and within cost objectives
- New products in food category, and the role holder will be required to execute the identification, planning, production and launch of new products, Managing Production team and Food Technologists to create prototypes and test them internally, set product development timeline & meet the delivery time
- Identify key vendors for sourcing + manufacturing, negotiate the commercials & work with them on the final product
- Spearheaded the entire process development, new product development and technology transfer of novel herbal extracts for finished products, green extraction technologies, isolation and characterization
- Optimized the Cost; ensured the complete environment, health and safety management
- Analysed the market to gather new innovation and product development concepts
- Attending international confectionery and biscuits exhibition ISM, SIAL, YUMMEX, GULFOOD every year to understand international product development standards and also updated packaging technology
- Visiting machinery manufacturers at their plant for purchase of machinery as per management requirement
- Visited few countries to develop new ideas and strategies, to implement for the attainment of company
- Attended machinery exhibitions in various countries around the globe
- Analyze market intelligence reports and identify all new business and product requirements from market and adapt changes in product and new product development (NPD) as per the global and domestic market requirement
- Coordinating with all departments and implement new product launches
- Business Profitability Management: Top-line, Bottom-line, Turnaround; Profit Centre Operations, Managing all functions in Sales, Marketing & Advertisement; New Project Start-ups
- Strategic Markets, Opportunity Mapping: Setting up a network and penetration both for traditional & Whole-Sale; New Product Launches, New Product Development & all the marketing & advertising activities
- Kayempee Foods Pvt
- Ltd
- Established in the year 2001
- One of the leading manufacturer, supplier and exporter of Delicious Chocolates, Milk Chocolates, Chocolates, Delicious Candies, Chocolate Wafers and Chocolate Candy Sticks
- India's top-quality manufacturer of the finest chocolates
- The combination of industrial foods and consumers foods creates a global power house in wholesale supplier of chocolate and chocolate confectionery
- Since inception have also pioneered the development of choco paste in India
- For over a decade, One of the leaders in Indian market
Business Development & Procurement
Chococorp Private Limited
Hyderabad
10.2022 - 10.2024
- Conducted market research and analysis to identify new business opportunities.
- Created presentations to attract new business opportunities.
- Attended tradeshows and conferences to network with potential clients.
- Conducted market research and reported on competitors.
- Used change methodologies to increase sales and led projects for increased productivity.
- Improved profit margins by effectively managing expenses, budget and overhead, increasing closings and optimizing product turns.
Education
Bachelor's Degree -
Jagruthi degree & PG college
HyderabadSkills
- WINDOWS XP
- MICROSOFT OFFICE MS Excel
- MS Word
- MS PowerPoint
- Internet Application
- Cost analysis
- Vendor acquisition
- New vendor setup
- Market analysis
- Supplier management
- Global procurement
- Supplier relationship management
- Strategic sourcing
- Global sourcing
- Price negotiation
- Materials management
- Relationship building
- Control costs
Disclaimer
I do hereby confirm that the information provided is true to the best of my knowledge and belief.
Languages
- English
- Telugu
- Hindi
Personal Information
- Date of Birth: 08/23/85
- Marital Status: Married
Timeline
Procurement Manager
Future Ascent trade LLC
11.2024 - Current
Business Development & Procurement
Chococorp Private Limited
10.2022 - 10.2024
Head - Product Development & Strategist
Kayempee Foods Pvt Ltd
02.2010 - 09.2022
Bachelor's Degree -
Jagruthi degree & PG college
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