Lavesh M.
Senior Strategic Sourcing Manager
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About
Lavesh M. is a seasoned Strategic Sourcing and Supply Chain Management professional, boasting nearly 18 years of extensive experience in the Automotive and Auto Components industry. Driving operational excellence, he specializes in strategic sourcing, procurement, vendor development, and materials management. Lavesh has a proven track record of leveraging cost optimization strategies like Should Costing, Zero-Based Costing (ZBC), and VAVE initiatives to achieve significant cost savings and enhance supply chain efficiency. His expertise extends to managing end-to-end sourcing activities and developing robust supplier relationships, ensuring seamless project execution and risk mitigation across complex supply chains. With strong leadership skills, Lavesh has effectively led cross-functional teams, spearheaded strategic supplier development, and supported new product development endeavors. Holding an MBA in Materials Management from Pune University, Lavesh is proficient in SAP MM and advanced data analysis tools, ensuring accurate and efficient supply chain management and process improvement.
Experience
Senior Manager – Strategic Sourcing (SCM)
Greaves Cotton Ltd. · 2022 — PresentOversee strategic sourcing and vendor development for components used in Engine and Genset manufacturing. Develop and implement commodity sourcing strategies while ensuring supplier onboarding meets project budgets and timelines. Manage sourcing activities including supplier identification, RFQ management, techno-commercial evaluations, and purchase order creation. Conduct capacity planning and risk mitigation initiatives to support supply chain stability. Collaborate with cross-functional teams during New Product Development (NPD) to meet quality and delivery objectives.Deputy Manager – Corporate Sourcing
Endurance Technologies Ltd. · 2020 — 2022Handle raw material cost estimation and commercial settlements for new RFQs through collaboration with R&D and other teams. Manage quarterly raw material escalation settlements and apply Zero-Based Costing (ZBC) methodologies to optimize supplier costs. Develop cost control reports and provide sourcing insights to aid procurement strategies. Prepare monthly savings reports and analyze market fluctuations while leading a team to achieve cost management goals.Deputy Manager – Materials
Piaggio Vehicles Pvt. Ltd. · 2011 — 2020Direct strategic sourcing and supplier development for various components in 2W, 3W, and 4W vehicle programs. Lead supplier selection processes, including RFQ preparation and techno-commercial evaluations, ensuring alignment with Quality, Cost, and Delivery (QCD) parameters. Negotiate agreements using should-costing methods to meet procurement targets. Collaborate with internal teams to support uninterrupted manufacturing operations and manage requirements for new development programs.Assistant Manager – Materials
Tata Johnson Controls Automotive Ltd. · 2007 — 2011Manage strategic sourcing and procurement of components for automotive seating systems, identifying and developing suppliers for both prototype and production needs. Conduct BOM costing, should-cost analyses, and negotiate with suppliers. Execute supplier development and procurement planning to align with customer schedules. Implement VAVE initiatives to enhance product quality and manage supplier relationships to ensure timely component availability.
Skills & Expertise
Education
- MBA in Materials ManagementPune University · — — 2015
- B.Tech. in Mechanical EngineeringDr. Babasaheb Ambedkar Technological University (Dr. B.A.T.U.), Lonere · — — 2007
- Diploma in Mechanical EngineeringMaharashtra State Board of Technical Education (M.S.B.T.E.), Mumbai · — — 2004
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