Abhimanyu Gupta
About Abhimanyu Gupta
Abhimanyu Gupta is a Commodity Buyer for Steel at Faurecia, where he has worked since 2021 in Columbus, Indiana. He has a background in engineering and management, with experience in supplier negotiations and risk mitigation during the COVID-19 pandemic.
Work at Faurecia
Abhimanyu Gupta has been employed at Faurecia as a Commodity Buyer for Steel since 2021. In this role, he manages a supplier portfolio with an annual spend exceeding $300 million and a consumption of over 100,000 metric tons of steel. He is responsible for negotiating annual price reductions and incentivizing volume agreements to meet company savings targets. Gupta has also played a key role in supporting all plants and Tier II suppliers in managing global steel shortages, ensuring production line continuity and preventing OEM impacts. His efforts during the COVID-19 pandemic focused on risk mitigation, safeguarding the company's profitability and legal standing.
Education and Expertise
Abhimanyu Gupta holds a Master of Science in Engineering Management from Purdue University, where he studied from 2019 to 2021. He also earned a Bachelor of Engineering in Mechanical Engineering from Shri Ramdeobaba College of Engineering and Management, completing his studies from 2013 to 2017. His educational background includes a focus on Industrial and Mechanical Engineering, equipping him with the necessary skills for his current role in commodity buying. Gupta's academic journey began at J.H. Ambani Petrochemicals English Medium School, where he completed his high school education.
Professional Background
Prior to his current position at Faurecia, Abhimanyu Gupta gained diverse experience in various roles. He worked as a Manager at Reliance Industries Limited from 2018 to 2019 and as a Graduate Engineering Trainee from 2017 to 2018. His tenure at Purdue University included roles as a Graduate Student and as an Alternate Senator, contributing to the university's governance and student representation. Additionally, he participated in the International Bridge Program at Purdue University, enhancing his academic and professional development.
Achievements in Procurement
In his role as a Commodity Buyer, Abhimanyu Gupta has successfully negotiated payment term extensions, contributing to positive cash flow for Faurecia. His strategic approach to procurement has resulted in significant savings for the company through effective supplier management and negotiation tactics. Gupta's ability to navigate challenges, such as global steel shortages and the impacts of the COVID-19 pandemic, highlights his expertise in risk management and operational continuity.