Kiran Suresh Mondkar
About Kiran Suresh Mondkar
Kiran Suresh Mondkar is the Sr. Manager of Procurement (Raw Materials) at GELTEC PVT LTD, overseeing a team of five and managing an annual procurement spend of approximately INR 200 Crore.
Work at Geltec - Innovative Healthcare
Kiran Suresh Mondkar serves as the Senior Manager of Procurement (Raw Materials) at Geltec Pvt Ltd, a position he has held since 2018. He manages a team of five reportees, which includes personnel located in Mumbai and at manufacturing sites in India and Dubai. His role involves strategic development of raw materials that align with product and market requirements. Mondkar oversees vendor development and the commercial purchase of raw materials specifically for the US OTC market at the Dubai facility.
Procurement Management Experience
In his current role, Kiran Mondkar manages an annual procurement spend of approximately INR 200 Crore ($27 Million). He is responsible for sourcing raw materials for three manufacturing units that produce both pharmaceuticals and nutraceuticals. Mondkar has implemented a Monthly Material Requirement Planning (MRP) system, which has replaced the previous Daily Requirement Planning approach, enhancing efficiency in procurement processes.
Previous Work Experience
Before joining Geltec, Kiran Mondkar held several positions in procurement and materials management. He worked at Ipca Laboratories Limited as a Senior Officer from 2007 to 2010, and at Sharon Bio Medicine as a Senior Executive from 2010 to 2011. He also served as Manager of Procurement at Piramal Enterprises Limited from 2011 to 2018. His career began at Aristo Pharmaceuticals Pvt. Ltd. as a Supervisor in the Materials & Planning Department from 2002 to 2006.
Education and Expertise
Kiran Mondkar studied at the University of Mumbai, where he earned a Bachelor of Science degree and various diplomas in related fields. His educational background includes studies in Physics, Export-Import Management, Material Management, and Supply Chain. He has achieved multiple qualifications, including DEIM, DMtM, and PG diplomas, which support his expertise in procurement and materials management.
Achievements in Procurement
Kiran Mondkar has successfully managed the import of potential raw materials under an Advance License, which has allowed his organization to benefit from duty exemptions amounting to approximately INR 4.75 Crore. His strategic approach to procurement has contributed to the operational efficiency and cost-effectiveness of the organizations he has worked with.