ALAP KHOBRAGADE

•Manage the full lifecycle of vendor contracts within a regulated, semi-government banking environment - including renewals, amendments, compliance
audits, & termination management.
• Manage the full lifecycle of vendor contracts within a regulated, semi-government banking environment - including renewals, amendments, compliance
audits, & termination management.
• Develop & maintain commercial risk registers, identifying contractual risks early & ensuring contingencies are in place to protect organisational
interests.
• Prepare strategic contract documentation, commercial correspondence, & performance reports for senior management, ensuring accurate & timely
visibility on all contractual matters.
• Act as key liaison between internal stakeholders & external commercial partners, providing expert contractual & commercial advisory across business
units.

Led end-to-end procurement and contract lifecycle management for natural gas and LNG sourcing across a USD 5.2 billion portfolio at one of India's largest state-owned energy corporations.

PROCUREMENT LIFECYCLE & CATEGORY MANAGEMENT
- Managed full RFQ-to-PO lifecycle for natural gas, LNG, and associated services - from PR review, RFQ issuance, bid evaluation, and negotiation through PO creation, change orders, and contract close-out
- Created and managed RFQs, purchase orders, and contract amendments in SAP MM and SAP Ariba in line with procurement policies and audit requirements
- Evaluated technical and commercial quotations based on price, delivery terms, and contractual conditions -prepared bid summaries and recommendation notes for approval committees
- Defined category-specific procurement strategies integrating market intelligence, cost models, and target pricing
- Established and maintained an optimized supplier panel through structured
qualification, performance evaluation, and compliance frameworks

KEY ACHIEVEMENTS
- Sourced 568 TMT of NG/RLNG in FY 2024-25 — 18% YoY volume increase
with 100% compliance and penalty-free execution
- Generated USD 22M net trading margin through strategic IGX gas trading
- Secured USD 6.2M incremental margin via competitive Shell tender
for KRIBHCO supply
- Negotiated USD 3B LNG SPA with ADNOC \[Outstanding Achievement Award 2025\]
- Processed USD 226M in vendor payments within 2-3 days — zero penalties
- Saved USD 295, 000 via correct GST classification for SEZ customers
- Recovered USD 149, 000 credit note from GAIL through invoice verification
- Digitised procurement for 100+ contracts via GIMS platform

GOVERNANCE & COMPLIANCE
- Ensured compliance with trade regulations, customs requirements, and
internal governance standards across all procurement activities
- Reviewed T&Cs with Legal covering payment terms, liquidated damages,
warranties, and risk allocation
- Coordinated with Engineering, Logistics, Finance, and end-users for
timely and compliant procurement execution

Executed procurement planning and PO management for high-volume products and services.

Ensured timely PO release, contract compliance, and cost-efficient sourcing.

Coordinated international shipments with freight forwarders, surveyors, and customs agents.

Conducted demand forecasting and inventory monitoring to avoid supply disruptions.

Implemented logistics and supplier cost optimization initiatives.

Executed procurement operations including RFQs, vendor onboarding, and PO lifecycle management.

Supported sourcing initiatives and supplier negotiations.

Improved inventory turnover and working capital through better planning and credit discipline.