Assitant Director
Ey - India
Total years of experience :14 years, 3 Months
• Spearheaded the sourcing of software for cutting-edge technologies including Generative AI, Metaverse, Block chain, Robotics Process Automation, Artificial Intelligence, Machine Learning, Internet of Things resulting in the successful implementation of Multiple software solutions for both internal business and clients.
• Supporting contract discussion with Open Ai and Google Bard for new Generative AI projects for EY and Clients.
• Procurement of cutting-edge technologies for innovation labs, specifically in the areas of Robots, Drones, and Immersive AR/VR devices.
• Collaborated with clients and internal IT teams to understand business requirements, conducted market research, evaluated vendors, and negotiated contracts, ensuring alignment with technology roadmap and achieving a cost reduction of 15% on software procurement.
• Implemented a risk assessment framework to identify potential contractual risks, conducted regular audits, and developed mitigation strategies, ensuring compliance with legal and regulatory requirements while maximizing value for money.
• Collaborated with vendors and IT teams to conduct functional assessments of software solutions, resulting in a 95% alignment of software functionalities with business requirements.
• Successfully negotiated contracts and commercials with vendors, achieving an average cost reduction of 15% on software licenses and maintenance fees across a portfolio of 20 vendors.
• Utilized effective negotiation strategies, market analysis, and benchmarking to drive vendor competition and secure favorable contract terms, resulting in significant cost savings for the organization.
Successfully managed end-to-end sourcing projects for various Cisco business units in the US/Canada, resulting in cost savings of $2 million per year and improved supplier relationships.
•Collaborated with stakeholders to define project scopes, requirements, and timelines, ensuring successful execution of sourcing initiatives.
•Conducted supplier evaluations and negotiations, optimizing supplier selection, and driving cost eficiencies.
•Utilized Tableau to create comprehensive spend reports for top management presentations, enabling data-driven decision-making and improving transparency in procurement processes.
•Provided actionable insights to management, resulting in more informed procurement strategies and enhanced cost management.
•Led supplier risk assessment and evaluation projects, identifying potential risks, and implementing risk mitigation strategies, resulting in a 20% reduction in supply chain disruptions.
•Worked closely with suppliers to conduct supplier demos, showcasing product features and capabilities to stakeholders, resulting in informed purchasing decisions and improved supplier relationships.
•Managed the Payment Terms team for Cisco globally, implementing standardized payment terms and optimizing cash flow management, resulting in a 15% reduction in payment cycle time.
Worked directly with the VP of Strategic Sourcing, overseeing spend analysis for diferent vendors and client sites, managing a budget of $20 million across three diferent categories.
•Conducted comprehensive spend analysis, identifying cost-saving opportunities and implementing strategic sourcing initiatives, resulting in a 10% reduction in overall procurement costs.
•Developed and implemented standardized vendor evaluation criteria, leading to a 20% improvement in supplier performance and increased contract compliance.
•Managed end-to-end RFX events, including vendor selection, evaluation of suppliers' performance, contracting, and onboarding, ensuring seamless procurement processes and supplier relationship management.
•Provided support to the Solutions Team for Print, Marketing, and IT-related sourcing projects, facilitating the outsourcing of operations from North America and Europe to low-cost destinations such as China, India, Philippines, Vietnam, and Russia
•Served as a member of the Process Diagnostic and Gap Analysis study through Value Stream Mapping and Lean approaches, contributing to the execution of the Order Process improvement initiatives.
•Identified process ineficiencies and bottlenecks through value stream mapping, resulting in a 25% reduction in order processing time and improved order accuracy.
Took responsibility for tactical buying across multiple categories, including Marketing, Print, Telecom Products, Technical Services, and Software, managing a total spend of $10 million annually.
•Implemented strategic sourcing initiatives, achieving an average cost savings of 15% across categories without compromising quality or service levels.
•Developed and maintained strong relationships with suppliers, negotiating favorable terms and conditions, resulting in improved contract terms and a 10% increase in supplier performance.
•Led supplier selection and fair value analysis, utilizing negotiation skills to secure optimal pricing and contract agreements, resulting in an average cost reduction of 12% and improved supplier relationships
•Played a key role in stabilizing processes and formulating standard operating procedures (SOPs) within three to six months, resulting in improved process eficiency and reduced errors.
•Achieved Lean Six Sigma Yellow Belt certification from More Stream University, leading a project that reduced the percentage of blocked invoices by 50%, resulting in a savings of 1.5 headcounts and $30, 000 per year.
•Mentored a project that successfully transitioned 45 vendors from manual purchase orders to automated POs, resulting in a 50% reduction in order processing time and improved accuracy.
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