Sharad Tyagi, Sr. Specialist Sourcing Strategy

Sharad Tyagi

Sr. Specialist Sourcing Strategy

Abu Dhabi Motor Sports

Location
United Arab Emirates - Abu Dhabi
Education
Master's degree, High school
Experience
10 years, 3 Months

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Work Experience

Total years of experience :10 years, 3 Months

Sr. Specialist Sourcing Strategy at Abu Dhabi Motor Sports
  • United Arab Emirates - Abu Dhabi
  • My current job since January 2024

Domain Procurement Sub Domain Strategic Sourcing & RFX

Currently working with Abu Dhabi Motor Sports Management Company as a Sr. Specialist Sourcing Strategy
• Responsible for identifying synergy opportunity for direct / indirect categories
• Preparing sourcing strategy and align stakeholders/leadership
• Ensuring business objectives by defining SOWs with end user
• Conduct RFPs, and conduct supplier workshop
• Responsible for negotiations & supplier relationship management

Strategic Sourcing Professional with over 10 Years of experience in P2P Procurement & Supply Chain Management. Presently part of the procurement team, leading the team of 3 focusing on running end to end sourcing programs on various categories like Transportation, MRO, Packaging, Blades, Pharmaceuticals, Apparels, Temp Labor and so on. Key focus of my engagement is to support clients with strategic decision making and achieving the savings targets. Leading and managing the complete source to procurement (S2P) cycle, right from creating insights through category analysis, identifying potential suppliers, conducting successful RFQ's till final Negotiations
Key Skills: Strategic Sourcing, Category Management, Project Management, Stakeholder Management, Operations Management, eRFX, RFQ, Auctions, Procurement, Supply Chain Management, Logistics & Warehouse Management, Team management, Supplier Negotiation, Vendor management, Cost Optimization, Transformation.
Tools: COUPA CSO, Scout, Ariba, Jaggaer, Oracle, Power BI, Tableau, Alteryx, RFQ Analyzer, Spend Cube, Data Mining.

Specialist - Digital Procurement at McKinsey & Company
  • India - Gurgaon
  • February 2019 to December 2023

Domain: Procurement Sub-Domain: Sourcing & RFX

Conducting Cost Analysis for various categories globally and identifying opportunities for a given category by using spend intelligence to generate value-enhancing business insights. Creating & managing end-to-end RFPs followed by bid evaluation and classifying key negotiation levers on multiple price components to achieve the savings targets.

RESPONSIBLITIES

• Assisting global clients & stakeholders in category analysis and preparing market basket by analyzing historic spend data
• Vendor management for incumbent & potential suppliers for a given category
• Creating, running, and managing Auctions, RFQs & RFIs on Erfx tools
• Performing multiple rounds bid analysis and supplier feedback reports
• Analyzing vendor data and preparing supplier negotiation strategies.

KEY ACHIVEMENTS
 Recently on a MRO study drove ~4% savings of (USD) 3M on overall baseline using spend analysis and competitive bidding while driving savings using strategic sourcing tools and benchmarking of prices of services and materials
 Coupa certified super user managed 5+ client engagements side by side
 SPOC ambassador for Supporting Sourcing Activities.
 Enabling strategic synergy opportunities between various functions
 Guest faculty at Cambridge College UK. Introducing Auction to New "EM's & AP's"
 Received Innovation award for streamlining the products and bringing Automation in existing process by using Automation Anywhere.
 Won Numero Uno award which is Bi annual award to recognize people with deep understanding of the business environment and ability to train people for next level.

Assistant Purchase Manager at Maersk
  • India - Mumbai
  • March 2016 to January 2019

part of digital procurement sourcing team where I was responsible to support internal stakeholders in identifying spend for global categories using analytics reports and by generating business insights. In addition, I was also responsible for managing and running end-to-end RFPs on sourcing platforms for categories like, transportation & logistics, warehousing and MRO and providing bid analysis for strategic initiatives to identify areas of growth.
RESPONSIBILITIES
▪ Assisting stakeholders worldwide in preparing RFQ’s and RFI’s for further negotiations with the vendors.
▪ Data analysis and insights to aid in strategy & decision making at various stages of the procurement project cycle.
▪ Analyzing data from various sources e.g:SAP, Business Objects, Ariba, QlikView, Ship manager & Micro Strategy to prepare constructive Business Analysis.
▪ Preparing and publishing Category and Spend mapping analysis reports of the Group Business.
▪ Supporting Stakeholders with bid analysis and supporting negotiating with suppliers.

Senior Analyst at Accenture - India
  • India - Delhi
  • December 2013 to February 2016

Being a part of Inventory and warehouse management team my role was to track and manage shipments of parts and equipments across the globe running behind schedule. Ensuring order fulfillment and supporting other logistics optimization activities by running root cause analysis.
Analytics team was responsible for zero error noise less delivery in meeting the SLA’s with initiatives for automation and cost savings ideas. Where I also managed process excellence and innovation initiatives for better business operations.
RESPONSIBILITIES
▪ Publishing internal reports for Warehouse putaway and inventory management
▪ Order tracking & Order fulfillment for healthcare equipments
▪ SAP data validation & data mining.
▪ Design and Implementation of workflows and processes
▪ Doing automation for effective process flow

Education

Master's degree, High school
  • at IMT Ghaziabad
  • July 2023
Bachelor's degree, Computer Science
  • at UPTU
  • June 2014

Specialties & Skills

Category Management
Project Management
Sourcing
Procurement
ANALYTICS
DATA ANALYSIS
CONSULTING
QLIKVIEW (DATA ANALYTICS SOFTWARE)
WORKFLOWS
INVENTORY MANAGEMENT
MAINTENANCE REPAIR AND OPERATIONS (MRO)
SUPPLY CHAIN
VENDOR MANAGEMENT
DECISION MAKING
ORDER FULFILLMENT

Languages

English
Native Speaker
Hindi
Native Speaker

Training and Certifications

Coups Sourcing Certified (Certificate)
Date Attended:
February 2023

Hobbies

  • Travelling