venkatesh srinivasan

head of procurement at Accor

• India - Delhi
• My current job since January 2006

Senior Procurement Manager, Triguna Project
Materials Manager, Pullman Gurgaon
Materials Manager, Novotel Hyderabad Airport
Purchasing Manager, Novotel Hyderabad Convention Centre & HICC, Hyderabad
Currently providing leadership and direction for procurement of MEP, FFE and OSE across six projects of Accor in Delhi & Chennai.
Key Achievements
 Achieved significant cost saving by implementing strategic initiatives
o Negotiated with suppliers on lower quote rate to record 2% saving on order worth INR 850 Cr.
o Institutionalized value engineering initiatives to register 22% saving against budget.
o Nurtured a robust pool of local and global vendors for high quality and timely procurement.
o Streamlined policies and processes for inventory management to minimize inventory loss (2% at present)
o Orchestrated resources for effective manpower utilization; have 3 store personnel for 5 hotels.
o Negotiated annual maintenance contracts at time of procurement to enhance operational efficiency.
 Institutionalized strict budgetary controls to register saving against budgeted values.
 Singlehandedly managed procurement for Pullman Gurgaon Central Park, saving cost of hiring consultants.
 Finalized budget for pre-opening and operating equipment supplies and parts for FFE Novotel Hyderabad Airport and Pullman Gurgaon Central Park.
 Streamlined procurement processes and AMC contracts leading to a saving of INR 54, 00, 000 (USD 128, 571)
 Finalized pan India contract for major consumed items.
 Coached and mentored a high performing team; Seven team members are leading procurement function in various Accor group companies.

Assistant Purchase Manager at GRT Grand, Chennai

• India - Chennai
• April 2005 to February 2008

Purchase Manager at Traders Hotel (Shangri-La Group), Chennai

• India - Chennai
• December 2004 to October 2005

Store Officer  Purchase Officer at Hulhule Island Hotel, Maldives

• Maldives
• May 2000 to August 2002

Purchase Executive at Welcome Group Park Shereton Hotels & Towers, Chennai

• India - Chennai
• September 1993 to October 1999

Key Projects: Welcome Group Grand Bay, Vizag; Welcome Group Sullivan Court, Ootacamund (Ooty) and renovation at Welcome Group Park Shereton, Chennai