Summary
Overview
Work History
Education
Skills
Certification
Languages
Activities And Honors
Timeline
Generic
Avneesh Sharma

Avneesh Sharma

Delhi

Summary

Dynamic supply chain and procurement professional with over 12 years of experience in the ITES industry, specializing in purchase management, material planning, and inventory management.

Proven track record of implementing cost-effective procurement strategies that generate significant savings through thorough vendor evaluation and the development of innovative alternatives.

Expertise in negotiating techno-commercial agreements and managing operations to ensure high returns on investment while meeting time, budget, and quality standards.

Recognized for exceptional leadership, planning, and analytical skills, along with a strong commitment to compliance and integrity in all business dealings.

Overview

9
9
years of professional experience
1
1
Certification

Work History

Manager - Global IT Procurement

IGT Solutions Private Ltd.
10.2022 - Current
  • Developed global procurement strategies to optimize supplier performance across multiple countries.
  • Spearheaded global vendor consolidation efforts, reducing the total number of suppliers while maintaining high service levels.
  • Managed the procurement process from purchase order generation to delivery of goods or services.
  • Prepared daily, weekly and monthly procurement reports for supervisor review.
  • Prepared reports on purchasing activity including cost savings achieved through negotiations with suppliers.
  • Built long-term relationships with company vendors and suppliers to secure optimal prices.
  • Maintained up-to-date records of all purchases made by the organization including invoices, contracts.
  • Monitored supplier performance in terms of quality, delivery and responsiveness to ensure compliance with contractual agreements.
  • Researched and compared vendor and supplier prices to make informed financial decisions.
  • Reviewed existing company contracts and negotiated contract terms and revisions with vendors.
  • Provided guidance on sourcing decisions related to product specifications, materials selection and vendor selection criteria.
  • Ensured compliance with relevant laws and regulations related to procurement activities.
  • Analyzed purchasing trends and identified opportunities for consolidating orders and leveraging volume discounts.
  • Performed risk assessments and forecasts on potential contracts and business decisions.
  • Negotiated complex corporate procurement contracts by working closely with internal and external contacts.
  • Formulated and implemented annual purchasing plans and contracts, covering OEM, import, ingredients, materials and equipment.
  • Managed multi-million-dollar budgets, ensuring optimal allocation of resources towards strategic priorities.


Manager – Global IT Procurement

Coforge Ltd (Erstwhile NIIT Technologies)
09.2021 - 10.2022
  • Global Technology sourcing and IT Procurement which includes but not limited to Hardware, Software, Networking & Field/Professional services
  • Managing complete Global IT Procurement operations for Internal as well as customers for locations in US, EMEA & ROW
  • Driving the RFX process (for aligning competitive proposals), Ordering and delivery stages and acting as effective influencer in various stages
  • Identifying strategic suppliers and using supply chain skills to analyze EUC markets and trends
  • Worked on various techno-commercial contracts which includes but not limited to technical understanding of the contract and its obligations & also the commercial negotiations for NDA, MSA & SOW's
  • Coordinating with Procure to Pay Team (P2P) to ensure timely invoice processing and payment release by means of collaborative relationship
  • Working closely with Global sales, Alliance and Business acquisition teams to respond to Customer RFP/RFI's and other Pre-sales deliverables
  • Working with Delivery and Finance teams to align pricing for budgeting purpose
  • Contract Management
  • New partner development and on-boarding as per project requirement
  • Continuous and effective interaction with all stakeholders (Sales, Finance, Delivery) for effectively managing the complete project cycle & meeting the delivery/client expectations
  • Managing supplier performances and resolving their grievances.

Associate Manager – Global IT Procurement

HCL Technologies Ltd
03.2019 - 09.2021
  • Working for HCL GPS (Global Procurement Services) Team for end to end procurement within IT sphere for US, EMEA, APAC and MEA locations
  • Most of projects under my spend influence are HCL's Enterprise customers spread around the Globe
  • Managing a spent of USD 25 Million annually
  • Key Target Areas : Annual cost saving targets, Catalogue Management, Category Management, Closure of Open PO's, Handling Audit queries, Global & Local contract management
  • Responsible for end to end supply chain management (Indent verification), floating RFI & RFP's, negotiating with vendors, placing of orders, following up on deliveries and invoices
  • Entrancing corrective action for Product Costing wherever appropriate
  • Accountable for sourcing the supplies of material
  • Developed specifications in conjunction with users and technical experts wherever appropriate while providing the provision of information on usage and expenditure to budget holders
  • Maximizing Savings through: Spend consolidation, Vendor migration, E – Auctions and External Benchmarking
  • Developing actionable Procurement intelligence relating to internal demand & external market realities to help develop more effective category management services
  • Proficiency in formulating sourcing strategies, handling vendor identification/development
  • Creating and updating the Vendor database
  • Purchase initiatives to conclude purchase contracts on most competitive rates/commercials
  • Consistently reduced Purchase costs of the IT Products/AMC's by improving operational efficiencies.

Assistant Manager – IT Procurement

Impact Infotech
08.2016 - 03.2019
  • Mitigated risks associated with supply chain disruption through proactive contingency planning and open communication with vendors.
  • Spearheaded cost-saving initiatives by identifying opportunities for consolidating purchases and leveraging economies of scale.
  • Collaborated with internal stakeholders to understand their specific IT requirements, tailoring procurement efforts accordingly.
  • Coordinated cross-functional teams for smooth implementation of IT projects, minimizing downtime and disruptions.
  • Maintained strong relationships with suppliers through regular performance reviews and feedback sessions, ensuring continuous improvement in service delivery.
  • Assisted in budget preparation by providing accurate projections of anticipated IT expenditures based on historical data analysis and current market conditions.
  • Evaluated emerging trends in technology and industry best practices to inform strategic procurement decisions that enhance overall operational effectiveness.
  • Provided accurate and up-to-date records of leading procurement procedures.
  • Managed database of vendor details and pricing information to maintain organization.
  • Streamlined purchasing processes for increased efficiency, implementing automated systems and tools.

Education

Bachelor Of Commerce -

Delhi University
01.2002

Skills

  • Project management
  • Supplier relationship management
  • Supply chain optimization
  • Strategic sourcing
  • Conflict resolution
  • Spend analysis
  • Financial acumen
  • Category management
  • Global procurement
  • Budget planning
  • Price negotiation
  • Teamwork and collaboration

Certification

Currently pursuing CPSM (Certified Professional in Supply Management) Certification from ISM India.

Languages

Hindi
English

Activities And Honors

  • Participated actively in all the group activities conducted in school and college.
  • Had been an active member of various sports activities.
  • Active member of numerous community services.
  • Practicing Yoga and fitness courses for self-motivation.

Timeline

Manager - Global IT Procurement

IGT Solutions Private Ltd.
10.2022 - Current

Manager – Global IT Procurement

Coforge Ltd (Erstwhile NIIT Technologies)
09.2021 - 10.2022

Associate Manager – Global IT Procurement

HCL Technologies Ltd
03.2019 - 09.2021

Assistant Manager – IT Procurement

Impact Infotech
08.2016 - 03.2019

Bachelor Of Commerce -

Delhi University

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Avneesh Sharma