Abhishek Paul
Senior Associate Contract Management
Hyderabad,TG
Summary
Results-driven Contract Management and Strategic Sourcing professional with 12+ years of experience across enterprise procurement, supplier negotiations, and end-to-end contract lifecycle management. Currently focused on strategic sourcing and contract governance across Diagnostics Products & Services and IT categories, driving commercial value while ensuring legal, financial, and compliance alignment.
Extensive experience in drafting, reviewing, and redlining complex commercial agreements, managing renewals, amendments, pricing holds, and approvals, and partnering closely with Legal, Finance, IT Security, and Category stakeholders to mitigate risk and support business continuity. Demonstrated success in leading supplier negotiations, delivering cost optimization, and structuring contracts that balance operational requirements with long-term value creation.
Highly analytical and detail-oriented, with a strong ability to manage large volumes of data, identify sourcing and contract performance trends, and proactively resolve workflow and compliance challenges. Recognized for a collaborative communication style, stakeholder trust, and the ability to translate business needs into commercially sound, executable, and scalable contracts, contributing to supplier performance, operational efficiency, and continuous improvement.
Overview
12
12
years of professional experience
Work History
Senior Associate Contract Management
Quest Diagnostics
03.2025 - Current
- Lead sourcing activities for Diagnostics Products & Services and IT categories, supporting enterprise procurement initiatives
- Handle sourcing across sub-categories including:
Diagnostic kits, reagents, instruments & consumables
Lab equipment maintenance & service contracts
IT software licenses, SaaS subscriptions & IT services - Conduct supplier evaluations, pricing analysis, and commercial comparisons to support sourcing decisions
- Support RFQ/RFP activities and supplier negotiations in coordination with Category Managers
- Manage end-to-end contract lifecycle including drafting, redlining, renewals, amendments, and term negotiations
- Partner with Legal, Finance, IT Security, and Business stakeholders to finalize compliant supplier agreements
- Support pricing governance and approval workflows for sourcing and renegotiated proposals
- Maintain contract accuracy and sourcing records across Coupa, Ariba, and PeopleSoft systems
- Act as a single point of coordination between internal stakeholders and suppliers
- Support cost optimization, risk mitigation, and continuity of supply in a regulated healthcare environment
Senior Procurement Analyst
Franklin Templeton Investments
08.2022 - 03.2025
- Partnered closely with internal stakeholders and suppliers to ensure on-time delivery of products and services, aligning execution with contractual commitments, sourcing timelines, and business demand.
- Led contract drafting, review, and redlining activities, negotiating commercial and legal terms to ensure compliance with company policies, minimize contractual risk, and protect business interests.
- Negotiated long-term supplier agreements, securing price stability, volume-based discounts, and favorable commercial terms, supporting cost optimization and supply continuity.
- Managed the end-to-end RFI, RFQ, and RFP processes, including supplier shortlisting, bid analysis, scoring, and evaluation based on cost, quality, risk, and strategic alignment, enabling data-driven sourcing decisions.
- Reviewed and validated contract documentation to ensure adherence to applicable laws, regulatory requirements, and internal governance standards.
- Collaborated extensively with Legal, Finance, and cross-functional teams to align contract terms with organizational policies, approval frameworks, and risk mitigation strategies.
- Played a key role in complex contract negotiations, renewals, and amendments, leveraging strong stakeholder and vendor management skills to secure mutually beneficial outcomes and sustain long-term supplier relationships.
- Monitored and evaluated supplier performance, ensuring compliance with contractual SLAs related to quality standards, invoicing accuracy, and delivery timelines.
- Conducted spend analysis across categories to identify cost drivers and sourcing opportunities, recommending pricing and supplier strategies that supported budget optimization, value realization, and operational efficiency.
Analyst – Procurement & Contract Support
Corteva Agriscience
01.2018 - 08.2022
- Supported regional and global buyers with competitive sourcing events to drive cost savings
- Assisted in supplier onboarding, pricing comparisons, and sourcing recommendations across regions
- Managed supplier contracts and agreements for the North America region, including renewals and amendments
- Supported contract compliance checks, documentation accuracy, and internal approvals
- Coordinated with buyers and stakeholders to ensure contract terms were executed as agreed
- Resolved vendor disputes related to pricing discrepancies, blocked invoices, and payment terms
- Maintained supplier relationships and supported continuous improvement initiatives
Procurement Process Specialist
Infosys BPM Ltd
01.2017 - 01.2018
- Supported indirect procurement operations for a global automotive client
- Released and validated POs via SRM, coordinated RFQs, and pricing updates
- Supported supplier contract renewals and pricing governance activities
- Worked with AP teams and suppliers to resolve invoice discrepancies
Buyer
Netlink Software Private
12.2013 - 12.2016
- Executed sourcing and procurement of indirect materials including mechanical and electrical components
- Identified and onboarded new suppliers to improve cost, service levels, and turnaround time
- Validated RFQs, processed urgent procurement requests, and resolved vendor disputes
- Supported audits and RCA activities for quality and production issues
Education
MBA - Logistics, Materials & Supply Chain Management
Liverpool John Moores University
Liverpool, UK 04.2001 -
Advanced General Management Program - Advanced General Management Program
IMT Ghaziabad
Ghaziabad, India 04.2001 -
Bachelor of Engineering - Computer And Information Sciences
Bansal Institute of Research & Technology, Bhopal
Bhopal, India 04.2001 -
Skills
Contract Lifecycle Management (CLM)
Tools
- Coupa
- SAP Ariba
- SAP
- PeopleSoft
- Microsoft Excel & PowerPoint
Timeline
Senior Associate Contract Management
Quest Diagnostics
03.2025 - Current
Senior Procurement Analyst
Franklin Templeton Investments
08.2022 - 03.2025
Analyst – Procurement & Contract Support
Corteva Agriscience
01.2018 - 08.2022
Procurement Process Specialist
Infosys BPM Ltd
01.2017 - 01.2018
Buyer
Netlink Software Private
12.2013 - 12.2016
MBA - Logistics, Materials & Supply Chain Management
Liverpool John Moores University
04.2001 -
Advanced General Management Program - Advanced General Management Program
IMT Ghaziabad
04.2001 -
Bachelor of Engineering - Computer And Information Sciences
Bansal Institute of Research & Technology, Bhopal
04.2001 -