Akshat Jain

Dynamic career of 14+ years that reflects rich domestic & global experience and year-on-year success in Supply Chain Management, S&OP Process and Demand Planning & attainment of year-on-year success in achieving IT, Non-IT Procurement Operations, Strategic Sourcing and Techno-commercial Operations objectives

Proven track-record across world class strategic sourcing & procurement organizations; possess deep knowledge of business, and expertise in directing end-to-end procurement operations, with focus on realizing bottom line results, realigning policies in the pursuit of objectives of organization

Skilled in management of techno-commercial operations requiring studies (technical & commercial aspects), failure mode, cost benefit analysis, invoicing, order delivery, contract, RFQ, RFP and RFI, contract renewal, CAPEX, SOW's, contract upgrade & project (transition & AMP)

Comprehensive experience in formulating strategic sourcing strategies, PSC/JOA Agreements to evaluate materials at the warehouse for restraining inventory-ho2lding expenses, LCA, drafting SOW, SLAs, penalty/reward clause

Rich global experience in supplier selection, supplier management, contract development, negotiation, and vendor management and other techno-commercial functions

• BT Director’s Award 2018
• Future Leader finalist, BT Award 2018
• GBS Best Team Manager Award 2017
• VP Award for AI & Transformatn 2017 (Spend Analytics, Pricing Bible Automation)
• CBS Best SCM Category Award 2016
• CIPS SM Asia Award Finalist 2019 (Innovation & Cross-Function Category)
• Mentored two start-ups to set-up their procurement
• Received appreciation from Director-HAL

Project Spring –

In this project we collated our entire spend of BT Technology (OUC) which was around circa 408m GBP over three years. There were around more than 200 applications we were procuring from 8 supplier (which are key technology players in the market as of now). We developed a team of key stakeholders around the world and had an intensive brainstorming to innovate a new operating model. In the new model we divided the entire deliveries in the form of Lots (every lot has a package of common requirements and functionalities) and re-negotiated on that base.

Sponsors: CPO, MD (BT Technology) & VP (Technology).

Duration: Three Years, savings of circa 160m GBP

Project Diamond –

We have carried out a full end to end refresh producing a world class suite of standard procurement contracts. In which, we have developed a new contract framework, having reviewed the standard procurement templates of other organizations of a similar size, scale and complexity. Empowering Procurement, improving their contract experience (e.g. cutting down on unnecessary requirements and simplifying the specialist approvals process).

Sponsors : CPO & Chief Legal Counsel

Duration: First Phase delivered in one year and second phase in progress

Pricing Bible –

Project was based on big data analytics to spot the pattern of our spend in terms of Price Inventory, Supplier Base, Quote Intercepted, Customer Data. This project act as a play book for bid management.

Sponsors : CPO & VP (Indirect)

Duration: Two phases have been delivered in past two years, rest it is on-going project.

Other Projects –

Projects Stroods (HR) – Vendor Management System | Project Novator – Supplier Rationalization

Chartered Institute of Procurement and Supply, London (CIPS Level 4)

Leadership – Demonstrating leadership by leveraging procurement dynamics, in-depth Business acumen, Commercial expertise and market intelligence to deliver generation next “Digital Business” strategy.

Business Acumen and Market Intelligence – Resilient knowledge base on Business models, developing market intelligence and Cognitive Intelligence to deliver Procurement strategy to meet business requirements.

Global Category Management: Category Strategy development and deployment -Strategic sourcing opportunity creation to cater competitive marketplace. Developing Strategic Sourcing strategy to deliver business needs - IT Outsourcing, Go to Market Strategy, Portfolio /Catalogue Strategy, Rebate CoE, Supplier Rationalization and M&S Consolidation.

Commercial & Contract Management: Experience in managing complex ($1bn+) Contract, Demonstrated skill in structuring large contracts, Global deals & Service delivery management.

New Product Initiative enabler – Instrumental in creating new business solutions aligning to business needs and helping business unveil new products. Demonstrating E2E accountability and procurement value, enabling business achieve improved Top Line.

Change and Risk Management – Responsible for attaining the issues and dynamics involved in business changes. Delivering strategy for key areas of supplier risk ensuring robust risk analysis, revising as necessary to reflect changing elements of risk and potential Business exposure.

Team Management and Stakeholder Management : Experience in delivering People Strategy ,Leading a team of Strategic Sourcing and Procurement team ,effectively managing senior stakeholders, cross functional & Multi Country/Continent (Finance, Legal, Technology, Business)

Outsourcing- Vast experience in Outsourcing Contract activity and managing Outsourcing partner – 1bn+ IT Outsourcing strategy delivered by Outsourcing IT capability 

Transformation and Automation: Progressive experience in procurement Transformation and Automation specializing in Procurement Operations, Spend Analytics and Contract Lifecycle management , enabling Innovation opportunities for effective Category management.

Procurement Lifecycle Management : Experience in managing procurement Lifecycle -S2P (Source to Pay) –Demand Management , RFP Management, Techno -Commercial evaluation , Bid Management , Defining Governance Framework ,Contract Negotiation and execution.