Binny Varghese

• Management of 10 procurement executives ( 5 AVP’s and 5 Analyst) in delivering procurement solutions across the bank
• Management of complex categories like Professional services (IT & Business Professional Services)
• Managing complex stakeholder relationship and escalation process
• Managing complex deals based on Agile story point based costing, Managed Service contract and Managed Outcome deals.
• Developed and implemented performance improvement strategies and promote continuous improvement.

Benefits Delivered:

• In 2020, team supported & managed ~70% of the category volume's i.e 1,614 reqs out of a Total of 2097 which includes 275 Managed Outcome & 52 Managed Services deals with an annual spend of over 500 mCHF.
• For 2021 YTD, team managed a total spend of 349 mCHF which translate to ~77% of the category volume i.e, 704 out of a total 900 reqs YTD).
• Execution Control co-member for the category IT&BPS to highlight key risk and KPI/SLA misses.
• Implemented Governance structures for teams to collaborate on Fixed Price & Managed Service engagements to mitigate contractual risk and to enhance cost management/savings.

• Managed buying activities with respect to varied categories like Software, Hardware, Non- IT purchases Conduct & facilitate tendering processes
• Review, Analyze and provided inputs on commercial & secondary commercial clauses liaising with legal counsel for feedback on contract
• Contract renewal management
• Supported Categories like Market Data, Subs & Pubs, Software and other Non IT categories
• Helped with planning schedules & coordination with suppliers for contract renewals, RFX and other buying related aspects