Swimming, Hiking and Music
Chandranathan Venkatraman
Procurement Professional
Bangalore
Summary
Agile and skilled Leader with over 19 years of rich experience in Strategic Sourcing and General Procurement. Have Proficient experience with stellar history in Vendor Management, Category Management, Contract Management, Tactical buying, Transition of Accounts, Procure to Pay, Business Operations, Client Management, Category and Spend Management.
Strive to bring the change in every domain touched to creates enormous value to clients, customer's and the company.
Always trail-blaze to explore new opportunities and leave the legacy by setting new Standards.
Overview
19
19
years of professional experience
Work History
SRM OEM Distribution
IBM India Pvt Ltd
Bangalore
11.2021 - Current
- Manage relationship with OEM distributors to reduce OEM spend and channelize through preferred Distributors as Company Strategy.
- Manage $100+ Million spend with distribution across various lines of business and responsible for 15% year on year savings.
- Manage vendor line card updates with Distributors and solely responsible for reduced uplifts.
- Manage relationship with Distributors and IBM clients to establish cost-effective products and services.
- Increased global supply chain efficiency and development by leading cross-functional teams and enabling supplier integration and management technology tools, upgrades.
- Collaborate with Global team(Global Sourcing Leaders) to assess and understand standard/partner discount offered by Oem's to achieve Fair value and to negotiate on reduced uplifts with Distributors.
- Responsible for Suppliers contract renewals, negotiations & Supplier compliance-such as Procurement Integrity Focus, Responsible Business Alliance agreements sign off, and Social and Environmental Management System compliance.
- Responsible to achieve and support, business and functional goals including Procurement, manage stakeholders, devise Tech Products category management plan, manage pipeline of spend and manage Strategic suppliers/Distributors.
- Assess top 10 OEM spend through distribution and engage competitive Suppliers to achieve Fair Value and Savings to meet tribe target.
- Analyze monthly, quarterly and yearly spend. Forecast renewals, negotiate significant deals, increased payment terms & Pipeline reporting.
- Reporting Head winds and tailwinds on Spend variance, Savings and other metrics to Tech Products Council Chair on monthly MOR's.
Canada Marcom Lead
IBM India Pvt Ltd
Bangalore
01.2020 - 11.2021
- Managed $50Million spend associated under key silo's under Marcom category for Canada region which includes Advertising, Meeting and Events, Promotion Products, Telemarketing, Awards and Recognition.
- Liaised with directors of sales and marketing to manage and deliver marketing events and ensure on time PO payments.
- Managed suppliers for promoting IBM products in building brand recognition.
- Coordinated with Management teams for budget discussion to conduct meeting and events and to increase brand image of Company.
- Several suppliers in Marcom had pass-through payments and regular payments. Tax issues for Marcom suppliers were fixed which led to Supplier and Client Sat.
Iteration Manager
IBM India Pvt Ltd
Bangalore
01.2019 - 12.2020
- Led Sourcing team of 9 members who managed Tech Products Category.
- Process lean program by closing simple SOW process for Jem(Preferred) Suppliers who had SRA SOW and Jigsaw SOW.
- Cost focal, reporting of head wind and tailwinds for assessing targets for the year.
- Played significant role in attaining results for Canada tribe on Cost take out & Procurement Savings.
- Double hatted role as Marcom lead for Canada region.
- Devised test plans to validate accuracy of Quotes, Contracts, and timely PO audits.
Senior Strategic Sourcing Buyer
IBM India Pvt Ltd
Bangalore
06.2012 - 12.2018
- Managed Complex bids for Tech Products and Maintenance Category which had spend of over $100Million for North America region.
- Supplier selection through competitive bid analysis and channelize spend through JEM/Preferred suppliers which resulted in 20% savings year on year.
- Analyzing Bid Proposals, collaborating with Clients and Sourcing Mgr. & Performing Source Selection & Fair Value (SSFV) for over the clip level engagements.
- Negotiate and Execution of Contract, managing renewals and supplier relationship, and ensuring hassle free payments to vendors.
- To follow Blue Book policies and guidelines to ensure Compliance of Business Controls & Integrity.
Team Lead-Sourcing
Accenture India Pvt Ltd
Bangalore
07.2005 - 05.2012
- Transitioned Procure to Pay, Vendor Management process from Ireland to Bangalore for a Pharmaceutical company.
- Transitioned Accounts Payable Process from US to Chennai for an Oil refining major.
- Transitioned Requisition fulfillment/Tactical buying process from US to Delhi- for a Global Bank.
- Managed team of 20 associates, responsible for their training, performance, audit compliance, & their performance evaluation including career development.
- Direct Client facing Leader responsible for Process, People, Reporting and other matters including Sourcing requests, Price Negotiation, Contract management, PO processing, attaining SLA's, Reporting, Audit compliance, Setting targets to team, Career progressions, Frequent SIPOC reviews, process improvement, & CSAT.
Senior Customer Service Associate
ICICI One Source Pvt Ltd
Bangalore
11.2004 - 07.2005
- Delivered exceptional customer service for Chase bank project and shared best practices with colleagues to enhance their performance.
- Developed and maintained strong relationships with customers to foster business.
Education
MBA - Finance
Sikkim Manipal University
Bangalore 01.2007 - 2008.12
Bachelor of Commerce-Bangalore University - Advanced Financial Accounting
Government First Grade College
Bangalore 07.1999 - 2002.04
Skills
Supplier Relationship, Sourcing, Procure to Pay, Client Management, Transition, Contract Management, Team Management, Business Controls and audit Compliance
Accomplishments
- Played a significant role in channelizing the Oem spend through Preferred Distribution that resulted in $10Million Savings without having our Organization to be the importer of record.
- Led the Pex pilot project for transitioning the Contract Management tool from Emptoris to Ariba.
- Played a significant role in IBM-Kyndryl spun off with great expertize in PO transition from SAP ERP system onto Ariba.
- Down selected to travel Canada in the year 2012 and 2014 at IBM.
- Being Cherry picked for successful Process transition at Accenture as follows:
- Transitioned Procure to Pay and Vendor Master process from Ireland to Bangalore.
- Transitioned Accounts Payable Process from US to Chennai.
- Transitioned Requisition fulfillment/Tactical buying process from US to Delhi.
Interests
Timeline
SRM OEM Distribution
IBM India Pvt Ltd
11.2021 - Current
Canada Marcom Lead
IBM India Pvt Ltd
01.2020 - 11.2021
Iteration Manager
IBM India Pvt Ltd
01.2019 - 12.2020
Senior Strategic Sourcing Buyer
IBM India Pvt Ltd
06.2012 - 12.2018
MBA - Finance
Sikkim Manipal University
01.2007 - 2008.12
Team Lead-Sourcing
Accenture India Pvt Ltd
07.2005 - 05.2012
Senior Customer Service Associate
ICICI One Source Pvt Ltd
11.2004 - 07.2005
Bachelor of Commerce-Bangalore University - Advanced Financial Accounting
Government First Grade College
07.1999 - 2002.04
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