CHETANKUMAR S MATHAD
Bangalore
Summary
Dedicated Sourcing & Procurement Professional focused on delivering strategic sourcing solutions that align with organisational goals. Drives supplier performance through effective relationship management and risk mitigation strategies—leveraging analytical skills to negotiate contracts that maximise value and support business continuity.
Overview
1
1
Certification
13
13
years of professional experience
Work History
Sr Contract Specialist 1
LUMEN IT India Pvt Ltd
BENGALURU
02.2026 - Current
- Managed a portfolio of contracts for various categories HR, Constructions, Travel, monitoring compliance and performance metrics to maintain high standards.
- Negotiated complex contracts with suppliers, focusing on cost reduction and value for the company.
- Monitored external contractors to ensure delivery against contract specifications and quality standards.
- Maintained outstanding relationships with suppliers and clients to keep business profitable, positive and co-operative during contract negotiations.
- Analysed contracts and other documents to ensure company obtained best deals or make amendments when required.
- Negotiated contracts with existing suppliers to obtain best price for service renewal.
- Reviewed and negotiated contracts, from NDAs and master service agreements (MSA)to statements of established procurement guidelines.
- Collaborated with legal departments to identify, analyse and adequately address contractual and commercial risks within contract provisions.
- Led cross-functional teams in the strategic planning and execution of contract negotiations.
- Determined procurement strategies and managed commercial negotiations with suppliers to secure best pricing for lengthy contracted periods.
- Collaborated with legal teams to resolve contract disputes and negotiate settlements beneficial to the company.
Project Manager Strategic vendor Management
First Abu Dhabi Bank Global Business Services
Bangalore
04.2024 - 01.2026
- Managed supplier performance, ensured contract compliance, and strengthened relationship management across various categories to enhance operational effectiveness.
- Monitored vendor KPIs, performed audits, and ensured contract continuity to support seamless supplier operations.
- Conducted supplier risk assessments, developed and implemented mitigation strategies aligned with internal controls to minimise potential disruptions.
- Evaluated vendor risk factors to identify potential issues and implemented mitigation strategies to prevent supply chain disruptions.
- Identify control gaps and potential vulnerabilities in supplier environments.
- Coordinate cross-functional reviews on high-risk supplier contracts.
- Act as escalation point for high-impact incidents and lead post-incident analysis.
- Assessed vendor risk and implemented mitigation strategies to prevent supply chain disruptions.
- Facilitated regular team meetings and stakeholder updates, fostering open communication and collaborative problem-solving.
- Coordinated with clients to define project objectives and requirements, ensuring alignment with business goals.
- Negotiated contracts with suppliers and service providers, securing favourable terms and quality resources for projects.
Associate Manager
JP Morgan Chase Services India Pvt Ltd
Bangalore
07.2018 - 04.2024
- Led global sourcing projects across various categories IT, Travel Real Estate, Marketing, HR etc., including renewals, rate cards, and AMC agreements.
- Negotiated service contracts with legal, finance, audit, and compliance teams.
- Conducted vendor risk assessments and ensured compliance with TPRM framework to mitigate potential risks.
- Designed and tracked supplier KPIs, conducted spend reconciliations, and implemented supplier consolidation strategies.
- Drafted and managed MSA/NDA agreements, including amendments, extensions, and addendums, to maintain vendor relationships.
- Achieved service time and quality targets.
- Engaged with customers to identify needs and enhance service delivery, fostering improved customer satisfaction.
- Maximised customer engagement and satisfaction by delivering excellent customer service.
- Trained and mentored employees to maximise team performance.
Procurement Analyst
Honeywell Technology Solutions India Pvt Ltd
Bangalore
06.2015 - 07.2018
- Executed RFI/RFP/RFQ events and led data analysis for vendor selection.
- Led negotiations with suppliers, securing favourable terms and reducing material costs by 15%.
- Negotiated with suppliers and implemented contracts to secure value for money and maximise resources.
- Managed end-to-end Procure-to-Pay (P2P) cycle, including logistics and vendor coordination.
- Evaluated supplier quotations and conducted comparisons to leverage and deliver on budgets.
- Conducted market research to identify potential suppliers, evaluating their capabilities and compatibility with organisational needs.
- Developed contract management plans to enhance supplier performance and resolve recurring issues.
- Participated in continuous improvement initiatives, suggesting enhancements to procurement and supply chain processes.
- Coordinated emergency procurement activities during critical situations, ensuring uninterrupted supply of essential materials.
Supply Chain Executive
SAI Auto Industries
Bangalore
06.2013 - 07.2015
- Negotiated contracts, oversaw purchase order lifecycle, and ensured timely delivery tracking.
- Managed annual vendor contract renewals and led price negotiations to secure favourable terms.
- Executed RFX processes and generated purchase orders to meet requisition requirements.
Education
Bachelor of Engineering - Mechanical Engineering
Visvesvaraya Technological University (VTU)
KarnatakaSkills
- Supplier relationship management
- Third-Party Risk Management (TPRM)
- Risk assessment
- Process improvement
- Contract negotiation
- SLA/KPI Management
- Supplier performance management
- Supplier performance monitoring
- RFX execution
- Strategic sourcing
- Global sourcing strategy
- Cost optimisation
- ERP systems expertise - Ariba, SAP MM, Oracle Fusion Procurement
- Process improvement
- Stakeholder Engagement
- Team leadership
- Supplier performance monitoring
Certification
- Six Sigma Green Belt – 2016
- Project Management Professional (PMP) – 2021
- Certified Procurement Professional (CPP) – ISM, USA (In Progress)
- SAP MM | Ariba | Coupa – Proficient
Awards
Best Employee Award – Honeywell Q4 2015, Process Star Award – JP Morgan 2019, Pinnacle Award – H1 2023
Timeline
Sr Contract Specialist 1
LUMEN IT India Pvt Ltd
02.2026 - Current
Project Manager Strategic vendor Management
First Abu Dhabi Bank Global Business Services
04.2024 - 01.2026
Associate Manager
JP Morgan Chase Services India Pvt Ltd
07.2018 - 04.2024
Procurement Analyst
Honeywell Technology Solutions India Pvt Ltd
06.2015 - 07.2018
Supply Chain Executive
SAI Auto Industries
06.2013 - 07.2015
Bachelor of Engineering - Mechanical Engineering
Visvesvaraya Technological University (VTU)