Guruduth R.
Bangalore
Summary
Strategic Sourcing and Procurement Leader with 14+ years of experience delivering multi-million-dollar cost savings and operational excellence across Telecom and IT domains. Expertise in end-to-end procurement, category management, contract negotiation, RFX, supplier governance, and stakeholder management. Proven ability to manage $100M+ spend portfolios and lead high-performing P2P teams.
Overview
14
14
years of professional experience
Work History
Sourcing Specialist
Verizon
10.2021 - 12.2025
- Lead strategic sourcing initiatives and vendor management programs, focusing on value delivery and enhancing stakeholder engagement.
- Provide data-driven analysis and industry insights to identify opportunities for cost optimization and organizational savings.
- Identify and evaluate potential suppliers through RFX development, proposal evaluation, and supplier selection recommendations for different categories.
- Engage with diverse, cross-functional teams to align sourcing strategies with contract requirements and organizational objectives.
- Manage the end-to-end vendor lifecycle, from initial onboarding and evaluation to performance monitoring and strategic adjustments.
- Establish and measure vendor performance against agreed-upon Key Performance Indicators (KPIs) to drive continuous improvement and mitigate risks.
- Led complex contract and pricing negotiations (Master Agreements, SOWs, Global Rate Card), consistently achieving an 8-12% average annual cost reduction.
- Developed and implemented Standard Operating Procedures (SOPs) to ensure consistent operational standards and regulatory compliance.
- Engage with Tier-1 and Tier-2 suppliers to build pricing models including Fixed Price, T&M, and Profit-Sharing.
- Handle a cumulative spend of $100M through SOW execution and T&M contracts in Ariba.
- Develop supplier scorecards aligned with SLAs in Master Service Agreements.
Process Lead
Softtek India Pvt. Ltd.
07.2015 - 10.2021
- Owned end-to-end procurement lifecycle from intent to purchase through delivery and contract closure.
- Executed sourcing strategies to achieve lowest total cost while balancing quality and schedule requirements.
- Evaluated demand forecasts, identified suppliers, obtained competitive bids, and finalized sourcing decisions.
- Negotiated and placed Purchase Orders and amendments ensuring audit, cost, and contractual compliance.
- Managed complete procurement documentation including PO placement activities and supplier records.
- Led supplier onboarding, performance reviews, and issue resolution activities.
- Handled blocked invoices, GR/IR issues, and coordinated closely with finance and AP teams.
- Delivered data-driven reports and dashboards supporting leadership decision-making.
- Led and mentored a Procure-to-Pay (P2P) team, ensuring SLA adherence and process excellence.
Replenishment Executive
Myntra Designs Pvt. Ltd.
09.2014 - 06.2015
- Managed the daily end-to-end replenishment cycle for assigned categories (e.g., Apparel, Footwear, or Beauty).
- Monitored inventory levels across regional fulfillment centers (FCs) and initiate inter-warehouse transfers (IWIT) to prevent stock-outs in high-demand regions.
- Assisted in Open-to-Buy (OTB) planning and track in warding schedules to ensure vendors deliver as per the agreed timelines.
- Analyzed sales data to identify "Selection Gaps" in specific regions.
- Maintain daily/weekly dashboards for key metrics: Fill Rate, In-stock %, Inventory Turnover, and DOH.
- Conducted RCAs for stock-outs or overstocking and implement corrective actions.
- Coordinated with the Revenue team to ensure adequate stock levels during high-traffic events like the End of Reason Sale (EORS).
- Coordinated with Warehouse/Operations teams to manage inward capacity and resolve bottlenecks during the receiving process.
Procurement Specialist
Siemens Technology & Services Pvt. Ltd.
08.2011 - 09.2014
- Coordinated directly with suppliers to expedite deliveries and ensure material quality and quantity compliance.
- Managed end-to-end procurement from demand creation through payment closure.
- Reconciled invoice discrepancies, resolved GR/IR issues, and managed SAP workflows.
- Worked closely with Accounts Payable teams to resolve invoice clarifications and internal escalations.
- Generated and released Purchase Requisitions in SAP-MM for hardware, software, and services.
- Evaluation of the requisition and approving the requisition by reviewing the supplier with competitive Quotes and assigning the lowest bid.
- Ensuring maintenance of excellent relations with Clients and Suppliers to generate avenues for additional business and retaining customers for future business excellence.
Education
MBA - Finance
VTU
01.2011
CPSS - Certified Professional in Strategic Sourcing
ISM
Skills
- Strategic Sourcing
- Procurement & Buying
- Contract Management
- IT Services (SOW & T&M)
- Spend Analysis
- Supplier Management
- RFX & Negotiations
- Invoice Resolution
- Stakeholder Management
- Process Improvement
- Vendor management
- Cost optimization
- Cross-functional collaboration
- Problem solving
- Supplier evaluation
Accomplishments
- Received more than Recognizing you award from the stakeholders in Verizon
- Voice of management Award – Softtek (Client Appreciation)
- Multiple Star of the month Award – Softtek
- Certificates for customer appreciation & Process Improvement – Siemens
- Key Contributor to Special Project Initiatives at Siemens
Disclaimer
I hereby declare that the above-mentioned information is correct up to my knowledge and I bear the responsibility for the correctness of the above-mentioned particulars.
Personal Information
- Date of Birth: 04/24/88
- Nationality: Indian
- Marital Status: Married
Timeline
Sourcing Specialist
Verizon
10.2021 - 12.2025
Process Lead
Softtek India Pvt. Ltd.
07.2015 - 10.2021
Replenishment Executive
Myntra Designs Pvt. Ltd.
09.2014 - 06.2015
Procurement Specialist
Siemens Technology & Services Pvt. Ltd.
08.2011 - 09.2014
MBA - Finance
VTU
CPSS - Certified Professional in Strategic Sourcing
ISM