Jali Revanasiddappa
Bengaluru
Summary
A seasoned procurement professional with over 10 years of experience specializing in IT and non-IT, Telecom procurement, budgeting, and vendor management. Adept at coordinating with stakeholders and vendors, ensuring efficient processes, and optimal resource allocation. Proven expertise includes multi-unit budgeting, and comprehensive MIS reporting. Skilled in contract management, invoice validation, and vendor audits. Served as a SPOC for audits, ensuring compliance. Experienced in strategic negotiations, fostering vendor relationships, and achieving cost-effective outcomes. Proficient in ERP tools like SAP, Oracle Fusion, and IProcure. Maintained detailed records, and optimized sourcing strategies. A consistent high performer with a positive attitude, capable of managing assignments effectively under pressure.
Overview
11
11
years of professional experience
Work History
Procurement Manager
Jainam Broking Ltd
Bengaluru
08.2024 - Current
- Acted as the Procurement Subject Matter Expert, spearheading supplier management initiatives, and delivering comprehensive strategic reports to drive informed decision-making.
- Coordinated with internal stakeholders to ensure seamless communication and alignment of procurement strategies and processes.
- Delivered INR 2 million in cost savings through strategic procurement and vendor negotiation.
- Optimized budget utilization and aligned procurement strategies to enhance efficiency and achieve key organizational goals.
- Developed and executed strategic negotiation techniques to secure optimal purchase prices, and deliver maximum value to the organization.
- Ensured accurate management of the supplier invoicing process, aligning with the supplied services and contractual agreements.
- Conducted comprehensive quarterly vendor evaluations to assess performance and ensure alignment with Organizational standards.
- Conducted market analysis to identify cost-saving potential.
- Collaborating with cross-functional teams to understand procurement needs and requirements.
- Effectively managing supplier relationships, and resolving any issues or disputes that may arise.
- Offered commercial advice and support to internal stakeholders, enhancing profitable supplier performance.
- Collated and presented relevant information on key measures, activities, and data.
Procurement Senior Manager
Simplilearn Solutions Pvt ltd
09.2021 - 10.2022
- Served as the Procurement Subject Matter Expert, leading supplier management initiatives and delivering strategic reports directly to the Chief Finance Controller
- Designed and implemented procurement policies ensuring compliance with Indian regulations
- Managed budgeting for various business units, ensuring expenses remained within the allocated annual budgets
- Oversaw a portfolio of 150+ active vendors, ensuring strict adherence to company policies and regulatory standards
- Achieved cost savings of INR 60 million in 2022 through strategic procurement initiatives and effective vendor negotiations
- Monitored contract and lease agreement expiry dates, ensuring timely renewals to maintain seamless operations
- Fostered and sustained strong supplier relationships through regular meetings and effective communication strategies
- Ensured optimal budget utilization and aligned strategies to achieve organizational goals effectively
- Maintained comprehensive MIS reports covering Purchase Requisitions ‘PR’, Purchase Orders ‘PO’, invoices, and payment statuses
- Actively participated in internal and external audits, ensuring compliance and addressing key audit requirements
Assistant Manager-Vendor Development
ANI Technologies India Pvt ltd
12.2017 - 09.2021
- Vendor empanelment to bring in best in class vendors to work with Organization
- Effective Vendor Management by cultivating, grooming, and maintaining long term relationships with vendors
- Taking care of Information Technology products and service procurement, it includes software license, IT consumables, network equipments and security equipments
- Involved in Telecom products and service contract and negotiation - ILL, PRI, VMN, SIP connections used mainly in call center
- Driving savings, ensuring high quality of delivery, and optimal TATs
- Perform financial due diligence on all invoices, procurement request
- Ensuring adherence to company policies in letter and spirit without compromising speed of execution
- Negotiation with vendors to arrive at a best price and quality
- Responsible for key strategic supplier selection and contract negotiations relating to the network and Telecom
- Developing sourcing strategies
- Proactively drive enforcement of strategy, identification and realization of savings opportunities to create a competitive advantage for the business and mitigate supply risks
- Supplier governance initiatives and relationship management through regular reviews, visits and supplier audits
- Perform supplier business, financial reviews on quarterly performance and strategic business direction
- Analyze issues at supply market level and supply chain level
- Undertake product research including potential suppliers and competitive products
- Working on the tendering process for obtaining goods or services
- Handle routine purchasing activities or inquiries from various stakeholders and ensure that goods and services are ordered as specified and made available or delivered on a timely basis
- Verifies and ensures that market bids/quotations are regularly updated and that the suppliers current price lists are maintained in the Purchasing System
- Assist the Director of Purchasing in planning and executing vendors quality control audits as required
- Forecasted weekly, quarterly and yearly purchases
- Negotiated for the price and terms of payments as well as the methods and means of delivery
- Generate forecasts, business plan and budget for month and year
- Managed Invoice cycle which includes A/R, A/P
- Generation of invoices and reconciliation
- Maintained and developed vendor relations and communicated all purchasing questions and concerns
- Engaged in all aspects of purchasing including: generating and expediting purchase orders for procurement; maintaining, tracking, adjusting inventory; as well as reconciling and approving invoices
- Strong teaching and training skills to deal effectively with associates
- Strong planning and analytical forecasting skills
- Excellent mathematical and problem solving skills
- Strong experience in indirect purchasing
- Intermediate skills in Microsoft Office (e.g
- Excel, Word, PowerPoint, etc.)
- Good business analysis skills and how to interface with clients and account
- Experience ensuring cost-savings while not sacrificing quality
Senior Procurement Executive
Fidelity Information Services India Pvt ltd
08.2016 - 11.2017
- As a Senior Procurement Executive, I am supporting our internal and external stakeholders requirements in running the business accordingly without any line stop in business by purchasing the needed materials and services on time as well as supporting my team member on their needs
- Handling internal and external stakeholder requirements and create Purchase Orders through SAP and I procure in order to participate efficiently to business need
- Purchasing of all kind of Laptops and Desktops along with accessories
- Placing orders converting PR report into new orders based on the demand in order to get the materials or Services as per the requirements
- Sending it to Suppliers
- After order creation, sending those orders in PDF format to the respective supplier as per agreement and get delivery confirmed on the requested date in order to get it aligned with production planning
- Work on material shortages in order to enable business without any material shortages and make the production go without any line stop which affects the productivity
- Respond to the issues raised, do analysis, suggest / implement work around, communicate to the Facility or Project or HR team and close issues in order to ensure support availability
- Moving out the excess deliveries in Schedule after negotiating with the supplier to prevent excess inventory
- Managing and prioritizing of receiving materials in warehouse as per the schedule and negotiating and returning of material with the supplier if the material is not up to the expected quality
- Responsible for Supplier performance metrics - Relationship Scores for Direct Supplier Including Quality, Cost, OTD ‘On Time Delivery), flexibility for direct Procurement Portfolio
- Ensure suppliers deliver goods/ service as per Purchase Order and proactively follow up to ensure on-time arrival of goods; we will arrange shipment for supplier with Incoterms
- Work towards cost reduction through effective negotiation of spot buys – Direct Procurement in open market
- Negotiate with vendor on price, payment terms & Delivery terms
- Conducting weekly vendors meeting for all contract vendors
- Goods receipt and Invoice verification
- Co-ordinate with bill desk team for payment related queries
Procurement Associates
Xerox Business Service India Pvt Ltd
12.2013 - 08.2016
- Handled issue of RFI/RFQ to the supplier on the basis of buyer & plants request and follow up with the supplier in order to get quotes in the system
- Negotiating Rates with vendors/suppliers
- Ensuring that expectations regarding the materials are met (which are requested on urgent basis)
- Handling any billing issues and unresolved payment matters & escalating it for resolution
- Regularly contacting suppliers to renegotiate prices
- Awarding the Purchase order to the appropriate vendor
- Contact suppliers to resolve missed deliveries, short shipments and pricing discrepancies
- Responsible to amend the vendor contracts based on market price variation
- Worked as Lead Buyer for the high volume commodity Interior and exterior, Power Transmission commodity pool in processing the Request for Quotes and the Purchase Orders thereof under high pressure and stressful conditions
- Maintain a close loop process for critical requests by closely interacting with the plant requestors and suppliers
- Worked on many internal projects which value adds for the company
- Worked as lead for preparing the global reports and presenting the same report to clients on weekly basis
Education
Bachelor of Engineering -
Bapuji Institute of Engineering And Technology
Davangere07-2013
Skills
- Procurement Management
- Vendor Management
- Budgeting
- Contract Management
- Negotiation skills
- Strategic sourcing
- Cost reduction
- Vendor Selection
- Market Analysis
- Risk Mitigation
- Supplier evaluation
- Supplier performance management processes
- Procure-To-Pay systems expertise
- ERP Tools – SAP, Oracle Fusion, Iprocure
Timeline
Procurement Manager
Jainam Broking Ltd
08.2024 - Current
Procurement Senior Manager
Simplilearn Solutions Pvt ltd
09.2021 - 10.2022
Assistant Manager-Vendor Development
ANI Technologies India Pvt ltd
12.2017 - 09.2021
Senior Procurement Executive
Fidelity Information Services India Pvt ltd
08.2016 - 11.2017
Procurement Associates
Xerox Business Service India Pvt Ltd
12.2013 - 08.2016
Bachelor of Engineering -
Bapuji Institute of Engineering And Technology
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