LOKESH GARG
New Delhi
Summary
Excellence of 21+ years in Strategic Planning, Procurement, Supply Chain Management, Budgeting, Vendor Development, Bidding, Inventory management, Project Management & Execution, Expediting, Cost optimization and Commercial operations with industry leaders. Development of Procurement plans, driving Vendor Development initiatives, sourcing of diverse categories across multiple disciplines in Oil & Gas industry, effective price discovery with competitive techno-commercial terms. Experience in strategy planning for Project Procurement, Total Cost of Ownership, INCO terms, Inventory Management, Expediting, and Logistics Synchronization, etc. and hands on SAP and Ariba system. Adept at attaining service deliverable and experienced in team management & improvement in efficiency of operations.
Organized and dependable candidate successful at managing multiple priorities with a positive attitude. Willingness to take on added responsibilities to meet team goals.
Overview
2025
2025
years of professional experience
1980
1980
years of post-secondary education
Work History
Bus Delivery Associate Manager
Accenture India Limited
Gurgaon
5 2023 - Current
- Supporting Canadian Oil and Gas Client in S2C services
- Responsible for supporting the Client for Equipment category, managing spends more than 2 Bn USD
- Successfully managed bid cycles for Oil and Gas services procurements and contracts, resulting in significant cost savings and improved operational efficiency
- Identified and implemented cost/productivity improvement opportunities contributing to enhanced profitability
- Led strategic sourcing projects, encompassing strategy development, supplier negotiation, and contract execution, leveraging an Agile approach for efficiency
- Provided comprehensive industry and supplier research, market intelligence, supporting well-informed decision-making
- Evaluated and managed liabilities in customer contracts, providing advice and facilitating successful contract negotiations
- Developed relevant RFP documents for projects and delivered recommendations for incumbent negotiations
- Led formal strategic sourcing efforts in capex and opex related categories, achieving best-in-class deals
PSCM
Cairn India Ltd (Vedanta Limited)
08.2021 - 04.2023
- Developed a strategic sourcing framework under the purview of PSC, JV (ONGC) partner agreement and guidelines
- Successfully negotiated, managed and administered the EPC Contracts, LSTK, MSA, with primary and leading contribution in defining the contract strategy, Preparation of ITB, identification & pre-qualification of potential vendors through global EOI as well identity best sources available for the required products/ services
- Leading the complete contract life cycle activities starting from formation of tender documents to contract negotiation, management and administration; terms and Conditions w.r.t the specific Project, fulfilling the commercial requirement, price Schedules, Timelines for delivery requirements
- Arrange for QA inspector and project team for shop survey and appraise the vendor management team to include the vendor in the vendor master list
- Communicates regularly with key stakeholders to ensure alignment of business objectives and to build a clear understanding of business requirements
- Expediting done to ensure that materials, equipment, and services delivered on time
- Coordinated with suppliers, contractors, and stakeholders to monitor and resolve issues that might have cause delays
- Conducted weekly meetings with sub-contractors and review progress
- Visit also made to the suppliers and sub-suppliers works to ensure timely deliveries
- Reporting the status to stakeholders etc
- Identification, scoping and performance improvement projects for 'business process development' across procurement and supply chain management functions viz
- PR to PO and Contract Award to Contract Close-out
- Material / Services Sourcing, Category management, contracting support, Transaction Processing, Vendor Creation, Supplier on boarding on Ariba and SAP, Tactical Buy, Strategic Sourcing, issuing Request for Information (RFI), Request for proposal (RFP), Request for Quote (RFQ) etc
- Bid Evaluation, Contract Lifecycle Management, Risk management, Contract drafting Red lining & due-diligence, Invoice processing, Statement reconciliations, Payment processing etc
- Defining Procurement strategies, alignment with Project team on with respect to major changes in systems integration and process re-engineering requirement if any
- Work towards reduction of cost throughout the Project cycle
- Internal and external audits support for Procurement and Supply Chain Management function
- Driving sourcing savings through negotiation and implementing appropriate contracting strategy
- Resolution and support for making timely payment to the Vendors
- Issuance of amendment and Variation orders as per contract framework
- Ensuring compliance to HSE, business ethics, Gift and Entertainment policy of the Company
- Supported for amicable settlement with vendors towards legal proceeding etc
DGM – Procurement
Hartek Power Private Limited
Mohali
12.2020 - 02.2021
- Looking after group Procurement and Contracting for EPC, Solar etc
- Developing strategies for effective functional activities
- Re-defining terms and conditions and other procurement policies for the group
- Communicates regularly with stakeholders to ensure alignment of business objectives
- Identifying new bidders and savings through negotiation and implementing appropriate contracting strategy
- Some of the key items for the various projects work handled- Transformers, VCB, LT panels, HT and LT Cables, Lightening Arrestor, Cable trays, Structural, earthing material, UPS, Jointing kits, Steel, Cement, Aggregate along with Transportation Civil work Contracts, Electrical Contracts etc
- Spent of around INR 140 Crore
Senior Manager - Procurement
Kazstroy Petron India Pvt. Ltd
Gurgaon
09.2006 - 05.2013
- Company Overview: (KazstroyService Infrastructure India Pvt
- Ltd)
- Team player for project management from bidding stage to firm enquiry, vendor selection, inviting bids, techno-commercial comparison, price finalization, resolving techno-commercial queries, cross functional meetings, open issues management, proper communication regarding project requirement, MIS reporting, evaluation of suppliers’ facility and finalization of purchase agreement
- Responsible for analyzing the materials requirement of Project Material and Capital Equipment in terms of quality & quantity for the various sites of the company
- Coordinating with Engineering and construction teams in India and in Kazakhstan as per project requirements
- Looked after import and export requirements of project material/ Equipment, Documentation preparation for custom clearance of material, Coordination with CHA and interaction with customs for speedy clearance of material
- Coordination with Bank for L/C opening or direct payments and related matters to imports and exports
- Responsible for Planning and Organizing procurement of all types of material for project, stores and spares and capex items and monitoring and optimizing the landed cost of materials on continual basis
- Spearheading efforts across handling functions pertaining to Material Sourcing, Logistics & Supply Chain while facilitating the process of Vendor Sourcing for achieving cost effective purchases and reduction in delivery time; designing and executing systems for inventory management and logistics management to improve the efficacy of processes
- Conducting feasibility studies for all new projects / programs and conceptualizing and implementing innovative measures/ policies to optimize resources and capacity utilization thereby increasing efficiency
- Responsible for negotiating best techno commercial input cost with vendors
- Structuring annual operational budget and implementing control measures to contain expenses within defined limits
- Develop new vendors and negotiate with them to supply best qualitative products on most competitive prices
- Identify risk involved, mitigation of risk clear bottlenecks, and take proactive measures in order to get material processed; alternate sources for getting the material in time
- Expedite with vendors to ensure timely delivery, clear bottlenecks, monitor, evaluate, prepare reports and advise project
- Visit vendor works for rigorous follow up
- Ensure material systems are maintained and update documentations etc.
- (Kazstroy Service Infrastructure India Pvt
- Ltd)
- Some of the key items for various projects work handled- Various items for Pipeline construction, Road Construction and Civil constructions etc
- Spent of around USD 20 Million
Manager
Reliance Industries Limited
10.1996 - 08.2006
- Managed the purchasing and sales of food-grade PET (Polyethylene - terephthalate) for the manufacture of bottles and containers in the northern region and enabled the control of all purchasing activities
- Responsible for material procurement, price negotiation, market research, as well as review and analysis of information on purchase requisitions in order to ensure that they comply with the organization's standards
- Subsequently developed leads and undertook various promotions for business growth
- Drew up plans for cost effective buying through procurement strategy in coordination with different agencies involved
- Instrumental in handling tax related matters of the company including timely filing and assessment of tax returns including Sales Tax & Excise
- Supervised the inspection of all supplies & services purchased to insure conformance with specifications
- Effective management of operations and ensured maximum customer satisfaction through providing quality service, value-added service & an experience of difference from the rest
- Streamlined Inventory Management System and Procedure for effective stores management and inventory control and ensure ready availability of materials to meet the production targets
- Efficiently carried out warehousing operations by assuring optimal inventory levels to attain maximum cost savings with minimum holding of stock
- Maintained adequate inventory of stock and replenishing it based on demand/supply forecasts, also conducting perpetual stock verification and documentation
Procurement Officer
Punj Lloyd Ltd.
02.1994 - 09.1996
- Handled several corporate clients such as ONGC, Indian Oil Corporation, Hyundai and SKODA etc
- Implemented innovative cost-reduction strategies using simultaneous supply methods
- Led the effort across designing an effective system for on-line procurement and procurement planning using state-of-the-art tools
- Successfully developed and institutionalized criteria for reliable vendor selection
- Responsible for procuring the various items for like goods and consumables from reputed suppliers/ vendors at right prices with best quality
Purchase Executive
Usha Rectifier Corporation (I) Ltd.
06.1991 - 01.1994
- Key part played in exporting iron and chrome ore through MMTC, TV rectifiers to USA and generated positive sales leads from Europe
- Successfully managed the supply needs of Hindustan Copper Ltd., Khetri Rajasthan
- Effectively managed the import of paper consistency transmitters and medical equipment
- Sourced equipment from Japan for the World Health Organization
Education
Graduate Diploma - Materials Management
Indian Institute of Materials Management
Certificate Course - Export Marketing
Indian Institute of Foreign Trade
Bachelor of Science -
University of Delhi
New Delhi, India 04.2001 - 01.1989
Skills
Sourcing & Procurement
Strategic Cost Reduction
Negotiation
Contract Management
Expediting
Procurement Planning
Inventory Management
Commercial Operations
Resource Management
Project Management & Execution
Vendor Development
References
- Mr. K B Singh, 09811307321, MD, M/s K B Singh & Associates
- Mr. Aditya Agarwal, 9810872511, Director, M/s Fluor India Limited
Personal Information
Date of Birth: 11/05/68
Timeline
PSCM
Cairn India Ltd (Vedanta Limited)
08.2021 - 04.2023
DGM – Procurement
Hartek Power Private Limited
12.2020 - 02.2021
Senior Manager - Procurement
Kazstroy Petron India Pvt. Ltd
09.2006 - 05.2013
Bachelor of Science -
University of Delhi
04.2001 - 01.1989
Manager
Reliance Industries Limited
10.1996 - 08.2006
Procurement Officer
Punj Lloyd Ltd.
02.1994 - 09.1996
Purchase Executive
Usha Rectifier Corporation (I) Ltd.
06.1991 - 01.1994
Certificate Course - Export Marketing
Indian Institute of Foreign Trade
Bus Delivery Associate Manager
Accenture India Limited
5 2023 - Current
Graduate Diploma - Materials Management
Indian Institute of Materials Management
Similar Profiles
Vishwa G BhatVishwa G Bhat
Order to Cash Analyst at Accenture India Private LimitedOrder to Cash Analyst at Accenture India Private Limited
VRUSHALI KISHOR KAPDEKARVRUSHALI KISHOR KAPDEKAR
Python With Azure Developer at Accenture India Private LimitedPython With Azure Developer at Accenture India Private Limited
Pranjali SawantPranjali Sawant
Customer Service Associate at Accenture India Private LimitedCustomer Service Associate at Accenture India Private Limited