PARESH BHURAT
Mumbai
Summary
Strategic Procurement and Digitalization Leader with a robust background in optimizing indirect procurement and driving digital transformation initiatives. Proven track record of delivering significant cost savings, enhancing supplier performance, and ensuring compliance within global organizations underscores a commitment to excellence. Expertise spans strategic sourcing across diverse indirect categories, including IT, HR, and professional services, while proficiency in advanced procurement tools and analytics facilitates workflow automation and efficiency improvements. Recognized for a proactive approach to problem-solving and process optimization, consistently achieving 3-5% year-over-year cost savings through innovative strategies and effective team leadership.
Pursuing full-time role that presents professional challenges and leverages interpersonal skills, effective time management, and problem-solving expertise.
Detail-oriented individual with exceptional communication and project management skills. Proven ability to handle multiple tasks effectively and efficiently in fast-paced environments. Recognized for taking proactive approach to identifying and addressing issues, with focus on optimizing processes and supporting team objectives.
Overview
18
18
years of professional experience
1
1
Certification
Work History
Commodity Head – IT & Services and Goods
Siemens Limited
08.2025 - 11.2025
- Led strategic sourcing for indirect materials, drove procurement digitalization, negotiated contracts, conducted business reviews, led spend analysis, championed compliance, and mentored a team of procurement professionals.
- Directed strategic sourcing initiatives across indirect spend categories, encompassing IT (Hardware, Software, Application Management services & Communication), HR, professional services, and platforms, managing an annual spend of approximately EUR 78M.
- Engineered and implemented procurement strategies adhering to global Siemens standards and local compliance frameworks, enhancing operational efficiency.
- Orchestrated procurement digitalization by deploying Jaggaer, Fieldglass, OneSRM, Source 2Contract, Sherpa X, and Pega, streamlining sourcing processes, automating supplier onboarding, and facilitating catalog buying.
- Conducted rigorous negotiations for high-value frame contracts and SLAs with premier vendors, optimizing cost-effectiveness, quality assurance, and regulatory compliance.
- Executed quarterly business reviews (QBRs) with key vendors and internal stakeholders to bolster performance, enhance efficiency, and foster innovation.
- Spearheaded comprehensive spent analysis, demand forecasting, and supplier consolidation initiatives to augment transparency and expedite cycle times.
- Advocated for robust compliance and governance frameworks, introducing supplier performance KPIs, audit-ready documentation, and strict regulatory adherence.
- Mentored and guided a diverse team of procurement professionals, cultivating a culture of continuous improvement and organizational resilience.
- Developed and executed strategic sourcing initiatives for IT and services categories, optimizing supplier selection and contract governance.
- Conducted comprehensive market analysis to identify emerging trends and leverage opportunities for cost savings.
Head Procurement Business Partner
Seimens
05.2023 - 08.2025
- Led category planning, vendor negotiations & contract governance to advance cost efficiency and compliance.
- Enabled cross-functional alignment across business units, improving risk management and operational agility.
- Drove sourcing strategies that improved service quality and executive decision-making.
- Achievements: Delivered consistent year-over-year cost savings of 3-5% through the implementation of TCO models, e-auctions, and strategic tail spend aggregation.
- Implemented cost-saving initiatives, resulting in significant reduction in operational expenses.
- Increased client satisfaction by streamlining business processes and implementing innovative solutions.
Senior Manager – Indirect Procurement (India Region)
Siemens Group
08.2017 - 05.2023
- Directed indirect procurement strategy for India across IT, HR, professional services & corporate categories.
- Managed sourcing, negotiations & contract lifecycle to strengthen governance and improve savings.
- Enhanced procurement processes, SRM, and compliance frameworks across India operations.
- Provided strong leadership to enhance team productivity and morale.
- Led cross-functional teams to achieve project milestones and deliver high-quality results.
- Optimized procurement processes and SRM, enhancing efficiency and supplier performance metrics.
- Successfully led complex multi-category contracts, ensuring alignment with business objectives and value creation.
- Achievements: Strengthened compliance and governance frameworks, reducing contractual and operational risks across India operations.
Deputy Manager - IT & Indirect Procurement
Tata Services Ltd.
06.2015 - 08.2017
- Managed IT and Indirect Procurement, negotiated SLAs and ensured contract compliance, supported SaaS/PaaS and application development.
- Oversaw sourcing activities for IT hardware/software, consulting engagements, and diverse indirect procurement categories including training, resource augmentation, and cloud services.
- Negotiated and finalized SLAs and contracts and agreements.
- Collaborated with finance and legal departments during vendor onboarding to oversee compliance, taxation, and audit procedures.
- Facilitated the acquisition of SaaS/PaaS licenses and application development services.
- Achievements: Streamlined vendor selection.
- Managed the procurement process for IT and indirect materials, ensuring alignment with organizational goals and compliance standards.
- Executed sourcing strategies for software licenses, consulting services, and hardware procurement, achieving cost reductions and operational efficiency.
Deputy Manager- Human Resource & IT Procurement
Tata Teleservices
08.2007 - 02.2015
- Executed IT procurement, conducted cost analysis, performed eRFQs, negotiated with vendors, and improved supplier performance.
- Managed the end-to-end procurement lifecycle for IT services and infrastructure assets.
- Conducted detailed total cost analyses (TCA) to identify savings and optimization opportunities.
- Led eRFQs and techno-commercial evaluations for selecting optimal vendors.
- Negotiated contract terms and conditions with vendors to secure value.
- Developed and implemented supplier performance evaluation models to drive improvements.
- Achievements: Enhanced supplier quality.
- Executed end-to-end procurement processes for IT and HR categories, ensuring compliance and alignment with organizational standards.
- Led vendor negotiations to secure favorable contract terms, optimizing cost and service quality for IT procurement.
Education
MBA - Human Resources
SIBM
Pune01.2007
Bachelor of Commerce - Marketing & HR
Pune University
Pune01.2005
Skills
- Technical Skills: Strategic Sourcing, Indirect Procurement, Category Management, Procurement Digitalization, Contract Negotiation, Risk Mitigation, Cost Optimization, Compliance Governance, Jaggaer, Fieldglass
- Soft Skills: Leadership, Negotiation, Communication, Problem-solving, Teamwork
- Core Competencies: Procurement Transformation, SCM Governance, Vendor Management, Global Sourcing, Procurement Analytics
- Friendly, positive attitude
- Teamwork and collaboration
- Customer service
- Problem-solving
- Multitasking Abilities
Accomplishments
- Awarded 'Best Performer' by Siemens Ltd. (4x) for outstanding contributions to procurement excellence.
- Recognized as 'Star of the Month' at Siemens Ltd. for exceptional performance and dedication.
- Designated 'Significant Contributor' at Siemens Ltd. for 3 consecutive years, demonstrating sustained high-impact contributions to the organization.
Certification
- Certified Strategic Sourcing Specialist (Siemens Internal)
- Compliance & Ethics in Procurement (Siemens Academy)
Languages
English
Hindi
Marathi
Marwari
Timeline
Commodity Head – IT & Services and Goods
Siemens Limited
08.2025 - 11.2025
Head Procurement Business Partner
Seimens
05.2023 - 08.2025
Senior Manager – Indirect Procurement (India Region)
Siemens Group
08.2017 - 05.2023
Deputy Manager - IT & Indirect Procurement
Tata Services Ltd.
06.2015 - 08.2017
Deputy Manager- Human Resource & IT Procurement
Tata Teleservices
08.2007 - 02.2015
MBA - Human Resources
SIBM
Bachelor of Commerce - Marketing & HR
Pune University
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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