Raghavendra Chatrathi
Hyderabad
Summary
I am an ambitious procurement professional with extensive expertise in strategic procurement across various categories, including Automotive Embedded Software, Information technology. I excel in negotiation strategies, driving cost-effective solutions for procurement operations, and stakeholder management. And, also consistently delivering significant cost savings while maintaining strong supplier relationships. My organized approach enables me to meet targets efficiently, leading to successful project outcomes.
Overview
13
13
years of professional experience
Work History
Manager - Commodity Purchasing
ZF Group
Hyderabad
09.2023 - Current
- Strategic procurement for automotive embedded software, such as AUTOSAR-based products, hardware security modules, flash bootloaders, and CAN bedded.
- Led strategic sourcing initiatives for automotive embedded software components to optimize procurement strategies.
- Achieved a savings of approximately. 550K USD by applying strategies such as license centralization and the reallocation of inactive licenses.
- Set contractual agreements with embedded software providers, such as Vector, ETAS, QNX, Elektrobit, and Neusoft-soft, to achieve significant cost savings and favorable terms.
- Providing strong support to ZF manufacturing plants to ensure an optimal, cost-effective balance of local and global sourcing options, and negotiating for local and global demand.
- Manage the assigned supply base to diversify the supplier base, reduce dependence on single sources, develop cost-saving opportunities, and enhance supplier competitiveness.
Lead Operations
Tech Mahindra
Hyderabad
11.2022 - 09.2023
- Create solid strategies for the Business Intelligence category, ensuring commercially balanced transactions across the BI category.
- Achieved savings of $970K by applying various negotiation levers (contract term, cost avoidance, quantity).
- Performing the Source-to-Contract process, preparing, and conducting fact-based negotiations.
- Drive game-changing strategies, working with analytical data, business stakeholders, and suppliers (Morningstar, Bloomberg, and S&P Capital Global).
- Resolve complex contractual issues to mitigate risks, and lead negotiations on mid-high value contracts.
IT Procurement Analyst
Ivy Comptech
Hyderabad
07.2020 - 08.2022
- Optimized technology spending on IT hardware, software, and services across the Entain Group.
- Realized approximately. $1 million in cost savings on various SaaS, on-premises, and hardware purchases.
- Supported the technology procurement, both on-premises and SaaS deployment, for the Entain group by working with major software service providers, like Microsoft, Oracle, Cisco, Atlassian, G Suite, and Adobe. OEMs like Dell and Lenovo.
- Actively engaged with key business leaders, colleagues, and other stakeholders to gather business requirements and specifications within IT, and incorporate these, which involve sourcing strategies, supplier selections, and decisions.
- Conducted RFx’s (RFI/RFP/RFQ) for the whole tech infrastructure, ensuring that size and complexity are fit for purpose.
Buyer
Data Intensity
Hyderabad
09.2017 - 07.2020
- Supported procurement efforts for indirect buy by identifying new sourcing strategies, leading to significant cost savings and cost-effective procurement operations.
- Executed standardized sourcing processes and strategies for assigned categories, such as Technology, HR, and Facilities Maintenance, and achieved savings of approximately 800,000 USD.
- Executed standard sourcing processes for assigned categories. Managed supplier relations and negotiated contract terms.
- Conducted market research and identified potential suppliers for various goods and services.
- Analyzed spend data using a variety of tools, such as Excel pivot tables or analytical tools.
Process Lead
Broadridge Financial Solutions
Hyderabad
04.2016 - 06.2017
- Coordinated with associates for quotes on non-catalog products, and analyzed invoices before payments.
- Developed and maintained Standard Operating Procedures (SOPs) for all key processes.
- Evaluated products and services offered by vendors based on factors such as price, quality, availability, reliability.
- Assisted internal stakeholders with resolving any queries related to procurement activities.
- Reviewed requisitions submitted by internal stakeholders for accuracy and completeness.
IT Procurement Specialist
E.I. Dupont Services Centre India Private Limited
Hyderabad
12.2014 - 03.2016
- Provided strategic and transaction support by performing a wide range of procurement activities for the requests coming from U.S., European buyers, and DuPont plants/sites.
- As part of critical operation tasks for 2015-16, I achieved a savings target of $200,000 on price negotiations and hourly rates with the IT vendors.
- Responsible for the Hardware, Networks, and Telecom categories, being the main point of contact for suppliers regarding contractual and commercial matters.
- Executed work orders and SOWs of telecommunications and IT services commodities on behalf of the buyers.
- Evaluated and researched suppliers and processed orders for purchases through new contracts and competitive bids.
Process Developer - Order Fulfillment
Genpact India
Hyderabad
09.2011 - 12.2014
- Creating purchase orders as requested by the global affiliates in Oracle ERP 11i.
- Regular interaction with the client during the order fulfillment and sourcing process.
- Ensuring the timely availability of material based on the back-order tool.
- Processing internal requisitions for urgent orders and expediting the parts to customers.
Education
Bachelor of Arts - Financial Accounting
Osmania University
Hyderabad, India06-2011
Skills
- Price negotiation
- Spend analysis
- Global procurement
- Supplier Relationship Management
- Strategic sourcing
- Contract management
- E-procurement systems
Accomplishments
- Cost Saving Achievements: Realized a cost savings of more than 5 million USD by applying various strategic methodologies and negotiation levers across various organizations.
- Process Efficiency: Streamlined the stakeholder management and contract renewals to ensure the
process is more effective. - Rewards & Recognition: Received various awards for outstanding performance and being pivotal in achieving Lean Certifications
Timeline
Manager - Commodity Purchasing
ZF Group
09.2023 - Current
Lead Operations
Tech Mahindra
11.2022 - 09.2023
IT Procurement Analyst
Ivy Comptech
07.2020 - 08.2022
Buyer
Data Intensity
09.2017 - 07.2020
Process Lead
Broadridge Financial Solutions
04.2016 - 06.2017
IT Procurement Specialist
E.I. Dupont Services Centre India Private Limited
12.2014 - 03.2016
Process Developer - Order Fulfillment
Genpact India
09.2011 - 12.2014
Bachelor of Arts - Financial Accounting
Osmania University
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