Rakshith Shetty
Bangalore
Summary
Strategic Sourcing and Procurement Lead with 5+ years of experience across ecommerce,
EXIM and manufacturing. Delivers cost savings of 10-25% through vendor
negotiation, contract management and supplier performance management. Experienced
in end-to-end Source-to-Contract (S2C) and Procure-to-Pay (P2P) operations, demand
forecasting, inventory optimization and Power BI/Excel analytics. Leads cross-functional
teams and aligns sourcing strategy with business objectives. Hands-on with SAP
S/4HANA and SAP MM.
Overview
1
1
Certification
6
6
years of professional experience
Work History
Team Lead
Zepto Private Limited
12.2024 - Current
- Maintained 100% MSL compliance, ensuring uninterrupted stock availability across
- Assortments.
- Negotiated commercial terms with vendors to improve margins, profitability and
- Supply chain efficiency.
- Tracked brand and SKU performance across key growth levers; monitored inventory
- Health and sales trends to improve demand forecasting, stock planning and reduce
- Inventory waste.
- Built regular dashboards and reports to track key metrics and program effectiveness
- And recommended improvement areas.
- Resolved operational constraints through structured problem-solving and optimization
- Initiatives.
- Analyzed sales data to identify top performers and delivered insights that drove sales
- Growth and category expansion.
- Partnered with category, planning, replenishment, operations and supply chain teams
- To align program execution.
Senior Executive - Procurement
Orotex India Pvt Ltd
12.2023 - 12.2024
- Led a team of 5 procurement professionals managing the full sourcing and contract
- Lifecycle for international and domestic, direct and indirect supply chains.
- Developed and executed strategic sourcing plans aligned with organizational goals
- Achieving cost savings of 10-15%.
- Negotiated and executed vendor contracts in line with company policy, delivering cost
- Reductions of 15-25% and improved supplier performance.
- Led implementation of Power BI for sourcing and contract-management reporting
- Using analytics to identify cost-reduction and process-improvement opportunities.
- Used Excel analysis to support data-driven decisions and optimize global supply chain
- Operations.
- Managed supplier relationships to ensure on-time delivery, higher quality and fewer
- Disputes.
- Sourced raw materials for NVH parts manufacturing and managed inventory to ensure
- Material availability.
- Mentored team members, building a collaborative, high-performance culture and
- Improving team productivity.
Procurement Engineer
Toyota Kirloskar Motor Pvt Ltd
03.2022 - 11.2023
- Negotiated pricing with suppliers and monitored market trends to support consistent
- Product flow and profitability.
- Managed supplier delivery and quality compliance; held regular supplier reviews to
- Resolve issues quickly.
- Converted validated purchase requisitions to purchase orders and followed up on
- Delivery and order acknowledgements.
- Created rolling 3-month forecast files for suppliers and placed orders against forecasts
- Using E-Kanban software.
- Coordinated with warehouse teams on GRN preparation and with internal
- Stakeholders on hardware purchases.
- Handled queries from external stakeholders and suppliers; prepared daily and weekly
- Reports.
Purchase Analyst
Yuto Printing and Packaging Pvt Ltd
08.2020 - 03.2022
- Worked with the materials department on material planning and analysis to reduce
- Inventory levels.
- Created purchase requisitions and validated them to purchase orders; planned and
- Monitored material movement in the production cycle.
- Oversaw demand forecasting and material availability to support production
- Schedules on time.
- Conducted supplier performance evaluations and implemented corrective actions to
- Maintain quality and supply reliability.
- Used ERP systems to optimize procurement processes and analyze spend data.
- Initiated process-improvement and automation projects that improved operational
- Efficiency.
Education
Diploma - Mechanical Engineering
Dr. T. M. A. Pai Polytechnic College
Manipal01.2017
Bachelor of Technology - Automobile Engineering
Manipal Institute of Technology
ManipalSkills
- Strategic Sourcing
- Source-to-Contract (S2C)
- Procure-to-Pay (P2P)
- Vendor Management
- Vendor Negotiation
- Supplier Relationship Management (SRM)
- Supplier Evaluation
- Contract Management
- RFP/RFQ Analysis
- Purchase Orders
- Cost Reduction
- Cost Savings
- Spend Analysis
- Demand Forecasting
- Inventory Management
- Inventory Optimization
- Material Planning
- Replenishment
- MSL Management
- GRN
- Direct Procurement
- Indirect Procurement
- EXIM
- Category Management
- SAP S/4HANA
- SAP MM
- ERP
- Power BI
- Advanced MS Excel
- Dashboards
- MIS Reporting
- KPI Tracking
- SKU Performance Analysis
- E-Kanban
- Team Leadership
- Mentoring
- Stakeholder Management
- Cross-Functional Collaboration
- Compliance
- ISO Auditing
- Process Improvement
- Problem-Solving
Certification
- ISO Auditor
- Industrial Automation Technology (Hydraulics and Pneumatics) - Rexroth Bosch Group, Rexroth Bosch Group
- Marketing in an Analog World, University of Illinois (Coursera)
- Digital Media and Marketing Strategies, University of Illinois (Coursera)
Accomplishments
- Maintained 100% MSL (Minimum Stocking Level) availability at Zepto.
- Achieved 10-15% cost savings through strategic sourcing plans at Orotex India.
- Delivered 15-25% cost reductions through vendor contract negotiation.
- Led a team of 5 procurement professionals and implemented Power BI reporting.
Languages
- English
- Hindi
- Kannada
Publications
Published research article, Taylor & Francis Online, 10.1080/14328917.2021.1915589, 2021
Full Name
RAKSHITH SHETTY
Core Skills
Strategic Sourcing, Source-to-Contract (S2C), Procure-to-Pay (P2P), Vendor Management, Vendor Negotiation, Supplier Relationship Management (SRM), Supplier Evaluation, Contract Management, RFP/RFQ Analysis, Purchase Orders, Cost Reduction, Cost Savings, Spend Analysis, Demand Forecasting, Inventory Management, Inventory Optimization, Material Planning, Replenishment, MSL Management, GRN, Direct and Indirect Procurement, EXIM, Category Management, SAP S/4HANA, SAP MM, ERP, Power BI, Advanced MS Excel, Dashboards, MIS Reporting, KPI Tracking, SKU Performance Analysis, E-Kanban, Team Leadership, Mentoring, Stakeholder Management, Cross-Functional Collaboration, Compliance, ISO Auditing, Process Improvement, Problem-Solving
Timeline
Team Lead
Zepto Private Limited
12.2024 - Current
Senior Executive - Procurement
Orotex India Pvt Ltd
12.2023 - 12.2024
Procurement Engineer
Toyota Kirloskar Motor Pvt Ltd
03.2022 - 11.2023
Purchase Analyst
Yuto Printing and Packaging Pvt Ltd
08.2020 - 03.2022
Diploma - Mechanical Engineering
Dr. T. M. A. Pai Polytechnic College
Bachelor of Technology - Automobile Engineering
Manipal Institute of Technology