RISHABH AGGARWAL
Bengaluru
Summary
Procurement professional with a strong history of delivering substantial cost savings through effective strategic sourcing and vendor management. Expertise in contract negotiation and risk management enhances operational efficiency. Proven ability to collaborate across functions to improve supply chain performance.
Overview
15
15
years of professional experience
Work History
Assistant Manager, Indirect Sourcing
OLA Electric Technologies Pvt. Ltd
Bangalore
09.2023 - Current
- Oversaw INR 200 crore ($24 million) annual procurement for IT hardware and corporate telecom infrastructure.
- Achieved 15%-18% annual cost savings by consolidating vendors and utilizing direct OEM partnerships.
- Ensured 100% compliance with corporate fiduciary standards in managing complex SLAs and procurements.
- Developed vendor strategies to minimize operational risks and ensure sustainable vendor relationships.
- Secured high-fidelity datasets for speech model training, enhancing model accuracy through innovative AI vendor ecosystems.
Assistant Procurement Manager
Topaz Multi Industries SA
Guinea
06.2022 - 06.2023
- Executive Reporting: Provided real-time MIS and spend analytics directly to the UAE Headquarters to drive regional procurement decisions.
- International Strategy: Optimized cross-border food supply chains via the UAE and African markets, achieving a 15% reduction in landed costs.
- Engineered a centralized warehousing framework, decreasing inventory wastage by 18% through enhanced MIS visibility.
- Centralized warehouse operations across all locations to enhance inventory monitoring and management.
- Developed contingency strategy to maintain supply continuity despite potential vendor disruptions.
Assistant Manager, Procurement
Jay Jay Capital & Investment Pvt. Ltd
Bangalore
10.2021 - 05.2022
- Project Procurement: Achieved 18% cost savings on new project fit-outs by implementing a transparent bidding process and volume-based bundling.
- Multi-Brand Sourcing: Directed 15 Crore CAPEX & OPEX budget for three hospitality brands, optimizing procurement for centralized kitchen and project equipment.
- Vendor Management: Expanded vendor database by identifying high-quality regional suppliers, minimizing reliance on single-source contractors.
- New Product Development: Sourced vendors for design, manufacturing, and customization of flatware, silverware, and glassware across all three brands.
Manager Commercials & Estimation
Apex Kitchen Solutions
11.2020 - 04.2021
- Prepared high-accuracy estimates for multi-crore hospitality project tenders.
- Managed sourcing and procurement of kitchen equipment from national and international OEMs and authorized distributors globally.
- Initiated RFX function for global sourcing, enhancing tender competitiveness.
- Analyzed costing for awarded tenders to identify opportunities for profit maximization, influencing bid strategy.
- Cost Optimization by aligning with the engineering team and ensuring all the items in theBOQ are value engineered to meet the target costing
Executive Procurement (HOD)
Blue Plate Hospitality & Services
Delhi
08.2018 - 04.2020
- Oversaw high-volume portfolio procurement using just-in-time inventory models to enhance cash flow management.
- Renegotiated contracts with key distributors, effectively boosting operational profit margins via logistics optimization.
- Ensured compliance with state regulations by conducting thorough internal audits, achieving zero gaps in excise and statutory adherence.
Executive Purchase (HOD)
Sarovar Hotels & Resorts
Udaipur
05.2017 - 06.2018
- Led strategic initiatives that elevated guest satisfaction across hotel properties.
- Managed daily procurement activities to optimize operational efficiency.
- Implemented vendor scorecards to improve turnaround time and product quality compliance by 20%.
- Developed and enforced operational policies to streamline service delivery processes.
- Collaborated with department heads to uphold brand standards and ensure quality control.
Assistant Purchase Manager
Chilli's Grill & Bar
Chandigarh
12.2014 - 12.2016
- Managed procurement lifecycle for high-traffic international franchise, ensuring localized sourcing met global quality standards.
- Secured diversified vendor base, ensuring consistent availability during peak seasonal demand.
- Maintained rigorous inventory controls for stock movements, supporting operational management.
- Oversaw liquor licensing processes, ensuring compliance with excise regulations for daily operations.
Operations & Purchase Executive
Ultratech Pharmaceuticals Pvt. Ltd
Baddi
05.2011 - 11.2014
- Technical Sourcing: Led procurement of specialized laboratory spares and machinery from OEMs, resulting in maximized production uptime.
- Materials Management: Streamlined GRN and inventory workflows with ERP systems, achieving real-time accuracy for lab and production units.
- Cross-Functional Operations Management: Managed off-roll vendor operations and inbound logistics, enhancing overall supply chain coordination.
Education
Bachelor of Arts - Humanities
Shridhar University
01-2013
Skills
- Strategic sourcing
- Cost analysis
- Contract negotiation
- Vendor management
- Cost savings
- Inventory management
- Global supply chain
- AI and tech sourcing
- Risk management
- Cross-functional collaboration
- Cost leadership
- Systems governance
Core Expertise
- Strategic Sourcing: IT Infrastructure, Telecom, & Indirect Categories.
- Cost Leadership: Delivering 18% savings via OEM-direct negotiations & TCO analysis.
- AI/Tech Sourcing: NLP/LLM Data Acquisition & Voice Transcription services.
- Global Supply Chain: Cross-border vendor development (India, UAE, West Africa).
- Systems & Governance: SAP MM, Tally ERP, Vendor Risk Assessment, & SLA Management.
Timeline
Assistant Manager, Indirect Sourcing
OLA Electric Technologies Pvt. Ltd
09.2023 - Current
Assistant Procurement Manager
Topaz Multi Industries SA
06.2022 - 06.2023
Assistant Manager, Procurement
Jay Jay Capital & Investment Pvt. Ltd
10.2021 - 05.2022
Manager Commercials & Estimation
Apex Kitchen Solutions
11.2020 - 04.2021
Executive Procurement (HOD)
Blue Plate Hospitality & Services
08.2018 - 04.2020
Executive Purchase (HOD)
Sarovar Hotels & Resorts
05.2017 - 06.2018
Assistant Purchase Manager
Chilli's Grill & Bar
12.2014 - 12.2016
Operations & Purchase Executive
Ultratech Pharmaceuticals Pvt. Ltd
05.2011 - 11.2014
Bachelor of Arts - Humanities
Shridhar University