Sarita Tripathi Tripathi

Overseeing sourcing, negotiation, contract execution for Software, SaaS, Hardware

professional services and other indirect categories to meet the technology

• Managed supply chain process, from order placement to delivery, to facilitate on-time and accurate fulfillment.
• Prepared and presented reports to management on purchasing trends and cost savings to aid in decision making.
• Developed strong relationships with key suppliers, resulting in improved communication, better pricing, and reliable delivery schedules.
• Negotiated contracts with suppliers to obtain favorable terms and pricing.
• Reduced procurement costs by implementing strategic sourcing initiatives and negotiating favorable contracts with suppliers.
• Developed and implemented procurement policies and procedures to enhance compliance with company standards.
• Conducted thorough supplier evaluations, selecting vendors based on quality, price, reliability, and commitment to sustainability initiatives.
• Monitored and managed procurement budget to control costs.
• Conducted spend analysis to identify cost-saving opportunities.
• Resolved invoice and payment issues to facilitate prompt payment to suppliers.
• Managed global sourcing efforts for diverse product categories spanning multiple countries and regions.
• Analyzed market trends to identify new suppliers and emerging technologies that could enhance company operations or reduce costs.
• Developed and maintained relationships with key suppliers for smooth communication and to meet required expectations.

needs of organization.

Conduct market research and analysis to identify software & cloud solutions that align organization's IT requirements and strategic objectives.

Collaborate with internal stakeholders, including IT teams and business units, Legal and Finance to understand software needs, gather requirements, and define procurement strategies.

Source potential software vendors, manage the request for proposal (RFP) process, and evaluate vendor proposals based on factors such as functionality, pricing, support, contractual terms and spend analysis

Negotiate favorable licensing agreements, pricing, and contract terms with software vendors, ensuring cost-effectiveness and compliance with legal and regulatory requirements

Responsible for Cost estimates, Floating of RFPs and Evaluation & Analysis of bids/ quotations technically and financially and preparation of Comparative statement, leading techno-commercial discussion, coordinating with bidders with regard to negotiations, finalization of contractual terms & conditions for favorable terms and conditions for organization

• Collaborated with finance departments on budgeting and forecasting activities, ensuring accurate representation of procurement expenses and cost-saving opportunities.
• Improved inventory management by implementing demand forecasting techniques and optimizing reorder points for critical items.
• Created and maintained portfolio of qualified vendors to expand options.
• Managed a team of procurement professionals, fostering collaboration and teamwork to achieve organizational goals.
• Analyzed market conditions to make informed decisions on pricing and purchasing strategies.
• Drove continuous improvement initiatives within the procurement function by identifying areas for optimization and proposing actionable recommendations.
• Analyzed supplier contracts to confirm compliance with company policies and procedures.
• Collaborated with internal stakeholders to understand departmental needs, developing tailored procurement solutions that met their requirements while minimizing costs.
• Oversaw contract administration activities, including drafting agreements, negotiating terms, managing renewals, and addressing disputes or discrepancies as needed.
• Utilized market intelligence to identify opportunities for savings and cost reduction.
• Streamlined procurement processes for increased efficiency and cost savings through the implementation of digital tools and automation.
• Implemented category management strategies to optimize purchasing decisions across various product lines and business units.
• Implemented risk management strategies within the supply chain process to mitigate potential disruptions from external factors such as fluctuating markets or natural disasters.
• Facilitated resolution of disputes with suppliers, maintaining strong partnerships and ensuring uninterrupted supply.
• Improved supplier relationships and secured more advantageous payment terms by regularly reviewing and renegotiating contracts.
• Managed cross-functional teams to evaluate and select new suppliers, enhancing product innovation and competitiveness.
• Reduced excess inventory and minimized waste by introducing just-in-time purchasing system.
• Implemented sustainable procurement strategy, contributing to company's environmental goals by selecting eco-friendly materials and suppliers.
• Collaborated with product development teams to source innovative materials that met technical specifications and cost targets.
• Achieved cost reductions while maintaining quality, by consolidating purchases and leveraging bulk buying opportunities.
• Developed risk management strategies for procurement function, ensuring business continuity and resilience against supply chain disruptions.
• Streamlined procurement processes, resulting in enhanced efficiency by implementing centralized purchasing system.
• Coordinated with logistics to ensure timely delivery of materials, preventing production delays.
• Enhanced team performance by providing ongoing training and support on procurement best practices and software tools.
• Conducted thorough market research to stay informed about industry trends and leverage information for strategic purchasing decisions.
• Ensured compliance with internal and external procurement policies and regulations, minimizing legal risks and maintaining company reputation.
• Reduced procurement cycle times, enabling faster project completion by optimizing order processing procedures.
• Spearheaded adoption of e-procurement tools, resulting in improved process transparency and accessibility.
• Generated reports on purchasing activities to support management decisions.

• Overseeing sourcing, negotiation, contract execution for software, SaaS, hardware, professional services, and other indirect categories to meet the technology needs of the organization.
• Conduct market research and analysis to identify software and cloud solutions that align with the organization's IT requirements and strategic objectives.
• Collaborate with internal stakeholders, including IT teams, business units, Legal, and Finance, to understand software needs, gather requirements, and define procurement strategies.
• Source potential software vendors, manage the request for proposal (RFP) process, and evaluate vendor proposals based on factors such as functionality, pricing, support, contractual terms, and spend analysis.
• Negotiate favorable licensing agreements, pricing, and contract terms with software vendors, ensuring cost-effectiveness and compliance with legal and regulatory requirements.
• Responsible for Cost estimates, Floating of RFPs and Evaluation & Analysis of bids/quotations technically and financially and preparation of Comparative statement, leading techno-commercial discussion, coordinating with bidders with regard to negotiations, finalization of contractual terms & conditions for favorable terms and conditions for organization.
• Achieved cost savings by negotiating contracts with suppliers and implementing strategic sourcing initiatives.

• Led end-to-end sourcing and procurement for Data Centre Operations, Workplace, Services, and Contingent Work Streamlined contracting processes by aligning scopes of work with business needs.
• Streamlined contracting processes by aligning scopes of work with business needs, vendor consolidation Permanent Workforce) and GDCI indirect sourcing.
• Oversaw spend of over $25K, driving measurable cost savings.
• Enhanced supplier performance by implementing strategic management processes and regular evaluations.
• Streamlined procurement procedures for increased efficiency and reduced lead times.

• End-to-end Sourcing & Procurement cycle for Professional Services Category of Hiring (contractual - Permanent), Training category by optimizing cost, and governance.
• Contract Lifecycle Management execution - Contact negotiation and signatures.
• EXIM- Export responsibility for exporting CUB Beer brands from Australia to Asia region responsibilities.
• Working with production planners, Shipping lines, County export department heads and end customer.
• Responsibility included export documentation, Container calculations, palletization and warehouse Management of stocks (optimum quantity, freight arrangement and reporting).
• Improved customer satisfaction by addressing and resolving complaints promptly.
• Established performance goals for employees and provided feedback on methods for reaching those milestones.
• Supervised day-to-day operations to meet performance, quality and service expectations.

• Contract Management completely on ERP - Ariba.
• Contract management including redlining, vetting, e-signature and monitoring contract changes, deliverables, risk/issues and maintaining associated documentation for MSA, Addendum, Amendments and others.
• Resolved problems, improved operations, and provided exceptional service.

• End to End Order Management for Nokia Business till Invoicing.
• SME for Order Management process along with Supervising a team of 11 members in entirely.
• Worked SOP and process flow and trapped exception to be used for future trainings.
• Working closely with team to identify the pain areas of the process and escalate issues with action plans on a timely basis.
• Doing 100% quality checks for transactions performed on daily basis to ensure 100% accuracy and TAT.
• Taking ownership of all the process updates, cross trainings, and refreshers in the team.
• Established process and trained entire batch for process (55 ETE's).

• Transitioned ATM and Mortgage clearing account for Capital One Bank.
• Reconciling various type of account on Recon Plus Tool and Excel -ATM clearing account, Mortgage account, Deposit account.
• Closing of the accounts every month & taking the open aged items to P&L Account.
• Preparation of CORE (Capital One Reconciliation Evaluation) closing book activity monthly and explanation of variance from GL to SL.