Shibaraj Sahoo
Bengaluru
Summary
Procurement Contract Specialist with extensive experience at Accenture, specializing in contract negotiation and supplier performance analysis. Proven ability to develop procurement strategies that achieve significant cost reductions and improve stakeholder engagement. Skilled in ensuring legal compliance and overseeing contracts, consistently delivering value through collaboration and market research.
Overview
12
12
years of professional experience
3
3
Certifications
Work History
Procurement Contract Specialist
Accenture
08.2024 - Current
- Negotiated and managed supplier contract terms to ensure value, quality, and delivery standards.
- Maintained a comprehensive database of signed contracts, managing renewals and retrievals.
- Collaborated with legal department to secure favorable contract terms for the company.
- Developed strong relationships with internal and external stakeholders to optimize performance.
- Drafted and finalized contract documents while negotiating terms with vendors and clients.
- Conducted market research to inform acquisition strategies and enhance contract effectiveness.
- Reviewed proposed contract documents for compliance with applicable laws and regulations.
- Analyzed contract performance to identify risks and areas for improvement.
Senior Associate
WNS
Pune
05.2023 - 08.2024
- Collaborated with Global and Offshore Legal department to finalize contracts and establish procurement routes for goods and services.
- Identified spend reduction opportunities through category analysis and targeted negotiations with key suppliers.
- Conducted market research to discover potential suppliers and monitor industry trends.
- Enhanced communication between stakeholders and suppliers, reducing misunderstandings during procurement.
- Ensured compliance with company policies by performing thorough due diligence on prospective vendors.
- Formulated negotiation strategies that achieved substantial cost reductions while maintaining quality standards.
- Evaluated supplier bids based on price, quality, delivery time, and other critical factors to ensure best value.
- Aligned sourcing strategies with business objectives through close collaboration with cross-functional teams.
Team Lead
AXA Business Services
Bengaluru
05.2021 - 05.2023
- Managed IT renewals and new project requirements for UK partner, encompassing hardware and software.
- Led comprehensive project processes from requirement analysis to contract negotiation and execution.
- Executed order management and P2P processes, ensuring compliance via third-party risk assessments.
- Conducted spend analysis and prepared direct and indirect reporting decks as required.
- Generated contract expiry reports to enhance visibility and enable proactive management.
- Utilized Coupa, Power BI, Contractin, and MS Office to enhance reporting and presentations.
Senior Procurement Officer
TATA Communications
Pune Area
12.2018 - 05.2021
- Exhibited strong coordination, presentation, communication, and coaching skills within teams.
- Leveraged technical expertise in sourcing and procurement for IT software, hardware, services, and electrical portfolios.
- Effectively utilized tools including SAP MM Module, Ariba, Oracle iProcurement, and Service-Now Ticketing system.
- Managed hosting services encompassing compute, storage, network, OS, hypervisor, database, migration, and backup operations.
Global Sourcing Specialist
Infosys BPM
Pune Area
05.2016 - 12.2018
- Taking care of Electrical, Electronics, and Automobile high value orders.
- Making PO using SAP MM module for goods and free-text commodities.
- Identifying supplier in global market as per business requirement, contract execution, vendor on-board.
- Processing commodity wise requisitions raised by stakeholder on daily basis.
- Making new PO, PO maintenance as requested by requester, report of all data as per requirement.
- Order Management like price, material number amendment, solving payment issue of supplier, Regular follow up with stakeholder and vendor for expending critical orders.
- Achieving daily as well as weekly target well of team and supporting other team if required.
- Extracting and publishing reports of PR to PO, Overdue Orders, Daily Statistics to business stakeholder.
- Played a critical role in training new member to team and provide support as SME (subject matter expert).
Senior Procurement Analyst
Denali - WNS
Pune Area
11.2014 - 05.2016
- Reviewing all details of Purchase Requisitions throughout different approval criteria & finally process it for PO making.
- Making PO using Oracle & Ariba ERP tool with supporting documents attached to Purchase Requisition.
- Assisting business stakeholder in PR to PO Process, Vendor on-board and contract management.
- Supporting global team for purchase requisition, purchase order & general queries of procurement via email/call/Communicator.
- Approving PRs raised by requester from Oracle iprocurement tool by verifying all criteria & category as per SOP.
- Making new PO, PO maintenance as requested by requester, PO data pool from Oracle tool.
- Supplier enablement for both new & supplier information update in database.
- Different types of contracts like MSA, SOW and NDA review and upload in Ariba.
Purchase Engineer
MAN Trucks India
Pune Area
11.2013 - 11.2014
- Conceptualized and implemented cost-saving initiatives to enhance project efficiency.
- Developed electrical and electronic components within project timelines, ensuring quality standards.
- Achieved component supply according to production ramp-up plans.
- Coordinated with vendors to secure production volumes as per planned schedules.
- Ensured supplier quality performance through robust systems and readiness evaluations.
- Explored market for additional supplier opportunities to improve pricing and quality.
Education
Bachelor of Technology (B.Tech.) - EEE
Ajay Binay Institute Of Technology
Cuttack, Odisha01.2012
Higher Secondary Education - Science
J.K.B.K Junior Collge
Cuttack, Odisha01.2008
Secondary education - SSC
Seconday Board High School
Cuttack, Odisha01.2008
Skills
- Operations management
- Contract negotiation
- Supplier performance analysis
- Vendor onboarding
- Procurement strategies
- Market research
- Cost reduction strategies
- Stakeholder engagement
- Team collaboration
- Problem solving
- Legal compliance
- Contract oversight
- Contract creation
- Category management
- Supplier risk assessment
Certification
Certificate of Excellence for Onboarding New Supplier with Competitive Pricing.
Languages
- English
- Hindi
- Oriya
- Marathi
Timeline
Procurement Contract Specialist
Accenture
08.2024 - Current
Senior Associate
WNS
05.2023 - 08.2024
Team Lead
AXA Business Services
05.2021 - 05.2023
Senior Procurement Officer
TATA Communications
12.2018 - 05.2021
Global Sourcing Specialist
Infosys BPM
05.2016 - 12.2018
Senior Procurement Analyst
Denali - WNS
11.2014 - 05.2016
Purchase Engineer
MAN Trucks India
11.2013 - 11.2014
Bachelor of Technology (B.Tech.) - EEE
Ajay Binay Institute Of Technology
Higher Secondary Education - Science
J.K.B.K Junior Collge
Secondary education - SSC
Seconday Board High School