Summary
Overview
Work History
Education
Skills
Websites
Languages And Interests
Certifications And Technical Proficiency
Achievements And Awards
Timeline
Generic
Shyam Sundar R

Shyam Sundar R

Bengaluru

Summary

Strategic Procurement & Supply Chain Leader with 12+ years of progressive experience driving multimillion-dollar cost savings, supplier consolidation, and contract optimization across technology and non-technology categories. Recognized for building high-performing teams, leading complex vendor negotiations, and aligning sourcing & procurement strategies with business. Proven expertise in software licensing, SaaS procurement, compliance governance, and digital procurement transformation.

Overview

14
14
years of professional experience

Work History

Assistant Vice President - Procurement

JPMorgan Chase
06.2019 - Current
  • Lead a 7-member procurement team overseeing $50M+ annual spend across technology categories, delivering 12–15% cost savings year-over-year.
  • Designed and executed vendor consolidation strategies, reducing supplier base by 30% and improving service delivery consistency.
  • Negotiated enterprise-wide SaaS contracts, ensuring 100% license compliance and meeting all regulatory requirements (GDPR, SOX).
  • Standardized SOWs and MSAs, cutting onboarding timelines by 25% while strengthening contractual risk controls.
  • Built procurement dashboards providing real-time spend visibility and quarterly insights for key stakeholders, enhancing decision-making speed.
  • Partnered with Finance & IT to resolve invoice disputes, driving 96%+ on-time payment accuracy and reducing escalations.
  • Collaborated with Legal to review, negotiate, and resolve contractual redlines, mitigating risks and ensuring favorable terms for the organisation.

Procurement Ops Advisory Senior Analyst

Accenture
02.2016 - 06.2019
  • Designed and optimized procurement workflows, driving efficiency and measurable savings.
  • Led supplier negotiations, e-Sourcing strategies, and contract management to improve compliance and supplier performance.
  • Conducted RCAs to identify inefficiencies and implement corrective actions.
  • Implemented supplier risk assessment protocols, aligning with procurement policies.
  • Managed high-value procurement contracts, negotiating pricing, SLAs, and terms of engagement.

Senior Procurement Specialist

IBM India Pvt Ltd
03.2013 - 02.2016
  • Led supplier selection, contract negotiations, and procurement strategies for critical business functions.
  • Managed end-to-end purchase order processing, ensuring timely approvals and compliance.
  • Developed cost-saving initiatives while maintaining service standards.
  • Streamlined stakeholder engagement processes, improving response times and supplier onboarding.

Graduate Apprentice Trainee

BEML Ltd
03.2012 - 03.2013
  • Supervised machine shop operations, ensuring optimal resource utilization and workflow efficiency.
  • Assisted in CAD-based railway component designs, contributing to heavy engineering solutions.
  • Implemented preventive maintenance schedules, reducing downtime and disruptions.

Education

B.E. - Mechanical Engineering

VTU
01.2010

PUC - PCMB

Basaveshwara Pre-University College
Bangalore
01.2005

SSLC -

Basaveshwara Boys High School
Bangalore
01.2003

Skills

  • Procurement Operations & Advisory
  • Team leadership
  • Category Management (IT & Non-IT)
  • Contract & Supplier Management
  • Stakeholder & Vendor Negotiation
  • Process Optimization & Cost Control
  • Spend Analysis & Strategic Sourcing
  • Software Licensing & SaaS Procurement
  • Compliance & Risk Management
  • SAP Ariba
  • ServiceNow
  • PO Express
  • RFX
  • E-Sourcing
  • Public speaking

Websites

Languages And Interests

English, Kannada, Hindi, Telugu, Tamil, Traveling, Chess, Cooking, Carrom

Certifications And Technical Proficiency

  • Alteryx Designer Core | RPA Green Belt - Automation & AI in procurement
  • SAP Ariba & SRM Expert - Supplier management & contract lifecycle
  • Procurement Analytics & Spend Management - Advanced cost analysis & strategy
  • Contract Negotiation & Vendor Management - Risk mitigation & value maximization

Achievements And Awards

  • Business Excellence Award, JPMorgan Chase, 2022, For driving procurement efficiency and delivering $XM+ in annualized savings.
  • Star Performer Awards, Accenture & IBM, Recognized for category strategy execution and supplier relationship management.
  • Multiple Spot Awards, For innovation in procurement optimization, process automation, and cost containment.

Timeline

Assistant Vice President - Procurement

JPMorgan Chase
06.2019 - Current

Procurement Ops Advisory Senior Analyst

Accenture
02.2016 - 06.2019

Senior Procurement Specialist

IBM India Pvt Ltd
03.2013 - 02.2016

Graduate Apprentice Trainee

BEML Ltd
03.2012 - 03.2013

B.E. - Mechanical Engineering

VTU

PUC - PCMB

Basaveshwara Pre-University College

SSLC -

Basaveshwara Boys High School

Similar Profiles

CREATE PROFILE
Shyam Sundar R