Sivabharath Thiyagarajan
Lead Procurement
Bengaluru
Summary
Experienced procurement professional with a track record of successfully managing central procurement operations in the food and beverage industry. Skilled in strategic sourcing, vendor development, and cost optimization. Proven expertise in managing multiple categories, including chocolates, dairy products, fruit preparations, eggs, edible oil, packaging, kitchen equipment, private labeling, and maintenance supplies. Proficient in leading cross-functional teams, establishing service-level agreements, and negotiating contracts with brands and suppliers. Strong focus on streamlining processes, generating cost savings, and maintaining high standards in guest satisfaction. Possess certifications in ISO 22000-2005, Six Sigma Green Belt, and business simulations.
Overview
8
8
years of professional experience
5
5
Languages
Work History
Procurement Team Lead
Localbuy Technologies Pvt Ltd
2023.03 - Current
- Developed and implemented sourcing strategies for long-term procurement of staples, contributing to cost savings and operational efficiency.
- Achieved cost savings by negotiating contracts with suppliers and implementing strategic sourcing initiatives.
- Ensured compliance with internal policies and external regulations through diligent monitoring of procurement activities across the organization.
- Accountable for Supplier Relationship Management (SRM) to foster robust partnerships, evaluate performance, and collaborate on continuous improvement initiatives
- Implemented strategic sourcing strategies and effectively managed contracts.
- Reduced inventory days by 10 days, enhancing inventory management efficiency to control the capital flow.
- Identified and developed new vendors, fostering strategic partnerships to enhance procurement capabilities.
- Worked towards optimal backward integration in the category procurement, streamlining supply chains and reducing costs.
- The purchase spend is close to 60Cr including both Private label and FMCG Category.
Sr Manager- Central Purchase
Theobroma Foods Pvt Ltd
2022.06 - 2023.03
- Successfully managed central procurement operations across major Indian cities with a 170 Crore INR annual budget
- Oversaw diverse procurement categories, led a team of six managers, and finalized contracts with renowned brands
- Ensured smooth operations, implemented streamlined processes, and collaborated with top executives
- Achievements included cost savings, effective supplier onboarding, and strategic cost management initiatives
- Maintained comprehensive contract records and forecasted price trends for future business decisions.
Asst Manager- Procurement
Future Consumer Ltd
2020.01 - 2022.06
- Accomplished procurement professional with a track record of strategic sourcing, vendor development, and compliance to optimize availability and rates, while maintaining efficient inventory control.
- Led end-to-end sourcing processes, fostering new product development and international collaborations
- Managed sourcing across diverse retail models including Future Group's prominent outlets.
- Expertise in contract farming and hedging strategies for in-house and private-label brands.
- Oversaw import operations for premium dry fruits.
- Proficient in procuring specialized ingredients for confectionery and beverages.
- Managed inventory levels to minimize stockouts while reducing overhead costs.
- Managed significant monthly procurement for diverse manufacturing and retail businesses.
Purchase Executive
CavinKare Pvt Ltd
2017.04 - 2019.12
- Experienced procurement professional with a strong track record of managing diverse categories, including Savories, Sweets, Bakery, and Milk
- Adept at designing strategic procurement plans, building vendor relationships, and ensuring cost-effective sourcing of raw materials.
- Skilled in forecasting price trends, conducting product trials, and overseeing daily production requirements.
- Proficient in import operations, managing CIF terms, and ensuring compliance with regulations.
- Established strategic relationships with local spice traders and brokers to secure short-term supply contracts during seasonal fluctuations.
- Assisted in budget development by providing detailed forecasts of anticipated expenditures based on historical data analysis.
- Proven expertise in beverages and pickles procurement, including seasonal forecasting and optimizing transportation processes
- Effective communicator and negotiator with a focus on business profitability and quality standards.
Management Trainee
Ruchi Soya Industries Limited
2016.06 - 2017.03
- Experienced professional in the Oil Palm Industry with a proven track record of conducting comprehensive studies, collaborating with farmers, and implementing sustainable agricultural practices
- Skilled in Geo-tagging technology and facilitating information transfer among field officers
- Strong expertise in monitoring, coordinating, and optimizing farm-level activities to enhance productivity
- Proficient in analyzing plant and field aspects, conducting trials, and delivering actionable insights through regular reporting to senior management.
Education
MBA -
Symbiosis Institute of International Business
Bachelor of Science - undefined
Tamil Nadu Agricultural University
Skills
SRM
undefinedInternship
BISLERI INTERNATIONAL PVT LTD,
Chennai, Apr-15 to Jun-15,
Results-driven intern with a proven ability to analyze market potential and consumer behavior., During a dynamic internship at BISLERI INTERNATIONAL PVT LTD, Chennai, I delved into the market for 20-liter packaged drinking water in Coimbatore., I collaborated closely with customers and retailers, conducted consumer surveys, and interacted with key stakeholders to gain insights into the market perception of Bisleri., Leveraging my analytical skills, I assessed price trends and provided actionable recommendations to boost sales volume through strategic advertising, promotions, and exhibitions., My contribution also extended to enhancing Bisleri's brand image in the Coimbatore market.
Timeline
Procurement Team Lead
Localbuy Technologies Pvt Ltd
2023.03 - Current
Sr Manager- Central Purchase
Theobroma Foods Pvt Ltd
2022.06 - 2023.03
Asst Manager- Procurement
Future Consumer Ltd
2020.01 - 2022.06
Purchase Executive
CavinKare Pvt Ltd
2017.04 - 2019.12
Management Trainee
Ruchi Soya Industries Limited
2016.06 - 2017.03
MBA -
Symbiosis Institute of International Business
Bachelor of Science - undefined
Tamil Nadu Agricultural University
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