Smrita Saraswat
Strategic Sourcing Manager
Noida
Summary
Experienced Strategic Sourcing manager with expertise in global procurement and contract negotiation. Skilled in fostering supplier partnerships and driving cost-saving initiatives. Proven track record of improving operational efficiency and achieving strategic sourcing objectives.
Overview
25
25
years of professional experience
2000
2000
years of post-secondary education
5
5
Certifications
Work History
Supplier Relationship manager and Complex RFX leader
IBM India Pvt Ltd
07.2022 - 09.2025
- Implemented SAP Ariba workflow, reducing PO cycle time by 20%.
- Optimized supplier consolidation and operational efficiency for IT Managed Services procurement.
- Led management of complex RFPs, ensuring alignment with global sourcing objectives.
- Enhanced service quality and achieved cost savings through supplier relationship management
Global Procurement lead for Fixed Price Technical Services
IBM India Pvt Ltd
10.2017 - 06.2022
- Led global Contingent labour and Technical Services procurement strategy, managing USD 300M+ in spend and streamlining the supplier base to enhance strategic partnerships and reduce non-critical vendors.
- Secured high-impact IT managed services contracts through cross-functional negotiation with legal and business, ensuring agreements directly advanced business priorities.
- Designed and executed rebate programs, achieving over USD 1.2M incremental value on existing supplier contracts.
- Partnered with Procurement Policies teams to revamp and roll out the Integrator program, driving optimization and consolidation of core services suppliers.
Global Sourcing Strategist
IBM India Pvt Ltd
07.2012 - 09.2017
- Directed global Subtier Program for core suppliers, optimizing registration and onboarding processes to achieve a 30% reduction in validation and cycle times.
- Established and rolled out global Subtier supplier diversity metrics, driving increased diverse spend ratio and visibility at the country level.
- Implemented an enhanced Global Employment Verification program for technical services suppliers, cutting subcontractor selection cycle time by 4%.
Client Services Procurement
IBM India Pvt Ltd
12.2008 - 01.2012
- Acted as India Procurement lead for sales and solutioning, supporting sourcing across Services, Software, and IT hardware for 20+ multi-industry accounts.
- Resolved portfolio account delivery challenges by building supplier and IBM executive partnerships, consistently securing optimal value for clients.
Country Strategic Sourcing Lead
IBM India Pvt Ltd
12.2005 - 12.2008
- Led Technical Services sourcing for key domestic clients managing a USD 100M spend, establishing a strategic supplier base for End User Services.
- Successfully negotiated contractual and financial terms with ISVs involved in software integration and implementation projects, ensuring favourable outcomes.
- Led a global assignment assessing cross-border sourcing opportunities for domestic technical service needs, successfully launching a cross-border sourcing pilot program.
Operations Management Leadership Program (OMLP)
GE HealthCare
05.2000 - 12.2005
- Completed the Operations Management Leadership Program (OMLP) at GE Medical Systems, including four rotations across Manufacturing, Procurement, eSourcing, and Quality Control, driving improvements in product cycle time within a high-precision, efficiency-focused environment.
- Held key roles in procurement of sheet metal parts and quality control, consistently generating year-over-year cost savings through process optimization and supplier collaboration.
- Led the development and transfer of critical medical equipment parts, collaborating with Bharat Electronics Limited (BEL) to integrate advanced technologies and achieve overall product cost efficiencies.
- Certified Six Sigma Green Belt, applying data-driven methodologies to enhance operational quality and efficiency.
Education
Bachelor of Mechanical Engineering -
MNNIT
AllahabadIntermediate -
S.N. Sen College
KanpurSkills
Supplier management
Cost analysis
Supplier evaluation
Strategic sourcing
Relationship building and management
Certification
Cybersecurity and Data Privacy
Key Skillset
- Extensive experience in developing global sourcing strategies, supplier management, and contract negotiation across diverse local and global suppliers.
- Expert in formulating and executing procurement strategies that align with organizational objectives and enhance operational efficiency.
- Proven ability to foster strong supplier relationships while consistently identifying and delivering innovative cost-saving opportunities.
Timeline
Supplier Relationship manager and Complex RFX leader
IBM India Pvt Ltd
07.2022 - 09.2025
Global Procurement lead for Fixed Price Technical Services
IBM India Pvt Ltd
10.2017 - 06.2022
Global Sourcing Strategist
IBM India Pvt Ltd
07.2012 - 09.2017
Client Services Procurement
IBM India Pvt Ltd
12.2008 - 01.2012
Country Strategic Sourcing Lead
IBM India Pvt Ltd
12.2005 - 12.2008
Operations Management Leadership Program (OMLP)
GE HealthCare
05.2000 - 12.2005
Intermediate -
S.N. Sen College
Bachelor of Mechanical Engineering -
MNNIT