SRIDEVI R
Procurement/ Vendor Management
Bengaluru
Summary
Results-driven professional with expertise in vendor management and contract management seeking a challenging role to utilize strong negotiation skills, cultivate strategic vendor relationships, and ensure contract compliance. Proven track record in optimizing vendor performance, mitigating risks, and driving cost savings through effective contract management practices.
Overview
10
10
years of professional experience
2
2
Certifications
Work History
Contract Specialist
Iron Mountain
04.2025 - Current
- Negotiated and executed contracts with key vendors, establishing favorable terms, service-level agreements (SLAs), and performance metrics.
- Successfully identified, evaluated, and selected vendors based on rigorous criteria, resulting in cost reduction and improved service quality.
- Identified and mitigated contract risks, leading to a reduction in legal disputes, and improved overall vendor performance.
- Evaluated and monitored contract performance to determine the need for contract amendments or extensions, ensuring compliance with contractual obligations.
- Draft, review, and negotiate contracts, including terms and conditions, service agreements, and vendor contracts,ensuring compliance with legal standards and company policies.
- Monitor and manage vendor contracts, including performance metrics, managing renewals, PO and ensuring compliance with agreed terms.
Finance Associate Procurement
Coinswitch
09.2021 - 11.2024
- 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.
- Resolved invoice and payment issues to facilitate prompt payment to suppliers.
- Evaluated supplier quotes based on purchasing procedures and competitiveness in quality, price and delivery.
- Analyzed market trends to identify new suppliers and emerging technologies that could enhance company operations or reduce costs.
- Reviewed and issued contracts and blanket purchase orders after choosing ideal vendor and drive Procurement.
- Ensured timely payments to vendors by accurately inputting payment details and following up on outstanding invoices.
- Streamlined invoice processing by implementing efficient data entry techniques and software tools.
Deputy Manager
Indusind Bank
07.2019 - 08.2020
- Used excellent problem-solving and issue-resolution strategies to rectify difficulties quickly and effectively.
- Monitored contract compliance, tracked deliverables, and managed milestones and timelines effectively.
- Evaluated vendors, considering factors such as cost, quality, and reliability, resulting in the identification of strategic partners.
- Supervised and delegated tasks to employees to meet key productivity targets.
- Evaluated market conditions and competitor actions to develop successful marketing strategies.
- Assessed and selected vendors based on predetermined criteria, optimizing cost-efficiency and quality.
Senior Associate (Finance Associate)
Standard Chartered Bank
08.2015 - 06.2019
- Cultivated productive vendor relationships, effectively resolving any issues or conflicts that arose.
- Resolved contract disputes and managed change requests, maintaining positive stakeholder relationships.
- Process invoices, Record accounts payable and accounts receivable, Update internal systems with financial data.
- Prepare monthly, quarterly and annual financial reports. Reconcile bank statements.
- Participate in financial audits. Implemented streamlined contract management processes and systems, optimizing workflows and enhancing efficiency.
Education
Bachelor of Business Administration - Commerce
Sri Sai Sathyanarayana College
Bengaluru, KAPUC - undefined
St Charles PU College
BangaloreSSLC - undefined
Shobhana Memorial High School
BangaloreSkills
Strong communication and interpersonal skills
Problem-solving and decision-making
Attention to detail and organizational skills
Knowledge of procurement software and tools (eg, SAP, Oracle, Finly
Documentation review
Procurement strategies
Contract negotiation
Certification
Completed D-PAC with 1st class, 2015
Skills Software
- Spreadsheets- Excel
- Data entry
- Worked on Finly and Oracle ERP
Timeline
Contract Specialist
Iron Mountain
04.2025 - Current
Finance Associate Procurement
Coinswitch
09.2021 - 11.2024
Deputy Manager
Indusind Bank
07.2019 - 08.2020
Senior Associate (Finance Associate)
Standard Chartered Bank
08.2015 - 06.2019
Bachelor of Business Administration - Commerce
Sri Sai Sathyanarayana College
PUC - undefined
St Charles PU College
SSLC - undefined
Shobhana Memorial High School