SRINIVASAN DEVARAJU
Sr Manager Procurement
Bangalore,Karnataka
Summary
Collaborative leader with dedication to partnering with coworkers to promote engaged, empowering work culture. Documented strengths in building and maintaining relationships with diverse range of stakeholders in dynamic, fast-paced settings.
Overview
19
19
years of professional experience
3
3
years of post-secondary education
5
5
Languages
Work History
Senior Manager- Procurement
AIX Connect Private Ltd (Formerly Known As AirAsia India Pvt Ltd)
02.2018 - Current
- Centralized General Procurement for Pan India Operations such as Uniforms & Accessories, ICT, Inflight Merchandise, Staff Welfare, Utility, Printing, Stationeries, Office Renovations, Marketing Materials, Event Management, Operational Requirements & Ground Handling Services Contract Management etc
- Managing 14 user department with regard to above requirements on day to day basis
- Sourcing of vendors & floating of RFQ /RFP with team members
- Currently team strength of 15 members who are involved in the procurement
- Eradication of single source vendor to multiple vendors for competitive pricing & thus positive impact to P&L
- Optimization of cost by local sourcing rather than importing from our group companies / group appointed vendors
- Cost saving project key SPOC across all functions
- Managed the Local procurement of India in line with group procurement SOP.
Commercial Manager India
Nuance Group India Pvt. Ltd. (a Dufry company)
03.2009 - 01.2018
- Steering buying, sourcing & merchandising efforts; proficiency in organising product promotions for enhancing the brand image and visibility of the products; extensive knowledge of product development, visual merchandise and product launches to widen the product portfolio and generate exceptional sales volumes
- Leveraged skills and capabilities in budgeting, planning, profitability, sub product mix and presentation of Food & Non -food categories like: Liquor, Food, Tobacco, Toys, Apparels, Fashion & Accessories for Duty Free business
- Possess in-depth knowledge of FSSAI regulations, Customs, COTPA & Excise regulations for the business
- Hands-on experience in delivering effective and commercial visual standards which support brand marketing initiatives, including store layouts and window displays, thereby contributing to the achievement of the brand sales targets
- Pioneer in driving business growth through identification & penetration of new market segments for attainment of targets with a view to optimize revenue
- Outstanding success in building and maintaining relations with key corporate decision makers for major prestigious international retail brands in ISC & Europe regions
- Devising & implementing new set-up plans after studying current consumer insights & technology trends and effectuating the same for different consumer segments
- Skilled in ensuring delivery on merchandise planning, driving sales strategies and achieving standards agreed by the host brand
- Recognized for professionalism, positive mental attitude, commitment to excellence; knack for communicating and interacting effectively with the senior management, associates, and customers.
Executive - Commercial
Lifestyle International Pvt, Ltd.
10.2004 - 02.2009
- Managed the team of 30 Purchase Assistants
- Processed Purchase Orders across all departments
- Adhered to statutory compliances that involved VAT, SWM, Taxation Classification and others
- Administered timely submission of Purchase Orders to vendors & kept track of the deliveries
- Recognised as the key contributor to the team to take lead in case of any query related to Purchase Order
- Interacted with the Concept Buying Team on new Merchandise planning; supported Regional Team on various details on the PO level
- Generated MIS reports on Daily & Weekly basis - Order vs
- Receipt Report
- Networked with Group Accounts for C Form issues of Vendors, Accounts reconciliations and so on.
Education
B.Com. -
Kalinga University, Chhattisgarh
Chattisgarh 04.2001 - 04.2004
Diploma in Electronics & Telecommunication (DE &TC) -
KIET Polytechnic, Bangalore
Skills
Accomplishments
- Streamlining of process from manual PO to digital PO which are mandated from compliance perspective
- Managing the Pandemic requirements for PAN INDIA without hampering the operations (O2 Concentrator, Covid Protective gears, etc during wave 1 2019)
- Expansion of vendors within the category and subcategory for supply pool & so far we have onboarded approx. 500 vendors to cater our operational needs
- Successfully implemented Automation of Invoice processing DMS (Data Management System) to account all invoices under P2P process for timely payments
- Multiple quotes system across sourcing activity was initiated within the company by swapping the concept of Solo Vendor
- Zero findings with internal & external audits with process streamlined
- Digitalization of Non PO to PO to ensure budget checks are cleared before seeking for goods/services delivery
Cost Savings
General Expenses : Overall Savings estimated from FY 2019 – 2023 is Rs 9.58Cr however we have delivered the savings of Rs 8.62 Cr as at March 2023. We have been successful in operational contracts negotiations, FY 2023-2024 estimated cost savings with 6 Projects Rs 19.89Cr.
Received two consecutive awards for Cost savings Guardian of Cost & Shikar Champions , Star Award for the employee of the year 2022.
Personal Information
- Date of Birth: 05/26/81
- Marital Status: Married
Projects
o Migration of ERP from Microsoft to Oracle P2P during 2019
o Driving the SUSTAINABILITY vendors and products to meet the UNSDG goals within the organization.
o Implementation of RFQ/RFI for larger projects as a mandate by educating the business team.
o DMS (Data Management System) implementation for automation of Invoices.
o Lead the team for building the SOP for P2P process
Timeline
Senior Manager- Procurement
AIX Connect Private Ltd (Formerly Known As AirAsia India Pvt Ltd)
02.2018 - Current
Commercial Manager India
Nuance Group India Pvt. Ltd. (a Dufry company)
03.2009 - 01.2018
Executive - Commercial
Lifestyle International Pvt, Ltd.
10.2004 - 02.2009
B.Com. -
Kalinga University, Chhattisgarh
04.2001 - 04.2004
Diploma in Electronics & Telecommunication (DE &TC) -
KIET Polytechnic, Bangalore
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