Vikas Aggarwal
Summary
Senior management professional, bringing strategic leadership and operational excellence to drive organizational success. Skilled in project management, Global Strategic Sourcing, Category Management, Procurement Transformation & Excellence, Supply Chain, team collaboration, and process optimization with keen focus on achieving results. Solid track record of consistently exceeding targets in productivity and work quality. Adept at navigating complex challenges, fostering culture of accountability, and adapting to evolving business needs. Known for strong decision-making, effective communication, and building high-performing teams.
Overview
19
19
years of professional experience
Work History
Senior Manager- Sourcing & Procurement
ACCENTURE SOLUTIONS PVT LTD
07.2019 - Current
- Execution managing large scale delivery and operations, procurement transformation, process optimization and sales support for clients across the Globe
- Leading multiple sourcing/P2P accounts across globe with team of around 65 resources
- Applied strong leadership talents and problem-solving skills to maintain team efficiency and organize workflows
- Effective Client Account Management & building appreciative client relationships
- Supported sales/solutioning team to help finalize the FTE and tool requirement for new accounts
- Leading and managing IO practice for the development, implementation, management, and performance of end-to-end sourcing strategies (Capex/MRO) across globe within a given Category to meet business goals and objectives
- Led and directed team to manage development of category plans, relationships with suppliers and business stakeholders, supplier continuous improvement plans
- Led and directed team to manage the fundamentals of sourcing and supplier engagement activities including RFx, spend pattern analysis, contract analysis, bid evaluation, negotiations, and supplier consolidation
- Identified sourcing opportunities by leveraging spend analysis tools and engage with stakeholders to consolidate requirements over categories, suppliers and geographies
- Accountable to drive cost savings and overall compliance for the category
- Identify non compliant and opportunity spend as per category strategy to improve compliance
- Researches and benchmarks current commodity market conditions/trends, developing technologies, supply chain capacity/capability, product knowledge, customer requirements and supply/demand challenges
- Expanded cross-functional organizational capacity by collaborating across departments on priorities, functions and common goals
- Reduced process bottlenecks by training and coaching employees on practices, procedures and performance strategies
- Client Handled: Averda-Waste Management-UAE, P66-USA, Stanley Black & Decker-USA, Halliburton-USA, Bristol Myers Squibb-USA, Suncor, Canada, Inpex-Australia, Spirit Energy-UK
Supervisor-Commercial Strategy-Material Management
FLUOR DANIEL INDIA PVT LTD
08.2015 - 06.2019
- Extensive experience in cross functional industry- Oil & Gas, Power, Chemical, Mining, Material Handling with projects ranging from USD 400Mn to USD 16Bn
- Strategy/Planning for procurement/sourcing strategies for project oriented equipment-long delivery & critical items
- Prepared Cost reduction strategies using low cost country sourcing initiatives
- Performed benchmark activities, supply market research to determine optimal sourcing options based on cost and lead time
- Managed development, implementation and delivery of the category strategies including sourcing activities which generate benefits and achieve financial savings targets
- Identified new/alternate manufacturers and eliminated dealers/distributors to save additional cost
- Savings over Million dollars (~10% of budgeted cost) for successfully executed projects
- Floated RFQs/RFPs for bought items to approved vendors
- TCO analysis including offer evaluation, technician/commercial comparisons of offers, negotiations & discussion with vendors to release orders
- Handled customer complaints, resolved issues and adjusted policies to meet changing needs
- Client Handled: LNG Canada, BASF-Global, Petronas-Malaysia, Prumo LNG-Brazil, PTT Global chemical-USA, Total Tilenga-Uganda
Manager - Projects
LARSEN & TOUBRO
12.2014 - 08.2015
- Handled sub categories/equipment for Supercritical Boilers, NTPC, India - Greenfield Lump Sum EPC project
- Responsible to study contract/purchase order received from client & preparation of technical queries if any & sorting out with clients/consultant
- Finalized Scope parameters, their schedule and cost baseline
- Identified Project Risks & Opportunities in Contract & developed Risk register & devised its mitigation plans and executing change
- Managed engineering completion, ordering & supplies in time meeting site requirements
- Coordinated with internal and external stakeholders for timely completion of milestones and project completion
- Accountable to prepare Progress report - monthly weekly, S- curves generation
- Client Handled: NTPC-India
Senior Engineer - Projects
DESEIN INDURE PVT LTD
09.2005 - 12.2014
- Extensive experience in cross functional industry- Thermal, Waste Heat & Solar Power, Material Handling
- Responsible for contract/purchase order received from client & preparation of technical queries if any & sorting out with clients/consultant
- Responsible for Scope statement and implementing change management system for projects
- Finalized Scope parameters, schedule and cost baseline
- Cross functional ability to coordinate for timely ordering of equipment, services & manpower and to coordinate with internal and external stakeholders for timely completion of milestones and project completion
- Managed engineering completion, ordering & supplies in time meeting site requirements
- Supported sales and tendering team for project estimation
- Ensured to coordinate logistics, statutory requirement as per contract requirement
- Responsible to prepare Progress report - monthly weekly, S- curves generation and MIS and project closure
- Floated RFQs/RFPs for bought items to approved vendors
- TCO analysis including offer evaluation, technician/commercial comparisons of offers, negotiations & discussion with vendors to release orders
- Identified Project Risks & Opportunities in the Contract & developed Risk register & devised its mitigation plans and executing change
- Executed the qualitative & quantitative assessment of risks
- Client Handled: Fujairah Cement Industries-UAE, Rajasthan Spinning & weaving mills-India, Dalmia Cement-India, Sunborne Energy-Solar-India, Kanishk Steel-India, Neyveli Power-India
Education
MBA - International Business
Indian Institute of Foreign Trade
03.2017
Bachelor of Engineering - Mechanical Engineering
LIMAT
05.2005
Skills
- Managerial skills
- Team Leadership
- Key Account Management
- Operations management
- Project Management
- Global & Strategic Sourcing
- Procurement Transformation
- Category Management
- Supplier Relationship Management
- Contract Management
- Stakeholder Management
- Supply Chain
Accomplishments
- Handled company's 1st overseas EPC project in UAE with enriched site experience.
- Savings over Million dollars (~10% of budgeted cost) for successfully executed projects.
- Handled single commodity/equipment of USD 40 Mn with savings of USD 11 Mn.
- Headed solar projects for providing project progress reports to investors.
- Headed to develop skill matrix tool in Power BI which will help in solutioning and identify skill gaps within the department.
- Implemented SAP into past organizations as a Champion User and worked as PM from business side.
Timeline
Senior Manager- Sourcing & Procurement
ACCENTURE SOLUTIONS PVT LTD
07.2019 - Current
Supervisor-Commercial Strategy-Material Management
FLUOR DANIEL INDIA PVT LTD
08.2015 - 06.2019
Manager - Projects
LARSEN & TOUBRO
12.2014 - 08.2015
Senior Engineer - Projects
DESEIN INDURE PVT LTD
09.2005 - 12.2014
Bachelor of Engineering - Mechanical Engineering
LIMAT
MBA - International Business
Indian Institute of Foreign Trade
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