Vinayak Kolekar

• Led end-to-end strategic sourcing and category management for indirect and services spend. Owned category strategies aligned to cost optimization, risk mitigation, ESG goals, and business scalability, partnering with senior cross-functional stakeholders.
• Executed RFX, e-bidding, and reverse auctions using Coupa and SAP Ariba, improving sourcing cycle time and commercial outcomes.
• Delivered a 7% sourcing cost reduction ($3.46M annual savings) and improved working capital by 15 days through negotiations and supplier optimization.
• Achieved a 9% carbon emission reduction through fleet and logistics optimization initiatives. Implemented BI-driven supplier risk heatmaps and strengthened engagement across approximately 70% of indirect suppliers.
• Managed ~$33M annual indirect spend, ensuring governance, compliance, and value realization.

(Client deputation: Stanley Black & Decker – Global Procurement)

• Led global strategic sourcing and category execution across Indirect and Services categories, including IT, Consulting, HR, Logistics, Fleet, Capex, and Opex. Drove supplier segmentation, governance, and QBR frameworks, improving supplier capability and performance.
• Executed strategic sourcing plans, RFX events, and negotiations, delivering a 15–17% sourcing cost reduction.
• Achieved 5.6% YoY productivity savings and 11.7-day working capital improvement per quarter.
• Reduced sourcing complexity by 19.7% year over year through supplier rationalization and standardization. Managed ~$112M annual indirect spend in alignment with global procurement standards.

(Client Deputation: HSBC UK – Procurement)

• Supported global strategic sourcing and category management for indirect and services spend within a regulated banking environment.
• Managed RFX processes, supplier evaluations, negotiations, and contract lifecycle management. Partnered with Business, Finance, Marketing, Services, Legal, Risk, and IT teams to ensure compliance and value realization.
• Delivered 9.7% sourcing cost savings through supplier optimization and commercial discipline.
• Managed approximately $89 million in annual indirect spend, maintaining strong risk and compliance controls.

Deputation: ABB Singapore and Australia.

• Supported regional and global sourcing operations across Direct and Indirect categories. Executed strategic sourcing, RFX management, supplier evaluation, and contract administration.
• Delivered a 10% sourcing cost reduction and 3.1% YoY productivity savings through negotiations.
• Reduced supplier and sourcing complexity by 7.3% via consolidation initiatives.
• Managed approximately $22.6 million annual spend, supporting manufacturing and project operations.

• Built and scaled strategic procurement capabilities for a high-growth automation and manufacturing environment. Executed long-term category strategies, RFX, negotiations, and contract management.
• Delivered 23.5% sourcing cost reduction and 6.77% YoY savings, improving working capital by 13.6 days per quarter.
• Achieved a 33% complexity reduction over three years through supplier consolidation and standardization.
• Led logistics and fleet optimization, achieving a 10% carbon emission reduction.
• Managed approximately $36.6M annual spend, balancing cost, speed, quality, and risk.