Vinod M
Procurement Leader
Bengaluru,KA
Summary
Seasoned strategic sourcing and procurement leader with over 17 years of experience in APAC and global procurement operations. Demonstrated expertise in digital transformation, strategic vision creation, category management, and technology-driven transformations. Proficient in delivering operational excellence and cost savings through automation, process optimization, and supplier innovation. Proven ability to lead diverse, high-performing teams and collaborate with global stakeholders to align procurement aims with organizational goals. Recognized for strong leadership and procurement transformation abilities. Skilled at aligning procurement strategies with overarching business goals, promoting efficiency, process simplification, and cost savings.
Overview
18
18
years of professional experience
2013
2013
years of post-secondary education
3
3
Certifications
Work History
Senior Sourcing Manager/Global Category Manager
Micro Focus Software Solutions India Pvt Ltd
05.2021 - Current
- Company Overview: An OpenText Company
- Procurement Transformation: Proved strategic thinking and people leadership by building a high-performing team and designing a procurement framework focused on innovation, value creation, and process optimization
- Achieved 20% reduction in procurement cycle times through automation and process optimization
- Partnered with global IT, HR, and Marketing leaders to streamline procurement processes, achieving alignment across fifteen countries
- Strategic Sourcing & Category Management: Led category strategy development and strategic sourcing initiatives, driving cost reductions, supplier innovation, and negotiation excellence for procurement operations across APAC and globally
- Generated $1.5M in annual savings by renegotiating contracts and implementing supplier innovation strategies
- An OpenText Company
India Procurement Manager
Carelon Global Solutions
06.2019 - 05.2021
- Company Overview: Earlier Legato Health Technologies LLP
- Led a team of sixteen procurement professionals managing an annual procurement budget of $80M across India
- Business Operations: Built and led the India procurement team, implementing scalable processes to efficiently support the organizations need
- Implemented SAP Ariba for procurement operations, reducing processing time by 25%
- Procurement Digitalization: Directed the adoption of data-driven insights in procurement operations, enabling a 30% improvement in decision-making speed; fostered stronger supplier relationships through technology-driven solutions that increased overall procurement efficiency
- Earlier Legato Health Technologies LLP
Consultant (Assistant Manager)
AXA Business Services Private Ltd
08.2016 - 06.2019
- Led a team of six procurement professionals managing an annual procurement budget of $30M across APAC
- Central & Regional Procurement: Transformed global procurement operations by balancing central governance with regional flexibility
- Reduced procurement cycle time by 20% through automation and process optimization
- Project Procurement & Operations: Directed procurement for major projects, ensuring seamless alignment with timelines, budgets, and risk mitigation strategies
- Standardized processes, implemented digital tools, and drove process excellence to enhance operational efficiency
- Developed and implemented benchmarking processes to compare procurement operations across APAC, achieving a 15% improvement in efficiency compared to industry standards
Senior Manager Sourcing
HDFC Life Insurance
12.2014 - 06.2016
- Company Overview: Formerly Exide life Insurance Company Ltd
- Delivered $500K in savings annually by renegotiating vendor contracts and standardizing indirect procurement policies
- Formerly Exide life Insurance Company Ltd
Assistant Manager – Indirect Procurement
3M India Limited
01.2013 - 11.2014
Team Leader - Procurement
Lenovo India
01.2012 - 01.2013
- Company Overview: On contract through SDI Business services India Pvt Ltd
- On contract through SDI Business services India Pvt Ltd
Sourcing Specialist
Infosys BPO Limited
03.2009 - 01.2012
Coordinating procurement Specialist
IBM India Pvt Ltd
05.2007 - 03.2009
Education
Masters in business administration - Supply Chain Management
IIBM Institute of Business Management
Bachelor Of Engineering - Mechanical Engineering
Sir M Visvesvaraya Institute of Technology
Skills
Category Sourcing
Vendor Negotiation
Contract Management
Strategic Sourcing
Microsoft Excel
Spend Analysis
Lean Principles
Supplier relationship management
Benchmarking
Procurement Automation
Stakeholder Engagement
Certification
Advanced Negotiation Strategies, Negotiations Ninja, Honing high-level negotiation techniques and strategic supplier partnerships., https://negotiations.ninja/?aad=BAhJIkl7InR5cGUiOiJpc3N1ZXIiLCJ1cmwiOiJodHRwczovL25lZ290aWF0aW9ucy5uaW5qYS8iLCJpZCI6MTEzNTE4Mzc3fQY6BkVUe13570203a16c1710bd7f396418ac1167f35a2d1
Accomplishments
- Establishment of Procurement functions
- Transformation and digitalization of Procurement processes
- Operational Efficiency Awards
Passions
- Sustainable Procurement: Enthusiastic about integrating sustainability in procurement to align with global environmental and social governance standards.
- Technology in Supply Chain: Keen interest in using technology to refine supply chain processes and enhance data-driven decision making.
- Travel: Enjoys exploring diverse cultures and global market dynamics through domestic travel, enriching professional and personal growth.
Timeline
Senior Sourcing Manager/Global Category Manager
Micro Focus Software Solutions India Pvt Ltd
05.2021 - Current
India Procurement Manager
Carelon Global Solutions
06.2019 - 05.2021
Consultant (Assistant Manager)
AXA Business Services Private Ltd
08.2016 - 06.2019
Senior Manager Sourcing
HDFC Life Insurance
12.2014 - 06.2016
Assistant Manager – Indirect Procurement
3M India Limited
01.2013 - 11.2014
Team Leader - Procurement
Lenovo India
01.2012 - 01.2013
Sourcing Specialist
Infosys BPO Limited
03.2009 - 01.2012
Coordinating procurement Specialist
IBM India Pvt Ltd
05.2007 - 03.2009
Bachelor Of Engineering - Mechanical Engineering
Sir M Visvesvaraya Institute of Technology
Masters in business administration - Supply Chain Management
IIBM Institute of Business Management