Summary
Overview
Work History
Education
Skills
Personal Details
Languages
Timeline
Generic
V S Santosh

V S Santosh

Pune,Maharashtra

Summary

  • Results-driven and seasoned Procurement, Vendor Management, and Contract Management professional with over 11 years of expertise in the IT and Manufacturing sectors.
  • Experienced in optimizing supply chain operations, reducing costs, and driving efficiency through strategic procurement initiatives & vendor partnerships.
  • Adept at negotiating and managing contracts, ensuring compliance, and mitigating risks.
  • Skilled in fostering collaborative relationships with suppliers to achieve mutually beneficial outcomes. Strong analytical and problem-solving abilities combined with excellent communication skills.
  • Committed to delivering measurable results and contributing to the success of cross-functional teams. Proven track record in project management and stakeholder engagement.

Overview

12
12
years of professional experience

Work History

Manager-Procurement, Contract & Vendor Management

Zinnia Digital (fka-SE2 Digital Service LLP)
Pune
2019.07 - Current
  • Played a lead role in development and implementation of the entire procurement process.
  • Created standard operating procedures (SOPs) from scratch, ensuring alignment with organizational goals and industry best practices.
  • Successfully identified and onboarded key suppliers for various categories through past relations, meticulous market research and vendor assessments.
  • Formulated and executed strategic sourcing strategies, resulting in a diversified and reliable supplier base.
  • Used various negotiation tactics, leading to significant cost savings on procurement expenditures.
  • Applied cost benchmarking initiatives, resulting in a more transparent and competitive procurement environment.
  • Drafted, negotiated, and finalized contracts with vendors & internal legal department, ensuring legal and compliance standards were met.
  • Developed a comprehensive contract management system to monitor compliance and mitigate risks associated with vendor relationships.
  • Fostered strong relationships with cross-functional teams & stake holders to understand their procurement needs and align strategies with organizational objectives.
  • Collaborated with HR, finance, marketing, branding, technology, legal, and operations departments to take feedback and ensure seamless functioning of procurement processes.
  • Monitored and reported key procurement metrics, including cost savings, supplier performance to senior management, showcasing the positive impact of the established procurement processes.
  • Instituted a continuous improvement culture within the procurement team, regularly reviewing and optimizing processes for increased efficiency.
  • Implemented feedback mechanisms to capture insights from stakeholders, fostering a responsive and adaptive procurement environment.

Project: Global Vendor Risk Management Tool - KY3P

  • Assisted global vendor management team in evaluation and selection process for a cutting-edge vendor management tool, KY3P, aligning it with organizational needs and industry best practices.
  • Worked closely with cross-functional implementation teams, ensuring seamless integration of KY3P into the system.
  • Oversaw project timelines, milestones, and deliverables to guarantee on-time deployment as per the agreed SLA.
  • Collaborated with KY3P representatives to customize the tool based on specific organizational requirements, enhancing its functionality and relevance.
  • Conducted training sessions for internal stakeholders to familiarize them with KY3P, promoting user adoption and maximizing the tool's potential.
  • Managed the seamless migration of vendor data from existing systems to KY3P, ensuring data accuracy and integrity throughout the process.
  • Utilized KY3P functionalities to streamline and enhance existing vendor management processes, resulting in increased efficiency and reduced manual effort.
  • Implemented automation features to expedite due diligence, risk assessment, and compliance monitoring.
  • Leveraged KY3P's data analytics tools to generate real-time reports and dashboards, providing key insights into vendor performance, compliance, and risk levels.
  • Received acknowledgment from senior management for successful KY3P implementation, demonstrating its positive impact on vendor management practices.

Project: Global Business Continuity Management

  • Played a key role in the initiation and planning phases of the BCM project, contributing to define project objectives, scope, timelines clear deliverables and milestones.
  • Facilitated communication between project team members, cross-functional stakeholders, and relevant departments to enhance collaboration and information flow.
  • Contributed to the development and execution of risk assessment and business impact analysis activities within the BCM project.
  • Worked closely with the project team to identify critical business processes, assess potential risks, and prioritize continuity efforts.
  • Collaborated in the formulation and refinement of BCM policies and procedures, aligning them with industry standards and regulatory requirements.
  • Ensured that policies and procedures were communicated effectively to relevant stakeholders.
  • Participated in the design and implementation of training programs to enhance organizational awareness of BCM principles and procedures.
  • Conducted training sessions for employees, fostering a culture of preparedness and resilience.
  • Actively participated in and facilitated business continuity testing and simulation exercises.
  • Generated comprehensive reports for senior management, highlighting project milestones, challenges, and achievements.

Project: Executive Support and Employee Engagement

  • Worked closely with the CEO to draft and refine Monday memos to align with his messaging style, ensuring clear and effective communication of strategic updates, organizational goals, and key announcements.
  • Orchestrated seamless town halls, annual parties, and celebrations, from conceptualization to execution.
  • Coordinated logistics, managed budgets, and ensured a positive and engaging experience for employees during these events.
  • Developed and implemented a variety of employee engagement initiatives, fostering a positive and inclusive workplace culture.
  • Organized team-building activities, recognition programs, and wellness events to enhance overall employee satisfaction and morale.
  • Led the planning and coordination of sports meets, creating opportunities for employees to engage in friendly competition and promote a healthy work-life balance.
  • Managed logistics, team registrations, and coordinated with relevant stakeholders for successful sports events.
  • Played an integral role in organizing corporate social responsibility (CSR) initiatives, aligning activities with the organization's values and community impact goals.
  • Facilitated employee participation in volunteer programs and community outreach activities.

Sr. Associate - Procurement

Synechron Technologies Pvt. Ltd.
Pune
2016.10 - 2019.07
  • Successfully led the procurement of IT hardware and software, ensuring timely acquisitions and adherence to technical specifications.
  • Negotiated with vendors to secure favorable terms, resulting in cost savings without compromising quality.
  • Managed end-to-end procurement processes for non-IT items and administrative supplies, ensuring alignment with organizational needs and cost-effectiveness.
  • Developed and maintained relationships with suppliers to ensure a reliable and diverse vendor base.
  • Implemented rate contracts for repetitive purchases, optimizing procurement costs and ensuring consistency in pricing.
  • Managed Annual Maintenance Contracts (AMCs) for critical equipment, ensuring seamless operations and minimal downtime.
  • Successfully executed marketing campaigns by strategically placing hoardings and banners in key cities, enhancing brand visibility and recognition.
  • Coordinated with advertising agencies, negotiated placements, and ensured adherence to brand guidelines.
  • Conceptualized and implemented a comprehensive range of branded merchandise, including T-shirts, bags, helmets, pens, etc., to reinforce brand identity.
  • Collaborated with vendors for design, production, and quality control to ensure consistency and brand alignment.
  • Oversaw the end-to-end process of producing in-house technology magazines, serving as a valuable tool for internal and external communication.
  • Developed impactful marketing collateral such as brochures, flyers, and promotional materials to support various campaigns and events.
  • Established robust steps for tracking and processing invoices, ensuring accuracy and timely payments.
  • Collaborated with finance teams to resolve discrepancies and streamline the invoice approval workflow.
  • Implemented efficient Procure to Pay processes, enhancing the speed and accuracy of procurement transactions.
  • Conducted comprehensive budget analyses for procurement activities, aligning expenditures with departmental and organizational budgets.
  • Generated and analyzed variance reports to identify discrepancies between planned and actual expenses.
  • Prepared detailed Budget vs Actuals reports, offering a clear overview of financial performance against planned budgets.
  • Collaborated with finance teams to reconcile and address any discrepancies.
  • Developed Management Information System (MIS) reports, providing key stakeholders with real-time insights into procurement metrics.
  • Quantified and reported cost savings achieved through strategic procurement initiatives.
  • Played a key role in procurement audits, ensuring compliance with internal policies, industry regulations, and best practices.
  • Collaborated with audit teams to provide necessary documentation and insights during audit processes.

Buyer - Procurement

Atlas Copco (India) Pvt. Ltd.
Pune
2014.07 - 2016.10
  • Conducted comprehensive vendor evaluations based on RFI/RFQ/RFP responses, considering factors such as cost, quality, and service levels.
  • Introduced templates and guidelines to enhance the clarity and completeness of indirect procurement documentation.
  • Led the strategic procurement of telecom services, negotiating agreements with vendors to optimize costs while ensuring reliable and efficient communication services.
  • Implemented cost-saving measures through the identification of competitive telecom solutions for voice, data cards & landlines.
  • Managed end-to-end fleet procurement, from vehicle lease and ongoing maintenance.
  • Implemented efficiency improvements in fleet operations, leading to cost reductions and enhanced overall performance.
  • Oversaw the procurement of durable and cost-effective kitchen equipment, ensuring compliance with safety and quality standards.
  • Successfully managed the mobile number portability process, facilitating seamless transitions between telecom service providers.
  • Ensured minimal disruptions to business operations during the porting process.
  • Negotiated lease agreements for IT equipment, including hardware and software, optimizing terms and conditions to align with organizational objectives.
  • Standardized procedures for invoice processing in collaboration with the finance team, reducing processing times and minimizing errors.
  • Actively addressed and resolved discrepancies in vendor invoices by collaborating with both internal stakeholders and vendors, ensuring accurate payments and maintaining vendor satisfaction.
  • Maintained meticulous records of invoice processing activities, ensuring compliance with audit requirements and providing transparency in financial transactions.

Executive - Procurement & Commercials

Syntel Ltd.
Pune
2012.06 - 2014.07
  • Created and processed Purchase Requisitions for IT & Admin requirements, ensuring accuracy and alignment with organizational needs.
  • Collaborated with various departments to gather PR details and specifications for seamless procurement execution.
  • Developed and issued Purchase Orders in accordance with approved PRs, maintaining compliance with organizational procurement policies.
  • Negotiated terms, delivery schedules, and pricing with vendors to secure favorable agreements.
  • Conducted thorough reconciliation of received goods and services against issued Purchase Orders.
  • Resolved discrepancies and ensured timely resolution of invoicing issues, fostering positive relationships with vendors.
  • Generated and maintained Open Purchase Order reports, providing real-time visibility into outstanding commitments.
  • Collaborated with finance and accounting teams to ensure accurate financial reporting.
  • Negotiated and managed Rate Contracts with vendors, optimizing pricing structures and ensuring cost-effectiveness.
  • Oversaw the creation and management of Annual Maintenance Contracts (AMCs) for IT equipment and administrative assets.
  • Prepared and presented savings reports to senior management, highlighting accomplishments and opportunities for further optimization.

Education

MBA - Marketing & Finance

Bhilai Business School, Punjab Technical University
Bhilai, Chhattisgarh
2011-10

Bachelor of Commerce - Commerce

Shri Shankaracharya Mahavidyalay, Pt. Ravishankar Shukla University
Raipur, Chhattisgarh
2009-04

High School Diploma -

Jyoti Vidayalaya, Chhattisgarh Board of Secondary Education
Bhilai, Chhattisgarh
2006-03

10th - Commerce

Jyoti Vidayalaya, Chhattisgarh Board of Secondary Education
Bhilai, Chhattisgarh
2003-03

Skills

CORE:

  • Strategic sourcing
  • Category management
  • Contract management
  • Supplier relationship management
  • Third party risk management
  • Project management
  • Cross-functional teamwork
  • Analytics & negotiations
  • Financial acumen
  • Ethical conduct

SOFT:

  • Communication (Both written & spoken)
  • Adaptability
  • Problem solving
  • Time management
  • Emotional intelligence
  • Leadership
  • Conflict resolution
  • Attention to detail
  • Customer focus
  • Continuous learning

Personal Details

  • Date of Birth: 04-Sept-1987
  • Nationality: Indian
  • Marital Status: Married

Languages

English, Hindi, Telugu and Marathi

Timeline

Manager-Procurement, Contract & Vendor Management

Zinnia Digital (fka-SE2 Digital Service LLP)
2019.07 - Current

Sr. Associate - Procurement

Synechron Technologies Pvt. Ltd.
2016.10 - 2019.07

Buyer - Procurement

Atlas Copco (India) Pvt. Ltd.
2014.07 - 2016.10

Executive - Procurement & Commercials

Syntel Ltd.
2012.06 - 2014.07

MBA - Marketing & Finance

Bhilai Business School, Punjab Technical University

Bachelor of Commerce - Commerce

Shri Shankaracharya Mahavidyalay, Pt. Ravishankar Shukla University

High School Diploma -

Jyoti Vidayalaya, Chhattisgarh Board of Secondary Education

10th - Commerce

Jyoti Vidayalaya, Chhattisgarh Board of Secondary Education
V S Santosh