Armaan Gupta Email & Phone Number

Mumbai, Mh, In

# Managing IT Sourcing (Software and Hardware)# Formulated Sourcing Strategy by evaluating partners using Kraljic Matrix and calculating TCO using various sourcing models; primarily Perpetual license model, SAAS and Subscription based license model.# Reduced Tail Spend by 10% and Enhanced Procurement Efficiency by co-terming renewals and concluding entire scope together.# Negotiated multiple Subscription based license and SAAS deals for Digital Signature, Vendor evaluation for data security solutions etc. and reduced procurement spend by carry-forwarding unutilized licenses.# Negotiated and contracted End to End commercials and T&Cs (Subscription Licenses, Deployment, SLAs etc.) of AI tool with Chat Bot Interface to transform financial reporting.# Achieved best TCO by negotiating Multi-year deal of Perpetual Licenses, Deployment and AMC for 3 modules (Investment, Debt and Currency) of a Treasury Tech solution.# Managed Procurement of Direct material (SIM cards, Cameras); quantum 250 Mn units/year; spend $110 Mn/year.# Reduced cost by 28% by calculating Should-be cost using 2 key approaches - Zero based cost and Price Benchmarking (among suppliers, with competitors and across global markets).# Enhanced Supply Chain Resilience by diversifying supplier base (from 1 supplier to 3 suppliers) and partnering with strategic suppliers to de-risk supply of key components and diversifying their Supplier base.

Improving Planning by assessing Supply chains and Implementing IBP.Project: S&OP-Demand Planning Process Optimization# Improved S&OP-Demand planning process of a Fortune 500 company.# Improved Forecast accuracy at the Part number-Geo level by developing a new forecasting model.# Improved planner's contribution by developing a feedback mechanism using Forecast Value addition and Relative Absolute Error.

Mumbai

S2C Transformation# Conducted Spend Analysis for 3000+ vendor base and developed Kraljic Matrix to generate critical insights to formulate supplier specific souring strategy.# Reduced Procurement Spend by 8% by incorporating 3 key sourcing strategies - Consolidating supplier base, Raw-material consolidation and implementing Category Management across the organization.P2P Transformation# Spearheaded As-Is analysis, Diagnostics and To-be Design for P2P process by collaborating with various cross functional teams.# Improved Integrity of the P2P process by setting up Process-validation team before PO approval.# Implemented 2 Procurement technology solutions (RFX Manager and R-Auction); streamlining procurement processes and reducing manual work by 40%, resulting in improved efficiency and time savings.

Project Procurement# Managed S2P (Source to Pay) of CAPEX Projects (1 Green field and 1 Brown field); spend $20 Million.# Evaluated suppliers commercially and negotiated both Material (including Capital Spares and Operational Spares) and Installation & Commissioning Service prices for stand-alone orders(packages) worth $2 to 2.5 Million and achieved best Total cost of ownership.# Improved vendors performance by evaluating their performance at 3 stages (Pre-order, Order Execution & Post-order).# Successfully Negotiated contracts with terms; achieving average savings of 9%, increasing payment terms by 15 days and mitigating supply risk by securing payment against Bank Guarantees.MRO Procurement# Managed S2P (Source to Pay) of MRO material and realized annual savings (6%) through competitive price benchmarking and developing new suppliers.# On-boarded 3 new strategic suppliers; increasing supplier diversity by 15%, reducing lead time by 8% and product changeover by 5%.# Reduced Procurement spend by 8% and Inventory by 15% by negotiating ARC (Annual Rate contracts) of MRO material (Filters and Pump Spares) with strategic suppliers.

Nagothane, Maharshtra

# Led Mechanical reliability team of 5 people to ensure optimum availability of equipment.# Planned & Scheduled Shutdown activities and weekly/monthly Preventive Maintenance activities.# Optimized spares Inventory levels by conducting FSN analysis.

Anand, Gujarat

Developed a Prototype to enhance the approach angle of the bucket of a Backhoe Loader

Post Graduation In Managememt

Activities and Societies: Alumni Committee

Bachelor Of Engineering

Activities and Societies: Sports Committee

Education record