Chet Patel Email & Phone Number

New Brunswick, Nj, Us

Lead a global procurement organization that is responsible for the delivery of procurement solutions for highly complex prioritized business projects across Management Consulting, Financial Services, and Technical Services, supporting a global spend of over $1B.

New Brunswick, Nj, Us

Developed and implemented an agile procurement framework by identifying the highest priority business needs, using procurement tools and techniques to build a culture of speed, responsiveness, empowerment, customer-centricity, and efficiency. • Shaped and delivered the IT Procurement Agile strategy, roadmap, and capability framework by implementing an operating model and developing a cross functional procurement team that is focused on sourcing execution. Created a process in full alignment with senior leadership where procurement teams work on cross functional projects in short cycles, delivering value iteratively and engaging frequently with IT Stakeholders

Manage commodity and vendor ownership within the IT Services category company wide supporting a global spend over $950M. Responsible for development of procurement strategy, global category management, stakeholder management and supplier management processes that align directly with organizational goals and dynamic business requirements while achieving optimum value. Develop and maintain strong relationships with key leaders across the IT function and lead and shape the relationships with key strategic suppliers ensuing alignment between business strategies and sourcing execution

•Managed commodity and vendor ownership within the software category, overseeing a global spend of $300M•Lead all technology sourcing initiatives for Merck Research Laboratories in support of clinical and preclinical activities including but not limited to target identification applications, pharmacovigilance /adverse event reporting, risk based monitoring, clinical learning management system, and software development and resource solutions•Managed all indirect procurement activities in support of merger and acquisition of Cubist Pharmaceuticals including integration of procurement procedures and policies, identification of vendor management/consolidation, resulting in an overall cost savings of over $15M•Implemented mentoring program in support of economic inclusion; identifying opportunities for small and diverse businesses enabling them to integrate with sourcing strategies and deliverable, resulting in over $10M in annual spend

• Collaborated with stakeholder organizations to demonstrate marketplace capabilities to externalize research activities previously performed internally, resulting in over 25% cost savings• Lead multiple sourcing initiatives including the establishment of FTE outsourcing/insourcing business models, full externalization models, and models for work performed on a fee-for-service basis with complete make versus buy cost analysis• Implemented process improvements through the use of lean six sigma methodologies resulting in the reallocation of over $4M in spend with a preferred group of suppliers, resulting in a 16% reduction of a non-managed supplier base• Standardized lab services into commodities, enabling the use of e-auctions to successfully negotiate 25% to 35% savings• Increased supplier performance and quality of deliverables by implementing customer satisfaction surveys and score-carding using supplier value management process, resulting in consistent innovation and process improvement for multiple suppliers• Lead Supplier Diversity initiatives through a mentoring program; identifying opportunities that integrate with sourcing strategies, enabling multiple suppliers to significantly increase their individual activity with Merck

Gothenburg, Se

•Responsible for vendor management including the development and administration of enterprise risk management, continuous improvement programs, and supplier qualification and evaluations•Responsible for conducting pre-negotiation planning, live negotiations as well as leading and conducting RFPs, quotation analysis, and cost modeling

New York, Ny, Us

•Developed and executed RFI/RFP documents to service providers and supported negotiation strategy and contract modifications, resulting in a 25% overall savings for reinsurance technical services•Managed global cross functional project teams for strategic initiatives and ensured timely deliverables with optimal quality and costs

New York, Us

•Led a team of 5 senior analysts in value stream mapping activities to analyze all current state processes and methodologies, identify value and non value added activities, and implement process improvement initiatives to reduce overall cost by 10-15%•Managed business processes through lean manufacturing that improved overall efficiency and effectiveness of the global wholesale returns process, which resulted in a 60% faster delivery of credit to the consumer and significant reductions in labor

Lawrence Township, Nj, Us

•Lead kaizen projects within supply chain, that resulted in improved productivity, quality, and faster delivery of products at lower costs •Managed vendor contracts and business relationships with third party customers, and achieved significant cost savings via contract negotiations

Paris, France, Fr

•Consultant for firm specializing in management/technology consulting for healthcare, manufacturing, logistics, financial services, energy/utilities and telecom industries•Responsible for developing business proposals, processing data, gathering business/functional requirements, and implementing continuous improvement efforts•Developed supply chain strategies, new business process flows, and re-engineering operations that accounted for savings and increased performance.•Participated in vendor negotiations to optimize contracts and service levels

Mba, International Business & Marketing

Bse, Industrial Engineering

Education record

Education record

Education record

Education record

Education record