• Managing a team of Strategic sourcers, Tactical sourcers & Operational sourcers.• Responsible for executing contracts for IT professional and Outsourcing Services.• Working in a multi-client model and currently catering to the requirements of twolarge Financial Institutions of Switzerland – Credit Suisse and UBS.• Oversee end to end Source to Contract (S2C) including Strategic Sourcing forthe IT Professional Services and Outsourcing, Spend Analytics, Vendor Management… Show more • Managing a team of Strategic sourcers, Tactical sourcers & Operational sourcers.• Responsible for executing contracts for IT professional and Outsourcing Services.• Working in a multi-client model and currently catering to the requirements of twolarge Financial Institutions of Switzerland – Credit Suisse and UBS.• Oversee end to end Source to Contract (S2C) including Strategic Sourcing forthe IT Professional Services and Outsourcing, Spend Analytics, Vendor Management &Contracts Management.• Managing over 500M CHF of spend annually for IT Professional Services andOutsourcing category.• Collaborating directly with category Global Service Lead on Client’s requirements.• Helping the team in driving RFPs and E-Auctions for new demands, preparingscorecards and finalizing the vendors.• Performed contract consolidation with big vendors to optimize the contractualprocess.• Reviewing and approving the SOWs(Managed Capacity, Managed Outcome and Managed Services) for the team.• Supported the organization in stabilizing the process from the transition phase.• Manage senior stake holder Relationship Management.• Managing the pipeline tracker for all the upcoming renewals.• Category planning to set savings target and cascading to the team.• Review and analyze daily, weekly and monthly reporting and dashboard.• Training and up-skilling the team in understanding the Scope & Requirements,negotiation, Master Agreements &Third-Party Risk Management process (TPRM)• Evaluating staff performances and coaching them to evaluate work quality andemployee motivation.• Knowledge of following Sourcing tools –Ivalua, Ariba & Coupa. Show less

• Lead and manage end-to-end Strategic Sourcing initiatives for multiple Categories such as IT Services, Consulting Services, Audit and Professional Services, Contingent and Temporary Staffing, IT Software and Hardware.• Reduce costs, enforce mandatory compliance, improve worker and supplier quality and increase project efficiencies and savings by driving/delivering cost savings methodologies through spend analysis and extensive research of Vendor Management solutions (VMS) such as SAP… Show more • Lead and manage end-to-end Strategic Sourcing initiatives for multiple Categories such as IT Services, Consulting Services, Audit and Professional Services, Contingent and Temporary Staffing, IT Software and Hardware.• Reduce costs, enforce mandatory compliance, improve worker and supplier quality and increase project efficiencies and savings by driving/delivering cost savings methodologies through spend analysis and extensive research of Vendor Management solutions (VMS) such as SAP Field Glass and Opera BIQ.• Experience in negotiating /coordinating with suppliers/stakeholders/business unitsacross US, UK and India.• Managed more than 50 vendors in Contingent Labor and Technology Labor space with the spend of more than $120 million annually.• Negotiate and finalize various types of legal Agreements such as Master Services agreement, Service and Purchase Agreement, SaaS & Non-Disclosure Agreement (NDA). Negotiating Master Agreements, Schedules and rate cards.• Developing commodity specific analytics, including volume-based pricing structures, in support of the sourcing and negotiating strategies.• Leads overall response process, including RFP/RFI analysis, bid/no-bid decision, solution creation, proposal timeline and win these strategy development.• Draft and execute commercial schedule and Statement of Work (SOW) upon negotiation of commercial terms such as Pricing, Payment Term’s, Deliverables, requirements, Service & Service Level Credit, Escalation Matrix, Rate Card, Invoicing milestones & Tier Pricing with new and existing Vendors. Identifying and realization of cost-saving and cost reduction opportunities in India projects as well as Software maintenance/Renewals.• Collaborate with multiple downstream teams such as Invoicing, Procure-to-Pay, ACMO, Vendor Risk Management (VRM), Information and Physical Security and Quality Audit Team to insure healthy project lifecycle management and 100% business & stakeholder satisfaction. Show less

• Managing end to end Sourcing projects starting from requirements gathering till SOW execution for projects with spend upto $100K.• Providing procurement support to the global buying team from remote location towards e-sourcing (RFx), and auctioning activities in order to deliver process efficiency.• Analyzing RFP/RFQ responses and recommend preferred suppliers to global buying teams.• Supporting the global buying team with contract set-up and provide guidance in using new system… Show more • Managing end to end Sourcing projects starting from requirements gathering till SOW execution for projects with spend upto $100K.• Providing procurement support to the global buying team from remote location towards e-sourcing (RFx), and auctioning activities in order to deliver process efficiency.• Analyzing RFP/RFQ responses and recommend preferred suppliers to global buying teams.• Supporting the global buying team with contract set-up and provide guidance in using new system and procedures. • Analyze Supplier Financial Health, benchmarking the prices through market research and come up with the suitable suppliers for the project/requirement.• Work closely with various internal departments like Legal team, SOW team, Security Assessment Team during the execution process.• Improve customer satisfaction by delivering faster turn around time for implementing new / additional requests Show less

Key Responsibilities: • Develop and negotiate contracts and pricing with existing/new suppliers providing Consulting and Professional services.• Prepare RFQ /RFP (through emails & Ariba) package with requirements of each function for the specific project. • Contract Analysis for different vendors (MSA, Sub-agreement – SOW, Speaker Engagement Letters, Amendments for MSA, SOW)• Identifying and developing few dedicated and alternate vendor sources for cost effective purchase of IT… Show more Key Responsibilities: • Develop and negotiate contracts and pricing with existing/new suppliers providing Consulting and Professional services.• Prepare RFQ /RFP (through emails & Ariba) package with requirements of each function for the specific project. • Contract Analysis for different vendors (MSA, Sub-agreement – SOW, Speaker Engagement Letters, Amendments for MSA, SOW)• Identifying and developing few dedicated and alternate vendor sources for cost effective purchase of IT & contingent labor services. Evaluating & negotiating with vendors for price & other critical quality measures;• Responsible for submitting the Financial Accruals each year for various spend categories;• Handling critical queries/issues pertaining to Resource Strategy (vendors – Cognizant, Infosys, TCS and Syntel) & Contingent Labor (multiple vendors);• Implemented a New process to calculate rebates to be received from different Vendors.• Designed Metrics for Resource Strategy Vendors that would give a snapshot of different activities related to volume of timecards, spend and billing analysis. Show less

Description of work:Procurement of hardware, peripheral and software using Ariba to meet business requirements of Bank of America’s employees. Engagement of Vendor to provide technological solutions to business partner Follow up with the Vendors for timely completion of the orders/tickets