Kumar Ankit Email & Phone Number

New Delhi, Delhi, India

Bengaluru, Karnataka, India

● Orchestrated end-to-end processes to address new business requirements, playing a pivotal role in reducing operational costs by 20% and enhancing overall efficiency by 15%.● Developed and put into practice standardized program management methodologies, templates, and tools, ensuring consistency across projects and expediting project completion by 15%.● Collaborated closely with Production, Inventory, and Operations managers to comprehend customer needs, leading to the creation of a systematic Service Improvement Plan aimed at enhancing overall deliverables.● Innovatively introduced the 'CHAMP' in-house tool, enabling real-time tracking of technician activities and movements, thereby improving field operation efficiency.● Worked in tandem with cross-functional teams, including suppliers, finance, and operations, to optimize procurement processes, streamline workflows, and realize substantial cost savings.● Established and nurtured robust relationships with CXOs and regional leaders, aligning key performance metrics and executing high-impact business initiatives, resulting in a 30% gain.● Provided clear and concise updates to stakeholders, ensuring transparency and enabling well-informed decision-making, leading to a 25% improvement in project alignment with stakeholder expectations.● Demonstrated strong people management skills by guiding, mentoring, and supporting team members, fostering a positive work environment, and significantly reducing employee turnover by 20%.● Pioneered process controls, quality plans, and risk mitigation programs to identify and rectify gaps, achieving a 95% customer satisfaction rating and enhancing overall client satisfaction.

Bengaluru, Karnataka, India

· Drove a 25% revenue boost in the first quarter as a category owner, ensuring sustained profitability throughout the fiscal year.· Strengthened the supplier base through cross-regional sourcing decisions, fostering connections with OEMs, and authorizing Channel Partners.· Conducted biweekly governance meetings to review performance, resolve issues, and align delivery requirements with Turnaround Time (TAT), Service Level Agreements (SLAs), and Key Performance Indicators (KPIs). · Spearheaded analytical projects to tackle critical business challenges, such as optimizing pricing strategies and enhancing customer retention, resulting in a 10% increase in customer lifetime value. · Improved Procure-to-Pay (P2P) and Source-to-Pay (S2P) cycles for multiple categories, including MRO, General Merchandise, Electricals, and Hardware, by streamlining processes, including Purchase Order processing, Fulfilment, inbound logistics, and returns.· Managed and developed Category operations, implementing supplier performance management practices and advising on retail supply chain strategies to enhance sustainability and agility.· Optimized the return process, boosting both buyer and seller satisfaction and increasing repeat orders from 79% to 84%.· Administered and negotiated agreements and Annual Rate Contracts (ARCs) by analyzing historic spend and existing contracts with suppliers and clients, achieving cost savings and waste reduction.

New Delhi Area, India

· Led and supervised a team of procurement professionals, optimizing resource allocation, scheduling, and attrition management for enhanced operational efficiency.· Oversaw the procurement function for a manufacturing company with an annual expenditure of 200 Crore INR for MRO category Product.· Developed and maintained standardized procurement process documentation to ensure alignment with company policies and industry regulations.· Achieved and upheld Service Level Agreements (SLAs), effectively managing delivery to maintain a high level of customer satisfaction.· Spearheaded the formulation and implementation of strategies for clients in the industrial and MRO (Maintenance, Repair, and Operations) categories, resulting in cost savings of approximately 8-10%.· Conducted pre-bid meetings and evaluated technical and commercial bids from vendors and conducted fact-based negotiations.· Demonstrated the ability to establish and nurture strategic partnerships with suppliers and vendors.· Managed supplier relationships, skillfully negotiated contracts, and consistently assessed vendor performance to uphold quality, reliability, and competitive pricing.· Enforced procurement policies and procedures to ensure compliance with industry regulations and best practices.· Cultivated productive relationships and successful collaborations with both internal and external stakeholders across various functions.· Conducted B2B and B2C sourcing, gathering customer requirements, and developed compelling executive pitches for MRO/MEP and administration category products.

Mumbai Area, India

· Managed procurement for power distribution and transmission projects worth 7,500 Crore INR.· Successfully understood and executed the Techno-Commercial strategy for the Business Unit (BU).· Implemented strategic initiatives specific to the BU or site, ensuring alignment with the overall plan.· Reviewed and validated Purchase Requisitions (PR) from user departments for correctness and completeness.· Demonstrated proficiency in identifying the most suitable procurement method based on material or service type, urgency, and other relevant factors.· Played a key role in selecting bidding processes, developing vendor selection approaches, and defining vendor evaluation criteria.· Prepared Request for Information (RFI) documents for vendor evaluation.· Identified potential bidders through various sources, including company databases, supply market analysis, and recommendations.· Prepared Note for Approval (NFA) for selected vendors and secured necessary approvals.· Created and maintained contract records within the ERP system, ensuring compliance with protocols and templates.· Effectively communicated contracts to vendors and all relevant stakeholders.· Collaborated with various departments to ensure seamless procurement under valid rate contracts.· Developed vendor evaluation criteria in consultation with quality, engineering, and project management teams.· Established vendor performance evaluation processes, including feedback communication and improvement planning.· Contributed to the long-term growth and value addition to the business through effective supplier relationships.· Managed vendor segmentation and performance data for analysis and decision-making.· Actively sought opportunities for process improvement and cost optimization within the procurement function.· Collaborated effectively with cross-functional teams, including quality, engineering, and project management, to achieve procurement goals.

Bachelor Of Engineering - Be, Electrical And Electronics Engineering

Activities and Societies: Cricket , Dance Group , Fest Organizer

High School Diploma, Mathematics

Activities and Societies: Volleyball ,Cricket, Theater