Nitin Panwar

Nitin Panwar Email and Phone Number

Walmart | Maruti| IIM Lucknow | Global Procurement @ Walmart
bentonville, arkansas, united states
Nitin Panwar's Location
Gurgaon, Haryana, India, India
Nitin Panwar's Contact Details

Nitin Panwar personal email

About Nitin Panwar

Seasoned Procurement Professional with 18+years of experience in the field of Global IT Procurement, Vendor Management. Supply Chain & Operations across Retail & Automotive sector.Leading high dollar value projects to derive significant cost savings, cost optimization and risk management initiatives through adept negotiations with the suppliers.Proven ability to think outside the box deriving innovative solutions by developing new ideas & process improvements that create customer value. Highly effective at incorporating creative Team Management skills to achieve business objectives while meeting tight deadlines

Nitin Panwar's Current Company Details
Walmart

Walmart

View
Walmart | Maruti| IIM Lucknow | Global Procurement
bentonville, arkansas, united states
Website:
walmart.com
Employees:
511875
Nitin Panwar Work Experience Details
  • Walmart
    Senior Manager
    Walmart Apr 2023 - Present
    Gurugram, Haryana, India
    Managing annual spend of $700M+ in IT Procurement.Managing large and complex vendor negotiations and deriving savings of 14% of the managed spend.Developing category sourcing strategy through deep data analysis.Managing end to end procurement process understanding internal stakeholders requirement, supplier selection, negotiation and contract management.Driving the execution of multiple business plans and projects.Creating supplier segmentation strategy.Managing… Show more Managing annual spend of $700M+ in IT Procurement.Managing large and complex vendor negotiations and deriving savings of 14% of the managed spend.Developing category sourcing strategy through deep data analysis.Managing end to end procurement process understanding internal stakeholders requirement, supplier selection, negotiation and contract management.Driving the execution of multiple business plans and projects.Creating supplier segmentation strategy.Managing supplier contracts and ensuring compliance as per WM standards.Conducting RFx for various projects in IT category to service best value for the organisation and right vendor selection.Working closely with internal stakeholders in the company i.e. Technology business users, legal,finance and Operations procurement team.Leveraging various e-procurement tools for managing end to end procurement cycle.Benchmarking supplier pricing with the industry benchmark and developing negotiation strategy to take best informed decision to arrive at the right pricing and deriving cost savings.Closely tracking and manging the payment terms of all the supplier in the category and work towards increasing then to NET90 days term creating cost saving opportunities for the company.Managing relationship with the strategic supplier's , conducting QBR's and mitigating the potential risks in the best intrest of the company.Leading and mentoring the team of novice & seasoned Procurement Professionals. Show less
  • Walmart
    Manager/ Manager Ii
    Walmart Jul 2017 - Apr 2023
    Gurgaon, Haryana, India
  • Maruti Suzuki India Limited
    Manager
    Maruti Suzuki India Limited Apr 2012 - Mar 2016
    Gurgaon, India
    Lead new product development for 35+ major & minor car models.Developed and managed the strategic procurement team by setting smart objectives and managing performance to meet the corporate strategy objectives.Developed strategies for risk mitigation, business continuity, cost management and operations improvement. Lead supplier selection, negotiation, contracting activities to drive supply base optimization.Managed Tendering & RFQ process to drive localization strategy &… Show more Lead new product development for 35+ major & minor car models.Developed and managed the strategic procurement team by setting smart objectives and managing performance to meet the corporate strategy objectives.Developed strategies for risk mitigation, business continuity, cost management and operations improvement. Lead supplier selection, negotiation, contracting activities to drive supply base optimization.Managed Tendering & RFQ process to drive localization strategy & develop local suppliers.Managed planning of resources, rendered technical support, and ensured the execution of projects with time, quality, cost & budgetary parameters.Vendor Management for critical design & Quality issues ensuring zero defects at SOP.Optimized Product Development of Top20 Warranty issues (Cost-wise~80%) by taking early feedback from Warranty team, in upcoming New Models.Implementation of various VA-VE proposals in production models.Project management involving Concept preparation, Target setting, schedule preparation, and conduct stage reviews to ensure smooth execution of project.Collaborated with key stakeholders to plan & resolve problems faced during New Model Development (Concept to production stage).Regular vendor audits to reduce the manufacturing defects & improve productivity.Market Research to stay current with latest industry trends.Talent management, Recruit and Manage team of novice and seasoned professionals. Show less
  • Maruti Suzuki India Limited
    Deputy Manager
    Maruti Suzuki India Limited Apr 2009 - Mar 2012
    Gurgaon, Haryana, India
  • Maruti Suzuki India Limited
    Assistant Manager
    Maruti Suzuki India Limited Sep 2007 - Mar 2009
    Gurgaon, Haryana, India
  • Tata Motors
    Assistant Manager
    Tata Motors Sep 2006 - Sep 2007
    Pantnagar
    Managing all the supplier's of Assembly line and ensuring smooth Procurement of all the parts of Assembly line.Worked on development & Strategic sourcing of vendor components for Tata ACE & Magic.Consulted Vendors for Process optimization & 300+ improvements for Greenfield project.Market Research conducted in 5 Indian cities to finalize the spec. of upcoming new model.Grading suppliers on parameters such as technical expertise, production capability & capacity and… Show more Managing all the supplier's of Assembly line and ensuring smooth Procurement of all the parts of Assembly line.Worked on development & Strategic sourcing of vendor components for Tata ACE & Magic.Consulted Vendors for Process optimization & 300+ improvements for Greenfield project.Market Research conducted in 5 Indian cities to finalize the spec. of upcoming new model.Grading suppliers on parameters such as technical expertise, production capability & capacity and Quality.Regular monitoring of parts for various parameters, line problem analysis, line rejection control.Established vendors in new vendor park within vicinity of company premises. Show less
  • Honda Motorcycle & Scooter India Pvt. Ltd.
    Engineer
    Honda Motorcycle & Scooter India Pvt. Ltd. Aug 2004 - Sep 2006
    Gurgaon, India
    Vendor Process optimization & proposed Engineering design changes to cut supply rejection rates by ~20% & improve productivity levels by 15%, achieved the target successfully.Worked on development of various components for Honda Activa, Eterno & Dio.Strategic Sourcing initiated through 25 new Vendors & 200+ audits done to streamline sourcing from vendors.Audit at Vendor’s end (QAV1) for onboarding new vendors based on Capacity, Quality, Cost & Delivery.

Nitin Panwar Skills

Team Management Automotive Manufacturing Fmea Project Planning Product Development Business Strategy Project Management Engineering Strategic Planning Facility Development Quality Assurance Supply Chain Management Cross Functional Team Building Sourcing Lean Manufacturing Six Sigma Ppap Vehicles Management Vendor Management Business Analysis Requirements Analysis Leadership Business Development Kaizen Operations Management

Nitin Panwar Education Details

Frequently Asked Questions about Nitin Panwar

What company does Nitin Panwar work for?

Nitin Panwar works for Walmart

What is Nitin Panwar's role at the current company?

Nitin Panwar's current role is Walmart | Maruti| IIM Lucknow | Global Procurement.

What is Nitin Panwar's email address?

Nitin Panwar's email address is ni****@****ail.com

What schools did Nitin Panwar attend?

Nitin Panwar attended Indian Institute Of Management, Lucknow, Escp Europe, Dr. A.p.j. Abdul Kalam Technical University.

What skills is Nitin Panwar known for?

Nitin Panwar has skills like Team Management, Automotive, Manufacturing, Fmea, Project Planning, Product Development, Business Strategy, Project Management, Engineering, Strategic Planning, Facility Development, Quality Assurance.

Who are Nitin Panwar's colleagues?

Nitin Panwar's colleagues are Xavi Orozco, Susana Quintana, Brian Florkowski, Tiffany Key, Amber Gooch, Isaac Hinds, Brahim Youcef.

Not the Nitin Panwar you were looking for?

Free Chrome Extension

Find emails, phones & company data instantly

Find verified emails from LinkedIn profiles
Get direct phone numbers & mobile contacts
Access company data & employee information
Works directly on LinkedIn - no copy/paste needed
Get Chrome Extension - Free

Aero Online

Your AI prospecting assistant

Download 750 million emails and 100 million phone numbers

Access emails and phone numbers of over 750 million business users. Instantly download verified profiles using 20+ filters, including location, job title, company, function, and industry.