Rakesh Reddy

Rakesh Reddy Email and Phone Number

Sr. Manager, Global Sourcing and Procurement @ Synchrony
Hyderabad, IN
Rakesh Reddy's Location
Hyderabad, Telangana, India, India
Rakesh Reddy's Contact Details
About Rakesh Reddy

A result-oriented & performance driven ‘Procurement Professional’ with 10+ years of work experience in Strategic Sourcing and Procurement functions.Industries: Financial Consumer Services, IT Telecom, Mechanical or Industrial Engineering and Railroad Services.Skills:• eAuction (Forward and Reverse) in Coupa and Oracle ERP• RFP/RFI/RFQ (Competitive Bidding) execution • ERP Tools: COUPA, Oracle e-Sourcing, GEP Smart• Project management• Category management• Contract management (Amendments, Negotiation)• Supplier Relationship Management• Supplier Risk Assessment & Mitigation• Stakeholder Management• Source to Pay and Procure to PayCategories handled:• Marketing Communication/Promotional Products• Facilities management and maintenance• Events (Corporate) management• IT Software and Computer Hardware/Peripherals• IT Telecom• Management and Consulting services• Railroad Services (Engineering and Construction, Engineering Design, Mechanical, Facilities, Environmental, Traffic Control)

Rakesh Reddy's Current Company Details
Synchrony

Synchrony

View
Sr. Manager, Global Sourcing and Procurement
Hyderabad, IN
Employees:
15388
Rakesh Reddy Work Experience Details
  • Synchrony
    Sr. Manager, Global Sourcing And Procurement
    Synchrony
    Hyderabad, In
  • Synchrony
    Bid Desk Manager
    Synchrony Dec 2022 - Present
    Hyderabad, Telangana, India
    • Awarded with 4 'Customer Champion Awards' for leading and achieving cost savings through Reverse eAuction.• Perform eAuction (Forward and Reverse) and RFx (RFI/RFQ/RFP) end to end process• Commodities handled: Promotional Products, IT Hardware, Computer Peripherals, Facilities management and maintenance, Event management, Direct Mail Campaign • Responsible for facilitating, coordinating and analyzing Competitive RFx Bid Events for multiple commodities while maintaining and… Show more • Awarded with 4 'Customer Champion Awards' for leading and achieving cost savings through Reverse eAuction.• Perform eAuction (Forward and Reverse) and RFx (RFI/RFQ/RFP) end to end process• Commodities handled: Promotional Products, IT Hardware, Computer Peripherals, Facilities management and maintenance, Event management, Direct Mail Campaign • Responsible for facilitating, coordinating and analyzing Competitive RFx Bid Events for multiple commodities while maintaining and enforcing proper controls and compliance of the organization.• Act as a SME within the team to manage process related scope of work documents, facilitate audit management of the process in collaboration with quality assurance team.• Closely work with Business Requestors, Sourcing Commodity Leaders and Supplier managers across functions to fetch and understand business requirements, build scope documents and conduct bidding process.• Working with suppliers from USA, Philippines and India as a part of RFx process, to build long term relationship to add value to business. Show less
  • Dupont
    Category Buyer - Global Procurement
    Dupont Sep 2021 - Dec 2022
    Hyderabad, Telangana, India
    • Contributed Spend savings of value $200K in 1 year duration for Marketing Communications buy space• Achieved savings of value $50K through Payment Terms negotiation.• Drafting and negotiating of contracts; driving the preparation of proposal documents, statement of works (SOWs), quotations, and competitive bids with pertinent specifications, terms, and conditions.• Working on NDAs (Non-Disclosure Agreements), Call Off agreements and contract amendments/renewals.• Building… Show more • Contributed Spend savings of value $200K in 1 year duration for Marketing Communications buy space• Achieved savings of value $50K through Payment Terms negotiation.• Drafting and negotiating of contracts; driving the preparation of proposal documents, statement of works (SOWs), quotations, and competitive bids with pertinent specifications, terms, and conditions.• Working on NDAs (Non-Disclosure Agreements), Call Off agreements and contract amendments/renewals.• Building sourcing strategies for Indirect procurement of categories - Marketing Communications, Corporate Services, Professional Services, MRO (Maintenance, Repair, and Operations). Show less
  • Pk
    Senior Procurement Analyst
    Pk Nov 2017 - Sep 2021
    Hyderabad, Telangana, India
    • Achieved annual spend savings of value $100K.• Handled entire spectrum activities of Procure to Pay (P2P) cycle such as – evaluating Purchase requisitions (PR), Stakeholder/business communications, Scope of Work preparation, executing RFP/RFQ, Bids analysis, Best fit suppliers selection and issuing Purchase Orders (PO) to suppliers.• Was a key contributor for Indirect Procurement categories such as – Engineering Equipment & Construction, Railways Engineering Signal, Environmental… Show more • Achieved annual spend savings of value $100K.• Handled entire spectrum activities of Procure to Pay (P2P) cycle such as – evaluating Purchase requisitions (PR), Stakeholder/business communications, Scope of Work preparation, executing RFP/RFQ, Bids analysis, Best fit suppliers selection and issuing Purchase Orders (PO) to suppliers.• Was a key contributor for Indirect Procurement categories such as – Engineering Equipment & Construction, Railways Engineering Signal, Environmental, Mechanical and Facilities. Show less
  • Ericsson
    Engineer
    Ericsson Sep 2011 - Aug 2016
    Bengaluru Area, India
    • Supported Procurement Operations of Ericsson network deployment services (Maintenance, Repair and Operations - MRO) and handled procure-to-pay cycle activities. Got exposure to Purchase Order/Contract processing, data analysis, and reporting, catalog management & Vendor payment processing.

Rakesh Reddy Skills

Wireless Networking Networking Supply Chain Management Integration Ericsson Oss Lte Project Management Customer Relations Logistics Management E Procurement

Rakesh Reddy Education Details

Frequently Asked Questions about Rakesh Reddy

What company does Rakesh Reddy work for?

Rakesh Reddy works for Synchrony

What is Rakesh Reddy's role at the current company?

Rakesh Reddy's current role is Sr. Manager, Global Sourcing and Procurement.

What is Rakesh Reddy's email address?

Rakesh Reddy's email address is ra****@****son.com

What schools did Rakesh Reddy attend?

Rakesh Reddy attended Visvesvaraya Technological University, Indira Gandhi National Open University, Riiit,mysuru.

What are some of Rakesh Reddy's interests?

Rakesh Reddy has interest in Social Services, Economic Empowerment, Education, Environment, Cricket, Science And Technology, Music, Strategic Planning, Tennis, Health.

What skills is Rakesh Reddy known for?

Rakesh Reddy has skills like Wireless Networking, Networking, Supply Chain Management, Integration, Ericsson Oss, Lte, Project Management, Customer Relations, Logistics Management, E Procurement.

Who are Rakesh Reddy's colleagues?

Rakesh Reddy's colleagues are Rakesh Manak, Kelly Martin, Abhishek Namthota, Angelica Moral, Sanchit Bolinjkar, Alejandra Figueroa, Brittany E..

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    1
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