Rashmi Parmar

Rashmi Parmar Email and Phone Number

Procurement Head @ Chain IQ Group AG
zurich, zurich, switzerland
Rashmi Parmar's Location
London, England, United Kingdom, United Kingdom
Rashmi Parmar's Contact Details

Rashmi Parmar work email

Rashmi Parmar personal email

n/a
About Rashmi Parmar

Accomplished Procurement Head for a global leader in indirect procurement with 25+ years of scaling experience driving sourcing, strategy and procurement within the financial services and aviation industries. Noted for developing and transforming procurement from non-strategic into strategic commercial functions within greenfield and brownfield sites that drive value beyond cost reduction. Has hired and developed global sourcing teams, leading in hybrid onshore/nearshore models which manage all indirect categories ranging from IT to Real Estate, Professional Services and Market Data. Confident operating at the c-suite level, assessing business challenges & needs both short and long term to create a scalable procurement strategy and function that returns business value. A practical solution owner capable of balancing client requirements, supplier capability and commercial value.

Rashmi Parmar's Current Company Details
Chain IQ Group AG

Chain Iq Group Ag

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Procurement Head
zurich, zurich, switzerland
Website:
chainiq.com
Employees:
318
Rashmi Parmar Work Experience Details
  • Chain Iq Group Ag
    Procurement Head
    Chain Iq Group Ag Jan 2021 - Present
    London, England, United Kingdom
    Chain IQ is a global leader in indirect procurement services and specialise in transforming non-strategic procurement.
  • Chain Iq Group Ag
    Procurement Head (For Mizuho Emea)
    Chain Iq Group Ag Jan 2021 - Present
    London, England, United Kingdom
    On behalf of Mizuho EMEA, a Japanese investment and corporate banking unit of Mizuho Financial Group:Headed the transition of a small Procurement function at Mizuho and TUPE of staff into the Chain IQ group.Transition included leading end-to-end planning, coordination, resource management of cross functional teams to implement a new Procurement function.Relationship building with key senior Mizuho stakeholders and department Heads to understand their business, existing processes, strategies, and priorities.Hired strategic sourcers, tactical buyers and procurement operators (PR/PO’s) to create a hybrid onshore/offshore team.After quickly understanding the business (‘knowing your client’) drove quick wins – competitive tenders and savings – winning trust & buy-in from new stakeholders. Devised and implemented a steady state plan focussing on people and skills, processes and procedures – creating category strategies from spend analysis, contract analysis, stakeholder buy-in, resulting in a pipeline of prioritised sourcing opportunities.Extended relationships by partnering with Mizuho US and Mizuho Japan to consult on joint procurement initiatives leveraging regional and global spend (key focus areas were IT and Market Data). Generated trust with the CPO, CFO and CTO which resulted in top down sponsorship.Re-drafted the Procurement Policy – mandating the involvement of the Procurement function.Creating preferred supplier lists, panels and rate cards in Professional Services.Implemented a contract management workflow and contract database system (Ivalua).Working with Legal to create new Mizuho supplier contracts – Master Frameworks, Goods and Services, SaaS.Continuous stakeholder mapping and management, relationship development (‘knowing your client’).Continuously seeking savings opportunities through direct negotiations, competitive tendering/bidding, use of e-auctions, consolidating and rationalising tail spend.Exceeded cost savings target in Y1 and Y2
  • Chain Iq Group Ag
    Procurement Lead (For Jefferies International)
    Chain Iq Group Ag Jan 2018 - Jul 2022
    London, England, United Kingdom
    On behalf of Jefferies International, an American multinational investment bank and financial services company:Implemented best practice procurement to an immature procurement function, working with key stakeholders to establish relationships and sell ‘procurement’ as a commercial partner.Implant within the Real Estate team following the successful delivery of a Global FM category analysis that generated a new international spend dashboard, situation analysis and category maturity assessment used to prioritise change. Generated a suite of transformational projects that resulted in FM procurement cost savings. Executed a mission-critical project – relocating Jefferies from an existing site to 100 Bishopsgate, London - a newly constructed office space; used the opportuntity to source an IFM supplier, consolidating suppliers across 16 EMEA and APAC locations; sourcing project delivered 16% in cost reduction savings. Project managed the procurement of furniture requirements for the relocation.
  • Chain Iq Group Ag
    Sourcing Team Lead (For Ubs Ag)
    Chain Iq Group Ag May 2014 - Jan 2020
    London, England, United Kingdom
    On behalf of UBS AG, a multinational Swiss investment bank and financial services company:Served as the Sourcing Team Lead for all real estate, FM, marketing, travel, professional services (Legal & Management Consultancy) categories across EMEA region.Advised and coached direct reports on a complex European wide IFM tender, comprising 19 locationsCreated a Construction panel for 5 sub-categories with Framework agreements and rate cards.Spearheaded a complex Catering & Front of House RFP for staff catering, vending, client fine dining and retail outlets.Led the delivery of Procurement services to new office locations in Luxemburg, Spain, and Poland. Act as the ‘Trusted Advisor’ for categories under remit for stakeholders at a regional and global level.
  • Ubs
    Sourcing Specialist & Category Lead For Real Estate And Facilities Management
    Ubs Jan 2007 - May 2014
    London, United Kingdom
    Owned the sourcing strategy for Facilities Management (FM) services including procurement of building maintenance, catering, client and staff services, document services, security, soft services, and real estate contracts.Led the end-to-end procurement and sourcing lifecycle from market and commercial analysis to managing tenders, negotiations, contract award and supplier implementation. Entrusted to recommend change at the Managing Director level presenting business cases based on data/insight and analysis of existing contracted solutions.Managed strategic vendor relationship management, supplier performance and negotiations at vendor senior executive level.
  • Lloyds Banking Group
    Senior Bid Manager E-Procurement
    Lloyds Banking Group Jan 2005 - Dec 2006
    London, United Kingdom
    Responsible for leading, managing & delivering commercial bid production process for e-Procurement solutions (e-Auctions and e-Invoicing).
  • Lloyds Banking Group
    Senior Manager Procurement – Strategic Ventures
    Lloyds Banking Group Aug 2003 - Dec 2004
    London, United Kingdom
    Pivotal role in building a brand new start-up Venture offering Business and Corporate Banking customers value added services (e.g. telephony and utilities).Managed & implemented the entire supplier sourcing strategy for revenue share agreements.
  • Lloyds Banking Group
    Outsourcing Manager
    Lloyds Banking Group Apr 2002 - Aug 2003
    London, United Kingdom
    Internal consultant on Business Process Outsourcing projects.Led, supported & advised on outsourcing projects, including commercial and contractual negotiations. Undertook commercial due diligence for projects to determine strategic outsourcing feasibility.
  • British Airways
    It Procurement Executive
    British Airways Sep 2000 - Apr 2002
    London, United Kingdom
    Responsible for Application Software procurement (£1m+ contracts) for BA World Cargo and BA Engineering.
  • British Airways
    Aircraft Interiors Procurement Executive
    British Airways Mar 1998 - Sep 2000
    London, United Kingdom
    Successfully led & managed entire procurement sourcing strategy for aircraft passenger telephony.Global vendor base – negotiating & building long term relationships predominantly in USA & Europe & some in Asia.
  • Post Office
    Senior Buyer
    Post Office Mar 1996 - Mar 1998
    London, United Kingdom
  • Middlesex University
    Purchasing Officer
    Middlesex University Jan 1995 - Mar 1996
    London, United Kingdom
  • Uk Government
    Contracts Officer
    Uk Government Feb 1993 - Dec 1994
    Leeds, United Kingdom

Rashmi Parmar Skills

Outsourcing Procurement Vendor Management Contract Negotiation Strategic Sourcing Sourcing Supply Management Management Strategy Negotiation Contract Management Change Management Stakeholder Management E Procurement Global Sourcing Bpo Business Process Improvement Spend Analysis Purchasing Business Transformation Operations Management Business Development Risk Management Facilities Management Cross Functional Team Leadership Financial Services Supplier Negotiation Supply Chain Management Offshoring Supplier Development Process Improvement Sdlc Due Diligence Six Sigma Supply Chain

Rashmi Parmar Education Details

Frequently Asked Questions about Rashmi Parmar

What company does Rashmi Parmar work for?

Rashmi Parmar works for Chain Iq Group Ag

What is Rashmi Parmar's role at the current company?

Rashmi Parmar's current role is Procurement Head.

What is Rashmi Parmar's email address?

Rashmi Parmar's email address is ra****@****niq.com

What schools did Rashmi Parmar attend?

Rashmi Parmar attended University Of North London.

What are some of Rashmi Parmar's interests?

Rashmi Parmar has interest in Children, Education, Health.

What skills is Rashmi Parmar known for?

Rashmi Parmar has skills like Outsourcing, Procurement, Vendor Management, Contract Negotiation, Strategic Sourcing, Sourcing, Supply Management, Management, Strategy, Negotiation, Contract Management, Change Management.

Who are Rashmi Parmar's colleagues?

Rashmi Parmar's colleagues are Rab Singh, Luca Halcescu, Ionescu Vladut, Alexandra Corina Roman, Michał Nowicki, Sean O., Mateica Claudiu Irinel, Mba.

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