Rishabh Jain Email & Phone Number

Bengaluru, Ka, In

India

India

Bengaluru, Karnataka, India

Responsibilities:• Oversaw multiple categories like Professional Services, Facilities, HR Services, Financial Services, IT & Marketing• Developed category strategy and annual plan; Conducted market research and benchmarking for each category• Liaised with stakeholders and senior managers to understand business priorities, translated the same into sourcing strategies; Provided input on risk mitigation, business continuity, cost management, and operations strategy• Handled projects incl. completion of sourcing events, consumption reduction activities & supplier rationalization• Coordinated between the Business Stakeholder, Legal, and Finance team for prioritizing contract review requests• Deployed continual improvement actions to strengthen the prevailing Sourcing processes, procedures, and systems• Meticulously ensured high spend compliance through preferred suppliers• Accountable for delivering year-over-year cost reduction for specified categoriesKey Contributions:• Instrumental in implementing Contingent Workforce Program to centralize and standardize the processes to onboard and manage the contingent workforce; enabled multi-vendor sourcing strategy• Successfully transitioned one of the key categories by moving the entire procurement process from business to Corporate Sourcing team and moved all repetitive transactions to yearly rate contracts• Implemented Open PO basis ordering mechanism for repetitive purchases and reduced number of PO’s by 30%• Established cost saving methodologies, achieved significant cost savings for three consecutive years (2016-18)• Implemented process improvement ideas and reduced overall execution TAT from Purchase Requisition creation to Purchase Order processing by 20%• Led cross-functional team to improvise and streamline Employee transportation program; floated RFP and replaced incumbent vendor after a thorough evaluation with overall savings of 15%

Bengaluru Area, India

Hyderabad Area, India

Hyderabad Area, India

Responsibilities:• Spearheaded both direct and indirect sourcing for multiple categories of Corporate Office• Reviewed and analyzed sourcing requirements and determined the best strategy to meet the needs of the requirements• Negotiated terms and conditions, along with legal, as well as pricing with the selected supplier• Managed contracts & worked directly with the vendor to ensure that the contracts meet the business & legal needs• Tracked and monitored supplier performance, aligning to overall supplier management framework for the category• Maintained strategic supplier relationships that drive value for both parties resulting in lower costs with reduced risk, higher efficiency, better quality, and access to innovation• Trained the team members to achieve consistency and quality in negotiation and documentationKey Contributions:• Managed RFX and executed LTA’s for direct material categories up to 100% & indirect material up to 87%• Led healthy negotiations to attain overall cost savings of 12%, achieved firm fixed price up to 3 years & improvised on other commercial factors viz. payment terms, warranty, lead time, etc. for direct material categories• Led & individually implemented Onsite & Mobile Van calibration for all instruments, reduced the paperwork and man-hours involved in order processing by as much as 75% and vendors from 10 to 2• Developed material planning & tracking model using excel that uses current stock, open orders & forecasted demand to result in material coverage & availability; resulted in zero stock-out situation• Initiated ordering mechanism on lead time away basis with staggered deliveries; reduced number of purchase orders by 45% and average inventory by 30%• Leveraged buying power through consolidation & SKU rationalization of plants and reduced supplier base by 42%• Developed MIS template covering key metrics; analyzed data and presented the report to top management

Bengaluru Area, India

Mumbai/Bangalore Area, India

Mba, Global Logistics And Supply Chain Management, 3.56/4, Deans Honor List (Gold Medalist)

B.E., Biotechnology

Activities and Societies: Treasurer of “GENOME” - student organization of Biotechnology department of BMSCE (2006-08), Organizer.