Somasundaram T

Somasundaram T Email and Phone Number

Founder Director at Teckost IT Services Pvt Ltd specializing in IT procurement. @ Teckost IT Services Private Ltd
Somasundaram T's Location
Chennai, Tamil Nadu, India, India
About Somasundaram T

Som has over 25 years of experience, with a strong focus on IT procurement, working with leading Indian and global corporations. Before founding his own venture in 2019, he served as the Head of Global Procurement for three large global organizations, managing over a million sourcing transactions and $50 billion in spend.His company developed a procurement automation product that simplifies the entire procurement process, enhancing transparency, user-friendliness, and incorporating unique features. Som personally designed this product, leveraging his three decades of experience in SCM and IT.His company continues to manage procurement services for clients globally and provides CPO as a Service to several clients through procurement outsourcing contracts. Within just 5 years of inception, the company has handled over 100,000 global sourcing deals.Known for his expertise in IT procurement, vendor management, procurement automation, and software outsourcing, Som has consistently driven strategic value and significant cost savings for his clients and employers.With a background in SCM, Manufacturing and IT, Som brings a unique perspective to forging long-term, win-win agreements with key industry partners.Som holds an engineering degree from the University of Madras and is certified in ITIL and CIISA. He has held senior procurement leadership roles at Cyient, Sutherland Global Services, and Polaris Software

Somasundaram T's Current Company Details
Teckost IT Services Private Ltd

Teckost It Services Private Ltd

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Founder Director at Teckost IT Services Pvt Ltd specializing in IT procurement.
Somasundaram T Work Experience Details
  • Teckost It Services Private Ltd
    Founder Director
    Teckost It Services Private Ltd Jan 2019 - Present
    Chennai Area, India
    Teckost IT Services Pvt Ltd is a 5-year-old startup specializing in IT procurement outsourcing services for clients in India and overseas. We focus on the IT procurement category and have successfully managed over 50,000 global IT sourcing deals within just five years of inception. Operating in a niche market, we understand that managing IT procurement and procurement software technologies can be challenging for many companies, and we are dedicated to delivering tailored solutions that address these unique challenges. We offer a comprehensive range of GPO services designed to meet the unique needs of our members:a. Strategic Sourcing and Procurement- Supplier Negotiation: Leveraging our expertise in the IT procurement space, we negotiate with top-tier IT suppliers to provide our members with access to a vast selection of high-quality products and services at reduced prices.- Category Management: Our team of experts manages various product categories, such as hardware, software, and IT peripherals, ensuring members benefit from strategic sourcing and cost-saving opportunities.b. Cost Savings & Financial Benefits - Volume Discounts: By pooling our members' purchasing power, we secure substantial discounts & rebates from suppliers, allowing us to pass these savings directly to our members.- Price Benchmarking: We continuously monitor market prices & supplier performance to ensure our members always receive the best value for their IT expenditures.- Transparent Pricing: Our clear, transparent pricing structures enable members to easily understand & evaluate their cost savings.c. Operational Efficiency and Support - Centralized Ordering and Invoicing: Simplify your procurement processes with our centralized ordering and invoicing system, which reduces administrative burdens and streamlines operations. Spend Analytics: Gain valuable insights into purchasing trends with our detailed spend analytics and reporting tools.
  • Cyient
    V
    Cyient Aug 2011 - Jan 2019
    Chennai Area, India
    IT Spend Advisor for Polaris Software Lab Ltd
  • Shar Technologies P Ltd
    Director
    Shar Technologies P Ltd Aug 2011 - Aug 2014
    Chennai Area, India
  • Sutherland Global Services
    Associate Vice President Global It Procurement
    Sutherland Global Services Apr 2007 - Jul 2011
    Head global purchasing for Sutherland.
  • Polaris Software Lab
    Vice President - It Purchasing
    Polaris Software Lab Nov 2000 - Apr 2007
    Head of technology sourcing.Magaged technology purchase for the entire company
  • Tata Elxsi Ltd
    Manager - Networks And Commercial
    Tata Elxsi Ltd Jun 1999 - Jul 2000

Somasundaram T Skills

Leadership It Strategy Spend Management Bpo Consulting Key Account Management Sales Global Sourcing Sourcing Telecommunications Supply Chain Management Business Development Negotiation Vendor Management Team Management Erp Strategy Operations Management Enterprise Software Project Planning Procurement Intelligent Sourcing Management Outsourcing Analytics Supply Chain Pre Sales Service Delivery Strategic Sourcing Cost Reduction

Somasundaram T Education Details

Frequently Asked Questions about Somasundaram T

What company does Somasundaram T work for?

Somasundaram T works for Teckost It Services Private Ltd

What is Somasundaram T's role at the current company?

Somasundaram T's current role is Founder Director at Teckost IT Services Pvt Ltd specializing in IT procurement..

What schools did Somasundaram T attend?

Somasundaram T attended University Of Madras, University Of Madras.

What skills is Somasundaram T known for?

Somasundaram T has skills like Leadership, It Strategy, Spend Management, Bpo, Consulting, Key Account Management, Sales, Global Sourcing, Sourcing, Telecommunications, Supply Chain Management, Business Development.

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