Varun Reddy

Varun Reddy Email and Phone Number

Procurement Manager, ITC Infotech @ ITC Infotech
bangalore, karnataka, india
Varun Reddy's Location
Bengaluru, Karnataka, India, India
About Varun Reddy

A solutions orientated Procurement Professional who can formulate and drive a consistent approachtowards sourcing, purchasing and RFP activities, so as to ensure value for money is maximized andcost savings generated with track on Cost, Quality & Time in the order mentioned. Project Manager -Procurement with over 10 years of experience in Global Procurement, Strategic Sourcing and VendorNegotiations. Having a proven ability to ensure that a company enjoys a competitive edge whencompared to their competitors by securing the best quality, price and terms from suppliers.Delivering results against strategic objectives, whilst working within the organizations core valuesand beliefs. Looking for a new and challenging position, one that will make best use of existingabilities and Sourcing knowledge and also further career and professional development.

Varun Reddy's Current Company Details
ITC Infotech

Itc Infotech

View
Procurement Manager, ITC Infotech
bangalore, karnataka, india
Website:
itcinfotech.com
Employees:
9487
Varun Reddy Work Experience Details
  • Itc Infotech
    Procurement Manager
    Itc Infotech Apr 2024 - Present
    Bengaluru, Karnataka, India
  • Tech Mahindra
    Project Manager
    Tech Mahindra Dec 2021 - Apr 2024
    Bengaluru, Karnataka, India
    End to End Contract Management Including customer & vendor Management.Worked With Transformation teams on cost out initiatives as identified for both IT Hardwareand Software Towers.Owned vendor Relationships, (Contract & Vendor) Consolidation.Signed multi year deals as in when applicable and concluded Multiple Vendor evaluations forhigh value purchases.Savings of 15% achieved on ~$10M - ~$15MCost out targeted at least at 15% -20% year on year reduction/deflation for renewals.Contract Negotiations with Multiple OEM's for IT hardware, Maintenance.
  • Microland Limited
    Procurement Specialist
    Microland Limited Jan 2015 - Dec 2021
    Capex Savings at Average of 25% in last one one year and consistently above 20% in yesteryears.Successful RFP's & Competitive OEM/Partner Bidding for Multiple Offices based Site Set UpAcross India with Savings achievement of 20% on the overall Value as compared to Initial Bid'sand 30% cost reduction basis Architects Estimate.Major RFP Programs Maximizing Cost Savings, Software Licenses -10% -17%, End Point Devices- 28% Annual Cost Reduction, Information Security Purchases at 20% -30%, EmployeeTransportation & Travel - 15% Annual Cost Reduction.Ensured End to End TAT remained in Control at 20 days across all purchases.Managed Procurement Function Based Internal & ISO Audits With Zero NC's Being Recorded inthe last 5 Years.Multiple RFP's were also Focused on Product Enhancement for fair internal employee Usage &Establishing Corp Standard Purchases for Org Wide Usage and Acceptability.Managing team of professional buyers.Monthly Dashboards Reported to Senior Leadership indicating the Savings, Org BenefitAchieved, TAT for Quarterly Cycle.Evaluated supplier quotes based on purchasing procedures and competitiveness in quality,price and deliveryDeveloped and initiated projects, managed costs, and monitored performanceManaged projects from procurement to commissionPlanned, designed, and scheduled phases for large projectsNegotiated and managed third-party contracts related to project deliverablesMaintained open communication by presenting regular updates on project status to customersSourced, vetted and managed vendors needed to accomplish project goalsOpex Spend Savings at Average of 12% with Delta of ₹ 10L per Transaction.Set up and Negotiated contracts to obtain favorable pricing and delivery structures with about10 - 20 Rate Cards Finalized Every Year across IT, Facility Based Consumables spend, &Marketing Related rate card Spend

Varun Reddy Education Details

Frequently Asked Questions about Varun Reddy

What company does Varun Reddy work for?

Varun Reddy works for Itc Infotech

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

Varun Reddy's current role is Procurement Manager, ITC Infotech.

What schools did Varun Reddy attend?

Varun Reddy attended Bangalore University, Sri Krishnadevaraya University, Sister Stansilas English Medium School.

Who are Varun Reddy's colleagues?

Varun Reddy's colleagues are Neelratan Mourya, Giri Talapala, Lavanya Kannan, Sunil Verma, Mohammed Hasan, Samrat Dhar, Dibyakanta Deo.

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