Raj Ratnam 🇮🇳

Experience

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  DRDO, Centre for Airborne Systems

  May 2009 - Aug 2009

  Intern

  - Worked & successfully completed project work for Unmanned Ariel Vehicle titled “Turbocharging of 4 Stroke S.I. Engine” at Vehicle Research & Development Establishment, Ahmednagar, Maharashtra.

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  Sleepwell

  Dec 2010 - Sept 2013

  Executive@ Sheela foam Ltd

  - Identified high impact cost reduction opportunities; Understand and track performance of the organizations spend, supply market, costs, and tiers of suppliers; Leverage the organization’s buying power to optimize costs, access new suppliers, reduce lead times, and guarantee supply; Contribute to the development of improved strategic sourcing strategies.

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  GE India- Corporate Division

  Oct 2013 - Aug 2014

  Sourcing Analyst

  - Identified high impact cost reduction opportunities; Understand and track performance of the organizations spend, supply market, costs, and tiers of suppliers; Leverage the organization’s buying power to optimize costs, access new suppliers, reduce lead times, and guarantee supply; Contribute to the development of improved strategic sourcing strategies.

• 

  GE Oil & Gas

  Aug 2014 - Dec 2022

  - Managing >400M$ of OTR in ITO spend for Electric Rotating Machine commodity - Responsible for tender procurement of MV motor for compressors and Gas Turbine driven Generators in direct coordination with sales and customers. - Responsible for supplier management contracts and strategic sourcing for new product development for MV motors and generators in international setting. - Negotiated and managed contracts for 4 key suppliers including sole source suppliers (10% saving), which includes rebate agreements. - Responsible for renewal for key manufacturing supply and confidential disclosure agreements. - Leading and implementing sourcing strategy, negotiations, and support technical alignment. - Support Sales and Commercial team in winning multiple deals (3 deals in 2020-2021) by discussions directly with customers for negotiation over supplier base and restrictions. - Provided market intelligence to sales and commercial team for better visibility of competition. Show less - Managed >$6 Million buying & fulfillment of services items. - Developing low cost sourcing strategies and contract negotiations. - Managing/maintaining a qualified supplier base. Setting up new parts and suppliers, processing low stock notices and purchase requisitions, request cycle counts, confirm purchase orders, maintain the hotlist and handle parts returns - Directly responsible for over $300,000 in savings in 2017 through re-cost negotiations. - Anticipated $3M of savings through identification of strategic sourcing opportunities with low cost country vendors. Show less

  • Global Commodity Lead- Electric Rotating Machine

    Aug 2020 - Dec 2022

  • ITO Sourcing Deal Leader- Asia Pacific & Australia

    Jul 2019 - Aug 2020

  • Supplier Fulfilment Manager

    Jul 2018 - Jul 2019

  • Sourcing Specialist - North America

    Aug 2014 - Jul 2018
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  GE Transportation, a Wabtec company

  Feb 2023 - Apr 2024

  Sourcing Leader- Freight Services

  - Leading Indirect Sourcing Organization for GE/Wabtec-Indian Railways Diesel Locomotive Joint Venture.- Responsible for handling complete gamut of indirect sourcing for Diesel Loco shed located in Roza, UP (North Zone); Gandhidham, Gujrat (West Zone); Gooty, Andhra Pradesh (South Zone) and Gurugram (Corporate office)- Partnering with Functional groups (Executive office, Finance, HR, Legal, Marketing, Facilities and Real Estate teams) in discovery, contract negotiation, optimizing economic value, on-time delivery of product & services, cost management & reduction, supplier & partner risk mitigation, and scope of work development. - Identifying and preparing indirect spend projects for competitive bidding. - Measuring and holding indirect suppliers to defined SLAs (contractual), ensuring proper remuneration is received for lack of performance. - Cooperatively develops specifications and processes to service multiple operations sites. - Managing performance against contract terms and recommend courses of action to rectify discrepancies. - Ensuring that vendors are compliant with internal rules and regulatory obligations. - Ensuring that requirements are well-communicated and well-understood and expectations from the business are clearly defined. - Acting as the point of accountability for escalation and arbitration for relationship issues and, if all other avenues of vendor management fail, operational problems - Ensuring that vendors are compliant with internal rules and regulatory obligations. Show less

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  Dassault Aircraft Services India Private Ltd

  Apr 2024 - now

  Supplier Program Manager