Praveen Sharma

Experience

• 

  Vardhman Textiles

  Jun 2012 - Feb 2015

  Commercial Executive

  Raw Material Import Involved in offers assessment from suppliers Negotiate contracts, alone or in collaboration with top management and legal dept Raising purchase order and issuance of Letter of Credit, PDC, RTGS etc. Coverage of Forex exposure, inventory MIS etc. Simultaneous coordination with supplier and plant for despatch and delivery Involved in new vendor development and managing relationship with existing Assessment of Demurrage of the vessels and creating provision in books of accounts Miscellaneous – Involved in board meeting and management committee meeting presentations Purchase of capital goods like high pressure boiler Prepare end-to-end industry reports for upstream & downstream mkt. Determination of the economic behavior, pricing models, cost structure etc of the commodity Report writing, presentations of petrochemicals from sources like PLATTS, CCFEI, ICIS etc. Frequent telephonic discussions with mkt. connoisseur from Argus Dewitt, CCFEI, Platts, Odjfell etc. Use of various strategic frameworks to determine competitive positioning overall holistic procurement trend Providing inputs towards price forecasts – (quantitative information/factors to support the price forecast of the commodity) Strategic analysis of Acrylic Fiber mkt. in India vis-à-vis imports & competitors remarks Design and execute commercial analysis e.g. market sizing, market driver analysis, business model analysis, competitive benchmarking Show less

• 

  Ameriprise Financial Services, LLC

  Mar 2015 - Jun 2016

  Sr. Associate - Strategic Sourcing

  1. Develop & manage individual or multiple category sourcing plans for real estate related commodities2.Implement sourcing strategies for spot buying & long term contract buying3. Negotiate contracts, alone or in collaboration with top management and/ or legal department for commercial considerations4. Set up new contracts with existing vendors and new vendors, execute amendment to agreements5. Involved in negotiation of commercial terms in various contracts viz. Master Service Agreements to Standalone Agreements and SOWs/ schedules6. Gather business requirements for various business units and analyze save opportunities after doing study on spend data7. Understand supplier market and interpret supplier market economics/ Develop pricing benchmarks.8. Approving real estate requisition through Ariba9 Interact daily with VPs and Directors based in US and also with global suppliers.10. Construct and manage RFPs/RFQs; to drive supplier selection processes.11. Handle multiple sourcing projects at the same time and close projects on time with supervision.12. Apply influencing, persuasion and presentation skills. Manage conflict resolution Show less

• 

  AXA XL

  Jul 2016 - Aug 2022

  • Excellent professional services category knowledge with experience of Professional Services, Facilities/ Workplace, Real Estate, Finance, Legal and Facilities spend being beneficial.• Comprehensive and thorough knowledge of contract drafting and of working with and influencing Stakeholders in their preparation, negotiation, execution and ongoing monitoring.• Lead and champion best practice in contract development and management keeping abreast of changes in company policies and requirements and ensure that these extend to and are kept current with XL Catlin vendors. • Review contracts for adherence to XL Catlin’s standard contract templates and terms and conditions and work with Stakeholders to rectify gaps and deficiencies. • Articulate and disseminate agreed terms and key operational aspects of contracts to ensure all parties are clear on roles, responsibilities and inputs / outputs post contract execution.• Capabilities and awareness of sourcing best practice within stakeholder business areas. • Organize and work with stakeholders to gather requirements, develop sourcing strategies and drive the contractual mechanism to ensure that cost, risk and service requirements are met.• Proven ability to lead negotiations on complex high value procurement contracts• Confident working alone within a globally located team driving the strategy and getting involved with stakeholder' projects.• Selectively pursue opportunities to expand the breadth of procurement responsibility with an emphasis on global purchasing synergism.• Lead and manage end to end sourcing strategies including RFI and RFPs and manage the successful completion of sourcing projects working with internal SMEs including Legal, Security and Audit.• Develop and manage a pipeline of sourcing activities in line with contract expiry dates, potential cost saving opportunities Show less

  • Global Category Manager

    Apr 2021 - Aug 2022

  • Deputy Manager (Category Manager)

    Dec 2018 - Mar 2021

  • Assistant Manager Global Sourcing and Procurement (Strategic Sourcing)

    Jul 2016 - Dec 2018
• 

  Reckitt

  Aug 2022 - now

  Vendor Manager (Category Management & Partner Governance)

  Handling source to contract cyle of multiple categories (IT, Non IT) across the globeSetting up governance and managing partner performance for multiple categories like Payroll, Software, IT Infrastructure, Facility Management etc.