Sahil Munjal

Experience

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  Omega Healthcare Management Services

  Jul 2016 - Sept 2017

  Procurement Assistant

  Responsibilities:-Supplier Management: Maintained relationships with key suppliers, ensuring timely delivery of medical billing software and office supplies.-Purchase Orders: Created and processed purchase orders, ensuring accuracy and compliance with company policies.-Inventory Control: Monitored inventory levels of essential supplies, coordinating with various departments to forecast needs and prevent shortages.-Data Analysis: Analyzed procurement data to identify cost-saving opportunities and improve purchasing efficiency.-Vendor Negotiations: Assisted in negotiating contracts and pricing with vendors to secure the best terms for the company.-Documentation: Managed procurement documentation, including invoices, receipts, and contracts, ensuring all records were up-to-date and easily accessible.-Compliance: Ensured all procurement activities complied with industry regulations and company standards.-Support: Provided administrative support to the procurement team, including scheduling meetings, preparing reports, and handling correspondence.Achievements:-Successfully reduced procurement costs by 15% through strategic vendor negotiations and bulk purchasing.-Implemented a new inventory management system that improved efficiency and reduced stockouts by 20%.-Recognized for exceptional organizational skills and attention to detail, contributing to the smooth operation of the procurement department. Show less

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  IBM

  Oct 2017 - Aug 2018

  Procurement Specialist

  Responsibilities:-Worked in the Procurement Department for the Software Vertical. -Managed Procurement of Software's for Internal & External clients by drafting- SOW, EULA and other supportive documentation.-Vendor Management- Vendor Risk Analysis, Negotiation and Comparative Analysis.-Compliance Management- Ensured that all the Purchasing, Payments and contracting meet the IBM defined procurement guidelines.-Implement Pilot Project with Team by the use of various Agile Tools like Slack, GitHub, Trello Etc.Initiatives:-Created Training notes for structuring and smoothing the training process in the initial days.-Created the IBM Communities Portal for the team for smooth communication- A Single portal for exchanging queries, documentation, ideas etc. Show less

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  Venus Textiles

  Jan 2019 - Jul 2022

  Procurement Analyst

  Responsibilities:-Supplier Relations: Maintained and developed relationships with fabric and material suppliers, ensuring timely delivery and quality compliance.-Purchase Orders: Created, reviewed, and processed purchase orders for raw materials, ensuring accuracy and adherence to budget constraints.-Inventory Management: Monitored and managed inventory levels of fabrics and other materials, coordinating with production teams to forecast needs and prevent shortages.-Cost Analysis: Conducted cost analysis to identify opportunities for savings and improved procurement efficiency.-Vendor Negotiations: Assisted in negotiating contracts and pricing with suppliers to secure the best terms for the company.-Compliance: Ensured all procurement activities complied with industry regulations and company standards.-Documentation: Managed procurement documentation, including invoices, receipts, and contracts, ensuring all records were up-to-date and easily accessible.-Support: Provided administrative support to the procurement team, including scheduling meetings, preparing reports, and handling correspondence.Achievements:-Successfully reduced procurement costs by 12% through strategic vendor negotiations and bulk purchasing.-Implemented a new inventory management system that improved efficiency and reduced stockouts by 18%.-Recognized for exceptional organizational skills and attention to detail, contributing to the smooth operation of the procurement department. Show less

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  Genpact

  Jul 2022 - now

  Contract Management Specialist- Procurement

  Responsibilities:-Analyzed software needs and identified potential vendors.- Worked with MSPs for managing the cloud data migration and cybersecurity needs.- Negotiated contracts for favorable terms and pricing for different types of licensing requirements.-Vendor Relationship Management and Compliance Management.- Collaborated with IT teams to align procurement strategies & Implemented cost-saving measures and leveraged market research.-Handled issues and disputes with vendors promptly & Demonstrated strong negotiation and communication skills.- Streamlined procurement processes, contributing to cost reductions and efficiency improvements.Achievements & Initiatives:-Awarded as a star employee 2 times for excellent performance.-Took initiative and became a part of the people's engagement team in which I handled event management, conducting on floor games and activities for fun at work. Show less