Shivam Verma

Experience

• 

  Orbit & Skyline

  Jan 2020 - now

  Developed and executed strategic sourcing plans to identify cost-effective suppliers, resulting in $3.5M cost savings over six months.Successfully managed relationship with key suppliers, negotiating contracts and service agreements to improve terms and conditions while ensuring quality and on-time delivery.Lead global sourcing initiatives to diversify the supply chain, reduce risks, and capitalize on cost advantages in international markets.Demonstrated strong negotiation skills to secure favorable terms, pricing, and contracts with suppliers, resulting in cost savings and improved supplier relationships.Led the process of Requests for Information (RFI), Requests for Proposal (RFP), and Requests for Quotations (RFQ), evaluating vendor responses and making informed decisions.Lead the gathering, normalization, and analysis of spent data to find possible valuable opportunities.Collaborate with category leads, category managers, and information and analytics team to prioritize an evolving portfolio of high-value strategic sourcing initiatives. Ensure proper sequencing, resourcing, and business support for value capture plans.Created forecast recommendations for maintaining the correct amount of inventory and determining when the new part will be used based on the direct and indirect demand.Inside sourcing involves switching suppliers when prices rise and validating suppliers using Problem Reports (PRs), which additionally requires negotiation skills. Show less Checked vendor-supplied quality documentation for accuracy and completeness to ensure that it compiled with quality standards. Utilized statistical analysis techniques such as Pareto analysis and root cause analysis to identify issues and recommend corrective and preventive actions.Monitoring and analyzing quality metrics to access performance and identify areas of improvement.Conducting supplier evaluations and audits to ensure the quality of incoming materials.Managing and overseeing the customer containment process, enhancing the business flow consistently, and collaborating with cross-functional teams on technical memos.Developed a logistical workflow by adhering to corporate guidelines and management procedures. By identifying variations and suggesting improvements, we were able to increase planning efficiency by 20%. Show less

  • Cost Manager

    Jul 2022 - now

  • Quality Assurance Engineer

    Jan 2020 - Jun 2022