Mohit Sharma
**** **** ***** #***, ****, PA ***09 203-***-****
*****.***********@*****.***
PROFESSIONAL QUALIFICATIONS
Strategic Sourcing Supplier Negotiations Operations Management
Project Management Process Re-engineering Strategic Planning
Customer Relationship Conflict Resolution Financial Analysis
Management
Education
Master of Business Administration, Supply Chain Management
May 2006
W. P. Carey School of Business at Arizona State University, Tempe, Arizona
Master of Communications, Indian Institute of Mass Communication
April 2000
Bachelor of Business Economics, Delhi University
April 1999
Professional Experience
Commodity Manager GE -Transportation
January 2008 (Current job)
Raw Material Commodity (since January 2010)
Key Projects / Initiatives
Currently managing $45 MM Raw material commodity spend.
Conducted 9-step Strategic Sourcing initiative for $17MM Copper spend. Resulted
in $300,000 annualized savings
Created a should-cost model for complex Bar and Rod commodity to understand the
key cost drivers and to establish a repeatable pricing process that can act as
benchmark for all future negotiations. Resulted in ~150,000 annual savings.
Currently reviewing pipe and tube spend for applying strategic sourcing levers.
Estimated savings @ $500,000.
Project Lead for company wide "Material Aggregation" initiative. The projects
spans across four different commodities and aims at aggregating material spend
at Tier 1 suppliers to deliver savings by leveraging GE buying power through GE
negotiated price. Estimated Project savings = $1.5MM Annualized.
Created a material price-tracking tool, "Global Metal Market index" that
analyzes the material prices in different parts of the world, looks at the key
price drivers and predicts global trends. The tool will help commodity
managers at GE to be better prepared for negotiations and take informed
decisions.
Machined Parts Commodity (January 2008 - December 2009)
Key Projects / Initiatives
Managed $40 MM spend for the category.
Created and Implement Strategic Sourcing Strategy - Created category
segmentation, market analysis, part family analysis.
Managed sourcing of process critical Traction motor components. Negotiated
supply agreements to assure supply and negotiated ~ $1.2MM in deflation
(Savings).
Implemented hedging strategies for Cu and foreign exchange (Euro) to mitigate
risk and deliver $500,000 in savings
Managed LCC sourcing initiatives to meet LCC goals for the commodity and held
local teams accountable for managing suppliers.
Led SAP (Supplier Accountability Process) negotiations with key suppliers to
recover $150,000 in cost of poor quality by holding suppliers' accountable.
Project lead for category wide strategic sourcing initiative conducted with an
outside consulting group. The initiative aimed at identifying suppliers and
regions of competitive advantage for Machined components at a global level.
Procurement Manager - corrugated Diageo North America June
packaging 2006-November 2007
Decision Making
Managed price, supplier selection and spend allocation decisions for the
packaging commodity
Responsible for forecasting commodity performance and cost standards for the
category during the annual budget process.
Financial Responsibility
Created a commodity strategy for 24 MM $ packaging spend for the category and
presented recommendations to the leadership.
Delivered over 1 MM favorability in cost savings projects
Managed several sourcing initiatives using strategic sourcing and e-procurement
tools (eRFX, e-auctions etc).
Management Responsibility
Responsible for leading multi-functional teams to manage cost savings, supplier
projects.
Responsible for short term and long term vision for the category - assessing
business needs, creating commodity segmentation, and creating a strategic
sourcing plan for each commodity segment.
Managed key stakeholder expectations to ensure that supply base meets overall
business needs.
Key Projects/ initiatives
Conducted supplier consolidation via RFP for $3MM spend in Canada. Rationalized
the supply base and generated cost savings of 5% ($150,000).
Conducted supplier consolidation via e-auction on $5MM category spend for
Diageo Menlo Park facility on the west coast. Generated 7% cost savings
($350,000) and created a dual source.
Developed a category segmentation model / decision-making tool - to help key
stakeholders in understanding the cost drivers for the commodity and facilitate
faster decision making in new product design.
MBA Sourcing Intern Sprint Corporation, Kansas City
Summer 2005
Audited the sourcing and negotiation processes of IT Labor and Management
Consulting spend of $50 million annually. Identified points of non-compliance
and potential cost savings of $3-$4 million a year. Clarified and asserted
policy with the negotiators to create savings opportunities.
Created a process and automated tool that standardized monthly reports about
financials, commodity transactions, cycle time, and project status by strategic
sourcing, consulting and IT personnel.
Conducted RFP to source new compensation system for the local telecom division.
Collaborated with Financial Information System stakeholders to identify over
$260,000 annual cost savings.
Analyzed 83 RFP responses from consulting services suppliers and presented
recommendations to management. Recommendations include critical analysis for
the Nextel merger.
Manager Operations Silk Creations Textiles, India
2002-2004
Analyzed and re-engineered processes for production, quality control and
organizational management. Implemented procedures that increased the data flow
and productivity by over 15%.
Led key supplier and material sourcing decisions for procurement of printing
colors, dyes, chemicals and machinery. Monitored key markets and suppliers
(national and international) to identify latest textile colors/ printing
technology as a source of competitive advantage for Silk Creations.
Originated and led cross-functional management teams resulting in earlier
identification of production bottlenecks. Realized over $10,000 annual cost
savings.
Identified Managed logistics of organizing trade fairs and trade shows for
retailers and end consumers. Increased the revenues by 15% within six months.
Managed change by instituting employee incentive programs that increased weekly
production by 8% while decreasing waste by 5%.
Sr. Account Executive Twenty First Century Media, New Delhi, India
2000-2002
Managed key accounts representing 40% of revenue including Pepsi,
Electrolux-Kelvinator and Reebok.
Led a team of eight to conceptualize new marketing events. Increased annual
revenue by 10%.
Managed $150,000 annual advertising budget.
Identified 15% cost savings by outsourcing in-stadia advertising contracts to
regional fabrication suppliers.
Managed more than 20 on-site project operations for international events.
PROFESSIONAL DEVEL0PMENT
Currently working on CPSM from ISM - Passed first two exams, working on the
last exam.
Six-Sigma Green Belt training & certification from GE -2008.
KARRAS effective negotiating workshop - 2008.
Advanced Sourcing skill work shop - by GE & ADR International - 2008.
Member Institute for Supply Management, 2004-2007.
Member Council of Supply Chain Management Professionals, 2004-2006.
Leadership role in Katyayni, National NGO that promotes women's rights and
health issues, 1998 - 2006.