RAJAT KAUL
647-***-**** • ******@*****.*** • https://www.linkedin.com/in/rajat-kaul-mba/ • Brampton, Ontario Sourcing and Contract Manager
Self-driven • High level of initiative • Global Sourcing/Supply Chain Best Practices • Proactive attitude • People Management
SUMMARY OF QUALIFICATIONS:
11+ years of experience in Global Sourcing/Procurement Operations, Contract Negotiations, Supplier/Vendor management, Interactive Bidding and Stakeholder Relationship Management (Category Heads, Business Leads, Function Heads) in diverse environments
Excellent people management, interpersonal, contract negotiation and relationship building skills
Strong business knowledge in Supplier/Stakeholder Contract negotiations, Vendor relationship management, Evaluate/Create Business Proposal and Quotations (RFx/e-auctions), Spend Analysis, Market research tools and Competitive
Analysis
Strong proficiency in conducting Gap Analysis as well as SWOT Analysis (Category specific) including a wide variety of
methodologies for implementing internal and external strategies
Proficiency in working on Ariba and SAP MM module and Microsoft Office suite
PROFESSIONAL ACHIEVEMENTS - CONTRACT AND SOURCING MANAGEMENT:
Sourcing and business management – created & executed various time & material saving processes in the healthcare related projects. (MediSystem)
Contract management and sourcing - generating Savings of 2.6 million with spend throughput of 12 million; category – IT (Servers, SAAS, ASP); levers - incubation of global suppliers and coupling respective activities. (Sobeys)
Saved $800k in 8 months from contract re-negotiations for Direct and Indirect materials for a multi-billion-dollar Nordic based window manufacturing company which saved 8% on the total tail spend at service levels (Accenture)
Achieved over 95% in KPIs (Key Performance Indicators) from existing baseline of 80% for categories like CT/AMI/MRI, this remarkably increased efficiency and profitability for a US based healthcare company.
Reached a total of $3.5 million in cost avoidance over 10-month period for ASP and SAAS contracts for a US based multi- billion-dollar financial company (Metlife)
Generated 4.5 million savings from negotiation existing sole sourced contracts through introduction of e-auctions and incubation of market aggregators over the period of 11 months from mix of direct and indirect categories (Accenture)
WORK EXPERIENCE:
Manager - Strategic Sourcing and business management, MediSystem, Canada 08/2021 - Present
Managed/executed various T&M processes for the business unit.
Contract drafting, negotiation and sourcing with/from healthcare service providers.
Working day-to-day with the stakeholders/SL team on various critical business management related projects for
acquiring/on-boarding other healthcare business/clients.
Worked with Project management team for procurement of materials/goods, services and/or supplies.
Managed process to select suppliers for procurement of non-contracted materials/goods, services and/or supplies which
were considered non-leveraged, local spend (as defined by Strategic Sourcing policies) within the dollar limit.
Manager - Strategic Sourcing and Contracts, Sobeys, Canada 02/2020 – 06/2021
Contract drafting, negotiation and sourcing - Catering to a total spend of 130 million
Deliver against KPIs to measure success based on category targets
Drafted, negotiated, and closed contracts using Ariba tool
Develop Category Plans that support the applicable banner’s strategy with a focus on generating sales and improved category performance relative to the market
Communicate category plans to all applicable stakeholders including leadership, other functional areas and vendor partners
Execute category plans by successfully delivering against the category pricing, promotion, assortment, and merchandising
plans that support our strategies and financial requirements by levers like RFP’s, direct negotiations, e-auctions, etc.
Identify new opportunities from multiple sources (RFI) including field merchandising, operations, vendor partners, market
visits, etc.
Manage performance targets for categories by performing stakeholder risk & compliance analysis
Manage category plans for the following banners (as applicable): Sobeys, Foodland, Safeway, IGA (West), Sobeys Urban
Express and for select grocery categories in the IGA Extra/IGA and community banners of Quebec
Manage category performance, report maintenance and productivity tasks using MS office
Track, be knowledgeable and communicate actual category performance versus budget, target and/or forecast
Build vendor relationships to enable effective negotiations
Global Sourcing - Team Lead Operations, MetLife Insurance (Global Operations Support Center) 02/2019 – 01/2020
Worked on 2 main categories: Consulting (Professional services, IT, Human resource) and non-Consulting categories (ASP,
SAAS, ISP, etc)
Vendor management and categorization, Contract negotiation, contract drafting, stakeholder risk management, supplier
score-carding, Catalog creation & Spot buy process, Procure to Pay cycle and Order to cash cycle.
Drafted, negotiated, and closed contracts using Ariba tool, managed productivity tasks using MS office suite.
Work with the internal customers to ensure their business requirements are driven using effective sourcing strategies and
procurement policies while working with stake holders, internal departments and U.S. suppliers
Proactively utilize U.S. market analysis (analyze data) to identify industry best practices, and incorporate them into the
sourcing strategy
Implement programs to shift demand to new suppliers and/or new processes
Identify sourcing opportunities banking on the use of reporting tools and leveraging internal customer relationships
Collaboratively with internal customer, develop bidders lists for sourcing events
Coordinate vendor interface for MetLife before, during, and after competitive bidding
Maintain vendor relationships and stay abreast of market trends, including identifying opportunities, issues, market
conditions and economic indicators for assigned commodities or vendors
Plan actions to obtain cost reductions and process improvements through sourcing events and supplier management
Create opportunities, develop strategies to influence minority and women-owned business enterprises in assigned sourcing
events. Lead efforts with MetLife customers to encourage competitive bidding (e-auctions)
Sourcing Business Advisory Analyst, Accenture 02/2016 – 02/2019
Worked on end-to-end Source to Pay cycle.
Negotiated contract terms and conditions with stakeholders.
Transitioned various projects in different waves starting with Master Data management, Vendor management and
categorization, Purchase order management, RFX process, Contract management, supplier score-carding, Catalog creation &
Spot buy process, Procure to Pay cycle and Order to cash cycle.
Performed stakeholder risk & compliance analysis
Performed optimization of the local sourcing team in terms of cost and quality (suppliers portfolio optimization)
Managed and launched RFQ / RFP and RFI to achieve optimum value in the selected market (Direct-MRO, Wood, Steel and
Indirect-Stationary, IT, Professional Services, Logistics, LDS-Low Dollar Spend, Spare parts.) and develop new suppliers
Ensured all purchasing processes for both indirect and direct materials are followed per corporate guidelines
Contributed to the application of the corporate strategy by ensuring the application of the Business Allocation Letter or by
ensuring that we use corporate retained suppliers when possible and contribute to the adherence and reporting of corporate
supplier strategies
Ensured overall purchasing goals and objectives metrics for annualized savings of 800K USD and other activities as assigned
during a set reporting period
Managed a team for supplier enablement (end to end SRM and Supplier Scorecard) and took actions to research variances
with supplier contract terms and conditions (systemic quality or service problems)
Executive - Marketing, HHEC of India Limited 09/2012 – 01/2016
Provided support to S&CM team to prepare and execute RFx documentation using standard framework and/or tender
documents
Managed process to select suppliers for procurement of non-contracted materials/goods, services and/or supplies which
were considered non-leveraged, local spend (as defined by Strategic Sourcing policies) within moderate dollar limits
Gathered and performed complex analysis of internal spend data
Negotiated contract terms and conditions (systemic quality or service problems)
Documentation, report maintenance and productivity tasks using MS office
Assistant Manager Procurement, Sarvodhaya TexStyle Pvt Ltd
EDUCATION AND PROFESSIONAL QUALIFICATIONS: (WES verified)
MBA – Amity University - 2011
Bachelor’s in business administration – B.R. Ambedkar University - 2007