Vaneet Goel
Procurement Strategy, Transformation & Excellence
SUMMARY
AREAS OF EXPERTISE
CORE COMPETENCIES
ACADEMIC SNAPSHOT
MBA (IPMX – One Year Full Time Executive PGDM) IIM Lucknow (Noida Campus) 2016 - 2017 3.26 / 4 B. Tech. (Mechanical Engineering)
Giani Zail Singh College of Engg.
& Tech. (Bathinda - Punjab) 1999 - 2003 68 %
PROFESSIONAL EXPERIENCE
AGM - Merino India Group Oct’18 – Till date
Procurement Strategy, Transformation & Excellence
Role & Responsibilities
Develop strong collaborative relationships with key stakeholders across the company to strategically manage spend and the supply base for assigned categories
Understand the strategic business objectives and procurement requirements and develop sourcing strategies and category roadmaps to support the business objectives
Source, negotiate, contract and manage spend categories such as RM, Opex, IT Procurement, Indirect Spend
Manage complex sourcing projects and lead contract negotiations that optimize value to the company
Identify and report key performance metrics to measure success and drive continuous improvement
Act as sourcing & procurement subject matter expert in consulting with the business on procurement strategies, process, policies, and best practices
Prepare sourcing RFx, contracts, statements of work and related procurement documents
Provide regular communication and training on processes and systems
Perform the supplier management function in collaboration with the business
Develop strong partnerships with procurement operations, Accounts Payable, Contract Management and Legal teams
Manage, coordinate, and support special projects as needed; hands on behavior for operational tasks as needed Achievements
o Executed 7 step strategic sourcing processes to maximize effectiveness and deliver optimum results Summary Areas of Expertise Core Competencies Academic Snapshot Professional Experience New Delhi
admft3@r.postjobfree.com
B. Tech + MBA with 15 years of experience in Procurement Strategy, Transformation & Excellence serving the Global giants across Industries working in multi-functional teams spread across geographies
MBA from IIM Lucknow (Full time - On Campus - Executive Program) with focus on subjects in Supply Chain management, Operations management & Strategy
Currently working with Merino India (Delhi) and reporting to Group Head (VP- Procurement), taking care of Strategic Sourcing, Transformation Projects, Procurement Excellence & New Projects
P2P Procurement Operations
Material Requirement Planning
Planning viz-a-viz Adv. Licences
Procurement Budgeting
Spend & Data Analytics
Function KPIs Setting
Dashboarding & MIS Reporting
Automation & E-enablement
Problem Solving & Decision making
Team building & Leading
Conflict Management
Customer Focus (Int. & Ext.)
o Source-to-Pay (S2P) E2E Procurement Process
o Strategic Sourcing & Supplier Relationship
o Project Planning & Management
o Contract negotiation, management & Governance
o Procurement Planning, Processes & Practices
o Spend Analytics, Automation & Dashboarding
o Cost Efficiency Strategies
o Vendor Rating & Management
o Risk Management Strategies and Tactics
o Cross-Functional team projects and coordination
Global Exposure
o Driving cost efficiency initiatives to the tunes of $ 3 M savings on annualized basis o Managed and negotiated annual and multi-year contracts primarily for raw material o Improving the profitability & productivity by bringing 3PL service providers for outbound logistics o Bringing the overall efficiency in daily purchases by outsourcing MRO/Consumables to bulk aggregators Manager - Maruti Suzuki India Limited Nov’07 – Mar’16 Project Management, Sourcing strategy, Cost Reduction (VA/VE/Localization/Benchmarking) Role & Responsibilities
Responsible for Sourcing & Project Management for Interior Assemblies, Sub-assemblies & Components
Cost reduction via Value Analysis & Value Addition of Interior Assemblies & Safety items Internal Parts
Managing Supplier performance and product quality for Interior Assemblies & Safety Internal Parts Achievements
o Developed & executed sourcing strategy for projects - Swift Dzire, A-Star, Wagon-R, Ritz, Baleno, Suzuki Carry o Introduced alternate sources for high volume models such as WagonR as a part of risk mitigation strategy o Contributed USD $5 M to the bottom line of the company via value analysis and Localization projects o Groomed and mentored fresh and experienced team members for Maruti Suzuki’s 2020 Vision o Worked at Suzuki Motor Corporation, Japan on Sourcing & Development strategy of 3rd Generation WagonR o Worked with world class suppliers in Japan – NHK, Shiroki & Implemented best practices at Maruti Suppliers Senior Engineer - Spyker Cars N.V. Aug’06 – Oct’07 Sourcing, Development & Project Management
Study the feasibility of localizing the machined parts in India for introducing C8 Laviolette Luxury car in India
Frequent engagements with Netherlands based Project managers for work orders, finalization of deliverables and Project delivery in line with agreed deliverables
ONSITE GLOBAL EXPOSURE
Professional exposure
Seaflyer Precision Industry Co., Ltd. China for current Honda Amaze tooling
Suzuki Motor Corporation, Japan for 3rd Generation WagonR Project
Spyker Cars N.V., Netherlands to study & develop the Indigenization strategy for its C8 model Study & Trainings
Certification program in Management in European Environment at ESCP Berlin, Germany
Certification program in European Supply Chain Management at ESCP Paris, France
Six Weeks Japanese language program at CKC, Japan IT TOOLS
Infor LN (BAAN) ERP, SAP Ariba (E-Procurement & Spend Management)
Excel Programming, MS Office Suite, MS Project
GAMS (SCM Analytics), SPSS (Statistical Analytics) DISTINCTIONS
Experience of working in Diverse Environments as diverse as Indian, European, Japanese & Chinese
Experience of working in Automobiles, Component Suppliers, Wood Panels, Furniture, Food, Agriculture Industry
Trained in Japanese Language from CKC, Japan & English Language from British Council, New Delhi
Lean Six Sigma Green Belt Certified
Registered an invention with Patent no. 201611018639A published in Patent Office Journal No. 48/2017 ADDITIONAL INFORMATION
Date of Birth: 10th December 1981
Nationality: Indian
Languages Known: English, Hindi, Punjabi and Japanese Hobbies Fitness training, Yoga, Cooking, Driving, Sightseeing & Learni ng about new things Address: New Delhi-NCR, India