Abhishek Singhal
Cost Optimization & Digital Transformation Leader | Sourcing & Procurement | Deloitte | ex-GEP, Hyundai | IIM Mumbai (NITIE), VIT Vellore
- Role
- Engagement Manager at Deloitte
- Location
- New Delhi, DL, IN
- LinkedIn followers
- 500 followers
About Abhishek Singhal
Abhishek is a result oriented supply chain professional with 12 years+ of experience in Strategic Cost Management (EBITDA improvement), Strategic Sourcing, Digital Procurement, New Product Development, Business Process Redesign, Lean Six Sigma, Shop-floor Operations Productivity Improvement and Project Management. He holds an MBA from National Institute of Industrial Engineering, Mumbai and a Bachelor\'s Degree in Mechanical Engineering from VIT University, Vellore.He is currently working as Engagement Manager at Deloitte Consulting. Prior to Deloitte, he worked at GEP and led multiple Sourcing & Procurement projects for clients in the North America region (Both on-site and offshore).Abhishek has also worked for 3 years at Hyundai Motors. He was also deputed to South Korea during new product development to coordinate with suppliers, R&D and manufacturing. His projects were primarily focused on new car development (design stage till mass production), product tear-down, competitor benchmarking, facility planning, strategic sourcing, quality and productivity improvement.
Experience
Engagement Manager
Jun 2019 — Present · Gurgaon, IN
Drove Coupa Source to Pay (S2P) Digital Transformation to improve business process efficiency and technology capabilities by deploying leading practices for a global Media and Entertainment company-Designed the spend taxonomy, S2P processes and S2P Technology RFP for a leading Logistics Automation client - Redesigned Supplier Relationship Management strategy for a $72B Technology client that incorporated supplier segmentation, supplier collaboration, supplier risk and performance monitoring- Achieved single source of truth for $104B spend data by developing Direct and Indirect spend taxonomy after analyzing 24 million + transactions across 140 subsidiaries- Increased visibility of actual spend against Zero Based Budgeting package / sub-package to monitor budget & track savings target of $10B over 3 years - Developed contract compliance strategy for supply chain contracts to define contract structure and ensure pricing and discounts compliance - Performed opportunity assessment on Professional Services, IT and Facilities category and recommended category savings of $400M - Performed operating model assessment and provided recommendations to improve efficiencies of procurement function- Determined buying channels strategy for all sourcing categories to standardize procurement processes, increase spend visibility and improve transaction ease- Managing the Deloitte Global CPO Survey for last 5 years
Education
Vellore Institute of Technology
B.TECH, Mechanical Engineering
2007 — 2011
St. Thomas' College, Dehradun
Scholarship Holder during class 11th and 12th
2007
Indian Institute of Management Mumbai
MBA, Supply Chain Management
2014 — 2016
Skills
- Procurement
- Stakeholder Management
- Data Analysis
- Supply Chain Management
- Automotive
- Strategic Sourcing
- Automobile Industry
- Project Management
- Spend Analysis
- Strategic Consulting
- Management Consulting
- Negotiation
- Operations Management
- Vendor Management
- Contract Negotiation
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