Amol Barde

About Amol Barde

As an accomplished professional with over 17 years of experience in strategic sourcing, procurement, and category management, I am passionate about leading procurement strategies that drive operational efficiency and cost optimization. I have a demonstrated track record in managing complex sourcing and procurement processes and am committed to enhancing business processes and systems.Over the years, I have honed my expertise in leveraging technology to facilitate streamlined procurement operations, including extensive proficiency in ERP systems, reporting tools, service management tools, and Microsoft Office Suite. I\'ve also developed a strong ability in Lean & Six Sigma methodologies, greatly aiding process optimization and operational excellence.My experience spans various sectors where I have been instrumental in implementing and overseeing procurement projects, managing stakeholder relationships, and fostering collaboration across diverse teams. I have always emphasized adherence to compliance standards, risk mitigation, and continuous process improvement.Noteworthy accomplishments include being recognized for cost savings, category strategy formulation, and operational excellence through Six Sigma initiatives. I\'ve been acknowledged as an authority in professional services sourcing and category management, with a proven ability to lead intricate negotiation processes.I thrive in an environment that challenges me to learn and grow. I aim to significantly impact the organization\'s bottom line while fostering a work culture encourages teamwork, innovation, and growth. I always seek opportunities to connect with like-minded professionals passionate about excellence and continuous improvement. Let\'s collaborate to drive impactful solutions and achieve mutual success. Let\'s connect and unlock new possibilities together.ACCOLADES AND RECOGNITION• $550 cash award, Global Procurement Town Hall, Mar 2023: Saved $2.4 million in Hexaware Alpha deal• State Street, Aug 2022: Active participation in \"Business Acumen Series,\" showcased expertise in Professional Services Category Strategy• \"CS RAVE Award,\" 2019: Highest number of RAVE Gold Bars in Accountability• \"Star Award,\" July 2018: Managed CHF 100 million expenditure in the IT Outsourcing category• \"5P-Proactive Approach\" award, Oct 2015: Spearheaded CERL process automation• \"CFO Division Award,\" May 2012: Operational excellence in the UK IT S2P process• \"Silver Award,\" 2009: Best Six Sigma project at GENPACT, India.• \"Unnati\" award, Q2-2007: Successful completion of SOX audit at Kanbay India

Experience

1. Assistant Vice President - Global Category Lead for Professional Services

   State Street

   Mar 2021 — Present · Pune, IN

   Developing and managing Professional Services category, building relationships and partner closely with various BU stakeholders, support the development of category strategies, financial models, and implementation plans to optimize purchasing power in this important category of third-party spend. Handling Strategic Category Manager role for Professional Services - Consulting category to ensure process compliance and key sourcing benefits• Demonstrated entrepreneurial skills and played a pivotal role in setting up and growing Professional Services organization in GPS from 2 FTEs to 9 FTEs with clear bifurcation of RFx, Sourcing and Buying teams• Build a robust fact-based model including global supply market structure and market trends, supplier segmentation, evaluation of supplier cost positions, benchmarking, and industry best practices to identify new opportunities and influence key stakeholders• Managing Sourcing and RFx team members in Krakow and Luxembourg to drive and co-ordinate detailed commercial deals, negotiations and sourcing models like Managed Capacity, Managed Outcome ensuring, it is adhering to the strategy and achieve maximum commercial benefit to the bank while mitigating the risk• Efficiently coordinating with all enabling functions like Facilities, HR, IT, Finance to facilitate smooth service delivery• Leading complex sourcing projects above USD 500k to improve commercial terms, reduce expense base and improve service capabilities with location strategy (onshore/off-shore) to balance business needs with cost efficiencies.• Managing Supplier relationships, coordinating Supplier Audits, QBR and ensure Compliance to local Labor law requirements, etc.• Calculate and define saving and cost efficiencies across categories and reporting to senior management• Collaborating with senior stakeholders in different Businesses like Alpha, GD, and GTS, etc. and Procurement to define category strategies, performance criteria and overall category progress

Education

• Educatis University Switzerland

  Certification in Business Intelligence, Business intelligence

  2010 — 2011

• Competitors View

  CPSCM™, Purchasing, Procurement/Acquisitions and Contracts Management

• AISSMS College of Engineering, Pune

  Bachelor of Engineering (B.E.), Mechanical Engineering

  1999 — 2003

• Department of Management Sciences (PUMBA), Savitribai Phule Pune University

  Master of Business Administration (MBA), Operations Management

  2003 — 2005

Skills

• Management
• Analysis
• Procurement
• Transition Management
• Business Process
• Business Process Re-Engineering
• Operations Management
• Outsourcing
• Procurement Operations
• Business Analysis
• IT Sourcing
• Supply Chain
• IT Procurement
• Sourcing
• Vendor Management
• Supply Chain Management
• Strategic Sourcing