Ankit Srivastava

About Ankit Srivastava

Highly accomplished and results-oriented Senior Procurement Executive with progressive…

Experience

1. Senior Executive Procurement

   Wipro

   Feb 2022 — Present · Kolkata, IN

   Responsible for sourcing and procurement of promotional scheme items, capital expenditures (Cap-Ex), operational expenditures (Op-Ex), fast-moving consumer goods (FMCG), electronics and electrical items for internal stakeholders across India and Europe. Utilize SAP, ARIBA, and M3 tools for procurement operations. Lead the Request for Quotation (RFQ) processes to secure optimal pricing and terms for procurement needs. Negotiate contracts with suppliers to establish quality, cost and delivery requirements. Create and manage detailed cost comparison sheets to facilitate data-driven purchasing decisions, leading to 15% reduction in procurement costs. Manage procurement projects, delivering on time and within budget, supporting organisational objectives. Coordinate with cross-functional teams to assess procurement needs and ensure timely delivery of goods. Conduct market research to identify new suppliers, assess risk, and evaluate product quality, ensuring competitive advantage. Monitor supplier performance and resolve disputes with suppliers through effective negotiation, addressing issues promptly to mitigate risks to the supply chain. Analyse spend data to identify cost-saving opportunities and improve budget management. Maintain required inventory levels at minimal cost. Last year saving up-to 13 percent. Managing team of fifteen people.