Ashok Kumar Babu

About Ashok Kumar Babu

As a seasoned IT Procurement professional with 12 years of experience, I excel in developing and implementing procurement strategies that align with organizational goals. My expertise spans vendor management, market research, end-to-end P2P processes, contract management, and ERP systems. Key Responsibilities: Procurement Strategy and Planning: Crafting strategies, analyzing market trends, and optimizing buying channels. Supplier Management: Evaluating and negotiating with suppliers to ensure quality and cost-effectiveness. Purchasing and Order Management: Overseeing procurement processes, managing inventory, and resolving supply chain issues. Contract Management: Drafting, reviewing, and ensuring compliance of supplier contracts. Budget and Cost Control: Managing budgets, conducting cost analysis, and identifying savings opportunities. Compliance and Risk Management: Ensuring adherence to policies and managing procurement risks. Team Management: Leading and mentoring procurement teams, fostering collaboration. Reporting and Analysis: Analyzing procurement activities, presenting insights, and driving continuous improvement. Stakeholder Management: Providing high-quality service to internal and external stakeholders. I am committed to driving cost savings, enhancing supplier performance, and ensuring seamless procurement operations. My strategic approach and collaborative mindset enable me to deliver impactful results in dynamic and complex environments.

Experience

1. Procurement Project Manager

   Comcast

   Apr 2024 — Present · Chennai, IN

   In my role as a Procurement Project Manager at Comcast, I led a team to achieve procurement goals by managing supplier negotiations, financial analysis, and contract administration. I identified cost-saving opportunities through supplier proposals analysis and effectively communicated with stakeholders to reduce total cost of ownership.• Manage requests for proposal, eAuction, supplier negotiations, financial analysis, and contract administration• Identify opportunities to leverage sourcing of procurement and utilize procurement tools and processes to research supplier and commodity information as well as report and record procurement transactions• Manage the analysis, negotiation, drafting, and implementation of contracts, as well as oversee contracts/suppliers for compliance, deliverables, and opportunities• Analyze supplier proposals to identify savings, commitments, and opportunities as well as work with suppliers to measure/track performance and reporting requirements• Communicate with stakeholders to reduce the total cost of ownership of the procurement process as well as plan and negotiate agreements to minimize risk and exposure, and provide optimal terms and conditions• Monitor the supplier market and identify opportunities resulting from new product offerings and/or market shifts based on business input• Contribute to corporate initiatives including approved supplier program as Value added reseller (VAR), diversity spend program, service excellence, procure-to-pay program and achieving annual measurement goals• Liaise with sourcing team, legal, internal customers, and suppliers to ensure all audit guidelines are met and adherence to processes and procedures is achieved as per company norms.• Has the ability to operate with a limited level of direct supervision. • Acts as SME to senior stakeholders and /or other team members.

Education

• SRM University

  Master of Business Administration (M.B.A.)

  2013 — 2015

• Guru Nank College, Chennai

  Bachelor of Science (BSc)

  2008 — 2011