Stanly Nevis
Analyst - Sourcing | Strategic Sourcing & Supplier Relationship Management
- Role
- Sourcing Analyst Strategic Sourcing & Supplier Relationship Management at Verizon
- Location
- Chennai, IN
- LinkedIn followers
- 500 followers
About Stanly Nevis
With 5+ years of experience in Strategic Sourcing and Vendor Management, I specialize in…
Experience
Sourcing Analyst Strategic Sourcing & Supplier Relationship Management
Oct 2021 — Present · Chennai, IN
Strategic Sourcing and Procurement:Conduct market research and spend analysis to identify new suppliers and cost-saving opportunities.Develop and implement strategic sourcing initiatives to optimize the supply base and reduce procurement costs.Manage the end-to-end sourcing process, including RFI, RFQ, and RFP creation, bid analysis, and contract negotiation.Collaborate with cross-functional teams (e.g, Finance, Legal, Operations) to define sourcing requirements and ensure alignment with business objectives.Develop and execute category management strategies to drive continuous improvement and cost reduction.2. Vendor and Supplier Management:Identify, evaluate, and qualify potential suppliers based on quality, cost, and service criteria.Build and maintain strong relationships with key suppliers to foster collaboration and ensure performance.Manage and mitigate supplier-related risks, including financial, operational, and ethical risks.Serve as the primary point of contact for vendor-related issues and ensure timely resolution.3. Data Analysis and Reporting:Utilize data analytics tools to analyze procurement data, identify trends, and generate actionable insights.Prepare and present detailed reports and presentations on sourcing projects and supplier performance to stakeholders.Develop and maintain sourcing databases and documentation to ensure accuracy and compliance with company policies.Forecast future sourcing expenditures and assist in the development of departmental budgets.4. Contract and Risk Management:Negotiate commercial and legal terms of contracts with suppliers to achieve favorable outcomes.Review, analyze, and clarify vendor proposals and contracts to ensure compliance and mitigate risk.Manage the contract lifecycle, including renewals, terminations, and compliance with contractual obligations.Ensure all sourcing activities and supplier relationships adhere to legal and regulatory requirements.
Education
Loyola College
Post Graduate Diploma
2018 — 2019
DMI Engineering College
Bachelor of Engineering - BE
2011 — 2015
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