Krunal Korade
Strategic Sourcing Lead @GEP Worldwide
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WORK HISTORY
Strategic Sourcing Lead @GEP Worldwide
Navi Mumbai, IN
As a Strategic Sourcing Lead, I manage end-to-end sourcing projects across categories, driving cost savings, risk mitigation, and supplier performance improvements. I lead RFx processes, negotiate and finalize high-value contracts, and oversee full contract lifecycle management with legal and compliance teams. Partnering with global stakeholders across NA & EMEA, I design sourcing strategies, strengthen supplier relationships, conduct risk assessments, and manage tail-spend and spot buys to ensure compliance and deliver measurable business value.• Spearhead end-to-end sourcing projects across categories, driving cost optimization, risk mitigation, and supplier performance improvements.• Design and execute sourcing strategies & category plans, leveraging industry benchmarking, spend analysis, and market intelligence to deliver measurable value.• Negotiated and finalized high-value contracts, ensuring favorable terms across pricing, SLAs, and compliance requirements, while reducing total cost of ownership (TCO).• Lead RFx processes (RFI, RFP, RFQ), from supplier qualification to bid evaluation and final award, and simultaneously achieve savings through competitive sourcing.• Direct contract lifecycle management, including renewals, migrations, and redlining, in close coordination with legal and compliance teams.• Strengthen Supplier Relationship & Risk Management, conducting evaluations, profiling, and financial risk assessments to ensure supplier reliability and continuity.• Partner with global stakeholders across NA & EMEA regions, translating business requirements into clear SOWs and aligning sourcing initiatives with organizational priorities.• Manage tail-spend management & spot buys, and improving compliance with preferred suppliers.
EDUCATION
Dr. Vithalrao Vikhe Patil College of Engineering Ahmednagar
Bachelor of Engineering - BE, Mechanical Engineering
Residential Junior College, Ahmednagar
Highschool, Science
Athare Patil Public Scool
SSC
ABOUT KRUNAL KORADE
Experienced sourcing and procurement professional with experience in driving cost savings, risk mitigation, and supplier performance across direct, indirect, and capex categories. Skilled in end-to-end sourcing, contract management, and supplier development. I have managed global RFx processes, negotiated high-value contracts, and delivered measurable business value through strategic sourcing initiatives.Having worked across multiple OEMS & currently as a sourcing lead I have an experience with a wide range of commodities —from raw materials, process chemicals, and packaging to electricals, machined components, and minor capex—I bring a strong track record in vendor development, alternate sourcing, and process improvement. Partnering with global stakeholders across NA, EMEA, and India, I focus on building resilient supply bases and aligning sourcing strategies with organizational goals.
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