Makarand Joshi

About Makarand Joshi

IT Professional with strong Business and IT understanding in Global Organisations spanning Automotive, Manufacturing and IT services. Have handled multiple assignments in areas of Manufacturing, Quality, After Sales and Employee Self Service Applications. This overall experience gives a unique advantage to conceptualize solutions from the Organisational and Customer perspective. Specialties: IT Governance, Vendor Management, Enterprise Architecture, IT Outsourcing, Cost Optimization, Application Tuning, Application Interface etc.

Experience

1. Global Head - IT and Digital Sourcing

   Tata Technologies

   Apr 2019 — Present

   Responsible for overseeing a $40M+ IT and digital sourcing portfolio across diverse categories, driving cost savings, supplier performance, and operational efficiency in alignment with organizational goals.• Strategic Cost Reduction: Delivered a 35% reduction in sourcing costs by consolidating volume, negotiating contract terms, and deploying competitive bidding, enhancing supplier leverage and sourcing agility.• Data-Driven Sourcing: Spearheaded a spend analysis initiative that utilized advanced data analytics to identify supplier spend patterns, resulting in $5M in annualized savings. This data-driven approach optimized category management and strengthened sourcing strategies.• Automation & Efficiency: Designed and implemented an RPA-enabled sourcing workflow for low-value transactions, reducing processing time and minimizing human error, significantly enhancing transactional efficiency.• Supplier Performance Management: Launched an analytics-driven Supplier Performance evaluation system, setting KPI benchmarks that improved compliance with contractual SLAs and strengthened supplier accountability.• Real-Time Sourcing Dashboard: Developed a comprehensive Power BI-based sourcing dashboard, offering real-time insights into expenditure, compliance, and predictive cost trends, improving budget forecasting accuracy to 90%.• Blockchain Pilot for Transparency: Pioneered a blockchain-based pilot to improve supplier transparency and track sourcing stages, achieving a 25% increase in order accuracy and enhanced traceability across the supply chain.• Sustainability in Sourcing: Integrated lifecycle analysis and sustainability metrics into supplier selection criteria, increasing adoption of environmentally responsible suppliers and aligning with corporate social responsibility goals.

Education

• Willingdon College Of Arts and Sciences, Sangli

  BSc, Electronics

• Savitribai Phule Pune University

  MCA, Computer Science

• Symbiosis Institute of Business Management, Pune

  Executive MBA, Business Administration and Management, General

Skills

• Data Migration
• Vendor Management
• IT Service Management
• Management
• Database Design
• Relational Databases
• Business Analysis
• IT Strategy
• Team Management
• Requirements Analysis
• Software Project Management
• Crm