Nishant Jindal
Manager, Non-merchandise Procurement @The Children's Place
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WORK HISTORY
Manager, Non-merchandise Procurement @The Children's Place
Secaucus, NJ, US
Accountable for the P&L for Digital Marketing ($13M OPEX) & Information Technology ($20M OPEX); proactively analyze by retail channel and brand to influence decision making, maximize ROI, and identify R & Os- Collaborate with Accounting, Finance, and Capital Management teams to deliver consistent and credible analysis to inform category level strategies as the basis of the company’s enterprise roadmap; manage the categorization of spend across various business units such as Digital Marketing, Global Logistics, Human Resources, IT, and Store Operations- Lead the procurement lifecycle including business case initiation, requirements, sourcing activities (auctions, RFPs), pricing, negotiations, and contracting with suppliers. Adept in category spend and purchase order management- Actively negotiate changes to existing agreements, such as bundled services and co-termed brand renewal contracts, in addition to new amendments meant to grow relationships- Achieve delegate vendor oversight strategy including determining new specialties, markets, and vendors, to partner with, focused on total cost and ensuring all business terms are outlined in supplier Achieved profit margin growth quarterly and savings of 12% in FY22, for Digital Marketing and IT, by negotiating contracts with favorable termination rights, auto-renewal provisions, and NET payment Implemented a corporate non-merchandise procurement policy to establish best practices to enforce supplier diversity, sustainable supply chain, and innovation. The policy ensures accountable, efficient, transparent, and ethical practices are used to acquire non-merchandise goods and services from external Consolidated 40+ vendor accounts receivable statements and reduced accruals by 5% monthly in Designed and integrated a tailored procurement decision matrix specific for the lead systems integrator on a key project.
EDUCATION
Seton Hall University
Master of Business Administration (M.B.A.), Finance
Rutgers, The State University of New Jersey-New Brunswick
B.A., Economics and Philosophy
Hunterdon Central Regional High School
High School Diploma
Purdue University
Computer & Information Technology
ABOUT NISHANT JINDAL
Finance | Operations | Procurement | Strategy
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