Nishith Sanghvi

Global Procurement Strategy, Governance and Compliance Manager (Multiple Roles) @Caterpillar Inc.

Led team and portfolio of enterprise-wide global supply management transformation and governance initiatives- Providing leadership, strategy & guidance to portfolio managers and led the global team of professionals to design, develop, deploy and sustain enterprise level capabilities for 17 Enterprise risks to achieve compliance- Developed strategies for global supply network to design, govern & manage business processes to enable lean deployment. Led the effort for procurement governance, policies, practices & business rules to govern the sourcing, purchasing, logistics, transport, receipt, storage & inventory management of goods and services to support Caterpillar operations worldwide- Created a structured & disciplined approach to improve productivity thru standard processes, role transformation & drove accountabilities to achieve effective corrective actions- Built a governance framework to drive effective decision making through appropriate escalation processes. Provided accountability for audit issues to manage Enterprise risk- Collaborated with commercial teams to drive effective price mgt. of fixed & variable price changes that resulted into ZERO SOx issues & cost avoidance benefits- Enabled world-wide community in alignment with procurement strategy. Ensuring alignment of procurement policy to regional laws / regulations & procurement / sourcing policies with enterprise procedures & global accounting practices- Serving as chair for multiple steering committees & providing guidance for design & maintenance of standard Purchase Order (PO) terms and conditions. Transformed contract management portfolio- Owning & ensuring that core procurement processes are designed with adequate controls to support compliance with business rules. Served as the Enterprise steward for Supplier Code of Conduct- In summary, leading the design of global supply network governance for Quality, Cost, Logistics, Development and Management of data & standards.