Omkar Katkar

About Omkar Katkar

Considered an enthusiastic highly professional procurement specialist with great decision…

Experience

1. Procurement Lead

   LyondellBasell

   Sep 2023 — Present · Mumbai, IN

   Act as Procurement Manager, leading early-stage procurement support during FEL-1 and FEL-2 phases, including market assessment, budgetary inquiries, supplier engagement, and initial commercial risk insights to support scope definition, cost accuracy, and execution planning.Act as Procurement Lead, collaborating closely with EPC contractors to align procurement activities with project requirements, schedules, and technical specifications.Act as an independent buyer, managing end-to-end procurement and contract activitiesLead development, negotiation, and execution of Annual Rate Agreements (ARA) with key contractors, ensuring competitive pricing, commercial transparency, and compliance with company standards. Negotiated ARAs saving ~$ 80K annually.Lead and Serve as the Focal Point for IP protection, coordinating with Legal, suppliers, and internal stakeholders to safeguard IP, accelerate sourcing, and maintain document governance for all the projects across US, EU and IMEA. Executed CDAs for 10+ high-value projects, reducing approval cycle by 70%.Support the Project Procurement / Contract Manager in end-to-end procurement and contract activities, ensuring compliance, timely approvals, and smooth supplier engagement including vendor coordination, CDA execution etc.