Praveen Sharma

About Praveen Sharma

A distinguished Global Sourcing & Procurement Leader with over 13.8 years of extensive experience in Category Management (Indirect Service Procurement). Demonstrates a proven track record in Procurement Shared Services and Global Capability Centre (GCC) within Fortune 500 companies, spanning the FMCG, Banking, Insurance, and Manufacturing sectors. Adept at leading cross-functional teams and driving strategic initiatives to optimize procurement processes and deliver substantial cost savings.Key Skills1. Category Management2. Contract Life cycle Management3. Negotiations4. Vendor Governance 5. Procurement TransformationExperience in categories:1. Workplace/ facilities2. HR, contingent labor & Professional Services3. Media & Marketing, Marcom4. IT Software & Hardware5. IT Cloud sourcingKey Contributions:1. Procurement Transformation • Transitioned global indirect sourcing (IT & Non-IT) worth $50M+ annually from North America to India, achieving 20–25% cost savings. • Designed and rolled out a global procurement policy framework adopted across 10+ countries, ensuring compliance and governance.2. Non-IT Project Management • Led 20+ cross-functional projects including real estate integration, facilities management, employee transport, and catering services. • Delivered operational efficiencies and vendor consolidation across 5 regional offices, impacting employees.3. Marketing & Media Procurement • Managed procurement for ATL, BTL, TTL campaigns and digital media with an annual spend of $10M+. • Negotiated contracts for media buying and promotional items, achieving 15% cost reduction while improving campaign reach and ROI.4. IT Procurement & Governance • Oversaw procurement of IT hardware and software assets valued at $30M+, including laptops, servers, and cloud solutions. • Implemented governance and compliance frameworks, reducing audit findings by 40% and enhancing software asset management.5. Technology Staffing • Established labor rate card agreements with 10+ global vendors, supporting technology staffing across North America, EMEA, and APAC. • Enabled faster onboarding and cost-effective sourcing for 100+ application development roles.

Experience

1. Category Management & Partner Governance - Leadership

   Reckitt

   Aug 2022 — Present · Gurugram, IN

   Key Responsibilities:Lead global Source-to-Contract (S2C) operations across IT and Non-IT categories, ensuring compliance, cost optimization, and supplier performance.Key Achievements:Workplace & Facilities1. Delivered UK office retrofit Sq. Ft.) with a project spend of ~$18.6M,~11% savings2. Optimized global Facilities Management services (~500K Sq. Ft, 250 staff),~12% cost savings.HR & Workforce Procurement1. Transformed payroll operations across 65 countries (£13M spend), delivering £900K in savings.2. Negotiated Temp Staffing contract with improved SLAs and reduced commission to 4%, saving $100K.IT Procurement1. Led Cloud Migration & Optimization project ($850K spend), achieving $100K in savings.2. Rationalized IT hardware vendors ($2M spend), delivering $350K in cost reductions.3. Complex Contract Negotiations – SaaS, Cloud & Logistics, Negotiated contracts worth $80M+, achieving 15% cost optimization while embedding innovation clauses and risk‑sharing mechanisms to strengthen supplier partnerships- Procurement Automation & Analytics Deployed spend analytics dashboards for a $300M portfolio, reducing cycle times by 25% and enabling real‑time KPI tracking for executive decision‑making. Procurement Transformation1. Transitioned PR–PO & Invoicing processes (£52M spend) to India Hub, establishing a new service line and improving operational efficiency.

Education

• ISM

  CPSM, Logistics, Materials, and Supply Chain Management

• Zakir Husain Delhi College, University of Delhi

  Bachelor of Science (BS), Electronics Hons.

  2007 — 2010

• New Delhi Institute Of Management

  Master of Business Administration - MBA, Finance, General

  2010 — 2012