Ria Ojha

About Ria Ojha

Procurement enthusiast at Lupin, driven by smart sourcing, cost efficiency, and building meaningful vendor partnerships. I believe in blending strategy with heart—because great results come from great relationships.

Experience

1. Procurement Executive

   Lupin

   Apr 2025 — Present · Airoli, IN

   Key Responsibilities: • Served as Buyer for IT equipment and software within the Indirect Procurement function, supporting end-to-end sourcing activities accounting for approximately 25–30% of total indirect spend across multiple business units.• Negotiated pricing, payment terms, delivery schedules, and commercial terms and conditions with vendors, achieving 8–12% cost savings across 50+ procurement transactions.• Led vendor selection, new vendor development, and onboarding of 159 suppliers on Lupin’s Supplier Collaboration System (SCS), resulting in a 20–25% reduction in GST-related financial leakages and improved regulatory compliance.• Created, reviewed, and released 300+ Purchase Orders using SAP, ensuring 100% compliance with approved commercial terms and improving on-time vendor payments by approximately 15%.• Ensured full technical and commercial compliance for 100+ vendor quotations, reducing clarification cycles and rework by approximately 18%.• Prepared detailed Commercial Bid Analysis (CBA) and Technical Bid Analysis (TBA) for 40+ sourcing events, enabling data-driven vendor evaluation and improving sourcing efficiency by approximately 20%.• Coordinated with Quality Control, Logistics, and vendors to facilitate delivery of ₹ 2 crores+ worth of IT equipment to project sites, improving on-time delivery performance from approximately 85% to over 95%.• Implemented the Parametric Study Method for technical evaluations, standardizing assessment criteria and reducing evaluation turnaround time by approximately 25%.• Participated in GPO Toolkit process improvement initiatives, contributing to a 15–20% reduction in turnaround time (TAT) for indirect procurement activities.• Prepared and presented monthly MIS reports on procurement performance, spend analysis, and vendor efficiency for 20+ stakeholders, supporting leadership decision-making and improving vendor utilization by approximately 10–12%.

Education

• Athena School of Management

  Master of Business Administration - MBA, Mba

• Thakur College of Science & Commerce

  FYBAF, Accounting and Finance

  2019 — 2021