Saikumar Rai

Procurement & Vendor Management Leader | Global Sourcing | Contracts | Compliance | 14+ yrs experience

Role: Procurement Manager at Freyr Solutions
Location: Hyderabad, TG, IN
LinkedIn followers: 500 followers

About Saikumar Rai

I am a Procurement & Vendor Management professional with 14+ years of experience, including 5+ years in strategic procurement, leading global vendor operations, contract management, and compliance-driven sourcing.Currently, I manage end-to-end procurement activities covering vendor onboarding, evaluation, contracting (NDA, DTA, MSA), invoicing, and payment coordination across India, US, Europe, and APAC regions.My expertise includes:• Global vendor sourcing & evaluation• Compliance coordination (GDPR, ISO 9001/27001, audits)• Contract negotiation & risk management• ERP-driven procurement (Odoo)• Cross-functional collaboration with Finance, Legal & Compliance• Cost optimization & process standardizationI have successfully supported vendor centralization initiatives, R&R global reward sourcing, asset insurance programs, and third-party audits, ensuring strong governance and operational efficiency.I am passionate about building scalable, compliant, and transparent procurement frameworks that enable business growth while minimizing risk

Experience

Procurement Manager
Freyr Solutions
Jul 2017 — Present · IN
Vendor Evaluation & Onboarding, Contract & Compliance Management, Budget Control & Cost Optimization, Cross-Departmental Coordination, Event Procurement & Reimbursement Oversight, Strong Process Orientation & Attention to Detail

Education

Gandhian Institute of management
Master of Business Administration - MBA, Finance and Financial Management Services
2011 — 2013
AV College - India
Bachelor of Commerce - BCom
2009 — 2011

Contact information

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Current company

Razorpay

Software Development · 4K employees · Bangalore, Karnataka, India

Power your finance, grow your business. Razorpay is India’s first full-stack financial solutions company. We are on a mission to enhance the payment experience of over 300 million end consumers. And in doing so, we aim to enable Indian businesses - big and small - accept payments digitally with minimal effort and maximum ease. Razorpay has grown from being a payment gateway provider to a solutions-driven organization boasting of an extensive products suite to accept and disburse payments as well as raise capital and park money. In a nutshell, we fit into every nook and corner where your business touches money. #OutgrowOrdinary We identify ourselves as disruptors in the digital payments space and our vision is to power the financial ecosystem for other disruptors. Like attracts like and Razorpay actively looks to partner with established companies and startups that have either broken the glass ceiling in their industry or are set to. The Razorpay Product Suite today comprises verticals, along with Payment Gateway, like Payment Links, Payment Pages, Subscriptions, Smart Collect, Route, Razorpay Capital, RazorpayX, Payroll and Thirdwatch. Razorpay was started in 2014 by two IIT Roorkee alumni, Harshil Mathur and Shashank Kumar. Just a short few years later, Razorpay has evolved into a 800-odd strong organization with some of the best talents in the country helping some of the best companies manage their money movement seamlessly. Certified cool We are a bunch of spirited, ambitious and fun folks. And no, we’re not saying this ourselves--leading institutions have recognized Razorpay for the high trust and high-performance culture that we maintain. Our strength lies in the people we are and we go to great lengths to nurture a family of coders, designers, sellers, marketers, analysts, writers, runners, photographers, gamers, tinkerers, and above all, people who are dreamers and doers at the same time. Be a part of our exciting journey.

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About Saikumar Rai

Experience

Procurement Manager

Education

Gandhian Institute of management

AV College - India

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