Saurabh Parashar
Purchasing Manager @Cineplex
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WORK HISTORY
Purchasing Manager @Cineplex
Waterloo, ON, CA
Led sourcing initiatives across multi-site North American operations, managing a diversified portfolio of complex and high-risk categories (e.g, IT (Hardware and Software), Professional Services).• Developed and executed category strategies integrating TCO, supplier risk assessment, market intelligence, and analytical approach and cost modeling to align with organizational objectives and risk appetite.• Conducted enterprise-level sourcing analysis, leveraging data-driven insights to present strategic recommendations to senior leadership and enabling informed decision-making on high value transaction / spend.• Directed high stake commercial negotiations, optimize cost structures, securing favorable terms and mitigating contractual / operational/ reputational risks, resulting in improvement in the supplier terms and reduced exposures.• Managed supplier performance governance including KPI dashboards, scorecards, remediation plans, and continuous improvement initiatives.• Served as key liaison between Business Leaders, Finance, Legal, Audit, IT Risk and Operations teams, ensuring sourcing aligned with required standards internal controls, finance policies and governance frame works• Independently prioritized and delivered multiple concurrent sourcing projects based on business impact, urgency and risk while upholding best practices, confidentiality and strong internal controls.• Fostered a culture of continuous communication, risk awareness, confidentiality, and strong internal controls across procurement operations.• Provided coaching and guidance to junior procurement staff, fostering best practices in sourcing, negotiation, and supplier management.
EDUCATION
IPSCMI
Certified International Procurement Professional & Manager, Procurement Professional
Project Management Institute Chennai Chapter
Project Management Professional, Project Management
Institute of Management Technology, Ghaziabad
PGDBM, Materials Management
IPSCMI
CISM - Certified International Sourcing Manager
ABOUT SAURABH PARASHAR
Strategic Sourcing & Category Portfolio ManagementRFx Strategy (RFI/RFP/RFQ) & Competitive BiddingOrganizational Risk Mitigation & Supplier Due DiligenceExecutive-Level Stakeholder Engagement & InfluenceContract Negotiation (MSA, SOW, NDAs & Amendments)Total Cost of Ownership (TCO)Supplier Performance GovernanceCross-Functional Coordination (Finance, Legal, Risk, IT, Operations)Portfolio Prioritization Across Multiple Complex InitiativesERP Systems: PeopleSoft, NetSuite, Medius and SAPRegulatory & Audit Compliance (Internal/External Controls)IT / NON IT / CAPEX / OPEX / Indirect Spend Governance
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