Senthil Arasu
- Role
- AVP - Procurement at HDFC Life
- Location
- Mumbai, IN
- LinkedIn followers
- 500 followers
About Senthil Arasu
At HDFC Life, my focus on strategic sourcing and supplier development has been honed over…
Experience
AVP - Procurement
Oct 2021 — Present
Spearheading sourcing activities for Pan India for products & Services for various categories like and not limited to Facility Services, Professional Services, MARCOM, IT projects. Logistic Services, MICE and Printing\\\\n• Conducting all commercial negotiations and floating of RFI, RFQ, RFP & administering E- auctions\\\\n• Developing new vendors for various services / goods. Always keen to find new opportunities to enhance deliverables.\\\\n• Working with top 15 critical suppliers across all verticals for assessing & managing their supplier performance\\\\n• Developed structured governance model for Supplier Development. Interacting with all senior management teams of\\\\nboth Supplier & Exide Life for maintaining long term relationship\\\\n• Evaluated the Suppliers Performance on matrix like account management, cost of ownership, quality & creativity,\\\\ndelivery & execution, technology innovation & improvement and total customer satisfaction in 20 different sub divisions\\\\n• Cost Management involved in identifying areas of cost saving in across functions of the organization.\\\\n• Recommending action plan & benefit plans to the Senior Management Team for implementation\\\\n• Identifying & implementing process development areas with the help of user department to increase efficiency and\\\\ncomplete customer satisfaction\\\\n• Preparing the contracts in company’s best interest for various services / materials through measures like creating valid\\\\ncontract, ensuring timely renewal, manageable terms & conditions and tracking the same for future reference\\\\n• Assessing the overall gains to the organization through various measures/initiatives in coordination with stake holders\\\\n• Leading a team of 2 members, guidelines them to achieve Individual goal and organization objective.\\\\n \\\\n\\\\n \\\\n \\\\n\\\\n \\\\n
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