Subhash Anchan

About Subhash Anchan

Instrumental in working with executive stakeholders in setting global strategic plans and managing multimillion-dollar budgets that align with set KPIs. Establishes a reputation for bringing thought leadership in building strategic global partnerships with top-ranking suppliers while negotiating high-quality and fair contracts. Accountable for the direct materials category, meeting strict financial commitments, delivering cost savings, and mitigating risk across the global supply chain. As a leader, committed to developing top-performers, who brings people together to achieve a common vision by promoting transparent communication as well as a collaborative and inclusive working environment across cultural and language barriers. Contributed to multiple New Product Introductions working closely with business professionals and engineers throughout the product development lifecycle. Core competencies include: Supply Resilience and Continuity I Global Strategic Sourcing & Procurement | Commodity Globalization | Leadership I Supplier Relationship Management | Negotiations I Cost & Risk Controls | Demand Planning | Process Improvement | Materials Management I New Product Introduction (NPI)

Experience

1. Executive Director Global Sourcing Category

   Baxter International Inc.

   Jun 2019 — Present · Chicago, IL, US

   Directed global spend of over $700M categories with 15 global manufacturing locations and supporting global supply chain. Defined and executed global strategic sourcing and supplier base aligning Key Performance Indicators (KPIs) with corporate vision and goals. Established strong working relationships with key global supplier chain partners and liaised closely with executive teams across business units to standardize processes and systems in adherence with regulations. Recruited, developed, and managed cross-functional teams. • Met demanding financial commitments and delivered VIP cost savings of over $35M (5%) by negotiating pricing and contractual agreements, implementing sourcing and supply chain controls, and managing annual budgets. Collaborated to create direct material VIP pipeline greater than $40M (6%) with suppliers (VAVE) and total cost of ownership (TCO). • Oversaw all aspects of strategic sourcing and procurement activities with focus on supply base design. Achieved 10% YOY supplier reduction with categories aligned on supplier segmentation (strategic and preferred).• Developed and deployed Supplier Relationship Management (SRM) process and dashboard focusing on supplier performance, supply continuity, capacity, risk mitigation, and drove cost optimization for business.• Delivered initiative-taking approach with commodity market intelligence to mitigate supply and price risk (index hedging and contracts) and build supply chain resilience and agility.• Executed sourcing strategy to transfer electronics assembly to mitigate U.S. tariff, resulting in savings of $3M.• Ensured functional support to develop and deploy procurement system, process, tools, and enhanced data analytics. • Enabled category support by fostering collaborative and inclusive working environment through transparency of strategies and communications between NPI team, center-led, sector-led, and regional-based sourcing teams.

Education

• Indian Institute of Management Bangalore

  PGDMM, Materials mangement

• University of Phoenix

  Master of Business Administration - MBA

• Karnatak University

  Bachelor's degree, Electrical, Electronics and Communications Engineering

• Karnatak University

  BE, Electronics

• University of Phoenix

  MBA, General