Sumanto Bhandari

About Sumanto Bhandari

In a day, when you don’t come across any problems – you can be sure that you are…

Experience

1. President & Chief Procurement Officer (Cpo)

   Finolex Industries Ltd

   Apr 2025 — Present · Mumbai, IN

   At Finolex Industries, India’s only resin-integrated pipe and fittings manufacturer with 40+ years of trusted legacy, I lead a high-performing team of 30+ professionals, driving a ~$500MM global portfolio across direct and indirect spend. With a focus on strategic sourcing and category management, I’ve implemented transformative initiatives that support pan-India operations and align procurement practices with long-term value creation. I also champion our digital transformation journey—turning data into actionable insights that fuel sustainable growth and informed decision-making.Leading global sourcing and imports of bulk commodities and chemicals like Ethylene, EDC, VCM, PVC, CPVC, PVA, Coal, Naphtha, Fuel, TiO2, CaCO3, stabilizers, additives, pigments, etc in addition to indirect materials & services like - packaging, Capex, MROs, corporate service, professional services, logistics, warehousing, marketing and IT Key Achievements:• Delivered $6MM+ in savings and cost avoidance in first 100 days• Embedded category management and buyer-led models to shift procurement from tactical to strategic• Led complete procurement restructuring—policies, roles, compliance, and best practices• Cultivated performance-driven culture centered on collaboration, innovation, and continuous improvement• Conducted maturity assessment to define roadmap for next-level procurement excellence• Spearheaded spend classification, vendor mapping, and master data cleansing for transparency and risk mitigation• Initiated cross-functional value-engineering programs to unlock efficiency and growth• Driving enterprise-wide digital transformation to improve agility, process control, and business outcomesI thrive on building resilient supply networks and designing sourcing ecosystems that support scale, speed, and sustainability

Education

• KPMG Learning Academy India

  Lean Six Sigma Green Belt Certification

  2024 — 2024

• INDIAN INSTITUTE OF PACKAGING - IIP

  Post Graduation in Packaging Engineering

  1998 — 2000

• Indian Institute of Materials Management, Mumbai

  MBA

  2002 — 2004

• Mumbai University Mumbai

  Bachelor of Science - BS

  1995 — 1998

• Indian School of Business

  "Leadership with AI"

  2024 — 2024

• Indian Institute of Management, Calcutta

  Advanced Program in Supply Chain Management (APSCM)

  2016 — 2017

• Institute for Supply Management® (ISM®)

  CPSM

  2010 — 2011

• SIPMM - Singapore Institute of Purchasing and Materials Management

  Certificate of Competency in Digital Procurement

  2021 — 2021

• Institute for Supply Management® (ISM®)

  CPM

  2006 — 2006

Skills

• Pharmaceutical Industry
• Forecasting
• Continuous Improvement
• Cost Management
• Capex and Services Sourcing
• Product Development
• Management Consulting
• Supplier Quality Management
• Team Management
• Supplier Relationship Management
• Fmcg
• Global Sourcing
• Procurement Excellence
• Financial Analysis
• Esourcing
• Packaging Engineering
• Food & Beverage
• Training & Development
• Working Capital Management
• Negotiation
• E-Procurement
• Commodity Risk Management
• Supply Chain Management
• Strategic Sourcing
• Compliance Management
• Leadership
• Operations Management
• Data Mining
• Cross-Functional Team Leadership
• Raw Materials
• Logistics
• New Business Development
• Business Strategy
• Indirect Purchasing
• Manufacturing
• Coaching & Mentoring