Sumanto Bhandari

President & Chief Procurement Officer (Cpo) @Finolex Industries Ltd

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

KPMG Learning Academy India

Lean Six Sigma Green Belt Certification

INDIAN INSTITUTE OF PACKAGING - IIP

Post Graduation in Packaging Engineering

Indian Institute of Materials Management, Mumbai

MBA

Mumbai University Mumbai

Bachelor of Science - BS

Indian School of Business

"Leadership with AI"

Indian Institute of Management, Calcutta

Advanced Program in Supply Chain Management (APSCM)

Institute for Supply Management® (ISM®)

CPSM

SIPMM - Singapore Institute of Purchasing and Materials Management

Certificate of Competency in Digital Procurement

Institute for Supply Management® (ISM®)

CPM