T. Sudhaker Reddy

About T. Sudhaker Reddy

Play a key role of effective strategies & review of chemical API’s for Formulations project purchasing, supplies, procurement procedures, contract management,AVD’s and reporting systems. Innovator & entrepreneur Supply Chain, Strategic Sourcing, Procurement and Materials Management professional with 23 year diverse track record of delivering superior results implementing strategic procurement, supply planning, cost reduction, contracts, logistics, business development, project & supplier relationship management programs that optimize the value from the supply chain of R&D and commercial activities. Well-versed with ERP in Oracle Applications & ERP in SAP Applications; proven track record in leading complex procurement function across direct materials for global API & Formulation business. A result oriented individual of unflinching integrity with demonstrated ability in relentlessly working in shaping team capabilities and inspiring to exceed expectations of the organization.Expertise in leading global sourcing & procurement across pharmaceutical value chain; managing key supplier relations to ensure regulatory compliance, quality, etc; designing sourcing & procurement strategies to ensure YoY procurement savings across product categories while ensuring desired service levels. Deft in leading market intelligence & global supply evaluation to secure supplies thereby sales; project management & Cross-functional collaboration to ensure long-term strategic advantage through vendor development and alliance management. Adroit in creating highly dynamic work environment stressing innovation and continuous improvement to inculcate best practices of the industry; identifying and grooming talent to be at par with best in the industry and to shoulder higher responsibilities. Demonstrating imagination, insights and boldness to present challenges that bring out the best in team and bring them together around a shared sense of purpose.SKILLS• Strategic Planning • Global Purchase • Research & Development • Project Management • Commercial Operations • Vendor Development • Cost Saving • MIS Documentation• Price Negotiation • Material Management• Export & Imports • Team Management • Risk Mitigation• Finance Management• Digital platforms• Audit & Compliance

Experience

1. Head Global Sourcing - Direct Material (Formulations)

   Dr. Reddy's Laboratories

   Jan 2008 — Present · IN

   Joined as an Assistant Manager Promoted to Dy Manager, Manager, Associator Director & Director/ Head Global Sourcing)Key Result Areas: • Overall responsibility for the sourcing of all raw materials required for projects (Launch, Commercials, AVD’s, De-risking, CIP’s & Site transfers); coordinating sourcing activities from suppliers located in other geographical regions through the use of appropriately located sourcing hub• Responsible for the effective gathering and reporting on all supplier and market intelligence activities through the effective use of reporting mechanisms such as databases.• Developing cost saving plans and targets and managing to deliver results.• Understanding the market, supply base, and internal customer needs for defined categories.• Implementing the agreed upon strategies (negotiations; RFQs, recommendation, implementation of supply agreements and contracts, etc.) to deliver bottom line performance improvement.• Identifying areas of mutual interest and parameters of negotiation and working with Global Legal to minimize legal/corporate risk, and maximize contract entitlements.• Identifying need for Supplier Relationship Management program where required to monitor elements of performance for the contracts and supply agreements - focusing on total value for the organization - in areas such as price, quality, inventory levels, and supply management, etc.• Leading Supplier Relationship Management (SRM) initiatives including overall ownership of the business relationship with key suppliers to ensure quality and cost performance which includes but is not limited to:• Working with Supplier Quality to lead the improvement of supplier quality & Compliance performance and ensure that corrective actions are implemented to maintain the required quality performance.• Understanding & mitigation of issues/risk regarding supplier audit performance, quality agreement status, and material non-conformance issues.

Education

• University of Agricultural Sciences, Dharwad

  B.Sc Forestry, Forestry

  1993 — 1997

• Sikkim Manipal University - Distance Education

  MBA

  2013 — 2014

• Indian Institute of Management Bangalore

  Import Export Management

  2014