Vikas Srivastava

About Vikas Srivastava

Transforming Procurement into a Strategic Growth Engine with a focus on Sustainability and ESG.With 17+ years of experience in Capex and Opex procurement, I specialize in orchestrating large-scale sourcing strategies, cost optimization, and operational transformation for global organizations. My leadership spans multi-billion-dollar procurement budgets, delivering sustainable value through innovation, technology, and stakeholder collaboration.What I bring to the table:•Capex Leadership: Led procurement for Greenfield and Brownfield projects (Blast Furnace, Steel Melt Shop, Rolling Mills, Coke Oven, Pellet Plant) with budgets exceeding USD 2.5Bn, driving vendor development, EPC contract structuring, and risk mitigation strategies.•Opex Leadership: Spearheaded procurement strategies for raw materials (Base Metals, Ferro Alloys, Mill Rolls, Consumables) and high-value service contracts (Oxygen Plants, Slag Handling, BOO/BOOT models), achieving savings of USD 15M+ through strategic negotiations, VMI models, and digital procurement platforms - while embedding responsible sourcing practices aligned with ESG goals.•Transformation & Innovation: Implemented Ariba e-procurement, digitized processes, and introduced disruptive sourcing approaches in VUCA environments.•Global Perspective: Expertise in trade flow mapping, benchmarking, and leveraging bilateral trade agreements for cost advantage, while promoting ethical sourcing and supplier diversity.•Recognized with ELSC Leadership Award for best-in-class productivity improvement and honored as a Cyber Security Champion, I thrive on challenging the status quo, building high-performing teams, and delivering measurable impact.Passionate about leveraging people, process, and technology to strengthen competitive positioning and create long-term value.Let’s connect if you’re looking to transform procurement into a strategic lever for growth, profitability, and sustainability.

Experience

1. General Manager - Project Procurement Head

   JSW Steel

   Apr 2023 — Present · Mumbai, IN

   Leading enterprise-wide procurement strategy for large-scale projects, ensuring alignment with organizational goals and delivering measurable value.Directing cross-functional teams to achieve operational excellence, fostering collaboration between engineering, finance, and operations.Implementing process transformation initiatives, leveraging technology and analytics to enhance efficiency and transparency.Negotiating high-value contracts and partnerships, driving cost optimization and long-term supplier relationships.Championing risk management and governance frameworks, ensuring compliance and business continuity in dynamic market conditions.Mentoring and developing high-performing teams, promoting a culture of accountability, innovation, and continuous improvement.Representing the organization in strategic forums, influencing industry best practices and policy advocacy.

Education

• Indian Institute of Management Ahmedabad

  Executive, Strategic Leadership

• SVKM's Narsee Monjee Institute of Management Studies (NMIMS)

  Executive MBA

  2007 — 2009

• Doctor Babasaheb Ambedkar Marathwada University

  Bachelor of Engineering (BE), Mechanical Engineering

  1997 — 2001

Skills

• Supply Chain Management
• Vendor Management
• Project Planning
• Management
• Strategic Planning
• Commissioning
• Product Development
• Project Management
• Team Management
• Procurement
• Project Engineering
• Negotiation