Virendra Kumar

Senior Strategic Sourcing Specialist | Global Sourcing, Procurement Analytics, Supply Chain Strategy @ Honeywell

About

Procurement and supply chain leader with over 9 years of experience in strategic sourcing, supplier management, cost optimization, SAP MM, and process excellence. Managed procurement spend of $130M, delivering up to double digit cost savings % for global operations. Led cross-functional teams of 20+ members, focusing on contract management, risk mitigation, and supplier negotiations, contributing to a 30% reduction in supplier-related risks Using tools like SAP, Power BI, and Tableau, I analyze data to create supplier KPI dashboards and reports that improve decision-making and cut costs. I have driven procurement improvements across regions like India, ROA, and META, boosting supply chain resilience by 20%. I apply Lean Six Sigma methods to make sourcing and procurement more efficient, with a focus on vendor negotiations and building strong supplier relationships. Outside of work, I lead Corporate Social Responsibility initiatives that support economically weaker communities. Feel free to connect with me at virendrasm009@gmail.com! Competencies: SAP Ariba, SAP MM, Ivalua, Power BI, Tableau, Celonis, Snowflake, Strategic Sourcing, Supplier Negotiation, Contract Negotiation, Forecasting, Material Requirements Planning (MRP), Spend Analysis, Vendor Management, Cross-functional Team Leadership, Lean Six Sigma, Supply Chain Management, Global Sourcing, Procurement Analytics.

Country

India

City

Gurugram

Industry

Electrical & Electronic Manufacturing

Skill

Supplier Management, Stock Replenishment, Communication, Purchasing, SAP ERP, Customer Service, Coupa, Due Diligence, Drive Change, Responsible Sourcing, Critical Thinking, Business Case Development, Management, Performance Improvement, Intellectual, Design Drawings, Statistical Tools, Commodities, Commercial Awareness, S&OP implementation

Experience

Senior Strategic Sourcing Specialist | Global Sourcing, Procurement Analytics, Supply Chain Strategy

Honeywell

2022-8 - Present · 4 yrs 2 mos

Gurugram, Haryana, India

-Conducted comprehensive spend analysis and developed supplier strategies for 450+ suppliers, leveraging market insights and negotiation tactics, resulting in a 12% improvement in material productivity. -Ensured compliance with sourcing guidelines across India, ROA, and META regions, improving delivery timelines by 18%, optimizing VMI practices, and enhancing payment terms. -Directed supplier strategies, including dual sourcing and consolidation, reducing the supplier base by 30% and securing favorable contract terms. -Implemented the PFEP approach within the PSL (Grow, Maintain, Exit) strategy, improving supplier risk management and reducing lead times by 15%. -Led Business Alignment Events, identifying cost-saving opportunities and achieving $2M in annual savings. -Established a continuous improvement program that increased operational efficiency by 40% and reduced manual processing time by 30 hours/month. -Leveraged Power BI and Tableau to design interactive dashboards, transforming data into actionable insights that enhanced decision-making and improved operational efficiency by 15%

Senior Procurement Specialist | Supply Chain & Supplier Relationships Management, Cost Optimization

Honeywell

2019-4 - 2022-8 · 3 yrs 5 mos

Gurgaon, Haryana, India

-Developed RFQs and leveraged E-Tools to award new business and negotiate raw materials, components, and tooling, achieving a 12% reduction in procurement costs. -Conceptualized and implemented a systematic approach for calculating and documenting costs of sheet metals, resins, plastics, and electronic components, improving cost visibility and reducing material costs by 15%. -Led vendor selection, audits, and performance reviews with a focus on financial analysis and supplier compliance, strengthening supplier relationship management and ensuring adherence to procurement policies

Procurement Specialist | Raw Material Procurement, Competitive Analysis and Vendor Optimization

Honeywell

2016-10 - 2019-4 · 2 yrs 7 mos

India

-Expert in raw material planning and scheduling, ensuring efficient purchase orders for direct materials -Developed alternate vendors and localized purchases, optimizing costs and enhancing operational efficiency -Analyzed operational workflows and identified bottlenecks within SAP ERP; implemented process improvements that eliminated redundant tasks, resulting in a time savings of 20 hours per month for the team.

Production Planning & Control Engineer | Scheduling and Workflow Efficiency, SAP Process Owner

Honeywell

2015-8 - 2016-9 · 1 yr 2 mos

Dehradun

•Streamlined end-to-end production workflows by implementing a new scheduling system that enhanced resource allocation and minimized idle time, contributing to a 20% increase in throughput within the first quarter •Led Lead Time and Inventory Reduction Projects, improving site performance and inventory management, serving as the Process Owner for SAP and driving process optimization and efficiency