Summary
Overview
Work History
Education
Skills
Accomplishments
Certification
Languages
Projects
Timeline
Generic

Ketan Patil

Hartford

Summary

Global Strategic Sourcing Specialist with four years of experience, proficient in coordinating procurement efforts. Committed to achieving cost savings and nurturing supplier relationships to bolster pre-procurement strategies and the negotiation of supply agreements. Collaborate closely with internal teams and supply chain stakeholders to align with overarching business goals.

Overview

3
3
years of professional experience
1
1
Certification

Work History

Senior Strategic Sourcing Consultant

GEP Worldwide
01.2021 - 09.2022
  • Led end-to-end sourcing operations for prominent clients across IT, Marketing, and Professional Services categories, achieving 15% average cost savings and 20% improvement in operational efficiency through strategic utilization of RFI, RFP, and RFQ processes. Personally ensured that all sourcing activities were aligned with client objectives, resulting in streamlined procurement processes and improved vendor performance.
  • Acted as category manager for IT, Marketing, and Professional Services, overseeing all sourcing activities and ensuring alignment with client objectives and industry best practices. Proactively identified opportunities for process improvement and cost reduction, leading to enhanced client satisfaction and increased project success rates.
  • Spearheaded negotiations with vendors at senior level, securing favorable terms and pricing agreements, resulting in over $1 million in cost savings and strengthened vendor relationships, leading to 25% increase in repeat business. Employed strong negotiation skills and industry knowledge to exceed client expectations and deliver significant value.
  • Extended support to clients by serving as team lead for GEP Worldwide, overseeing projects such as Opportunity Assessments, Supplier Rationalizations, and Supplier Consolidation, providing clients with extra edge in managing their supplier repository and realizing increased savings year-over-year. Demonstrated leadership and project management abilities to ensure successful execution of complex initiatives and drive measurable results for clients.
  • Supported Supplier Management initiatives at client end, collaborating closely with stakeholders to optimize supplier relationships and drive performance improvements. Acted as trusted advisor to clients, offering strategic guidance and innovative solutions to address their evolving needs and challenges.

Junior Strategic Sourcing Consultant

GEP Worldwide
08.2019 - 12.2020
  • Provided integral support for end-to-end sourcing operations for diverse clients, contributing to 10% average cost savings and 15% improvement in operational efficiency through effective utilization of RFI, RFP, and RFQ processes. Consistently exceeded performance targets and client expectations by delivering high-quality work and innovative solutions.
  • Assisted senior consultants in negotiations with vendors, facilitating attainment of favorable terms and pricing agreements, resulting in $500,000 in cost savings and enhanced vendor relationships, leading to 20% increase in client retention. Played key role in driving client satisfaction and loyalty through personalized service and proactive problem-solving.
  • Actively contributed to Supplier Management initiatives, collaborating with stakeholders to optimize supplier relationships and drive performance improvements. Demonstrated strong commitment to client success by continuously seeking ways to add value and improve processes.
  • Played key role in bridging communication between clients and GEP workforce, ensuring smooth project execution and client satisfaction. Acted as reliable and responsive point of contact for clients, addressing their concerns promptly and effectively to maintain positive relationships and achieve project objectives.

Education

Master of Science - International Business And Strategic Managment

The University of York
York, United Kingdom
02.2024

MBA - Marketing Management And Strategic Marketing

University of Mumbai
Mumbai
04.2019

Bachelor of Science - Information Technology Project Management

University of Mumbai
Mumbai
04.2017

Skills

  • Supply Chain Optimization
  • Financial Acumen
  • Supplier Relationship Management
  • Demand forecasting
  • Negotiation expertise
  • Strategic Business Relationships
  • ERP Software
  • Team Leadership
  • Global Sourcing Strategies
  • MS Office
  • Process Improvement
  • Contracts Management

Accomplishments

  • Achiever Award for Q4 2020- Exceeded performance expectations and drove strategic initiatives
  • Catalyst Award for Q2 2021- Led transformative initiatives and inspired change
  • Client Recognition - Received multiple awards for excellent relationship management
  • Successfully delivered strategic sourcing initiatives resulting in cumulative cost savings of over £3 million across various projects.
  • Supervised team of 6 staff members.

Certification

  • Working towards CIPS - Chartered Institute of Procurement and Supply Chain
  • Negotiation Mastery from Harvard Business School via EDx Learning
  • Level 5 Diploma - Investment Banking from London School of Business

Languages

English
Proficient
C2
French
Beginner
A1
Marathi
Proficient
C2
Hindi
Proficient
C2

Projects

1. Negotiated 12% Cost Saving with LinkedIn Talent Solutions

  • Led negotiations with LinkedIn Talent Solutions, resulting in a 12% cost saving (£750,000 over 3 years) for the bank.
  • Facilitated access to premium talent pools and streamlined recruitment processes, enhancing the bank's talent acquisition strategy and improving hiring outcomes.
  • Personal contribution ensured seamless execution and exceeded client expectations, leading to strengthened vendor relationships and increased sourcing efficiency.

2. Strategic Partnership Development with British Telecom

  • Developed a strategic partnership with British Telecom, optimizing telecom services and generating £500,000 in annual savings for the bank.
  • Collaborated closely with stakeholders to identify cost-saving opportunities and negotiate favorable terms and pricing agreements.
  • Personal leadership and expertise contributed to successful partnership formation, enhancing service quality and reducing operational expenses for the bank.

3. Implementation of Fraud Detection System (KAPPA) with Unisys

  • Implemented the KAPPA fraud detection system with Unisys, preventing £1.2 million in losses annually and enhancing risk management capabilities.
  • Played a key role in project planning, execution, and stakeholder management to ensure successful implementation and integration with existing systems.
  • Personal initiative and attention to detail ensured the effectiveness and reliability of the fraud detection system, safeguarding the bank's assets and reputation.

4. Procurement of Red Hat Licenses for IT Infrastructure Enhancement

  • Procured Red Hat licenses, enhancing IT infrastructure and reducing annual licensing costs by £300,000 for the bank.
  • Led vendor negotiations and contract management processes to secure favorable terms and pricing agreements.
  • Personal oversight and strategic decision-making contributed to the successful implementation of Red Hat solutions, improving system reliability and performance.

5. Procurement of XEIP Licenses from NTT Data for Enterprise Information Management

  • Procured XEIP licenses from NTT Data, enabling the bank to streamline enterprise information management processes and improve data governance.
  • Collaborated with NTT Data to customize solutions according to the bank's specific requirements and objectives.
  • Personal involvement in vendor selection and solution design ensured alignment with business needs and maximized the value of the investment.

6. Reprocurement of Bitbucket Licenses with Automation Consultant for Software Development Optimization

  • Reprocured Bitbucket licenses with Automation Consultant, optimizing the bank's software development processes and enhancing collaboration among development teams.
  • Led the evaluation of alternative solutions and conducted cost-benefit analyses to inform procurement decisions.
  • Personal leadership and technical expertise contributed to the successful adoption and integration of Bitbucket licenses, improving version control and workflow efficiency.

7. Implementation of Data Cloud and Robotic Process Automation (RPA) Solutions with Cognizant

  • Implemented data cloud and RPA solutions with Cognizant, enhancing the bank's data management capabilities and operational efficiency.
  • Worked closely with Cognizant to design and deploy customized solutions to automate repetitive tasks and streamline data processes.
  • Personal involvement in solution architecture and testing ensured seamless integration and performance optimization, resulting in significant time and cost savings for the bank.

8. Procurement of EIKON Licenses with Data Stream from Thomson Reuters for Real-Time Financial Market Data

  • Procured EIKON licenses with data stream for offices from Thomson Reuters, enhancing the bank's access to real-time financial market data and analysis.
  • Collaborated with Thomson Reuters to negotiate favorable licensing terms and customize data feeds according to the bank's requirements.
  • Personal oversight and project management ensured timely implementation and user training, empowering bank employees with valuable insights for informed decision-making.

9. Collaboration with Infosys to Implement Asset Management Services

  • Collaborated with Infosys to implement asset management services, including Financial Crime Platform Services and IT Operations Management Services.
  • Played a key role in project planning, execution, and stakeholder engagement to ensure successful service deployment and adoption.
  • Personal leadership and domain expertise contributed to improved operational efficiency and regulatory compliance, resulting in approximately £600,000 in operational cost savings for the bank.

Timeline

Senior Strategic Sourcing Consultant

GEP Worldwide
01.2021 - 09.2022

Junior Strategic Sourcing Consultant

GEP Worldwide
08.2019 - 12.2020

Master of Science - International Business And Strategic Managment

The University of York

MBA - Marketing Management And Strategic Marketing

University of Mumbai

Bachelor of Science - Information Technology Project Management

University of Mumbai
  • Working towards CIPS - Chartered Institute of Procurement and Supply Chain
  • Negotiation Mastery from Harvard Business School via EDx Learning
  • Level 5 Diploma - Investment Banking from London School of Business
Ketan Patil