+91- 9082099040 / +91

SHAKTI KUMAR 9650228294

Strategic Sourcing professional acknowledged for strengthening kr.shakti86@gmail.com

companies to lead in highly competitive situations, targeting
Mumbai
assignments in Sourcing & Procurement and Contract Management
with an organization of high repute

PROFILE SUMMARY CORE COMPETENCIES

− Achievement-driven professional with rich & qualitative experience of 9+ Strategic Sourcing Contract Management
years; experience in managing a team of sourcing and contracts
management experts for global clients People Management Stakeholder Management
− Developed the overarching sourcing strategy with focus on procurement
simplification into a value creation group in collaboration with Vendor Management Escalation Management
stakeholders, cross-functional partners (category owner, risk team and
legal team) & strategic supplier to generate year-over-year productivity Process Improvement Tail Spend
− Perceptive Leader & Innovation Specialist: Managed the team and client Management
by proactively assessing the situation and encouraged the team to identify Management Reporting
process improvement opportunities
− Ensured the procurement through strategic sourcing process by (e-RFI & SOFT SKILLS
RFQ), RFP package preparation, reverse auctions, followed by bid Communicator
solicitation & recommendation to the stekholders resulting in cost savings
− Generating and maintaining various management reports for review and Problem-solver
decision making; Expertise in managing complex escalations, conducting
Analytical
root cause analysis
− Respect and Leverage Human Capital: Motivated, mentored and led Relationship Builder
talented professionals; expertise in building and motivating large teams
that well exceed corporate expectations People Leader
− Effective in high-profile executive roles: Overcome complex business
challenges and make high-stake decisions using experience-backed
judgment, strong workethic and irreproachable integrity
EXPERTISE

EDUCATION − Category Expertise: IT (Hardware and

Software), Marketing and Professional
− Post Graduate Diploma in Management (Marketing & Finance) from Services
Institute of Integrated Learning in Management Studies (IILM), Gr. Noida − Industry Expertise: IT, Healthcare, Telecom,
in 2010 Media and Advertising
− Bachelor of Engineering (Electrical) from Sam Higginbottom University of
Agriculture, Science and Technology, Allahabad in 2007

CAREER TIMELINE

May’10- Nov’11 Oct’12 – Apr’15 Apr’15 – Aug’16 Aug’16– Mar’18 Apr’18 – May'20 Jun’20 – Feb’21
Executive Sales, Process Process Specialist, Senior Analyst, Sourcing Lead, Contract Operations
Zep Infratech Developer, Infosys Denali a WNS GEP Worldwide, Manager,
Ltd. Genpact Company Mumbai Bytedance India,
Mumbai

WORK EXPERIENCE
Jun’20 – Feb’21 with Bytedance India, Mumbai as Contract Operations Manager
Role:
− Engaged in regular, professional contact with contracting parties to ensure understanding of all parties and to make certain that
progress continues towards full resolution of unresolved issues
− Kept Budgets & Contracts Management Team informed of contract issues, breakdown of negotiations, and contract timing;
escalated matters that require higher-level involvement
− Managed continuous improvement activities that led to greater efficiency, timely contract execution, higher quality and
implementing ideas that are likely to have a favorable impact
 − Administered the new West Zone Contract Operations team of Bytedance within the Monetization team
− Imparted training to new hires/sales team on the contract operations process specific to Media and Advertising industry
− Interfaced with the Legal Team on twice weekly basis to discuss any bottleneck while executing contracts
− Collaborated with the Sales Team to resolve client queries during contract negotiation process
− Prepared SOP for the Sales Teams as per the guidelines set forth by the legal team; maintained team tracker and presented to the
leadership on weekly basis
− Delivered ad-hoc support to the overseas team for executing contracts

Apr’18 - May'20 with GEP Worldwide, Mumbai as Sourcing Lead

Role:
− Administered 18 members team of sourcing and contract experts to identify opportunities which qualify for a competitive bidding
and/or contract negotiation
− Prepared a reporting structure containing all necessary information and discussed with the client on weekly basis
− Managed escalations arising due to delay/error committed on any project by the team members and prepared Root Cause Analysis
and discussed with the stakeholders with corrective action plan
− Prepared:
o Audit plan and audited teams work on regular basis to ensure error free and process compliant service delivery
o SOP versions regularly as per the guidelines set forth by the client
o Training plans for new hires and trained them on sourcing and contracting projects on ARIBA, SMART and other platforms
− Shared regular constructive feedbacks to the team members in 1:1 meeting and encouraged them to raise the bar by their
consistent performance
− Discussed performance bottlenecks on any of the projects during weekly calls with Project Manager and category owners
− Supported the recruitment team during the hiring process, shortlisted resumes and interviewed candidates for sourcing and
contracting job opportunities
− Worked closely with category owners to discuss and update the category strategy/preferred suppliers on the category card

Aug’16 – Mar’18 with Denali - WNS Company, Pune as Senior Analyst

Role:
− Worked upon all complexity level sourcing and contracting projects across major product categories and contract types
− Analysing suppliers using different sources such as supplier database, historic purchases and client suggested suppliers who can
support in that category
− Delivering project plan and milestones to the client along with pricing sheet/ scope document, timelines, and list of suppliers for
approval
− Contributing towards RFP package/ project launch details to the qualified suppliers
− Marking savings once the recommendation is approved in tracker and checking for any contracting/ legal requirement as per legal
compliance matrix
− Checking with supplier for legal & commercial terms compliance as per standard guidelines & playbook if MSA/SOW is required
− Shared executed copy with both parties & informed the stakeholder to initiate PR-PO process as soon as the contracts were signed

Apr’15 – Aug’16 with Infosys, Pune as Process Specialist

Spearheaded gamut of operations entailing tail spend management with lower spend and complexity level sourcing and contracting
projects
Oct’12 – Apr’15 with Genpact, Gurugram as Process Developer
Contributed as a buyer with lower complexity buying projects and reporting & documentation project for major player of Oil and gas
Industry in US.
May’10 – Nov’11 with Zep Infratech Ltd., Noida as Executive Sales
Successfully established cold storages through channel sales across India

PERSONAL DETAILS
Date of Birth: 10th January 1986
Languages Known: English and Hindi
Address: Flat No. – 1004, Building- B2, Rosa Gardenia, Kasarvadawali, Thane (W)