Vijay Anand

Key Achievements
• Contributed to year-on-year team cost savings of 62%, 57%, and 61.5%, respectively, by optimizing procurement strategies.
• Implemented innovative strategies that resulted in company savings of 24.07%, 31.63%, and 24% year-on-year.
• Reduced inventory holding time in the warehouse, consolidating operations from three warehouses to one.
• Transitioned the organization from JIC (Just-in-Case) to JIT (Just-in-Time) sourcing strategies, improving efficiency.
• Developed contingency plans for critical supply chain risks, minimizing disruptions.
• Contributed to the organization’s long-term vision by aligning procurement strategies with business growth and innovation goals
• Streamlined processes to enhance enterprise-wide procurement execution, achieving significant cost savings and operational improvements.
My Roles
• Category Strategy Development:
  * Developed and implemented category strategies aligned with current and future industry            trends, focusing on optimization and innovation.
  * Incorporated data driven analytics into procurement workflows to streamline processes and      enhance decision-making.
• Stakeholder Engagement:
  * Collaborated with stakeholders, including finance, operations, and Marketing and sales                teams, to ensure procurement strategies supported project timelines and goals
  * Applied interpersonal skills to build and nurture effective relationships with suppliers and            internal teams, driving smooth project execution
  * Fostered strong relationships with suppliers, leveraging partnerships to support innovative          product development and cost efficiency.
• Supplier Selection and Evaluation:
  * Conducted supplier market research to identify potential vendors capable of meeting                    cutting-edge technology requirements.
  * Shortlisted and evaluated suppliers through RFPs, RFQs, and standardized scoring tools,            ensuring regulatory compliance and optimal value.
  * Ensured supplier compliance with legal standards and regulatory guidelines to minimize risk
• Negotiation and Cost Management:
  * Negotiated long-term contracts with a focus on strategic sourcing, securing favorable terms      for innovative and high-quality products.
  * Used analytics to benchmark supplier performance, improving contract negotiations and            ensuring compliance with legal and financial frameworks.
• Spend Analysis and Planning:
  * Conducted comprehensive spend analysis to align procurement activities with financial               objectives.
  *  Prepared cost reports to support teams with budget planning and resource allocation for             projects.

• Compliance and Risk Management:
  * Ensured compliance with procurement regulatory standards and guidelines.
  * Identified and assessed supply chain risks, developing contingency plans to mitigate                   disruptions.
  * Developed robust compliance frameworks that adhered to legal and regulatory                              requirements, mitigating procurement risks across the organization
• Process Innovation and System Optimization:
  * Contributed to the implementation of analytics-driven process automation, reducing manual      interventions and enhancing procurement timelines.
 

Manipal Academy of Higher Education , Dubai, UAE.                  

Master of Business Administration, 

Specialization in Operations Management and International Purchase Management.