Lalitha Penmuch

Background

About Lalitha Penmuch

An experienced Procurement professional with skills in adopting various sourcing techniques, to procure OEM Server maintenance, OEM peripheral purchases, network maintenance, Marcom requirement which includes promotional merchandise, hardcopy books, magazines, subscriptions, print, copy, fax supply, Facilities, Cafeteria requirements, office supplies, technical site services (Maintenance of Data Centres) annually, with proven ability in negotiating competitive price thus reducing the Total Cost of Ownership for the Organization, with high focus on Quality, and prompt delivery schedules. Experience in drafting agreements as per the procurement policies with appropriate clause to avert risks and exposures and negotiate them with the Suppliers with minimal acceptable changes. Interacts well with all the groups of the Supply Chain, and Stake holders to ensure Procurement Goals are met, and has the ability to see the “big picture” while staying abreast of Business details and tight deadlines. Experienced in Vendor Management, Vendor, Performance Evaluation,RFP, RFI, Ariba,contract management. Recognized for consistent performance. Also, an excellent communicator, a good Team Player and Contributor, with Strong Interpersonal Skills and a keen learner. Contract Management • Negotiates legal contracts (NDAs, Master Agreements, SOWs, amendments) under deadlines with multiple suppliers simultaneously, while maintaining strategic internal and external relationships. Collaborates with various internal stakeholders to review contract redlines including Legal, Risk, and supplier relationship owners • Works with business partners to develop and negotiate SOWs, including business and commercial requirements • Responsible for all relevant document execution including Legal agreements, and verifying supplier certifications including insurance & ISO documents • Partners with Legal on contract lifecycle management Procurement Operation & Execution • Guides business stakeholders through Procure to Pay process • Initiates and tracks supplier on-boarding where applicable in Source to Pay systems • Implement and execute supplier management process covering performance, risk, and compliance management • Supports selection of new suppliers via conducting RFx • Serves as an internal customer advocate to address operational issues and provide procurement support across categories, with sense of urgency • Provides weekly project status updates to manager & program management team