Deepak Sridhar
Sr. Manager, Procurement
Chennai
Summary
Strategic and results-oriented Procurement Leader with 14+ years of global experience in indirect & direct sourcing, vendor negotiations, and spend optimization. Known for creating scalable procurement functions from scratch, delivering multimillion-dollar savings, and leading cross-functional initiatives. Adept in managing enterprise-wide sourcing strategy with advanced knowledge of procurement technologies such as SAP Ariba, Coupa, Oracle EBS, and Ironclad.
Overview
17
17
years of professional experience
3
3
years of post-secondary education
4
4
Languages
Work History
Sr. Manager – Procurement | Head of Indirect Vendor Management
Opendoor India
09.2022 - Current
- Built the procurement department from the ground up—covering policies, tools, and team structure.
- Managed $124M spend across Indirect (SaaS, Prof. Svs, & Marketing) and Direct (Paint, & Appliances) categories.
- Delivered $5M savings on IT spend ($54M) through competitive sourcing and vendor negotiations.
- Saved $10M in direct categories via RFx strategy and supplier bidding.
- Led QBRs and vendor governance for Tier-1 suppliers; developed internal training for sourcing effectiveness.
Sourcing Consultant – Global Supply Chain
Verizon India
05.2019 - 09.2022
- Delivered $401K in hard savings and $1.08M in cost avoidance across 34 projects.
- Managed sourcing operations for APAC & EMEA including complex RFx events and legal negotiations.
- Finalized MSAs, SOWs, and Amendments across cross-functional legal and finance stakeholders.
- Mentored sourcing team on market intelligence and vendor risk evaluation.
Procurement Operations Team Lead
Accenture
08.2014 - 05.2019
- Led 8-member team on P2P processes: spot buys, invoice reconciliation, vendor onboarding.
- Executed procurement transition for a Fortune 500 client, including hiring and operational setup.
- Reengineered procurement SLAs, reducing turnaround time by 25%.
Listings Creation Specialist – Amazon UK
Amazon
10.2011 - 10.2012
- Managed UK vendor catalog listings and optimized supplier onboarding.
HR Associate Analyst
Deloitte
01.2010 - 04.2010
- Supported full-cycle recruitment and document processing.
Customer Service & Finance Executive
HSBC
04.2008 - 11.2009
- Handled backend UK mortgage operations and finance reconciliations.
Education
Executive MBA -
Great Lakes Institute of Management
Chennai, India 11.2021 - 08.2023
MSc - Supply Chain Management
SIM
Singapore 01.2013 - 06.2014
Skills
- Strategic Sourcing
- Indirect Category Management
- Market analysis
- Spend Analysis & Cost Optimization
- Contract Negotiation
- Vendor Lifecycle Management
- Performance Management
- Resource allocation
- Talent development
- Data-driven decision making
Timeline
Sr. Manager – Procurement | Head of Indirect Vendor Management
Opendoor India
09.2022 - Current
Executive MBA -
Great Lakes Institute of Management
11.2021 - 08.2023
Sourcing Consultant – Global Supply Chain
Verizon India
05.2019 - 09.2022
Procurement Operations Team Lead
Accenture
08.2014 - 05.2019
MSc - Supply Chain Management
SIM
01.2013 - 06.2014
Listings Creation Specialist – Amazon UK
Amazon
10.2011 - 10.2012
HR Associate Analyst
Deloitte
01.2010 - 04.2010
Customer Service & Finance Executive
HSBC
04.2008 - 11.2009
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