Suggestions
Rucha Rai
Mother - Storyteller - Voice Actor - Procurement Specialist - Freelancer
Professional Background
Rucha Rai is a highly skilled procurement specialist with a robust background in managing procurement processes, strategic sourcing, and vendor management for several leading multinational corporations. With over six years of invaluable hands-on experience, Rucha has adeptly handled critical procurement stages, including 'Source to Contract' and 'Procure to Pay'. This expertise has enabled her to manage an impressive annual spend of more than INR 2000 million effectively. Her proficiency in spend analysis and management has been a significant contributor to cost delivery goals across various organizations.
Throughout her career, Rucha has developed a reputation for excellence in supplier relations. She brings to the table a wealth of experience in evaluating and developing new suppliers, negotiating contracts, and analyzing purchase requisitions. Her ability to justify prices enhances her strategic sourcing initiatives and ensures that her organizations benefit from optimal purchasing decisions. Considered a leader in her field, Rucha has successfully developed and implemented various sourcing strategies that align with the broader objectives of her employers.
Career Highlights
Rucha's career has been marked by significant milestones that showcase her diverse skill set. Early on, she made a substantial impact at Mahindra & Mahindra Ltd as an Assistant Manager, where her keen analytical skills and negotiation capabilities contributed to the procurement team’s success. Transitioning to a role as Assistant Manager of Direct Procurement at BASF, she further honed her skills in vendor management and cost analysis, enabling the organization to streamline its procurement processes and achieve significant savings.
Rucha also gained valuable insights into the dynamic e-commerce landscape while serving as an Autumn Intern at Flipkart.com. This experience allowed her to understand the intersection between technology and procurement, making her an asset in environments that demand innovative procurement solutions. Additionally, her involvement with the Self Employed Women's Association (SEWA) during her summer internship underscored her commitment to supporting local communities while demonstrating her capacity to manage procurement with a social conscience.
Education and Achievements
Rucha's strong academic background is a key component of her professional success. She holds a Master of Business Administration (MBA) in Operations Management from the prestigious S P Jain Institute of Management & Research, where she cultivated a deep understanding of business operations, financial management, and strategic decision-making, equipping her with the skills necessary to excel in the complex field of procurement. Her foundational knowledge in business comes from her Bachelor of Technology (B. Tech) in Paint Technology at the Institute of Chemical Technology, which laid the groundwork for her analytical capacity and tech-savviness in procurement processes.
Freelancing and Future Endeavors
After taking a career break to focus on childcare, Rucha has continued to stay engaged in her field through freelance work, leveraging her skills in strategic sourcing and vendor relationship management. This phase has allowed her to remain connected to the evolving landscape of procurement. The flexibility of freelancing has enabled her to apply her extensive expertise while also addressing her family commitments, showcasing her versatility as a professional.
Rucha is now poised to return to full-time work, excited to bring her wealth of experience, industry knowledge, and innovative ideas back into a team-oriented environment. Whether it’s developing ingenious sourcing strategies or fostering positive supplier relations, Rucha Rai is fully prepared to make a significant impact in her next professional adventure.
Achievements
- Over six years of experience in strategic sourcing and procurement.
- Successfully managed annual spend of more than INR 2000 mn.
- Demonstrated expertise in vendor management, contract negotiation, and spend analysis.
- Developed strong relationships with suppliers and internal stakeholders across various regions.
- Proven record in implementing effective sourcing strategies that drive cost savings and efficiency.
Tags
procurement specialist
strategic sourcing
vendor management
spend analysis
cost delivery
supplier relations
MBA Operations Management
paint technology
freelancer
strategic buyer
BASF
Mahindra & Mahindra
Flipkart intern