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Amit Prasad

@amitprasad1

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Detail-oriented procurement professional with 15 years of experience.

India

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What I'm looking for

I am looking for a role that allows me to leverage my procurement expertise while fostering supplier partnerships and driving strategic sourcing initiatives.

I am a dedicated procurement professional with over 15 years of experience in sourcing, negotiating, and managing supplier relationships across various categories. My expertise lies in vendor contracts, vendor onboarding, and third-party risk assessment, which has enabled me to drive efficiency and cost-effectiveness in procurement operations.

Throughout my career, I have successfully negotiated contracts that resulted in significant cost savings, achieving a 17% reduction in pricing terms with suppliers. I am skilled in using SAP Ariba and GEP Smart for electronic invoicing and have trained vendors and new associates in these processes. My commitment to fostering strong partnerships with suppliers and managing stakeholder communications has been a key factor in my success.

Experience

Work history, roles, and key accomplishments

Current

Officer, Team Leader – Global Procurement

Current

Bank of America

Dec 2009 - Present (15 years 7 months)

As Officer, Team Leader in Global Procurement, developed and maintained strong supplier relationships, minimized contractual risks, and negotiated contracts achieving 17% cost savings. Managed PR to PO processes, facilitated electronic invoicing using SAP Ariba, and onboarded vendors in upstream and downstream environments. Also contributed to credit card fraud detection, chargeback processes, and

Contract Negotiation Supplier Management Ariba GEP Smart PR To PO Process Invoicing Stakeholder Management

Education

Degrees, certifications, and relevant coursework

H.N.B. Garhwal University

Bachelor of Arts, Economics, History and Political Science

Activities and societies: Completed yellow belt projects resulting in time savings. Completed Risk project resulting in risk mitigation. Savings through negotiation for the bank. Implemented several process improvement ideas.

Graduated with a Bachelor of Arts in Economics, History, and Political Science. Completed a 6-month diploma course in computer applications and an Advanced Certificate Program in Procurement Management.