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Manoj Jagannathan

@manojjagannathan

Global sourcing and procurement leader at Magickwoods who delivered over $7M in annualized savings through China+1 and dual sourcing.

India

Message

At Magickwoods, I lead global sourcing and product development across multiple categories, with P&L accountability for procurement spend exceeding $60M and a team of 10. I delivered over $7M in annualized savings through China+1 and dual-sourcing strategies, transitioning supply chains to Vietnam and India.

I also developed and launched a cabinet product platform for the North American market, and improved supplier quality performance by reducing defects by 30% while raising delivery performance to 98%. Earlier, at Larsen & Toubro – Valves Division, I delivered $1M in procurement savings and reduced the supplier base from 124 to 73 vendors.

Experience

Work history, roles, and key accomplishments

Current

Assistant General Manager – Global Sourcing & Product Development

Current

Magickwoods

Apr 2022 - Present (4 years 6 months)

Lead a team of 10 procurement professionals with P&L accountability for global spend exceeding $60M. Generated over $7M in annualized savings through China+1 and dual-sourcing strategies, and launched a new cabinet product platform for North America.

Strategic Sourcing Procurement P&L management China+1 Dual Sourcing Supplier Development Product Development Should Cost Modeling Value Engineering P2P Supplier Risk Management ESG Inventory Optimization

Senior Manager – Purchase

Larsen & Toubro – Valves Division

Aug 2019 - Apr 2022 (2 years 8 months)

Managed annual procurement spend of $25M and delivered $1M in savings through strategic sourcing and supplier rationalization. Reduced supplier base from 124 to 73 vendors and improved working capital.

Strategic Sourcing Supplier Rationalization Localization Negotiation Inventory Management Working Capital Optimization Supplier Development Long Term Agreements

Senior Manager – Purchase

Magickwoods Exports Pvt. Ltd.

May 2016 - Aug 2019 (3 years 3 months)

Managed annual procurement spend of $40M across direct materials, indirect procurement, CAPEX, and global merchandise sourcing. Led procurement operations across Asia and drove cost optimization and process improvements.

Procurement Direct Materials Indirect Procurement CAPEX And OPEX Sourcing Global Sourcing Supplier Negotiation Contract Administration Inventory Planning

Area Purchasing Manager – SAARC & MENA

DORMAKABA

Feb 2013 - Apr 2016 (3 years 2 months)

Led regional procurement strategy and supplier relationship management across SAARC and Middle East markets. Managed sourcing, contract negotiations, and procurement governance for door hardware and access control solutions.

Regional Procurement Supplier Relationship Management Sourcing Contract Negotiation Supplier Development Procurement Governance

Manager – Supply Chain

CST VALINOX LTD.

May 2010 - Jan 2013 (2 years 8 months)

Managed end-to-end supply chain operations including procurement, inventory management, logistics coordination, supplier performance, and production planning.

Supply Chain Management Procurement Inventory Management Logistics Supplier Performance Production Planning