Summary
Overview
Work History
Education
Skills
Timeline
Generic
Kripa Dave

Kripa Dave

Procurement Manager
Mumbai

Summary

Savings-driven Procurement Professional with 8+ years of experience, specialized in Vendor Performance & Management, Logistics Coordination, Contract Management and Negotiation. Experienced in developing and implementing Procurement Strategies, processes and controls that significantly improve efficient outcomes. Expert in establishing procurement functions, systems, cost-reduction strategies, automation and lasting business relationships to ensure achievement of goals.

Overview

9
9
years of professional experience

Work History

Procurement Manager

Mahindra & Mahindra Financial Services Limited
11.2024 - Current
  • Proven expertise in leading supplier negotiations to secure favorable pricing, terms, and quality outcomes.
  • Skilled in developing negotiation strategies that deliver cost savings while maintaining high service standards.
  • Strong background in vendor selection, relationship management, and performance evaluation.
  • Proficient in asset procurement, inventory control, and lifecycle management to maximize utilization and long-term value.
  • Led procurement operations with an annual spend of ₹12 Cr, focusing on asset procurement, vendor management, and contract governance.
  • Adept at leveraging data-driven insights to develop cost-optimized, scalable procurement strategies.
  • Demonstrated ability to manage supplier relationships, enforce SLAs, and enhance asset lifecycle processes to drive overall efficiency and value.
  • Ensured procurement activities aligned with the organization's sustainability goals and environmental standards, promoting responsible sourcing practices.

Procurement Manager

ICICI Home Finance Co. Ltd
08.2024 - 11.2024
  • Experience in managing the entire Procure to Pay (P2P) Life Cycle.
  • Enhanced the software landscape to better align with organizational needs and requirements.
  • Developed and projected a strategic roadmap for proposed product changes.
  • Conducted testing and facilitated the release of Change Request (CR) projects on development and production servers.
  • Collected and analyzed end-user feedback to optimize team operations and improve processes.
  • Managed vendor relationships and promoted effective use of deployed software tools among the administrative team.

Procurement Deputy Manager

HDFC ERGO General Insurance Co. Ltd
07.2022 - 05.2024
  • Leading procurement operations at company level to handle spend of INR 80 Cr. across different departments with data-driven insights that offer alternatives that are cost neutral to drive scalable execution.
  • Achieved cost savings of approx. 12% through Negotiating deals across a broad portfolio in different categories.
  • Structure multi-year/long term strategic relationships with vendors, identify and mitigate risk in strategic relationships.
  • Working cross organization, build and own the roadmap that ensures optimal use of resources.
  • Manage the relationships with all operational vendors, including day to day interaction, quality and cost effectiveness.
  • Act as liaison with other areas including internal audit to facilitate responses to internal or external audits, internal risk management to ensure assessments are completed as it relates to all vendors.
  • Maintained Daily, Weekly & Monthly Project Report for the procurement team.

Procurement Executive

Bharti AXA Life Insurance Company
09.2018 - 06.2022
  • Managed end-to-end Procure-to-Pay (P2P) lifecycle to ensure smooth procurement operations.
  • Developed an Escalation Matrix to quickly resolve procurement issues.
  • Selected and managed vendors, ensuring compliance with company standards.
  • Conducted spend analysis to identify cost-saving and process improvement opportunities.
  • Prepared weekly MIS reports to monitor procurement activities.
  • Trained vendors on the company's Ariba procurement platform.
  • Managed the RFP process to solicit and evaluate vendor bids.
  • Ensured legal compliance through timely Purchase Order acknowledgments.
  • Evaluated supplier performance to drive improvements.
  • Led negotiations to secure favorable terms for internal projects.
  • Managed Work Allocation, Team Meetings and tracked procurement opportunities and savings.
  • Ensured procurement activities aligned with organizational goals for maximum efficiency.

Junior Account Executive

Maharashtra Industrial Development Corporation
01.2017 - 04.2018
  • Supported MIDC users in the implementation of ERP Microsoft Dynamics AX.
  • Possess functional knowledge of ERP Accounts modules including Accounts Receivable, Accounts Payable, Bank, and Inventory Management.
  • Managed daily accounting transactions such as Payment Vouchers, Receipt Vouchers, and Invoice Booking.
  • Reconciled monthly ERP Cash & Bank Balances with MIDC's Oracle accounting system.
  • Assisted MIDC users in entering GST-related transactions accurately.

Education

Post Graduation Diploma in Supply Chain Management -

Welingkar Institute Of Management
Mumbai, India
04.2001 -

Master of Commerce in Finance & Accounting -

Mumbai University
Mumbai, India
04.2001 -

Bachelor of Commerce -

Dalmia College
Mumbai, India
04.2001 -

Skills

    Supplier Management

    Negotiations

    Strategic Planning & Sourcing

    Project Management

    Spend Analysis

    Continuous Process Improvement

    Stakeholder Management

Timeline

Procurement Manager

Mahindra & Mahindra Financial Services Limited
11.2024 - Current

Procurement Manager

ICICI Home Finance Co. Ltd
08.2024 - 11.2024

Procurement Deputy Manager

HDFC ERGO General Insurance Co. Ltd
07.2022 - 05.2024

Procurement Executive

Bharti AXA Life Insurance Company
09.2018 - 06.2022

Junior Account Executive

Maharashtra Industrial Development Corporation
01.2017 - 04.2018

Post Graduation Diploma in Supply Chain Management -

Welingkar Institute Of Management
04.2001 -

Master of Commerce in Finance & Accounting -

Mumbai University
04.2001 -

Bachelor of Commerce -

Dalmia College
04.2001 -
Kripa DaveProcurement Manager