PS

Prashant Sanghal

Strategic Sourcing & Contract Lead

Calgary, Canada

Work Experience

  • Strategic Sourcing & Contract LeadFull Time

    BC Hydro

    Feb 2016 - May 2016 -3 months

    Canada , Burnaby

    • Job Details:Joined BC electric utility to lead special project evaluating efficiencies of aviation costs for remote grid maintenance. Strategic Sourcing & Contract Lead - Field Support Services (2/2016 – 5/2016) Ensured effective sourcing of aviation services by leading source plan formation and RFP award. Analyzed existing contracts to evaluate total and hourly costs for chartered helicopter/fixed-wing aircraft. Assessed contract gaps and opportunities for improved cost containment. Made recommendations for contract revisions among top-five aviation service suppliers, and developed revised negotiation strategies. Key Achievements:  Selected to serve as Project Lead for traffic control services and vendor issue management for Vancouver Island and Lower Mainland areas following vendor escalations; with one-fifth of total project responsibility, developed charter with RACI and roles description to identify, track, resolve, and report progress.  Proposed means of securing 35% spend cut through utilization of drone and single/twin engine aircraft throughout regional districts.  Delivered new RFP checklist offering improved tracking of bidding files in support of future sourcing.
  • Sr. Specialist Strategic SourcingFull Time

    Suncor Energy Inc

    Mar 2014 - Feb 2015 -11 months

    Canada , Calgary

    • Job Details:Promoted through positions of increase scope and responsibility within Alberta-based integrated energy company. Sr. Specialist, Strategic Sourcing - Refinery (3/2014 – 2/2015) Engaged sourcing expertise while overseeing contract plan for $100M Denver refinery project. At operational level, executed category strategy and validated requirements for personnel, engineering services, and equipment rentals. Partnered with legal teams to ensure optimal contract language; led negotiations, advocating for business interests while minimizing operational risks. Enforced adherence to defined schedule and compliance with spend authority and dollar commitments. Presented bi-weekly updates on status of contracts to maintain proactive approach to fund sourcing and term renewal. Key Achievements:  Determined variances in contractor base rates, profits, taxes, and overhead across projects using staffing compensation model; utilized findings to steer negotiations, bringing cost burden in line with construction benchmarks and capping labor escalations to realize 16% savings.  Identified need for conversion of crane rental compensation structure from lump sum to unit rate, improving internal ability to budget operator hours and meet schedule demands, yielding 5% expense rebate.  Excelled while overseeing $20M engineering design bid for fractionator tower replacement with a focus on minimizing construction, installation, and clean-up costs by identifying best option for compatible tower design.  Solicited proposals for engineering revalidation of refinery relief systems across multiple plants to effectively address corrective measures and enhance safety compliance.
  • Procurement SpecialistFull Time

    Suncor Energy Inc

    Jun 2007 - Mar 2014 -6 yrs, 9 months

    Canada , Calgary

    • Job Details:Procurement Specialist - Oilsands (6/2007 – 3/2014) Managed three oilsands portfolios with focus on maintaining best outcomes for project timeline and cost, performing duties from centralized office and on-site. Defined contract key performance indicators (KPIs) to track buyer performance, and communicated contract revisions to supply chain managers. Key Projects:  Managed $100M maintenance, repair, operations (MRO) contract for centralized procurement of pipes/vales/fittings: ─ Generated $4M in contract savings by partnering with supply chain managers, multi-tier category advisors, and suppliers to cut tail spend, automate ordering, and secure volume rebates. ─ Addressed purchasing issues to foster 90% on-time supplier payment and 80% on-time materials delivery.  For centralized procurement of light vehicle fleet, adeptly identified areas for improved contract terms including: ─ Negotiating new lease of skid steer with 6K hours free maintenance and avoiding $300K in annual paid repairs for two-year term. ─ Amending fleet service agreement to create vendor-managed repair workshop and enable 25% reduced service rate along with slashed wait times.  For centralized/on-site chemical procure, led RFI/RFP solicitation and rebate assessment of supply requirements: ─ Secured best possible unit rate for onsite manufacturing of water gel explosives for mine blasting, shifting business approach and offering better product performance, blast scheduling, and cost efficiencies. ─ Realized 5% rebate for water/oil treatment bulk chemical spend through consolidation of multi-site requirements and futuristic demand with fewer suppliers. ─ Reduced overhead by managing just-in-time bulk deliveries.
  • Logistics SchedulerFull Time

    Suncor Energy Inc

    Jun 2006 - Jun 2007 -1 yr

    Canada , Calgary

    • Job Details:Coordinated complex array of logistics functions to meet project requirements. Utilized materials requirements planning (MRP) system to coordinate ordering and maintain stable demand item list. Routinely liaised with business users. Promoted strong compliance with Environmental Health & Safety (EHS) guidelines. Key Achievements:  Achieved 85% schedule compliance by closely monitoring maintenance work order reports and proactively expediting replenishment.  Led effort to automate purchase requisitioning, ensuring highest levels of accuracy to avoid costly processing delays and inventory stock-outs.  Enhanced EHS compliance by assigning supply chain contact to address on-site contractor mobilization.
  • Education

    • Bachelor of Engineering in Mechanical

      SIIT, Thammasat University

      Jan 2000 - Jan 2003 - 3 yr

    • High School - Other

      Bishop Conrad

      Jan 1994 

    Achievements

    Among Top 5 students in BE program Graduated with honors in Post Graduate program.

    Skills

    • Strategic Sourcing
    • Contract Development
    • Tactical Procurement
    • SAP
    • Microsoft Office
    • Electronic Tenderinng

    Languages

    • English

      Fluent
    • Hindi

      Fluent

    Training & Certifications

    • Purchasing ~ Negotiation ~ Contract Writing ~ Competitive Bidding ~ SAP ~ Planning & Scheduling ~ Safety

      Suncor ·2015
    • Masters Certificate in Project Management

      York University·2014
    • Application Consultant mySAP ERP Integrated Business Processes

      SAP·2006
    • Post Graduate Certificate in Supply Chain Management

      Humber Institute of Technology & Advanced Learning·2006
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