Mohit Srivastava

Seasoned procurement and commercial leader with over 30 years of progressive experience in strategic sourcing, global supply chain management, and category leadership within the chemical, polymer, paints, and telecom infrastructure sectors. Currently serving as Joint Vice President – Commercial and Regional Category Head for Energy, Fuel, Utilities & Services (for APAC & Egypt) at Indorama Ventures, a global leader in polymers, PET, recycling, fibers, and packaging operating across 35+ countries. Spearheaded enterprise-wide procurement strategies and category management for high-value spends (total handled ~$430 Mn USD), driving vendor development, global sourcing, rigorous negotiations, risk assessment, and supplier performance optimization to deliver substantial cost savings and sustainable supply chain resilience.

Served as Global Workstream Process Lead for SAP S/4HANA Procurement implementation across 130+ plants in 35 countries, streamlining processes, reducing lead times, enhancing spend analytics, and enabling data-driven decision-making for operational excellence and efficiency gains. Achieved significant savings, up to $40 Mn USD in 2025 through targeted cost-reduction initiatives, alternate sourcing, vendor consolidation, inventory control, logistics efficiencies and scrap monetization, adept at budgeting, market intelligence, spend analysis, and cross-functional collaboration to align procurement with financial objectives and maximize profitability. Expert in identifying/developing global and local vendors, conducting techno-commercial negotiations, contract finalization, performance evaluations, and building long-term strategic partnerships while ensuring compliance with quality, ESG, and governance standards.

Proficient in leveraging key skills and competencies in strategic procurement, global supply chain leadership, negotiation excellence, team mentoring (5 direct reports + 18 site team members), and analytical process-oriented approaches to drive cost optimization, risk mitigation, service excellence, and organizational growth in fast-paced, multi-country environments.

Joint Vice President – Commercial at Indorama Ventures Global Services Co. Ltd. (2011-08 – 2026-01)

Growth Path: Aug'11 – Oct'19: Head – Purchase & Stores; Nov'19 – Mar'24: Global Workstream Process Lead – Procurement (SAP S/4HANA); Mar'24 – Jan'26: Regional Category Head – Energy, Fuel & Utilities (APAC & Egypt)

• Strategic Procurement Leadership: Led enterprise-wide procurement strategy aligned with business objectives across 130+ plants in 35 countries, ensuring cost-efficient, high-quality, and sustainable sourcing.
• Supplier & Contract Management: Built and managed strategic supplier partnerships, negotiated global contracts, and enforced compliance with quality, performance, ESG, and governance standards.
• Process Optimization & Digital Transformation: Streamlined procurement processes, reduced lead times, and drove efficiency through best practices and SAP S/4HANA implementation as Global Procurement Workstream Lead.
• Financial & Cost Management: Managed procurement budgets, conducted spend analytics, identified savings opportunities, and collaborated with finance teams for accurate forecasting and compliance.
• Leadership & Stakeholder Collaboration: Led and mentored high-performing global teams; partnered closely with engineering, manufacturing, and technical stakeholders to align sourcing with operational goals.
• Additional Achievements: Developed management reporting frameworks for savings, standardization, and budget variance; optimized scrap disposal, inventory control, warehousing, and logistics efficiency.

Manager – Supply Chain Management at Indus Towers Limited (2008-12 – 2011-08)

• Strategic SCM Execution: Directed Capex procurement, material planning, EPC coordination, and budgeting to support nationwide telecom rollout schedules.
• Cost Optimization: Achieved savings of 100K USD through transportation redesign and infrastructure cost reductions; recognized with organization-wide awards for cost-saving initiatives.
• Vendor & Operations Management: Oversaw Capex, O&M, and consumables procurement; enhanced vendor performance, reduced lead times, and controlled costs while maintaining high Plant Load Factor (PLF) and compliance with corporate policies.
• Additional Responsibilities: Managed warehouse operations, audits, international sourcing, vendor payments, and development of competitive local suppliers.
• Key Achievement: Successfully delivered Vodafone 3G rollout targets ahead of schedule, earning special recognition.

Assistant Manager – Materials at Kansai Nerolac Paints Ltd. (1998-02 – 2008-11)

• Materials & Cost Strategy: Headed procurement, logistics, and stores; centralized purchasing to improve negotiation leverage and total cost of ownership.
• Inventory Optimization: Reduced packing material inventory from 13 days to 1 day by implementing supplier-managed warehouses, achieving zero stock-outs.
• Cost-Saving Initiatives: Negotiated significant raw material discounts, reduced material movement by 50,000 ton-meters, and implemented freight and packaging optimizations. Utilised RM and PM, SM-NM inventory by 1Mn USD in 180 days.
• Operational Excellence: Developed performance reporting dashboards, improved scrap monetization, and optimized logistics and warehousing efficiency.
• Quality & Continuous Improvement: Core team member for OHSAS 18001, TPM implementation, and three-time recipient of Inter-Plant Kaizen Awards.

Executive – Purchase at Rajinder Pipes Limited (1995-08 – 1998-01)

• Cost Savings and Quality System initiatives

Master Diploma in International Trade – Symbiosis Institute of Management Studies (2006 – 2006)

Diploma in Management in Marketing Management – Institute of Management Technology (IMT) (1996 – 1996)

B.E. in Mechanical – Dr. Babasaheb Ambedkar Marathwada University (1995 – 1995)