Asit Goyal
Vice President Procurement
at Unity Small Finance Bank
Mumbai
About
Experience
Vice President Procurement
Unity Small Finance Bank Limited
Jun 2023 - Present • Current
• Designed and executed bank-wide procurement strategies aligned with regulatory, financial, and operational objectives. • Managed end-to-end procurement lifecycle including RFPs, vendor evaluation, commercial negotiations, contract finalization, and performance governance. • Standardized contracts, BOQs, and SORs for PAN-India vendors; conducted periodic audits to ensure compliance and cost control. • Built long-term partnerships with key vendors across infrastructure, IT, security, and facilities. Infrastructure, Branch Fit-Out & Asset Procurement • Led infrastructure procurement for new branches and offices, covering layout finalization, BOQ approval, MEP execution, CCTV, fire safety, and compliance certifications. • Delivered ~1.7 lakh sq. ft. of banking infrastructure over 2 years, enabling 90 new branches and 4 regional offices. • Reduced branch setup timelines from 95–100 days to 55–60 days, accelerating customer acquisition and revenue readiness. • Standardized asset procurement (lockers, CCTV, computers, networking, furniture) from negotiation through execution and commissioning. Cost Optimization & Financial Impact • Achieved ₹8–10 Cr annual savings by reducing branch setup costs from ₹2,500/sq. ft. to ₹2,000/sq. ft. • Delivered additional ₹1 Cr CAPEX savings through optimized sourcing and vendor consolidation. • Identified and plugged revenue leakage areas in record management and vendor billing processes. Compliance, Governance & Record Management • Ensured adherence to banking regulations, internal procurement policies, and audit requirements. • Implemented centralized, end-to-end banking record management through a single national agency. • Maintained comprehensive documentation for regulatory and internal audits; enforced ethical sourcing practices. Invoicing, ERP & Lease Management • Set up and governed centralized invoice processing with uploads and tracking through Oracle ERP. • Managed pan-India lease rentals, CAM charges, property taxes, and related payouts for bank-leased properties. • Ensured timely penalty deductions for delays and non-standard executions as per contract terms.
Head Procurement
HCL Technologies
Aug 2021 - Jun 2023 • 1.8 yrs
Managed end-to-end procurement for a wide portfolio of IT assets including laptops, peripherals, docking solutions, monitors, cables, adapters, storage devices, and accessories supporting Microsoft's global offices. • Handled OEM sourcing and commercial negotiations with Dell, Lenovo, Microsoft, Samsung, and LG, ensuring compliance with Microsoft's technical and quality standards. Sourcing, Negotiation & Cost Optimization • Worked closely with suppliers and publishers to obtain competitive quotations aligned with user specifications and global procurement mandates. •Successfully renegotiated vendor contracts and onboarded high-quality, cost-efficient suppliers, delivering ₹1.75 Cr in procurement cost savings without compromising asset quality or performance. Procurement Operations & SLA Management • Processed purchase requests using multiple Microsoft Azure tools, supporting global requestors and end users. • Created and released purchase orders (POs), tracked order ETAs, and ensured timely delivery and quality assurance of goods and services. • Maintained critical SLAs including First-Time Response (FTR), PO turnaround time, and vendor fulfillment timelines. Invoice, Compliance & Stakeholder Management • Tracked invoices against POs and coordinated with internal approvers to ensure timely approvals and payment cycles. • Ensured procurement activities stayed within Microsoft's global procurement mandate and governance framework. • Acted as a key interface between end users, suppliers, and internal procurement stakeholders to resolve delivery, quality, and billing issues. Global Procurement Enablement • Supported Microsoft's outsourced global procurement model, enabling scalable, compliant, and cost-effective procurement operations across multiple geographies.
Procurement Manager
Reliance jio
Nov 2015 - Apr 2021 • 5.4 yrs
• Managed complete RFI / RFQ / RFP lifecycle, from requirement finalization to order placement, ensuring timely PR-to-PO conversion. • Drove continuous cost-efficiency initiatives through smarter sourcing, benchmarking, and vendor renegotiations across categories. Vendor Management & Governance • Led end-to-end vendor empanelment and management, including performance evaluation based on quality, delivery, commitment, and financial capability. • Conducted fortnightly performance review meetings with key vendors and project teams to address delivery risks, operational issues, and billing challenges. • Finalized work allocation strategies using SOB compliance, vendor ratings, capacity, and financial strength. Budget Control & Cost Savings • Delivered ₹30 Cr cost savings during 5G fiber rollout across Punjab, optimizing procurement against a ₹300 Cr allocated budget. • Achieved ~6% overall budget savings across Marketing and O&M procurement through vendor renegotiation and rate rationalization. Category Ownership • Owned procurement for multiple high-impact categories:Marcom Procurement: Posters, stickers, banners, danglers, canopy, standees, gazebos, umbrellas, NLB, GSB Event Management Services: Open cab advertising, wall branding, outdoor promotions Network & Infrastructure: Tower materials, O&M supplies, NLD fiber services, small cell Wi-Fi, tower installations. • Managed procurement for 5G fiber network rollout and ongoing operations & maintenance for the Punjab region. Process, Compliance & Execution • Resolved PR/PO mismatches, WO amendments, and billing issues to ensure smooth vendor payments and compliance. • Established and enforced supply chain standards, processes, and procurement SOPs aligned with corporate governance requirements. Business Impact • Enabled faster 5G network rollout through optimized procurement and vendor execution Improved vendor performance consistency and billing accuracy• • Delivered large-scale cost savings without compromising quality or timelines
Procurement Manager
Dish TV India
Apr 2015 - Oct 2015 • 0.5 yrs
• Owned procurement for servers, networking, storage, and enterprise IT assets including HP, Dell, Cisco, Seagate, and Tyrone solutions. • Managed procurement and renewals for data center infrastructure, including Cisco routers and switches, backup servers, and storage systems. • Led sourcing and deployment of F5 load balancers, Veeam backup & recovery solutions, and disaster recovery infrastructure. Network, Software & License Management • Managed renewals and procurement of MPLS, P2P, ILL links, and critical software licenses including VMware, Websense, Adobe, and enterprise security tools. • Coordinated with telecom and service providers such as Airtel, Reliance, and TCL to ensure uninterrupted network services. Enterprise IT & Facilities Systems • Procured desktops, laptops, servers, printers, scanners, projectors, IT consumables, and accessories. • Led procurement for EPABX systems, CCTV surveillance, and access control devices across offices and facilities. Vendor, Contract & Commercial Management •Managed contract administration for critical services including Facility Management Services (FMS) and Managed Video Contracts (MVC). • Negotiated commercial terms including pricing, payment terms, SLAs, and delivery timelines to maximize value and minimize risk. • Defined Statement of Business (SOB) based on spend analysis, vendor performance, and service criticality. Procurement Operations & Governance • Coordinated closely with internal stakeholders to understand requirements and recommend cost-effective, technically compliant solutions. • Managed complete procurement lifecycle from Purchase Requisition to delivery and vendor payment. • Executed RFQs and RFPs (sealed bids where required), ensuring transparency and governance in sourcing decisions. Category Ownership • Led both IT Procurement and Broadcasting Procurement v
Deputy Procurement Manager
Viom Networks
Dec 2013 - Apr 2015 • 1.3 yrs
• Owned procurement of a wide range of software licenses including Microsoft (Windows Server), Adobe, AutoCAD, Red Hat Linux, WinZip, Lotus, WebEx, Nessus, and security access management tools. • Managed sourcing of IT hardware and consumables such as desktops, laptops, printers, scanners, projectors, and accessories. Data Center & Network Infrastructure • Led procurement for data center infrastructure, including Cisco routers & switches, HP and Dell servers, EMC data storage, and related networking equipment. • Managed sourcing and renewals of MPLS, P2P, and ILL bandwidth services, ensuring network reliability and cost efficiency. • Oversaw repair and lifecycle management of IT assets, including data recovery from crashed hard disks and refurbishment of faulty laptops. IT Services & Application Support • Supported IT teams in sourcing vendors for development and support of internal applications such as ticketing systems and HRMS platforms. • Managed SAP infrastructure and SAP AMS support procurement, coordinating with vendors to meet performance and SLA requirements. • Finalized rate cards for IT skillsets including Java, HTML, ETL, Alfresco, and other technology services. Corporate, HR & Training Procurement • Finalized commercials for HR-related services such as payroll processing, background verification agencies, manpower consultants, PF and labor consultants, GPTW surveys, Naukri subscriptions, and leadership initiatives. • Managed procurement for training programs organized by HR and talent acquisition teams. Sourcing, Contracting & Governance • • Raised sourcing NFAs for management approval as per COA guidelines. Generated RFPs, analyzed supplier responses, and recommended vendors based on commercial, technical, and delivery parameters. • Worked closely with Legal to manage contract drafting, negotiations, and renewals for services and supplies. • Acted as the primary interface with business users to define scope of work and service agreements. Budgeting & Cost Optimization • Drove multiple cost-saving initiatives across IT, services, and corporate procurement categories. • Led annual procurement budget finalization, leveraging market trends, spend analysis, and annual demand projections. • Identified and onboarded new vendors to improve competitiveness and reduce dependency risks.
Assistant Procurement Manager
Bharti Infratel
Dec 2011 - Dec 2013 • 2 yrs
Conducted PAN-India spend analysis across all telecom circles, enabling informed sourcing decisions and contract rationalization. • Secured management approvals for entering into AMC / CAMC contracts with OEMs, aligned with operational and financial objectives. • Worked closely with user departments to finalize detailed Scope of Work (SOW) and service expectations. • Led commercial and contractual discussions with major OEMs including Mahindra & Mahindra, Eicher, Kirloskar, Blue Star, Hitachi, and Emerson. • Managed NDA execution, rate contract finalization, and long-term AMC/CAMC agreements with vendors. • Vetting and finalization of contractual terms in collaboration with Legal, Finance, and internal stakeholders. • Owned contract compliance monitoring across all circles on a PAN-India basis, ensuring adherence to SLA, pricing, and service commitments. • Resolved circle-level issues related to vendors, contracts, PO issuance, and payment bottlenecks. • Conducted monthly structured governance reviews with CAMC vendors and internal stakeholders to track performance, risks, and corrective actions. •Played a key role in contract drafting, negotiation, renewals, and lifecycle management, strengthening procurement governance and control.
Assistant Procurement Manager
Best Foods Limited
Mar 2011 - Dec 2011 • 0.8 yrs
Conducted PAN-India spend analysis across plants and functions to identify cost optimization and sourcing opportunities. • Secured management approvals for entering into AMC / CAMC and rate contracts with OEMs and service partners. • Partnered with plant operations, engineering, and user departments to finalize detailed Scope of Work (SOW) for machinery, utilities, and services. • Led commercial and contractual negotiations with major OEMs including Mahindra & Mahindra, Eicher, Kirloskar, Blue Star, Hitachi, and Emerson. • Executed NDA sign-offs, finalized AMC/CAMC contracts, and standardized rate agreements across plants. • Vetting of contractual terms in coordination with Legal, Finance, and internal stakeholders to mitigate commercial and compliance risks. • Monitored contract compliance across all locations, ensuring adherence to service levels, pricing, and timelines. • Resolved plant-level issues related to vendor performance, contract interpretation, PO issuance, and payment delays. • Conducted monthly governance and performance review meetings with CAMC vendors and internal stakeholders. • Managed MRO procurement, plant machinery sourcing, IT procurement, and general purchases critical to rice processing operations. • Supported procurement requirements across the entire rice manufacturing lifecycle, from raw paddy handling to finished goods processing.
Assistant Procurement Manager
Acme Tele Power
Apr 2007 - Jan 2011 • 3.8 yrs
• Managed procurement for the entire assembly division, sourcing components including transformers, MCBs, PCBs, wires, connectors, and electronic sub- assemblies. • Led procurement for newly introduced DG manufacturing operations, handling sourcing from engine procurement to localized components and ancillaries. • Executed vendor development initiatives, identifying, evaluating, and onboarding suppliers across local and national markets to improve availability and reduce dependency risks. • Conducted supplier evaluation based on cost, quality, delivery reliability, and technical suitability against engineering specifications. • Ensured on-time material dispatch and delivery by closely tracking suppliers against PO commitments. • Maintained compliance with statutory, quality, and ISO standards across all procurement activities. • Balanced inventory levels to align with production demand while avoiding excess stock and material shortages. • Managed procurement transactions in RAMCO ERP, covering PO creation, material receipt, issue, and inventory control. • Coordinated with Accounts to review payment ageing, resolve discrepancies, and maintain healthy vendor relationships. • Acted as a key interface between production teams and suppliers, resolving material, quality, and delivery issues. • Oversaw stores operations, including MRN closure, material receipt and issue, rejection handling, and clearance. • Ensured uninterrupted material flow to production lines in line with manufacturing schedules. • Achieved material acquisition cost reduction through optimization of freight, clearance, and material handling costs. • Managed the complete procurement lifecycle—from purchase requisition, RFQs, techno-commercial evaluation, negotiations, PO issuance, amendments, drawing approvals, and manufacturing follow-ups to meet delivery timelines. • Operated with a strong 6R procurement philosophy: Right Quality, Right Quantity, Right Place, Right Time, Right Price, and Right Source.
Procurement Engineer
Omax Autos
May 2006 - Apr 2007 • 0.9 yrs
• Procured multiple grades of steel including D2, D3, Mild Steel (MS), EN31, and EN8, aligned to tooling, die, and machining requirements. • Managed procurement of tool room consumables, including safety gear, gloves, uniforms, and shop-floor essentials. • Sourced cutting tools and accessories for Lathe, VMC, and Wire-Cut machines, ensuring tool availability and optimal machine utilization. • Handled procurement of machine spare parts to support preventive and breakdown maintenance activities. • Coordinated job work outsourcing such as hardening, machining, and precision turning of components to meet production timelines. • Supported die manufacturing operations for automotive components, managing procurement of plates, machine components, and tooling materials. • Acted as the single point of contact for all procurement activities within the Tool Division, aligning sourcing decisions with engineering and production needs. •Ensured timely material availability to avoid production downtime and support continuous manufacturing operations.
Education
Bachelor of Technology - B.Tech
Mechanical Engineering
Kurukshetra University