Praveen Sharma
About Praveen Sharma
Praveen Sharma is a Global Category Manager at AXA XL, where he has worked since 2021, focusing on the procurement of IT commodities. He holds a PGDM in Finance and has extensive experience in strategic sourcing and procurement across various sectors.
Work at AXA XL
Praveen Sharma has been serving as the Global Category Manager at AXA XL since 2021. In this role, he is responsible for the procurement of IT commodities, including hardware such as laptops, desktops, higher-end servers, and access control systems. His work spans both global and local scales, ensuring that the organization meets its technological needs efficiently. Prior to this position, he held several roles within AXA XL, including Deputy Manager (Category Manager) and Assistant Manager Global Sourcing and Procurement, where he focused on strategic sourcing and procurement processes.
Education and Expertise
Praveen Sharma completed his Post Graduate Diploma in Management (PGDM) in Finance at the New Delhi Institute of Management from 2010 to 2012. He also holds a Bachelor of Science (BS) degree in Electronics Hons. from Zakir Husain College, which he obtained from 2007 to 2010. His educational background provides a solid foundation in finance and electronics, which supports his expertise in procurement and strategic sourcing.
Background
Praveen Sharma began his career as a Commercial Executive at Vardhman Textiles, where he worked from 2012 to 2015. He then transitioned to Ameriprise Financial Services, Inc. as a Senior Associate in Strategic Sourcing for one year. His experience in these roles contributed to his knowledge in procurement and strategic sourcing, leading to his subsequent positions at AXA XL.
Achievements in Procurement
Throughout his career, Praveen Sharma has implemented several key initiatives in procurement. He negotiated and implemented cost reduction and supplier consolidation strategies, which aimed to optimize both operating expenses and capital improvement projects. Additionally, he set up Technology Labor Rate Card Agreements with multiple Global Staff Augmentation Vendors to enhance global technology sourcing for application development. He also implemented a contract database using Oracle Fusion to streamline procurement processes.
Procurement Management
In his various roles, Praveen Sharma has managed the procurement of a wide range of Non-IT and Facilities goods and services. This includes overseeing annual maintenance contracts (AMCs) for office and building equipment, logistics management, catering, facilities management, and HR and marketing services. His comprehensive management of these services reflects his capability in handling diverse procurement needs within an organization.