Punit brings a depth of experience and hands-on understanding of what it takes to successfully and fruitfully build these kinds of partnerships across industries, shaping successful deals and contracts.
At ING Belgium, he professionalized vendor management, implemented structured sourcing frameworks, and coached senior managers on contracting strategies that directly reduced costs and strengthened governance. At DSM-Firmenich, he helped shape and structure various sourcing deals in licensing of products, infrastructure transformation, and application management. Apart from this, sourcing and vendor management initiatives have been part of his work experience at roles in ABN Amro, Euroclear, TCS, among others.
Guided outsourcing of key application portfolios (COBOL, BI, TIBCO) yielding significant cost efficiencies.
Defined a strategic partnership model to reduce the vendor base while enhancing oversight of critical relationships.
Collaborated with legal, risk, & procurement teams to manage contracts and satisfy national bank and audit concerns.
Saved multiple millions by advising on large deals and sourcing initiatives at a global manufacturer based in The Netherlands by negotiaing, better structuring and creating contracts that create more value for business and vendor
Secured divestitures terms with more than 35 vendors in less than 90 days to safeguard transition and services by negotiating conditions for divestment for a company with headquarters in the Netherlands and Switzerland
