•	Managed a diverse portfolio of vendor relationships, ensuring service excellence, risk mitigation, and maximum value for money in accordance with Bank Policies.
•	Led initiatives in the market data domains, including demand management and support for sourcing teams on pipeline opportunities, resulting in identified cost savings.
•	Successfully led a small team of vendor managers supporting specific lines of business under Wealth, fostering a collaborative and high-performing work environment.
•	Oversaw onboarding of new vendor initiatives, conducting extensive risk and sourcing due diligence, and obtaining necessary approvals in alignment with Bank Sourcing Policies.
•	Facilitated ongoing vendor governance and oversight, varying with risk ratings, to ensure compliance and effective relationship management.
•	Developed and maintained strong relationships with internal TD business partners, control partners, and external vendors, ensuring clear alignment with business objectives.
•	Evaluated vendor performance against agreed service levels, resolving/escalating performance issues promptly, and managing associated risks.
•	Interpreted contractual terms and conditions, representing business needs during vendor negotiations, and ensuring effective management of vendor agreements.
•	Demonstrated understanding of technical/business aspects of vendor services, identifying synergies and implementing initiatives to drive savings and efficiencies.
•	Managed and tracked contractual amendments, understanding commercial benefits and risks, and facilitated approval processes involving appropriate stakeholders.
•	Monitored service credits and penalties against vendor performance, reviewed negotiated rates, and ensured compliance with contract commitments.
•	Conducted regular audits of vendor invoices, facilitating the resolution/escalation of invoice or credit-related issues in accordance with contract terms and conditions.

Vendor Manager

HCL America, Inc.

-Supporting the Global Procurement Service Team, IT Leadership Team, VMO, and Project Management Office (PMO). Functioned as a trusted resource, advisor and trusted SME in project and program efforts focused on IT sourcing, supplier onboarding and engagement, negotiations, contracting, and category management.
-Liaise with C- Level Executives to bridge the relationships and support business developments.
-Partner with Legal, Finance, and Compliance as necessary to author and review contract terms and conditions for various contractual agreements (e.g., MSA's, SOW's, SaaS, Consulting, Technology Implementations, Staffing, etc. Consulted with and advised business partners to reach acceptable outcomes while mitigating potential risk (e.g., financial, quality, regulatory, supply chain, legal, performance)
-Led negotiation strategy and conducted contract negotiations on terms and conditions of high-risk, complex, and potentially long-term agreements in support of high impact IT and Commercial agreements.

Global Category Manager | DC & Hosting

Responsible for  HCL NORAM region 
-DC and Hosting, Audio Visual, Field Services, Other Professional Services Category
-RFP/RFI
-Vendor Management 
-Streamline the process flow to eliminate delays
-Global / MultiCultural / Cross Functional Team

Regional Category Manager - DC | Cloud | Field Services | Audio Visual |

•I have been very grateful to perform several roles and be an integral part of the company's growth.  
• During my term I have played several roles in various verticals and seamlessly executed several projects in Infrastructure, Pharmaceuticals, Medical Devices, Insurance, Airline, and Supply Chain. 
•  Meticulously worked as a front runner and took ownership of the problems as opportunities. 
• Serve as a single point of contact for the client on all contractual matters, including contract performance/ compliance, SOWs, change controls, extensions & renewals, and contractual interpretation.

Manager

Northeastern University

Student Proctor

Survey Assistant ( Registrars Office )

Prashanth and Kalyani come from a long line of prosperous farmers, spanning four generations. Raised with the belief that investing in the land yields abundance, they grew up tending to crops, nurturing growth, and harvesting the fruits of their labor. However, as urbanization and corporate careers gained popularity, their family's agricultural business began to decline.

Seeing their parents take different paths - one into entrepreneurship and the other into corporate life - taught Prashanth and Kalyani a valuable lesson: corporate jobs offer stability but require long-term commitment and can feel monotonous, while entrepreneurship is risky yet promises greater rewards.

Despite initially following the corporate path after receiving education from prestigious institutions and moving to the United States, Prashanth and Kalyani soon realized their passion for creation and cultivation, valuing time over money. Rejecting the sedentary corporate lifestyle and living paycheck to paycheck, they sought a more fulfilling pursuit.

Motivated by a desire for meaningful work and a balanced life, they embraced the role of "people farmers," investing in the growth of others. With guidance from mentors, they achieved success both personally and professionally.

While balancing their corporate endeavors with family life, they pass on their cherished values to their children and actively nurture others to unlock their potential. Prashanth and Kalyani are advocates of principles that foster personal growth and provide a platform for others to flourish.

If you identify with their journey, Prashanth invites you to start a conversation. Together, they believe, we can grow.

🚀 Professional Expertise:

With over 11 years of experience in vendor management within the IT environment, I bring a wealth of expertise to the table. A seasoned professional, I possess a deep understanding of vendor performance and relationship management intricacies. My track record includes successfully navigating complex contract negotiations, conducting competitive price analyses, and excelling in procurement and project management.

Let's connect and explore how my unique blend of personal insights and professional expertise can contribute to your journey or organization. 🌐

Reagrds
Prashanth Ponugoti

Prashanth P.

FineArts Leadership

Self Employed

HCLTech

With over 10 years of experience in vendor management within the IT environment, I am a seasoned professional with a deep understanding of the intricacies of vendor performance and relationship management. I have a proven track record of successfully navigating complex contract negotiations and competitive price analyses. My background in procurement and project management has equipped me with in-depth knowledge of sourcing and procurement principles and best practices. I possess practiced decision-making and judgement, senior leadership skills, and the ability to influence and solve complex supplier performance issues and contract challenges. My refined vendor/relationship management skills, excellent judgment, and success in prioritization across multiple stakeholders and lines of business make me an asset to any organization. Additionally, I have a solid understanding of risk management environments, standards, and regulations.

Global Category Manager

•	As a skilled negotiator, I have led the strategy and execution of contract negotiations for high-risk, complex, and potentially long-term agreements in support of critical IT and commercial agreements. I have also served as a trusted expert and advisor in IT sourcing, supplier onboarding, negotiations, contracting, and category management.
•	I have also worked closely with C-level executives to establish positive relationships and support business development. Additionally, I have collaborated with legal, finance, and compliance teams to author and review contract terms and conditions for a variety of agreements, such as MSAs, SOWs, SaaS, consulting, technology implementations, and staffing.
•	I have also advised business partners to reach mutually beneficial outcomes while minimizing potential risks, such as financial, quality, regulatory, supply chain, legal, and performance risks.

Regional Category Manager | DC | FSO | IT Sourcing

•	Engage in Pre-sale RFP Bid Process- Coordinate all aspects of data gathering for Deal including projected budgets, supplier sourcing, requirements, scope, timeline, and pricing negotiations.
•	Lead RFP’s and strategically placed prime vendor based on their strengths in the Americas region and established a contract for a 3-year term by benchmarking of the lowest market rate.
•	Exceptional communication and negotiation skills accomplished 32% (over $10 Million) of savings on existing contracts.
•	Provided Value based Coaching, guidance, and mentorship for the upcoming leaders.

Business Partner | Procurement | IT Sourcing

•	Accountable for the successful deployment of the Windows 10 product for all in scope desktops, laptops-2500 users.
•	Responsible for global email migration from Zimbra 6+ to Microsoft office 365 (Exchange online)-1500 Users. Responsible for the migration of 3600 legacy mailboxes in Zimbra environment to new platform.
•	Coordinated Outlook training initiatives for 3600 end users in globally diverse environment.
•	Interface with regional Service Teams to plan deployments and to fulfill support requirements.
•	Designed appropriate strategies and ensured compliance to all present and future requirements.
•	Responsible for Vendor management (Bit Titan, Microsoft, and Lenovo) as well as resource management. Supported the entire IT enterprise, including corporate headquarters, training and service centers, and global remote sales offices. Manage local vendors, coordinate the placement of hardware orders regionally. Provide Daily, weekly and monthly reports to the management (PMO)

Infrastructure Project Manager | IT 

•	As a Subject Matter Expert (SME) in project management, I have extensive experience in scope planning, documentation of requirements (system requirements, software requirement specification, user guides, installation guides, validation plans) and delivering high-quality deliverables that meet defined expectations. I have also ensured that performance value progress is being earned at the expected cost while ensuring that all required statutory and regulatory conditions are being met.
•	I have demonstrated ability in proactively managing foreseen project risks, mitigating them as necessary, and managing changes to projects without unduly affecting the stated objectives and benefits. I am an SME on FDA's Global Unique Device Identification Database and have worked with IT system owners to implement automated data entry of GUDID data attributes into FDA database for Class II Life sustaining/ Life supporting medical devices.
•	I was also involved in writing URS for Upstream (Data flow to GUDID database) and verifying and identifying all downstream systems impacted with UDI data submitted to GUDID and writing a guidance document (To harmonize with the submitted GUDID data within internal systems

Project Manager | Medical Devices 

•	I have collaborated with developers, quality analysts, and user representatives in the design of applications and reviews of documents. I am proficient in analyzing requirements, creating use cases, use case diagrams, and activity diagrams using MS Visio, and have a thorough understanding of all phases of requirement management.
•	I have also designed test plans, defined test cases for functional, integration, and user acceptance testing, and tracked UAT testing performed by the team to ensure alignment with timelines.
•	In addition, I have facilitated the implementation of a Quality System that complies with ISO 13485 and FDA 21 CFR Part 820, and have developed, reviewed, edited, and approved/rejected Test Protocols (IO OQ, PQ, PPQ), Test Reports, Change Control records, and Design History Files.
•	I have a thorough understanding of User Needs (UN), Stakeholder Needs (SN), dFMEA, pFMEA, Component DID, Set DID, Risk Controls, and Hazard Analysis (HA)

Senior Business Analyst | Validation | Quality Analyst | Medical Devices 

Welcome to my LinkedIn page! 

My Vision is to empower individuals to reach their full potential and achieve their goals through my learnings and experiences.

My Mission is to provide practical and actionable tips that can be implemented immediately to improve one's personal life. 



🚀Want to Transform Your Income and Career:?🚀
- Join me on this journey of self-discovery and growth. Let's strive to become the best versions of ourselves together.
-I assist individuals in increasing their earning potential through both professional and personal development, as well as guide them through transitioning from the "E & S" quadrant to the "B" quadrant.

🚀Who We are NOT 🚫
• Employer/ Offering a Job / Motivational Program
• Sales / Marketing / Freelance / Pitch to sell a product or service 
• Canada / USA Immigration Consultant 

🚀WHO WE ARE ✅
👉Understands the difficulties faced by employees who wish to start their own business.
👉Developed a system, known as the Private Mentorship Program, to bridge the gap.
👉Work with capable individuals to help them build an enterprise through coaching and mentorship 

🚀 Who is an Ideal Candidate for US ❇️
- Doesn't want to trade time for $ 
- Doesn't have a learning disability 
- Doesn't want to go by flow and is a Facts/ Fruit Inspector
- Doesn't entitlement mentality

If you check the boxes above DM me. 

Best Regards 
Prashanth Ponugoti

taplio

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Prashanth P.

Prashanth Ponugoti

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