Harsh Agarwal

Harsh Agarwal

Commercial and Supply Chain leader with 12 years of experience across procurement, inventory, and operations, currently leading the Commercial charter at Navi (USD 3B AUM NBFC). Built functions from zero to scale at Yulu and Navi, and led multimillion-dollar contracts and strategic sourcing initiatives for global energy majors.

Work Experience:

11 years 7 months Years

Industry:

Business Development, Consulting & Strategy, General Management, Operations & Supply Chain, Procurement

Function:

Technology | Aviation & Automotive | Banking Financial Services & Insurance (BFSI) | Consulting | Energy & Utilities

Work Experience

Senior Manager – Commercials, Navi Limited Aug 2024 - Present
1. Led enterprise-wide procurement strategy, governance and commercial operations across Lending, Insurance, UPI and Asset Management verticals; manage ₹500 Cr annual vendor spend.
• Partner with CFO’s office to define group-level purchase and contracting policy, establishing structured guardrails for
governance and control; closed audit cycle with “Effective” rating and no major gaps
• Designed KPI-driven Commercial charter covering cost, TAT, PO discipline, vendor onboarding and contract governance
2. Drove structured 15% cost-optimization mandate across new and repeat spends through strategic negotiations across Tech, Marketing, UPI, Collections, Lending, Public Relations, Public Policy and key enterprise cost centers.
3. Scaled automation and process discipline by achieving 100% PR digitization (DICE) in 4 months and implementing SLA driven TAT governance (PR, PO ≤5 days; vendor onboarding ≤3 days).
4. Advanced contract lifecycle automation thereby strengthening compliance, visibility and enterprise spend control.

Head – Inventory Management and Control, Yulu B i k e s (₹200 Cr ARR) June 2022 - July 2024
1. Built and scaled Inventory & Warehouse playbook, enabling 6x growth in 1 year (ARR ₹25 Cr → ₹180 Cr)
• 99% spares availability to maximize bike utilization and revenue; <60 days inventory cycle to keep inventory lean and unblock working capital; >99% accuracy (2 consecutive years of external clean audits)
2. Reduced MRO spend to support EBITDA-positive target within 6 months.
• Cut down import dependence by 30% through localized alternate sourcing thereby reducing price and lead times.
• Reduced new spares consumption by 70% via refurbishment & recycling
3. Designed and implemented foundation roadmap for ₹1000 Cr topline
• Set up 4 mother warehouses and 20 MRO hubs across BLR, MUM, NCR, HYD

Lead (APAC) – Contracts, ExxonMobil India Feb 2020 – Jun 2022
1. Led Asia Pacific sourcing for Downstream & Petrochemical plants; managed USD 60M spend across Singapore, China, Australia & Thailand
• Drove USD 2M cost optimization through introduction of new vendors and development of new products
• Project Rapid Market Response - Ensured supply continuity during COVID-19 across multi-country lockdowns
2. Managed category operations for 50+ products supporting 30+ plants across APAC
• Maintained on-spec supply and optimal inventory levels (import + local mix)
• Provided functional leadership to Bangkok Buying Team

Manager – Procurement, Reliance Industries Limited Jul 2014 – Jan 2020
1. Led sourcing and inventory for Chemicals & Catalysts across Reliance sites, including world’s largest refining & petrochemical complex (Jamnagar); managed USD 43M spend
2. Finalized and awarded USD 25M contracts for all polyester manufacturing units
Drove Supplier Relationship Management transformation with Accenture; rationalized and segmented 2,500 suppliers with SAP enablement
3. Project managed Vendor-Based Inventory (EDI integration) with BASF, driving horizontal digital integration

Accomplishments

1. Functional expert and project manager for horizontal integration of Vendor Based Inventory via EDI -Digital Transformation, '19 - BASF
2. Finalized Capex contracts for Jamnagar J3 project for commissioning of largest Refinery
Off Gas Cracker, Gasification and PX4 units, J3 pre-commissioning, '17
3. Rationalized and segmented 2500 suppliers for RIL sites, in collaboration with Accenture Consulting Services. Developed strategy for project objectives, scope, deliverables, work plan, IT enablement and SAP implementation, Supplier Relationship Management, '16

Education
  • MBA (General Management), Indian Institute of Management Ahmedabad, 2024–26
  • B.E. (Mechanical Engineering), Manipal Institute of Technology, 2010-14
Certification
  • Certified Procurement Professional - Institute of Supply Management
  • Lean Six Sigma Green Belt
  • Import Management - Indian Institute of Foreign Trade
  • Business Forecasting using Statistical Techniques Indian Statistical Institute, Calcutta
  • Chartered Institute of Procurement & Supply - 
    - Procurement Fraud
    - Positive Negotiations
     
Extra-curricular

1. Member of Think Tank committee - ExxonMobil India Procurement
2. Elected to BPGP Career Guidance Committee (peer-selected leadership role) at IIM Ahmedabad
3. Member of Tarang (P&C), responsible for organizing all employee engagement
programmes at RIL
4.Part of Reliance marathon runner group hall of fame
5. Published a paper in International Journal of Scientific & Engineering Research,
(Volume 4, Issue 9, Sep-2013, ISSN 2229- 5518) on Energy Conservation.