Ravi Chaudhary

Ravi Chaudhary

Procurement and contracts professional with 9+ years of experience leading high-value commercial decisions and complex negotiations at Oil India Limited — spanning ₹250+ Cr capex projects, multi-vendor strategy redesign, renewable energy initiatives including solar and wind, and crisis-driven operations recovery. Proven ability to deliver significant cost savings, drive sustainability goals, and build scalable procurement frameworks across the energy sector.

Work Experience:

9.7 Years

Industry:

Energy & Utilities | Government & PSUs | Logistics

Function:

Operations & Supply Chain | Procurement | Project & Program Management

Work Experience

Oil India Limited | Jodhpur, India

Sr. Manager – Contracts & Purchase | Oil India Limited | Jodhpur, India

  • Finalized 45 contracts in a single year — highest by any individual in Rajasthan Field in 5 years — leveraging GeM bid category and standardized qualification criteria to reduce procurement lead times.
  • Championed Oil India’s first-ever MSE Vendor Meet for women and SC/ST entrepreneurs, driving policy change on turnover threshold relaxation and securing 7 orders for MSE Women vendors.
  • Co-authored the first-ever SOP for loading and unloading operations at Hamira Stores, institutionalizing safety and handling protocols across material workflows.

Manager – Contracts & Purchase | Oil India Limited

  • Redesigned bowser contract qualification criteria to resolve single-vendor dependency in crude oil transportation, enabling multi-vendor participation and delivering ₹3 Cr. in annual cost savings.
  • Prepared financial qualification criteria for Oil India’s first-ever Gas Sweetening Plant (₹268 Cr.), attracting international and Indian vendors for a landmark Net Zero 2040 project.
  • Drove GeM-based procurement adoption from ₹227.28 Cr. to ₹447.02 Cr. (96.7%) in FY 2025–26, making Rajasthan Field one of the highest GeM-compliant fields in Oil India.
  • Led commercial negotiation with M/s Fishbones AS, Norway for a first-of-its-kind drilling technology contract, resulting in the highest producing well in Rajasthan Field (130 BOPD vs 35 BOPD baseline).
  • Restructured L1 evaluation process for capital equipment procurement by mandating upfront AMC and critical spare part quotes, avoiding ~15% cost escalation typical of post-purchase AMC negotiations.

Manager – Stores | Add. Charge: Contracts | Oil India Limited

  • Headed end-to-end godown operations at Hamira Stores, ensuring 100% supply continuity across 5 locations for a 26-member labour workforce.
  • Led a 17-member cross-functional team to redeploy idle godown inventory and scrap rejected items, unlocking ₹2.2 Cr. in savings.
  • Restructured manpower contract terms from fixed job-based to daily-wage mode, ensuring minimum wage compliance for 31+ workers and improving labour productivity.

Senior Officer – Stores (Receiving) | Oil India Limitedimited | Assam, India

  • Delivered ₹23L in annual overtime savings and ~25% reduction in demurrage charges by streamlining material receiving and logistics workflows.
  • Recovered ₹2.3 Cr. by resolving 34 insurance claims pending for 5+ years, partnering with F&A and Marsh Insurance to clear the entire backlog.
  • Co-designed an ERP-based HSD procurement module, transforming a manual 5-day invoice cycle into a 2-day digital workflow and eliminating fuel supply disruptions (₹1.58 Cr. annual fuel spend).
  • Coordinated with Northeast Frontier Railway to accelerate commissioning of a pending railway line section, achieving recurring freight savings of ₹2.3 Cr. per year.
Accomplishments
  • Highest Contracts in Rajasthan Field: Finalized 45 contracts in a single year — highest by any individual in 5 years through innovative procurement methodology.
  • GeM Procurement Champion: Increased GeM-based procurement to ₹447.02 Cr. (96.7%) in FY 2025–26 from ₹227.28 Cr. previously.
  • Rajbhasha Samman Shield 2024: Contributed to Oil India Rajasthan Field winning the 2024 Rajbhasha Samman Shield under MoHA.
Education
  • B. Tech, Chemical Engineering – Indian Institute of Technology, Guwahati | India (2012–2016)
  • CFA Charterholder – CFA Institute |
Certification
  • IPMA Level D Certified, International Project Management Association, 2025
  • Public Procurement, AJNIFM, Faridabad, 2024
  • Executive Managerial Programme, IIM Lucknow, 2017
Extra-curricular
  • Supported multiple migrant labourers’ families with relief and livelihood opportunities during COVID-19 in association with Lions Club, Jodhpur.
  • Appointed as Presiding Officer for the 2019 National General Election, managing a team of polling staff and ensuring transparent conduct of polling for 800+ electors.