Ravi Chaudhary

Ravi Chaudhary

Commercial and operations professional at Oil India Limited, negotiating high-value contracts, evaluating vendors and optimizing supply chains across capex programmes and the company's Net Zero 2040 transition. Delivers sustained cost savings and strategic initiatives adopted across multiple operating units. CFA Charterholder and IIT Guwahati graduate

Work Experience:

9.6 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

  • Finalized 45 contracts in a single year, the highest by any individual in Rajasthan Field in 5 years, leveraging GeM bid category, single bid methodology and standardized qualification criteria to cut procurement lead times.
  • Initiated centralized procurement across 5 operating units for common and specialized long lead items, lifting bidder participation from 2 to 4 per tender and securing 7% savings on ₹40 Cr. of aggregated annual spend.
  • Championed Oil India's first ever MSE Vendor Meet for women and SC/ST entrepreneurs; built internal consensus, drove policy change on turnover threshold relaxation and secured 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 as a replicable standard across field operations.

Manager - Contracts & Purchase

  • Led end-to-end commercial negotiation with M/s Fishbones AS, Norway for a first-of-its-kind drilling technology contract, devising pricing strategy and contractual terms that resulted in the highest producing well in Rajasthan Field (130 BOPD vs 35 BOPD baseline)
  • Finalized the health assessment contract for O&M operator change at Oil India's largest wind plant (54 MW), lifting machine availability from 61% to 86% and annual revenue from ₹28.91 Cr. to ₹32.56 Cr.
  • Drove the organizational shift to GeM based procurement across internal teams and the vendor ecosystem, growing adoption from ₹227.28 Cr. to ₹447.02 Cr. (96.7%) in FY 2025-26
  • Resolved an audit observation on single vendor dependency in crude oil transportation by redesigning bowser qualification criteria, enabling multi vendor participation and ₹3 Cr. in annual savings
  • Prepared financial qualification criteria incorporating D/E ratio, working capital, net worth and annual turnover for Oil India's first-ever Gas Sweetening Plant (₹268 Cr.), attracting international and Indian vendors to a landmark Net Zero 2040 project

Manager - Stores (Additional Charge: Contracts)

  • Led a 17-member cross functional team to redeploy idle godown inventory and scrap rejected items, unlocking ₹2.2 Cr. in savings and negating the need for additional godown construction.
  • Headed end-to-end godown operations at Hamira Stores, ensuring 100% supply continuity across 5 locations through structured rostering and resource planning for a 26-member labour workforce.
  • Restructured manpower contract terms from fixed job based to daily wage mode, ensuring minimum wage compliance for 31+ workers while improving transparency, productivity and dispute resolution.
  • Served as Departmental IT In-Charge on the e-Office implementation team, proposing process and configuration changes tailored to Rajasthan Field operations to drive automation.
  • Managed C&P Department budgeting across CAPEX and OPEX with an average annual budget of ~₹5 Cr.

Senior Officer | Stores (Receiving)

  • Delivered ₹23L in annual overtime savings and ~25% reduction in demurrage charges by streamlining material receiving, stacking, and inter-department transfer workflows while coordinating with internal and external logistics stakeholders.
  • Rationalized the insurance claims process by establishing multi party accountability across transporters, suppliers and material handling contractors, cutting annual filings from 243 to 67.
  • Increased insurance claim acceptance rate by 22% by co-designing an automated digital intimation system with F&A and IT, triggering supplier alerts 15 days prior to delivery.
  • Cut operational time loss by 13% and minor disciplinary incidents by 22% through 25+ behavioural safety and toolbox talk sessions designed and delivered for 100+ field workers.
  • Co-designed an ERP based HSD procurement module by defining mandatory field requirements, converting a manual 5-day invoice cycle into a 2-day digital workflow and ensuring uninterrupted fuel supply (₹1.58 Cr. annual spend).
  • Recovered ₹2.3 Cr. by resolving 34 insurance claims pending for 5+ years, partnering with F&A and Marsh Insurance on root cause analysis and documentation to clear the entire backlog.
Accomplishments
  • Highest Contracts in Rajasthan Field: Finalized 45 contracts in a single year, the highest by any individual in 5 years.
  • Energy Transition Task Force: Selected as one of 25 professionals from a workforce of 1100 to develop the company's energy transition strategy roadmap.
  • Rajbhasha Samman Shield 2024: Contributed to Rajasthan Field winning the 2024 Rajbhasha Samman Shield under MoHA.
  • CFA Charterholder: Cleared all three CFA levels on first attempt.
  • IIT-JEE: Cleared one of India's most competitive engineering entrance examinations.
Education
  • B. Tech, Chemical Engineering | Indian Institute of Technology, Guwahati | India (2012-2016)
  • CFA Charterholder – CFA Institute
Certification
  • CFA Charterholder, CFA Institute
  • IPMA Level D Certified, International Project Management Association, 2025
  • Executive Managerial Programme, IIM Lucknow, 2017
  • Gold Market Foundations, Coursera, 2026
  • Public Procurement, AJNIFM, Faridabad, 2024
  • Excel / VBA (Levels I, II & III), University of Colorado Boulder, Coursera, 2020
Extra-curricular
  • Appointed nodal officer for two high-profile parliamentary committee visits, managing protocol, logistics and stakeholder engagement across 33 organizations and government representatives in Jodhpur and Jaisalmer.
  • Presiding Officer, 2019 National General Election, managing polling staff and transparent conduct for 800+ electors.
  • Highest wicket taker in a 5-match inter-company cricket tournament against State Bank of India, Oil India (2019-2025).
  • Marathon winner, 2023, organized by Aravali Club, Jodhpur.
  • Supported migrant labourers' families with relief and livelihood support during COVID-19 with Lions Club, Jodhpur.