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RS Welcomes New VP of Margin Management, Pricing, & Procurement

RS Logo. RS is a global product and service solutions provider for industrial customers. (PRNewsfoto/RS)

News provided by

RS

Jan 09, 2025, 11:12 ET

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Abhishek Singh brings 16+ years of experience and a proven track record for driving sustained growth and productivity, outstanding leadership, and developing and deploying advanced analytics tools to his new role.

FORT WORTH, Texas, Jan. 9, 2025 /PRNewswire/ -- RS, a global product and service solutions provider for industrial customers, recently welcomed Abhishek Singh — an expert in commercial transformations, go-to-market strategy, sales excellence, pricing and segmentation, and capability building — to the executive leadership team as the new Vice President of Margin Management, Pricing, and Procurement.

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Abhishek brings more than 16 years of experience in consumer analytics, advanced statistical modeling, pricing and procurement, and corporate strategy for the manufacturing and distribution industry to his new role. He also brings a proven track record for driving sustained, above-market growth and productivity across complex, matrixed organizations, demonstrating outstanding leadership capabilities, and pioneering the development of dashboards and predictive analytics tools demonstrated to address margin variability, streamline decision-making, and enhance performance tracking across teams.

"Every margin improvement today sets the foundation for our customers' loyalty and our market leadership tomorrow."

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Abhishek comes to RS from McKinsey & Company, where he successfully built and led cross-functional global commercial analytics teams in Europe, the Americas, and Asia before transitioning to an engagement manager role dedicated to helping manufacturers and distributors achieve strategic and operational excellence through pricing and cost-to-serve transformations and optimizing the alignment of pricing, sales, and operational teams.  

As Vice President of Margin Management, Pricing, and Procurement at RS Americas, Abhishek develops and implements a strategically aligned margin optimization program that emphasizes data-driven pricing policies, best-in-class procurement negotiations, and world-class process development and leverages advanced pricing and procurement analytics, data analytics integration, and real-time predictive modeling. His long-term vision is to build a high-performing and data-centric pricing and procurement team.

"I'm excited to join the RS team as Vice President of Margin Management, Pricing, and Procurement," said Abhishek. "By optimizing margins, we're not just improving our bottom line; we're building stronger, long-lasting relationships with our customers. Every margin improvement today sets the foundation for our customers' loyalty and our market leadership tomorrow."

Outside of his professional role, Abhishek enjoys spending time outdoors with his wife, especially hiking and biking, and is passionate about traveling and exploring new places with family and friends. He's also an avid fan of science fiction novels and movies and an enthusiastic home chef who revels in creating delicious meals from scratch and sharing them with people he loves.

Learn more about the RS Americas executive leadership team.

About RS
RS is a global product and service solutions provider for industrial customers, enabling them to operate efficiently and sustainably. 

We operate in 36 markets, stock over 800,000 industrial and specialist products, and list an additional five million relevant for our industrial customers, sourced from over 2,500 suppliers. This extensive range supports our customers across the industrial lifecycle of designing, building, and maintaining equipment and operations. We enhance their experience through a tailored service model, leveraging our efficient physical, digital, and process infrastructure sustainably. We combine a technically led and digitally enabled approach with an exceptional team of experts; ultimately, it's our people that make the difference.

Our purpose, making amazing happen for a better world, reflects our focus on delivering results for people, planet, and profit. 

RS Group plc is listed on the London Stock Exchange with stock ticker RS1 and in the year ended 31 March 2024 reported revenue of £2,942 million.

For more information, please visit https://www.rsgroup.com/ or connect with us on LinkedIn or X (Twitter).

About RS in the Americas
In the Americas region, RS stocks more than 250,000 industrial and electronic products from more than 700 trusted suppliers. These solutions cover categories extending from automation and control equipment to interconnect, passive, active, and electromechanical components and include more than 80,000 high-quality, competitively priced RS PRO products. For more information, please visit https://us.rs-online.com or connect with us via social media on Facebook, X (Twitter), LinkedIn, and YouTube.

Image Download:
Abhishek Singh - RS VP of Pricing & Procurement.jpg

Editorial Contact & Media Inquiries:
Erica Goode, RS Director of Marketing – U.S. and Canada
[email protected]  

SOURCE RS

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