Job Description

:

- Create a Sourcing commodity strategy comprising all elements of sourcing, with inputs from stakeholders

- Plan and communicate cost optimization strategy to team and units, to achieve stretch targets.

- Plan sourcing value chain to make available the right material, equipment, etc. on time and at optimal cost.

- Set and publish pricing and purchase guidelines incl. share of business allocation for units

- Set-up monthly review (KPI, cost improvement projects, price variance, recovery/quality issue resolution) internally and supplier review process /actions

- Build supplier review development and Qualification process to fast-track new parts development to reduce the overall cost

- Explore and identify strategic options for vendors, transportation, and other key drivers of performance

- Monitor air/sea/trucking/network optimization guidelines related to freight for timely delivery and best possible Transportation rates.

- Create buy-in from stakeholders and users (SBU Head, Unit Heads) on sourcing strategy and plan; Build stakeholder relationship through periodic visits and field interaction.

- Participate in and actively support organizational Strategic Initiatives

- Handle full process from Procure to Pay.

- Identify and drive process improvement initiatives

- Review high-value and high-volume inventories, and working capital across units.

- Set min-max / optimal inventory limits for units, based on benchmarking / best practices, to optimize working capital

- Enable team to track and highlight key external trends: demand-supply, freight and pricing, weather, and monsoon(seasonal) Changes, Etc.

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