Team Member Strategic Sourcing

Year    Mumbai, Maharashtra, India

Job Description


Position Description

Business Division:

CSM Agchem

Department:

Commercial

Location: Mumbai

Position Title: Team Member - Strategic sourcing

Level: Middle Management

Reporting To: Lead - Strategic Sourcing & Special Projects

Position Purpose

Team Member Strategic sourcing is responsible for developing procurement strategy and its successful execution so as to leverage best-in-class suppliers, processes and products to enable a competitive advantage

Strategic Responsibilities

  • Drive strategic sourcing initiatives and implement key purchase / procurement strategies, contingency plans for all indirect material for production, maintenance and repairs
  • Develop strategic partnerships with vendors
  • Provide support in assessing supplier quality and develop parameters for choosing the right suppliers
  • Ensure cost effective purchases of materials by executing a robust cost optimization strategy
Operational Responsibilities
  • Maximise annual rate contracts indirect purchases so as to reduce number of transactions
  • Identify higher consumption items and converting them in long term contracts
  • Spend analysis and detailed Commodity study for indirect purchases - Spares and services
  • Benchmarking and Implementing best practices in procurement, contract management,vendor consolidation and vendor management
  • Reduce the use of non-strategic suppliers, and move the procurement activities upstream in the lifecycle of a solution
  • Inventory management - Vendor Managed inventory
  • IT initiatives related to procurement
  • Alternate supplier development; including import substitution, OEM supplies
  • Value engineering - alternate materials (in collaboration with Engineering team
  • Evaluation & implementation of energy savings initiatives
  • Contracting - Opex & Logistics spend
  • Performance & SLA monitoring of Supplier & Service provider & driving initiatives to improve performance
  • Process reengineering - Opex, Logistics & Warehousing
Financial Responsibilities
  • Drive cost savings as Strategic sourcing initiatives
People Responsibilities
  • Regular interaction with plant commercial team
  • Facilitate initiatives for training need identification and building requisite skills & competencies through systematic training & skill-upgradation initiatives for the team
  • Actively drive, in conjunction with the Senior Management Team, the performance management process of the team
  • Inspire & motivate employees through demonstrated commitment to PI\'s values, vision & mission and active participation in various team engagement activities
Education Qualification
  • B.Tech/B.E. - Mechanical/ Chemical etc
  • PG - MBA/PGDM Graduate (Supply Chain/ Operations)
Work Experience

15+ years of experience in Strategic sourcing, Indirect Material procurement, Revenue Purchase, Supply Chain

Industry to be Hired from

Any industry. Chemical/Pharma will be preferred

Functional Competencies
  • Excellent Knowledge of Strategic sourcing
  • Excellent Knowledge of Procurement Processes (demand forecasting processes, vendor empanelment & management, rates negotiations, vendor performance management)
  • Good Knowledge of Indirect materials / services forecasting, budgeting and procurement processes and procedures (for example, marketing spends, HR spends, IT, facilities, capital goods)
Interaction Complexity and Team Work

Interaction

Frequency

Purpose of Interaction

Internal:

Head Sourcing, Head Engineering, Lead Stores, Finance Controller

As required

Updating the head about the current market trends and familiarizing them with Procurement policies; updating & ensuring delivery of material as per agreed plan

External:

Vendors, Supplier

As required

Negotiating and closing vendor contracts, Addressing specific vendor issues

PI Industries

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Job Detail

  • Job Id
    JD3226007
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Mumbai, Maharashtra, India
  • Education
    Not mentioned
  • Experience
    Year