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