Talent Leads Consultants
Location
Mumbai | India
Job description
1. Design and lead execution of sourcing strategy
? 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.
2. Functional leadership and Review
? Initiate, drive and publish periodic, timely MIS comprising key metrics such as;
1. When material was procured
2. Vendor options considered
3. Vendor’s selected
4. Vendor development schedules
? Identify and drive process improvement initiatives
? Drive SOPs across units
? Review vendor schedules, pricing decisions, and lead key/high-value decisions
? Set import vs Domestic sourcing ratios aligned with cost plans and to create flexibility and strategic options.
? Review unit sourcing teams to create alignment, drive collaboration and mitigate issues.
? 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
Grauer & Weil (India) Ltd.
(seasonal) Changes, Etc.
? Review monthly reports with team
? Plan for Key changes e.g. transition to GST
3. Strategic Supplier Development
4. Lead and drive a structured, strategic vendor development program:
? Initiate a pilot project/effort to identify and develop vendors.
? Lead key vendor contract negotiations and relationships
? Balance sourcing across vendors, to avoid over-dependence and spread the sourcing risk
? Standardize vendor database across units, with inputs on vendor experience / performance from units.
? Explore options for transportation and logistics, domestic and overseas.
? Develop indigenous vendors for items that can be developed locally.
? Share stocks with vendors to reduce site storage and inventories.
Purchase,Chemical
Designation: Manager / Sr. Manager Purchase Mumbai
Vacancies: 1
Experience: 8.0 Year(s) - 10.0 Year(s)
Job tags
Salary
Rs 14 - 16 lakhs p.a.
