Strategic Sourcing Manager

Responsibilities :

Procurement Planning : Work with a range of internal stakeholders to clearly identify procurement needs, oversee timelines and budget and ensure adherence to savings & other strategic objectives. Initiate negotiations and vendor relationship management. Optimize overall costs and focus on enhancing operational efficiencies.

Negotiations : Price discovery, external benchmarking and negotiating the most competitive prices, SLAs and contract terms. Identifying clear external benchmarks and collating the details of various cost components. Consistently improving cost competitiveness of the suppliers

Vendor Management : Prepare RFI / RFQ Management, identify potential suppliers and contract management & governance, Manage vendor accounts reconciliation. Develop a clear understanding of suppliers’ strategic strengths, supplier performance evaluation, expand supplier network and maintain consistent vendor performance and engagement. New product development & trials execution

Operations Management : Manage conflicts, resolve escalations, ensure user satisfaction, ensure documentation compliant with Internal & External Audit standards, review delivery timelines, SAP operations (MM module). Inventory management & optimization. Ensuring compliant import operations

• Logistics : Confirm order with vendor;
• prepare internal approval note;
• coordinate sign off on the internal approval note;
• finalize the legal terms and conditions with the vendor;
• liaise with finance forfinancial transactions and legal for contracts;
• organize kick off meeting between supplier and modernization for handover on delivery and execution;

resolve escalations by modernization (user) with respect to supplier in order to ensure installation of equipment to user satisfaction

Contract Management : Review status of vendor deliveries against orders released, supervise timely follow-up with vendors, monitor changes in user requirements during implementation and communicate appropriately to vendors, coordinate with Finance for vendor payments to ensure timely delivery of orders and execution of projects as per project plan.

Qualifications :

B.E. / B.Tech. + MBA with 3 - 5 years of experience in Procurement function specifically Capital Expenditure, Vendor Management