Title: Manager-Procurement(Direct Material).Procurement
Description:
Job Purpose
The person in charge is the owner of the Raw materials portfolio (Commodity & Chemicals) & is fully accountable to drive all the deliverables (strategic sourcing, Cost & Cash savings, contract management etc.) under the full scope of Source to Contract cycle.
Roles & Responsibilities
- Frame Procurement Strategies to deliver Supply Chain objectives in terms of cost control, process improvements, supplier development, working capital management and financial benefits for the Company.
- Prepare category wise material budgets & ensure buying within budget.
- Negotiate and ensure continuous supply of materials (right quantity at right quality & right price) to all Business Units.
- Monitor Commodity price trends & price forecasting. Review Commodity procurement plan and apply buying strategies to provide business a competitive edge.
- Create material portfolio strategy through comprehensive fundamental & technical analysis as well as detailed market study and align the same with Business Heads to bring it to action
- Manage key supplier relationships in line with the business strategies to improve supplier performance.
- Create a strong material & supplier resilience program, including localisation initiatives to minimise/mitigate supply security risks
- Support Supply Chain Management aspects of new business development, including selection of suppliers, defining commercial approach.
- Ensure alignment between the business areas and the Supply Chain organization
KPIs
- Budget vs. Actual (spend within budget)
- Cost & Cash Efficiencies
- Internal Customer Engagement & overall procurement wellbeing
- Sustainable sourcing readiness of key materials
- Periodic engagement with Business Heads on multiple initiatives to align & debottleneck
- Supply resilience program, focusing on single sourcing risk mitigation & localisation
- Supplier Performance Improvement rating
- Supplier Innovation Day
- Annual cost savings workshop
Work experience requirement
Essential: 8 - 10 years of experience in Procurement
Preferred: 2-5 years of FMCG experience in an MNC in Asia Pacific region (Middle east experience is ideal)
Qualification
- MBA/CIPS/ Materials Management
Competencies
Strategic Thinking
Ownership & Result Orientation
Cost Management
Business Acumen
Sourcing Policy and Process
Vendor Management
Global Markets and Commodities Business Trends
Self and Team Management
Planning & Decision Making
Change Management
Business Unit:
Corporate-Finance (4198)
Business Group:
Finance (234)