DGM/GM - Strategic Procurement

As a Procurement Manager at our company, you will play a crucial role in planning and strategizing the sourcing of the RM portfolio in alignment with the Oleochemical business objectives. Your responsibilities will include strategic sourcing of Palm Oil, Mustard, and related commodities to ensure their continuous availability at competitive prices. You will be expected to drive key strategic projects in the supply chain to meet the evolving needs of the business and enhance efficiencies in the value chain. Price and volume forecasting for key raw materials will be a critical aspect of your role, providing essential inputs for decision-making. You will be tasked with ensuring the delivery of agreed volumes at competitive costs and credit terms, as well as implementing Lean inventory practices such as Vendor Managed Inventory with extended supplier credit. Additionally, you will lead initiatives related to cost reduction, sourcing strategy development, supplier selection, rate negotiations, and capacity planning for the oil portfolio. Your role will also involve capturing supply market insights and translating them into buying opportunities on a global scale to drive transformation and continuous improvement. Implementing best commercial practices between suppliers and our organization will be essential to optimize procurement processes. In terms of policy and process design, implementation, and review, you will be responsible for creating the RM plan based on the annual plan and monitoring it on a monthly basis. Comparing import and domestic prices to make informed decisions, preparing and tracking monthly MIS reports, and monitoring raw material deliveries to ensure procurement On-Time-In-Full (OTIF) above 95% will be part of your routine. You will also be required to coordinate with marketing and plant departments, ensuring sustainability reporting, understanding Mustard demand, and planning to optimize costs while ensuring smooth availability. Managing performance, capability, and morale through focused transformation initiatives, supplier development programs, and employee development initiatives will be crucial aspects of your role. Furthermore, you will be instrumental in driving digital transformation by developing and deploying insightful digital tools for data-driven decision-making. Key skills required for this role include knowledge of the vegetable oil market, manufacturing processes in the relevant industry, analytical skills, negotiation abilities, supply planning expertise, data analysis proficiency, and a strong conceptual understanding of the sourcing function. Your role will also involve stakeholder management, influencing skills, and hands-on experience in supplier and people development.,