DGM/GM - Strategic Procurement

Key Responsibilities:

Planning and Strategizing

• Develop a Procurement Strategy for sourcing the RM portfolio in line with Oleochemical business objectives and dynamics
• Strategic sourcing of Palm Oil, Mustard and associated commodities to ensure continuous availability at competitive price.
• Envisage and drive key strategic projects in supply chain for changing needs of the business and derive better efficiencies in the value chain.
• Price and Volume forecasting for key RM :: Provide inputs for decision making. Ensure delivery of agreed volume @ competitive cost and credit terms
• Drive Lean inventory including Vendor Managed Inventory with extended supplier credit.
• Lead processes of Cost Reduction, sourcing Strategy Development, Supplier Selection, Rate Negotiations and Capacity planning for oil portfolio
• Transformation & Continuous Improvement :: Capture Supply market insights and translate the same into Buying Opportunities at Global scale.
• Implementing & ensuring best commercial practices between Suppliers and VVF

Policy and Process Design, Implementation and Review

• Based on Annual Plan make RM plan and monitor on monthly basis.
• Compare Import / Domestic prices and take right decision.
• Prepare and Track Monthly MIS compared to ABP , Previous Year, Previous Month and Plan.
• Monitor incoming raw material delivery and ensure Procurement OTIF above 95% ( Plan vs Actual).
• Monitor and prepare the Deviation report for Actuals v/s Procurement Plan.

Coordination, Interface, Imparting Training to Internal and External entities

• Co-ordinate with Marketing and Plant to report sustainability before due date.
• Understanding Mustard demand and ensure proper planning to optimize cost as well as smooth availability.

Management of performance, capability and morale

• Deliver and drive savings delivery through focused transformation initiatives.
• Deliver value through supplier deliver programs and employee development (team members) programs.

Digital Transformation and buying analytics

• Develop and deploy insightful digital tools for sharp decision making.

Key Skills

• Knowledge about vegetable oil market, structure, assembly, pricing etc.
• Knowledge of manufacturing processes in a relevant chemical denominated industry
• Analytical skills
• Negotiation, influencing skills and stakeholder management
• Hands on supplier development and people development
• Supply planning and execution skills
• Deep data analysis and forecasting skills
• Strong conceptual knowledge of the sourcing function