Strategic Sourcing Manager Kama Ayurveda Pvt. Ltd.

5.0 - 9.0 years

0 Lacs

noida, uttar pradesh

On-site

You will be responsible for managing spend analysis for allocated categories and consolidating demand/requirements across business lines. It is essential to stay updated with supplier market trends and innovations to identify changes in balance in buyer-supplier power. Your role will involve developing a strategic supplier base for the assigned categories to create a sustainable competitive advantage for Kama Ayurveda. Collaboration with R&D teams is crucial to identify and arrange raw materials for new product development. You will define and implement category strategies (raw materials) in close alignment with the Procurement Head and develop a yearly negotiation calendar while conducting price discovery exercises. Executing various sourcing processes such as sending RFI/RFQ, conducting auctions, leading price negotiations, and finalizing contracts will be part of your responsibilities. It is important to utilize multiple sourcing levers like supplier costing, value engineering, and consolidation to extract maximum value in terms of price, quality, and timeliness while ensuring TCO comparison for all purchases. Maintaining legal frame/rate contracts and being responsible for supplier management processes including qualification, selection, evaluation, development, and classification are key tasks. Conducting supplier evaluations to enhance relationships with the best suppliers and ensure transparency is also essential. Supporting compliance with relevant legal obligations related to the goods, services, or works to be purchased, such as environmental/health and safety legislation, is part of the role. Identifying and executing cost improvement projects (CIP) to meet sourcing annual targets will be a focus area. As prerequisites, you should hold a Bachelors/Masters degree with a minimum of 5 years of experience in a Procurement/strategic sourcing role, preferably in skincare, beauty, personal care, or the FMCG sector. A good understanding of strategic sourcing practices, experience in running e-rfx, e-auctions, knowledge of the supplier market landscape, proficiency in MS-Excel, and excellent written and verbal communication skills are required for this role.,

Posted 1 month ago

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