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Titan Company
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Lead - Sourcing

Lead - Sourcing

Titan Company

14 - 17 years

8 - 12 Lacs

Hosur

Posted:1 month ago| Platform:

Apply

Skills Required

strategic sourcing sourcing strategy sourcing procurement supply chain management cost reduction contract management purchase vendor development management supply purchase vendor development purchase management vendor development

Work Mode

Work from Office

Job Type

Full Time

Job Description

Job
Objective of the Role Drive Strategic Sourcing Excellence and Deliver Sustainable Value
Major Roles and Responsibilities:
1.The Role is to develop Strategic Planning, Annual Planning, Cost Reduction Program at Sourcing in line with the Business verticals like Mainline, Premium, SMART, etc. 2.Define and Develop sourcing strategy for respective categoryProducts Portfolio 3.Vendor Relationship Management & People ManagementCompetency building, Succession Planning, Training intervention, and R&R Program 4.Market intelligenceSupply Market analysis / Market insights & Analysis 5.Drive Digitization and Digitalisation Initiatives at Sourcing 6.Compliance Management 7.Risk ManagementIdentify risks through Key Risk indicators and mitigation planning! 8.Develop Cost structure analysis, Bench Marking, and provide clarity to the eco system on Design \u2013 Quality Std. \u2013 Cost 9.Product Life cycle Management, & Inventory Management 10 Create and Develop Analytics Cell within Sourcing function Work Experience
EducationEngineering (14 to 17 years of experience) / Engineering & Postgraduate in Supply chain Management or Operations (10 to 13 years of experience) ExperienceProduction, Procurement, Product Management and Quality (Dominant experienceSourcing or Direct components Procurement)
Knowledge:

Understanding about Supply chainValue chain

ProcurementBest Practices, processes and Technologies

Demand & Delivery Planning Process

New Product Development Process

Product / Category knowledge

Market intelligence

Contract Management

Legal, Statutory and corporate governance

Product Cost / Commercial aspects

SAP / ERP

Analytics / BI

Performance Metrics

Risk Assessment

Bench marking

Inventory Management

Technology & Innovation

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Titan Company

Consumer Goods - Watches and Jewelry

Bangalore

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Lead - Sourcing