Manager - Strategic Sourcing

Job Description

Designation: Manager - Strategic Sourcing Location : Mumbai HO Roles & Responsibilities: Lead the Strategic Sourcing for the aforementioned categories Responsible for budgeting and driving cost improvement initiatives in the categories handled Provide support to New Product Development (NPDs) function by helping them to develop vendors in the categories Effectively partner with R&D team to cull out opportunities & bring our possible improvement/savings on the final products Monitoring and controlling share of business among existing suppliers Ensuring proper handshake with the Procurement on any Vendor Escalations related to Quality/Supply Periodic Cost Rollout for components where there is a periodic RM price variation Negotiation with vendors for new materials / components or renegotiation for existing items Explore opportunities for cost optimization through sourcing from reliable sources and negotiate for the best delivery conditions including price, quality and delivery for the categories handled Develop strong supplier base for these categories for existing and upcoming products Work on developing new vendors / alternate vendors who can supply as per GCPL specifications and quality/ delivery Analyze and provide market intelligence related to the categories handled to take better decisions. Initiate Process improvements around the E2E sourcing process for individual categories Would be responsible for IT and Digitization Initiatives around the categories handled Educational Qualification: Post-Graduate / MBA in Supply chain/ Operations (Preferable) or Degree in Packaging Technology Engineering Degree (Mechanical / Electrical/ Chemical) from an institute of repute Experience: Experience in strategic sourcing and vendor development will be an added advantage. 5-7 years of experience in Sourcing/Procurement in FMCG preferably in Flexible packaging. Knowledge of technicalities of flexible packaging and demand /supply/vendor market landscape in FMCG context would be an added advantage Skills: Strategic mindset aligned to the short term and long term goals of the function and organization Commercial acumen and ease of use of data/excels/analytics is must Must have done negotiations in an operating role Experience in dealing with third party manufacturing / sourcing will be preferred Sound knowledge of chemical industry, its dynamics, cost drivers etc Willing to travel frequently to plant and vendor locations Good analytical skills, negotiation skills, business orientation and ability to influence business partners and stakeholders. Excellent inter-personal skills Proficiency in MS Office, especially Powerpoint and Excel including extensive use of MIS and cost sheets, data consolidation and segmentation etc