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Order Management - Salem

5 - 9 years

0 Lacs

salem tamil nadu

Posted:5 days ago| Platform: Shine logo

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Skills Required

strategic sourcing contract negotiations cost optimization compliance risk management supply chain market analysis budgeting forecasting stakeholder management procurement processes supplier relationships

Work Mode

On-site

Job Type

Full Time

Job Description

As the overseer of the strategic sourcing and procurement processes at a global, regional, or country level, you will be responsible for developing procurement strategies, managing supplier relationships, negotiating contracts, and optimizing procurement operations. Your role will involve ensuring cost, cash, quality, and service optimization, as well as driving added value through strategic sourcing, engineering value, innovation delivery, and risk management. Collaborating with cross-functional teams to ensure compliance with regulations and drive cost savings will be a key aspect of your responsibilities. Your role will involve building, reinforcing, and distributing sourcing strategies that align with internal key functions, as well as leading key contract negotiations and completing cost analyses. Driving savings initiatives while maintaining quality standards, proactively managing supplier relationships, and acting as a strategic business partner and enabler will be crucial to your success. You will also need to build and maintain strong relationships with other group stakeholders, monitor and report on key performance indicators (KPIs) related to your scope, and stay informed about industry best practices and emerging trends. Furthermore, you will analyze market trends and apply this knowledge to make insightful buying decisions, continuously seek procurement process improvements, understand the end-to-end supply chain within your category scope, and ensure that procurement activities comply with laws and regulations. Providing support and mentorship to more junior procurement teams will also be part of your responsibilities. In terms of general responsibilities and accountabilities, you will be accountable for formulating and implementing effective procurement strategies aligned with organizational goals, developing and maintaining full category plans, and formulating budgets and forecasts on spend categories. You will also be responsible for forecasting, identifying, and reporting cost savings, managing risks and opportunities across entities, reporting and monitoring category profile information, supplier performance, and other KPIs, as well as contributing strategically to global strategic processes of sourcing, negotiating, contracting, and procurement. Developing and maintaining strong relationships with key stakeholders, ensuring correlation between contracts, quotes, and purchase requisitions during the validation process, and enforcing all procurement policies and compliance processes will be essential to your role. Additionally, you will need to develop a deep knowledge of the provider's market in your category, their goods, services, and associated risks, provide guidance to the procurement teams, and promote a collaborative working culture within the organization. Your skills and competencies will be crucial in successfully fulfilling these responsibilities.,

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