Strategic Buyer Capex

2 weeks ago

Mumbai, Maharashtra, India Cipla Full time

Key Accountabilities

I. Establishing best-in-class sourcing strategies for Capex Procurement Categories (Electrical

Equipment's supply and services and contracts).


• Float RFQ, prepare comparative statements, ensure approval as per DOA & follow up for deliveries.

II. Long-term contracts & Savings & Target


• Identify opportunities for Long-term contracts


• Continuous endeavor for cost reduction and achieving savings as per guidelines.


• Performance measures against goal / targets

III. Resolution of transactional issues


• Resolve issues related to local taxes, withholding taxes etc. involves interaction with CFTs like finance and taxation.


• Interaction with vendors & finance for resolving any payment-related issues.

IV. De-Risking & Business Continuity plans


• Anticipate cost escalations and materials/service unavailability and implement the required strategy to ensure the least business risk.


• Continuous Engagement with the CFT team for timely execution of alternate vendor development wherever possible.

V. Build & nurture strategic relations with key vendors to ensure preferential treatment to Cipla in terms of technical assistance, pricing & delivery of materials


• Regularly connect with vendors to ensure correct exchange of information and continuously share their performance and our expectations.


• Providing Vendors, with the upcoming requirement for their proper planning.

VI. Stakeholder Management


• Engage with internal stakeholders including finance, Production, Engineering, Logistics, Import clearance etc. for issue resolutions and ensure concerns are addressed with proper resolution.


• Sustainability Activities as per EHS & CS team guidelines

VII. Site and Vendor Visits
• Field visits (own sites/ vendor sites) if required

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