manager - sourcing

3 weeks ago

Mumbai, Maharashtra, India Colgate-Palmolive Full time

Relocation Assistance Offered Within Country
# 161220 - Mumbai, Maharashtra, India

About Colgate-Palmolive 

Do you want to come to work with a smile and leave with one as well? In between those smiles, your day consists of working in a global organization, continually learning and collaborating, having stimulating discussions, and making impactful contributions 

If this is how you see your career, Colgate is the place to be 

Our diligent household brands, dedicated employees, and sustainability commitments make us a company passionate about building a future to smile about for our employees, consumers, and surrounding communities. The pride in our brand fuels a workplace that encourages creative thinking, champions experimentation, and promotes authenticity which has supplied to our enduring success. 

If you want to work for a company that lives by their values, then give your career a reason to smile...every single day. 

The Experience: 

The Sourcing manager - role is responsible for creating and driving strategic sourcing for all the Raw materials bought with enterprise-wide responsibilities for the procurement strategies of Raw material direct spend categories as well as collaboration with multiple Business Units to secure optimal purchasing opportunities . Strategic business partner, interfacing Quality, Manufacturing and technology(product development) teams of the company, This position is also responsible for driving continuous improvement of procurement processes throughout Colgate India and its subsidiaries and provides expertise to business leaders in planning and implementing supply chain strategies to achieve business goals and objectives. 

Main Responsibilities: 

Procurement planning 

Study trends in Direct for new products or modifications to existing product and Marketing for category business projection 

Examine critical commodity price such as for essential oil, anticipate its movements in the mid to long-term, and the consequent impact on the company's cost structure

Map existing supplier base and analyze the number of new vendors required to be able to generate cost leverages and limit the company's exposure to supply fluctuations

Prepare procurement strategy for the mid to long-term, under the guidance of division category Supply Chain team and India leadership 

Monitoring and Review 

Oversee the e-auction process, monitor the achievement of benchmark prices, and conduct negotiations on a one-on-one basis if the e-auction process is not successful

Review compliance to the established approval matrix 

Track cost of materials ensure achievement of savings targets

Develop and execute risk Mitigation strategy 

Evaluation of suppliers 

Conduct periodic assessments such as Enhanced Supplier Management, and Social ● Responsibility and Security Assessment for existing suppliers 

Identify potential suppliers and evaluate them on technical, financial, supplier market benchmarks, Colgate global quality, and reliability parameters 

Review the terms and conditions before signing the contract with suppliers, including for global contracts, to ensure that company interests have been protected adequately 

Process improvement and change management 

Identify efficiency projects under the Fund to Growth initiative such as buying optimization, import substitution, etc. 

Guide teams towards implementation by setting up a plan and conducting periodic reviews 

Lead the change management process and ensure company readiness to accept and adopt the changes to way of doing business which arise due to the above steps 

Required Qualifications: 

MBA in Operations 

At least 8+ years of experience 

Ability for Cross Cultural collaboration and Influence 

Preferred Qualifications: 

Preferably worked in Cross Country Sourcing in FMCG companies 

Certifications in strategic negotiations, understanding of commercial laws

#CPIL

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