
Strategic Sourcing Manager
2 weeks ago
Position Title : Manager Strategic Sourcing, ACG Group (Boughtouts sub-department)
Department: Strategic Sourcing, Corporate Commercial
Base Location: Shirwal Pune
Reports to: DGM Strategic Sourcing
About Us:
ACG is the world's only integrated pharma manufacturing solutions company. We are headquartered in Mumbai , India. ACG has a presence in over 100 countries with its products and services that strive to provide world-class technology across multiple domains. We offer a complete range of solutions beginning with empty capsules; granulation and tablet coating; capsule filling; tabletting; packaging films; blister packing and carton packing to the end-of-line solutions and track and trace systems.
We have an opportunity in ACG Corporate of a Manager Manager Strategic Sourcing.
Job Objective:
- Drive sourcing strategy
- Driving cost reduction thru various initiatives.
- De-risking (alternate source developments / new technology supplier inclusion)
- Commercial settlements & Rate contracts (synergy suppliers and high value parts)
- Vendor Assessment (addition of new vendors)
- Drive digital initiatives / other new initiatives (Analytics / SRM / Me11 & Me12 dev. / MRO Outsourcing / Out-Sourcing etc.)
- Communization of vendor base across Engg companies to increase leverage and derive synergy.
- Vendor evaluation
Primary responsibilities:
Strategic and Planning
- Boughtouts Budget for Engineering & ACGi
- Drive long term strategy
- Business continuity
- Business Rules (review on compliance and drive)
- Inventory Management (Monitor/review & get the actions to reduce free and non-moving)
Functional
(for fulfilling the responsibilities and meeting customer expectations).
- Spend Analysis to understand the major spend part families and identify cost reduction opportunities.
- Identify vendor strengths/weaknesses of existing supplier viz a viz of current business requirement. Plan for addressing the same.
- Scanning of market for identifying suppliers meeting QCD.
- Manage the
- Monitoring new and existing products of various companies which can be adopted by our companies.
- Process orientation and strong in identifying gaps and establishing process in order to bridge the same.
- Awareness of products, functions, manufacturers and their application to our machines. (B/O parts like HMI, PLC, servo, switch gears, motors, geared motors, IPC, Drives, Pneumatics, sensors, bearings etc.)
- Knowledge of SAP MM Module is required to drive various important projects.
- SRM, Online Auctions, etc.
Key Result Areas:
- Drive cost reduction thru various initiatives.
- Identify Cost Savings avenues by the various ways like, Renegotiation, Value Engineering, etc.
- Drive De-risking (alternate source developments / new technology supplier inclusion)
- Commercial settlements & Rate contracts (synergy suppliers and high value parts)
- Vendor Assessment (addition of new vendors)
- Drive new digital initiatives example Sourcing Analytics / SRM / Online Auctions / Online Price revision system, etc.
- Communization of vendor base across Engg companies to increase leverage and derive synergy.
- De-Risking Vendor base by alternate development.
- Communization of vendor base across Engg companies to increase leverage and derive synergy.
- Commercial settlements as per determined authority matrix.
- Identify vendor strengths/weaknesses of existing supplier viz a viz of current business requirement. Plan for addressing the same.
- Monitoring new and existing products of various companies which can be adopted by our companies.
- Lead CFT for various projects
Key Interfaces:
- Internal Interfaces : All ACG Group companies. (ACG Engineering, ACG Insp., ACPL, Packaging).
- External Interfaces : Supplier Partners and Consultants
Desired Competencies:
- ACG Product Knowledge
- Listening
- Purchase Planning
- Strategic Thinking
- Technical Knowledge Bought outs
- Timely Decision Making
- Sourcing Strategy
- Cross Cultural Skill
- Total Cost of Ownership
- Team and People Development
- Vendor Management
- Customer Focus
- Inventory Management
- Delivering Consistent Results
Educational Requirements:
Mandatory BE in Mechanical or Production
Experience Requirements:
- Minimum 12 years experience in procurement / Sourcing function and
- Atleast 5yrs in a similar responsibility /position in strategic sourcing
- Must have worked in Machine manufacturing company
- Exposure/ experience and contacts with suppliers in the similar industry
Basic requirement:
- Experience of working in Machine manufacturing company
- Awareness of products, functions, manufacturers and their application to machines.
- Candidates must have handled Boughtout parts like HMI, IPC, PLC, servos, VFD, Pneumatics, sensors, AHU, Scrubber, De-dusters, ADU, motors, etc)
- Awareness about different vendor sources and brands for the above mentioned parts
- Drive De-risking (alternate source developments / new technology supplier inclusion)
- Lead CFT for various projects.
- Knowledge of SAP MM Module
- Experience of planning and driving the strategic initiatives
- Direct buying experience from OEM / Manufacturers
- Experience of Boughtout Vendor Audit/Evaluation
- Experience of Value Engineering/Cost Reduction projects for Boughtout parts
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