Category Manager

7 days ago

Bengaluru, India Gmmco Full time

We seek a proficient category manager for indirect material category to join our team at GMMCO Ltd. This includes key categories such as capex, IT, logistics, travel & stay and general and admin related expenses. As a Category Manager, you will be responsible for devising and executing category strategies, driving cost optimization, and cultivating robust supplier partnerships. The role demands a proactive and innovative approach to ensure procurement initiatives align with and support overall organizational objectives.

Candidates from EPC Industry Background are preferable.

Key Responsibilities:

  1. Category Strategy Development:

  2. Define and implement procurement strategies for indirect categories, ensuring alignment with business objectives.

  3. Conduct market analysis to identify trends, risks, and opportunities within the assigned categories.

2. Sourcing:

  • Identify, evaluate, and negotiate with indirect category suppliers.
  • Create and execute RFI/RFP/RFQ in collaboration with key internal stakeholders.

  • Perform price discovery for materials and services and identify the right price and suppliers for indirect categories.

  • Supplier Management:

  • Lead end-to-end sourcing processes, including RFQs, supplier evaluation, selection, and contract negotiations.

  • Develop and maintain strong relationships with key suppliers to ensure performance, innovation, and cost optimization.

  • Monitor supplier compliance with contractual obligations and company policies.

  • Cost Optimization and Value Creation:

  • Identify opportunities for cost reduction and value creation across indirect procurement categories.

  • Analyze total cost of ownership (TCO) and implement strategies to achieve long-term savings.

  • Stakeholder Collaboration:

  • Partner with internal stakeholders, including Finance, IT, HR, and Administration, to understand procurement needs and deliver tailored solutions.

  • Act as a liaison between suppliers and internal teams to ensure seamless communication and alignment.

  • Governance and Compliance:

  • Ensure adherence to procurement policies, regulatory requirements, and ethical standards.

  • Drive ethical sourcing practices and sustainability initiatives within procurement functions.

  • Performance Metrics and Reporting:

  • Develop and track key performance indicators (KPIs) to measure procurement efficiency and supplier performance.

  • Prepare regular reports and presentations for senior management.

Qualifications:

  • Bachelors degree in engineering or technology, or a related field. A masters degree or MBA is a plus.
  • Experience of 10+ years as a category manager for indirect material procurement in EPC / Engineering companies / Industrial product companies
  • Professional certifications such as CPSM, CPP are advantageous.
  • Proven experience in indirect procurement, with a focus on categories such as capex, IT, and general and admin, logistics and travel.
  • Strong negotiation, analytical, and problem-solving skills.
  • Proficiency in procurement software and tools.
  • Excellent communication and stakeholder management abilities.
  • Knowledge of market trends and best practices in indirect procurement.

Key Competencies:

  • Strategic thinking and decision-making.
  • Ability to conduct market research consisting of both primary and secondary research.
  • Ability to manage multiple priorities and meet deadlines.
  • Strong interpersonal and leadership skills.
  • Commitment to ethical sourcing and procurement practices.

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