Assistant Sourcing Manager
2 days ago
MAJOR JOB DUTIES AND RESPONSIBILITIES (List in order of importance)Strategic SourcingThe role will be responsible as a seasoned category buyer who can handle Supplier negotiations, Contract Management, Supplier mentorships, Supplier relationship management, S2C , Stake Holder Management , Risk Management & Category Management.Market research for Indirect commodities, can handle Global subcategories individually.Responsible for market assessments, prequalification, and RFQ processesIssue inquiries (RFQ), evaluate received quotation and negotiate commercial terms. Select the most appropriate suppliers, through the definition and analysis of objective criteria, to meet the needs of the business.Achieve systematic and sustainable cost reductions through strengthened spend and category management processes.Manage and run renegotiations with relevant suppliers for any contract renewals.Manage supplier relations, monitor performance, initiate and follow up supplier development activities and improvements.Maintain contract archive system.Ensure compliance with company guidelines, purchasing policies and procedures.In cooperation with the global category manager identify new areas for improvements, identify cost reduction.Evaluating supplier core competencies and competitive positioning using industry cost models and bench-marking analysis.Managing the fundamentals of sourcing and supplier engagement activities including RFx, spend pattern analysis, contract analysis, bid evaluation, auctions, negotiations, and supplier consolidation.Process requests as per requirement – meet and exceed KPIs defined/set parameters.Deliver tasks as per Service Level requirements specified by the Business Unit/Center/Stakeholder.Upskill process knowledge from time to time.Able to work in a team – understand role in team - help accomplish team goals and objectives – meet and exceed stakeholder objectives/goalsDeveloping, implementing and managing robust market analyses / bench-marking processes; leveraging key-insights to inform and support the category strategy development process.Business PartneringPartner with leadership teams in exploring & identification of cost saving opportunities.Identifying the opportunities of centralized sourcing in place of standalone sourcing and avoiding the maverick spend.Establishing strong relationships with internal business stakeholders; building a strong understanding of strategic business direction, requirements and priorities across assigned suppliers and/or spend categories.Uphold VWR Culture, Values at all timesWillingness to work in any shiftFlexibility for any lateral movement amongst the various Business FunctionsWorking with business and finance colleagues to identify and drive savings and controllership improvements, focusing on total cost of ownership.Providing guidance to internal stakeholders on procurement strategies; maintaining procurement ethics in accordance with Avantor’s global policies.Act as
Finance Business Partner
for indirect sourcing Operations team, understanding the key priorities of business/function and providing insights with forward-looking analysis on indirect spend. Initiate discussions/reviews with business partners to enable them in taking key business decisions.Understanding & Providing In-depth analysis of indirect spend analytics at global level by supplier, region, categories, and by other types using AFO,SAP & QlikView etc. Identifying & proposing productivity opportunities.Analyzing trends & providing proactive
recommendations to the leadership
team by highlighting potential business risks & opportunities.Partner with Finance/Operations leadership on
ad hoc projects
/reporting as per the ongoing business requirements.Assessing the existing KPI’s/reports of assigned businesses/functions,
identifying the gaps
in current process, proposing necessary changes to business partners and playing an active role in implementing the proactive mechanisms in measuring & driving business results.Driving Key ProcessesPartner with FP&A team & accounting team in avoiding wrong allocation of costs.Actively involve in performance
review discussions
with Finance/Operations leadership teams and providing necessary suggestions to the leadership team on the way forward approach.Assisting finance leadership in driving the key
business-specific /global initiatives
.If required able to map the existing processes & implement efficiency improvement measures with new processes.Operational/Functional ExcellenceClosely Working with leadership teams in adopting the
ABS practices
for Strategic Sourcing.Collaborate with other team members, identify & implement process simplifications/ improvements. Adopt the
best/standard practices
across teams.Prepare necessary
process documentation
of all the deliverables and periodical review of the existing documentation and make necessary changes to ensure the latest business changes are incorporated.Prepare financial analysis for various
“what if” scenarios and sensitivity analysis
in analyzing the business impact.MentoringCoach and mentor new team members
to make them successful in their respective role by assisting them in new transitions, having knowledge sharing sessions etc.QUALIFICATIONS (Education/Training, Experience and Certifications)Master’s degree in Materials Management or bachelor’s degree in science/commerce/engineering/economics with relevant experience in Indirect Spend Strategic Sourcing.Minimum 8-10 years of experience Indirect Spend Strategic Sourcing (S2C), preferably in
MNC’s Captive Finance Shared Services
Organizations/Global Centers or in Indian reputed manufacturing companies.Prior experience in
Working with Pharma
companies preferred.Six Sigma or
Lean training
preferred, but not mandatory.A working knowledge of the
wide-ranging aspects
of finance such as FP&A, Accounting, Integrated Supply Chain & Costing.Experience in leveraging financial and business systems to monitor business activities and aid in decision making.KNOWLEDGE SKILLS AND ABILITIES (Those necessary to perform the job competently)Transformation mindset
- Open to accept, adopt, absorb the change in way of working, structure and Content.Comfortable working in a
matrix environment
with multiple stakeholders. Ability to work with executives, managers, and stakeholders from various regions/functions.Excellent interpersonal, communication, analytical skills; demonstrated leadership abilities, and the ability to manage multiple priorities of the leadership in a highly
dynamic & fast paced environment
.Ability to explain the business performance with the data.Computer Proficiency with strong ERP knowledge preferably SAP, MS Office, Tableau, Alteryx, QlikView & HFM.Strong affinity with
LEAN processes
and tools.Strong interpersonal, communication skills.Independent, self-starter, highly motivated.The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, skills, efforts or working conditions associated with a job.Disclaimer:The above statements are intended to describe the general nature and level of work being performed by employees assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of employees assigned to this position. Avantor is proud to be an equal opportunity employer.Why Avantor?Dare to go further in your career.
Join our global team of 14,000+ associates whose passion for discovery and determination to overcome challenges relentlessly advances life-changing science.The work we do changes people's lives for the better.
It brings new patient treatments and therapies to market, giving a cancer survivor the chance to walk his daughter down the aisle. It enables medical devices that help a little boy hear his mom's voice for the first time. Outcomes such as these create unlimited opportunities for you to contribute your talents, learn new skills and grow your career at Avantor.We are committed to helping you on this journey through our diverse, equitable and inclusive culture which includes learning experiences to support your career growth and success. At Avantor, dare to go further and see how the impact of your contributions set science in motion to create a better world.
Apply todayEEO Statement:We are an Equal Employment/Affirmative Action employer and VEVRAA Federal Contractor. We do not discriminate in hiring on the basis of sex, gender identity, sexual orientation, race, color, religious creed, national origin, physical or mental disability, protected Veteran status, or any other characteristic protected by federal, state/province, or local law.If you need a reasonable accommodation for any part of the employment process, please contact us by email at and let us know the nature of your request and your contact information. Requests for accommodation will be considered on a case-by-case basis. Please note that only inquiries concerning a request for reasonable accommodation will be responded to from this email address.3rd party non-solicitation policy:By submitting candidates without having been formally assigned on and contracted for a specific job requisition by Avantor, or by failing to comply with the Avantor recruitment process, you forfeit any fee on the submitted candidates, regardless of your usual terms and conditions. Avantor works with a preferred supplier list and will take the initiative to engage with recruitment agencies based on its needs and will not be accepting any form of solicitation
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