Strategic Procurement Manager

1 week ago

Navi Mumbai, Maharashtra, India Reliance Industries Limited Full time

Job Overview

The Strategic Procurement Manager will be responsible for managing procurement and contracting activities for Reliance Industries Limited. This role will involve formulating functional plans, executing day-to-day activities, and driving value engineering initiatives to meet future requirements.

Responsibilities

  • Formulate functional plans and ensure day-to-day execution in line with function standards & regulations
  • Implement new initiatives/projects as per established policies to meet future requirements
  • Provide inputs for improvements in business processes, specifications and best practices
  • Oversee execution of day-to-day project activities and technical performance across project group to ensure compliance with stipulated policies and procedures
  • Drive adherence to best-in-class project management standards through upskilling of employees and deployment of relevant tools and technologies

Global Sourcing and Vendor Management

  • Review material requirement specifications, technical bid analysis reports, ensure timely floating of RFQ and receipt of quotations
  • Collaborate with internal stakeholders to plan and manage requirements for category procurement, and monitor the entire Procure to Payment (P2P) cycle
  • Aim to expedite P2P cycle by optimizing processes and costs in sourcing by using value engineering strategies (clubbing requirements, supply chain diversification, substitution etc.) and contribute to RIL's innovation, efficiency and competitive advantage
  • Provide support to upstream team for deciding sourcing strategy based upon multiple inputs as market intelligence, global events, categorization of materials based upon reliability, urgency etc. and suggest risk mitigation plans
  • Monitor the procurement as per agreed schedule, expedite the supplier inspection strategy and periodically guide downstream team
  • Lead planning for regional sites related to the business and ensure resource availability and zero business interruptions
  • Ensure compliance with relevant policies and procedures and manage risks associated with O&M contracts
  • Implement delegated sourcing, execute compliance with define category strategies for respective site in order to resolve escalated issues related to statutory/audit compliances
  • Monitor effective management of contracts, post-award at the respective sites and drive management of Procurement & Contracts customer interfaces with businesses

Stakeholder Management and People Development

  • Coordinate with internal stakeholders, including operations, engineering, and finance teams, to ensure that the company's facilities are maintained in a safe and efficient manner, and that various activities are aligned with business priorities
  • Coordinate with import licensing team to share required information for obtaining duty benefits by sharing required data, documents etc.
  • Interact with project manager on a periodic basis to resolve any issues for timely execution as per project schedule

Success Metrics

  • Timely placement of orders
  • Timely placement and delivery of materials and services
  • 100% sourcing via RFX
  • 100% order through MSL vendors
  • New vendors developed
  • Value engineering initiatives undertaken for cost saving/process improvement

Operating Network

  • Internal: Process Validation team, FC&A, EXIM team, Project and Site teams, SAP team, COEs, Group Manufacturing Services (GMS), Indirect Taxation team, Legal team, Internal auditors
  • External: Suppliers, Vendors, Auditors, Detailed Engineering Consultants, Government bodies

Qualifications and Competencies

  • Bachelor's degree in Engineering with relevant specialisation as per category i.e. Mechanical/Electrical/Civil etc.; Master's degree in management or equivalent is preferred
  • Minimum 15 years of overall experience in a similar industry and category

Functional and Behavioral Competencies

  • Functional competencies
  • Behavioral competencies

Career Movement

  • Feeder Roles: Team Lead- P&C - Materials
  • Possible Next Role Movement: Head - P&C - Materials

Language Code

en

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