Strategic Sourcing Manager

2 days ago

Thāne, Maharashtra, India beBeeStrategic Full time ₹ 1,04,000 - ₹ 1,30,878
About the Role

We are seeking a seasoned procurement professional to join our team as a Strategic Sourcing Manager. In this role, you will be responsible for developing and implementing category-specific procurement strategies aligned with business goals, cost-saving initiatives, and sustainability.

Key Responsibilities:

  • Conduct market analysis and supplier assessments to optimize procurement efficiency and ensure best-in-class sourcing.
  • Oversee procurement for various categories, including HR services, learning development, consulting, and market research, ensuring cost-effectiveness and business alignment.
  • Source industrial and manufacturing supplies, including welding materials, workshop equipment, packaging auxiliaries, and technical tools, ensuring quality and cost optimization.
  • Handle contracts for temporary labor and industrial workforce solutions, ensuring skilled labor availability, regulatory compliance, and cost efficiency.

Procurement Strategy & Process Automation

  • Implement platform-based procurement solutions to enhance supplier collaboration, ensure compliance, and drive cost efficiency across sourcing activities.
  • Automate procurement workflows, contract approvals, and payment processes, reducing cycle times and improving operational accuracy.

Supplier Sourcing Strategy

  • Identify, evaluate, and onboard suppliers while ensuring alignment with business requirements and procurement strategies.
  • Conduct supplier audits and manage relationships to assess capabilities, compliance, and long-term performance excellence.
  • Utilize eProcurement tools (eRfX, eAuction, eBidding, SAP) and execute competitive sourcing strategies for cost efficiency.
  • Lead contract negotiations and manage frame contracts, ensuring compliance, risk mitigation, and supplier data accuracy.

Performance Management & Optimization

  • Monitor market trends and pricing fluctuations to identify cost-saving opportunities and enhance supply chain resilience.
  • Implement data-driven procurement strategies while mitigating risks and ensuring business continuity.
  • Ensure compliance with legal, regulatory, and corporate policies while aligning sourcing strategies with business needs.
  • Collaborate with internal teams, Global Commodity Managers, and peer countries to drive synergies and standardization.
  • Measure procurement performance against KPIs, provide reports, and implement continuous improvement initiatives.

Requirements & Qualifications

  • Education: Bachelor's degree in supply chain management or master's in business administration.
  • Experience: 8-12 years in procurement, sourcing, or supply chain management.

Skills & Competencies

  • Strong negotiation and vendor management skills.
  • Excellent analytical, problem-solving, and decision-making abilities.
  • Strong business communication (written verbal) and stakeholder management skills.
  • Ability to work in a fast-paced environment and manage multiple priorities.
  • Proficiency in procurement tools and software (SAP, eProcurement platforms, contract management tools).

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