Strategic Sourcing Professional

5 days ago


Rajahmundry, Andhra Pradesh, India beBeeProcurement Full time ₹ 13,20,000 - ₹ 2,01,60,000

Job Summary

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We are seeking an experienced Procurement Manager to lead end-to-end sourcing projects with a focus on value, speed, compliance, and risk management.

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The ideal candidate will have strong expertise in RFPs, contract negotiations, vendor management, and compliance, as well as excellent stakeholder management skills and leadership qualities.

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Responsibilities

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  • Lead sourcing projects from initiation to closure, ensuring alignment with business objectives and compliance with regulatory requirements.\
  • Collaborate with internal stakeholders to understand business needs and negotiate with suppliers, ensuring optimal terms and conditions.\
  • Develop and implement strategies to improve procurement processes, including the identification of opportunities for process improvements and buying channel optimization.\
  • Stay up-to-date with industry trends and best practices in procurement, applying this knowledge to strengthen category management and drive operational effectiveness.\
  • Maintain effective relationships with suppliers, vendors, and other stakeholders, ensuring timely communication and issue resolution.\
  • Ensure compliance with controls, audits, and regulatory obligations across sourcing cycles, and manage contract remediation, including Data Privacy and country-specific terms.\
  • Negotiate and oversee third-party Supplier Control Obligations (SCOs), and identify opportunities for cost savings and process improvements.\
  • Coach and develop team members, providing guidance and support to ensure their success in meeting procurement goals and objectives.\
  • Identify and mitigate risks associated with sourcing projects, ensuring alignment with business objectives and regulatory requirements.\
  • Analyze data and metrics to inform procurement decisions, and develop reports to communicate findings and recommendations to stakeholders.\
  • Develop and maintain relationships with key stakeholders, including suppliers, vendors, and internal teams, to ensure seamless communication and collaboration.\
  • Contribute to the development of strategic plans and initiatives, aligning procurement activities with business objectives and priorities.\
  • Ensure adherence to company policies and procedures, and participate in continuous improvement initiatives to enhance procurement processes and operations.\
  • Perform other duties as assigned by management.\
  • Support the development of procurement talent, mentoring and coaching team members to achieve career growth and success.\
  • Collaborate with cross-functional teams to ensure alignment and effective communication throughout the sourcing lifecycle.\
  • Stay up-to-date with industry trends, best practices, and emerging technologies, applying this knowledge to drive innovation and improvement in procurement processes.\
  • Develop and implement sustainability initiatives, reducing environmental impact and promoting socially responsible procurement practices.\
  • Foster a culture of diversity, equity, and inclusion, ensuring that procurement practices and processes promote fairness and opportunity for all stakeholders.\
  • Participate in professional development opportunities, staying current with industry developments and best practices in procurement.\
  • Contribute to the development of procurement policies, procedures, and guidelines, ensuring alignment with business objectives and regulatory requirements.\
  • Perform analysis and provide insights to support procurement decision-making, and develop reports to communicate findings and recommendations to stakeholders.\
  • Develop and maintain relationships with external partners, including suppliers, vendors, and industry associations, to stay informed about market trends and best practices.\
  • Support the development of strategic partnerships, collaborating with external organizations to achieve mutual benefits and advance shared interests.\
  • Communicate effectively with stakeholders, both internally and externally, to ensure clear understanding of procurement goals, objectives, and outcomes.\
  • Act as a subject matter expert, providing guidance and support to colleagues and stakeholders on procurement-related matters.\
  • Support the development of procurement dashboards and reports, providing insights and analytics to inform procurement decisions and drive business outcomes.\
  • Develop and implement project management tools and methodologies, ensuring efficient and effective project delivery.\
  • Collaborate with cross-functional teams to develop and implement change management initiatives, ensuring successful adoption and integration of new processes and technologies.\
  • Support the development of procurement training programs, designing and delivering content to educate stakeholders on procurement principles, policies, and best practices.\
  • Perform other duties as assigned by management.\


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