Strategic Sourcing Manager
2 weeks ago
Job Title: Strategic Sourcing Manager
Company: Mahindra Rise
Job Summary:
We are seeking a highly skilled Strategic Sourcing Manager to join our team. The successful candidate will be responsible for developing and implementing sourcing strategies to achieve cost savings and improve supply chain efficiency.
Key Responsibilities:
- Active sourcing to map completion for entire commodity business
- Developing long-term and short-term sourcing strategies considering current and future business needs and industry dynamics
- Carrying out negotiations with suppliers for own commodity and facilitating own team
- Achieving cost saving targets by driving negotiations
- Empanelling vendors as per the targets
- Vendor onboarding by identifying suitable supplier panel, techno-commercial synthesis, and negotiations
- Bringing in industry intelligence in own domain and keeping up with technology trends in own domain
- Presenting key updates, issues to senior management, and seeking support for de-bottlenecking wherever required
- Supporting Supplier Business Capability Building initiative for own commodity
- Anticipating business risk associated with own commodities and relevant industries and proposing mitigation plans
- Actively collaborating with multiple stakeholders (SSU Leadership, Accounts, Business Excellence, Plant Heads, Spares Sourcing Head, Strategic Vendors, Government Agencies) to resolve/anticipate issues and ensure smooth operations
- Participating in various SSU forums to project business indicators, concerns, highlights of performance, and give inputs to stakeholders/decision-making
- Being a role model for Ethics and Integrity as well as demonstration of Sourcing behaviours
- To be amiable, professional, and approachable at all times
Preferred Qualifications:
- Management Consulting
- MBA; Bachelor of Engineering
Experience: 12-18 years of experience in Strategic Sourcing
Critical Experience: Commodity buyer of high value commodity with exposure to Multi commodity
Skills:
- Analytical Thinking
- Service Orientation
- Influencing Skills
- Project Management
- Project Planning & Execution
- Risk Analysis
- Conflict Management
- Sourcing
- Industry Analysis
- Negotiation
- Team Management
- Cost Management
- Cost Optimization
- Vendor Empanelment
- Vendor On-boarding
- Cost Benefit Analysis
- Techno-Commercial Negotiations
- Industry Intelligence
- Trend Analysis
- Capability Development
- Strategic Sourcing
- Capability Building
- Risk Management
- Stakeholder Management
- Performance Analysis
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