Strategic Sourcing Manager

1 month ago


Noida, Uttar Pradesh, India Kama Ayurveda Pvt. Ltd. Full time
Job Description

As a Strategic Sourcing Manager at Kama Ayurveda Pvt. Ltd., you will be responsible for managing spend analysis for allocated categories, consolidating demand/requirements across business lines, and keeping abreast with supplier market trends and innovations.

Key Responsibilities:

  • Develop strategic supplier base for assigned categories to create a sustainable competitive advantage for Kama Ayurveda.
  • Work closely with R&D teams to identify and arrange raw materials for new product development.
  • Define and implement category strategies (raw materials) in close alignment with the Procurement Head.
  • Develop yearly negotiation calendar and conduct price discovery exercises.
  • Execute sourcing processes, including sending RFI/RFQ, conducting auctions, leading price negotiations, and finalizing contracts.
  • Utilize multiple sourcing levers (supplier costing, value engineering, consolidation, etc.) to extract maximum value (price, quality, and timeliness).
  • Ensure TCO comparison for all purchases and update/maintain legal frame/rate contracts (contract management).
  • Responsible for supplier management processes (qualification, selection, evaluation, development, classification).
  • Conduct supplier evaluations to develop the best suppliers and ensure transparency.
  • Support compliance with relevant legal obligations relating to the goods, services, or works to be purchased.
  • Identify and execute cost improvement projects (CIP) to meet sourcing annual targets.

Requirements:

  • Bachelor's/Master's degree with minimum 5 years of experience in a Procurement/strategic sourcing role(s), preferably in the skincare, beauty, personal care, or FMCG sector.
  • Good understanding of strategic sourcing practices and experience in running e-rfx, e-auctions (preferable).
  • Good understanding of supplier market landscape.
  • Good knowledge of MS-Excel.
  • Excellent written and verbal communication skills.


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