Strategic Sourcing Director
18 hours ago
Gionik is a leading recruitment firm with expertise in hiring candidates in mid-senior to executive-level positions across various industries.
We have partnered with a leading monopoly brand in India, an employee-friendly company with a rich history and significant presence in the Indian market for over a century.
Role OverviewThis role comes with excellent company perks, including housing, a car, and club benefits. The successful candidate will be responsible for procuring all direct and indirect materials and services, as well as developing a strategic roadmap for the procurement function.
Responsibilities:- Responsible for all direct/indirect procurement of raw materials, commodities, finished products, components, CAPEX Items and services
- Identification of suppliers both with India and overseas including the development of the alternate supplier base
- Responsible for the entire procure to pay-cycle with validation of business requirements, commercial negotiations (RFQ / Auctions) and timely delivery of agreed quality/specs by the suppliers including contract manufacturers
- Collaborate with key stakeholders to ensure clarity of specifications and expectations of the company
- Understand market dynamics with the Supplier Network in-terms consumer megatrends and new product development in the market
- Track and report key functional metrics to optimize spends and improve effectiveness with validation and re-negotiation of existing terms/contracts
- Foresee alterations in the comparative negotiating ability of suppliers and clients. Prepare control strategies for unfavorable events through analysis of data and perform risk management for supply contracts and agreements
The ideal candidate should hold a Bachelor's/Master's degree in Engineering/Science graduate or MSc or MBA degree in procurement / material management/supply chain management/business administration. A minimum of 15 years of proven working experience in direct/indirect procurement and heading Procurement Function of 800-1000 Crores, since the last 5 years is required.
Key Skills and Qualifications- Strong commercial/negotiation skills with knowledge of costing and tax implications
- Collaboration with internal and external stakeholders with bias for accountability would be a key success metric for the position
- Leveraging the use of technology for automation and digitization
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