Strategic Procurement Specialist

3 weeks ago


Mumbai, Maharashtra, India Archroma Full time

Job Overview

As a Strategic Procurement Specialist, you will bridge the gap between regional teams and global strategies at Archroma. Reporting to the Regional Procurement, you will manage strategic procurement aspects, including spend, cost reductions, vendor management, working capital, risk management, and sustainability.

Key Responsibilities

  • Identify and execute cost reduction measures for the respective region or as assigned by GCM.
  • Develop new suppliers for existing and new raw materials.
  • Build a bridge between regional needs and global category strategy, influencing regional needs in the category strategy while executing the category strategy in the region.
  • Define, align, and implement regional sourcing strategies for the respective categories with cross-functional teams.
  • Complete supply agreements with favorable conditions in terms of pricing and supply security.
  • Conduct risk assessment for the regional category and define clear mitigation action plans.
  • Recommends acquisition of strategic inventory/VMI for the region.
  • Monitor market pricing trends of key raw materials and feedstock for the category in the region.
  • Manage supplier performance, vendor onboarding, and compliance for the respective category.
  • Provide input for monthly reports with market updates, price developments, key initiatives, problems, and achievements.
  • Drive sustainable sourcing agendas for regional categories.
  • Manage purchasing processes in compliance with business strategies and sustainability requirements.

Requirements

  • Degree from Indian Institute of Packaging and IMDG Certification with 10 to 15 years' experience.


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