
Team Member
3 days ago
**Position Description**:
**Business Division**:
CSM Agchem
**Department**:
Project Purchase
**Location**:
Vadodara
**Position Title**:
Team Member - Capital Purchase
**Level**:
Junior Management
**Reporting To**:
Lead - Capital Purchase
**Position Purpose**:
Team Member - Capital Purchase is responsible for developing procurement strategy and its successful execution & have exposure of Capital Equipment Procurement & Contractor finalization for Project & Revenue Job so as to leverage best-in-class suppliers, Services, processes and products to enable a competitive advantage
**Strategic Responsibilities**:
- Drive strategic sourcing initiatives and implement key purchase / procurement strategies, contingency plans for all indirect material for production, maintenance and repairs
- Service Contract Finalization for Project & Revenue
- Develop strategic partnerships with vendors
- Provide support in assessing supplier quality and develop parameters for choosing the right suppliers Ensure cost effective purchases of materials by executing a robust cost optimization strategy
**Operational Responsibilities**:
- Maximize annual rate contracts of indirect purchases so as to reduce number of transactions Identify higher consumption items and converting them in long term contracts
- Spend analysis and detailed Commodity study for indirect purchases - Spares and services Benchmarking and Implementing best practices in procurement, contract management, Vendor consolidation and vendor management
- Reduce the use of non-strategic suppliers, and move the procurement activities upstream in the lifecycle of a solution
- Inventory management - Vendor Managed inventory IT initiatives related to procurement
- Alternate supplier development; including import substitution, OEM supplies Value engineering - alternate materials in collaboration with Engineering team Evaluation & implementation of energy savings initiatives
- Contracting - Project, Capex, Opex & Logistics spend
- Performance & SLA monitoring of Supplier & Service provider & driving initiatives to improve performance Process reengineering - Opex, Logistics & Warehousing
**Financial Responsibilities**:
- Drive cost savings as Strategic sourcing initiatives
**People Responsibilities**:
- Regular interaction with plant commercial team
- Facilitate initiatives for training need, identification and building requisite skills & competencies through systematic training & skill-up gradation initiatives for the team
- Actively drive, in conjunction with the Senior Management Team, the performance management process of the team
- Inspire & motivate employees through demonstrated commitment to PI’s values, vision & mission and active participation in various team engagement activities
**Education Qualification**:
- B.Tech/B.E. - Mechanical/ Chemical
- PG - MBA/PGDM Graduate (Supply Chain/ Operations)
**Work Experience**:
- 10-15 years of experience in Strategic sourcing, Indirect Material procurement, Revenue Purchase, Supply Chain
**Industry to be Hired from**:
- Preferable chemical/ Pharma industry
**Functional Competencies**:
- Excellent Knowledge of Strategic sourcing
- Excellent Knowledge of Procurement Processes (demand forecasting processes, vendor empanelment & management, rates negotiations, vendor performance management)
- Good Knowledge of Indirect materials / services forecasting, budgeting and procurement processes and procedures (for example, marketing spends, HR spends, IT, facilities, capital goods)
**Interaction Complexity and Team Work**:
**Interaction
**Frequency**
**Purpose of Interaction**
**Internal**:
Head Sourcing, Head Engineering, Lead Stores, Finance Controller
As required
Updating the current market trends and familiarizing them with Procurement policies; updating & ensuring delivery of material as per plan
**External**:
Vendors, Supplier
As required
Negotiating and closing vendor contracts, Addressing specific vendor issues
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