Lead RM Sourcing and Vendor Development

Position Description

Business Division: CSM Agchem

Department: Sourcing

Location: Panoli/ Jambusar

Position Title: Lead RM Sourcing &

Vendor Development

Level: Senior Management

Reporting To: Head

Commercial

Position Purpose

The Lead RM Sourcing & Vendor Development is responsible for developing and implementing key raw material procurement strategies / purchase schedules, ensuring that these strategies / schedules are aligned with organizational objectives while optimizing cost of procurement

Strategic Responsibilities

• Plan, build & execute a strategic sourcing methodology; ensure cost optimization
• Identify and develop vendors for obtaining timely procurement, involved in techno-commercial negotiations and finalize contracts
• Develop strategic partnerships with vendors
• Develop raw material sourcing strategies, vendor identification management; establishing vendor qualification and re-qualification process
• Provide support in assessing supplier quality and develop parameters for choosing the right suppliers
• Plan and implement best practices in supplier quality and vendor development
• Drive identification of supply chain risk and developing mitigation strategies

Operational Responsibilities

• Ensure timely procurement of right quality of raw material and packing material as per business plan
• Ensure procurement cost is well within budgeted cost
• Maximize creditors day by higher credits on inputs and low inventories
• Maintain ARC/AMC of service providers
• Keep track on all legal aspects and ensure compliance with statutory requirements
• Ensure all measures required for maintaining various ISO systems
• Assist in identifying non-moving items as per norms and propose NPA in consultation with Engineering, Packaging Lab & Quality Control department
• Ensure material reconciliation with sub-contractors as per defined frequency and maintenance of proper records for outsourcing
• Facilitate resolution of problems related to misunderstanding or misinterpretation of product specifications or quality standards
• Vendor Development
• Identify materials with vendor development needs
• Consolidate requirement across materials with vendor synergy and collate specifications
• Provide guidance for market scanning of potential vendors
• Float RFI/RFP to identified vendors
• Shortlist vendors and conduct rate negotiations
• Supplier Relationship Management
• Ensure clear supplier segmentation
• Review classification of active suppliers into strategic/ critical/ leverage/ routine segments
• Support supplier performance evaluation
• Provide supplier scores on 'Responsiveness' to assess supplier quality
• Evaluate outcome of supplier evaluation and send automated scorecards to suppliers
• Support supplier risk assessment
• Evaluate outcome of supplier risk scored and take necessary action
• Identify supplier development initiatives
• Basis outcome of supplier performance evaluation and risk assessment, identify development initiatives
• Prioritize initiatives and monitor implementation of initiatives as per annual action plan
• Supplier Quality Management
• Implement quality systems and implementation for product quality consistency with outsourcing partners and suppliers
• Establish annual budget for Sourcing & Vendor Development team and ensure that the team operates within the budget

Financial Responsibilities
People Responsibilities

• Inform & discuss supplier quality related matters with suppliers & internal customers
• Facilitate initiatives for training need identification and building requisite skills & competencies through systematic training & skill-upgradation initiatives for the team
• Actively drive, in conjunction with the Senior Management Team, the performance management process of the team
• Recognize & reward excellent performers & affirm key contributions of employees toward the achievement of goals & objectives 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

• 18 + years of experience in the field of raw material sourcing from India & abroad
• Experience in sourcing chemical raw material from China is essential

Industry to be Hired from

Preferable chemical/pharma industry

Functional Competencies

• Negotiation and Contract ManagementÂÂ
• Supplier and Vendor Relationship ManagementÂÂ
• Supply chain optimizationÂÂ
• Raw Material Market ExpertiseÂÂ
• Collaboration with R&D and ManufacturingÂÂ
• Sustainability and Responsible SourcingÂÂ
• Cost Analysis and OptimizationÂÂ

Interaction Complexity and Team Work

Interaction

Frequency

Purpose of Interaction

Internal:

Head Commercial, Head CSM AgChem LoB Head, Head Manufacturing Strategy, Head Operations, Head Quality Assurance, Head EHS Assurance

As required

Updating the head about the current market trends and familiarizing them with Sourcing & vendor development policies; updating & ensuring delivery of material as per agreed plan

External:

Government Authorities, Vendors, Suppliers

As required

Discussions current statutory requirements

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