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Head - P&C Materials

2 weeks ago

Navi Mumbai, Maharashtra, India Reliance Industries Limited Full time ₹ 2,00,00,000 - ₹ 4,00,00,000 per year

JOB DESCRIPTION
Job Role: Head - Procurement & Contracting
Job Role ID:

SECTION I: BASIC INFORMATION ABOUT THE JOB ROLE
Job Role Variant: Head - P&C Materials
Manager Job Position: Chief Procurement Officer (CPO)
Job Position ID:
Value Stream: Money, Materials & Compliance
Job Family: Procurement & Contracts
Sub-Job Family: Procurement & Contracts
Grade/Level:
Location:

SECTION II: PURPOSE OF THE ROLE
To conceptualise and oversee the overall sourcing strategy for the assigned unit / projects for various direct material /engineering material procurement to aid in production of quality products and contributing ultimately on growth and profitability targets of O2C business

SECTION III: KEY RESPONSIBILITIES AND ACCOUNTABILITIES OF THE ROLE
Responsibilities

Functional Planning & Strategy

  • Provide inputs in creating the procurement strategy inline with internal guidelines & create Annual Operating Plan (AOP) in consultation with GMS team
  • Oversee end to end execution / implementation of functional plans and track achievement to functional targets/goals as per Annual Operating Plan
  • Collaborate with leadership team to identify new initiatives/ projects and set operational plans that meet these future demands
  • Participate in budgeting cycle & process and provide inputs on budget allocation for own sub-function/ team
  • Oversee deployment of own budget and ensure efficient utilization and minimum variance in target v/s actual
  • Stay abreast of the developments in the domain and identify best practices for in-house implementation
Procurement Operations
  • Achieve the mandated product/spares quality through cost efficient and timely procurement within the budget
  • Collaborate with multiple stakeholders as Business teams, technology teams etc. for implementing cost optimisation/value maximisation opportunities
  • Review exception process against various KPIs and take suitable corrective actions
  • Monitor current inventory levels vis a vis lead time to achieve timely replenishment and maintaining safety stock levels
  • Oversee escalations for timely settlement of supplier related issues, commercial/dispute settlement against claims etc.
  • Provide thought leadership on various developments in GST/tax structure to own team and ensure maximum availment of such prevailing benefits
  • Oversee timely availment of GST credit by own team and intervene for any support needed e.g. relevant documents pending from supplier
  • Review the Master Supplier List (MSL) on a periodic basis and update as per agreed frequency
  • Guide teams to enter into strategic long term contracts with OEMs
  • Facilitate technical services for chemical and catalysts performance enhancement and bring down costs.
Supplier Management & Development
  • Identify potential suppliers for various procurement requirements and ensure adherence to established procedure for supplier evaluation
  • Forge and maintain strong relationship with critical suppliers through frequent connect with their senior leadership team and providing adequate support
  • Review supplier performance inline with their agreed obligations and create improvement plan / provide requisite support as required
  • Communicate feedback on performance to respective suppliers and convey RIL expectations w.r.t performance standards
Policies, Processes and Procedures
  • Create policies, processes, and procedures covering all areas of procurement operations and ensure adherence to relevant procedural / legislative requirements and internal guidelines
  • Promote a culture of innovation and continuous improvement through adapting to changes in standards, changes in the business environment and adoption of leading practices
  • Oversee escalated non-compliance cases and recommend processes to reduce non-compliance
  • Stay abreast of latest developments in technology and provide direction to own team for digital technology adoption and adherence to established guidelines
Risk Management
  • Stay abreast of various risks as geopolitical/supplier/location/currency based risks which could impact critical procurement and develop suitable contingency plans
  • Achieve preparedness of own team to handle unforeseen emergencies such as natural calamities, geopolitical situations etc. to ensure continuity of procurement operations while minimum disruption in plant operations
  • Oversee adherence and compliances towards HSE and RIL guidelines w.r.t all suppliers
  • Oversee the closure of all audit points and ensure agreed actionable are implemented within timelines
People Management
  • Participate in recruitment activities & ensure retention / engagement of own team
  • Set performance objectives of own team, evaluate / appraise team members and provide regular feedback & guidance
  • Guide, mentor and develop own team to take larger and complex responsibilities
  • Evaluate training and development requirements for own team and make recommendations for learning interventions
SECTION IV: SUCCESS METRICS
  • Timely placement of orders
  • Timely procurement and delivery of materials and services
  • On time payment to suppliers
  • Timely closure of audit points
  • 100% compliance to P&C processes, SOPs and systems
  • Training hours for own team
SECTION V: OPERATING NETWORK
Internal: Manufacturing, Business, EXIM, Logistics, FC&A, Technology, Legal
External: Suppliers, Consultants, Freight Forwarders, Shipping Lines

SECTION VI: KNOWLEDGE AND COMPETENCIES
Education Qualifications
  • A bachelors degree in Engineering or equivalent preferably in Chemical/Mechanical/Instrumentation/Electrical
  • A masters degree in management or equivalent is preferred
Experience
  • 25+ overall years of total experience with a minimum 5 7 years in leadership position. Experience in plant O&M/projects is preferred
Functional / Behavioural competencies required to execute the role
Functional Competencies
  • Knowledge of sourcing and procurement strategies, product and industry
  • Experience in digital sourcing and procurement systems
  • Knowledge of prevalent legislative and regulatory requirements
  • Knowledge of standard contractual terms and conditions
  • Commercial acumen (taxes, duties, trade agreements)
  • Business acumen
Behavioral Competencies
NA

SECTION VII: CAREER MOVEMENTS
Feeder Roles: Sr. Team Lead - Materials (for Refinery/Petchem/Polymer/Engineering Material/Project)
Possible Next Role Movement: Chief Procurement Officer (CPO)