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Head - Supply Chain
4 weeks ago
Description
of PositionThe Head- Supply Chain is responsible for overseeing and managing company's overall Supply Chain, Procurement and Logistics strategy and SC operations to maximize the process efficiency and productivity.
He/She plays a crucial role in developing and maintaining good business relationships within Supply Chain Network. This role is responsible to Balance Demand and Supply through effective Material Planning, Inventory Management, Direct and Indirect Material Purchasing, Sourcing & Logistics to meet on time Delivery of Goods & Services at Economical Cost with best Lead-time as per Internal/External Customer Requirements within Agreed service Levels.
Roles and Responsibilities
His/her responsibilities are: -
Demonstrates Leadership and creates an inspiring vision of the future. Motivates and inspires people to engage with that vision. Manages delivery of the vision. Coaches and builds a team, so that team is more effective at achieving the vision. Provide Strategic and Leadership inputs / guidance for Company’s business. Work closely with regional and global teams/leaders for effective cross collaboration. Identify cost drivers within supply chain processes, initiate cost saving measures. Drive Continuous improvement projects. Improving Logistics Service Levels managing Quality of service and Reduction in Lead time to meet the expectations of Internal and External Stakeholders and Business demand. Coordinate with EHS/IT/Finance/Legal/HR and other functions as required to ensure compliance with internal and external rules and regulations related to supply chain operations and processes. Identify risks and take preventive/corrective action including communication to relevant stakeholders. Clearly understand the Procure to Pay process flow and set up requirements to support manufacture of complex, highly engineered products; Continually Improve Purchasing systems and processes to deliver greater efficiency. Perform Spend Analysis, Commodity Analysis, Vendor Capacity Analysis, Supply Risk management collaborating with Internal and External Stakeholders to review overall SC strategy appropriately. Develop strategies to make sure that cost savings and supplier performance targets are met - or exceeded. Monitor and forecast upcoming levels of demand, forecast price and market trends to identify changes of balance in buyer-supplier power and act on with best Strategies. Assess, manage, and mitigate Supply risks. Managing Supplier & Service Provider Agreements and Contracts: Draft contract, negotiate with internal, external functional leaders, legal teams, and approving authorities to sign off contracts and renew contracts on time. Focus on inventory levels in line with fiscal year budget. Ensure to achieve balance between Demand and Supply keeping inventory targets in focus. Support management team with all required data analysis and prepare reports for management presentations, in clear and concise communication methods. Managing the Supply Base performance with periodic performance Evaluation, Supplier audits, coordinating with Quality department & Suppliers.Comply with Rexnord Purchasing Ethics and Code of Conduct.
Job Specification: (Education, Training and Experience) B. E, B. TECH MECHANICAL ENGINEERING. 20-23 years in Manufacturing Industry based SCM experience in MNCs. Broad Supply chain knowledge in Steel Market and Manufacturing Services Outsourcing. Demonstrated proficiency in Microsoft Office, particularly Excel and PowerPoint, is required and experience with SAP/ERP systems is essential. Experience in Sourcing of Steel, Forgings and Specialty Steels, Machined components, Special Processes & Indirect Material in Domestics and Global Market. Knowledge of various Quality system methodologies 8D, Lean, 5 Why’s, Pareto Analysis, Six Sigma, PPAP, APQP, Poka-Yoke (Error Proofing), Measurement System Analysis is essential. Project Management Certification, Supply Chain Certifications will be a plus. Experience in Domestics and Global Logistics Operations. Experience in Warehouse/Stores & Inventory management. Competencies / Skills: Highly developed People management skills must be able to manage the teams effectively. Must have strong business acumen, experience, must abide by strong business ethics and Integrity. Strong interpersonal skill, collaborative, and Executive presence. Must possess Conflict resolution, problem solving skills. Must Possess strong decision making and negotiation skills. Must be results oriented. Sound communication skills, both written and verbal, Multilingual. (English, Hindi and Telugu) Must be able to effectively communicate with Cross functional Teams and across All Levels. Ability to work on multiple projects with competing deadlines through project management Skills. Networking and Understanding market dynamics along with business sense. Must have Good Analytical Skills. Ability to gather and analyze data and to work with figures. Commercial Acumen with Domestic Taxation, Global Purchasing Procedures, INCO terms and Logistics. Must possess Total Cost Ownership. Must have Track record of Strategic Sourcing, Best Purchasing ethics and Code of Conduct.L OCATION: Hyderabad.
About Regal Rexnord
Regal Rexnord Corporation (“Regal Rexnord”) is a leading manufacturer of electric motors, electrical motion controls, power generation and mechanical power transmission products and sub-systems, serving customers around the world in the general industrial, consumer, commercial construction, food & beverage, and alternative energy end markets, among others. Regal Rexnord sells its products and solutions to OEMs, through distributors, and directly to end-users. Regal Rexnord is a $7.2B company with 36,000 associates globally.
You may not know it, but Regal Rexnord impacts your life every day. The company’s products enable the fans in HVAC systems that keep us comfortable; the power source that keeps smart buildings running; the agricultural and food service equipment that keeps us fed; and the conveyer systems that keep e-commerce flowing, to name a few of the applications where our products are used.
Regal Rexnord’s business purpose is to create a better tomorrow by energy-efficiently converting power into motion. This means creating innovative solutions while focusing on both customer needs and the company’s commitment to sustainability. The company’s industrial powertrain and automation solutions offerings are an important part of the company's growth strategy. The company’s strategy includes leveraging 80/20 to prioritize all activities, including product excellence, operational excellence and commercial excellence (i) driving organic sales growth through the introduction of innovative new products, with a particular focus on improving energy efficiency, (ii) establishing and maintaining new customers, as well as developing new opportunities with existing customers, (iii) participating in higher growth end markets and geographies, and (iv) identifying and consummating strategic, value creating acquisitions.
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