Position Title: Lead Commercial - Travel & Events
Designation : DGM/ Sr Manager
Division: Lifestyle
Department: Commercial
Location: Thane
Reports to: Head Commercial
KEY PURPOSE OF THE JOB (POSITION SUMMARY) :
The position shall be responsible for the Procurement of T&E for PAN India locations (Offices & Manufacturing sites) & Independently manage approx. 80+ Cr Spend, 100+ Suppliers & 100+ events in a year. The position shall be responsible for developing procurement strategies for a given category, Identifying supplier base, commercial negotiation & contracting with Vendors/service providers and ensuring compliance to contracts. The position will lead commercial activities for the following major categories:
- Group Travel for MICE ( Meetings, incentives, conferences, and Events/exhibitions/Trade shows )
- End to end Event Management for Trade shows, Exhibitions, Townhall, R&R etc
- Travel Management Companies ( TMCs ),Airlines
- Ground Transportation/ Fleet Management - Car Hire, Bus Hire, Ambulance Hiring
- Hotels & Service Apartments
- Forex, Travel card, BTA/CTA etc
- Travel & expense automation thru digitization
KEY TASKS & RESPONSIBILITIES :
- Lead the Procurement of T&E category
- Develop Category Strategy
- Specify sourcing events
- Receive purchase requisitions from Users
- Based on the Category strategy, identify possible vendors from whom the required items can be sourced
- Prepare and release the Request for Quotation(RFQ)/RFI/RFP to the short-listed vendors
- Obtain offers from vendors, and prepare a comparative statement to aid in the selection of vendors, optimization of price and other commercial terms
- Coordinate technical evaluation and carry out price evaluation of quotes
- Develop Internal Cost Estimates for all respective category items
- Prepare the groundwork for negotiation and selection of suppliers for the assigned items
- Negotiate and finalize price for items covered
- Negotiate long term contracts with strategic suppliers to ensure best cost, reliable supply & service support
- Set up Agreements and SLAs with the finalized vendors, specifying finalized rate, quantity, specifications, delivery schedule etc.
- Review implementation of new agreements
- Manage effectively, capital and revenue expenditure within the budgets set, in order to deliver both cashable and non-cashable savings against agreed targets
- Achieve agreed saving targets
- Manage supplier relationships at working level
- Manage positive vendor relationships at the working level to ensure continual support, cost Effective and quality procurement.
- Ensure identification and classification of Vendors on the basis of criticality, tenure of relationship, cost bargaining power and track record of performance on quality and timelines
- Setup and implement Supplier Relationship Management with key vendors
- Supplier performance assessment in terms of cost, quality, delivery and compliance
- Propose and implement Supplier capability development/enhancement
- Maintain coordination with user functions
- Closely monitor post-award contract management
- Enforce supplier feedback mechanism for improvement
- Interface with business units and back-office functions to maximize cost reduction benefits while maintaining or improving customer service and quality
Category Excellence :
- Use technology extensively to increase efficiency & control costs
- Tracking and analyzing spend data & other KPI across categories
- To establish standard reporting system, MIS formats and ensure timely preparation of the same by the team
- To be in touch with latest developments & best practices in the market
- To establish and implement methods and best practices related to the systems and process
- Use the SAP/sourcing platform to drive efficiency and cost optimization in the entire procure-to-pay process
- Focus on usage of technological tools like e-auction/ reverse auction/ Catalogue/Small buy etc to improve efficiency, bring down costs and improve transparency
- Uphold ethical values in procurement dealings and operations, in line with corporate values.
EDUCATION AND EXPERIENCE REQUIRED :
Education: Post graduation in Travel & Tourism/Hospitality or Bachelor in any steam + Certificate course from IHM
Experience: 15-20 Years ( Prior experience in Travel Industry / Hospitality /Large scale event management is must )
COMPETENCIES REQUIRED
- Sound knowledge of T&E category
- Excellent Negotiation and contracting skill
- Commercial skills - Costing, pricing, Taxation etc
- Tech-savvy / Digitally immersed
- Analytical Thinking & Decision making
- Strong interpersonal skill
- Ownership and accountability
- Driving Business Excellence
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