Senior Manager - Procurement - Global Sourcing Firm

Position Objective : The primary purpose of the role is to ensure global vendor selection and development, techno-commercial evaluation, negotiation and price finalization. Cost Contract Management.

Principal Responsibility:

Develop the Sourcing Strategy & Plan:

- Design competent sourcing strategies for the market to increase the efficiency and effectiveness of the Lighting BU.

- Define the guidelines for supplier/vendor selection and ensure the quality guidelines defined by Company are adhered to.

- Focus on the Total Cost of Ownership (TCO) incorporating customer needs, organizational goals, and market conditions.

- Develop and monitor the annual operating plan for BU material requirement , considering internal and external factors

- Develop, review & authorize annual sourcing forecasts & material procurement strategy

- Define the plan to monitor supplier performance and periodic supplier evaluation.

- Review and Monitor Sourcing Strategy & Plan:

- Monitor the identification and assessment of suppliers and selection of new / existing suppliers.

- Define supplier standards as per BU product requirements and communicate requirements to key suppliers

- Ensure maintenance of supplier master data and identification of preferred and secondary suppliers

- Monitor supplier performance and periodic supplier evaluation and ranking

- Approve the renewal of C&F agents agreements, transport agreements with contracted carriers and development of service level agreements

- Monitor supply market analysis & ensure stock prices are monitored in the commodity market for critical raw material

- Review the calculation of the deviation between planned & actual - delivery time, quantity, quality and the conduct of root cause analysis

- Monitor follow-up for the critical items till they are delivered as per the delivery schedule.

- Cost Reduction:

- Identify cost reduction opportunities in materials sourcing across international geographies.

- Drive cost savings through effective negotiations with materials and logistics service providers.

- People Management:

- Supervise, manage & lead the team members towards achieving the department objective and periodically monitor their assigned job duties.

- Design training sessions for maintenance dept. staff as well as machine operators on better machine handling

- Ensure manpower planning at plant level for the department and ensure minimum or no delays due to absence of manpower

- Train and coach departmental employees on functional and technical competencies

- Devise an Individual Development Plan for each of the employees post the performance appraisal discussions.

Key Interfaces:

- Internal Interfaces:

Sales and Marketing, HR and Admin, Logistics, Material Control Department,

Production, Quality, Design, Accounts.

- External Interfaces:

- Vendors and suppliers, Global Procurement Websites, Government agencies.