Senior Professional - Strategic Sourcing

The Senior Professional - Strategic Sourcing Role is responsible to develop & deploy robust India sourcing - supply base strategies for mechanical commodities (especially fabricated & machined parts, assemblies) used in building paper and packaging machineries.  

The Senior Professional - Strategic Sourcing has to optimize & grow India regional direct materials spend / savings by effectively partnering with business functions to understand the needs, opportunities and accordingly deliver right sourcing solutions from India regional supply base. 

The Senior Professional - Strategic Sourcing has to play a pivotal role in driving improved supply base performance (quality, delivery, responsiveness, cost) and greater supply chain resilience / reliability / predictability by seamlessly executing following key deliverables…

a) Identify, evaluate, develop highly capable - high performing suppliers

b) Consolidate spend and thereby mitigate high risk suppliers

c) Continuously analyze market trends & establish business beneficial contracts / agreements with supply base

d) Dynamically enhance capabilities, capacities, flexibility in supply base / supply chain

e) Build long term relationships with suppliers, internal stakeholders

This position will be based out of BW GCC Chennai office and shall report to India GCC Supply Chain Director

• Understand sourcing needs and scout-screen-short list suppliers
• Conduct comprehensive assessments (Capability, Capacity, Techno commercial, EHS, QMS, Financials etc)
• Execute RFIs / RFPs / RFQs and evaluate supplier proposals using total cost of ownership (TCO) models.

• Negotiate favorable pricing, leadtimes, payment terms, SLAs, general terms & conditions, stocking program, KPIs with new and existing “grow”, “maintain” suppliers

• Lead & drive product & process qualifications, business integration

• Spend Analysis :  Routinely analyse spend data, monitor market trends – macro/micro economic indicators to continuously identify, report cost- lead time - supply chain optimization opportunities and risks 
• Risk Management : Proactively assess supply base / supply chain risks (capacity, capabilities, flexibility, geo-political, financial, operational etc) and implement robust contingency / mitigation plans.   Demonstrate leadership and drive supply recovery during crisis.  
• Cross Functional Collaboration :   Engage early and effectively partner with key business functions (Internal customers, Procurement Operations, Quality, Commodity leaders, Engineering, Finance etc) to optimize procurement cost and enable sustainable sourcing solutions for the business
• Supplier Performance & Relationship Management:  Conduct monthly / quarterly / semi annual / annual performance and business reviews with key suppliers.  Lead / drive / facilitate in resolving issues promptly & improve the outcomes

• Bachelor’s Degree in Engineering / Supply Chain Management / Operations Managements
• Industry recognized credentials/certificates (CPSM/CIPS/CPM/CPIM/CSCP/PMP) - Added advantage  

• Minimum 10 years of hands-on experience in direct material strategic sourcing
• Strong knowledge and proven skills in sourcing mechanical parts (fabricated, machined etc) in India  
• Must have worked in global MNCs. 
• Experience with Capital equipments (machinery) manufacturing MNCs will be added advantage
• Proven track record on the following
  • Identified - evaluated – onboarded – developed highly capable & high performing suppliers
  • Negotiations of contracts/agreements
  • Conducted market research & spend analytics
  • Consolidated supply base
  • Proactively identified and mitigated supply chain risks
  • Delivered measurable cost savings & leadtime reductions, improved pay terms & cash flow
  • Grown regional spend & savings
  • Improved Sourcing / Procurement processes and driven efficiencies, productivity
• Exposure to ERPs & Sourcing platforms, Data & analytic tools
• Strong knowledge & understanding on supply chain domain functions.
• Experience in collaborating with global & regional stakeholders [Procurement Operations, Quality, Commodity leaders, Engineering, Finance etc ]

• Domain Sourcing (Strategic) expertise in Mechanical Commodity
• Technical know-how, Supply base landscape awareness, Costing knowledge in Mechanical Commodity
• Strong interpersonal & leadership skills
• Presentation & articulation skills
• Negotiation & influencing skills
• Supplier performance & relationship management
• Supply base / Supply chain risk management
• User experience in Sourcing ERPs / platforms, Data & analytic tools
• Strategic thinking
• Analytical thinking
• Financial Accumen

• Solutions Problem solving ability

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