04 Aug
|
Fortrea Development India Private
|
Bengaluru
04 Aug
Fortrea Development India Private
Bengaluru
Summary of Responsibilities:
- Lead the development, management, and execution of category strategies to support Fortrea s strategic imperatives and mission.
- Partner with leaders across the enterprise to provide productive and effective category strategies and preferred suppliers.
- Manage multi-functional stakeholder teams on strategic sourcing initiatives, driving value through supplier relationship management.
- Conduct regular contract review meetings with suppliers and key stakeholders to ensure performance meets expectations.
- Cultivate a robust team environment and service culture to deliver timely and quality services.
- Own and manage the end-to-end Source to Contract process for assigned categories, ensuring compliance and regulatory reporting.
- Develop, monitor, and analyze procurement metrics and spend analytics to identify opportunities for improvement.
- Conduct market research and analysis to identify potential suppliers and negotiate favorable terms and pricing.
- Ensure compliance with company policies, industry regulations, and ethical procurement practices.
- Deliver savings and value targets across multiple dimensions, including material deflation and cost optimization.
Qualifications (Minimum Required):
- Bachelors degree in Business Administration, Supply Chain Management, or a related field; MBA preferred or a related field.
- A deep knowledge of sourcing processes, market trends, benchmarks, and best practices across categories under management.
- In-depth knowledge of category strategy, management and sourcing, methodologies, and best practices.
- Proven analytical skills and demonstrated ability to solve complex problems to drive value.
- Deep business and financial acumen and strong strategic and conceptual skills.
- Demonstrated excellent written and verbal communication skills.
- Demonstrated organizational, time management, and multi-tasking skills.
- Working knowledge of data analysis and forecasting tools and ability to develop actionable insights from data.
- Interpersonal skills and ability to build, develop and maintain trusted relationships both internally and externally.
- Attention to detail and accuracy in analysis.
- Ability to make decisions and commit to completion dates.
- Ability to troubleshoot issues of high complexity.
- Microsoft Office365 (Word, Excel, PowerPoint, Outlook, Teams, SharePoint)
- Fortrea may consider relevant and equivalent experience in lieu of educational requirements.
Experience (Minimum Required):
- Bachelors degree in Business Administration, Supply Chain Management; MBA preferred or a related field.
- 10+ years of experience in procurement or strategic sourcing roles or allied fields
- Strong negotiation, communication, and project management skills.
- Ability to work autonomously and operate with significant autonomy
- Proficiency in procurement software and data analysis tool
📌 Clinical Strategic Sourcing (Bengaluru)
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