Responsible for end-to-end supply management of assigned direct material categories, ensuring optimal cost, quality, and delivery performance. The role supports category management initiatives in alignment with procurement strategy and business objectives, under the guidance of the Procurement Lead.
Key Job Accountabilities: -
1. Category Procurement Strategy
• Develop and implement procurement strategies for assigned direct material categories.
• Track global and domestic supply market dynamics and emerging trends relevant to the category.
• Assess short-term and medium-term impacts of market changes on sourcing operations.
• Develop comprehensive supply market profiles for all materials under responsibility.
• Provide strategic inputs for category procurement planning, including: o Vendor landscape o Pricing and cost structures o Contractual frameworks o Lead times o Inventory norms and optimization.
2. Category Management & Buyer Guidance
• Guide and mentor Buyers/Senior Buyers in executing category management activities.
• Conduct category portfolio analysis and classify items as strategic, leverage, bottleneck, or routine.
• Prepare Internal Cost Estimates (ICE) for procurement decisions.
• Consolidate and optimize category-wise spend across the organization.
• Identify and evaluate alternative sourcing options.
• Standardize contract templates and SLAs and obtain requisite approvals.
3. Annual Procurement Planning & Budgeting
• Lead annual demand planning for assigned direct material categories in line with the Annual Business Plan.
• Provide pricing inputs for development of the annual procurement budget.
• Establish a robust basis for pricing through continuous market analysis.
• Review approved budgets and align annual material plans accordingly. • Monitor spend versus budget on an ongoing basis, identify variances, and implement correc