Key accountabilities:
• Responsible for tracking daily/ weekly/ monthly markets and gather information on supply & demand and price determining factors
• Responsible for providing price trends, forecasting and taking buying decision for most competitive buying and devise a long-term strategy for sustainable sourcing
• Responsible for development, leading and executing procurement strategies and negotiation of contracts to maximize the benefit to organization
• Perform cost benefit analysis and benchmarking of the market and competition to find cost saving opportunities
• Responsible for the yearly budgeting activity for all responsible categories in the portfolio and corresponding cost saving initiatives
• Project management for identified initiatives in the category with time bounds and result oriented approach
• Knowledge of sourcing basics
• Vibrant mindset to bring in new ideas of savings and innovation
• Understanding of the key industry suppliers, regional demand factors, environmental factors
• Sound knowledge of the commercials/Cost Model understanding of production items, impact of the change in policy/commodity prices of cost and availability etc.
• Understanding of Marco & Micro economic factors impacting categories
• Legal Contract management Internal: All departments – Planning, Quality, Finance, RnD, NPD, Legal, Marketing among others External: Consultants, Vendors, Industry Experts Qualification:
• MBA (Supply Chain Management / Marketing / Agri-business)
• 2-5 years of experience in sourcing or related functions
• Strong project management & interpersonal skills
• Strong analytical, data management skills, AI Skills
• Expertise in Vendor management, contracting and new Vendor identification, Contract management & approval
• A proven track record of delivering cost savings though negotiations and innovation
• Excellent analytical, presentation, communication and Cross-Functional management skills
• Self-driven & Ability to driver solutions and drive results through BCP and Cost Saving
• Ability to work under pressure in a dynamic environment
• Adaptability, Positive attitude, Proactive, Perseverance, tough-mindedness and ability to influence
• Demonstrates solid team working abilities and commitment
• Strong individual performer and the ability to work autonomously while contributing effectively to a team
📌 ISC Corporate | Procurement | Direct Materials | Team Member 1 (India)
🏢 Jubilant Corporate
📍 India
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