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Sourcing Manager

Full-Time Telangana, India
Pharma
Health & Biotech
20 November 2023
Description
  • Definition of ad-hoc sourcing strategy when no category strategy in place (incl. nego-tiation strategy, approval, communication).
  • Accountable for and carefully monitor and support sourcing execution and negotiation
  • Maintain strong information flows back to Sr. Management for opportunities to ag-gregate demand and generate additional leverage.
  • Ensure operational Procurement requests are executed in line with category strate-gies, and in compliance with relevant policies and operating procedures, including preferred supplier agreements. Contribute to overall savings opportunity identification and delivery. Sourcing and supplier relationships management
  • Executing the Source-to-Contract process including respective strategies, ap-proaches, and methods: Preparing and conducting fact-based negotiations. Adapting tactics from a broad portfolio of negotiation strategies to achieve results that support business and Procurement objectives.
  • Proactive assessment of new ways of working, involving innovative scientific & tech-nical solutions by identifying and onboarding the right suppliers.
  • Deriving pioneering strategies by defining clear category objectives, working with analytical data, business team members and market expertise. Aligning strategies to measurable target and clearly conveying them to the organization.
  • Expertise in the . Understanding the respective category market levers, trends and main players as well as internal processes.
  • Cash flow contribution (extending payment terms with major suppliers with / without Supply Chain Finance).Analysing specifications for optimization. Linking specification to customer value, challenging specification confidently. Conveying messages clearly and convincing partners.
  • Understanding of procurement tools and ability to navigate them. Understanding the procurement data structure and procurement classification system for material, services, and suppliers.
  • Understanding and driving the Source-to-Contract process including respective strategies, approaches and methods: preparing and conducting fact-based negotiations. Adapting tactics from a broad portfolio of negotiation strategies to achieve results that support business and Procurement objectives.
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Qualifications
  • University degree Graduation/Post Graduation in business administration, finance, engineering, scientific or technical fields. with English – Preferred. Strong preference for CIPS or similar professional qualification
  • A minimum of 9 years’ hands-on to Procurement experience and contracting experience Solid experience in navigating in global, matrix organizations and across geographies and cultures.
  • Extensive experience in sourcing processes (e.g. RFI/RFQ), negotiation strategies, project management, good communication and collaboration skills as well as market analysis capabilities to drive operational excellence

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