Sourcing, Procurement & Vendor Management
- Identify, evaluate, and develop reliable vendors for quality, cost-effectiveness, and timely delivery.
- Ensure adherence to approved vendor lists and company procurement policies.
- Lead negotiation of high-value contracts for materials, services, and equipment.
- Drive strategic sourcing efforts, including supplier identification, evaluation, selection, and onboarding.
- Develop and implement sourcing and negotiation strategies for major spend categories.
- Analyse supplier proposals, identify negotiation levers, and ensure best value outcomes.
- Draft and redline contracts; oversee risk mitigation, compliance, and legal terms.
- Build and manage long-term supplier partnerships; define KPIs and conduct performance reviews.
- Drive margin improvement, order fulfilment, cost optimization, and process improvement.
- Resolve disputes and manage escalations with commercial and legal acumen.
- Coach, mentor, and train other sourcing/procurement team members.
- Manage supplier relationships globally, fostering innovation and continuous improvement.
Material Planning & Inventory Control
- Coordinate with production and planning teams to forecast material requirements.
- Maintain optimal inventory levels to prevent stock-outs and overstock situations.
- Monitor slow-moving and non-moving inventory and initiate corrective actions.
- Ensure timely GRN (Goods Receipt Note) and reconciliation of stock discrepancies.
Cost & Process Optimization
- Implement cost-saving initiatives in procurement without compromising quality.
- Support automation, SAP/ERP data accuracy, and continuous improvement in SCM processes.
- Analyze spend data and prepare MIS reports for management review.
Compliance & Documentation
- Ensure all procurement and logistics activities comply with statutory and internal audit requirements.
- Maintain proper documentation for vendor agreements, purchase orders, and shipment records.
- Support audits and respond to queries from finance, quality, and compliance departments.
