Senior Manager - Sourcing (10-14 yrs) Chennai (Logistics / Warehousing / Distribution)
Global Professional Services
Chennai, India
3d ago
source : iimjobs.com

Job Purpose :

  • Responsible for fulfilling the tasks linked to the strategic sourcing process and any commercial issue during the validity period of the agreements within the specific categories.
  • The SM is responsible for the suppliers, the agreements, the portfolio and the total cost of the agreements (Material Price Index, part price, logistics cost etc.)
  • Key Accountabilities & Responsibilities :

    1. Category management :

  • Establishes and drives team of key stakeholders (Sourcing Account Manager, major consumers, technical resources)
  • Knows the supplier market, technologies, product trends, Price trends and the existing as well as future opportunities in the market
  • Decides if a specification has to be met by existing supplier or put into the market
  • Decides supplier and negotiates price / cost related to D&E projects
  • Secure that Grundfos continuously develop the supply base
  • Prepare the annual investment budget (tooling) for relevant categories
  • Secures that the suppliers are established in SAP and that the information linked to the suppliers and category are kept updated
  • 2. Sourcing management :

  • Uses the segmentation tool to categorize current and future market
  • Based on the segmentation external market information and internal business plans a long term sourcing strategy is developed and approved / committed by the category council (Purchase management and relevant GMs)
  • Responsible for tendering process RFI / RFQ
  • Responsible for preparing negotiation strategy and running the negotiation process with the involvement of relevant stakeholders.
  • Secures that the negotiation is closed by signing a Grundfos framework agreement (FWA) and that the contract coverage for the category is according to target
  • 3. Cost management

  • Prepares the MPI budget for the category, secures optimized total cost and follows up on the MPI (monthly) as well as realized savings according to the agreements
  • Participates in cost optimization projects like Supplier Focused Initiatives, should cost projects, Lean projects etc.
  • Drive cost optimization through Strategic Sourcing projects, 3rd Party 3P etc.
  • 4. Supplier portfolio management

  • Participates in supplier classification (K / C / T) in cooperation with the SAM
  • Based on input from the local units and SAM, the SM sets performance targets for the suppliers.
  • Continuously optimizes the composition of the supplier portfolio taking risk, cost, requirements (ethics, environment, quality etc), and competences into account
  • Works with key suppliers on business development sharing strategies, technology road maps and future cooperation
  • Works with auditors to pre-approve suppliers, run audits and follow-up on audit results
  • Works closely together with the relevant SAMs to follow initiated supplier development activities
  • Key Collaboration Partners / Stakeholders : Purchase management, Functional Managers, SAMs, technical responsible (PTRs) and internal purchase staff

    Job Specifications : Educational Qualification Bachelor / Master's Degree or equivalent work experience

    Experience Preferred : Has 10-12 years experience in a similar job / area position

    Key Competencies and Skills :

    Personal Attributes :

  • Strong communicator towards both internal and external stakeholders.
  • Experienced in strategy creation and strategic sourcing processes.
  • Strong and experienced negotiator at all levels
  • Able to take decisions
  • Willing to travel
  • Personal Attributes :

  • Good analytical Skills
  • Efficient Team Player
  • Interested candidates can apply here

    R. Mahesh Kumar,

    Global Professional Services

    ref : engineeristic.com)

    Apply
    Add to favorites
    Remove from favorites
    Apply
    My Email
    By clicking on "Continue", I give neuvoo consent to process my data and to send me email alerts, as detailed in neuvoo's Privacy Policy . I may withdraw my consent or unsubscribe at any time.
    Continue
    Application form