Job Title: Senior Consultant | Sourcing & Procurement | Mumbai | Supply Chain & Network Operations
- Procurement Strategy and Planning:
- Develop and implement procurement strategies that align with organizational goals and objectives.
- Analyze market trends and supplier performance to identify opportunities for cost savings and process improvements.
- Create and maintain buying channels. Routing of PRs via. approved buying channels (Catalogs and Preferred Vendors)
- Supplier Management:
- Identify, evaluate, and select suppliers based on quality, cost, delivery, and service.
- Negotiate contracts and terms with suppliers to achieve favorable conditions.
- Establish and maintain strong relationships with suppliers to ensure high levels of service and reliability.
- Purchasing and Order Management:
- Oversee the purchasing process to ensure timely and accurate acquisition of goods and services.
- Monitor and manage inventory levels to ensure optimal stock and minimize excess inventory.
- Resolve issues related to procurement and supply chain, including discrepancies, delays, and quality concerns.
- Contract Management:
- Draft, review, and manage contracts with suppliers, ensuring compliance with legal and regulatory requirements.
- Monitor contract performance and ensure all terms and conditions are met.
- Due diligence and timely contracts renewals.
- Budget and Cost Control:
- Develop and manage the procurement budget, ensuring cost control and adherence to financial targets.
- Conduct cost analysis and identify opportunities for cost reduction without compromising quality.
- Compliance and Risk Management:
- Ensure procurement activities comply with organizational policies, legal requirements, and ethical standards.
- Assess and manage risks related to procurement, including supplier risks and market volatility.
- Run compliance checks on all free text PR (Purchase Requisition).
- Perform QC/Auditing on the different Buying channels (BPA/CPA).
- Reporting and Analysis:
- Analyse the operational reports, review and present analytical insights on procurement activities / KPIs, supplier performance, and cost savings to senior management.
- Utilize data and analytics to drive decision-making and continuous improvement.
- Initiate appropriate actions with the client to drive higher efficiency, effectiveness, control to create value.
- Stakeholder management:
- Handle inquiries from internal customers as well as from external vendors delivering professional, helpful, high-quality service and assistance before, during, and after the customer's requirements are met.