– Define procurement strategies for key categories and execute
Cost Model & TCO
Industry Analysis
Understanding of buying Cycles & correlation with other services
Capacity Building – Supplier Base Expansion
Commercial Negotiations and Sourcing Tools (RFI, RFP/RFQ, Reverse Auction using SAP Ariba)
Contract Management
– Capability Building – Lead and develop the team
– Ensuring right governance and controls in line with organizational policies and SOPs
– Researches and analyses market intelligence data for trends in services’ prices which could directly impact category spend
– Understand business, demand and requirements and its implications on sourcing and supplier base
– Annual Budgeting and Planning – Ensuring costs delivered as per budget
– Identify & implement value engineering initiatives for cost optimization
– Closely work with user and related cross functional teams to ensure on time in full availability of services or material.
– Build strong relationship with suppliers for long term competitive advantage
– Build robust mechanisms for tracking market prices and benchmarking with competition
Stakeholder management:
– Internal – Various functions- Planning, Logistics, Supply Chain Centres, Quality & Regulatory, Product Development, Marketing, Finance & Legal
– External – Business Partners, Industry Bodies, Research Organizations etc.
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