Manager/Sr Manager Strategic Buying | USV | Mumbai

Job Description

Manager/Sr Manager Strategic Buying based at Mumbai Location

Position Objective:

• Understanding Business Needs and developing sustainable sourcing strategies for each category in
• Marketing, Logistics, Supply Chain, HR services, Business Consulting, and R&D (including Clinical Research). Develop a Category Roadmap for Strategic Buying and pursue the acquisition of categories in line with the roadmap.
• Support VP Compliance & Strategic Buying in handling audits, managing audit responses to observations, preparing sites to face audits, and ensuring post-audit actions are completed.

Key Responsibility Areas:

1. Strategic Planning, Budgeting and Compliance

• Key stakeholder engagement.
• Participate in the annual planning and budgeting activities and agree on the savings delivery
• Identify quick wins for savings
• Develop and maintain a rich reserve of market intelligence and competitor knowledge on similar categories through benchmarking
• Participate in Strategic Project Initiatives for business
• Handle process audits by the internal audit team, prepare sites for the process audit, support VP in drafting management response to audit observations, ensure post-audit actions by functional heads is completed
• Financial savings delivery
• Limiting audit observations
• Proactive process improvements by identifying process gaps

2. Category Planning and Execution

• Business partnering (acute, chronic and consumer)
• Understand Key Business Requirements and ensure that sourcing strategies are developed to meet changing business needs.
• Review strategies annually and if needed make necessary changes and seek necessary approvals from the sponsor.

Key Categories:

• Marketing Categories: Media, Advertising Agencies

(Digital / Creative / Translations / Activations / Packaging Design), Market Research, Print, POSM and Promotion, Events Management, Real World Studies, Camps, Consulting

• Information Technology:

• Hardware, Software, and Services % bought out spend covered in strategic buying

Saving Delivery

HR Services Training/Recruitment, Financial Business Services and Professional Services,

Strategic Management Consulting

Logistics & Distribution:

• Primary/Secondary freight, International logistics (Air/Sea/Land), Warehousing, Data Management, Consulting

R&D:

• Core R&D categories Lab Chemicals and Consumables, External Testing, Clinical Research (CROs), Software (LIMS/ELN), RLDs (Comparator drugs)

Site Indirect Expenses:

• Consumables &Fuel (Buying and Transactions)

• Develop Category Sourcing Plan for 1-3 years horizon for strategic categories.
• Use strategic sourcing tools as required for the category
• Present strategy execution updates to Marketing / Other Functional heads upon completion.
• Ensure strategies are understood well by the business and ensure their execution by engaging cross-functional team and training them

3. Support to Marketing and Sales

• Support Marketing and Sales / other business teams to spend the budgets wisely.
• Create saving opportunities and plan implementation by collaborating with businesses.
• Share with business on industry best practices and create value
• Identify the right sourcing approach like Just Do It, Collaborating, and Joint Strategic Sourcing depending on the category need and knowledge expected.
• % vs savings

4. Supplier Relationship Management

• Move business to preferred suppliers and ensure share of the business isn’t diluted and proliferation is avoided
• Simplify sourcing processes
• Approve New Vendors in SAP and control the inflow
• % spend with Preferred Suppliers

5. Strategic Project Initiatives (SPIs)

• Participate in the SPI process and contribute to the business initiatives on Digital future Ideas generated

Desired Candidate Profile:

• CA, MBA/PGDM in Operations.
• 10-15 Years Experience
• Salary: 20.00 – 25.00 L CTC/PA