Global Strategic Sourcing Lead

Be the First to Apply

Job Description

• Global Strategic Sourcing LeadBusiness : Piramal Pharma Solutions Department : SCM Location : Kurla Band : 3Job Description
• Business : Piramal Pharma Solutions Department : SCM Location : Kurla Band : 3 Relevant Experience : - Minimum of 8 years in procurement or strategic sourcing, preferably within pharma / healthcare sector - Direct experience managing sourcing efforts across multiple sites or international geographies. - Documented success in achieving significant cost savings through strategic initiatives. - Familiarity with e-auction platforms and advanced negotiation tools. - Awareness of supply chain risk management and sustainability measures.

• Key Responsibilities
• This role is responsible for streamlining the supplier base, standardizing requirements across manufacturing sites, overseeing vendor performance, securing cost reductions, leading vendor negotiations, managing internal approvals, and supporting contract activities. - Cost Reduction Initiatives: Implement sourcing strategies that realise measurable savings through negotiation, volume leverage, and market intelligence analysis. - Direct Negotiations: Conduct face-to-face negotiations with suppliers to secure advantageous terms, pricing, and service agreements, fostering mutually beneficial relationships. - Requirements Harmonization: Drive the standardization of materials and services across multiple manufacturing locations to ensure consistency and achieve financial efficiencies. - Vendor Base Optimization: Assess and refine the supplier base to minimize complexity, consolidate relationships, and enhance operational effectiveness while upholding quality standards. - Vendor Performance Oversight: Establish and monitor vendor performance metrics and continuous improvement plans to guarantee high-quality service delivery and adherence to contractual commitments. - Approval Management: Collaborate with internal partners to obtain necessary approvals for sourcing plans, contracts, and vendor selections, ensuring organizational alignment. - Contractual Support: Work closely with legal and procurement teams on contract development, review, and execution to ensure compliance with corporate policies and regulatory standards. - Strategic Leadership: Formulate and execute sourcing strategies aligned with business objectives, leveraging industry insights, spend analytics, and supplier innovation. - Cross-Department Collaboration: Partner with teams across manufacturing, finance, operations, and engineering to align sourcing objectives with organizational goals and project deliverables. Competencies: Stakeholder Management Expertise: - Relationship Management: Proven ability to establish and maintain productive relationships with both internal stakeholders and external suppliers.- Influence and Negotiation: Demonstrated strength in influencing decisions and negotiating to align diverse interests. - Conflict Resolution: Proficiency in resolving conflicts to maintain progress and positive working relationships. - Communication: Superior verbal and written communication skills, with the ability to clearly articulate sourcing strategies and facilitate cross-functional collaboration. - Project Coordination: Strong project management skills, particularly in managing expectations, timelines, and deliverables for complex, multi-site projects. - Technical Proficiency: - Experience with procurement platforms (e.g., GEP SMART, SAP Ariba, Coupa, Jaggaer) and ERP systems (e.g., SAP, Oracle, NetSuite).- Understanding of contract management procedures and legal compliance. - Industry Knowledge: Comprehensive knowledge of global sourcing practices, supplier management, and market trends within [insert relevant industry]. - Analytical Ability: Advanced skills in data analysis—particularly relating to spend patterns, market developments, and vendor performance—to inform strategic decision-making.

• Essential Qualification
• - bachelor’s degree in supply chain management, business, finance, data analytics, or a related discipline; a master’s degree or relevant credential (e.g., cpsm, cscp, or cips) is advantageous.Full time