India Head - Indirect Procurement - BFSI

India Head -Indirect Procurement (Corporate + Regional)

Sourcing the services pertaining to the below categories: HR, Marketing, Customer Service, Finance etc.

Annual Spend to be managed: 2000 Cr

Responsibilities:

Leading and mentoring a team of 10-15 procurement professionals.

- This position leads and provide end to end strategic sourcing support for Indirect Indirect Procurement and category management (HR, Finance, Finance,Customer Services).

- Provide strategic advisory and consulting insights around best practices to the internal Logistics requirements, develop and implement programs to fulfil internal Logistics requirements, manage vendor risk, performance and relationships, in addition to meeting both internal and external regulatory requirements, which will drive to obtain targeted financial benefit.

- Strategic Sourcing and Category Planning, Benchmarking, Business and Stakeholder Alignment.

- Buying/Procurement Management and Oversight.

- Supplier Integration/Supplier Relationship Management

- Financial Planning and Reporting 

- Internal needs analysis. Work with internal stake owners to define the needs in line with stake owners expectations.

- Market analysis : - Analyze market / suppliers / technology and offer the internal stake owners the best in class products, technology, service, price etc.

- Suppliers qualification and classification. 

- Introduce reputed and qualified suppliers to the company and follow company supplier classification guidelines.

- Perform supplier due diligence to evaluate the potential, local presence.Suppliers consultation and selection. Negotiation and contractual relationship management Conduct RFI/RFP/RFQ/Reverse auctions with the assistance of e-Sourcing tool.

- Lead the negotiations end to end with suppliers and get the best techno-commercial value - Knowledge of the contractual clauses.

- Negotiate and manage contract on behalf of the company as per defined process with all stake owners and legal. Meet KPI targets set by the Management namely productivity, concentration ratio, sustainable development and other targets which can evolve over time.

- Knowledge on ERP/Sourcing tools 

- Hands on experience on ERP systems 

- Hands on experience on e-sourcing platforms.

Education:

B.Tech/BE or MBA (Full Time)