Kama Ayurveda - Strategic Sourcing Manager - Raw Material

- Spend analysis for allocated categories. Consolidation of demand/requirements across business lines.

- Keeps abreast with supplier market trends, innovations to identify changes in balance in buyer-supplier power.

- Develops strategic supplier base for the assigned categories which creates a sustainable competitive advantage for Kama Ayurveda.

- Work closely with R&D teams to identify and arrange raw materials for new product development.

- Defines and implements category strategies (raw materials) in close alignment with the Procurement Head.

- Develops yearly negotiation calendar and conducts price discovery exercises.

- Executes sourcing processes- sends RFI/RFQ, conducts auctions, leads price negotiations and finalizes contracts.

- Utilizes multiple sourcing levers (Supplier costing, value engineering, consolidation etc.) to extract maximum value (price, quality and timeliness). Ensures TCO comparison for all purchases.

- Updates/maintains legal frame/rate contracts (contract management).

- Responsible for supplier management processes (e.g. qualification, selection, evaluation, development, classification).

- Conduct supplier evaluations to develop the best suppliers and ensure transparency.

- Support compliance with relevant legal obligations relating to the goods, services or works to be purchased, e.g. environmental/health and safety legislation.

- Identify and execute the cost improvement projects (CIP) to meet sourcing annual targets.

Pre-requisites:

- Bachelors/Masters degree with minimum 5 years of experience in a Procurement / strategic sourcing role(s), preferably in skincare , beauty , personal care or FMCG sector

- Good understanding of strategic sourcing practices, experience in running e-rfx, e-auctions (preferable)

- Good understanding of supplier market landscape

- Good knowledge of MS-Excel

- Excellent written and verbal communication skills