Senior Manager - Global Sourcing & Supply Chain

Description:

Role & responsibilities:

Strategic Procurement & Negotiations:

- Lead centralized negotiation of prices and commercial terms with suppliers for raw materials, packing materials, consumables, and services.

- Manage procurement of key raw materials such as plastic films, paper, inks, coatings, chemicals, etc. for both domestic and import sourcing.

- Establish structured pricing mechanisms with vendors linked to movement in key input prices.

- Develop long-term supply agreements, pricing frameworks, rebate structures, and volume commitments.

Vendor Development & Management:

- Identify and onboard new domestic and international suppliers to diversify sourcing and mitigate supply risks.

- Evaluate supplier performance in coordination with Supply Chain, Plant Operations, and Quality teams.

- Strengthen vendor relationships focusing on pricing, reliability, innovation, quality, and service levels.

- Collaborate with technical teams for development of new materials and vendor qualification.

Procurement Operations:

- Manage the RFQ / tendering process, vendor comparison, and procurement decision making.

Conduct commercial negotiations and contracting for:

- Raw materials and consumables

- Capital equipment

- Engineering and project contracts

- AMCs and utilities

- Civil, mechanical, electrical project contracts

- Ensure procurement activities align with budget, operational timelines, and plant requirements.

Supply Market Intelligence:

- Monitor price trends of key feedstocks and raw materials.

- Track supply-demand dynamics, capacity developments, and global market changes.

- Provide inputs to management on procurement strategy and cost optimization opportunities.

Import Procurement & Compliance:

- Manage import procurement documentation and ensure compliance with EOU regulations and customs procedures.

- Handle import logistics coordination, documentation, and supplier commercial terms.

- Ensure regulatory compliance for domestic and international procurement.

Contracting & Commercial Governance:

- Negotiate and finalize supplier contracts, service agreements, and third-party contracts.

- Monitor rebates, discounts, claims, and commercial benefits from suppliers.

- Ensure proper commercial documentation and contract compliance.

Inventory & Cost Management:

- Work closely with Supply Chain to optimize inventory levels and procurement planning.

- Support initiatives for working capital efficiency and cost optimization.

- Participate in material cost reduction programs and value engineering initiatives.

Reporting & MIS:

- Prepare periodic procurement MIS reports for management review.

- Track cost savings, vendor performance, procurement efficiency, and sourcing strategies.

- Support budgeting, forecasting, and group reporting requirements.

Preferred candidate profile:

- Bachelors degree in Engineering / Supply Chain / Commerce / Materials Management

- MBA or Postgraduate qualification in Supply Chain / Operations / Procurement preferred.

- 8-15 years of experience in procurement / sourcing / supply chain within manufacturing industries.

- Experience in packaging, chemicals, films, paper, specialty materials, or process manufacturing preferred.

- Exposure to import procurement and EOU compliance will be an advantage.