ISC Corporate | Procurement | Direct Materials | Team Member 1 | M04
Description
Key accountabilities:
Responsible for tracking daily/ weekly/ monthly markets and gather information on supply & demand and price determining factors
Responsible for providing price trends, forecasting and taking buying decision for most competitive buying and devise a long-term strategy for sustainable sourcing
Responsible for development, leading and executing procurement strategies and negotiation of contracts to maximize the benefit to organization
Perform cost benefit analysis and benchmarking of the market and competition to find cost saving opportunities
Responsible for the yearly budgeting activity for all responsible categories in the portfolio and corresponding cost saving initiatives
Project management for identified initiatives in the category with time bounds and result oriented approach
Knowledge of sourcing basics
Vibrant mindset to bring in new ideas of savings and innovation
Understanding of the key industry suppliers, regional demand factors, environmental factors
Sound knowledge of the commercials/Cost Model understanding of production items, impact of the change in policy/commodity prices of cost and availability etc.
Understanding of Marco & Micro economic factors impacting categories
Legal Contract management
Internal: All departments – Planning, Quality, Finance, RnD, NPD, Legal, Marketing among others
External: Consultants, Vendors, Industry Experts
Qualification:
MBA (Supply Chain Management / Marketing / Agri-business)
2-5 years of experience in sourcing or related functions
Strong project management & interpersonal skills
Strong analytical, data management skills, AI Skills
Expertise in Vendor management, contracting and new Vendor identification, Contract management & approval
A proven track record of delivering cost savings though negotiations and innovation
Excellent analytical, presentation, communication and Cross-Functional management skills
Self-driven & Ability to driver solutions and drive results through BCP and Cost Saving
Ability to work under pressure in a dynamic environment
Adaptability, Positive attitude, Proactive, Perseverance, tough-mindedness and ability to influence
Demonstrates strong team working abilities and commitment
Strong individual performer and the ability to work autonomously while contributing effectively to a team