Senior Manager -Procurement Strategy & Analytics

Job Title:

Sr. Manager -Procurement Strategy & Analytics

Business Unit:

Global procurement

Job Grade

Location:

Acme Plaza, Mumbai

At Sun Pharma, we commit to helping you “Create your own sunshine”— by fostering an environment where you grow at every step, take charge of your journey and thrive in a supportive community.

Are You Ready to Create Your Own Sunshine?

As you enter the Sun Pharma world, you’ll find yourself becoming ‘Better every day’ through continuous progress. Exhibit self-drive as you ‘Take charge’ and lead with confidence. Additionally, demonstrate a collaborative spirit, knowing that we ‘Thrive together’ and support each other’s journeys.”

Key responsibilities:

• Should-Cost Modelling & Cost Analytics: Develop clean-sheet cost models, cost breakdowns, price estimations, supplier cost benchmarking, cost-driver analysis, and Total Cost of Ownership (TCO) models to support procurement negotiations and cost optimization.

• Supplier Financial Risk Assessment: Evaluate supplier financial health through financial statement analysis, profitability, liquidity and financial risk scoring.

• Commodity Market Intelligence & Forecasting: Analyze commodity price trends, raw material and feedstock movements, supply-demand dynamics, macroeconomic factors, and develop price forecasts to support procurement decisions.

• Procurement Strategy & Sourcing Analytics: Identify cost-saving opportunities, evaluate sourcing alternatives, assess supplier competitiveness, and provide data-driven recommendations for strategic procurement decisions.

• Procurement Data Analytics: Analyze SAP procurement data, purchasing trends, price variances, supplier spend, and historical pricing to identify opportunities and improve procurement performance.

• Market & Financial Intelligence: Leverage platforms such as ICIS, Bloomberg, Refinitiv (LSEG), and other market databases for commodity research, financial analysis, benchmarking, and industry intelligence.

• Advanced Analytics & Automation: Utilize Databricks, Python, SQL, Excel, and Power BI for data analysis, predictive modelling, forecasting, dashboard development, and reporting automation.

• Business Insights & Reporting: Develop actionable analytical reports, market outlooks, supplier risk assessments, and presentations to support procurement planning and management decision-making.

• AI-Powered Business Intelligence: Leverage AI chatbots and generative AI tools for market research, competitive intelligence, data analysis, insight generation, and enhanced procurement decision-making.

Travel Estimate

Job Requirements

Educational Qualification:

Bachelor's degree in Engineering, Statistics, Business Analytics or other related fields preferably with an MBA

Experience:

2 - 3 years of experience in the pharmaceutical, chemical, or manufacturing industry is preferred

Your Success Matters to Us

At Sun Pharma, your success and well-being are our top priorities! We provide robust benefits and opportunities to foster personal and professional growth. Join us at Sun Pharma, where every day is an opportunity to grow, collaborate, and make a lasting impact. Let’s create a brighter future together!

Disclaimer: The preceding job description has been designed to indicate the general nature and level of work performed by employee within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees as assigned to this job. Nothing herein shall preclude the employer from changing these duties from time to time and assigning comparable duties or other duties commensurate with the experience and background of incumbent(s).