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