• Understand business objectives so as to generate project information, action items, schedule, and deliverables for the team.
• Monitor project progress regularly so as to report project status to procurement management.
• Assist team in procurement related activities as needed.
• Work with Cost Price Analysis and Commodity Management Groups to formulate negotiation plans.
• Define functional training requirements and accordingly develop training materials.
• Develop innovative approaches to review procurement process effectiveness and explore solutions.
• Provide recommendations on all procurement related issues, plans, reports, trainings and metrics.
• Provide education and training to internal staff on procurement policies and best practices.
• Analyze industry trends and market competitions to develop business improvement initiatives.
• Identify and develop standard processes that address company’s strategy and plan
• Generating various reports and preparing the presentation to the management.
• Ensuring all the compliance related to the vendors as per the standards set.
• To call directly to the vendors and suppliers directly, to have the information as required.
• Ensuring all the contracts duly signed off and review of vendor master.
• Setting up and reconciliation with the strategic suppliers on quantitative terms based on contracts.
• Setting-up meeting with centralized procurement team and ensuring compliance standards as set-up from corporate office.

Requirements

• Strong leadership skills.
• Team player at executive levels to collaborate with business units and functional partners like IT, Finance, Marketing, Operations, HR, Legal, etc.
• Solid operational management and general business skills and savvy
• Working understanding of finance and/or accounting in terms of budgeting, cost management, treasury, risk management, etc.
• Industry knowledge in terms of broad industry dynamics on the buy-side (and the sell-side), but also the internal knowledge and “language of the business”
• Excellent communication skills and even better listening skills and to understand the company culture and how to best communicate procurement’s value to it
• In-depth knowledge of sourcing and procurement principles and best practices, but doesn’t have to come from within the procurement ranks
• Experience with modern sourcing and procurement strategy and systems
• Familiarity with relevant legislative and regulatory requirements, as well as understanding of standard contractual terms and conditions to mitigate legal risk
• Strategic mindset and problem-solving skills

Analytical mindset, but also creativity to seek, encourage and find non-traditional approaches that have historically “boxed-in” procurement