Manager - Strategic Sourcing
Apply now »Date: 18 Apr 2024
Location: Bangalore, India
Company: Tata Communications
Broad outline of the Role
Managing the Marketing, HR Professional & Legal services Procurement
Purpose - Broad objective of the role
This Role is part of the SCM – services procurement function -Marketing & HR services Procurement ,and responsible for procurement of the the HR & Marketing categories including but not limited to overlapping categories.
The sub categories would encompass Marketing services ( Event Management ,Identifying & Onboarding PR agencies , Media buying, Advertising services , sponsorships ets and HR services ( Learning & development, Employee benefits , Legal & professional services, Contingent manpower, Insurance etc )
Minimum qualification & experience
Min 8-10 + years experience out of which at least 3-4 years in senior roles delivering the Marketing & HR.
Minimum Graduate from a reputed institution. Post graduation is Preferred.
Preferable to have a Supply chain certification like CSCPM, CIPS , CPSM etc
Should have category expertise on th relevant categories.
Should have good Industry knowledge and senior level connects at the supplier organisations.
Other knowledge/skills
- Strong negotiation and stakeholder management
- Good knowledge of sourcing, procurement and supplier management
- Should be agile . Most important is to demonstrate high speed of execution.
- Should have highest levels of Integrity.
- Should possess entrepreneurial qualities.
- Should be able to think on the feet and demonstrate sense of urgency at all times .
- Well versed with Contract Management.
Key Responsibilities
Strategy development and planning:
- Support the Category lead in development of Annual Sourcing Plan for sub-categories under Services (incl. internal and external demand)
- Support Category Lead in developing both, category and sourcing strategies, by forecasting demand, analyzing industry trends, understanding vendor landscape, etc.
- Develop negotiation strategies for all the key sourcing projects under the guidance of Category Lead
- Examine supplier's industry position and cost-structure, identify trends in supply market, develop cost-tear downs for key sourcing requests
- Optimize sourcing and ordering schedule by assessing demand drivers
- Minimize the potential risks to reduce supply chain uncertainties and shocks (through laid-out risk mitigation strategies )
• Cross Functional Collaboration:
- Coordinate with business, sales and other stakeholders for effective demand planning and monitor the actual requirements against plan
- Interact with business teams to identify and optimize technical/ functional specifications under the guidance of Category Lead
- Facilitate ongoing collaboration between the Business teams, Operations team, Enablers team and Logistics
• Supplier Management:
- Monitor supplier performance against the targets defined as per SRM and provide necessary support (wherever required)
- Collaborate with suppliers regularly and drive tangible additional value from relationship through joint cost reduction initiatives
- Interact frequently with the suppliers to identify issues and potential areas for improvement
- Provide support for vendor registration and qualification process (if required), completing all necessary checks and verifications as outlined under the SCM
• Strategy Execution:
'- Execute sourcing strategies for all the sourcing requirements; inputs (if any) to act as a feedback in the overall sourcing/ category strategy
- Lead end-to-end sourcing process (including RFP/RFQ process) for all sourcing initiatives defined as per sourcing plan
- Develop evaluation criteria, and evaluate tender responses, with guidance from Category Lead
- Lead the implementation of negotiated contracts and monitor contractual compliance of executed contracts
- Drive catalog creation (where possible) for direct purchase by increasing standardization of products/ services within the category
- Interact with users for demand forecasting and increasing awareness regarding catalog based ordering
- Adopt best practices for strategic sourcing and discern specific nuances of the contract that provide an edge in negotiations (e.g. TCO vs purchasing price)
- Prioritize placement of PO in cases of urgent requests with guidance from Category Lead
- Monitor on-time delivery against all open POs to ensure timely receipt of orders
- Support Query Resolution team in resolution of queries associated with invoiced amounts, delivery, etc. wherever
Technical Competencies
Excellent communication & analytics skills
Sound Knowledge of Ms Excel, Ms Word, power Point etc.
Proficent in SAP Ariba & other procurement tools.
Knowledge / Skills
Job Segment:
Strategic Sourcing, Logistics, Supply Chain Manager, Supply Chain, Demand Planner, Operations