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Deploy and implement long-term sourcing strategies and plans to achieve company objectives, including cost reduction targets
Identify, evaluate, and select suppliers. Build and maintain strong relationships with key vendors and negotiate contracts to secure favorable terms, quality, and delivery.
Evaluate market trends and identify cost-saving opportunities. Assess risks associated with suppliers and supply chain
Use data to create business cases for new initiatives and to report on performance, savings, and market conditions to management
Monitor supplier performance to ensure quality and timely delivery. Assist in audits for compliance with company policies and relevant laws and regulations
Actively participate in sourcing discussions, manage the department's budget, and collaborate with internal stakeholders across various departments like engineering and logistics
Resolve or suggest process or control changes in order to maintain adherence to process, regulatory compliance and company goals
In depth knowledge of the Procurement cycle and all its stages
Ability to manage the Vendor partner relationship for optimal transactions
To be a strong negotiator with data and facts and a win-win arrangement
To analyze data from multiple sources in a manner to build cause effect linkages and prepare business cases
Ability to highlight key ideas, and articulate a point of view in a firm manner, with due consideration to the audience points of view too
To optimally organize workloads and projects in the most efficient manner to avoid any slippage in timelines or deliverables
To interact seamlessly with all key stakeholders to build mutual trust and make progressive decisions in a collective effort for success
Ability to adapt to new platforms, systems and software
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