Procurement Manager
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Job Location:
Monthly Salary:
Posted on:
2 hours ago
Vacancies:
1 Vacancy
Job Summary
Job Description: Procurement Manager
Job Title:
Procurement Manager (On Randstad Payroll)
Department:
Procurement
Profession (Marketing Finance etc.):
Supply Chain
Work Level:
Permanent Job on Randstad role
Location (City Country):
Mumbai HO India / 5 Days WFO
Main Job Purpose:
This initiative is aimed at unlocking cash potential and driving cost savings among A-category
Contract Manufacturers (CMs) located throughout India. The primary objectives include the
optimization of working capital restructuring of conversion costs and implementation of process
improvements to achieve substantial benefits in both cash flow and operational costs.
- Procurement Negotiations
- Stakeholder Management
- Supply Chain Understanding
- Category Management
- Non-operations & In-depth Finance Understanding
- Payment Terms and Working Capital Manufacturing
Deliverables
o Cash Potential Unlock10 million
o CM Savings (Restructuring & Benchmarking) 2 million
Key Accountabilities:
o Facilitate cash release by conducting comprehensive Working Capital (WC) analysis for CMs
identifying opportunities and aligning WC CM partners leading to PT extension.
o Lead initiatives to achieve conversion cost savings by benchmarking line-level costs at each CM
and overseeing CSC restructuring ensuring that savings are realized in CPT.
o Enhance processes at C-category CMs with a particular focus on FG costing and material
reconciliation processes
o Support the advancement of 2 CMs from C-category to A-category status by implementing best
practices in cost control quality improvement and process efficiency.
o Assist in the restructuring of the HC network.
o Framing compliance requirements and policies
o Digitalization of cost sheets by standardization of cost sheets
o Monitor and manage Sigma CM Program Modules (Control Tower for CM Operations)
Professional Skills:
o Good Data & Analytical skills
o Expert business partnering & stakeholder management
o Ability to work in a fast-paced dynamic environment with owners mindset
o Problem-solving skills to address and resolve operational issues while maintaining attention to
details
o Negotiation & communication skills
o Basic financial acumen for understanding business cases & reporting
identifying opportunities and aligning WC CM partners leading to PT extension.
o Lead initiatives to achieve conversion cost savings by benchmarking line-level costs at each CM
and overseeing CSC restructuring ensuring that savings are realized in CPT.
o Enhance processes at C-category CMs with a particular focus on FG costing and material
reconciliation processes
o Support the advancement of 2 CMs from C-category to A-category status by implementing best
practices in cost control quality improvement and process efficiency.
o Assist in the restructuring of the HC network.
o Framing compliance requirements and policies
o Digitalization of cost sheets by standardization of cost sheets
o Monitor and manage Sigma CM Program Modules (Control Tower for CM Operations)
Professional Skills:
o Good Data & Analytical skills
o Expert business partnering & stakeholder management
o Ability to work in a fast-paced dynamic environment with owners mindset
o Problem-solving skills to address and resolve operational issues while maintaining attention to
details
o Negotiation & communication skills
o Basic financial acumen for understanding business cases & reporting
Key Skills
- Purchasing
- Sourcing
- Procurement
- Vendor Management
- HR Sourcing
- Procurement Management
- Supply Chain Experience
- Contract Management
- Contract Negotiation
- E-procurement
- negotiation
- Contracts
