Agm Sourcing
Current1. Lead Strategic Sourcing across commodities, Capex, raw materials, packaging materials and indirect purchases. Develop and implement strategic plans and manage supplier relationships to optimize performance and value. 2. Conduct research on current and future needs, analyze market trends and potential suppliers, and identify opportunities for continuous improvement.3. Vendor development & Management which includes selecting the right vendor, vendor validation, finalizing the commercial terms & conditions after working out the market dynamics & benefits.4. Inventory Management by taking care of stock levels, implementation of replenishment policies and inventory holding norms and ensure adherence to these practices in manufacturing units.5. Identify and address challenges related to single-source risks, component obsolescence, cost and contracts management. Develop and implement short-term and long-term strategies to mitigate these challenges.6. Collaborate with R&D and Marketing teams to ensure the smooth development of new products and parts, facilitating seamless integration into the supply chain.7. Lead the Annual Budgeting process, including cost estimation based on volume, minimum order quantities, pack sizes, market trends, inflation rates and other relevant factors.8. Develop & communicate short and long-term plans to team members to support all procurement activities. 9. Generate monthly MIS reports for purchasing spend, sourcing alternatives, purchase price Variance and Cost Reduction achievements.