As a Global Strategic Sourcing Manager, I lead and execute high-impact sourcing strategies that drive value, cost savings, and efficiency across our global supply chain. My role focuses on:Vendor Consolidation: Spearheading initiatives to streamline supplier base by consolidating tail-end suppliers with strategic partners, ensuring stronger relationships, and better pricing negotiations.Supplier Relationship Management: Managing and developing key supplier relationships to ensure reliable supply, quality improvement, and continuous cost reductions.Data-Driven Decision Making: Utilizing advanced analytics and procurement tools to identify opportunities for optimization, reduce risks, and enhance overall supply chain performance.Cross-Functional Collaboration: Working closely with cross-functional teams, including operations, finance, and quality, to align sourcing strategies with business objectives and operational needs.Sustainability and Compliance: Ensuring that all sourcing activities align with the organization’s sustainability goals and comply with regulatory requirements.Change Management: Leading the transition from legacy suppliers to new, strategically selected partners, ensuring a smooth changeover and minimizing disruptions to operations.My goal is to continuously improve our global procurement strategies, leveraging innovation, market insights, and supplier partnerships to drive sustainable growth and competitive advantage.

Procurement: Purchase of Packaging material for Pharmaceutical manufacturing.Devising and using fruitful procurement and sourcing strategiesCost Optimization: Cost reduction & Savings by way of defined efficient procurement mechanisms like Prices alignment with international prices, Effective negotiation, Strategic Sourcing, supplier selection, etc.De-risking and alternate vendor development: To ensure smooth supply of material with optimum & competitive price which in turn bring substantial savings.Servicing & material availability: Timely material delivery from approved sources.Global Supplier Sourcing and ManagementPrice Negotiation and Finalization Track and report key functional metrics to reduce expenses and improve effectivenessCollaborate with key persons to ensure clarity of the specifications and expectations of the companyForesee alterations in the comparative negotiating ability of suppliers and clientsExpect unfavorable events through analysis of data and prepare control strategiesPrepare various procurement related reports for Management.To use market intelligence to reduce procurement cost and to avoid material crisis.Handle basic import activitiesProcurement Analytics and Budget Preparation

Procurement: Purchase of Packaging material for Pharmaceutical manufacturing.De-risking and alternate vendor development: To ensure smooth supply of material with optimum & competitive price which in turn bring substantial savings.Servicing & material availability: Timely material delivery from approved sources.Measure delivery performance against lead-time for alternate supplierMinimize the sales loss suffered by company due to material non-availabilityDiscovering profitable suppliers and evaluating commercial terms Prepare Purchase Order for necessary goods and servicesFinalize purchase details of orders and deliveriesExamine and test existing contractsCollaborate with key persons to ensure clarity of the specifications and expectations of the companyTrack Budget vs UtilizationPrepare various procurement related reports for Management.Handle basic import activitiesSupport QA, QC and Audit teams by liaising for Audit activities and other technical formalities.

Procurement: Purchase of Packaging material for Pharmaceutical manufacturing.Servicing & material availability: Timely material delivery from approved sources.Measure delivery performance against lead-time for alternate supplierMinimize the sales loss suffered by company due to material non-availabilityDiscovering profitable suppliers and evaluating commercial terms Prepare Purchase Order for necessary goods and servicesExamine and test existing contractsCollaborate with key persons to ensure clarity of the specifications and expectations of the companyPrepare various procurement related reports for Management.Support QA, QC and Audit teams by liaising for Audit activities and other technical formalities.

Negotiating and procuring Packing materials at most economic pricesInventory Management.Timely Deliveries to sites manufacturing and supplying to Regulated Market.Import sourcingRejection and Complaint HandlingMonitoring KSM price deviations/ fluctuation.Working in tandem with CFTs for New Developments and Cost Saving Projects.Supplier Meets and RatingProcurement MIS

Procurement of Packaging materialsVendor ManagementPrice NegotiationsInventory Management.International sourcingRate contractsNew Vendor DevelopmentCost Saving ProjectsMIS

Procurement of Packaging materialsVendor ManagementPrice NegotiationsInventory Management.Rate contractsNew Vendor Development Solving Supplier queriesMIS