Assistant Manager - Indirect Sourcing

boAt Lifestyle; Gurugram District; On-site; INR 2,000,000 - 3,200,000; Full time

Job summary

boAt Lifestyle is seeking an experienced sourcing professional to lead strategic procurement across categories. You will collaborate with Finance and stakeholders to define cost savings targets and drive year-over-year spend improvements without sacrificing quality.

Develop contracts (SOWs, RFIs, RFPs) and negotiate with Legal, Privacy, Information Security, and Internal Controls, while surveilling supplier performance with measurable targets.

Qualifications

• Minimum 5-8 years of Experience in Supply Chain background (Preferably in Procurement/sourcing).
• Bachelor's degree in any discipline from a tier-1 college preferred (DCE, NSIT, IIT, IIIT).
• Excellent interpersonal and negotiation skills.
• Attention to detail and spontaneous problem solving abilities.
• Ability to take ad hoc decisions, own the designated category, and implement sourcing plans.

Responsibilities

• Collaborate with Finance and stakeholders to develop strategic sourcing plans with well-defined cost savings and avoidance targets.
• Achieve year-over-year improvements in assigned category spend, without sacrificing quality and service.
• Conduct all phases in the development of complex contracts, including reviewing statements of work or requirements, RFIs, and RFPs.
• Partner with Legal, Privacy, Information Security, and Internal Controls for contract evaluation, redlining, and negotiation.
• Continually improve supplier performance by setting measurable, contractual performance targets and related management.
• Build and execute a plan to identify and evaluate diverse suppliers to increase the share of category spend with diverse suppliers.
• Strategize across categories to identify opportunities for gained efficiencies and cost effectiveness in supplier negotiations.
• Build project plans and timelines to ensure milestones are captured and met in the sourcing process.
• Close sourcing projects, upload executed agreements to CLM, and secure security stakeholder and finance approvals on savings or cost avoidance.
• Effectively communicate status updates to key stakeholders and escalate issues as needed.

Skills

Negotiation skills

Interpersonal skills

Attention to detail

Problem solving

Decision making

Education

Bachelor's degree

Job description

• Collaborate with Finance and functional stakeholders to develop strategic sourcing plans with well-defined cost savings and avoidance targets.
• Achieve year-over-year improvements in assigned category spend, without sacrificing quality and service
• Conduct all phases in the development of complex contracts, including reviewing statements of work or requirements, request for information (RFI), and request for proposal (RFP) development.
• Partner with a broad mix of stakeholders on contract evaluation, redlining, and negotiation, such as Legal, Privacy, Information Security, and Internal Controls.
• Continually improve supplier performance by setting measurable, contractual, performance targets and related supplier performance management.
• Build and execute a plan to identify and evaluate diverse suppliers, with a goal of increasing the percentage of category spend with diverse suppliers.
• Strategize across categories/departments to identify opportunities for gained efficiencies and cost effectiveness in supplier negotiations.
• Build project plans and timelines to ensure key milestones are being captured and met as it relates to the sourcing process.
• Close sourcing projects in a timely manner, including but not limited to uploading executed agreements to our contract lifecycle management, and security stakeholder and finance approval on savings or cost avoidance.
• Effectively communicate status updates to key stakeholders, including timely identification and escalation/resolution of issues.

Candidate Requirement:

• Minimum 5-8 years of Experience in Supply Chain background (Preferably in Procurement/sourcing)
• Bachelors degree in any discipline From a tier-1 college(DCE, NSIT, IIT, IIIT) will be preferred
• Should Have Excellent Interpersonal skills and Negotiation skills.
• Should possess excellent Attention to detail and Spontaneous Problem solving skills.
• Should have the ability to take ad hoc decision, owning the Designated category and Strategizing as well as Implement the Sourcing Plans