Global Strategic Sourcing Lead

Piramal Pharma Limited; Mumbai; On-site; INR 2,400,000 - 4,000,000; Full time

Job summary

Piramal Pharma Limited is seeking a Global Strategic Sourcing Lead to streamline supplier bases, standardize requirements, and drive cost reductions across multiple sites. You will oversee vendor performance, lead negotiations, and coordinate contract activities to ensure compliance and value creation.

The role requires deep experience in pharma procurement, cross-functional collaboration, and strategic leadership to align sourcing with business objectives.

Qualifications

• Bachelor’s degree in a relevant field; CPSM/CIPS/CSSP is advantageous.
• Minimum 8+ years in procurement or strategic sourcing, pharma preferred.
• Experience leading multi-site or international sourcing programs.

Responsibilities

• Implement cost reduction strategies through negotiations and market intelligence.
• Lead direct supplier negotiations for favorable terms and service agreements.
• Harmonize requirements across multiple manufacturing sites.
• Optimize the vendor base to reduce complexity while ensuring quality.
• Monitor vendor performance and drive continuous improvement.
• Coordinate approvals for sourcing plans, contracts and selections.
• Support contract development, review, and regulatory compliance.
• Formulate sourcing strategies aligned with business goals.
• Collaborate with manufacturing, finance, operations and engineering.

Skills

Stakeholder management

Influence & negotiation

Conflict resolution

Communication

Project coordination

Analytical ability

Education

Bachelor's degree in supply chain management, business, finance, data analytics

Tools

GEP SMART

SAP Ariba

Coupa

Jaggaer

SAP

Oracle

NetSuite

Job description

Be the First to Apply Job Description

Global Strategic Sourcing Lead

Business: Piramal Pharma Solutions
Department: SCM
Location: Kurla
Band: 3

Job Description

This role is responsible for streamlining the supplier base, standardizing requirements across manufacturing sites, overseeing vendor performance, securing cost reductions, leading vendor negotiations, managing internal approvals, and supporting contract activities.

Relevant Experience

• Minimum of 8 years in procurement or strategic sourcing, preferably within pharma / healthcare sector
• Direct experience managing sourcing efforts across multiple sites or international geographies.
• Documented success in achieving significant cost savings through strategic initiatives.
• Familiarity with e-auction platforms and advanced negotiation tools.
• Awareness of supply chain risk management and sustainability measures.

Key Responsibilities

• Cost Reduction Initiatives: Implement sourcing strategies that realise measurable savings through negotiation, volume leverage, and market intelligence analysis.
• Direct Negotiations: Conduct face-to-face negotiations with suppliers to secure advantageous terms, pricing, and service agreements, fostering mutually beneficial relationships.
• Requirements Harmonization: Drive the standardization of materials and services across multiple manufacturing locations to ensure consistency and achieve financial efficiencies.
• Vendor Base Optimization: Assess and refine the supplier base to minimize complexity, consolidate relationships, and enhance operational effectiveness while upholding quality standards.
• Vendor Performance Oversight: Establish and monitor vendor performance metrics and continuous improvement plans to guarantee high-quality service delivery and adherence to contractual commitments.
• Approval Management: Collaborate with internal partners to obtain necessary approvals for sourcing plans, contracts, and vendor selections, ensuring organizational alignment.
• Contractual Support: Work closely with legal and procurement teams on contract development, review, and execution to ensure compliance with corporate policies and regulatory standards.
• Strategic Leadership: Formulate and execute sourcing strategies aligned with business objectives, leveraging industry insights, spend analytics, and supplier innovation.
• Cross-Department Collaboration: Partner with teams across manufacturing, finance, operations, and engineering to align sourcing objectives with organizational goals and project deliverables.

Competencies

Stakeholder Management Expertise:

• Relationship Management: Proven ability to establish and maintain productive relationships with both internal stakeholders and external suppliers.
• Influence and Negotiation: Demonstrated strength in influencing decisions and negotiating to align diverse interests.
• Conflict Resolution: Proficiency in resolving conflicts to maintain progress and positive working relationships.
• Communication: Superior verbal and written communication skills, with the ability to clearly articulate sourcing strategies and facilitate cross-functional collaboration.
• Project Coordination: Strong project management skills, particularly in managing expectations, timelines, and deliverables for complex, multi-site projects.

Technical Proficiency

• Experience with procurement platforms (e.g., GEP SMART, SAP Ariba, Coupa, Jaggaer) and ERP systems (e.g., SAP, Oracle, NetSuite).
• Understanding of contract management procedures and legal compliance.

Industry Knowledge

• Comprehensive knowledge of global sourcing practices, supplier management, and market trends within [insert relevant industry].

Analytical Ability

• Advanced skills in data analysis—particularly relating to spend patterns, market developments, and vendor performance to inform strategic decision-making.

Essential Qualifications

• Bachelor’s degree in supply chain management, business, finance, data analytics, or a related discipline; a master’s degree or relevant credential (e.g., cpsm, cscp, or cips) is advantageous.

Contract Type

Full time

Company Information

Piramal Pharma Limited, offers a portfolio of differentiated products and services through its 17 global development and manufacturing facilities and a global distribution network in over 100 countries. PPL includes Piramal Pharma Solutions (PPS), an integrated Contract Development and Manufacturing Organization; Piramal Critical Care (PCC), a Complex Hospital Generics business; and the India Consumer Healthcare business, selling over-the‑counter products. In addition, one of PPL’s associate companies, AbbVie Therapeutics India Private Limited is a JV with AbbVie Inc. and has emerged as one of the market leaders in the ophthalmology therapy area. Further, PPL has a minority investment in Yapan Bio Private Limited. In October 2020, PPL received a 20% strategic growth investment from the Carlyle Group.

PPL provides equal employment opportunities to all employees and applicants for employment. It prohibits discrimination and harassment based on race, color, age, sex, religion, national origin or ethnicity, disability status, genetics, protected veteran status, sexual orientation, gender identity, or expression, or any other characteristic protected by applicable law. Our employment decisions are based on merit considering qualifications, skills, performance, and achievements. Equal employment opportunity applies to all terms and conditions of employment, including recruitment, selection, training, social programs, placement, promotion, demotion, compensation and benefits, transfers, terminations, and working conditions.