Global Strategic Sourcing Lead

Piramal Pharma Limited; Mumbai; On-site; INR 1,800,000 - 2,400,000; Full time

Job summary

Piramal Pharma Limited in Mumbai is seeking a senior procurement professional to streamline supplier bases, standardize site requirements, and drive cost reductions through strategic sourcing and negotiations.

You will oversee vendor performance, manage internal approvals, support contract activities, and lead cross-functional sourcing initiatives across manufacturing, finance, and operations.

Qualifications

• Experience in strategic sourcing and supplier management.
• Ability to harmonize requirements across sites and drive cost reductions.
• Strong negotiation, vendor performance oversight, and contract support.
• Cross-functional collaboration with manufacturing, finance, operations, and engineering.
• Proficiency with procurement platforms and ERP systems.

Responsibilities

• Streamline supplier base and standardize requirements across manufacturing sites.
• Oversee vendor performance and secure cost reductions.
• Lead vendor negotiations and manage internal approvals.
• Support contract activities and ensure regulatory compliance.
• Formulate sourcing strategies aligned with business objectives.
• Collaborate with manufacturing, finance, operations, and engineering.

Skills

Relationship Management

Influence & Negotiation

Conflict Resolution

Communication

Project Coordination

Tools

GEP SMART

SAP Ariba

Coupa

Jaggaer

SAP

Oracle

NetSuite

Job description

Role & responsibilities

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.

• 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.

Preferred candidate profile

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 analysisparticularly relating to spend patterns, market developments, and vendor performanceto inform strategic decision-making.