Global Strategic Sourcing Lead

Piramal Pharma Ltd; Mumbai; On-site; INR 2,600,000 - 5,200,000; Full time

Job summary

Piramal Pharma Solutions in Kurla Bandra, Mumbai, seeks a Global Strategic Sourcing Lead to drive procurement across multiple sites and international geographies. The role focuses on streamlining supplier base, standardizing requirements, and guiding cost-reduction initiatives within the SCM function.

You will lead negotiations, manage vendor performance, support contracts, and collaborate with manufacturing, finance, operations, and engineering to align sourcing with business goals.

Qualifications

• Minimum of 8 years in procurement or strategic sourcing, preferably pharma/healthcare.
• Experience managing sourcing across multiple sites or international geographies.
• Proven 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.

Responsibilities

• Streamline supplier base and standardize requirements across sites.
• Oversee vendor performance, secure cost reductions, and lead negotiations.
• Collaborate on approvals for sourcing plans, contracts, and vendor selections.
• Develop and execute sourcing strategies aligned with business objectives.
• Coordinate with manufacturing, finance, operations, and engineering.
• Monitor vendor performance metrics and drive continuous improvement.

Skills

Stakeholder management

Negotiation

Conflict resolution

Communication

Project coordination

Data analysis

Sourcing strategy

Cross-functional collaboration

Education

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

Master's degree or cpsm/cscp/cips advantageous

Tools

GEP SMART

SAP Ariba

Coupa

Jaggaer

SAP

Oracle ERP

NetSuite

Job description

Job Description

Global Strategic Sourcing LeadBusiness : Piramal Pharma Solutions Department : SCM Location : Kurla Band : 3Job Description Business : Piramal Pharma Solutions Department : SCM Location : Kurla Band : 3

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

• 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.

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 Qualification

• 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.

Full time