Manager Strategic Sourcing Boughtout

ACG; Pune District; On-site; INR 2,400,000 - 4,000,000; Full time

Job summary

ACG is seeking a seasoned Manager in Bought Out Vertical to drive strategic sourcing, cost reduction, and vendor evaluation for engineering and automation parts. You will oversee supplier selection, contract execution, and risk mitigation while coordinating with internal teams to ensure alignment with business goals.

Ideal candidates bring a BE in Mechanical/Production, 10+ years in procurement with 5+ years in strategic sourcing, and hands-on experience with SAP MM and SRM in a machine

Qualifications

• BE in Mechanical / Production is required.
• Minimum 10 years in procurement/sourcing, with 5+ years in strategic sourcing leadership.
• Experience in machine manufacturing and bought-out parts is essential.

Responsibilities

• Drive sourcing strategy and cost reduction initiatives.
• Manage vendor assessment and onboarding of new suppliers.
• Lead digital and analytics initiatives (SRM; Me11/Me12).
• Coordinate cross-functional teams for complex procurement projects.
• Ensure governance, compliance, and supplier performance management.

Skills

Cost reduction

Vendor management

Strategic sourcing

Spend analysis

De-risking

Market scanning

CFT leadership

Education

BE in Mechanical / Production

Tools

SAP MM

SRM

Online Auctions

Job description

Position Title : Manager (Bought Out Vertical)

Department: Corporate Strategic Sourcing - Corporate Commercial

Location: Shirwal Pune

Reports to: DGM :Strategic Sourcing

About Us:

ACG is the worlds only integrated pharma manufacturing solutions company. We are headquartered in Mumbai , India. ACG has a presence in over 100 countries with its products and services that strive to provide world-class technology across multiple domains. We offer a complete range of solutions beginning with empty capsules; granulation and tablet coating; capsule filling; tableting; packaging films; blister packing and carton packing to the end-of-line solutions and track and trace systems.

We have an opportunity in ACG Corporate

A. Job Objective

• Drive sourcing strategy
• Driving cost reduction thru various initiatives.
• De-risking (alternate source developments / new technology supplier inclusion)
• Commercial settlements & Rate contracts (synergy suppliers and high value parts)
• Vendor Assessment (addition of new vendors)
• Drive digital initiatives / other new initiatives (Analytics / SRM / Me11 & Me12 dev. / MRO Outsourcing / Out-Sourcing etc.)
• Commonization of vendor base across Engg companies to increase leverage and derive synergy.
• Vendor evaluation

B. Primary responsibilities

Strategic and Planning

• Boughtouts Budget for Engineering & ACGi
• Drive long term strategy
• Business continuity
• Business Rules (review on compliance and drive)
• Inventory Management (Monitor/review & get the actions to reduce free and non-moving)

Functional

(for fulfilling the responsibilities and meeting customer expectations).

• Spend Analysis to understand the major spend part families and identify cost reduction opportunities.
• Identify vendor strengths/weaknesses of existing supplier viz a viz of current business requirement. Plan for addressing the same.
• Scanning of market for identifying suppliers meeting QCD.
• Manage the
• Monitoring new and existing products of various companies which can be adopted by our companies.
• Process orientation and strong in identifying gaps and establishing process in order to bridge the same.
• Awareness of products, functions, manufacturers and their application to our machines. (B/O parts like HMI, PLC, servo, switch gears, motors, geared motors, IPC, Drives, Pneumatics, sensors, bearings etc)
• Knowledge of SAP MM Module is required to drive various important projects.
• SRM, Online Auctions, etc

C. Key Result Areas

• Drive cost reduction thru various initiatives.
• Identify Cost Savings avenues by the various ways like, Renegotiation, Value Engineering, etc.
• Drive De-risking (alternate source developments / new technology supplier inclusion)
• Commercial settlements & Rate contracts (synergy suppliers and high value parts)
• Vendor Assessment (addition of new vendors)
• Drive new digital initiatives example Sourcing Analytics / SRM / Online Auctions / Online Price revision system, etc.
• Commonization of vendor base across Engg companies to increase leverage and derive synergy.
• De-Risking Vendor base by alternate development.
• Commonization of vendor base across Engg companies to increase leverage and derive synergy.
• Commercial settlements as per determined authority matrix.
• Identify vendor strengths/weaknesses of existing supplier viz a viz of current business requirement. Plan for addressing the same.
• Monitoring new and existing products of various companies which can be adopted by our companies.
• Lead CFT for various projects

D. Key Interfaces

Internal Interfaces

• All ACG Group companies. (ACG Engineering, ACG Insp., ACPL, Packaging).

External Interfaces

• Supplier Partners
• Consultants

F. Educational and Experience Requirements

Desired

Level of Education

• BE in Mechanical / Production

Experience

• Minimum 10yrs experience in procurement / Sourcing function and
• Atleast 5yrs in a similar responsibility /position in strategic sourcing
• Must have worked in Machine manufacturing company
• 3yrs Experience of Automation/Electronics products.
• 8yrs in similar position in strategic sourcing
• Exposure/ experience and contacts with suppliers in the similar industry

Basic requirement

• Experience of working in Machine manufacturing company
• Awareness of products, functions, manufacturers and their application to machines.
• Candidates must have handled Boughtout parts like HMI, IPC, PLC, servos, VFD, Pneumatics, sensors, AHU, Scrubber, De-dusters, ADU, motors, etc)
• Awareness about diff. vendor sources and brands for the above mentioned parts
• Drive De-risking (alternate source developments / new technology supplier inclusion)
• Lead CFT for various projects.
• Knowledge of SAP MM Module
• Experience of planning and driving the strategic initiatives
• Direct buying experience from OEM / Manufacturers like Siemens, Mitsubishi, Schneider, etc
• Experience of Boughtout Vendor Audit/Evaluation
• Experience of Value Engineering/Cost Reduction projects for Boughtout parts