Senior Manager -Procurement Strategy & Analytics

SUN PHARMA; Maharashtra; On-site; INR 1,800,000 - 3,200,000; Full time

Job summary

Sun Pharma in Mumbai seeks a Sr. Manager - Procurement Strategy & Analytics to lead cost modeling, supplier risk, and market intelligence to optimize procurement decisions.

You will work with SAP data, Databricks, Python and Power BI to build dashboards, forecasts and actionable insights that drive strategic sourcing and value creation.

Qualifications

• Bachelor's degree in Engineering, Statistics, Business Analytics or related field; MBA preferred.
• 2-3 years of experience in pharma/chemical/manufacturing preferred.
• Proficient in SAP, Databricks, Python, SQL and BI tooling with strong analytical skills.

Responsibilities

• Should-Cost Modelling & Cost Analytics to support procurement negotiations and cost optimization.
• Supplier Financial Risk Assessment through financial health analysis and risk scoring.
• Commodity Market Intelligence & Forecasting to guide pricing and supply decisions.
• Procurement Strategy & Sourcing Analytics with data-driven recommendations.
• Procurement Data Analytics on SAP data, trends, variances, and spend.
• Market & Financial Intelligence using ICIS/Bloomberg/Refinitiv for benchmarking.
• Advanced Analytics & Automation with Databricks, Python, SQL, Excel, Power BI.
• Business Insights & Reporting including market outlooks and supplier risk.
• AI-Powered BI to enhance market research and decision-making.

Skills

Should-Cost Modelling

Cost Analytics

Supplier Financial Risk

Commodity Forecasting

Procurement Strategy

Sourcing Analytics

Data Analytics

Market Intelligence

AI & Automation

Education

Bachelor's in Engineering/Statistics/Business Analytics

MBA (preferred)

Tools

SAP

Databricks

Python

SQL

Excel

Power BI

Job description

Job Title

Sr. Manager -Procurement Strategy & Analytics

Business Unit

Global procurement

Location

Acme Plaza, Mumbai

At Sun Pharma, we commit to helping you "Create your own sunshine"— by fostering an environment where you grow at every step, take charge of your journey and thrive in a supportive community.

Are You Ready to Create Your Own Sunshine?

As you enter the Sun Pharma world, you’ll find yourself becoming ‘Better every day’ through continuous progress. Exhibit self-drive as you ‘Take charge’ and lead with confidence. Additionally, demonstrate a collaborative spirit, knowing that we ‘Thrive together’ and support each other’s journeys.

Key Responsibilities

• Should-Cost Modelling & Cost Analytics: Develop clean-sheet cost models, cost breakdowns, price estimations, supplier cost benchmarking, cost-driver analysis, and Total Cost of Ownership (TCO) models to support procurement negotiations and cost optimization.
• Supplier Financial Risk Assessment: Evaluate supplier financial health through financial statement analysis, profitability, liquidity and financial risk scoring.
• Commodity Market Intelligence & Forecasting: Analyze commodity price trends, raw material and feedstock movements, supply-demand dynamics, macroeconomic factors, and develop price forecasts to support procurement decisions.
• Procurement Strategy & Sourcing Analytics: Identify cost-saving opportunities, evaluate sourcing alternatives, assess supplier competitiveness, and provide data-driven recommendations for strategic procurement decisions.
• Procurement Data Analytics : Analyze SAP procurement data, purchasing trends, price variances, supplier spend, and historical pricing to identify opportunities and improve procurement performance.
• Market & Financial Intelligence : Leverage platforms such as ICIS, Bloomberg, Refinitiv (LSEG), and other market databases for commodity research, financial analysis, benchmarking, and industry intelligence.
• Advanced Analytics & Automation : Utilize Databricks, Python, SQL, Excel, and Power BI for data analysis, predictive modelling, forecasting, dashboard development, and reporting automation.
• Business Insights & Reporting: Develop actionable analytical reports, market outlooks, supplier risk assessments, and presentations to support procurement planning and management decision-making.
• AI-Powered Business Intelligence : Leverage AI chatbots and generative AI tools for market research, competitive intelligence, data analysis, insight generation, and enhanced procurement decision-making.

Job Requirements

Bachelor's degree in Engineering, Statistics, Business Analytics or other related fields preferably with an MBA

Experience

2 - 3 years of experience in the pharmaceutical, chemical, or manufacturing industry is preferred

Your Success Matters to Us

At Sun Pharma, your success and well-being are our top priorities! We provide robust benefits and opportunities to foster personal and professional growth. Join us at Sun Pharma, where every day is an opportunity to grow, collaborate, and make a lasting impact. Let’s create a brighter future together!

Disclaimer

The preceding job description has been designed to indicate the general nature and level of work performed by employee within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees as assigned to this job. Nothing herein shall preclude the employer from changing these duties from time to time and assigning comparable duties or other duties commensurate with the experience and background of incumbent(s).