Senior Manager - SRM

Thyrocare; Navi Mumbai, Bengaluru; On-site; INR 2,500,000 - 4,000,000; Full time

Job summary

Thyrocare in Mumbai/Bangalore is seeking a seasoned SRM-KAM to manage supplier relationships, lead strategic sourcing, and negotiate contracts that unlock value across categories and drive mutual growth.

You will set and monitor supplier KPIs, pursue strategic partnerships with key brands, and collaborate with procurement, operations, engineering, and finance to resolve issues and continuously improve supplier performance.

Qualifications

• MBA/Graduate required.
• 8+ years in procurement or supplier relationship management; e-com/pharma a plus.
• Experience in developing strategic partnerships is highly desirable.
• Strong negotiation and communication skills, both written and verbal.
• Proficient in Microsoft Office Suite.

Responsibilities

• Lead supplier selection, onboarding, evaluation, and negotiations.
• Negotiate and manage contracts with key suppliers.
• Establish KPIs for supplier performance and conduct reviews.
• Collaborate with internal stakeholders to resolve performance issues.
• Identify and pursue strategic brand partnerships and joint initiatives.
• Drive continuous improvement in supplier relationships and processes.

Skills

Negotiation

Stakeholder Mgmt

Strategic partnerships

Analytical skills

MS Office

Education

MBA/Graduate

Tools

Excel

PowerPoint

Word

Job description

Location- Bangalore/Mumbai

SRM-KAM

To manage Supplier Relationship and build building and maintain strong, collaborative relationships with key suppliers. This role focuses on strategic sourcing, contract negotiations, performance management, and continuous improvement initiatives to optimize the value derived from supplier relationships. The SRM will also actively pursue and develop strategic partnerships with key brands to enhance the company's market position and drive mutual growth.

Key Responsibilities:

• Supplier Selection & Onboarding:
• Lead the supplier selection process, evaluation, and negotiation.
• Conduct thorough due diligence on potential suppliers, assessing their financial stability, quality systems, and overall capabilities.
• Onboard new suppliers effectively, ensuring smooth integration into the company's supply chain.
• Contract Negotiation & Management:
• Negotiate and manage contracts with key suppliers, ensuring favourable terms and conditions for the company.
• Supplier Performance Management:
• Establish and track key performance indicators (KPIs) for suppliers, such as on-time delivery, quality, and cost.
• Conduct regular performance reviews with suppliers, providing constructive feedback and identifying areas for improvement.
• Collaborate with internal stakeholders to resolve supplier performance issues.
• Strategic Partnerships:
• Identify and pursue strategic partnerships with key brands to enhance the company's market position.
• Develop and execute joint marketing and sales initiatives with partner brands.
• Negotiate and manage co-branding and co-marketing agreements.
• Monitor the performance of strategic partnerships and make adjustments as needed.
• Leverage partnerships to gain access to new markets, customers, and technologies.
• Continuous Improvement:
• Identify and implement opportunities for continuous improvement in supplier relationships and processes.
• Stakeholder Management:
• Build and maintain strong relationships with internal stakeholders, including procurement, operations, engineering, and finance.
• Effectively communicate supplier performance and issues to internal stakeholders.

Qualifications and Skills

• MBA/Graduate
• 8+ years of experience in procurement, supply relation management, or category management. E-com/Pharma experience will be an add on
• Experience in developing and managing strategic partnerships is highly desirable.
• Strong negotiation and communication skills, both written and verbal.
• Proven ability to build and maintain strong relationships with stakeholders.
• Excellent analytical and problem-solving skills.
• Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint).
• Communication & Interpersonal Skills
• Contract Negotiation