Execute tactical sourcing for particular category
- Manage close alignment between Procurement Lead and Project buying teams for optimal sourcing execution in line with category strategies
- Guide buyers to execute as per short-term/ long-term Procurement Strategy for tactical sourcing under his/her control including: Supplier / Pricing / Contractual Relationships / Terms and Conditions / Lead Time
- Direct and review the following activities for the delegated category of materials/ services:
a. Supplier identification
b. Supplier qualification assessment and short-listing
c. Release of Request for Quotation/ Enquiry
d. Receipt of offers from suppliers
e. Preparation of comprehensive comparative statements
- Assist in the development of sourcing and negotiation strategies for key spend areas and implement negotiation strategies for major buys
- Specify and check final commitments with suppliers according to approval thresholds
- Enforce inputs of FC&A and Legal teams are obtained
Assess set-up of Agreements with the finalized suppliers
Conduct Annual Procurement Planning & Budgeting for assigned tactical sourcing categories for the project
- Facilitate buyers to plan on the basis of the business requirements, and consolidate them to prepare necessary information
- Set targets for each buyer
- Check spend vs. budget on a regular basis to capture variations
- Develop and implement actions plans to bring spend under control
- Propose cost savings programs along with the P&C Planning & Strategy
- Achieve total lower cost ownership
Manage and develop people within the market segment group
- Identify and review necessary capabilities needed within the market segment
- Understand current capabilities within the group and define improvement requirements
- Align improvement requirements with individuals and define and agree training and career development plan
- Set goals, review and manage performance, guide and counsel and provide feedback to them
- Ensure high level of employee engagement and satisfaction and retention of key personnel