Senior Consultant | Sourcing & Procurement | Mumbai | Supply Chain & Network Operations

Procurement Strategy and Planning:Develop and implement procurement strategies that align with organizational goals and objectives.Analyze market trends and supplier performance to identify opportunities for cost savings and process improvements.Create and maintain buying channels. Routing of PRs via. approved buying channels (Catalogs and Preferred Vendors)Supplier Management:Identify, evaluate, and select suppliers based on quality, cost, delivery, and service.Negotiate contracts and terms with suppliers to achieve favorable conditions.Establish and maintain strong relationships with suppliers to ensure high levels of service and reliability.Purchasing and Order Management:Oversee the purchasing process to ensure timely and accurate acquisition of goods and services.Monitor and manage inventory levels to ensure optimal stock and minimize excess inventory.Resolve issues related to procurement and supply chain, including discrepancies, delays, and quality concerns.Contract Management:Draft, review, and manage contracts with suppliers, ensuring compliance with legal and regulatory requirements.Monitor contract performance and ensure all terms and conditions are met.Due diligence and timely contracts renewals.Budget and Cost Control:Develop and manage the procurement budget, ensuring cost control and adherence to financial targets.Conduct cost analysis and identify opportunities for cost reduction without compromising quality.Compliance and Risk Management:Ensure procurement activities comply with organizational policies, legal requirements, and ethical standards.Assess and manage risks related to procurement, including supplier risks and market volatility.Run compliance checks on all free text PR (Purchase Requisition).Perform QC/Auditing on the different Buying channels (BPA/CPA).Reporting and Analysis:Analyse the operational reports, review and present analytical insights on procurement activities / KPIs, supplier performance, and cost savings to senior management.Utilize data and analytics to drive decision-making and continuous improvement.Initiate appropriate actions with the client to drive higher efficiency, effectiveness, control to create value.Stakeholder management:Handle inquiries from internal customers as well as from external vendors delivering professional, helpful, high-quality service and assistance before, during, and after the customer's requirements are met.