Biocon - Senior Role - Strategic Sourcing - Pharma/Biotechnology (12-18 yrs)
Brief Job Description
The role will help create and Support sustainable Material Sourcing that .Delivers both short, medium and long-term value to the business. A key part of the role will be to integrate the current procurement teams with strategically streamlined structure and to ensure long term continuity of sourcing operations.
Key accountabilities for the role:
The key responsibilities of the role are to meet market the long term demands as per agreed service levels,manage working capital components of inventory and vendor payments, optimally source all components for-commercial and new products, ensure supplier quality assurance, -reduce supply risks, lead the team to deliver stretch targets and .continually improve processes to achieve the company growth targets.
- Strategize & Drive Sourcing & Procurement Function for the Manufacturing and R&O- New Product Development in terms of process improvements & innovation to create a strong and stable vendor base for all critical dependencies.
- Manage the development of short, medium and long term Supply Chain strategy ensuring it ls aligned with Business and Purchasing strategies
- Assess risk factors to. Ensure minimum cost exposure to Business and take appropriate action to ensure exposure is kept to an absolute minimum.
- Lead and engage all-critical vendors through a long term-supply / purchase agreements by negotiating and minimizing the impact of criticality supply risks, binding global vendors on-consistent and sustainable supplies. Working closely with legal teams considering aspects-such as supply continuity, indemnity, pricing and non- supply penalties.
- Manage contract negotiations_ for all vendors ensuring cost quality, service targets and standards are achieved demonstrating competitive advantage to the Business as a result.
- Negotiate at manufacturer level and ensure cost transparency and net costs. Ensure that a detailed plan to implement the Supply Chain strategy is in place in line with the business requirements and conclude to Orders completeness.
- Develop strong relationships with key stakeholders, including Business Unit, Plant, R&D, SCM and Regulatory teams. Strong collaborations needed with project Management, Planning, - legal and IP teams.
- Develop strong relationships with Suppliers and Distributors and -establish effective measurement criteria for performance review and continued improvement.
- Work closely within the supply chain and finance teams to ensure that the financial impact of any sourcing activity is captured. Ensure Purchasing data is robust, relevant and communicated internally in a timely manner.
The successful candidate will have experience of strategic Sourcing in a variety of .categories, ideally gained within a complex .international business {i.e. multiple sectors, multiple markets and multiple countries}.
to working as part of a team and dealing with a large number of suppliers. Knowledge of relevant commercial legislation with a. -thorough understanding of the end to end Purchasing and- Supply.Chain process
- Creation of Purchasing and Supply Chain strategies from formulation through to implementation. Articulates business priorities within a 3-5 year horizon and translates .group strategies into business or functional strategies for own ar.ea of responsibility. -
- Challenges the status quo and clearly articulates what needs to be changed. Transforms and aligns the organization through people-and processes to drive for sustainable improvement
- Creates a clear sense of team identity. Focuses on aligning and building effective teams across functions and geographic areas. Delegates- decision. Making to the correct level within the organization. Provides feedback and coaching to team members for development
- Creates partnerships at group/i international level. Shares best practices across the business and adopts and implements best practices developed by others within the. group.
Skills, Knowledge and Experience -8 to 10 years of-experience in vendor management, vendor development, procurement and sourcing.
- A dynamic professional with the ability to develop and-manage a team in order to deliver results with thorough experience in sourcing for multiple Business Units (Small Molecules and Biologics)
- Strong-analytical skills with the ability to synthesis data in order to determine and recommend the best course of action. Excellent verbal and written communication skills with a proven ability to effectively engage and. manage a' diverse group of stakeholders.
- Good presentation skills. Ability to understand and reconcile business requirements with prevalent local issues. An understanding of the- Country Pharma Supply Chain markets and how they operate. Hands-on experience in Sourcing of Chemicals and intermediates for API.
- Cost Reduction in Sourcing & Development. Vendor Identification & Strategy Deployment.
- Good knowledge of Regulatory requirements for OMF filings in sourcing area.-commercial source identification, filing, negotiations and contract finalization for commercial and NPD materials.
- Good knowledge about market and sources right from basic starting materials. China and Europe sourcing "experience is an added advantage.
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