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    Vice President Vendor Management - Bengaluru, India - ANSR Global Corporation

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    Description

    Role & Responsibilities:

    Strategic Procurement Leadership:

    • Develop and lead the company's procurement strategy, policies, and best practices
    • Align procurement goals with the organization's strategic objectives
    • Drive innovation and continuous improvement within the procurement function

    Supplier Relationship Management:

    • Cultivate and manage strategic relationships with key suppliers, fostering collaboration and driving performance
    • Negotiate high-value contracts and agreements with suppliers
    • Monitor and evaluate supplier performance, adherence to SLAs, and contract compliance

    Cost Management and Savings:

    • Develop and execute comprehensive cost management strategies, aiming to optimize costs and improve profitability
    • Identify cost-saving opportunities and oversee cost reduction initiatives
    • Manage procurement budgets and track cost savings

    Strategic Sourcing:

    • Oversee the sourcing and procurement process across all categories
    • Implement strategic sourcing initiatives to ensure the best value for goods and services
    • Drive supplier diversity and sustainability efforts

    Risk Management:

    • Identify and assess procurement-related risks; develop strategies to mitigate potential disruptions
    • Establish and maintain contingency plans for supply chain disruptions
    • Stay informed about industry trends and market conditions to proactively address risks

    Team Leadership and Development:

    • Manage and mentor a team of procurement professionals, fostering a culture of excellence and innovation
    • Provide guidance and support in executing procurement initiatives

    Promote professional development and growth within the team

    Contract Management:

    • Oversee the end-to-end contract management process, ensuring all contracts comply with legal and regulatory requirements
    • Negotiate, review, and approve contracts for large-scale projects and partnerships

    Reporting and Analytics:

    • Maintain comprehensive records of procurement transactions, contracts, and cost-related data
    • Generate regular reports on procurement performance, cost analysis, and savings achieved
    • Use data analytics to drive informed decision-making and process improvement

    Must Haves:

    • Strong leadership and team management skills
    • Exceptional communication and interpersonal abilities
    • Analytical mindset with a keen attention to detail
    • Proficiency in contract management and legal compliance

    Experience and Skills:

    • Minimum 18 years of track record of leadership and achievement in sourcing & procurement
    • In-depth knowledge of procurement processes, negotiation strategies, and cost analysis techniques
    • Engineering or Bachelor's/ Master's degree in Civil Engineering, Finance, Supply chain management, or a related field

    Note:This job description is intended to provide a general overview of the responsibilities and requirements of the position. It is not an exhaustive list, and additional duties may be assigned as needed



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