<ul>
<li>This initiative is aimed at unlocking cash potential and driving cost savings among A-category</li>
</ul>

<ul>
<li>Contract Manufacturers (CMs) located throughout India. The primary objectives include the</li>
</ul>

<ul>
<li>optimization of working capital, restructuring of conversion costs, and implementation of process</li>
</ul>

<ul>
<li>improvements to achieve substantial benefits in both cash flow and operational costs.</li>
</ul>

<ul>
<li>Procurement Negotiations,</li>
</ul>

<ul>
<li>Stakeholder Management,</li>
</ul>

<ul>
<li>Supply Chain Understanding,</li>
</ul>

<ul>
<li>Category Management,</li>
</ul>

<ul>
<li>Non-operations &amp; In-depth Finance Understanding,</li>
</ul>

<ul>
<li>Payment Terms and Working Capital Manufacturing</li>
</ul>

Deliverables

<ul>
<li>Cash Potential Unlock~10 million</li>
</ul>

<ul>
<li>CM Savings (Restructuring &amp; Benchmarking) ~2 million</li>
</ul>

 Key Accountabilities:

<ul>
<li> Facilitate cash release by conducting comprehensive Working Capital (WC) analysis for CMs, identifying opportunities, and aligning WC CM partners leading to PT extension.</li>
</ul>

<ul>
<li>Lead initiatives to achieve conversion cost savings by benchmarking line-level costs at each CM and overseeing CSC restructuring, ensuring that savings are realized in CPT.</li>
</ul>

<ul>
<li>Enhance processes at C-category CMs, with a particular focus on FG costing and material reconciliation processes</li>
</ul>

<ul>
<li>Support the advancement of 2 CMs from C-category to A-category status by implementing best practices in cost control, quality improvement, and process efficiency.</li>
</ul>

<ul>
<li>Assist in the restructuring of the HC network.</li>
</ul>

<ul>
<li>Framing compliance requirements and policies</li>
</ul>

<ul>
<li>Digitalization of cost sheets by standardization of cost sheets</li>
</ul>

<ul>
<li>Monitor and manage Sigma CM Program Modules (Control Tower for CM Operations)</li>
</ul>
 
Professional Skills:
 
<ul>
<li>Good Data &amp; Analytical skills</li>
</ul>

<ul>
<li>Expert business partnering &amp; stakeholder management</li>
</ul>

<ul>
<li>Ability to work in a fast-paced, dynamic environment with owner’s mindset</li>
</ul>

<ul>
<li>Problem-solving skills to address and resolve operational issues while maintaining attention to details</li>
</ul>

<ul>
<li>Negotiation &amp; communication skills</li>
</ul>

<ul>
<li>Basic financial acumen for understanding business cases &amp; reporting</li>
</ul>

Procurement Manager

India

This initiative is aimed at unlocking cash potential and driving cost savings among A-category Contract Manufacturers (CMs) located throughout India. The primary objectives include the optimization of working capital, restructuring of conversion costs, and implementation of process improvements to achieve substantial benefits in both cash flow and operational costs. Procurement Negotiations, Stakeholder Management, Supply Chain Understanding, Category Management, Non-operations &amp; In-depth Finance Understanding, Payment Terms and Working Capital Manufacturing Deliverables Cash Potential Unlock~10 million CM Savings (Restructuring &amp; Benchmarking) ~2 million Key Accountabilities: Facilitate cash release by conducting comprehensive Working Capital (WC) analysis for CMs, identifying opportunities, and aligning WC CM partners leading to PT extension. Lead initiatives to achieve conversion cost savings by benchmarking line-level costs at each CM and overseeing CSC restructuring, ensuring that savings are realized in CPT. Enhance processes at C-category CMs, with a particular focus on FG costing and material reconciliation processes Support the advancement of 2 CMs from C-category to A-category status by implementing best practices in cost control, quality improvement, and process efficiency. Assist in the restructuring of the HC network. Framing compliance requirements and policies Digitalization of cost sheets by standardization of cost sheets Monitor and manage Sigma CM Program Modules (Control Tower for CM Operations) Professional Skills: Good Data &amp; Analytical skills Expert business partnering &amp; stakeholder management Ability to work in a fast-paced, dynamic environment with owner’s mindset Problem-solving skills to address and resolve operational issues while maintaining attention to details Negotiation &amp; communication skills Basic financial acumen for understanding business cases &amp; reporting

Procurement Manager · Kanathur Reddykuppam

Job highlights

Skillset required

Job Description

Job Description for Procurement Manager

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