Lead - Sourcing Titan Company

About Titan Company

Job Description

Job Requirements Objective of the Role: Drive Strategic Sourcing Excellence and Deliver Sustainable Value Major Roles and Responsibilities: 1. The Role is to develop Strategic Planning, Annual Planning, Cost Reduction Program at Sourcing in line with the Business verticals like Mainline, Premium, SMART, etc. 2. Define and Develop sourcing strategy for respective category: Products Portfolio 3. Vendor Relationship Management & People Management: Competency building, Succession Planning, Training intervention, and R&R Program 4. Market intelligence: Supply Market analysis / Market insights & Analysis 5. Drive Digitization and Digitalisation Initiatives at Sourcing 6. Compliance Management 7. Risk Management: Identify risks through Key Risk indicators and mitigation planning! 8. Develop Cost structure analysis, Bench Marking, and provide clarity to the eco system on Design Quality Std. Cost 9. Product Life cycle Management, & Inventory Management 10 Create and Develop Analytics Cell within Sourcing function Work Experience Education: Engineering (14 to 17 years of experience) / Engineering & Postgraduate in Supply chain Management or Operations (10 to 13 years of experience) Experience: Production, Procurement, Product Management and Quality (Dominant experience: Sourcing or Direct components Procurement) Knowledge: Understanding about Supply chain: Value chain Procurement: Best Practices, processes and Technologies Demand & Delivery Planning Process New Product Development Process Product / Category knowledge Market intelligence Contract Management Legal, Statutory and corporate governance Product Cost / Commercial aspects SAP / ERP Analytics / BI Performance Metrics Risk Assessment Bench marking Inventory Management Technology & Innovation,