New Product Development (NPD) & Strategic Sourcing- Collaborate cross-functionally with R&D, Marketing, and Operations to facilitate seamless product development cycles. - Conduct comprehensive value chain analyses, assessing factors such as pricing, seasonality, availability, specifications, geographical considerations, packaging, challenges, and opportunities for value addition. - Identify, evaluate, and onboard vendors aligned with product specifications and quality standards. - Lead contract negotiations, ensuring favorable terms and adherence to company policies. - Manage end-to-end procurement and supply chain processes, ensuring timely delivery and cost efficiency.Procurement of Specialized Chemicals- Oversee procurement and supply chain operations for raw materials catering to both domestic and international markets. - Develop and maintain relationships with suppliers to ensure consistent quality and supply. - Implement inventory management strategies to minimize slow-moving and obsolete inventory (SLOB). - Achieve cost savings through the identification of alternative vendors and innovative sourcing strategies.Indirect Procurement (Admin Services & Expense)- Support procurement activities related to administrative services, including facilities management, office supplies, and other indirect spend categories. - Ensure compliance with company policies and optimize costs through strategic sourcing initiativesDigital Initiatives & IT Procurement- Lead procurement efforts for IT products, applications, software, and services, ensuring alignment with organizational goals. - Oversee the end-to-end management of IT tools for supply chain management, including requirement identification, vendor selection, product development, user acceptance testing (UAT), minimum viable product (MVP) deployment, implementation, and continuous enhancements. - Look for digital, dashboards related to ongoing procurement practices - Engage with stakeholders across Marketing, Sales, IT, Supply Chain, and Procurement to ensure successful project executionEnvironmental, Social, and Governance (ESG) & Sustainability- Implement and monitor projects aimed at enhancing supply chain sustainability and achieving ESG goals. - Ensure Supplier assessment (Desktop, 2nd and 3rd Party), Monitor sourcing policies, setting up SOP and KRA of Categories, ensuring supplier trainings on ESG and sustainability - Oversee the creation of ESG reports, ensuring compliance with relevant regulations and standards - Stakeholder engagement – within department, across department & across geographies (Nepal, Gulf etc.)Key Competencies- Strategic sourcing and negotiation skills - Comprehensive understanding of supply chain management principles - Proficiency in IT procurement processes and digital transformation initiatives - Strong analytical and problem-solving abilities - Effective stakeholder engagement and cross-functional collaboration - Commitment to sustainability and ESG principlesPreferred Qualifications- PGDM, MBA with minimum experience of 5-7 years in relevant field - Experience with ERP systems and procurement software: SAP and other related or equivalent system
Job Title
Purchase Specialist