<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 in Kanathur Reddykuppam (UID-16215)

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Job Description for Procurement Manager

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