Piramal Group

Global Strategic Sourcing Lead

Piramal Group  •  Mumbai, IN (Onsite)  •  5 months ago
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Job Description

Business : Piramal Pharma Solutions

Department : SCM

Location : Kurla

Band : 3

Relevant Experience :

  • Minimum of 8 years in procurement or strategic sourcing, preferably within pharma / healthcare sector
  • Direct experience managing sourcing efforts across multiple sites or international geographies.
  • Documented success in achieving significant cost savings through strategic initiatives.
  • Familiarity with e-auction platforms and advanced negotiation tools.
  • Awareness of supply chain risk management and sustainability measures.

This role is responsible for streamlining the supplier base, standardizing requirements across manufacturing sites, overseeing vendor performance, securing cost reductions, leading vendor negotiations, managing internal approvals, and supporting contract activities.

  • Cost Reduction Initiatives: Implement sourcing strategies that realise measurable savings through negotiation, volume leverage, and market intelligence analysis.
  • Direct Negotiations: Conduct face-to-face negotiations with suppliers to secure advantageous terms, pricing, and service agreements, fostering mutually beneficial relationships.
  • Requirements Harmonization: Drive the standardization of materials and services across multiple manufacturing locations to ensure consistency and achieve financial efficiencies.
  • Vendor Base Optimization: Assess and refine the supplier base to minimize complexity, consolidate relationships, and enhance operational effectiveness while upholding quality standards.
  • Vendor Performance Oversight: Establish and monitor vendor performance metrics and continuous improvement plans to guarantee high-quality service delivery and adherence to contractual commitments.
  • Approval Management: Collaborate with internal partners to obtain necessary approvals for sourcing plans, contracts, and vendor selections, ensuring organizational alignment.
  • Contractual Support: Work closely with legal and procurement teams on contract development, review, and execution to ensure compliance with corporate policies and regulatory standards.
  • Strategic Leadership: Formulate and execute sourcing strategies aligned with business objectives, leveraging industry insights, spend analytics, and supplier innovation.
  • Cross-Department Collaboration: Partner with teams across manufacturing, finance, operations, and engineering to align sourcing objectives with organizational goals and project deliverables.Competencies:Stakeholder Management Expertise:
  • Relationship Management: Proven ability to establish and maintain productive relationships with both internal stakeholders and external suppliers.
    • Influence and Negotiation: Demonstrated strength in influencing decisions and negotiating to align diverse interests.
    • Conflict Resolution: Proficiency in resolving conflicts to maintain progress and positive working relationships.
    • Communication: Superior verbal and written communication skills, with the ability to clearly articulate sourcing strategies and facilitate cross-functional collaboration.
    • Project Coordination: Strong project management skills, particularly in managing expectations, timelines, and deliverables for complex, multi-site projects.
    • Technical Proficiency:
  • Experience with procurement platforms (e.g., GEP SMART, SAP Ariba, Coupa, Jaggaer) and ERP systems (e.g., SAP, Oracle, NetSuite).
    • Understanding of contract management procedures and legal compliance.
  • Industry Knowledge: Comprehensive knowledge of global sourcing practices, supplier management, and market trends within [insert relevant industry].

  • Analytical Ability: Advanced skills in data analysis—particularly relating to spend patterns, market developments, and vendor performance—to inform strategic decision-making.
  • bachelor’s degree in supply chain management, business, finance, data analytics, or a related discipline; a master’s degree or relevant credential (e.g., cpsm, cscp, or cips) is advantageous.


In the three decades of its existence, Piramal Group has pursued a twin strategy of both organic and inorganic growth.
Driven by its core values, Piramal Group steadfastly pursues inclusive growth, while adhering to ethical and values-driven practices.
Equal employment opportunity
Piramal Group is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, ethnicity, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, genetics, or other applicable legally protected characteristics.

We base our employment decisions on merit considering qualifications, skills, performance, and achievements. We endeavor to ensure that all applicants and employees receive equal opportunity in personnel matters, including recruitment, selection, training, placement, promotion, demotion, compensation and benefits, transfers, terminations, and working conditions, including reasonable accommodation for qualified individuals with disabilities as well as individuals with needs related to their religious observance or practice.

Piramal Group

About Piramal Group

- Offices in over 30 countries

- Brand presence in over 100 global markets

- Team of over 10,000 people from 21 diverse nationalities

Piramal Group is a global business conglomerate with diverse interests in Pharma, Financial Services, and Real Estate. The Group has offices in over 30 countries and a global brand presence in more than 100 markets.

Led by Mr Ajay Piramal, the Chairman, Piramal Group is a torchbearer of trusteeship and responsible business ethos. Based on the philosophy of ‘Doing Well and Doing Good’, the Group continues to create long-term value for its stakeholders and the community at large.

In the three decades of its existence, Piramal Group has pursued a twin strategy of both organic and inorganic growth.

Driven by its core values, Piramal Group steadfastly pursues inclusive growth, while adhering to ethical and values-driven practices.

Piramal Foundation, the philanthropic arm of the Piramal Group develops innovative solutions to resolve issues that are critical roadblocks towards unlocking India’s economic potential. Its sustainable development programmes in healthcare & nutrition, education and safe drinking water across 25 Indian states, largely in partnership with the central and state governments have impacted over 100 Million lives till date.

Each social initiative nurtured by the Piramal Foundation addresses one of the three focus areas :

Piramal Swasthya: Primary Healthcare and Nutrition

Piramal School of Leadership: Education Leadership and Women & Youth Empowerment

Piramal Sarvajal: Access to Safe Drinking Water

Industry
Government & Public Safety
Company Size
1,001-5,000 employees
Headquarters
Mumbai, IN
Year Founded
Unknown
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