Global Strategic Sourcing Lead

Be the First to Apply Division Piramal Pharma SolutionsPiramal Pharma Solutions is a contract development and manufacturing  organization (CDMO), offering end-to-end development and manufacturing  solutions across the drug life cycle. We serve our clients through a globally integrated network of facilities in North America, Europe and Asia.   This enables us to offer a comprehensive range of services including Drug Discovery  Solutions, Process & Pharmaceutical Development services, Clinical Trial  Supplies, Commercial supply of APIs and Finished dosage forms. We also offer  specialized services like development and manufacture of Highly Potent APIs  and Antibody Drug Conjugation.   Our capability as an integrated service provider  & experience with various technologies enables us to serve Innovator and  Generic companies worldwide.   For more details, please visit : www.piramalpharmasolutions.com Job Title Global Strategic Sourcing LeadJob Description Business : Piramal Pharma Solutions Department : SCM Location : Kurla Band : 2Job 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. Key Responsibilities 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.