Procurement Head - Pharma (5-17 yrs)

Profile Specifics:

Department: CEO's Office

Designation: Procurement Head

Location: Hyderabad

Team Size To be built - ~100 associates in Subsidiary companies

Role & Responsibilities:

- Key responsibilities and focus areas shall include:

- Overall responsibility for ensuring product availability for sales as per the assortment and enhancing purchase margins at optimal inventory levels.

- Build strong relationships with the vendor companies (pharmaceutical companies) to create value.

- Design and implement a shared service center for purchase of traded goods for all the subsidiary companies to enhance purchase margins and drive productivity.

- Ensure meeting working capital targets for the group through optimization of the purchasing process and negotiating credit terms with vendors.

- General Skills - Very strong influencing skills to drive change with the subsidiary partners.

- Self-motivated individual who takes initiatives independently.

- Displays integrity, openness, transparency.

- Results and outcome oriented individual.

- Professional written and verbal communication and interpersonal skills.

- Technical Skills - Strong Negotiation skills.

- Strong Analytical Skills - with hands on skills on culling insights and information from large amounts of data.

- Strong business acumen.

- Understanding of the pharmaceutical business.

- Prior Experience - 5 years minimum experience in Pharma/ wholesale/ retail industry in purchasing/ shared service roles.

Qualifications:

- Graduate (mandatory)

- MBA (preferred)

Reporting To - CEO

Reported By - At present no one

- Team to be built

Other: Travel 10 - 15%

Key Experience:

- Procurement or relevant shared service leader with proven business results.

- Hands on experience in vendor negotiations - preferably of traded goods in a wholesale or retail environment.

- Very strong analytical skills and a feel for numbers.

- Demonstrates the ability to handle scale, complexity, and ambiguous environments / situations, including the ability to handle multiple senior-level internal/external stakeholders.

- Strategically strong with an ability to 'connect the dots', have a road map for the business and inspire confidence at the highest levels.

Key Skills and Competencies:

- Strong domain expertise in the field of procurement.

- Self-starter and self-managed with a high personal and work ethic.

- Displays integrity, openness, and transparency.

- Professional written and verbal communication and interpersonal skills.

- A strategic perspective and strong analytical skills.

- Ability to question status-quo and drive decisions via influencing / gaining buy-ins where there is no direct authority.

- Result oriented with focus on quality and delivery, including the ability to make quick decisions.

- Decision making by proactive controlling, with timely, concise, correct, fact-based analysis, reporting and forecasting.