Strategic Sourcing Specialist

Date:  20 Apr 2024
Location:  Andheri (Mumbai)
Company:  Fleet Management India Private Limited

Our 27-year journey rides on the passion of over 24,000 seafarers and 1,000 onshore professionals. Today, we are one of the largest independent third-party ship management companies managing over 650+ diverse types of vessels.
Headquartered in Hong Kong SAR, China, we operate on a global scale having 27 offices in 12 countries. Our client base spans over 100 world-class ship owners, including Fortune 500 companies from China, Greece, India, Japan, Korea, Netherlands, Norway, Turkey and the USA, among others.
In a shore career at FLEET, you will be working with a team of a highly passionate, self-driven and committed group of people. We aim to be a place where you can achieve your full potential, regardless of your background. We are looking for individuals who are ambitious about making a strong contribution to FLEET’s short and long-term sustainable growth – whether you are dealing directly with clients or working in a role supporting the business, such as technology, legal or communications.


Job Position Summary

The main responsibility of the Strategic Sourcing Specialist is to provide support to the sourcing and/or category teams by delivering cost models, reports, market and process expertise, project delivery coaching, and spend and supplier analysis for effective decision-making. While the Strategic Sourcing Specialist will report to the GM - Strategic Sourcing, developing their sourcing and project management skills, they will also work closely with Category Leads to build their category knowledge across several categories and assist in delivering on the category strategies and plans.
The Strategic Sourcing Specialist will also be required to represent the company in front of various suppliers as part of negotiations or contract reviews.


Key Roles and Responsibilities

•    To support the GM - Strategic Sourcing in ensuring that the global procurement function operates as effectively as possible.
•    To ensure that the category teams are following the best market practices, and leveraging the internal capabilities, systems, processes, and tools of the FLEET procurement department at all times.
•    To directly support the category teams in project delivery as dictated by the needs of the project plans; participate in establishing the category strategies and support the category managers in delivering the category strategies and plans.
•    To provide reports and statistics on suppliers and categories to support the GM - Strategic Sourcing and the rest of the global Procurement Leadership team in optimal decision-making.
•    To assist in performing supplier market analysis and organising market intelligence for spend within FLEET’s operations and benchmarking the comparisons.
•    To assist in developing effective bidding, negotiation, and pricing strategies to provide the business with the best value in the marketplace for the dollars spent in a manner that meets the budgets, policies, ethical standards, and audit requirements of the Group.
•    To maintain and contribute to procurement policies, processes and guidelines and ensure compliance with procurement processes and policies for all of FLEET’s procurement activities.
•    Support the development of a supplier management program with key category suppliers, including metrics, performance goals and improvement initiatives.
•    Collaborate and cooperate with cross-functional category teams with the aim of driving cost reduction, improving quality and delivery performance and other applicable key performance areas.

 

The Strategic Sourcing Specialist will report to the GM - Strategic Sourcing, and work closely with Strategic Sourcing team members and Category Management colleagues. The role will also collaborate and work closely with stakeholders from the various technical teams and other colleagues in the Procurement Department.
The position also involves representing the Company in front of various suppliers (both approved and potential).

 

Job Experience, Functional Knowledge and Qualifications

•    Bachelor’s degree
•    8+ years of work experience with at least 5yrs of procurement experience including negotiations, strategic sourcing and managing supplier relationships
•    Good working knowledge of category management and strategic sourcing disciplines and processes
•    A self-driven team player, who understands the importance of stakeholder management, can build rapport at all levels even in challenging situations and can encourage and influence others without authority
•    Have an entrepreneurial mindset with strong analytical and presentation skills
•    Can handle risks and uncertainties and be flexible in adapting when priorities change. Must feel comfortable in challenging the status quo and are motivated to lead change
•    Has a strong commercial mindset with a natural focus on achieving the most cost-effective solutions for the business
•    Strong interpersonal skills, capable of developing and influencing internal and external relationships and holds excellent command over spoken and written English and associated communication skills
•    Resourceful, self-driven and proactive
•    Proficient in the use of MS Office Applications and understanding of supply chain procedures.
•    Strong analytical skills with the ability to work on procurement requirements, budgets, cost analysis, cost control and cost savings aspects.
•    Ability to understand and adapt technical requirements into procurement processes and related streamlining
•    Exposure to the marine industry or other heavy industry will be considered an advantage

 

Competencies -: Indicate the observable behaviours that demonstrate the knowledge, skills and abilities that the employee should have at a particular level.


Analysis & problem solving
Collaboration, inclusion & teamwork
Listening and communicating
Customer focus
Planning & organizing
Initiative
Accountability


Fleet Management Limited is committed to diversity, equity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by local laws