Principal - Professional Services and Business Consulting
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Key skills for this role
About the Role
The role involves driving procurement strategies, enhancing supplier relationships, achieving cost savings, and developing sourcing models in Professional Services and Business.
Key Skills for This Role
Full Job Posting
Overview
The principal will liaise with other flying squad & CoE members basis the business requirement and gather the required capabilities within the sprints to ensure achievement of squad outcomes.
The principal as a part of Strategic Procurement chapter will identify the best practices, share their expertise & deep knowledge with chapter members to upskill and achieve set outcomes.
Job Outcomes / Results
Achieve category squad outcomes
Develop the sourcing calendar
Generate effective cost savings and revenue in Professional Services & Business Consulting category
Enhance quality of products and suppliers
Improve service delivery and TAT
Foster business partnerships with internal stakeholders
Develop supplier costing models for target costing analysis
Ensure accurate demand consolidation & planning for respective category
Achieve sustainable procurement targets (ESG)
Align category metrics with leading benchmarks
Develop a potential vendor library
Skills
and Experience
Education
Bachelor s degree in :- Supply Chain Management / or equivalent degree
Post graduate degree in Supply Chain Management and / or equivalent professional qualification (Preferred)
Experience
7 - 11 years relevant working experience
3 - 5 years of relevant working and managerial experience in the sourcing Professional Services & Business Consulting category
Strong procurement / sourcing experience
Understanding of emerging telecom/ supply chain practices and trends
Experience
working in a medium to large organization, managing Professional Services & Business Consulting Categories
Experience
working across global locations/ regions and have a grasp of political, social, infrastructure and integrity challenges
Experience
in continuous improvement through the implementation of best practices (SCM)
Certified Supply Chain Professional (CSCP)
Member of the Chartered Institute of Purchasing and Supply (MCIPS)
Key Activities & Responsibilities
Develop the strategy for Professional Services & Business Consulting strategic category, detailing key priorities for short-, medium- and long-term goals, and maximize cost savings without unduly reducing other sources of value, ensuring competitiveness, and mitigate short- and long-term risks.
Drive organizational commitment to the savings, investments, innovation, and quality goals by building cross functional agreement and signoff from business stakeholders and leadership.
Drive implementation of specific outcome-based initiatives and drive them in sprints to support the category strategy and define clear quantification of the cost and non-cost benefits that these initiatives will achieve.
Perform internal and external benchmarking, comparing procurement practices focusing on at costs, quality, operating processes, and other metrics throughout the organization, across regions, business units and competitors
Analyze current suppliers for Professional & Business Consulting services to develop an understanding of where the business unit fits into each supplier s portfolio and thus what sort of leverage for negotiation exists.
As part of sprints, collaborate within the squad to define contractual obligations (duration, expiry, and time since last bid), the length of supplier relationships, conduct evaluation of supplier performance versus business needs, and the evolution of the supply base over time
Segment the supply market by region and product type, to understand the key business drivers behind price development, and analyzing the relevant market economics, as well as suppliers cost structures
Use market intelligence tools and databases to screen the markets for suppliers offering new technologies and standout innovations that bring real improvements to the business.
Develop supplier cost models, perform clean sheet analysis, spend analysis, price curves etc.
Drive the negotiation discussions with key suppliers' basis market research on global pricing structures & current supplier cost positions
Identify the levers for minimizing the Total Cost of Ownership for the relevant category.
For ex: (Effective payment terms, streamlined specifications, SLA Management etc.)
Responsible for defining the spend baseline and the evolution of that spend over time by detailing out the spend structure by segment, supplier, business unit, and region.
Assess historic spending patterns, incorporate it as part of category strategy process and drive future spending
As a part of sprint review, track & measure Professional Services & Business Consulting category performance (including corrective actions if necessary), deliver progress report to scrum master
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