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Lead- Feedstock Sourcing

Ludhiana, India

Role: Lead Feedstock Supply Chain Management

Segmentation & survey

l Develop sourcing strategy for all feedstocks

l Assess risk associated with feedstock and energy supply and develop risk mitigation strategies to cost effectively reduce risk to the business.

l Develop relationships with existing and prospective suppliers to create competition and supply alternatives that lead to reduced costs with high security of supply.

l Develop relationships within the RBL procurement network to leverage RBL purchasing power and knowledge.

l Value chain mapping of the feedstock

Prospecting & approach

l Actively scout the feedstock source to explore and identify new opportunities besides existing feedstock sources and actively manage the feedstock opportunity.

l Lead option generation that includes commercial, specification and demand levers and choices of priorities

l Collection of the references & contact data

Market intelligence

Develop an understanding of core supply and demand drivers for all feedstocks and energy for the business.

l Monitor industry changes to feedstock and energy supply, including regulatory changes that could impact supply.

l Be aware of and participate in RBL sustainability goals when sourcing feedstocks and energy for the site.

l Develop and improve business processes related to feedstock and energy procurement.

Planning

l Lead option generation that includes commercial, specification and demand levers and choices of priorities

l Conduct Feedstock Supplier Management activities (research, identify, and validate the credibility of our new Circular Feedstock suppliers

l Monthly plan and annual plan against indent and availability

l Further weekly and daily planning of the material

l Plan Vs actual daily, weekly, monthly & annual

l Monthly cash out flow plan, Performance analysis based on net cost to GCV.

Vendor relationship management

l Develop and lead Feedstock Supplier Relationship teams, where applicable, to drive continuous performance improvement (annual target development, quarterly progress, etc)

l Monthly meeting with the vendors and taking their feedback

l Work across multiple cross-functional teams, where you will be expected to have influence without authority

l Festive greetings and distribution of gifts to them on time to time

l Professional relationship and sort out the concern they raised on time to time

l Straight & transparent communication with them

l Sharing of company news as well future growth, new development on time to time.

Negotiation

l Manage contract status of feedstocks and energy to timely conduct bid proposals.

l Negotiate and maintain contracts and supplier relationships that cost effectively manage risk and cost.

l Ensure contracts adhere to RBL standards and specifications.

l Person should possess good negotiation skill and be prepared all the requirement before start discussion

Closure & ordering

l There should possess written consent note of both the parties on common agreed terms of closure & ordering.

l Person should ensure collection of all the documents / requirements for ordering before leaving the closure meeting.

l It is necessary to check and approved all the consent note submission before issuing of order and ensure to taken back confirmation / acceptance.

Skills/Competencies

Technical Skills

Knowledge of contract negotiation, risk evaluation and mitigation, sourcing strategy development, and a track record of delivering cost savings through identifying opportunities and driving complex supplier negotiations to closure.

Experience developing and managing contracts.

Experience with ERP system i.e. SAP

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