Market Procurement Manager

• Being an integrated business partner by fully understanding the business requirements and provide the best solution to the demand side. Needs to be agile and quick learner of new technologies or best practices in your respective fields and focuses on continuous improvement (lean).
• Responsible for identification and implementation of strategic sourcing initiatives in the local market through the development of internal and external intelligence such as best industry practices, supplier capabilities and capacities, emerging trends and technologies, and regulatory issues.
• Drive all procurement and sourcing activities for all the assigned commodities / supply-base, in line with the global and local procurement strategies for the market.
• Driving sourcing innovation by best in class negotiation strategies and contract management
• Drive supply base management which includes supplier classification, risk management and compliance (Statutory, Fiscal, SOX, Internal Control etc.) of all potentially "high risk" vendors and transactions in your respective commodities / supply-base.
• Drive business value by impacting quality, time to market, supplier innovation and cost efficiency
Supplier related
• Continuously develop, deploy, and manage the strong supply-base, comprising of global strategic and local preferred partners, and supplier relationships for the market needs.
• Drive increased efficiency throughout the domain by reducing costs, risk, and/or enhancing value from suppliers.
• Conduct bidding and negotiations (RFX/e-Sourcing) with suppliers to reduce cost and ensure an open, transparent, and objective process is used to award contracts.
• Conduct periodic supplier evaluation in your area, along with your demand side, to ensure they are providing the goods and/or services for which they are contracted, and as per the defined terms & conditions of the contract.
• Perform periodic audit (or lead audits conducted by third party auditors) of the top / high-risk suppliers and provide guidance to the suppliers on Philips principles (GBP), policies and processes and maintain procurement ethics.
Supply market development
• Being an expert in local requirements (legislation, culture, supply base) and make sure it is applied
• Participates in the development & deployment of the Philips Procurement policies and guidelines
• Actively aligns and safeguards commodity strategies within projects
• Proposes optimization initiatives for supply chain management processes
• On local or regional level, performs benchmarks to (ultimately) plan and optimize the best possible procurement activity and business plan. This is also used to determine possibilities for creating synergies across internal businesses or processes