Sr. Manager Procurement - Gemstone

Position: Sr. Manager Procurement - Gemstone )
About Organization:
Business Context and Opportunities
A global conglomerate, the Aditya Birla Group is in the League of Fortune 500. Anchored by an extraordinary force of over 140,000 employees belonging to 100 nationalities, the Group is built on a strong foundation of stakeholder value creation. With over seven decades of responsible business practices, our businesses have grown into global powerhouses in a wide range of sectors – metals, pulp and fibre, chemicals, textiles, carbon black, telecom, cement, financial services, fashion retail and renewable energy.

Today, over 50% of Group revenues flow from overseas operations that span 36 countries in North and South America, Africa, Asia and Europe.
The Group would like to expand its Retail Footprint and leverage the trust and synergy built over the years in luxury retail by launching a Jewellery Business in India. India's gems and jewellery market contributed around 7% to GDP and 14% to India’s total merchandize export in February’21 with a market size was at US $ 78.50 billion in FY21. The jewellery industry in India is largely driven by individual family owned small to medium size businesses.

Thus, the Group anticipates that there is scope of development of large retailers / brand in jewellery industry in near future. The venture will benefit from the retail experience, knowhow and trust build over the years with various ABG Luxury Retail Brands. It will also be able to harness the people, technical and operational capabilities from Group’s retail arms. The range will be developed as a proof of concept for an integrated offering and may be diversified with multiple brands post establishment of a commercially viable business model.
Novel Jewels, an Aditya Birla Group company, is into premium jewellery segment.
The Aditya Birla Group, a global conglomerate in the Fortune 500, operates across diverse sectors such as metals, telecom, financial services, and renewable energy, with over 140,000 employees worldwide. Over 50% of its revenue comes from international operations across 36 countries. With a history of responsible business practices, the Group aims to expand its footprint in India's jewellery market, which contributes significantly to the country's GDP and exports.

Given the industry's predominance of small, family-owned businesses, the Group sees potential for developing large-scale jewellery retail brands. The venture will leverage the Group's expertise in luxury retail, operational capabilities, and trust, with plans to diversify the offering once a viable business model is established.
The business has successfully launched 45 stores by Feb 26 under the brand name  Indriya  with plans to ramp up multiple folds in coming year. The initial customer response has been very encouraging.

Job Description below but not limited to:

Process Contribution Process Outcome Performance Measure
Strategic Sourcing
1. Strategic Sourcing Framework
2. New Vendor Evaluation
3. Cost Management
4. Vendor Bank Creation
100% SLA  Impact Vs Benefit
Deployment Assurance
Performance Management
1. Lead Time & IH Days Reduction
2. Volume & DDP
3. Vendor Performance Review (Alignment Assurance)
4. Interoperability

Capability/ Capacity Enhancement
1. Identification of Right Cost Vendors
2. New Capability Enhancement
3. Peak Capacity Management
4. New Vendor Scouting
100% SLA
Deployment Assurance
Critical Competencies for Success:
1. Strong Negotiation and Influencing skills to manage the external as well as internal stakeholders.
2. Ability to collaborate closely with other business teams to deliver value to the Aditya Birla Group.
Excellent at Stakeholder Management including developing mutually beneicial long-term
relationships.
Person Proile
A successful candidate should have at least 8 - 10 years of experience in sourcing in the Jewellery industry.
1. A strong background in sourcing, vendor management and business acumen in a leading jewellery
organization. Knowledge about Jewellery Mfg., Trends, Category Know How and NPD
2. Specifically, the successful candidate should have:

• Exposure to all the aspects and functions of sourcing.

• Led & managed the sourcing function in an organization of similar size & scale.

• Managed the team involving the staffing, mentoring and development of the team members.

• Should have good networking skills.
3. Behavioural

Skills:

Delivers Results | Interpersonal Effectiveness | Build Effective Teams | Influence for Impact
4. Educational

Qualification:

Graduate / Postgraduate