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Sr. Consultant - Cost Modelling Lead (Should Cost Modelling experience will be preferred)

Powai Iit Powai Mumbai, Mumbai, India
Competitive Salary
Closing date
Mar 1, 2024

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Job Role
Business Analyst
Contract Type
Full Time
India is among the top ten priority markets for General Mills, and hosts our Global Shared Services Centre. This is the Global Shared Services arm of General Mills Inc., which supports its operations worldwide. With over 1,300 employees in Mumbai, the center has capabilities in the areas of Supply Chain, Finance, HR, Digital and Technology, Sales Capabilities, Consumer Insights, ITQ (R&D & Quality), and Enterprise Business Services. Learning and capacity-building is a key ingredient of our success.

Position Title: Should Cost Modeling Lead
Function/Group: Sourcing
Country: India

Recommended Level: 60
Job Type: Full time
Role Reports to: Sr.Manager- Global Sourcing Solutions
Geographical Scope of the Role -

US/UK/Other International
Percentage of travel required: 10%

Job Overview
Sourcing is seeking a high-performing and self-motivated individual to join the DnA (Data & Analytics) Should Cost Model COE team as a Cost Model Lead. This role is a great opportunity for an individual who wishes to grow professionally in the intersection of procurement, finance, and manufacturing. The individual who will qualify for this position must demonstrate strong analytical skills, high curiosity, ability to learn new concepts quickly, a proactive mindset, an aptitude for active listening and great communication skills.

The Cost Model Lead is responsible for the development of should-cost models for direct, indirect and ESC categories across the global sourcing organization. Our focus is to provide the data, insights and resources that buying teams need to most effectively leverage should cost modeling.

This position reports to the Cost Model COE Manager and collaborates with internal business partners. Our scope is to support buying teams in all regions as well as the Global Sourcing Center.

Job Responsibilities


. Develop should cost models across a range of spend categories - perform research on production/delivery processes on categories, develop structure of models, research and validate assumptions, and test modeling logic

. Analyze cost model results and communicate model logic, findings, and implications with Sourcing and business team counterparts

. Support any negotiations or other sourcing events as needed to ensure effective use of cost models by procurement team counterparts

. Ensure consistent application of cost model methodologies across categories

. Develop and manage centralized cost model COE KPIs tracking, reporting, and communication to the organization support a capacity model and operational metrics to ensure COE resources are used most effectively and stakeholder needs are met

. Maintain a central library of models to ensure said models are up-to-date and ready for use by procurement counterparts

. Utilize benchmarking and internal stakeholder feedback to support COE capability development

. Demonstrate strong knowledge of should-cost modeling and take the initiative to teach skills to COE team members play an active role in onboard training, stakeholder communication, and team culture

. Collaborate with T&S on roadmaps including tool enhancement, data management and assessment of new capabilities

. Connect externally to bring new insight and expertise to Sourcing in the area of should-cost modeling

. Maintain a focus on continuous improvement to advance the COE to a mature state


Required Skills/Experience

Analytical Expertise

. Excellent analytical and problem-solving skills, including the ability to independently disaggregate issues, identify root causes and recommend solutions

. Experience in research, knowledge of modeling techniques, and basic finance / accounting knowledge

. Experience in mathematical software (e.g., Excel), databases, and comfortable working with large datasets

. Expertise in process design, 3rd party collaboration, and customer service

Engage with Purpose

. Strong active listening skills and ability to build trust quickly in a global, virtual environment

. Demonstrate ability to build relationships within Sourcing, across functions, and externally to influence and enable collaborative decision-making and business results

Demonstrate Agility

. Thrives in ambiguity and times of significant change demonstrates ability to quickly and effectively respond to change

. Demonstrate high learning agility and cultural agility in a fast-paced environment

Drive Repeatable Success

. Ability to align processes across organizational boundaries and the total value stream

. Experience identifying and removing barriers that prevent progress

Seize Opportunities

. Strong experience anticipating, preparing and responding to changes in the business environment

. Ability to take a broad perspective and be mindful of global implications when considering possibilities and implications for the business

. Ability to set priorities based on an understanding of consumer, customer, supplier and competitive landscapes

Basic Qualifications

. Fluency in English with the ability to work in a multi-lingual environment

. 3+ years of Supply Chain, Sourcing, Finance and/or Project Management experience 5 Years preferred

. Preferred Skills/Experience

. Experience driving results through others within a dynamic, glo bal organization

. Engage with Purpose: Experience working globally with variety of stakeholders with differing needs and agendas

Development candidate will receive in the role

. Build deep cost modeling expertise, across all categories in Sourcing

. Gain influence and exposure to global Sourcing leadership

. Establish strategies, direction and prioritization on a global scale

Drive results and repeatable success globally by leveraging standard processes, tools, and systems

Desired Profile

Minimum Degree Requirements: Masters
Preferred Degree Requirements: Masters
Preferred Major Area of Study: BE, Information Technology (IT), Computer Science, Statistics, Operations Research, Supply Chain Management
Required Professional Certifications:Data Engineer
Preferred Professional Certifications:Predictive Analytics


Minimum years of related experience required: 3+ Years
Preferred years of related experience: 5+Years

Specific Job Experience or Skills Needed

-Demonstrated inventory management, customer service, and production forecasting skills

-Can prioritize and complete multiple tasks on tight deadlines

Competencies/Behaviors required for job

-Energizes and develops people

-Anticipates market trends that will impact competitive advantage

A. Communication - Ability to effectively communicate ideas (via written & verbal communication) with stakeholders from different functions within the organization. Engages in cross functional collaboration to identify innovative solutions

B. Problem Solving / Analytical skills - Ability to understand the business requirement and convert into solution development needs. Incumbent should have experience in working on large data sets. Can identify issues and provide ideas/solutions for resolution.

C. Creative Thinking/Leads change - Ability and confidence to identify and recommend creative solutions. Identifies both opportunities and needs for change. Adapts quickly and responds effectively to change. Identifies issues or problems and provides a respective solution. Explores and shares innovative best practices with other.

D. Ability to deliver outstanding results - Completes tasks, activities and projects in a timely and effective manner. Communicates progress on projects with others to ensure overall alignment. Provides ideas and input to help team achieve greater result. May lead a defined portion of a project. Assumes personal initiative and accountability for results, performance and behaviors. Builds foundational skills and expertise in key systems and tools critical for success on the job (i.e. Excel, Tableau, SAP BW, advanced reporting and analysis, SQL, R, Python etc.)

This position will provide cross cultural development via constant interaction with multinational teams. Future strategic sourcing opportunities may involve global purchasing category assessment, business intelligence, financial systems integration, and other activities directly related to process improvement and productivity. Potential for further integration in to broader Supply Chain support and activities.

Skills: Sql, Accounting, Analysis, Benchmarking, Process Design, Excel, mathematical software , Assessment, Data Management, Production Forecasting, Tableau, Finance, Sap Bw, Python, Customer Service

Experience: 3.00-5.00 Years

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