As the Head of Procurement for CH API at Bayer HealthCare, Somnath Tamhane plays a pivotal role in steering the company's procurement strategy within the highly regulated pharmaceutical sector. With a robust focus on leadership, category management, and supplier management, Somnath is instrumental in ensuring...
As the Head of Procurement for CH API at Bayer HealthCare, Somnath Tamhane plays a pivotal role in steering the company's procurement strategy within the highly regulated pharmaceutical sector. With a robust focus on leadership, category management, and supplier management, Somnath is instrumental in ensuring that Bayer maintains its competitive edge through effective sourcing of raw materials. His expertise in negotiating and managing vendor relationships is critical, particularly in an industry where the timely and cost-effective acquisition of active pharmaceutical ingredients (APIs) can significantly impact product availability and compliance.
Currently, Somnath leads a diverse team of category managers overseeing APIs, vitamins, minerals, and herbal categories, driving initiatives that enhance business partnering and strategic sourcing. His strategic guidance extends across multiple regions, including Germany, Switzerland, China, and India, where he collaborates with cross-functional teams to develop innovative sourcing strategies aimed at achieving a targeted 10% cost reduction in direct materials. This not only optimizes Bayer's supply chain management but also reinforces its commitment to quality and sustainability.
Somnath's proficiency in project management, due diligence, and global sourcing ensures that Bayer can navigate the complexities of the pharmaceutical supply chain effectively. His leadership fosters a culture of excellence and continuous improvement, enabling the procurement division to adapt to evolving market demands while maintaining the highest standards of compliance and operational efficiency. Through his strategic vision and hands-on approach, Somnath Tamhane is not just enhancing Bayer's procurement capabilities but also contributing to the broader mission of delivering innovative healthcare solutions to patients worldwide.
