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Designation: Senior Manager Purchase
Location: Onsite
Type: Full Time
Experience Required: 1+ Years
Job Responsibilities :
– Prepare DMC (Direct Material Cost) and Capex estimation for the upcoming models and parts.
– Identify vendors with advance technology, prepare business plan and validation of vendors and initiate vendor empanelment process
– Handle RFI/RFQ documents and review SOR on Technical specifications in order to shortlist vendors and finalize the prices
– Analyse quotation received for RFQ and evaluate it against the cost estimate/target cost
– Propose a shortlist of most suitable vendors after negotiation and evaluation and complete internal approval process as per the DOA.
– Monitor and Review financial health, operations, IR health, etc. of the suppliers for long term sustainability
– Supplier negotiation – Assess the current situation (Business Environment- External) along with SQ and SCM and tactfully negotiate the terms and conditions with the suppliers
– EVI (Early Vendor Involvement) – develop vendors for critical long lead time items
– Evaluate vendors to track target cost, in case of cost escalation / quality issues initiate re-sourcing along with SQ and SC for identified commodity
– Process and Supply chain Optimization by localization of the component by resourcing or by introduction of alternate technologies with the help of vendors
– Support ERC on cost reduction initiatives through VAVE (Value addition – value-engineering initiatives), change in design or process improvement. Work along with vendors to get optimal advantage
Functional Competencies :
– Functional-Procurement/ Purchase Process
– Costing of Products & Cost Monitoring
– Understanding of Zero based costing
– Supplier Relationship Management
– Internal Communication Touchpoint
– Engineering
– Product Line
– Supply Chain Management
– Supplier Quality
– Finance
– External Communication Touchpoints
– Suppliers and Vendors
