Global sourcing of Raw Material and Equipment

Operational excellence in Material Management

Vendor Development and Management

Collaborate with Manufacturing, Design & Development and Sales team

Organizational Imperatives

 

 

Job Description:

 

The incumbent would be responsible for the following:

 

1. Global sourcing of Raw Material and Equipment - Understanding availability of materials and pricing at global level. - Ensuring supplier capacity is built as per annual / long term production volumes - Sourcing right quality of raw material / equipment globally at optimum prices and as per schedule

 

2. Operational excellence in Material Management - Benchmarking of key sourcing processes and practices to improve sourcing efficiency and materials management - Formulate quality assurance plans with suppliers and conducting periodic vendor audits for continuous improvement in supply chain. - Sourcing Analysis and MIS (Price trends, BOM variance, consumption pattern, cost structure) - Forming strong supply chain network through long term supply, sub-contracting and service agreements

 

3. Vendor Management and Supplier Development - Mapping supply market and new source development - Establishing & maintaining effective Vendor Data base and developing local vendors - Building strategic relationship through effective supplier engagement program (A & B class suppliers) and managing overall vendor engagement

 

4. Collaborate with Manufacturing, Design & Development and Sales team - Driving cost reduction initiatives through strategic sourcing and indigenization. - Supplier process optimization through CFT and new raw material development for improved performance and cost savings. - Optimum Raw Material planning and Inventory and Working Capital management - Development of indirect materials and equipment required by Manufacturing and D&D department

 

5. Organizational Imperatives - Set Plan and Reviews on a timely basis - Development and retention of talent / teams through coaching and feedback on strengths and area of developments for enhancing competencies in technical and leadership areas. - Drive Excellence through improvements initiatives such as Kaizen, PMO, cross functional projects etc. for overall development of teams - Uphold statutory compliance and promote a safe working environment across all operations. - Formulate plans and track metrics for key business processes under Enterprise Risk Management

 

 

Requisite Qualification/Experience

 

12 years of work experience for Degree in Engineering in Purchase and Vendor Development OR 10 years of work experience for Post Graduate qualification in Supply Chain Management or Operations

 

Preferred: Experience in Metal / Energy Industry/UPS/Electronics/ Battery

 

Skills Required: 

 

Good negotiation, communication Time management skills Process and quality orientation Interpersonal Skills Result orientation Techno-commercial acumen Knowledge of commercial aspects of purchase like Government Taxation, transportation, imports, legal aspects etc. Decision making ability Risk Management