VVF - Mid Management Role - Indirect Procurement - Engineering Purchase

Position - Indirect Procurement - (Engg Purchase) - Mid Management role

Department & Location : Engineering Purchase

Educational Qualification(Required) : B.E. / B.Tech

Experience(Required) : 10 to 15 years

Role Purpose : To Ensure timely, cost effective and efficient Procurement of Indirect (Capex and Plant Maintenance Mechanical, Electrical & Instrumentation) Material and Services

Job Authority :

- Negotiation with vendors and finalization and release of Purchase Order

- Fund utilization and payment allocation

- Technical Skills & Knowledge - Requirement

- Manufacturing process and cost estimation of Engineering items

- Knowledge of latest trends and best practices in Procurement

- Strong negotiation and relationship management skills

- Proven ability to build, sustain, and influence relationships, at all levels of an organization

- Knowledge of company's strategy, structure and practices

- Strong planning and decision-making skills

- Deep data analysis and forecasting skills

- Strong conceptual knowledge of the Procurement function

Key Result Areas (KRAs) / Key Performance Indicators (KPIs) :

Business : Cost Improvement through Negotiations, Value engineering, vendor led innovation and Cross functional cost saving - as % of spent value

Customer Service :

- To improve customer service level for timely delivery of material and PR-PO conversion from last year performance by x%

Process / People : Enhancing skill level of team members - develop a framework to support buyers to analyse trends, feedstock / industry analysis, articulating purchase strategy, monthly presentation in a structured manner, sharing info with team members, Excel training etc. Compliance of Individual Learning Plant (IDP) for self and team

Key Responsibilities :

- Identifying cost improvement areas based on spent analysis of past procurement and current year business plans and ensure implementation of the same

- Aligning with user about service level and ensuring adhereance to the same through out the year

- Formulating procurement stretegy for various category of items with objective of cost improvement and better service level to user

- Achieving purchase Rate reduction by negotiations, developing alternate vendor etc

- Bringing cost improvement through value engineering, by reducing consumption, alternate material, cross functional initiative etc.

- Responsible for vendor management - managing relationships, resolving issues and developing new vendors

- Implementing best procurement practices / Processes

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