Purpose of the Role   Will be responsible for the day to day management of the corporate buying and sourcing duties, including the direct team leadership and direction of buyers, purchasing professionals, etc., in addition to the management and identification of vendor relationships.   Role Description   1. Understand and validate the purchase requisitions (PR) from User Departments   2. Prepare RFP/RFQ and invite quotes from vendors   3. Prepare comparative statements of the quotations received from vendors to select best source of supply   4. Track and monitor savings generated through vendor development, negotiations, part development/product substitution or any other such initiative   5. Ensure conversion of PR to PO (Purchase Order) with minimum turnaround time  6. Develop local and foreign vendors for Active and Passive items for Networking/ RF components   7. Track and manage Import shipments in coordination with Vendors, Freight forwarders and C&F agents   8. Coordinate with Banks and Accounts team for foreign remittance to vendor accounts   9. Follow up with vendors to ensure on time material/service delivery   10. Coordinate with Stores for material requirement planning, Goods Inward and resolve logistics issues   11. Ensure vendor payments on time in coordination with accounts and finance teams   12. Minimize escalations through resolving trivial day to day procurement issues with Accounts, Stores and User departments   13. Prepare and circulate Periodic Procurement MIS reports   14. Any other procurement activities as required by the reporting manager   Key Result Areas   The core of this role will focus on the management of the day to day functions of a team of buyers, as well as providing leadership, coaching and mentoring, and training to the team   Innovation Recruitment Specifications   Education : Bachelor degree required, Business, Supply Chain & Logistics or Materials degree preferred Work  Experience : 10-12 years of Procurement / Supply Chain experience (a combination of both tactical and strategic experience preferred)   3-5 years of experience in managing direct reports   Strong verbal and written communication skills  Ability to prioritize in a fast paced environment Strong customer focus   Must be able to understand the needs of the business and incorporate into the procurement processes   Demonstrated negotiation skills Must be open-minded, flexible, and able to adapt easily and accept new ideas quickly

Bangalore

ACT - Assistant General Manager - Procurement   

ACT - Assistant General Manager - Procurement    ,Job Description for ACT - Assistant General Manager - Procurement    in Act in  Bangalore for (10-15) years of experience. Apply Now!

Job Description for ACT - Assistant General Manager - Procurement    in Act in  Bangalore for (10-15) years of experience. Apply Now!