As a GM- Strategic Procurement & Vendor Management, your responsibilities would be as follows:
- Responsible for strategic sourcing for the company.
- Identifying and developing key suppliers/vendors for various raw materials/hardware items within India and outside India.
- Reliability and sustainability of the vendors are of paramount importance.
- Defining and executing the vendor selection process considering the supply of quality products at the right price.
- Updated with market trends by effectively networking with internal / external stakeholders for driving efficiency through innovative processes and systems.
- Analyzing and calculating procurement costs and developing cost reduction strategies.
- Driving purchasing decisions based on cost and scenario analysis, as well as market trends.
- Conducting market research, as well as creating cost estimates and forecasts.
- Estimating risks and applying risk minimizing techniques, as well as negotiating contracts that comply with industry regulations.
- Maintaining strategic sourcing relationships and developing strong partnerships.
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