Manager/Senior Manager - Purchase - Manufacturing Firm

Industry - Manufacturers and Suppliers

Location - Kandivali, Mumbai

Position - Manager/Sr. Manager- Purchase

Salary - As Per Candidate

Experience - Min 7-8 yrs from Lubricants/Chemicals or Paints

Qualification - Degree in Chemical & Supply Chain Management Preferred

Roles & Responsibilities :

- Plan sourcing value chain to make available the right material, equipment, etc. on time and at optimal cost.

- Set and publish pricing and purchase guidelines incl. share of business allocation for units

- Set-up monthly review (KPI, cost improvement projects, price variance, recovery/quality issue resolution) internally and supplier review process /actions

- Build supplier review development and Qualification process to fast-track new parts development to reduce the overall cost

- Explore and identify strategic options for vendors, transportation, and other key drivers of performance

- Monitor air/sea/trucking/network optimization guidelines related to freight for timely delivery and best possible Transportation rates.

- Handle full process from Procure to Pay.

- Initiate, drive and publish periodic, timely MIS comprising key metrics such as :

1. When material was procured

2. Vendor options considered

3. Vendor's selected

4. Vendor development schedules

- Review vendor schedules, pricing decisions, and lead key/high-value decisions

- Set import vs Domestic sourcing ratios aligned with cost plans and to create flexibility and strategic options.

- Review unit sourcing teams to create alignment, drive collaboration and mitigate issues.

- Review high-value and high-volume inventories, and working capital across units.

- Set min-max / optimal inventory limits for units, based on benchmarking / best practices, to optimize working capital

- Enable team to track and highlight key external trends: demand-supply, freight and pricing, weather, and monsoon (seasonal) Changes, Etc.

- Review monthly reports with team

- Plan for Key changes e.g. transition to GST

- Lead and drive a structured, strategic vendor development program:

- Lead key vendor contract negotiations and relationships

- Explore options for transportation and logistics, domestic and overseas.

- Develop indigenous vendors for items that can be developed locally.

- Share stocks with vendors to reduce site storage and inventories.