Roles and Responsibilities:

Sourcing Management:

- Category Management: Prepare and drive category specific strategies with a view to enhance ARCs/OLAs and reduce the spot buying.

- Demand Consolidation: Consolidate purchase requirements from various departments or projects and identify gaps in the scope of demand with users to ensure comprehensive and efficient procurement planning.

- Vendor List Finalization: Identify and finalize list of qualified vendors suitable to fulfill the demand and timely respond to any of their commercial queries in the overall procurement process.

- RFQ Management: Float RFQs for consolidated requirements/ARCs and ensure timely receipt of techno-commercial bids.

- Conduct Commercial Review and Evaluation: Prepare commercial bid evaluation sheet for an accurate understanding of offers and pricing, before starting supplier negotiations.

- Technical Query Management: Clarify and collaborate with the technical team to address supplier's technical queries and deviations.

- Conduct Negotiations and Create NFA: Conduct negotiations to secure favorable terms and create all necessary documentations as per guidelines and prepare NFA, then follow up to secure approvals as per DOA.

- Trigger the creation of purchase orders or contracts following NFA approval.

- Order Execution: Execute order as per agreed rate agreements or contracts, timely record of all the processes/data for proper audit and ensure compliance with internal policies.

- Vendor Communication: Ensure PO acknowledgement by vendor within the planned timelines.

- Delivery: Provide support for on-time delivery of required goods or services by the supplier.

- Spot Buying: Facilitate the sourcing, negotiations, NFA creation, securing approvals, ordering and delivery of spot requirements.

Supplier Relationship Management:

- Supplier Discovery: Identify new suppliers from the market to ensure optimum list of available suppliers to meet procurement demands of the firm.

- Supplier Segmentation, Evaluation and Performance Assessment: Support Category owner in setting up criteria and guidelines for supplier segmentation, evaluation and performance assessment.

- Supplier Development: Identify supplier development opportunities as per the procurement requirements and supplier scenario and support SRM Cell in execution of Supplier development initiatives.

- Risk Assessment and Supplier Audits: Conduct regular assessments of suppliers and evaluate potential risks related to suppliers, including financial stability, operational capacity, compliance with regulations, etc.

- Mitigation Strategies: Support Category Owner to develop and implement strategies to mitigate identified risks.

- Relationship Management: Maintain a constructive and cordial relationship with key strategic suppliers.

Administrative R&R:

- Performance Measurement: Monitor KPIs for procurement activities and ensure adherence to pre-defined SLAs.

- Process Improvement Initiatives: Identify areas for improvement and implement them for enhanced efficiency or effectiveness.

- Stakeholder Management and Communication: Build relationships with key stakeholders and promote teamwork across functions and manage effective communication with internal and external stakeholders for seamless collaboration and transparency.

Skills and Capabilities:

- Procurement Planning and Scheduling, Buying Channel Strategy, ARIBA, SAP MM, Market Intelligence, Cost Modelling.

- Contract Management, Procurement Analytics, Supplier relationship management, Risk Management, Category Strategy.

- Negotiation Skills.

Experience and Qualifications:

- Educational Qualification: Bachelor's in Engineering (BE/B.Tech).

- PG: M Tech or MBA in SCM or related function is preferred.

Minimum Experience Requirement:

- 10+ years of experience in procurement of materials/services.

- Possess strong techno-commercial knowledge of the market and procurement of opex/capex categories.

- Preferred Industry: Large size business conglomerates in Steel, metals, manufacturing, or heavy industries.