Designation: Senior Manager Purchase

Location: Onsite

Type: Full Time

Experience Required: 1+ Years

Job Responsibilities :

- Prepare DMC (Direct Material Cost) and Capex estimation for the upcoming models and parts.

- Identify vendors with advance technology, prepare business plan and validation of vendors and initiate vendor empanelment process

- Handle RFI/RFQ documents and review SOR on Technical specifications in order to shortlist vendors and finalize the prices

- Analyse quotation received for RFQ and evaluate it against the cost estimate/target cost

- Propose a shortlist of most suitable vendors after negotiation and evaluation and complete internal approval process as per the DOA.

- Monitor and Review financial health, operations, IR health, etc. of the suppliers for long term sustainability

- Supplier negotiation - Assess the current situation (Business Environment- External) along with SQ and SCM and tactfully negotiate the terms and conditions with the suppliers

- EVI (Early Vendor Involvement) - develop vendors for critical long lead time items

- Evaluate vendors to track target cost, in case of cost escalation / quality issues initiate re-sourcing along with SQ and SC for identified commodity

- Process and Supply chain Optimization by localization of the component by resourcing or by introduction of alternate technologies with the help of vendors

- Support ERC on cost reduction initiatives through VAVE (Value addition - value-engineering initiatives), change in design or process improvement. Work along with vendors to get optimal advantage

Functional Competencies :

- Functional-Procurement/ Purchase Process

- Costing of Products & Cost Monitoring

- Understanding of Zero based costing

- Supplier Relationship Management

- Internal Communication Touchpoint

- Engineering

- Product Line

- Supply Chain Management

- Supplier Quality

- Finance

- External Communication Touchpoints

- Suppliers and Vendors