Job Description

Position Summary with Job Responsibilities Position Summary with Job Responsibilities Senior Manager - Purchase will work with the relevant teams to evaluate and select the source for the assigned category of TPEM parts in order to achieve business objectives in a timely manner within TML procurement procedures. 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 Education BE/B Tech in Electronics Work Experience 5-10 years 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 Education Work Experience Tata Motors Leadership Competencies Customer Centricity - Anticipating, understanding and focusing efforts on meeting the customer (stakeholders) needs or expectations Developing Self and Others - Recognizing continuous development is essential for success and taking steps to develop self and helping others to excel Driving Execution - Translating strategy into action and execution Leading by Example - Encouraging and following ethical standards Leading Change - Recognizing the need for change, initiating and adapting to change Motivating Self and Others - Inspiring teams and individuals Functional Competencies Tags

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