Job Description

Purpose of the Role
This role is responsible managing end-to-end purchasing activities for Plant & Machinery of Indirect purchase as well as on-boarding strategic vendor partners for the business units. It also entails aligning to benchmark and delivering within budgetary targets received from Business Units. The role must ensure achieving cost efficiencies by deploying various cost reduction levers.
Job Responsibility

• Scope - Purchasing & settlement of Plant & Machinery of Indirect purchase.
• Should have knowledge for various Indirect spend, especially in capex commodities.
• Review of RFQ, analysis of requirements, quotes from the suppliers, price reasonability and negotiation to achieve best cost with quality and delivery aspect with specific value additions
• Explore cost optimization opportunities thru various levers.
• Managing and improving Turn around time for settlements.
• Adherence to vendor evaluation & rationalization process
• Should be able to evaluate suppliers, assessment in term of financial health, operational matrix, and business risk perspective etc.
• Should be able to visualise market dynamics, doing benchmarking with other OEs and possess market intelligence, accordingly propose / optimize.
• Knowledge of Macro and Microeconomic factors.
• Preparation of periodic MIS for performance evaluation as per BSC and Goals
• Required to periodically review any open issues related to PO such as on-order, In-warding, payments, BG/PBG monitoring, etc. and timely closure of such open items.
• Complying with Internal Audit & Statutory compliances pertaining to scope of activities.
• Understanding of Purchase orders, Contracts and Agreements. Awareness of import related taxation various schemes benefiting Capex, GST etc.
• Envisioning and supporting Digitization journey in Indirect Purchase.
• Managing team, as applicable, enhancing team engagement and striving for improving Work culture and Ethics.

Stakeholder Profiles & Nature of Interactions
Desired Candidate Profile

• Education : B.E. / B.Tech / MBA
• Work Experience : Min 5 years of total work experience (preferably automobile).
• Experience in the areas of capex Purchase
• Experience of Should Costing / Zero Based Costing
• Communication and relationship management with suppliers and stakeholders.
• Understanding & experience of Cost reduction levers
• Should possess good negotiation and communication skills.
• Knowledge of Relevant Taxation framework and application in Capex purchase.

Skills & Competencies

• Techno - Commercial Knowledge
• Analytic and Negotiation Skills
• Financial acumen & Taxation knowledge
• Supplier Relationship Management
• Basic Knowledge of SAP/IT processes
• Team player
• Self-motivated
• Exposure to Quality management systems
• Customer Centricity
• Hands-on exposure and experience in MS office, SAP, Online Procurement Systems, Online Negotiation Tools

Skills Required