Supply Chain Lead RoleLNT/SCLR/1354361
DEIC-L&T Precision Engineering & Systems ICBengaluru
Posted On
26 May 2025
End Date
22 Nov 2025
Required Experience
15 - 25 Years
Skills
Knowledge & Posting Location
COMMUINCATION
SUPPLY CHAIN
NEGOTIATION MANAGEMENT
CUSTOMER ENGAGEMENT
Minimum Qualification
BACHELOR OF ENGINEERING (BE)
PROGRAM IN PROJECT MANAGEMENT LEVEL -1
Key Responsibilities:
? Supplier Sourcing & Relationship Management:
o Identify, evaluate, and establish relationships with reliable suppliers and
vendors.
o Negotiate contracts, pricing, terms, and conditions to optimize cost-efficiency.
o Conduct regular supplier performance assessments and address any quality or
delivery issues.
? Procurement Planning:
o Collaborate with Marketing, PMG, PTDC (Design) teams to forecast material
requirements.
o Develop and execute procurement strategies to ensure a continuous supply of
components and materials.
o Maintain an optimal inventory level by overseeing stock control and
replenishment systems.
? Cost Management & Budgeting:
o Implement cost-saving initiatives through strategic sourcing and vendor
negotiations.
o Monitor market trends and pricing fluctuations of electronic components.
o Prepare and manage procurement budgets, ensuring alignment with company
financial goals.
? Compliance & Risk Management:
o Ensure purchased components meet required specifications and industry
standards.
o Manage risk related to supply chain disruptions by developing contingency
plans.
o Ensure adherence to company policies, industry regulations, and
environmental standards in the procurement process.
? Vendor Development & Collaboration:
o Work closely with vendors to improve product quality and delivery efficiency.
o Facilitate product development with suppliers in line with new product
launches and innovations.
o Foster strong working relationships with key suppliers to support long-term
partnerships.
? Logistics Coordination:
o Collaborate with logistics teams to ensure timely delivery of goods.
o Oversee the import/export process when dealing with international suppliers.
o Manage freight, transportation, and warehousing requirements for the
electronics supply chain.
? Reporting & Analytics:
o Maintain accurate records of all procurement transactions, contracts, and
supplier information.
o Generate procurement reports and analyze data to make informed purchasing
decisions.
o Monitor and report on key performance indicators (KPIs) related to
procurement efficiency, cost savings, and supplier performance.
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