Job Description

Responsibilities:
Group Category Procurement (GCP) is formed for Strategic Sourcing of Categories Packages (~60-70% Group CAPEX) under 6 key Categories - Civil, Electrical, Mechanical & MHS, MEP, Interior & Finish, and Bulk/ ARC/ Group Services. The Key Focus areas for GCP are :
- Vendor Development / Engagement Strategy
- Value Engineering (Alt. Material/ Technology)
- Market Intelligence & Benchmarking
- Cost Efficiency Through Economies of Scale & Standardization through Value Engineering * Roles & Responsibilities

• Collate and analyse key metrics & indices, industry updates (including industry drivers like alternate industries), trade flows, and important developments available on various local & international exchanges / portals / news outlets / journals / secondary data sources
• Seek information from market and through category leads on supply side constraints, technology development, supply chain risks.
• Work with AI team to develop the price forecasting model with deep down product/category/market bifurcations while maximising industry specific touchpoints and minimising divergence.
• Develop and maintain a formal understanding of supply side costing through automated tools with a sound set of input variables for raw material, value addition, indirect cost element, industry margin references, logistics and fulfilment costs, lifecycle cost across multiple engineered products / services in close coordination with individual category leads.
• Keep track of Govt. policies, EXIM rules, international tariff & non-tariff measures in countries of Interest like Europe, South east countries, China, India, EXIM trade flows and any other factors influencing supply / price / policy dynamics of our leading vendors/ OEMs
• Study and keep track of best practices, M&A potentials & activities, market gaps pertaining to Categories and sub-categories.
• Use the end-results data / information prepare a readily available dashboard and guidance mechanism based on costs & price variables/ market situation & industry environment to aid strategic sourcing and procurement decisions or pricing rationale.
• Develop and maintain sound 'industry inside contact points' at manufacturers/ traders/ buyers/ competitors/ and neutral touch points for above-mentioned goals.
• SPOC - SPOC between the Category and other Categories and BUs
• Communication & Coordination: Act as a liaison between the Category Procurement GCP and BU to ensure alignment on project needs, timeline, and priorities
• Project requirement Gathering : Collaborate with BU teams to gather detailed specifications and timeline for procurement needs
• Stakeholder Engagement: Facilitate regular meetings and updates between GCP and BU teams to ensure transparency and resolve any bottlenecks
• Performance Feedback Collections : Collect and relay feedback from BU teams regarding supplier performance and contract effectiveness
• Documentation & Reporting : Maintain records of coordination activities and report on progress to ensure smooth GCP-BU collaboration

Qualifications: * Qualification and Experience

• Bachelor's degree in Engineering in Civil / Electrical / Mechanical / Instrumentation with additional qualification in Data Analytics / Data Science is preferred

• Experience / Exposure

• 8-12 years experience with exposure to Category in infrastructure industry
• Exposure to market research and analytics functions with understanding of outcomes mentioned in the roles and responsibilities and preferably from relevant industry (Civil / Electrical / Mechanical / MHS / Real Estate / Interior & Furnishing / Steel)
• Industry connects in terms of OEMs, regulatory bodies, industry associations like local and global leading commodity exchanges
• Exposure and experience in Consulting organisation in Procurement / SCM space with hands on experience in handling the Market Intelligence / Analytics outcomes in Transformation Process